Score

1.49 /10
Danger

Vantage Prime

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index6.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Vantage Global Prime Pty Ltd.

Company Abbreviation

Vantage Prime

Platform registered country and region

Australia

Company website

X

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Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-07-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed AustraliaASIC regulation (Regulation Number: 000428901) has not been verified. Please be alert to the risks!

WikiFX Verification

Vantage Prime · Company summary
Vantage Prime Review Summary
Founded2015
Registered Country/RegionAustralia
RegulationASIC (suspicious clone)
Market InstrumentsForex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, bonds
Demo Account
Trading PlatformVantage app, Pro trader, MT4, MT5
Copy Trading
Minimum Deposit$50
Customer SupportLive chat, contact form
Tel: 1300 945 517
Email: support@vantageprime.com, support@vantagemarkets.com
Address: Level 29, 31 Market St, Sydney, New South Wales, 2000, Australia
Facebook, X, Instagram, LinkedIn, YouTube, TikTok, Spotify
Regional RestrictionsCanada, China, Romania, Singapore, the United States

Vantage Prime Information

Vantage Prime is a service provider of premier brokerage and financial services, which was founded in Australia in 2015. Its current status is suspicious clone. The broker offers products and services for forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs and bonds. Besides, residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists are not allowed.

Vantage Prime Information

Pros and Cons

Pros Cons
Demo accountsRegional restrictions
Copy trading offeredCommission fees charged
Various contact channelsSuspicious clone ASIC license
Various trading products
MT4 and MT5 platforms
Low minimum deposit requirement
Various account choices
Popular payment options

Is Vantage Prime Legit?

Vantage Prime is licensed by ASIC to offer services but the current status is suspicous clone. Its license number is 000428901. The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Australian Securities and Investments Commission (ASIC)Suspicious CloneVANTAGE GLOBAL PRIME PTY LTDMarket Maker (MM)000428901
Vantage Prime license

What Can I Trade on Vantage Prime?

Market InstrumentsSupported
Forex
Indices
Precious Metals
Soft Commodities
Energy
ETFs
Share CFDs
Bonds
Cryptocurrencies
Options
Products & Services

Account Type

Account TypeMinimum Deposit
Pro ECN$10,000
Raw ECN$50
Standard$50
Cent$50
Premium$500
Account Type

Vantage Prime Fees

Vantage Prime offers flexible commission options, varying by trading instruments type.

RAW ECN Account

Commission by Lots

Trading Account CurrencyCommission per LOT (100,000 base currency)
AUD-Australian DollarAUD $3 (round turn $6)
USD-US DollarUSD $3 (round turn $6)
GBP-Pound SterlingGBP £2 (round turn £4)
EUR-EuroEUR €2.5 (round turn €5)
SGD-Singapore DollarSGD $3.50 (round turn $7)
JPY-Japanese YenJPY ¥275 (round turn ¥ 550)
NZD-New Zealand DollarNZD $3.25 (round turn $6.50)
CAD-Canadian DollarCAD $3 (round turn $6)
PLN-Polish ZlotyPLN zł15 (round turn PLN zł30)
HKD-Hong Kong DollarHKD $25 (round turn HKD $50)
INR-Indian RupeeINR ₹250 (round turn ₹500)

Commission by Products

ProductCommission (Round turn)
Forex6.0 USD per lot
ETFs12.0 USD per trade
Precious Metals6.0 USD per lot
AU Share CFDs0.08 percentage per lot, min $5 per trade
EU Share CFDs0.1 percentage per lot
HK Share CFDs0.25 percentage per lot, min $6 per trade
UK Share CFDs0.1 percentage per lot

PRO ECN Account

Commission by Lots

Trading Account CurrencyCommission per LOT (100,000 base currency)
AUD-Australian DollarAUD $2 (round turn $4)
USD-US DollarUSD $1.5 (round turn $3)
GBP-Pound SterlingGBP £1 (round turn £2)
EUR-EuroEUR €1.5 (round turn €3)
SGD-Singapore DollarSGD $1.5 (round turn $3)
JPY-Japanese YenJPY ¥175 (round turn ¥350)
NZD-New Zealand DollarNZD $2 (round turn $4)
CAD-Canadian DollarCAD $2 (round turn $4)
PLN-Polish ZlotyPLN zł7.5 (round turn PLN zł15)
HKD-Hong Kong DollarHKD $15 (round turn HKD $30)

Commission by Products

ProductCommission (Round turn)
Forex3.0 USD per lot
ETFs12.0 USD per trade
Precious Metals3.0 USD per lot
AU Share CFDs0.08 percentage per lot, min $5 per trade
EU Share CFDs0.1 percentage per lot
HK Share CFDs0.25 percentage per lot, min $6 per trade
UK Share CFDs0.1 percentage per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Vantage appMobile/
Pro traderPC, laptop, tablet/
Copy tradingPC, laptop, tablet/
MT4PC, laptop, tabletBeginners
MT5PC, laptop, tabletExperienced traders
Trading Platform

Deposit and Withdrawal

The maximum deposit amount is $10,000 (except HKD and JPY), while the minimum deposit is $50.

Deposit/Withdrawal Options Fees Processing Time
Credit/Debit Card (Visa And Mastercard)$0Instant
Apple Pay/Google Pay
PaypalWithin 24 business hours
NetellerSubject to Neteller's feesInstant
Skrill (Moneybookers)Subject to Skrill's feesWithin 24 business hours
Fasapay$0Instant
Perfect MoneyWithin 24 business hours
JCBInstant
BitwalletWithin 24 business hours
Sticpay
India UPI
Vietnam Bank Transfer
Thailand Bank Transfer
Malaysia Bank Transfer
Nigeria Bank Transfer
Philippines Bank Transfer
Brazil Bank Transfer
SouthAfrica Bank Transfer
Uganda Bank Transfer
Kenya Bank Transfer
Ghana Bank Transfer
Japan Bank Transfer
Mexico Bank Transfer
International EFT
Domestic Fast Transfer (Australia Only)
Astropay
Broker-to-Broker Transfer
Deposit and Withdrawal
Deposit and Withdrawal

News

NewsVANTAGE FX REBRANDS AS VANTAGE TO REFLECT NEW BUSINESS IDENTITY

ASIC-regulated foreign exchange brokerage ‘Vantage FX’ has become ‘Vantage’ to reflect the culmination of its extensive business transformation. The rebranding shows that the Australia-headquartered company has evolved into an all-encompassing, global financial services provider.

WikiFX
2021-12-16 12:30
VANTAGE FX REBRANDS AS VANTAGE TO REFLECT NEW BUSINESS IDENTITY

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