If you’re looking for a reliable and trustworthy forex broker, then you may want to consider Vantage FX. Vantage FX offers ECN trading on the MetaTrader 4 platform, which is one of the most popular and user-friendly platforms available.
However, before choosing any forex broker, it’s important to do your research and make sure that they are the right fit for you. In this Vantage FX review, we’ll take a look at the company’s background and history, its fees and commissions, the platforms and tools they offer, and more.
Vantage FX Review
There are a few key facts regarding vantage fx that you should be aware of:
Background and History
Vantage FX was founded in 2009 and is based in Australia. The company is regulated by the ASIC, which is the Australian Securities and Investments Commission. Vantage FX offers ECN trading on the MetaTrader 4 platform, which is one of the most popular forex trading platforms available. The company has won numerous awards over the years, including the “Best MT4 Broker” award from World Finance in 2013.
Fees and Commissions
Vantage FX offers competitive fees and commissions. There is no commission on trades, but there is a small fee for withdrawals. The minimum deposit is $200, and the minimum trade size is 0.01 lots. The spreads are variable and start at 0.0 pips.
Platforms and Tools
Vantage FX offers the MetaTrader 4 platform, which is one of the most popular and user-friendly forex trading platforms available. The platform is available for both desktop and mobile devices. In addition, Vantage FX offers a range of tools and resources to help you trade effectively, including market analysis, economic calendar, and more.
Customer Service
Vantage FX offers excellent customer service. The company has a dedicated support team that is available 24/5. You can contact customer service by phone, email, or live chat. In addition, Vantage FX has a comprehensive FAQ section on its website that can answer many of your questions.
There’s also one more market dealer named by Legacyfx review that we’ll look into.
Legacyfx Review
LegacyFX is a provider of online foreign exchange trading services. The company is headquartered in Malta and is authorized and regulated by the Malta Financial Services Authority (MFSA). LegacyFX was founded in 2015 and has since grown to become one of the leading forex brokers in the industry.
When it comes to the trading platforms offered by LegacyFX, the broker provides its clients with the popular MetaTrader 4 platform as well as the LegacyFX Webtrader platform. Both of these platforms are available for use on desktops, laptops, smartphones, and tablets.
In terms of account types, LegacyFX offers three different account types to choose from.
- The Standard account requires a minimum deposit of $500 and gives clients access to spreads from 3 pips, leverage of up to 1:200, and a maximum trade size of 100 lots.
- The Premium account requires a minimum deposit of $10,000 and gives clients access to spreads from 2 pips, leverage of up to 1:400, and a maximum trade size of 200 lots.
- The VIP account requires a minimum deposit of $50,000 and gives clients access to spreads from 1 pip, leverage of up to 1:500, and a maximum trade size of 500 lots.
When it comes to the fees charged by LegacyFX, the broker does not charge any commissions on trades. However, there is a small fee of $5 per lot for each trade that is placed. We hope in this Legacyfx Review it is clear that they are a good forex broker.
We have looked into two different Forex brokers, each with its unique benefits.
Conclusion
Both Vantage FX and LegacyFX are excellent choices for forex brokers. They both offer competitive fees, a variety of account types to choose from, and a range of tools and resources. If you are looking for a broker that can provide you with everything you need to trade effectively, then either of these brokers would be a good choice.
