Sydney – July 7, 2017
Following a decision from company management, Vantage FX has ceased offering binary options trading to our clients effective immediately.
Given recent global regulatory tightening and ever increasing hostile media views around binary options, the negatives now far outweigh the positives for Vantage FX.
Vantage FX has always aimed to focus on transparency and with this in mind, a synthetic market like binary options was never a good fit.
David Bily – Director of Sales and Marketing, Vantage FX:
“We always used binary options as a no-fuss market that new traders would start learning through and then transition to forex as they grew.”
In order to maintain transparency as an ECN forex broker, Vantage FX will now turn our full focus to forex, commodities and indices trading on MT4″
Vantage FX is encouraging all current binary options traders to seamlessly transition to MT4 and experience transparent trading under ECN conditions.
If you do decide to make the switch to MT4, simply log into our secure client portal, download the MT4 platform and log in using your current account details.
We are here to assist you 24 hours a day, 5 days a week, if you have any questions or require assistance with the above please do not hesitate to contact us using the details listed below.
For more information
Contact: David Bily
Phone: +61 1300 945 517
About Vantage FX
Vantage FX are a multi-award winning Australian Forex Broker providing innovative online Forex trading capabilities to clients globally. Vantage FX continually strives to provide a client-friendly, interactive Forex experience with trading accessibility across a variety of platforms all with the tightest spreads. Vantage FX was the first to offer combined Binary Options and Forex Trading on the one MT4 platform. Vantage FX is an authorised representative of Vantage Global Prime Pty Ltd (AFSL 428901) and regulated by Australian Securities and Investments Commission (ASIC).
Source: Vantage FX Blog