https://www.vantagemarkets.com
Website
Benchmark
AAA
Average transaction speed (ms)
MT4/5
Full License
VantageInternational-Demo
Influence
AA
Influence index NO.1
Speed:A
Slippage:AAA
Cost:AAA
Disconnected:AA
Rollover:AAA
MT4/5 Identification
Full License
Influence
AA
Influence index NO.1
Single Core
1G
40G
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+1 (345) 7691640
+44 (0) 20 7043 5050
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VANTAGE GLOBAL PRIME PTY LTD
Vantage
Australia
Pyramid scheme complaint
Expose
Benchmark | AAA |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | $10,000 |
Minimum Spread | from 0.0 |
Products | 57 Currency pairs 26 Indices 51 ETFs 22 Commodities 800+ Share CFDs |
Currency | -- |
---|---|
Minimum Position | 0.01 |
Supported EA | |
Depositing Method | (12+) Neteller Skrill VISA |
Withdrawal Method | (20+) BTC PerfectMoney Neteller Skrill |
Commission | From $1.5 per lot per side |
Benchmark | AAA |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | $50 |
Minimum Spread | from 0.0 |
Products | 57 Currency pairs 26 Indices 51 ETFs 22 Commodities 800+ Share CFDs |
Currency | -- |
---|---|
Minimum Position | 0.01 |
Supported EA | |
Depositing Method | (12+) Neteller Skrill VISA |
Withdrawal Method | (20+) BTC PerfectMoney Neteller Skrill |
Commission | From $3.00 per lot per side |
Benchmark | AAA |
---|---|
Maximum Leverage | 1:500 |
Minimum Deposit | $50 |
Minimum Spread | from 1.0 |
Products | 57 Currency pairs 26 Indices 51 ETFs 22 Commodities 800+ Share CFDs |
Currency | -- |
---|---|
Minimum Position | 0.01 |
Supported EA | |
Depositing Method | (12+) Neteller Skrill VISA |
Withdrawal Method | (20+) BTC PerfectMoney Neteller Skrill |
Commission | $0 |
Capital
$(USD)
Stop Out
0.76%
Stop Out Symbol Distribution
6 months
Company Summary
Company profile
Vantage Review Summary in 10 Points | |
Founded | 2009 |
Headquarters | Sydney, Australia |
Regulation | ASIC, FCA |
Market Instruments | Forex, Indices, Precious Metals, Soft Commodities, Energy, ETFs, Share CFDs, Bonds |
Demo Account | Available |
Leverage | 500:1 |
EUR/USD Spread | From 1.0 pips |
Trading Platforms | MT4, MT5 |
Minimum deposit | $50 |
Customer Support | 24/7 live chat, phone, email |
Vantage is an online forex broker that offers trading services for individuals and institutions around the world. The company was founded in 2009 and is headquartered in Australia, with additional offices in the United Kingdom, Cayman Islands, and China. Vantage provides a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies, and offers multiple trading platforms, such as MetaTrader4 and5. The broker also provides a range of educational resources and customer support services to help traders of all levels make informed trading decisions.
Vantage offers a good selection of trading instruments, competitive spreads, and multiple trading platforms. The broker is also well-regulated and offers a high level of security for client funds.
On the downside, some traders have reported issues with order execution and withdrawals. Additionally, some trading platforms may not be available to all clients based on their country of residence.
Pros | Cons |
• Wide range of trading instruments | • Too many complaints about withdrawals from clients |
• Low minimum deposit requirement | • No Canada, China, Romania, Singapore, the United States clients allowed |
• User-friendly trading platforms | |
• Regulated by multiple top-tier authorities | |
• Negative balance protection for clients |
Note: This table is not exhaustive and there may be other pros and cons of Vantage depending on individual experiences and preferences.
There are many alternative brokers to Vantage depending on the specific needs and preferences of the trader. Some popular options include:
Admiral Markets: An online trading platform offering a range of financial instruments, including forex, stocks, and commodities.
AvaTrade: A regulated forex broker that provides trading services to clients worldwide, with a range of trading platforms and instruments available.
Plus500: An online trading platform that offers CFD trading on various financial instruments, including forex, cryptocurrencies, and stocks, with a user-friendly interface and competitive spreads.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Based on the available information, Vantage appears to be a reliable broker. It is regulated by top-tier authorities including ASIC and the FCA, offers negative balance protection, ensuring clients cannot lose more than their account balance. Vantage also has a range of trading platforms and tools, as well as competitive fees and spreads. However, there have been some negative reviews regarding customer service and the withdrawal process. Overall, it is important for individuals to conduct their own research and due diligence before deciding to use Vantage or any other broker.
Vantage provides a diverse range of trading instruments to cater to the different trading needs of its clients. It offers trading in major, minor, and exotic forex currency pairs, as well as popular indices, such as S&P 500, NASDAQ, and Dow Jones. In addition, Vantage also offers trading in precious metals, including gold and silver, soft commodities, such as coffee, sugar, and wheat, and energy products, including crude oil and natural gas. Clients can also trade Exchange Traded Funds (ETFs), share CFDs, and bonds. With this variety of instruments, traders can diversify their portfolio and capitalize on different market opportunities.
Vantage offers three tiered trading accounts to satisfy different traders trading needs. Standard STP account is for novice traders who want direct market access with no commissions applied. Raw and Pro ECN accounts are designed for experienced traders who pursue high liquidity and ultra-low spreads. To open a Standard STP or Raw ECN account, you need $50, while Pro ECN account is designed for traders with high volume, which requires an account opening amount of $10,000. It also offers unlimited demo accounts.
Vantage offers the maximum trading leverage of up to 500:1, a generous offering, ideal for professionals and scalpers. However, inexperienced traders are advised not to use such a high leverage level in case of heavy fund losses.
When it comes to the core part of the forex trading spread, it varies depending on the account type. The spread in the Standard STP account starts from 1.0 pips with no additional commissions. The spreads in the Raw and Pro ECN accounts start from 0.0 pips, but with additional commissions required, from $3 per lot per side and from $1.5 per lot per side respectively.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Vantage | 1.0 pips | $0 |
Admiral Markets | 0.5 pips | $0 |
AvaTrade | 0.9 pips | $0 |
Plus500 | 0.6 pips | $0 |
Please note that the spread and commission may vary depending on the account type and trading platform used.
Vantage offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful chart types and supports desktop, web, and mobile devices, etc. MT5 offers a full suite of trading needs, including forex, commodities, and indices, with all quotes from liquidity providers at your fingertips. MT5's two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want.
Overall, Vantage's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.
See the trading platform comparison table below:
Broker | Trading Platform |
Vantage | MetaTrader4, MetaTrader5 |
Admiral Markets | MetaTrader4, MetaTrader5, Admiral Markets Web Trader |
AvaTrade | MetaTrader4, AvaTradeGO, AvaOptions, DupliTrade |
Plus500 | Plus500 WebTrader, Plus500 Windows Trader |
Note: The table only includes some of the available trading platforms for each broker.
Vantage offers a range of trading tools to assist traders in making informed trading decisions. These tools include market news and analysis, an economic calendar, sentiment indicators, smart trader tools for the MT4 and MT5 platforms, a range of calculators, Forex VPS, TradingView, trading signals, PRO Trader Tools, and PRO Trader Tutorials. These tools provide traders with comprehensive market insights and analysis to help them identify profitable trading opportunities. Additionally, the PRO Trader Tools offer advanced features such as trade management, sentiment analysis, and correlation matrix, making it an attractive option for professional traders looking for sophisticated trading tools.
Vantage offers several flexible payment options, consisting of Domestic EFT, Domestic Express Transfer (Australia only), International EFT, credit/debit cards of Visa/MasterCard, JCB, China UnionPay, Neteller, Skrill, AstroPay, Broker-to-Broker Transfer, FasaPay, and Thailand Instant Bank Wire Transfer.
Before submitting a withdrawal request, please ensure that the requested amount is equal to or above the minimum required amount for each withdrawal method shown in the table below. Otherwise, you may need to top up your account balance to or above the suggested minimum before withdrawing.
The broker does not charge any internal fees for any deposits and withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party. These fees are not controlled by Vantage, and the user is responsible for the costs incurred.
AUD – Dollars, USD – United States Dollar, EUR – Euro, GBP – British Pound Sterling, NZD – New Zealand Dollar, SGD – Singapore Dollar, JPY – Japanese Yen, CAD – Canadian Dollar
Vantage | Most other | |
Minimum Deposit | $50 | $100 |
To withdraw funds, clients need to log in to their Vantage account and go to the “Withdrawal” section. From there, they can select the withdrawal method and follow the instructions provided. Withdrawal requests are typically processed within one business day, and the time it takes for the funds to reach the client's account depends on the withdrawal method used.
Vantage also charges an inactivity fee of $50 per quarter for accounts that have been inactive for 6 months or more. There are no deposit or withdrawal fees, but clients may incur charges from their payment provider.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
Vantage | Free | Free | $50 per quarter after 6 months of inactivity |
Admiral Markets | Free | Free for one withdrawal per month, fees for additional withdrawals apply | No |
AvaTrade | Free | Free for one withdrawal per month, fees for additional withdrawals apply | $50 per quarter after 3 months of inactivity |
Plus500 | Free | Free | $10 per quarter after 3 months of inactivity (up to $40) |
Note that the withdrawal fees for Vantage and Admiral Markets may vary depending on the withdrawal method chosen. It's important to check with each broker for the most up-to-date information on fees.
Vantage offers customer support 24/7 through various channels such as email, live chat, and phone. They also provide a comprehensive FAQ section on their website to answer common queries. Moreover, they are also some social media platforms, including Twitter, Facebook, Instagram, YouTube and LinkedIn.
Overall, their customer service is efficient and responsive, with quick response times and helpful support agents.
Pros | Cons |
• 24/7 customer support via live chat, email, and phone | • No dedicated account manager for all account types |
• Knowledgeable and helpful customer service representatives | |
• Fast response times to customer inquiries |
Note: These are general observations and experiences may vary depending on individual cases and circumstances.
Vantage provides educational resources to its clients to help them improve their trading skills and knowledge. These educational resources include articles, webinars, and guides that cover various topics such as trading strategies, technical analysis, fundamental analysis, risk management, and more. Vantage also offers a free demo account to clients to practice their trading skills in a risk-free environment. Additionally, Vantage provides market analysis and research to its clients to help them make informed trading decisions.
Overall, Vantage offers a wide range of trading instruments and platforms, with competitive spreads and no commission on trades, making it an attractive option for traders. The broker also provides various educational resources for traders, including webinars and tutorials. However, Vantage's customer service could be improved, as some traders have reported slow response times and have difficulty withdrawing funds. Despite these drawbacks, Vantage has established a strong reputation for reliability, with stringent regulations in place to protect client funds. Overall, Vantage is a choice for traders looking for a reputable broker with a wide range of trading tools and educational resources.
Q 1: | Is Vantage regulated? |
A 1: | Yes. It is regulated by ASIC & FCA. |
Q 2: | At Vantage, are there any regional restrictions for traders? |
A 2: | Yes. It does not offer our services to residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists. |
Q 3: | Does Vantage offer demo accounts? |
A 3: | Yes. It offers unlimited demo accounts. |
Q 4: | Does Vantage offer industry-standard MT4 & MT5? |
A 4: | Yes. It supports MT4 and MT5. |
Q 5: | What is the minimum deposit for Vantage? |
A 5: | The minimum initial deposit to open an account is $50. |
Q 6: | Is Vantage a good broker for beginners? |
A 6: | No. Vantage is not a good choice for beginners. It is regulated well and offers rich tradable instruments with competitive trading conditions on MT4 and MT5 platforms , though too many complaints from their clients saying that they are unable to withdraw. |
Vantage Review Summary | |
Founded | 2009 |
Headquarters | Sydney, Australia |
Regulation | ASIC, FCA, CIMA (Offshore), VFSC (Offshore) |
Market Instruments | 1,000+, forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, bonds |
Demo Account | ✅($100,000 virtual fund) |
Leverage | 1000:1 |
EUR/USD Spread | 0.2 pips |
Trading Platforms | Vantage App, MT5, MT4, TradingView, ProTrader |
Minimum Deposit | $50 |
Customer Support | 24/7 - live chat, contact form, phone, email, Help Center |
Regional Restrictions | Canada, China, Romania, Singapore, USA and to jurisdictions on the FATF and EU/UN sanctions lists |
Vantage is an online forex broker that offers trading services for individuals and institutions around the world. The company was founded in 2009 and is headquartered in Australia, with additional offices in the United Kingdom, Cayman Islands, and China. Vantage provides a variety of trading instruments, including forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, and bonds, and offers multiple trading platforms, such as MetaTrader4/5. Besides, the broker also provides rich and solid educational resources.
Pros | Cons |
• An extensive range of trading instruments | • Offshore CIMA and VFSC license |
• Low minimum deposit requirement | • No Canada, China, Romania, Singapore, the United States clients allowed |
• User-friendly trading platforms | |
• Regulated by multiple top-tier authorities | |
• Negative balance protection for clients | |
• Demo accounts | |
• Tight spreads | |
• 24/7 customer support |
Vantage operates under a strong regulatory frame and it has five entities regulated in different jurisdictions:
Regulated in | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
ASIC | VANTAGE GLOBAL PRIME PTY LTD | Market Making (MM) | 428901 | Regulated | |
FCA | Vantage Global Prime LLP | Straight Through Processing (STP) | 590299 | Regulated | |
CIMA | Vantage International Group Limited | Straight Through Processing (STP) | 1383491 | Offshore Regulated | |
FSCA | VANTAGE MARKETS (PTY) LTD | Financial Service Corporate | 51268 | Exceeded | |
VFSC | Vantage Global Limited | Retail Forex License | 700271 | Offshore Regulated |
Vantage provides access to 1,000+ CFDs on forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, and bonds. However, popular crypto trading is not supported.
Tradable Assets | Supported |
Forex | ✅ |
Indices | ✅ |
Precious Metals | ✅ |
Soft Commodities | ✅ |
Energy | ✅ |
ETFs | ✅ |
Share CFDs | ✅ |
Bonds | ✅ |
Cryptocurrency | ❌ |
Futures | ❌ |
Vantage has three different account options available tailored for various trading requirements: Standard (STP), Raw (ECN), and Pro (ECN). A deposit of $50 is sufficient to open either a Standard or Raw account. The Pro account has a significantly high minimum deposit starting from $10,000, targeting traders who engage in high-volume trading. There are a total of 8 different currencies that can be used in these accounts, including AUD, USD, GBP, EUR, SGB, CAD, NZD, JPY, HKD, and PLN.
Apart from these three types of accounts above, Swap-free accounts are also offered for traders with religous beliefs that prohit receiving or paying swaps.
Vantage offers the maximum trading leverage of up to 1000:1, a generous offering, ideal for professionals and scalpers. However, inexperienced traders are advised not to use such a high leverage level in case of heavy fund losses.
When it comes to the core part of the forex trading spread, it varies depending on the account type. The EUR/USD spread on the Standard STP account starts from 1.4 pips with no additional commissions. The EUR/USD spread on the Raw and Pro ECN accounts start from 0.0 pips, but with additional commissions required, from $3 per lot per side and from $1.5 per lot per side respectively.
When it comes to trading platform, Vantage provides multiple flexible trading platform choices, including Vantage App, MT5, MT4, TradingView, and ProTrader. It also supports copy trading and demo trading.
Trading Platforms | Supported |
Vantage App | ✔ |
MetaTrader 4 | ✔ |
MetaTrader 5 | ✔ |
Tradingview | ✔ |
ProTrader | ✔ |
cTrader | ❌ |
Copy Trading | ✔ |
Demo Trading | ✔ |
Vantage offers several flexible payment options, consisting of credit/debit card (Visa, MasterCard), Apple Pay/Google Pay, PayPal, Neteller, Skrill, Fasapay, Perfect Money, JCB, bitwallet, Sticpay, India UPI, Vietnam/Thailand/Malaysia Bank Transfer.
The broker does not charge any internal fees for any deposits and withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party. These fees are not controlled by Vantage, and the user is responsible for the costs incurred.
Vantage also charges an inactivity fee of $50 per quarter for accounts that have been inactive for 6 months or more
The educational area is where vantage really shines. It offers a variety of analytical tools, including an economic calendar, market analysis, client sentiment, forex virtual private server, and trading signals, in addition to articles, courses, ebooks, terminology, live, and its distinctive The Vantage View, to aid its customers in becoming better traders.
Educational Contents | Supported |
Articles | ✅ |
Courses | ✅ |
ebooks | ✅ |
Terminiology | ✅ |
Live | ✅ |
The Vantage View | ✅ |
Economic Calendar | ✅ |
Market Analysis | ✅ |
Client Sentiment | ✅ |
Forex VPS | ✅ |
Trading Signals | ✅ |
Vantage offers customer support 24/7 through various channels such as email, live chat, and phone. They also provide a comprehensive FAQ section on their website to answer common queries. Moreover, they are also some social media platforms, including Twitter, Facebook, Instagram, YouTube and LinkedIn.
To provide a summary, it would appear that Vantage is an excellent choice that works well for both seasoned pros and novices. Prominent features include an strong regulatory framework, high-quality eductaional content, and appealing promotional offers. However, there are traders who believe it has higher spreads on the Standard account when compared to other brokers. No matter which brokers you choose, remain vigilant because online trading is not without its risks.
Is Vantage regulated?
Yes. It is regulated by ASIC, FCA, CIMA (Offshore), and VFSC (Offshore).
At Vantage, are there any regional restrictions for traders?
Yes. It does not offer our services to residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists.
Does Vantage offer industry-standard MT4 & MT5?
Yes. It supports MT4 and MT5, as well as Vantage App, TradingView, and ProTrader.
Is Vantage a good broker for beginners?
No. Vantage is not a good choice for beginners. It is regulated well and offers rich tradable instruments with competitive trading conditions on the MT4 and MT5 platforms.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
October is the month for Halloween celebrations, festive gatherings, and eating getaways. This year, Halloween occurs on October 31. The well-known broker Vantage presents cash prizes and the latest gadgets to make this Halloween special for its clients. Vantage is also celebrating its 15th anniversary and providing Trade and Treat promotion.
The Malta Financial Services Authority warns that Vantage Markets, also known as Vantage FX, is operating without a license in Malta, advising against any transactions.
Discover the hidden dangers of Vantage Broker. From account suspensions to blocked profits, stay informed and protect your investments in online trading.
In this article, we delve into the unsettling experience of an investor who claims to have lost $4,400 on the VANTAGE platform.
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