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Vantage Broker Review

Vantage, a globally recognized broker since 2009, offers diverse trading options and superior platforms. Explore its strengths and areas for improvement today!

Updated: 2 April 2025
Overall rating
4.6 of 5
Minimum deposit
50
Tradable instruments
Forex, Commodities, Share CFDs, Indices, Futures, ETFs, Cryptocurrencies
Regulation
ASIC, FCA, FSCA, CIMA, SIBL
Overview Users reviews
Marina Panasenko
Edited by
Marina Panasenko
Table of Content

Founding and Record in History

Starting in 2009, Vantage had taken the name Vantage FX (FX Vantage). It was so well-grown until it encompassed global trade services brokerage: Forex and contracts for difference worldwide. Thus, the new brand, Vantage, was adopted in alignment with its trade diversification to incorporate forex beyond.

Mission and Vision

Vantage's mission is to provide all its buyers with the very best there can be in custom trade conditions, cutting-edge trading platforms, and excellent customer service, thereby making it the global market leader in cyber trade changes through the exaltation or outdoing of expectations of customers.

Global Range

Vantage has its headquarters in Sydney, Australia, and operates its trade in many locations worldwide: Middle East, Europe, Asia, and elsewhere. In more than 170 countries, it provides support in local languages and a much broader range of services.

Security and Regulations

Licensing

The company possesses all the relevant licensing under the overseas financial regulation bodies-the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and the Cayman Islands Monetary Authority (CIMA). The setting is done concerning internationally recognized legal implements.

Funds Segregation and Insurance

Clients' funds are held in separate accounts with high-ranked banks. Vantage offers negative balance protection to minimize the loss for clients to as low as the amount of deposit.

Types of Investable Instruments

Currency Pairs

There is availability over 40 forex pairs so clients can trade major and minor currencies as well as a few exotic currency pairs. This is due to tight spreads and leverage flexibility at Vantage.

Commodities

These include silver, gold, crude oil, and natural gas for increasing diversity in portfolios.

Indices

Trade global indices namely S&P 500, NASDAQ, FTSE 100, and Nikkei 225 and get exposure to emerging well-established markets in the world.

Cryptocurrencies

Trade on the popular digital assets like Bitcoin, Litecoin, and Ethereum now in Vantage.

Account Types

Fees and Charges

Spreads and Commissions

At Vantage, the ECN accounts can start from the lowest possible spreads: 0.0 pips, while the Standard account will remain thin; parts of all fees are excluded from these. But instead, $3 per each side per lot will be charged in Raw ECN accounts.

Swap Rates

Swap fees are charges on overnight positions, and information on rates is available on the website. Swaps are not charged on Islamic accounts.

Inactivity Fees

Inactivity fees are an encouragement for traders to keep trading active and take good care of their accounts.

Trading Platforms

Available tools Forex, Commodities, Share CFDs, Indices, Futures, ETFs, Cryptocurrencies
Cryptocurrencies BTC, ETH, LTC, DOGE, XRP, ADA, MATIC
CFD Forex: 61 Indices: 13 metals:5 Commodities: 7 Energy: 7 ETFs: 58 Shares: 795 bonds: 7

MetaTrader 4 and 5

MetaTrader 4, MT5 from its stable, is one of the most popular, used right now today in the industry. They offer one of the most efficient technologically advanced systems when used for charting, algorithmic trading, and wide market analysis.

Proprietary Mobile App

Manage accounts, view real-time data, and trade efficiently with Vantage Mobile App in Android and Apple with proprietary advanced software-everything a customer will need to know to trade.

WebTrader

Straightforward browser-trading allows investors to carry on trading using the platform, which also still provides all the tools one should use.

Help Desk Staff

Registration Procedure

Getting oneself registered with Vantage is not a tough job. The individual needs to opt one of the different types of accounts and then log into their system by fulfilling an online registration application.

Verification Requirements

User should submit for identity proofs (passport or national ID) and proofs of address (either bank verification or utility bill).

Deposit Funds and Withdraw

Payment Methods

Bank transfer, credit/debit card, Skrill, Neteller, and PayPal also form part of the payment systems supported by Vantage.

Timeframes for Delivery

The money will be sent into the account within some minutes after the deposit; meanwhile, the clients will need to wait one to three days for each withdrawal type selected.

Fees of Application

Mostly, deposits in the account are totally free of charges, but occasional withdrawals attract small fees, depending on the method. For clear fees schedule, interested clients should refer to the broker's webpage.

FAQ

Does the firm have licenses?

Yes, it actually holds a license from ASIC, FCA, and CIMA-therefore, first class security.

What are the trading platforms available?

Among its top trading platforms are MetaTrader 4, MetaTrader 5, Instrumental-based web browser trading, and a self-developed mobile app.

What is the minimum that one must deposit, henceforth, in order to open an account?

The very least amount a person needs to open up a Standard Account is $50.

What types of accounts does the company provide?

Vantage will offer various types of accounts: Standard, Raw ECN, Pro ECN, and Islamic.

What kind of charges are levied, and what kind of tariff is slapped on transactions?

For all intents, charges are limited to spreads, minimally so for the ECN accounts, along with swap rates and inactivity fees placed in a dormant account.

What is the leverage it offers from that upper limit?

The leverage on that money can be 1:500 in most instances and mostly depending on the broker itself.

Are demo accounts provided?

This also goes with a demo account for practice purposes where actual precautions can be avoided.

How do I get in touch with customer care?

Available at service stations throughout the trading days, Vantage customer service can be reached by live chat all weekdays or mails or phones. Assistance also is done in many other languages.

Users reviews

Nisha

Title: Caution: Disappointing Experience with Vantage I recently had a troubling experience with Vantage that I feel compelled to share. I signed up for their one-year account management service, hoping for a positive outcome. Unfortunately, things took a turn for the worse. My initial investment of $2,500 vanished in just one day. Despite the market showing signs of buying opportunities, my account manager continued to make selling decisions that didn't align with market trends. Moreover, I noticed discrepancies in transaction records, with some trades not appearing in my history. Profitable trades were left open, only to be closed at a loss. Communication with my account manager became impossible as my messages and calls went unanswered. After being advised to deposit more funds, I did so, only to see my balance wiped out once again. Trades were closed without any margin calls, leaving me perplexed and frustrated. I strongly advise others to exercise caution when considering Vantage. My experience suggests that their practices may not be in the best interest of their clients.

9 February 2025 Read
Neil

Vantage is an excellent choice for anyone interested in the forex market. Based in Australia, they provide a sense of security and reliability. I appreciate how efficiently they handle deposits and withdrawals, and their prompt responses to inquiries are commendable.

9 February 2025 Read
Huw

I've generally had a positive experience using Vantage for forex trading, as the platform is efficient and offers some really useful account features. However, I’ve been quite disappointed with their customer service. When I submitted two support tickets, it took over a week to receive any response. Additionally, the phone number listed on their support page seems to be non-functional. This isn't just my issue; many members of my online copy trading community have reported the same problem. It makes me question the purpose of listing a phone number that doesn’t work. Is it merely for appearances? Furthermore, several of us have encountered issues with the live chat feature. After waiting in the queue for 10 to 20 minutes, we often reach the front only to be met with a message stating that the chat isn't available and to try again later. This is incredibly frustrating. Vantage, while your platform itself is impressive, your customer support needs significant improvement. Please address these issues.

9 February 2025 Read
Paulo Haug

Florence provided exceptional support throughout our conversation. He patiently addressed all my concerns and ensured I understood everything clearly. I'm confident he'll continue to assist me effectively in the future.

8 February 2025 Read
Manee Puksa

The support team was excellent, which really enhanced my overall experience.

6 February 2025 Read
Zaara B

Fantastic application! However, improving customer service accessibility would be beneficial, as the wait to connect with a representative is excessively lengthy. I spent over an hour in the queue before finally speaking with an advisor. The advisor, Ryn, was extremely helpful and I appreciate the assistance. Thank you.

5 February 2025 Read
Haijing Zhao

Vantage offers a user-friendly platform with transparent and reasonable pricing. My account manager keeps in touch consistently, making my experience quite positive up to this point.

4 February 2025 Read
Zaarour Rima

I haven't engaged in any trading activities yet, but I must commend the Vantage team for their exceptional support. When I reached out to them about closing my account, they were prompt, professional, and transparent in their communication. Their honesty in addressing my inquiries truly stood out.

3 February 2025 Read
A Alizaie

I recently attempted to withdraw £500, but the funds were mistakenly sent to an account I had closed some time ago, which I can no longer access. Five months ago, I requested that this account be removed from my Vantage profile, and they promised to send me a link to do it myself. They also assured me that any withdrawal would be processed using the original deposit method, into the same account. Yet now, they claim the money was sent to the closed account. For the past two weeks, I've been reaching out for help, only to be told repeatedly that they're waiting on a response from their team. This situation has been incredibly stressful and draining. When I do get a response, it takes ages—sometimes up to 15 minutes—and they mention they're handling multiple queries at once. I'm in urgent need of assistance to retrieve my funds. Any guidance on how to resolve this issue would be greatly appreciated.

2 February 2025 Read
lee ayres

I was worried about the safety of my account, but John Patrick was incredibly supportive and resolved all my concerns efficiently.

31 January 2025 Read
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