Welcome to Vantage FX Journal
Journal status: live
Vantage FX actively participating | not yet
Vantage FX profile
- Website: http://www.vantagefx.com
- Year founded: 2009
- Headquarters: Cayman Islands
- Dealing type: STP, DMA, ECN pricing
- Minimum deposit (STP account): $ 200
- Minimum deposit (ECN account): $ 500
- Full listing profile: Vantage FX broker profile
Is Vantage FX safe?
- Investor protection: ...
- Regulation: CIMA Cayman Islands, ASIC Australia, FCA UK
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is Vantage FX trusted?
- Information transparency: limited
- Customer service: prompt, helpful
- Vantage FX website: highly detailed, updated
- Vantage FX popularity (by visitor count): average
How Vantage FX works
You’ll have the opportunity to trade Forex on institutional grade liquidity direct from the world’s largest banks and institutions with no spread mark-up, just a small $3.00 commission [per side].
Vantage FX guarantees that all Forex traders using the Vantage FX RAW ECN account are trading on the real Interbank Forex market. This ensures that Vantage FX is never the counterparty to your trade, avoiding any exposure to conflicts of interest.
Your order will be created on VIG’s MT4 trading platform. Those orders will be immediately transmitted through to our various liquidity providers utilising our straight through processing technology.
4. Execution Venues
VIG receives price feeds from liquidity providers...VIG has elected to appoint various liquidity providers/execution venues to whom all orders will be transmitted for execution. They are also our technology providers. VIG has identified those venues on which VIG will most regularly seek to transmit your orders...One of our liquidity providers has common shareholdings with VIG, which has been identified to be a conflict of interest, however this conflict is carefully managed by VIG through its best execution policy.
VIG does NOT receive ‘Payment for Order Flow’, meaning that we do not receive commission or fees for arranging transactions with market makers, thereby ensuring that there is no conflict created by fees in our execution arrangements.
10. Conflicts of Interest
VIG recognises that conflicts may exist between the interests of VIG and its clients. The platform on which orders are transmitted will display the best available price from one of our chosen liquidity providers that we have determined (based on a number of execution factors) to be suitable for certain market orders.
Default Event ...wilful misconduct, (including commission churning, sniping, causing or contributing to or benefiting from a Quoting Error, moving the price of an underlying asset, scalping, arbitraging off-market pricing);
Mark to Market means the daily revaluation of an OTC derivatives contract entered into between VGP and the Client to reflect its current market value rather than its original contract value. VGP shall have the right, at its sole discretion, to determine the Mark to Market value on a daily basis.
17.2 VGP shall have the right, at our sole discretion, to determine the Mark to Market value from time to time.