Vantage was conceived in 2009 and is currently owned and overseen by Vantage International Group Limited. Regulated by the Cayman Islands Monetary Authority (CIMA), the broker offers a wide range of financial instruments such as foreign exchange pairs, indices, energies, soft commodities, precious metals, cryptocurrencies, and share CFDs. At present, this online trading ecosystem is home to more than 3,000,000 users globally.
The minimum deposit is US$50. Furthermore, the broker does not charge any deposit fees, ensuring that clients maximize the value of their account funding. Deposits are accepted using various methods, including Credit Cards, Debit Cards, Wire Transfers, PayPal, Skrill, Union Pay, Neteller, SticPay, and BitWallet. Beyond funding, an attractive value proposition is the high degree of leverage offered which can stretch as high as 500:1 depending on the asset class.
In recent times, the broker has also included a popular feature – Copy Trading to their range of offerings, allowing beginner traders to follow signal providers who are already experts in the markets.
Another unique feature of Vantage is the PRO Trader Tools available to clients who fund accounts in excess of US$1,000. These tools help investors track over 35,000 tradable assets from around the world. It also grants users access to a premium economic calendar plus use of superior platform tools like MetaTrader 4 and 5. Furthermore, all customer funds are held in segregated accounts, thereby ensuring a greater degree of security.
Pros and Cons
Pros
- Excellent value-added trading tools and services
- Very competitive narrow spreads and low commissions
- Intuitive mobile app with extensive functionality
- Strong range of asset classes available
- Extensive incentives and rebates
- Copy trading
Cons
- Not available to US-based investors
- Lesser offering as compared to other brokers
- Exposure to risk in leverage
Recommended For
Vantage is recommended for traders who want to keep up-to-date about unfolding market developments and leverage these opportunities by making rapid investment decisions. This is all thanks to the broker’s excellent trading support. Its PRO Tools provide the latest news, trading signals, and analyst views for 35,000 securities, delivering significant value for traders who prefer wide access to information. With the addition of copy trading, the platform is ideal for traders of different financial literacy, ranging from beginners to intermediate and advanced traders.
Moreover, the platform is recommended for traders who are willing to invest large sums and are confident in their trading abilities. Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting tools to its users, thereby making it easier for investors to hone their decision-making process.
Top Features
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Excellent Trading Support: Some of the value-added tools offered by Vantage include Market Buzz AI-based market news coverage, featured ideas, analyst views, advanced video tutorials, SmartTrader tools, as well as an elaborate economic calendar. The broker ensures that its customers have all the right tools at their disposal while they are investing their money.
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Advanced Trading Platforms: Vantage’s platform offerings feature MetaTrader 4, MetaTrader 5, a web-based platform, and a proprietary app which provide a great degree of flexibility. In addition, the broker offers three social trading platforms to its users including ZuluTrade, MyFXBook, and DupliTrade.
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Wide Range of Asset Classes: Clients can choose from forex pairs, major global indices, energy products, soft agricultural commodities, precious metals, cryptocurrencies, and share CFDs. In total, there are more than 300 instruments available from Vantage for trading.
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Extensive Bonuses and Promotions: Another great feature is the extensive bonuses and promotions for users. Beyond a generous 50% welcome bonus for users, the broker encourages referrals with an added bonus, offers trading volume rebates, and equity rebates.
Overview
- Type of Broker Non-Advisory/Executionary Broker (ECN/STP)
- Regulation & Licensing Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA) of South Africa, SVGFSA, Vanuatu Financial Services Commission (VFSC)
- Clients Accepted from 160+ Countries
- Assets Offered Forex, Indices, Commodities, Share CFDs, Cryptocurrencies
- Platforms Available MetaTrader 4, MetaTrader 5, Web-based Platform, Proprietary Mobile Trading App, ZuluTrade, MyFXBook, DupliTrade
- Mobile Compatibility Android and iOS
- Payment Types Accepted Credit Cards, Debit Cards, Wire Transfers, PayPal, Skrill, Union Pay, Neteller, SticPay, BitWallet
Account Types
Features |
RAW ECN Account |
Standard STP Account |
PRO ECN Account |
Swap-Free Trading Account |
Account Currencies |
AUD, USD, GBP, EUR, SGD, CAD |
AUD, USD, GBP, EUR, SGD, CAD |
AUD, USD, GBP, EUR, SGD, CAD |
AUD, USD, GBP, EUR, SGD, CAD |
Available Leverage |
500:1 |
500:1 |
500:1 |
500:1 |
Minimum Deposit |
$500 |
$300 |
$20,000 |
$200 |
Starting Spreads |
0.0 pips |
1.4 pips |
0.0 pips |
1.4 pips |
Commission Per Trade |
$3 per trade |
None |
$2 per trade |
None |
Decimal Pricing |
up to 5 decimals |
up to 5 decimals |
up to 5 decimals |
up to 5 decimals |
Trading Instruments |
Forex, Indices, Energy, Soft Commoditie, Precious Metals ,Share CFDs, Cryptocurrency CFDs |
Forex, Indices, Energy, Soft Commoditie, Precious Metals ,Share CFDs, Cryptocurrency CFDs |
Forex, Indices, Energy, Soft Commoditie, Precious Metals ,Share CFDs, Cryptocurrency CFDs |
Forex, Indices, Energy, Soft Commoditie, Precious Metals ,Share CFDs, Cryptocurrency CFDs |
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
0.01 |
Max Lot Size Per Trade |
100 |
100 |
100 |
100 |
Demo Account |
Yes |
Yes |
Yes |
Yes |
Swap/Rollover Free |
No |
No |
No |
Yes |
Copy Trading Support |
Yes |
Yes |
Yes |
Yes |
Compliance & Regulation
The broker is based in the Cayman Islands and regulated by the Cayman Islands Monetary Authority (CIMA). The broker is covered under the Securities Investment Business Law (SIBL) and is fully compliant with all the regulations laid down by local authorities. Apart from CIMA, Vantage is not licensed by any other regulatory body.
The broker protects client funds by storing them in segregated accounts that are kept separate from operational accounts. Vantage also offers indemnity insurance that covers the work done by its representatives, employees, and other authorized individuals. However, the broker currently does not insure its client funds.
Pricing
To provide each trader type with an account that matches their needs, Vantage offers a varied pricing and fee schedule depending on user priorities. The straight-through processing order execution (STP) account and Swap-Free Trading Account/s incur no commissions with spreads that start at as low as 1.4 pips. There is a small administration fee assessed on each trade for Swap-Free Trading account holders. On the other side, the ECN account types feature raw spreads from 0.0 pips that incur commissions of $3 per trade for the lower tier account and $2 per trade for the higher tier account.
Overall, the broker’s pricing schedule is designed to ensure that its users are able to maximize their earnings by minimizing commissions and spreads. The broker also offers a high degree of leverage in all of its account types, which can prove to be highly beneficial for its users. Moreover, the broker does not charge any fees for depositing funds in the platform. Finally, it offers a 50% deposit bonus to its users along with volume rebates and other rebates.
Reliability & Security
Vantage has multiple trade execution platforms options available. In addition to a web-based platform, the broker supports the MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile trading app. This iOS and Android compatible app can handle every account function from onboarding and funding balances to news access and trade execution.
Beyond the trading platforms, the broker also offers three social platforms to its users to help newcomers or more passive investors gain exposure to global financial markets by mirroring the strategies of proven professionals and experts. These three include ZuluTrade, MyFXBook, and DupliTrade.
Overall, the broker’s trading platforms operate flawlessly, and we did not encounter any issues when testing their functionality. The range of platforms offered by the broker is among the best in the industry. All of the broker’s platforms are equipped with extensive trading support, ensuring that all its users are kept up to date about the markets.
Vantage has also been awarded numerous industry accolades for years thanks to its dedication to providing value-added services, fast trade execution, low costs, and excellent support. Some of the titles awarded to the broker include the following:
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Best in class – social copy trading 2024
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Global Brands Magazine – Best CFD Broker 2024
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DayTrading – Top Overall Broker for Australia 2024
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Most Trusted Broker, by Professional Trader Awards 2023
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Financial Trading Services Provider of the Year, by M&A Today 2020
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Best MT4/MT5 Broker, by Global 100 2020
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Lowest Trading Costs, by Global 100 2020
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Financial Trading Services Provider of the Year, by CV Magazine 2019
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Financial Trading Services Provider of the Year, by FinTech Awards 2018
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Financial Trading Services Provider of the Year, by Global 100 2017
User Experience
Vantage delivers a great user experience that is intuitive and feature-rich. The broker’s platforms are full of useful functionality that benefits users. The advanced charting tools can help clients analyze financial markets in real-time. Additionally, the inclusion of an advanced economic calendar is extremely helpful for pinpointing times when market volatility may climb.
For traders who prefer to employ algorithmic trading strategies, the availability of VPS services ensures that investors can gain access to lightning fast trade execution with minimal latency. Investors are also allowed to hedge positions, adding to the strategy potential available through the Vantage services.
Beyond excellent trading services, education is a serious focus for Vantage, evidenced by its inclusion of manuals and tutorials for all the platforms along with courses designed to teach users about the fundamentals of investing. This takes the shape of video and articles designed to educate clients on market basics along with guides on using the value-added tools that accompany accounts.
Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute. Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users.
Should traders encounter any questions or challenges, Vantage provides excellent customer service to help users overcome these issues. The broker’s customer service team can be reached by email, chat, or phone. Furthermore, customer support is available in a range of languages, making it even easier for users to communicate in their preferred tongue. It is also worth noting that the broker’s customer service team is contactable during trading hours, 24-hours a day, 7-days a week to ensure timely support.
Final Thoughts
Overall, Vantage is among the better brokers operating in the market thanks to its dedicated efforts to deliver excellent added-value for clients. It offers a good range of financial instruments while also providing exceptional trading tools designed to help users maximize their experience. Moreover, the broker’s fees and commissions schedule is very straightforward while emphasizing speedy execution.
The multi-regulated broker also protects client funds through the use of segregated accounts. Overall, Vantage offers an award-winning trading ecosystem designed to maximize investor results with the tools needed to spot unfolding market opportunities and the rapid execution required to capitalize on them.
Contact Info
FAQs
Q: Can I register for a demo account?
A: Yes, the broker allows its users to register for a demo account in order to test out its key features. You simply need to visit the Vantage website and fill in your basic details in order to activate the demo account. These demo accounts are compatible with all account types offered by the broker.
Q: Are US citizens permitted to register for Vantage?
A: As of now, US or Canadian citizens are not permitted to register for Vantage. This is because of the fact that the broker is not regulated in the US market.
Q: What are the different account types offered by Vantage?
A: As of now, Vantage offers four major account types. These include the RAW ECN Account, the Standard STP Account, and the PRO ECN Account, and the Swap-Free trading Account/s. Each of these accounts has its own set of unique features and benefits.
Q: Does Vantage offer mobile trading?
A: Vantage allows traders to invest using their mobile phones. The broker’s platforms are fully compatible with all mobile platforms including both Apple and Android.
Q: Will my funds be secure with Vantage?
A: Vantage ensures that all client funds are kept in segregated accounts. This means that the company’s employees do not have access to client funds. However, the broker does not insure its client funds.