When it comes to deciding which broker to open a trading account with, Australian traders want to know one thing and one thing only: Who is the best forex broker in Australia?
In short, there are three major categories that the best forex broker has to rank in, and we take a look at how Vantage FX fares in each below:
Australian ASIC Regulation
Australian forex traders crave the security of an ASIC regulated forex broker. When it comes to choosing the best forex broker in Australia, if they don’t have ASIC regulation then they aren’t even worth mentioning.
Priding themselves on their reputation as a transparent forex broker, Vantage FX are fully regulated by the Australian Securities and Investment Commission (ASIC). With their flagship office setup in Sydney, Australia, their RAW ECN and Standard STP accounts offer their clients a truly institutional trading experience free from spread markups or market maker conflicts of interest.
As part of their ASIC regulatory requirements, Vantage FX must hold clients’ funds in a segregated account. This is to ensure that the broker cannot be running any sort of ponzi-scheme in which they use client funds to keep their brokerage afloat. As part of this segregation, clients’ funds are held with Australia’s AA rated National Australia Bank (NAB). If you’re not familiar with NAB, they are one of Australia’s Big 4 banks.
Vantage FX are a safe, secure, regulated option for traders deciding on the best forex broker.
RAW ECN Forex Spreads and Low Commissions (The Best Forex Broker Offering in Australia!)
If you’re an Australian forex trader then only the tightest spreads and lowest ECN commissions will do. Two points that Vantage FX rank as the best forex broker for!
Vantage FX offers direct market access to the highly liquid Forex market, partnering with prime liquidity providers who are able to guarantee the most transparent and accurate fills for your Forex market orders. By streaming institutional grade liquidity from the world’s largest institutions direct to your RAW ECN forex trading account, Vantage FX can offer their clients the most cost-effective forex trading solution in Australia.
When it comes to ECN commissions, Vantage FX are clearly the best forex broker in Australia. Their $3.00 commissions are by far the lowest in the country and are available to all clients trading forex on a RAW ECN account.
It is their spreads and commissions that really puts Vantage FX head and shoulders above the competition when it comes to who is the best forex broker in Australia.
The MT4 Platform
The MetaTrader 4 platform (MT4) is unrivaled in Australia when it comes to selecting a platform to trade on. Your Australian forex broker simply must offer MT4 or it will fail long term.
Vantage FX offers their clients not only the desktop version of MT4, but the full MetaQuotes solution. Clients will experience faster Forex trading due to Vantage’s position as a technological leader within the forex broker industry. Connecting their platform to deep liquidity pools and running strategically placed servers in both NY and London, execution via MT4 is noticably faster at Vantage FX.
If you are looking to learn the basics of both forex trading and MT4 then a trading account with the best forex broker in Australia is for you. Get to know the most popular platform and experience world class trading conditions when you connect it to Vantage FX’s data feed. Simply navigate to the open account buttons on the right hand side of this page and fill out the simple one page form.
Vantage FX’s MT4 platform and data feed connection puts them not only at the top of the best Australian forex brokers, but also globally.
Open an account with Vantage FX TODAY!
Source: Vantage FX Blog