Vantage Review-Trading safe? - WikiFX
Abstract：Vantage is a suspicious clone broker, offering trading on forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs and bonds.
| VantageReview Summary | |
| Founded | 2021 |
| Registered Country/Region | Cayman Islands |
| Regulation | Suspicious Clone |
| Market Instruments | Forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, bonds |
| Demo Account | ✅ |
| Leverage | / |
| EUR/USD Spread | Fro 1.4 pips (standard account) |
| Trading Platform | Vantage App, MT4, MT5, ProTrader, Copy Trading |
| Min Deposit | $50 |
| Customer Support | Live chat |
| Facebook, instagram, X, linkedin, youtube, tiktok, spotify | |
| Tel: +44 2080 363 883 | |
| Email: support@vantagemarkets.com | |
| Regional Restrictions | USA clients are not allowed |
Vantage Information
Vantage is a suspicious clone broker, offering trading on forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs and bonds with EUR/USD spread from 1.4 pips on Vantage App, MT4, MT5, ProTrader and Copy Trading trading platform. The minimum deposit requirement is $50.
Pros and Cons
| Pros | Cons |
| Tight spreads | Suspicious clone |
| With demo account | |
| Various contact channels | |
| MT4/MT5 platform | |
| Low minimum deposit requirement |
Is Vantage Legit?
No. Vantage is suspicious clone. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Australia Securities & Investment Commission | Suspicious clone | VANTAGE GLOBAL PRIME PTY LTD | Market Maker (MM) | 000428901 |
 | Cayman Islands Monetary Authority | Suspicious clone | Vantage International Group Limited | Straight Through Processing (STP) | 1383491 |
 | Vanuatu Financial Services Commission | Suspicious clone | Vantage Global Limited | Retail Forex License | 700271 |
What Can I Trade on Vantage?
Vantage offers trading on forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Soft commodities | ✔ |
| Energy | ✔ |
| ETFs | ✔ |
| Share CFDs | ✔ |
| Bonds | ✔ |
| Cryptos | ❌ |
| Stocks | ❌ |
Account Type
Here are three account types Vantage offers:
| Account Type | Min Deposit |
| PRO | $10,000 |
| RAW | $50 |
| STANDARD | $50 |
Leverage
The broker has not clearly provided the leverage it offers.It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Vantage Fees
Trading Fees
The broker requires commission fees for PRO and ECN accounts.
Vantage Spreads
| Account Type | Spreads |
| PRO | EURUSD from 0.0 pipsGBPUSD from 0.5 pipsAUDUSD from 0.3 pipsUSDJPY from 0.4 pips |
| RAW | EURUSD from 0.0 pipsGBPUSD from 0.5 pipsAUDUSD from 0.3 pipsUSDJPY from 0.4 pips |
| STANDARD | EURUSD from 1.4 pipsGBPUSD from 1.6 pipsAUDUSD from 1.4 pipsUSDJPY from 1.5 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Vantage App | ✔ | Mobile | / |
| ProTrader | ✔ | / | / |
| Copy Trading | ✔ | / | / |
| MT4 | ✔ | Windows, mac, Linux | Beginners |
| MT5 | ✔ | Windows, mac, Linux | Experienced trader |
Deposit and Withdrawal
The broker accepts payments via Visa, Mastercard, Apple Pay, Paypal, Neteller, Skrill, bank wire, ect.
No minimum withdrawal amount defined and no fees or charges specified.
Deposit Options
| Deposit Options | Fees | Processing Time |
| Visa/Mastercard | $0 | Instant |
| Apple Pay | $0 | Instant |
| Paypal | $0 | Within 24 business hours |
| Neteller | Subject to Neteller's fees | Instant |
| Skrill | Subject to Skrill's fees | Within 24 business hours |
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