VANTAGE FX RATING
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VantageFx Rating Summary
The sum of each Main Factor of VantageFx Rating Analysis (1, 2, 3, 4)
RATING SUMMARY | |||
MAX | ACHIEVED | (%) | |
1. Safety of Funds | 26.00% | 16.19% | 62.28% |
2. VantageFx Cost of Transaction | 28.00% | 21.50% | 76.79% |
3. VantageFx Trading-Options | 26.00% | 21.00% | 80.77% |
4. VantageFx Technological Efficiency | 20.00% | 15.50% | 77.50% |
Overall Rating | 100.00% | 74.19% |
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VantageFx Rating Analysis
Analysis of each Sub-Factor forming VantageFx total rating result.
RATING ANALYSIS VANTAGE FX | ||||
TOTAL RATING | 100.0% | Vantage FX Broker | ||
Weight Analysis | Factor Analysis | 74.19% | ANALYSIS | |
1. SAFETY OF FUNDS at VANTAGE FX | 26.00% | RATING WEIGHT | 16.19% | Vantage FX Credibility Analysis |
1.1 Vantage FX Level of Regulation | 12.00% | FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% | 4.00% | Vantage FX is regulated by ASIC (ACN 140 903 886) = 4.0%, Total = 4.0% |
1.2 Vantage FX Headquarters Base | 5.00% | General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% | 4.00% | Vantage FX is based in Australia = 4.0% |
1.3 Vantage FX Years in the Market | 5.00% | 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % | 5.00% | Vantage FX was found in 2006 (10+ years) = 5.0% |
1.4 Vantage FX Segregated / Bank Accounts | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Vantage FX provides Client Accounts Segregation via National Australia Bank (NAB) = 2.0% |
1.5 Vantage FX Web Ratings (Usage for differentiating results) | 2.00% | ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % | 1.19% | Tallinex ForexPeaceArmy = 3.018 / 5.00 | EarnForex= 5.9 /10 | Total= 5.968 / 10.0 = Rating 1.1936% |
1.6 (+) ADJUSTMENTS | ||||
1.6.1 Size Factor | 1.00% | More than 1 Million Active Traders = +1.0 % | 0.00% | Criteria not met = 0% Rating |
2. TRADING COST at VANTAGE FX | 28.00% | RATING WEIGHT | 21.50% | Vantage FX Competition Analysis |
2.1 Vantage FX Typical Spread on EURUSD | 8.00% | < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 6.50% | Typical EURUSD spread is 0.6 pip = 6.5% |
2.2 Vantage FX Typical Spread on GBPUSD | 5.00% | < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 4.00% | Typical GBPUSD spread is 1.2 pips = 4.0% |
2.3 Vantage FX Typical Spread on USDJPY | 4.00% | < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 4.00% | Typical USDJPY spread is 0.4 pip = 4.0% |
2.4 Vantage FX Trading Commissions | 7.00% | No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% | 1.00% | $6 round trip ($3.00 per lot ) on Raw ECN account type = 1.0% |
2.5 Vantage FX Deposit / Withdrawal Commissions | 2.00% | No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % | 2.00% | No withdrawal Commissions charged by Vantage FX = 2.0% |
2.6 Vantage FX Maintenance and Inactive Fees | 2.00% | No = 2.0 %, | Yes = 0 % | 2.00% | No Inactive Fees or similar Commissions charged by Vantage FX = 2.0% |
2.7 (+) ADJUSTMENTS | ||||
2.7.1 Vantage FX Execution | 2.00% | ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% | 2.00% | ECN / STP Forex Orders Execution = +2% |
3. TRADING OPTIONS at VANTAGE FX | 26.00% | RATING WEIGHT | 21.00% | Vantage FX Trading Analysis |
3.1 Vantage FX Forex Asset Index | 8.00% | 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% | 7.00% | Vantage FX offers 40 Forex Currencies = 4.0% |
3.2 Vantage FX CFD and Spot Trading | 2.00% | CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% | 2.00% | Vantage FX offer 6 Indices, Crude Oil and 7 Precious Metals (EUR/USD) = 2.0% |
3.3 Vantage FX Demo / Practice Account | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Demo accounts (MT4 and WebTraders) are available at Vantage FX = 2.0% |
3.4 Leverage at Vantage FX | 2.00% | >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% | 2.00% | 500:1 max Trading Leverage when trading with VantageFX = 2.0% |
3.5 Vantage FX Bonus & Rebate | 6.00% | 2.00% | ||
3.5.1 Vantage FX Bonus (%) | Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% | 0.00% | No Welcome Bonus by Vantage FX = 0% | |
3.5.2 Vantage FX Rebate (%) | Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% | 2.00% | About $1.5 USD ($2.00 AUD) per standard lot – paid into trader's MT4 account. That means about 10% of the total trading cost = Rating 2.0% | |
3.6 Vantage FX Minimum Deposit | 1.00% | Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% | 1.00% | Minimum Deposit is $100 = 1.0% |
3.7 Vantage FX Fund / Deposit Methods | 2.50% | For each deposit method available = 0,5%, max = 5 methods | 2.50% | 5 fund methods by Vantage FX (Cards, Wire, Skrill, Neteller, Bpay Australia) = 2.5% |
3.8 Vantage FX Fund / Withdrawal Methods | 2.50% | For each withdrawal method available = 0,5%, max = 5 methods | 2.50% | 5 fund methods by Vantage FX (Cards, Wire, Skrill, Neteller, Bpay Australia) = 2.5% |
3.9 (+) ADJUSTMENTS | ||||
3.9.1 Offering 100+ Currency Pairs | 1.00% | Yes = 1.0 % / No = 0 % | 0.00% | 40 Forex Currencies = +0% |
3.9.2 Interest on Funds | 0.50% | Yes = 0.50 %, No = 0.0 % | 0.00% | No interest on client funds by Vantage FX = +0% |
3.9.3 Vantage FX Competitions / Championships | 0.25% | Yes = 0.25 % / No = 0 % | 0.00% | No Account Competitions at the moment of this review = +0.00% |
4. VANTAGE FX TECHNOLOGICAL EFFICIENCY | 20.00% | RATING WEIGHT | 15.50% | Vantage FX Technology |
4.1 Vantage FX Available Platforms | 5.00% | Each Supported Platform = 1.0%, max = 5 platforms | 2.00% | Vantage FX offers WebTrader and MT4 Platform = 2.0% |
4.2 Vantage FX Slippage | 4.00% | Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% | 2.00% | Below 1.5 pips = 2.0% |
4.3 Vantage FX Automated Trading | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, Vantage FX fully allows Expert Advisors = 2.0% |
4.4 Vantage FX MT4 / MT5 Availability | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | MT4 and MT4 PAMM platforms are available when trading with Vantage FX = 2.0% |
4.5 Vantage FX Mobile Trading | 2.00% | Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices | 2.00% | MT4 App for iPhone, iPad, Android, and Android Tablet = 2.0% |
4.6 Vantage FX Scalping / Hedging Policy | 1.00% | Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % | 1.00% | Yes to both = 1.0% |
4.7 Vantage FX Customer Service | 4.00% | 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % | 4.00% | 24/5 Customer service = 0%, eMail, Phone, Live Chat, Skype = 4.0% |
4.8 (+) ADJUSTMENTS | ||||
4.8.1 Vantage FX PAMM / Managed Accounts | 0.50% | PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % | 0.50% | Yes, PAMM / MAM accounts are available yet = +0.5% |
4.8.2 Vantage FX API Trading | 0.50% | Yes = 0.5 % / No = 0 % | 0.00% | No, API trading is not available at Vantage FX by the time of this rating = 0.0% |
VantageFx Special Metrics
These are the special metrics for VantageFx according to the three categories of trading experience. The rating results are based on the different weights of the same formula.
SPECIAL METRICS | ||
Based on Separated Sub-Formulas | RATING (100%) | |
VantageFx Overall Rating | 74.19% | |
Forex Beginners | 72.63% | |
Advanced Traders | 73.80% | |
Pro Traders | 75.76% |
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