VantageFX Launches Regulated Binary Trading Product

BinaryOptionsNow | Published on December 12, 2012 at 1:41 am

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BinaryOptionsNow – Popular Australian forex broker VantageFX announced recently that it decided to offer binary options trading solutions as well. The new binary options trading services offered by the broker will be available on the popular MetaTrader 4 and MetaTrader 5 online trading platforms.

Usability and Features

As explained above, the new binary options services offered by VantageFX will be available on the MetaTrader 4 and 5 trading platforms. This way current and new VantageFX customers will not be obliged to set up separate accounts for forex and binary options trading. Both trading modes are possible using one account and one platform.

The MetaTrader platforms are some of the best and most popular online trading platforms in the industry. They are extremely easy to use and offer traders a clear overview over the actions they are able to perform and options they are able to choose.

New traders have the opportunity to set up a demo account that will be valid for a period of 30 days. The demo account will allow traders to evaluate every single aspect of the platform as well as the binary options trading services provided by VantageFX.

Available Options and Assets

The new binary options trading mode allows traders to choose between High/Low, One Touch, Boundary and 60 Seconds options. This means that VantageFX offers more services and options types than most binary options brokers on the market.

Traders will have the opportunity to trade on forex options, indices, stocks and commodities. Each category is filled with many choices that greatly exceed the asset list of most other brokers on the market. Traders are also able to choose between various expiry times ranging from 60 seconds to several hours.

Regulation

VantageFX is regulated by the Australian Securities and Investments Commission (ASIC) under Australian law. This means that the broker had to pass a series of strict tests regarding safety of trader assets and accuracy of services provided.

The license awarded by the Australian Securities and Investments Commission legally permits the company to offer forex and binary options trading services to Australian clients. The Australian license however also offers a layer of security to non-Australian traders. However, the broker does not accept US clients.

Deposits and Withdrawals

Depositing money at VantageFX is very easy and can be done using payment processors such as Visa, MasterCard, Bpay and more. Traders also have the opportunity to deposit money using regular bank transfer. At this moment the broker accepts bank transfers from more than 50 countries worldwide.

The simplest way to withdraw money from Vantage FX is through bank transfer. VantageFX itself does not charge any fees on withdrawals but international traders should be aware that intermediary payment processors might charge fees that are beyond the control of the broker.

Customer Support

VantageFX can be contacted using either telephone or email. International traders are also able to call the support department of the company. Besides Australia, the company has an office in the United Kingdom as well. International, especially European traders are recommended to contact VantageFX’s UK support team instead of its Australian support team, mainly for time zone related reasons.

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