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Vantage FX Review Scores

Overall score: 3.8 / 5

Total votes: 106
Customer service
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Vantage FX Discussion

Apr 29 2012 at 06:22
3 posts
I have had slippage trying to trade news using oco orders before the release. Free vps and myfx licence. Also auto chartist link, I think their spreds are great. My opinion is that they are an excellent broker , I just don't trade news on this account.

adryfx (adryfx)
Dec 22 2012 at 12:44
107 posts
Vantage and Gomarketaus and Pepperstone are all in Australia, which one is better ?

Manage your risk and DD well and your account will grow.
Jan 16 2013 at 16:15
1 posts
i've trrade on vantage aus. the speed execution is very good. i satisfied with this. i also never get requote even on news. scapling system suitable for this broker. ii recomend you to try this broker,there is no different betwen demo an live account. all same good speed execution

my trading style my passion
sudip02 (sudip02)
Jan 28 2013 at 15:43
16 posts
I left for their slowest withdrawal processing...

incometrader (incometrader)
Feb 01 2013 at 07:17
157 posts
I've traded with them for about 8 months now. I think for an Australian based non commission broker their spreads are fairly good, better then GO Markets on most pairs from memory. Execution speeds can be a bit slow at times. Support seems a little unprofessional, I often have to remind them to credit my account for any promotions - not that I'm too worried. Withdrawals are usually next day - they use NAB. VPS is good - the cost of $49 pm is refunded to you if you trade 10+ lots a month, they've changed VPS providers three times since I've been with them which was a big pain since I'm running several EAs. I would look at changing brokers if it wasn't such a hassle, but I haven't found another Australian based broker worthy enough for the trouble.

incometrader (incometrader)
Mar 21 2013 at 02:02
157 posts
I've never had any problem withdrawing funds - profit or not.

Mar 21 2013 at 07:28
81 posts
incometrader posted:
I've never had any problem withdrawing funds - profit or not.

u dont trust me?
u can face problem anytime.

when thet will block ur account and send u mail of suspension, then u will remember me.
there r a lot of broker. u can go for any good broker.

but forget vantagefx.

Mar 21 2013 at 11:17
14 posts

What happened to the reply you got from Vantage fx you post on here. Looks like someone deleted the comments. I too received the same email from Vantage fx regarding account suspension. please see the below email:-

We are writing to you to inform you of the action Vantage FX has today taken in respect of your account ******.

Following a request from our liquidity provider, Vantage FX have today suspended your account pending further investigation into suspicious trading and in particular usage of internet and connectivity delays in order to take advantage of arbitrage on the Trading Systems. The suspension is in accordance with Clause 20.5, of Vantage FX’s terms and conditions duly accepted by you prior to opening your account. Please click here to view full terms and conditions.

Until completion of the investigation, no further trades on your account will be allowed and no further withdrawals can be made. It is envisaged the investigation will be completed within 90 days. Once completed we will write to you further outlining the results of our investigation.

If you have any current open positions on your account and wish to trade, please contact us on +44 207 332 4954.

If in the meantime you have any other queries please do not hesitate to contact us.

Kind regards,
Trade Support
Forex & Commodities | Vantage FX

Mar 21 2013 at 11:17
14 posts
The above email was yesterday 20th of March vanatage fx. I receive another email today 21st of March 2013 please the below email:-

Dear Client,

At Vantage FX we pride ourselves on our customer focus and as part of our on-going review to ensure clients are protected and treated fairly, we have made some keys changes to clause 24 of our terms and conditions.

This clause relates to our Risk Warning concerning trading Forex. We have changed the margin stop out level to 50% i.e. the percentage of your equity balance to margin required for open trades. This is a safety mechanism put in place to attempt to stop your account from falling into a negative balance. However, we do not guarantee that your account will not fall into a negative balance, particularly in adverse market conditions.

For our full terms and conditions please click here: Vantage FX UK Client Agreement. The new terms and conditions will be effective when the platform opens at 9:00pm GMT on Sunday 24 March, 2013.

We are here to assist you 24/5, so if you have any questions on the above, or would require any further information, please do not hesitate to contact us on +207 332 4954, or simply reply to this email.

Best Regards,
The Vantage FX Team

Looks like Vantage FX proffits must be down hence why they are suspending peoples accounts, increasing Margins etc.......

Mar 25 2013 at 21:58
81 posts
hi, same thing of profit canceling happened with me in axitrader, vantagefx and thinkforex.
the common thing in all these 4 brokers that these r from so called australia.

now i will never use any australian forex broker. and i want to tell every trader that please avoid every australian broker
and tell and spread the message everywhere that that every australian broker is fraud and cheater.
they wasted my time and money.

i never used any arbitrage ea. i used simple ea which can make profit.
and after few months i got mail that they suspended my account and they will cancel all profit.
there r many broker so why u r still using these cheaters australian broker who can cancel ur all profit any time.

choose any broker but never choose any australian broker.
they will not only cancel ur profit but also dint give u withdraw of ur deposited fund for 90 days.

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