Q: What is VantageFX?
A: VantageFX is an Australian-based online forex and CFD trading platform. It offers a range of financial instruments for trading, including forex, indices, shares, commodities and cryptocurrencies.
Q: Is VantageFX a regulated broker?
A: Yes, VantageFX is regulated by the Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA).
Q: What trading platforms does VantageFX offer?
A: VantageFX offers two main trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available on desktop, web browser and mobile devices.
Q: What financial instruments can I trade on VantageFX?
A: VantageFX offers trading in over 300 financial instruments, including forex, indices, shares, commodities and cryptocurrencies.
Q: What types of accounts does VantageFX offer?
A: VantageFX offers two types of trading accounts – Standard STP and Raw ECN. The Standard STP account charges a markup on spreads and the Raw ECN account charges a commission on trades.
Q: What is the deposit and withdrawal process at VantageFX?
A: VantageFX supports a range of deposit and withdrawal methods, including bank transfer, credit card, Skrill, Neteller and FasaPay. Deposits are usually processed instantly, while withdrawals may take up to 3-5 business days to process.
Q: Does VantageFX offer demo accounts?
A: Yes, VantageFX offers free demo accounts for traders to practice their strategies and test the platform.
Q: What customer support does VantageFX offer?
A: VantageFX offers customer support through live chat, email and phone, 24/5.
Q: Are there any fees or commissions charged by VantageFX?
A: VantageFX charges a spread markup or commission on trades, depending on the type of account chosen. Other fees may apply, such as withdrawal fees or inactivity fees.
Q: Can I use VantageFX as a beginner trader?
A: Yes, VantageFX caters to both beginner and experienced traders with its user-friendly platform and educational resources. However, it is important to understand the risks involved in forex and CFD trading before beginning.
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In accordance with the requirements set by the European Securities and Markets Authority (ESMA), trading with binary and digital options is only available to customers categorized as professional clients.
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