- How to open an account with VantageFX?
- What you can trade with VantageFX?
- 3 Trading Account Types of VantageFX
- ZuluTrade Automated Copy Trading
- FAQ about Account Opening with VantageFX
- How can I open a Free Vantage FX demo account?
- How long can I use Free Vantage FX demo account? Any expiration dates?
- How can I open a live Forex trading account with Vantage FX?
- How long does it take to open a live Forex trading account with Vantage FX?
- What documents do I have to provide to open a live Forex trading account with Vantage FX?
- How much is it to open a live trading account with VantageFX?
- How can I deposit funds into my Vantage FX MT4 trading account?
- What is the minimum deposit needed to open a VantageFX live Forex trading account?
- Must I send a copy of my credit card to VantageFX?
- How can I withdraw funds from my Vantage FX MT4 trading account?
- How long does it take to deposit/withdraw funds?
- Does Vantage FX charge any fees on deposits/withdrawals?
- What is the difference between a Standard STP and RAW ECN Account?
- What is the maximum leverage I can get on a Vantage FX live Forex trading account?
- Can I change my leverage on my Vantage FX trading account?
- Can I change my Vantage FX Forex trading account type between Standard STP and RAW ECN?
- When will I receive Account Statements?
- What are the margin call and stop out percentages?
- Can I go long and short the same market, at the same time? (Can I hedge?)
How to open an account with VantageFX?
Opening an account with VantageFX is simple and easy, and you can complete it for free.
To signup for VantageFX and open a live trading account, go to VantageFX Official Website.
Then click on “START NOW” or “OPEN ACCOUNT” button.
In the registration page, you need to type in your personal information such as name, email address, phone number and country residence.
After filling in all information, click on “OPEN A LIVE ACCOUNT” to proceed to the next step.
Once the account opening (online registration) is completed with VantageFX, you will receive login credentials for your account.
Now, login to the client portal from VantageFX Official Website to get started.
What you can trade with VantageFX?
With VantageFX, you can invest in more than 180 financial markets all together.
The available financial markets for trading include the Forex, Precious Metals, Stock Indices, Energies, Soft Commodities and Shares.
With any markets, you can speculate on market prices at anytime and anywhere.
You can also make profits from both rising and falling prices as you can place both buy and sell orders.
VantageFX also offers high leverage 1:500 across many markets, which increases your trading volume by 500 times.
With VantageFX, you can start trading from only $200 of minimum deposit amount.
3 Trading Account Types of VantageFX
VantageFX offers 3 trading account types for its clients.
Each account type offers the same financial markets for trading, but the requirement minimum deposit and trading costs are slightly different between the account types.
See the comparison of VantageFX’s account types below.
|Account Types||Standard STP||Raw ECN||Pro ECN|
|Trading Environment||STP (Straight Through Processing)||ECN (Electronic Communication Network)||ECN (Electronic Communication Network)|
|Trading Platforms||Both MT4 and MT5||Both MT4 and MT5||Both MT4 and MT5|
|Execution Model||Market Execution||Market Execution||Market Execution|
|Available Markets||Forex, Commodities, Indices and Stocks||Forex, Commodities, Indices and Stocks||Forex, Commodities, Indices and Stocks|
|number of Symbols||Over 173 Symbols||Over 173 Symbols||Over 173 Symbols|
|Required Minimum Deposit||$200||$500||$20,000|
|Account Base Currencies||AUD, USD, GBP, EUR, SGD, CAD||AUD, USD, GBP, EUR, SGD, CAD||AUD, USD, GBP, EUR, SGD, CAD|
|Minimum Trading Volume||0.01 lots||0.01 lots||0.01 lots|
|Minimum Spread||1.4 pips||0.0 pips||0.0 pips|
|Trading Commission||None||$6 per round turn lot||$4 per round turn lot|
With VantageFX, you can open up to 5 live trading accounts and manage them all together under your profile.
Open multiple trading accounts to diversify your portfolio and see which account type is best suited for your trading style.
For more information about VantageFX’s Islamic Swap Free account, visit the page here.
ZuluTrade Automated Copy Trading
Are you a new trader of the Forex market and struggling to make profits by yourself?
VantageFX is a partnered broker with ZuluTrade, the most popular copy trading service provider.
ZuluTrade’s service is free of charge, and you can copy traders of professional traders in real time to your account.
To use ZuluTrade’s copy trading service for your VantageFX’s account, you need to first signup for ZuluTrade then open VantageFX’s live account from ZuluTrade’s portal.
There are hundreds of profitable signals and trader that you can copy from.
Visit ZuluTrade Official Website to find out more about their innovative service.
FAQ about Account Opening with VantageFX
Are you interested in opening an account with VantageFX and start trading Forex and CFDs?
You might have some questions to ask before getting started.
It’s always better to contact VantageFX’s support team directly to seek for the answers though, we have also listed up the frequently asked questions about VantageFX’s service and the account opening below.
1. How can I open a Free Vantage FX demo account?
To open a FREE $50,000 Vantage FX MT4 demo account, click the blue “Demo Account” button at the top right hand corner of every page.
Simply fill in your details and submit the form.
You will then be able to instantly download MT4 and start learning to trade Forex.
Go to VantageFX Official Website to start your online registration.
2. How long can I use Free Vantage FX demo account? Any expiration dates?
Each Vantage FX MT4 demo account lasts for 30 days before your login will expire.
We encourage VantageFX’s new traders to demo trade until they are comfortable with both the Vantage FX MT4 platform as well as their own trading strategy.
If you require a non-expiring demo, please don’t hesitate to send VantageFX support team an email.
There are certain differences between Demo and Live trading accounts.
For more information about the difference of MT4 and MT5 demo accounts and live trading accounts, please visit the page here.
3. How can I open a live Forex trading account with Vantage FX?
To open a Vantage FX MT4 live account, click the red “Live Account’”button at the top right hand corner of every page.
Complete the forms, provide the required documentation for proof of identity and once approved, your new account details will be emailed to you.
The account opening is free and may only take a few minutes to complete.
4. How long does it take to open a live Forex trading account with Vantage FX?
The online forms required for a live Forex trading account are fast and easy to complete.
If you submit the accompanying required proof of identity documentation when you submit the form, you can be set up and trading within 24 hours.
Once you complete the online registration and the account verification, you will gain full access to VantageFX’s client portal.
5. What documents do I have to provide to open a live Forex trading account with Vantage FX?
To open a live Forex trading account, Vantage FX’s AML and CT regulations require some proof of identity documentation to be submitted alongside your application.
Using a smartphone, digital camera or scanner, simply email VantageFX a clear picture of the required documents to support team.
Every licensed Forex broker requires the same types of documents to account verification.
If you like to avoid this process in the future, open accounts with multiple brokers today and submit the documents to verify all accounts together.
For the list of online Forex and CFD brokers, visit the page here.
6. How much is it to open a live trading account with VantageFX?
There are ZERO account opening or maintenance fees on all Vantage FX live Forex trading accounts.
This ensures that you are able to fund and trade your capital at your own pace with no pressure from Vantage FX.
With VantageFX, you can also make deposits and withdrawals of fund without any charges.
Your cost is incurred only when you trade on VantageFX MT4 and MT5 trading platforms.
The cost of investment is different depending on the account type of VantageFX and the financial market you invest in.
For the comparison of VantageFX’s all MT4 and MT5 account types, visit the page here.
7. How can I deposit funds into my Vantage FX MT4 trading account?
Vantage FX clients can fund their account in a number of ways all found on VantageFX’s deposit page.
Please click the button next to your required funding type and log into the secure Vantage FX client portal to finalise your deposit.
For the list of all fund deposit and withdrawal conditions, visit the page here.
8. What is the minimum deposit needed to open a VantageFX live Forex trading account?
The minimum deposit that Vantage FX can accept are $200 for all Standard STP accounts and $1000 for RAW ECN account. Just remember that you can open and keep a live Forex trading account with a $0 balance.
VantageFX accepts deposits of small amount, and you can start trading by utilizing VantageFX’s 1:500 high leverage.
9. Must I send a copy of my credit card to VantageFX?
The first time you use a credit card for deposits into your live MT4 trading account, it must first be verified.
Using a smartphone, digital camera or scanner, simply email VantageFX a clear picture of the front of the credit card to VantageFX’s support team.
For more information and the specification of the required document and copies, please visit VantageFX Official Website.
10. How can I withdraw funds from my Vantage FX MT4 trading account?
Vantage FX clients can withdraw funds from their account online.
Simply click the button at the bottom of VantageFX’s withdraw page and log into the secure Vantage FX client portal to complete your withdrawal.
Your fund withdrawal will be mainly done via the method which you used for making deposits previously.
11. How long does it take to deposit/withdraw funds?
Vantage FX does everything it can to make sure all clients receive their funds the same day that they make their withdrawal request.
For withdrawals received prior to 19:00 AEST (09:00 GMT), the request will be processed on the same business day.
Note that the processing time is different depending on the fund deposit and withdrawal method you choose.
The processing time can be from instant to 5 business days.
12. Does Vantage FX charge any fees on deposits/withdrawals?
Vantage FX does not charge any internal fees for deposits or withdrawals.
However, please note payments to and from overseas banking institutions may attract intermediary transfer fees from either party which are independent of Vantage FX.
For more information about the fees charged by third parties and payment service providers, you may contact these companies directly.
13. What is the difference between a Standard STP and RAW ECN Account?
Compare the difference between VantageFX’s Standard STP and RAW ECN trading accounts by using the table at the compare Forex trading accounts page.
You can also see the comparison table at the top of this page.
14. What is the maximum leverage I can get on a Vantage FX live Forex trading account?
Vantage FX’s standard Forex leverage starts at 100:1.
The maximum Forex leverage Vantage FX may offer is up to 500:1.
This is only for approved accounts but if your trading strategy requires higher leverage, you may request a change of leverage in the client portal.
Note that the maximum leverage maybe limited depending on the symbol you trade.
For more information, you may refer to contract specification page in VantageFX Official Website.
15. Can I change my leverage on my Vantage FX trading account?
Simply log-in to the secure Vantage FX client portal, click the “My Accounts” button in the left hand menu, find the MT4 account you wish to change leverage on and click the small gear cog icon that is within the table to request a change.
16. Can I change my Vantage FX Forex trading account type between Standard STP and RAW ECN?
If after comparing VantageFX’s Forex Trading accounts, you require your live MT4 trading account to be changed between Standard STP and RAW ECN, simply contact them by phone, or email to support team.
With VantageFX, you can also simply open multiple trading accounts under your profile to try other account types.
You can manage up to 5 trading accounts under the same profile.
17. When will I receive Account Statements?
Daily account statements will only be emailed to you on the days that your MT4 trading account has experienced trading activity. You will also receive a monthly account statement on the first day of every new month regardless of trading activity.
18. What are the margin call and stop out percentages?
Vantage FX will alert you via email when the “Margin Level” in your MT4 Terminal reaches 80%.
From here, Vantage FX will email you on the deposit requirements needed to keep your position open.
If your Margin Level drops to 50%, then your position will be automatically closed via a margin call.
The condition of stop out and margin call are the same for all clients and account types.
19. Can I go long and short the same market, at the same time? (Can I hedge?)
Holding both an open long and short position in the same Forex currency pair at the same time (otherwise known as hedging) is permitted on all live Vantage FX MT4 accounts.
VantageFX does not restrictions in terms of trading strategies on MT4 and MT5 trading platforms.