Vantage

Vantage Information

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. Besides, the broker also provides rich and solid educational resources.

Pros & Cons

Note: This table is not exhaustive and there may be other pros and cons of Vantage depending on individual experiences and preferences.

Vantage Alternative Brokers

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.

Is Vantage Legit？

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
	ASIC	VANTAGE GLOBAL PRIME PTY LTD	Market Making(MM)	428901
	FCA	Vantage Global Prime LLP	Straight Through Processing(STP)	590299
	CIMA	Vantage International Group Limited	Straight Through Processing(STP)	1383491
	FSCA	VANTAGE MARKETS (PTY) LTD	Financial Service Corporate	51268
	VFSC	Vantage Global Limited	Retail Forex License	700271

Market Instruments

Vantage provides access to over 10,000 popular and mainstream tradable instruments, covering Forex, Indices, Precious Metals, Soft Commodities, Energy, ETFs, Shares CFDs, Bonds. However, popular crypto trading is not supported.

Accounts

Vantage has three different account options available tailored for various trading requirements: Standard, Raw, and Pro. 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.

Leverage

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.

Spreads & Commissions

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:

Please note that the spread and commission may vary depending on the account type and trading platform used.

Promotions

There are currently two deposit bonuses available at Vantage: the Deposit bonus and the USDT Deposit Promotion bonus. With the first deposit bonus, you're enticed with an extensive bonus on your first deposit and can enjoy additional bonuses with subsequent deposits. With the USDT Deposit Promotion bonus,you can accelerate their gains with a 10% rebate on the first USDT deposit.

Trading Platforms

When it comes to trading platform, Vantage provides multiple flexible trading platform choices, including Vantage App, MetaTrader 4, MetaTrader 5, ProTrader. It also supports copy trading and demo trading.

Note: The table only includes some of the available trading platforms for each broker.

Trading Tools

Vantage some trading 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.

Deposits & Withdrawals

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.

Base currencies:

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 minimum deposit vs other brokers

Vantage Money Withdrawal

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.

Fees

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:

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.

Customer Service

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.

Note: These are general observations and experiences may vary depending on individual cases and circumstances.

Education & Tools

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.

Conclusion

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 when compared to other brokers. No matter which brokers you choose, remain vigilant because online trading is not without its risks.

Frequently Asked Questions (FAQs)

Is Vantage regulated？

Yes. It is regulated by ASIC & FCA.

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.

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 MT4 and MT5 platforms , though too many complaints from their clients saying that they are unable to withdraw.

Risk Warning

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.