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Vantage Review 2022

Updated:
4.6
Trust
4.2
Fees
4.5
Platforms and Tools
4.6
Customer Support
4.9
Tradable Instruments
4.6
Account Types and Terms
4.9
Deposit and Withdrawal
5.0
Research
5.0
Education
4.3

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

While we adhere to strict editorial integrity, this page may refer to our partners' products. Here's how we make money.Learn how we make money and our review methodology.

Please Note: In our review of Vantage, we focused on the services provided by Vantage International Group Limited (vantagemarkets.com) regulated by the Cayman Islands Monetary Authority (CIMA). We conducted our tests using the MetaTrader 4 platform. Some features and services may vary depending on where you reside.

The Big Picture

Founded in 2009, Vantage is an award-winning multi-asset broker headquartered in Sydney, Australia. The company has more than 1,000 employees across 30 global offices. Vantage has over 50,000 active clients worldwide, trading CFDs on forex, commodities, indices, shares, and cryptocurrencies. Available platforms include MetaTrader 4, MetaTrader 5, ProTrader, and the Vantage app. Vantage offers a Standard STP Account with spreads starting at 1 pip and $0 commissions along with RAW and PRO ECN accounts, with spreads starting at 0 pips and commissions as low as $1.75 per lot per side. The Vantage Global Prime Pty Ltd entity is regulated by the Australian Securities and Investments Commission (ASIC), and the Vantage International Group Limited entity is regulated by the Cayman Islands Monetary Authority (CIMA). Vantage is strictly audited and keeps all client funds in a segregated trust account.

Key Takeaways in 2022

  • We evaluated Vantage across nine categories (Trust/Stability, Fees, Tradable Instruments, Account Types, Deposit/Withdrawal, Research, Customer Support, Education, Platform/Tools).
  • Vantage excelled in fees, with tight spreads and no account maintenance fees.
  • Research was also impressive, with high-quality content from in-house analysts, regular webinars, and a range of tools including sentiment data.
  • Regulated by the Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA) with client funds held in a segregated account with an AA–rated Australian bank, we rate Vantage as a relatively safe broker.
  • Beginners can benefit from unlimited demo accounts and educational webinars.
  • Advanced traders can take advantage of tight spreads via RAW and PRO ECN accounts, free VPS hosting, and algorithmic trading via the MetaTrader platform.

What Sets Vantage Apart from Other Brokers?

Vantage has a progressive approach to fees with tight spreads, low commissions, and no inactivity fees. There are also no fees for deposits and withdrawals. Vantage also offers an unusual and strong range of platforms, including MetaTrader, the ProTrader platform powered by TradingView, and their proprietary Vantage mobile app.

What types of traders are a good fit for Vantage?

Vantage is a suitable broker for beginners with the Standard STP Account type, substantial educational resources, demo accounts, and reliable customer service. The Raw and Pro ECN accounts can cater to experienced and professional traders who require tight spreads. Vantage also offers platforms and tools that can cater to sophisticated traders. With the low trading costs available, we judged that Vantage is a suitable broker for day traders. Swing traders and long-term investors can also be served well at this broker.

Vantage Pros and Cons

Pros Cons
  • Broad range of tradable instruments.
  • Strong selection of available trading platforms.
  • No internal fees for deposits or withdrawals.
  • High leverage available at the offshore entity.
  • Wide variety of deposit and withdrawal methods.
  • Free forex VPS hosting.
  • Excellent research materials.
  • Frequent live webinars.
  • The offshore entity lacks strong regulatory oversight.
  • Users must navigate chatbot questions before reaching a human agent.

 

broker

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

 

About the Author

Dan Blystone
Starting his career in finance on the floor of the Chicago Mercantile Exchange, Dan later gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan also traded at a couple of different prop trading firms in Chicago.
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How Do We Rate?

When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
Vantage Main Features
☑️
Regulations
ASIC (Australia), CIMA (Cayman Islands)
🗺
Supported Languages
English, Spanish, French, Chinese, Thai
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks, Futures, Crypto
💵
Min Deposit
$200
💹
Max Leverage
1:30 (ASIC), 1:250 (CIMA)
🖥
Trading Desk Type
No dealing desk, STP
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Check if...
unknownVantage accepts clients from your country:
Choose your country:

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Vantage Full Review

Trust

4.2
How Do We Test A Broker's Trust?
When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker's regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

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Vantage is regulated by ASIC and CIMA. All client funds are held in a segregated custodial account with an AA-rated Australian Bank. Vantage also undertakes regular audits and holds indemnity insurance. Overall, we rate Vantage as a relatively safe broker.

Vantage on the ASIC register
Vantage on the ASIC register

This section will cover how the different entities of Vantage are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.

Why is it important to know where your broker subsidiary (entity) is regulated?

Different regulators provide different levels of protection, with top-tier regulators providing greater oversight than those situated offshore. The table below lists the protections and benefits by the entity, regulator, and region.

Entity Vantage International Group Limited Vantage Global Prime Pty Ltd
Country/Region Cayman Islands Australia
Regulation CIMA ASIC
Segregated Funds Yes Yes
Negative Balance Protection No Yes
Compensation Scheme No No
Standard Leverage 1:500 1:30

Regulatory requirements are subject to change. We gathered the data listed above in June 2022.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available.

Vantage launched in 2009, reflecting a substantial operating history. According to the company website, the Sydney, Australia-based broker has over 1,000 employees and a presence in 172 countries.

In our research, Vantage showed a good level of transparency in its regulatory status, with a listing of all entities and regulators in the website’s footer.

Trading costs such as Swap Rates and Spreads and Commissions are clearly explained in the Trading Conditions section. The Client Agreement can be found on the Legal Documentation page. The About Us page does a good job of sharing the company’s background and values.

Overall, we rate Vantage as having a high level of transparency, better than average for the industry.

Fees

4.5
How Do We Test A Broker's Fees?
Broker fees can be difficult to understand. We test the broker's platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.

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Vantage shines in the fees category, with competitive spreads across multiple assets. Swap fees are average for the industry. Vantage doesn’t charge any subscription, account maintenance, or inactivity fees.

Vantage Fees
Vantage Fees

Trading Fees

We tested the spreads at Vantage across different asset classes using the MetaTrader 4 platform. The test was done at 8 AM GMT and 3 PM GMT on June 17th, 2022. We made our tests at two different times to allow greater perspective. 8 AM GMT is the London open when there is a great deal of liquidity in the forex market and tighter spreads in currency pairs. 4 PM GMT is during the New York trading session.

Instrument Spread AM Spread PM
EUR/USD 1.4 Pips 1.2 Pips
GBP/JPY 3.1 Pips 2.2 Pips
Gold 26 Pips 31 Pips
WTI Crude Oil 4.8 Pips 4.6 Pips
Apple n/a 11 Cents
Tesla n/a 80 Cents
Dow 30 1.3 Pips 1 Pip
Dax 40 0.5 Pips 0.5 Pips

We recorded low spreads in all asset classes and experienced especially low spreads in CFDs on indices.

Swap Fees

Swap fees were average at Vantage. In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair). We recorded the data on June 17th.

Instrument Swap Long Swap Short
EUR/USD Charge of $6.08 Credit of $2.51
GBP/JPY Credit of $2.16 Charge of $8.75

Non-Trading Fees

Vantage does not charge any account maintenance or inactivity fees.

Are Fees at Vantage Competitive?

We judged the fees at Vantage to be competitive and better than average for the industry. Our tests were performed using the Standard STP account. Traders can find even lower costs with the RAW and PRO ECN accounts.

Platforms and Tools

4.6
How Do We Test A Broker's Platforms and Tools?
Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker's desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other 'need to know' features.

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Vantage offers an exciting range of platforms, from the popular MetaTrader platform to the state-of-the-art ProTrader platform powered by TradingView. The Vantage app is intuitive and allows clients to stay connected to the markets while on the move.

MetaTrader 4 Desktop Platform
MetaTrader 4 Desktop Platform

MetaTrader 4 Desktop

Vantage offers MetaTrader 4 and MetaTrader 5 for desktop, which include advanced functions such as copy trading and automated trading.

MetaTrader 4 is available in 39 languages, from Arabic to Vietnamese. The platform provides popular features such as:

  • Alerts. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, an email, or push notification to a mobile device.
  • Watchlists. Traders can set up a list of their favorite instruments and follow live quotes in a market watch panel.
  • One-click trading. This feature allows traders to execute orders with a single click and no secondary confirmation. Placing a trade with a single click saves time and is especially useful for short-term traders.
  • Trading from the chart. MT4 also allows users the convenience of trading directly from the chart.

MetaTrader also delivers when it comes to the range of available order types. The platform offers the following order types:

  • Market Order. This is an order to buy or sell an instrument at the current best available price.
  • Limit Order. This is an order to buy or sell an instrument at a specified price or better.
  • Stop Loss Order. This is an order to buy or sell an instrument that is triggered when price reaches a specified level.
  • Trailing Stop Order. This is a stop-loss order that can be set at a defined percentage or dollar amount away from an instrument’s current market price. It is used to secure profits when you are in a winning trade while not having to exit the position.

Charting features are robust. MetaTrader 4 offers:

  • 30 technical indicators. These include classic trend indicators, volume indicators, and oscillators.
  • 23 analytical objects. These include lines, channels, Gann, and Fibonacci tools.
  • 9 time frames Each instrument can be displayed in nine time frames, from one minute to one month.
  • 3 chart types. Traders can choose between Bar Charts, Japanese Candlestick Charts, and Line Charts.

MetaTrader is also popular due to its copy trading and automated trading features.

  • Trading Signals. Signals in MetaTrader 4 allow users to copy the activity of other traders in real-time automatically.
  • Automated trading. MetaTrader 4 allows users to develop, test, and apply Expert Advisors (EAs). EAs are programs that monitor and trade markets using algorithms. They find opportunities according to set parameters and then either create a notification or automatically open a trade.

The MetaTrader 4 desktop platform is one of the world’s most feature-rich and popular trading platforms. It does not have the most beautiful interface, and it does require some time and effort to learn, but that is typical of advanced platforms.

MetaTrader 4 Web

MT4 Webtrader Platform
MT4 Webtrader Platform

Vantage also offers the MetaTrader Web Platform (Webtrader), which is a slightly stripped-down version of the desktop platform. It allows you to trade without any additional software; only an internet connection is required. Webtrader enables users to trade directly from any browser and operating system.

Popular features include:

  • One-click trading.
  • Trading from the chart.
  • Watchlists with real-time quotes.
  • Trade History.
  • Advanced charting with 30 indicators for technical analysis.

Copy-trading and automated trading are also only available on the MT4 desktop platform.

ProTrader Powered by TradingView

ProTrader Platform
ProTrader Platform

The Vantage ProTrader platform offers 1-click trading, trading from the chart, watchlists, and market news from sources such as Seeking Alpha and MarketWatch. Open positions and pending orders are easily viewable in the Account Manager area.

The market-leading TradingView charts feature 11 time frames, 11 chart types, and over 100 technical indicators. Dozens of drawing tools ranging from basic trend lines to Fibonacci retracements are also available.

The range of available order types is robust on the ProTrader platform. Market orders, limit orders, stop-loss orders, and trailing stop-loss orders are available. Traders also have the option to apply time in force conditions such as Good-Til-Canceled (GTC).

The ProTrader platform shines in that it is both powerful in its functionality and intuitive with a well-designed interface.

MetaTrader Mobile App

MetaTrader 4 Mobile App
MetaTrader 4 Mobile App

Vantage offers the MetaTrader 4 and MetaTrader 5 mobile apps, which are available for Android and iOS. The apps offer popular features such as alerts, 1-click trading, and trading from the chart.

The MetaTrader mobile apps also provide various order types, including pending and stop-orders. However, trailing stop-loss orders are only available from the desktop. To change the language of the MetaTrader app, you must change the language for your entire phone. As with desktop and web, the interface is not the most intuitive, but the MetaTrader apps offer an above-average range of features.

Vantage Mobile App

MetaTrader 4 Mobile App
MetaTrader 4 Mobile App

The Vantage mobile app is available for Android and iOS. The app is highly intuitive and offers popular features such as watchlists and trading from the chart. Standard order types such as market orders, limit orders, and stop-loss orders are available.

Users can choose between Japanese candlestick and tick charts, 9 time frames, and a range of technical indicators, including Bollinger Bands and MACD. The app also has a built-in economic calendar, research reports, and analysis from third-party provider Trading Central.

The Vantage app is well designed and easy to use, but lacks some features (for example, 1-click trading) that are available on the MetaTrader 4 and 5 apps.

Available Languages
English | French | German | Italian | Portuguese | Indonesian | Russian | Vietnamese | Chinese | Japanese | Korean | Malay

Order Execution

With the Vantage Standard STP (Straight Through Processing) account, there is no dealing desk, and the counterparty to client trades are the largest liquidity providers linked to the Vantage oneZero MT4 Bridge.

Tradable Instruments

4.6
How Do We Test A Broker's Tradable Instruments?
In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you're looking for and what you can trade.

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Vantage has an impressive range of available instruments to trade, spanning CFDs on forex, indices, commodities, shares, and cryptocurrencies. The offering is above average for the industry and includes CFDs on futures and soft commodities.

Tradable Instruments at Vantage
Tradable Instruments at Vantage

What are CFDs?

CFDs (Contract for Differences) are financial derivative products that allow traders to speculate in various markets without owning the underlying assets. Tradable instruments at Vantage include the following assets:

  • 50 CFDs on currency pairs. A currency pair combines two different currencies, with the value of one currency quoted against the other. For example, EUR/USD, which reflects the value of the euro measured in dollars.
  • 24 index CFDs. An index is a basket of trading instruments used to gauge a market sector, stocks within an exchange, or a country’s economy.
  • 22 CFDs on commodities. Commodities are raw products, such as gold, oil, and metals.
  • 143 CFDs on stocks. (71 US stocks, 44 European stocks, and 28 UK stocks). A stock is a security that represents partial ownership of a corporation. Keep in mind that when trading stock CFDs, you are speculating on the price of a stock without actually taking ownership of the underlying company.
  • 43 CFDs on cryptocurrencies. Cryptocurrencies, such as Bitcoin, are digital currencies that are secured by cryptography.

In the tables below, you can see a selection highlighting the variety of instruments available at Vantage:

Forex Major Forex Minor
EUR/USD | GBP/USD | USD/CHF GBP/JPY | EUR/CHF | NZD/JPY
Forex Exotic CFDs on Soft Commodities
EUR/TRY | USD/SEK | USD/CNH Cocoa | Cotton | Sugar
CFDs on Energies CFDs on Metals
Crude Oil | Natural Gas | Gasoline Gold | Silver | Copper
CFDs on Cryptocurrencies CFDs on Indices
Polkadot | Dogecoin | Cardano FTSE100 | HK50 | SP500

Vantage is above average in its range of CFDs on indices, commodities, and cryptocurrencies. Soft commodities such as cocoa and sugar that Vantage provides are uncommon among CFD brokers. The variety of CFDs on forex and shares is closer to normal but broad enough to meet the needs of most traders.

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Customer Support

4.9
How Do We Test A Broker's Customer Support?
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

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Vantage offers 24/7 support via live chat, phone, and email. Responses were swift across all mediums, and agents were helpful and well-informed. We rate the customer support as above average at Vantage.

Live Chat Support
Live Chat Support

We tested customer support with a wide variety of queries, ranging from available order types to whether negative balance protection is provided.

Responses were fast, with emails typically responded to within one business day and phone calls answered within a couple of rings. One minor drawback is that at the Vantage International Group Limited entity, users must navigate through a series of automated questions before reaching a live agent via chat. The quality responses were good across all mediums, with well-informed, patient agents delivering the desired answers.

Customer Support Languages
English | French | Spanish | Italian | Greek | Arabic | Malay | Chinese

Deposits & Withdrawals

5.0
How Do We Test A Broker's Deposit and Withdrawal?
The deposit or withdrawal process can be a tricky one. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker.

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Deposits and withdrawals at Vantage can be made via bank wire transfer, credit/debit card, digital wallet, and various online payment methods. The range of deposit and withdrawal methods is above average. Processing times for deposits and withdrawals are relatively fast compared to other brokers. Vantage does not charge any fees for deposits and withdrawals.

In the tables below, we break down the fees and processing times for each deposit and withdrawal method.

Deposits

Deposit Method Fees Processing Time
Domestic Electronic Funds Transfer $0 1-2 business days
Domestic Fast Transfer (Australia Only) $0 Up to a few hours during AEST Business hours
International Electronic Funds Transfer $0 2-5 business days
BPAY (Australia only) $0 1-2 business days
POLi (Australia only) $0 Within 24 business hours
Visa $0 Instant
Mastercard $0 Instant
JCB $0 Instant
China Union Pay 1.30% – 2.50% Instant
Neteller Subject to Neteller’s fees Instant
Skrill Subject to Skrill’s fees Within 24 business hours
AstroPay $0 Instant
Broker-to-BrokerTransfer Subject to bank transfer fees 2-5 business days
FasaPay $0 Instant
Thailand Instant Bank Wire Transfer $0 Instant

Withdrawals

Withdrawal Method Fees Processing Time
Credit Card $0 1 Business Day
International Bank Transfer $0 1 Business Day
Domestic Bank Transfer $0 1 Business Day
UnionPay/MobilePay $0 1 Business Day
Astropay $0 1 Business Day
FasaPay $0 1 Business Day
Skrill $0 1 Business Day
Neteller $0 1 Business Day
Sticpay $0 1 Business Day
Bitwallet $0 1 Business Day
Cryptocurrency-USD/BTC $0 1 Business Day
Perfect Money $0 1 Business Day

While Vantage does not charge any fees for deposits and withdrawals, clients should be aware that their banks may charge fees for transfers.

Also, Vantage returns all funds to the original funding source. If, for instance, you deposited using a credit card, you would need to withdraw funds back to that same card.

Account Types and Terms

4.9
How Do We Test A Broker's Account Types and Terms?
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker's account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

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The account opening process at Vantage is fully digital and can be completed within minutes via the company website. Vantage offers three main account types: Standard (STP), RAW (ECN), and PRO (ECN). In addition, demo accounts and swap-free accounts are available to clients. The broad range of accounts helps accommodate many different trader profiles.

Opening an Account with Vantage
Opening an Account with Vantage

Account Application

To open an individual account at the Vantage International Group Limited entity, prospective clients must provide the following information.

  • Name.
  • Nationality.
  • Email.
  • Phone.
  • Country of main residence.
  • Address.
  • Whether they are a US citizen.
  • Employment status.
  • Estimated annual income.
  • Estimated savings and investments.
  • Estimated intended deposit.
  • Source of funds.
  • Number of trades per week.
  • Trading amount per week.
  • Desired trading platform.
  • Desired account type.
  • Desired account currency.

Finally, applicants must verify their identity (using a passport, national ID card, or driving license) and address (with bank statements, utility bills, or a government-issued tax document).

The three main account types cater to different trader profiles as follows:

  • The Standard STP Account is geared towards new traders who want simple, direct market access without commissions.
  • The RAW ECN account is designed for experienced traders looking for deep liquidity and tight spreads.
  • The PRO ECN account is for professional traders and money managers who trade high volume.

The table below breaks down the various features of each account type.

Feature Standard (STP) RAW (ECN) PRO (ECN)
Platform MetaTrader 4 MetaTrader 5 MetaTrader 4 MetaTrader 5 MetaTrader 4 MetaTrader 5
Range of Markets 44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs 44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs 44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs
Platform Choices MT4 / MT5 for Mac WebTrader Mobile Apps MT4 / MT5 for Mac WebTrader Mobile Apps MT4 / MT5 for Mac WebTrader Mobile Apps
Minimum Deposit $200 $500 $500
Minimum Trade Size 0.01 lot 0.01 lot 0.01 lot
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Spreads from 1.0 pip 0.0 pips 0.0 pips
Commission $0 From $3.00 per lot per side From $1.75 per lot per side
Account Base Currencies $ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD $ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD $ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD

Demo Accounts

Vantage offers unlimited demo accounts via MetaTrader 4, MetaTrader 5, ProTrader, and the Vantage app. Demo accounts are essential for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking any real money.

The demo accounts feature live quotes and simulate live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users are up to speed on a demo account, they can easily switch over to a live account.

Swap-Free Accounts

Vantage swap-free accounts have been created for traders who cannot receive or pay swaps due to religious beliefs.

Leverage

One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

Vantage International Group Limited offers clients leverage of up to 1:500. This means that with an account of $1,000, you can control up to $500,000 worth of positions in the market. Leverage is often described as a ‘double-edged sword’ as it can hurt you as much as it helps you. Traders must remember that it can amplify both their profits and their losses.

Supported Countries

Vantage takes clients from the majority of countries globally. However, the company does not offer its services to residents of certain jurisdictions such as North Korea, Japan, the United States, and some other regions.

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Research

5.0
How Do We Test A Broker's Research?
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service.

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Vantage achieved a perfect score in the research category, with high quality, frequently updated analysis in written and video form, and multiple live webinars per week. In addition, clients can utilize a range of tools such as sentiment data and an economic calendar. Vantage stands out from the crowd in research with a better-than-average offering.

Market Analysis
Market Analysis

Traders can view the Daily Market Update from Vantage on the company website. The report covers overnight headlines, the day ahead, key takeaways from major economic events, and a chart of the day including technical insights.

The economic calendar on the website helps traders stay on top of economic releases and includes the time and date of events, the analyst forecast, the actual figure, and the previous figure.

Vantage Sentiment Indicators
Vantage Sentiment Indicators

The sentiment page on the Vantage website shows the total long and short positions of Vantage clients. With over 50,000 clients, Vantage has a large amount of data to draw from. The ratio of long to short positions is represented as a percentage, with orange showing the percentage of clients who are short and teal indicating the percentage who are long. Sentiment is commonly used as a contrarian indicator. When a high percentage of traders are either long or short an instrument, this can be an indication of a potential turning point in the market.

Education

4.3
How Do We Test A Broker's Education?
Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

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Vantage provides a strong range of educational materials, including articles, videos, courses, and webinars. Materials are frequently updated, high quality, and cover topics such as platform tutorials and trading strategies. We rate the educational offerings at Vantage as better than average.

Vantage Education
Vantage Education

The Academy section of the Vantage website features in-depth guides covering topics such as trading strategies and trading psychology. For new traders, there is material in the style of a course, ranging from market terminology to technical and fundamental analysis.

Multiple live webinars take place weekly with market outlook and trading strategy themed sessions. Vantage also has a good range of platform tutorials to help traders make the most of the available software.

The Bottom Line

Sydney, Australia-based Vantage has evolved to become a major player in the forex and CFD industry and performed very well in our tests.

Regulated by the top-tier ASIC and the offshore CIMA, the company is audited, and all client funds are held in a segregated trust account. Clients with the offshore entity should be aware that regulatory oversight is limited, and negative balance protection is not provided. Overall, we rate Vantage as a relatively safe broker to work with.

Fees are kept to a minimum, with tight spreads, no account maintenance fees, and no internal fees for deposits and withdrawals. Vantage can cater well to both beginners and advanced traders with a range of account types and trading platforms to choose from. The barrier to entry is set low with a $200 minimum deposit.

To conclude, we judge that Vantage is an impressive, well-rounded CFD broker.

FAQ

Where is Vantage based?
The headquarters of Vantage is in Sydney, Australia.

Is Vantage safe?
Vantage is regulated by ASIC and CIMA. All client funds are held in a segregated custodial account with an AA-rated Australian Bank. Vantage undertakes regular audits and holds indemnity insurance. Consequently, we rate Vantage as a relatively safe broker.

How does Vantage make money?
Vantage makes money from the bid/offer spread, commissions and swap fees.

How do I deposit funds in an Vantage account?
Funds can be deposited via bank transfer, debit/credit cards, digital wallets, and various online payment systems.

What is the minimum deposit for Vantage?
The minimum recommended deposit to start trading is $200 for all Standard STP accounts and $500 for the RAW ECN account.

How do I withdraw money from Vantage?
Withdrawals can be made via bank transfer, credit/debit card, digital wallet, various online payment systems, and cryptocurrency.

How long does it take to withdraw money from an account at Vantage?
Withdrawals are typically processed within 1 business day.

How much is the maximum leverage at Vantage?
The maximum leverage at the offshore Vantage International Group Limited entity is 1:500.

How can I open an account with Vantage?
An account can be opened within minutes via the VantageMarkets.com website.

What platforms does Vantage offer?
Vantage provides clients with MetaTrader 4, MetaTrader 5, ProTrader, and the Vantage mobile app.

What are the withdrawal fees at Vantage?
Vantage does not charge any internal fees for withdrawals.

Is Vantage suitable for beginners?
Vantage has above-average educational resources and reliable customer support, making it a suitable broker for beginners.

Does Vantage offer a demo account?
Does Vantage offer a demo account? Yes, Vantage offers unlimited demo accounts via MetaTrader 4, MetaTrader 5, ProTrader, and the Vantage app.

broker

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

See Vantage Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Australia
Foundation Year
2009
Regulations
ASIC (Australia), CIMA (Cayman Islands)
Publicly Traded
No
Number Of Employees
1000
Trading Desk Type
No dealing desk, STP
Trading platforms
MT4, MT5, Proprietary, WebTrader, tradingview
Restricted Countries
United States, China, Russian Federation, Japan, Bulgaria, Burundi, Canada, Congo, Cote d'Ivoire, Croatia, Cuba, Eritrea, North Korea, Guinea-Bissau, Montenegro, Liberia, Mali, Romania, Iran, Greece, Guinea, Iraq, Afghanistan, Guam, Albania, Tunisia, Somalia, Puerto Rico, Slovenia, Venezuela, Yemen, Syria, Sierra Leone, Ukraine, Central African Republic, Lebanon, Serbia, Singapore, Libya, Myanmar, South Sudan, Spain, Sudan, Egypt, Zimbabwe, Samoa, Belarus, Bosnia and Herzegovina
Supported Languages
English, Spanish, French, Chinese, Thai
Min Deposit
$200
Max Leverage
1:30 (ASIC), 1:250 (CIMA)
Deposit Options
Wire Transfer, Credit Card, PayPal, Cryptocurrencies, Skrill, Neteller, Moneybookers, AstroPay, Poli, Broker to Broker, FasaPay, Bpay
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, FasaPay, AstroPay, PerfectMoney
Time to Withdrawal
1
Time to Open an Account
5
Cryptocurrencies
Bitcoin Cash, Bitcoin, Cardano, Dogecoin, Litecoin, Stellar, EOS, Ethereum, Polkadot
Products (CFD)
Currencies, Commodities, Indices, Stocks, Futures, Crypto
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
No

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