Vantage FX Introduces Pro Account for Eligible Australian Traders

Fazzaco learned that Vantage FX, an ASIC-licensed Forex and CFD broker, has rolled out Vantage FX Pro, an innovative new trading account, for eligible Australian traders.

The introduction of Vantage FX Pro comes shortly after ASIC's official announcement regarding new rules for CFD trading​ on 29 March, 2021, requiring all retail traders to adhere to strict new restrictions limiting them to just 30:1 leverage trading the major currency pairs and 20:1 trading gold.

The Vantage FX Pro is expected to provide more flexible leverage limits and access to greater execution speeds to clients. 

Leverage ratio limits for CFDs (Pro Account)

​• up to 500:1 on major currency pairs

• up to 500:1 on minor currency pairs, gold

• up to 100:1 on commodities other than gold

• up to 200:1 on major and minor stock market indices

• up to 20:1 on shares

It is noted that client money is helded by Vantage FX in segregated trust accounts held with the AA rated National Australia Bank (NAB). Pro account holders will also be eligible for future broker offers.