So, are you trading with, or thinking of trading with Vantage FX?
Excellent! The best place you can get a full lowdown is through reading our Vantage FX review.
From that, you will note that Vantage FX is a very well-regulated broker. The Vantage FX ASIC regulation is very important in particular for Australian-based traders. That is exactly what we will look at here in more detail.
Let’s take a closer look.
Table of contents
Is Vantage FX an ASIC Broker?
Yes. Vantage FX is an ASIC-regulated broker with the number 140 903 886. They obtained this regulation on 2/12/2009 and have been ASIC-regulated ever since. Of course, ASIC is one of the foremost and respected regulators in this industry.
In 2021, there have been several big changes in ASIC regulation of brokers which actually further protect you as a retail trader. That is what we will look more closely at here.
|Is Vantage FX ASIC Regulated?||Yes|
|Number of registration||140 903 886|
|Year of registration||2009|
|Broker’s Business Name||Vantage FX PTY LTD|
For more information on the broker’s regulatory environment and the protections, as well as the limitations in place for Australian customers, you can always visit the Vantage FX website (74-89% of retail CFD accounts lose money).
Vantage FX ASIC: How did Leverage and Features Change since 2021?
As mentioned, there have been some substantial changes with ASIC regulation in 2021. This includes the Vantage FX maximum leverage which is now 1:30 whereas before this was 1:400 for retail traders.
Negative balance protection is also now mandatory, while the use of segregated accounts has been retained. Forex trading bonuses like deposit bonuses and the like, are now also banned within Australia under ASIC.
The best way you can get fully acquainted with the changes is by opening a demo account with Vantage FX (74-89% of retail CFD accounts lose money).
|Features||Vantage FX ASIC Regulation Now||Vantage FX ASIC Regulation Before|
|Segregated Bank Accounts||Yes||Yes|
|Maximum Leverage on Forex||1:30 (retail)||1:400|
|Negative Balance Protection||Yes||Yes|
Here’s how to double-check the Vantage FX ASIC license
You can also double-check the Vantage FX regulatory status by yourself. Simply take the business name of the broker, Vantage FX PTY LTD which can be found on their website footer, over to the ASIC webpage. From here you will check the ASIC Companies Register. Selecting the right business name should generate regulatory information as you see below.
About the Author
Always full of different interests, Luca started to get interested in the field of personal finance in 2014.
His self-taught studies led him year by year to become increasingly interested in the investment field.
To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.
His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.
In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.