Vantage FX Now Has $0 Brokerage on Global Stocks, here’s what you need to knowThis exactly is what it is when you decide to throw the brokerage pricing open. Here is all that you need to know about the new brokerage price of Australia’s leading trading platform.
Vantage FX has announced a $0 commission on share CFDs for all Australian clients. Other brokers like CMC, IG, and IC Markets have attempted similar promos in the past few months, but what has made this offer by Vantage FX stand out?
Considered as Australia’s leading trading platform, Vantage FX, an ASIC-licenced and globally regulated broker, is now ready to ignite the brokerage pricing war up after it announced a $0 commission on share CFDs for all Australian clients which will run for a span of three weeks. You can learn more about this offer here.
While this offer is for a limited time, though, as the broker will be hosting a 3-week long promotional period with new promotions every fortnight, traders on the platform can now trade long or short on many Australian, US, UK, and EU shares CFDs at $0 commission.
How Does Vantage FX Compare?
Commission-free trades do not always mean that trading is completely free on the platform. It’s still a great benefit to not have to pay any commissions on trades.
Vantage FX charges a lower currency exchange fee when you trade or transfer money with your account. Compared to IG’s 0.70% charges on every global trade, Vantage FX seems the better and cheaper option for traders.
Not to mention, Vantage FX has one of the lowest commission charges when you buy or sell shares. It requires only a minimum deposit of $200 and offers a leverage of up to 20:1 on Share CFDs.
This is how Vantage FX compares with other brokers once the zero-commission promotion is over:
|Broker||Markets||ASX brokerage fee|
|Vantage FX||Australia, US, UK, EU||$6 – $10 AUD depending on trade frequency|
|GO Markets||US, UK, Germany, Ireland||Starting from $7 AUD depending on trade size|
|CMC||US, UK, Canada, Japan||$9.90 – $11 AUD depending on trade size|
|IC Markets||US, Australia||Starting from $7 AUD depending on trade size|
What about monthly fees?
Vantage FX has zero monthly fees and inactivity fees.
Check out how the others compare below for monthly fees:
IG: $18 fee on the first of every month if no trading activity has occurred for two years or more.
Plus500: $10 per month inactivity fee (should you not log in to your trading account for at least three months.)
CMC: £10 per month inactivity fee.
With this latest promotion of zero commission on Aussie, US, UK and EU shares, Vantage FX is a reliable and proven option to traders. Offering competitive trading conditions for trades in share CFDs, various currency pairs, indices and other CFDs, the broker is highly recommended to make trading easier and more rewarding.
To get more information about this limited time promotion, or to find out more about Vantage FX, visit the website today.