Question: What are VantageFX's minimum and average spreads?
What’s the Forex spread of VantageFX MT4 and MT5 accounts?
Notice
This FAQ has ended its release period. Please check VantageFX's latest information and campaign on VantageFX's company introduction page.
VantageFX - What's now?
We are no longer promoting VantageFX. The information regarding to VantageFX on the website 'Hercules.Finance' maybe outdated. ref. VantageFX
Trading Account Types of VantageFX
The general trading cost is decided by the spread and the additional trading commission charged on each trade.
Such costs are different depending on the account type of VantageFX you use.
See the table below for the comparison of trading cost and spread of VantageFX’s each account type.
| Account Types | Standard STP | Raw ECN | Pro ECN |
|---|---|---|---|
| Required Minimum Deposit | $200 | $500 | $20,000 |
| Minimum Spread | 1.4 pips | 0.0 pips | 0.0 pips |
| Trading Commission | None | $6 per round turn lot | $4 per round turn lot |
Basically with VantageFX, you can trade with lower trading cost by upgrading the account type.
With VantageFX, you can open up to 5 live trading accounts and manage them all under your profile too.
For the full comparison of VantageFX’s all account types, visit the page here.
Go to VantageFX Official Website
Costs involved for trading with VantageFX
From account opening to profit withdrawal, here are the costs that you will need to cover.
- Spread
- The difference of bid and ask price. The spread is different depending on the account type you choose.
- Trading Commission
- The trading commission is charged only for ECN accounts of VantageFX
- Swap (Overnight Interest Rate)
- The swap points are credited or charged on positions held overnight in server time. Swap points do not occur for Islamic swap free account.
- Transfer fees by third parties
- VantageFX does not charge fees for deposits and withdrawals of funds, but payment service providers could charge you.
There is no costs involved to open live or demo trading accounts, making fund deposit and withdrawal, and for downloading VantageFX MT4 and MT5 trading platforms.
