All Share (J203) = 88 525
Rand / Dollar = 18.06
Rand / Pound = 23.48
Rand / Euro = 19.75
Gold (usd/oz) = 3 001.21
Platinum (usd/oz) = 1 000.43
Brent (usd/barrel) = 70.87
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Vantage FX Minimum Deposit

VantageFX - Minimum Deposit
 

The Vantage FX minimum deposit amount to open a real trading account is 200 US dollars. This minimum deposit is equivalent to R 3 200.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing. Deposit activation can take up to 72 hours.

 

Vantage FX at a Glance

 

Broker's NameVantage FX
📍 HeadquarteredGeorge Town, Cayman Islands/Australia
📅 Year Founded2009
⚖️ Regulating AuthoritiesCayman Islands Monetary
Authority (CIMA), Securities Investment Business Law (SIBL),
Australian Securities and
Investments Commission (ASIC)
🌐 Countries not accepted for tradeAfghanistan, Belarus, Burma, Burundi, British Columbia, (Canada), Central African Republic, Democratic Republic of the Congo, Egypt, Eritrea, Iran, Iraq, ISIL (Da’esh) & Al-Qaida, Lebanon, Japan, Libya, Mali, North Korea, Republic of Guinea, Republic of Guinea-Bissau, Russia, Crimea, Somalia, South Sudan, Sudan,
Syria, Tunisia, Ukraine, United States of America, Venezuela, Yemen, and Zimbabwe
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage500:1
💰 Minimum Deposit$200/R3 200 ZAR
💳 Deposit OptionsBank Wire, VISA, MasterCard, BPAY, FasaPay, MobilePay, Neteller, Poli, Skrill, Transfer from Existing Broker, UnionPay
💳 Withdrawal OptionsBank Wire, VISA, MasterCard,
FasaPay, Neteller, Skrill, UnionPay
💻 Platform TypesMT4, MT5
📱 OS CompatibilityPC, Mac, Android, iOS
📈 Tradable assets offeredCurrencies: (45+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum

CFD: (135+) Gold, Silver, Stock Indexes, Oil, Other Commodities
👨‍💼 Languages supported on WebsiteEnglish, French, German,
Italian, Spanish, Vietnamese,
Chinese, Arabic, Portuguese, Bahasa, and a few more
👥 Customer Support LanguagesSame as on website
📆 Customer Service Hours24 hours per day, 5 days of the week
📌Open an account👉 Click Here 👈

 

Min Deposit

USD 200

Regulators

CIMA, SIBL, ASIC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

38

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Vantage FX Minimum Deposit – 5 Key Point Overview

 

  1.  ✅Vantage FX Minimum Deposit
  2.  ✅Vantage FX Deposit fees and deposit methods
  3.  ✅Vantage FX – Step by step guide to depositing the minimum amount
  4. Vantage Fx Pros and Cons
  5. Frequently Asked Questions

 

Vantage FX Minimum Deposit

 

Vantage FX Minimum Deposit

Vantage FX has a minimum deposit requirement of:

  • Standard STP Account: $200/R3 200 ZAR
  • RAW ECN Account: $500/R8 000 ZAR
  • Pro ECN Account: $20 000/R400 000 ZAR

 

👉 This minimum deposit amount was estimated at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

👉 Vantage FX’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

Vantage FX Deposit fees and deposit methods

 

Vantage FX Minimum Deposit

👉 Vantage is a trademark of Vantage Global Limited. Vantage Global Limited is authorized and regulated by the VFSC under Section 4 of the Financial Dealers Licensing Act (Reg. No. 700271).

 

👉 Regulators require licensed financial services providers to meet strict capital requirements, as well as to follow and employ internal procedures including risk management, regular staff training, financial compliance, and strict auditing procedures.

 

👉 Compared to other brokers, the minimum deposit amount that Vantage FX requires when traders register a live account is reasonable.

 

👉 Vantage FX offers traders several payments or deposit methods that can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

 

Vantage FX accepts the following payment methods:

💳Method⏱ Processing Time💰 Fees📉 Available Currencies
Bank Wire2-5 business days$0/R 0 ZARAUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
VISAInstant $0/R 0 ZARAUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
MasterCardInstant $0/R 0 ZARAUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
BPAY1-2 business days$0/R 0 ZARAUD
FasaPayInstant$0/R 0 ZARUSD
MobilePayInstant$0/R 0 ZARUSD
NetellerInstantSubject to
Neteller fees
AUD, USD, GBP, EUR,SGD
PoliWithin 24 business hours$0/R 0 ZARAUD
SkrillWithin 24 business hours.Subject to
Skrill's fees
USD, EUR, GBP, CAD
Transfer from another Broker2-5 business daysSubject to bank transfer feesAUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
UnionPayInstant1.30% - 2.50%USD

 

💳 Vantage FX does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.

 

💳 USD is accepted as a deposit currency.

 

💳 Traders must ensure that they verify whether their financial institution charges its own fees.

 

Vantage FX – Step by step guide to depositing the minimum amount

 

👉 Traders can fund their accounts by sending the funds to one of the Vantage FX segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Guide: 

👉 Step 1: Log into the Vantage FX Client Portal.

 

log into the Vantage Client Portal to access the dashboard for depositing the minimum amount.

Vantage Minimum Deposit

 

👉 Step 2: Select Funds and Deposits.

 

Traders then can select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency.

Vantage FX Minimum Deposit

 

💳 Funds must be transferred in the same currency as the bank account to which they are sending it, preventing currency conversion fees from being charged.

 

 

Min Deposit

USD 200

Regulators

CIMA, SIBL, ASIC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

38

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Vantage Fx Pros and Cons

 

✔️ Pros❌ Cons
ASIC-Regulated in AustraliaNo added value for experienced traders
Launched Bitcoin as a CFDA small range of tradable instruments
Offers the ChartIQ platform
Provides indemnity insurance
Reasonable minimum deposit required
Several account funding methods

 

You might also like: Vantage FX Review

You might also like: Vantage FX Account Types Overview

You might also like: Vantage FX Demo Account – Step by Step

You might also like: Vantage FX Fees and Spreads

You might also like: Vantage FX Islamic Account Overview

You might also like: Vantage FX Sign up Bonus

 

Conclusion

 

Vantage FX offers three flexible account types that accommodate all styles of trading and these accounts can also be used as demo accounts or Islamic accounts. Vantage FX provides traders with competitive and comprehensive trading conditions, tailored to the needs of various traders despite their level of understanding and expertise.

 

Frequently Asked Questions

 

Does Vantage FX have a minimum deposit?

Yes, read more about Vantage FX minimum deposit here

 

What is the minimum deposit for VANTAGE FX?

$ 200.

 

How do you make a deposit and withdrawal with VANTAGE FX?

VANTAGE FX offers the following deposit and withdrawal methods:

  • BankWire
  • VISA
  • MasterCard
  • BPAY
  • FasaPay
  • MobilePay
  • Neteller
  • Poli
  • Skrill
  • Transfer from Existing Broker
  • UnionPay

 

The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account.

 

Does VANTAGE FX charge withdrawal fees?

Vantage FX does not charge any internal fees for deposits or withdrawals.

 

How long does it take to make a withdrawal?

Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available.

4.6/5 - (32 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 23, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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