Changes to our PDS

   

In the light of ASIC Corporations (Product Intervention Order—Contracts for Difference) Instrument 2020/986, we have made some changes to our Product Disclosure Statement (“PDS”), Financial Services Guide (“FSG”) and Account Terms and Conditions which have taken effect from the 28th of March, 2021.

The notable changes have been summarised below for your ease of reference:

Leverage and Margin restrictions – All the open positions in your trading account will have the new leverage and margin rates applied. The following CFD leverage restrictions offered to retail clients have been adjusted to a maximum of:

• 30:1 for major currency pair CFDs

• 20:1 for minor currency pair, gold or major stock index CFDs

• 10:1 for commodity (excluding gold) CFDs

• 5:1 for share CFDs

Negative Balance Protection – Vantage Global Prime Pty Ltd trading account holders will have negative balance protection applied, meaning that your account’s negative balance will be offset. This will limit a retail account holder’s loss to the value of the account’s equity. 

By continuing to use our products and services from the above date, you will be accepting these changes. Please ensure that you have carefully read and understand all the legal documents provided to our retail clients here. The updated documents are:

Vantage Global Prime Margin FX and CFD_PDS (Retail clients only)

Vantage Global Prime Terms and Conditions (Retail clients only)

Vantage Global Prime Financial Services Guide (FSG) (Retail clients only)

Vantage FX Pty Ltd Financial Services Guide (FSG) (Retail clients only)

Should you have any questions surrounding the updated legal documentations, please do not hesitate to contact your account manager or [email protected].

Kind regards,

Vantage FX

Fast Account Opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods.

  • Trade

    Access 300+ instruments across all asset classes on MT4 / MT5

open live account