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A Trusted Award Winning Multi-Asset Broker

Vantage Broker Review 2023

Spreads from
0.0

Leverage 
30:1- 500:1

Deposit Fees
Zero

Multi
Regulated

Fast & Easy
Account Opening

Vantage is a fully regulated multi asset broker, providing traders with access to the global forex market through top tier FX liquidity providers.

 

Regulators Include:

  • Financial Sector Conduct Authority (FSCA),

  • Vanuatu Financial Service Commission (VFSC), 

  • Australian Securities and Investments Commission (ASIC),

  • Financial Conduct Authority (FCA)

Fast Execution

Highly efficient processes with low slippage as well as deep liquidity

Raw ECN Spreads From 0.0 

Expect some of the lowest trading costs in the industry

Global Connectivity

The platform allows traders to seamlessly connect with agents, and other traders, for a better trading experience

Premium Trading Tools

Vantage provides exclusive insights on potential market movement as well as actionable technical trade setups and real-time macro-economic news events, all from within the client portal

Educational Tools

A range of educational materials like the daily market news 
and analysis as well as webinars for the latest market updates and trends

Award winning Customer Service

A dedicated client support team available 24 hours a day, 5 days a week

What to Expect from Vantage

Overall Rating 4.7/5

  • ​A good choice of forex assets and CFDs to trade with over 1,000 assets to trade

    • Gold,

    • Silver,

    • Stock Indexes,

    • Oil, Energy & Other Commodities

    • ETF's and Bond CFD's

  • Tight and Competitive Spreads

    • Min Deposit $200.00

    • Fixed commissions on trades

    • No inactivity fees

  • Accounts

    • Demo Account  

    • Institutional Accounts   

    • Managed Accounts   

    • Islamic Account

  • Leverage

    • 30:1 - 500:1

  • Multiple Platforms

    • MT4

    • MT5

    • ProTrader, Vantage's own platform powered by TradingView 

    • Vantage App (Australia Only)

  • OS Compatibility

    • PC, Mac

    • Android

    • iOS

  • Account 

    • Account open within 24 hours

    • Instant Deposit and Withdrawal

    • Good customer service is offered via email, phone, and live chat

  • Investor protection available in the UK only

Pros of Trading with Vantage

Regulatory Strength

Vantage operates under strong regulatory supervision across Tier-1 and Tier-2 jurisdictions, ensuring secure and compliant trading.

Indemnity Insurance

Vantage's inclusion of indemnity insurance adds an extra level of security, elevating the safety of clients' funds beyond what's mandated by regulations.

Advanced Platform Integration

The smooth integration of TradingView into MetaTrader platforms equips traders with robust charting and analysis tools, facilitating well-informed decision-making.

Innovative Trading Tools

Vantage's Smart Trader add-ons and wide array of social copy-trading platforms provide traders with a range of tools tailored to their trading strategies and preferences.

Industry Recognition

Vantage's consistent acknowledgment as one of the premier MetaTrader Brokers and leading Copy Trading Brokers underscores its unwavering commitment to customer excellence.

Flexible Leverage

Vantage distinguishes itself through its adaptable leverage choices, catering to both novice and seasoned traders. With leverage ratios spanning from 1:30 to 1:500

Zero Commissions

Vantage's dedication to a commission-free structure on Standard accounts heightens its appeal to traders, as it reduces trading expenses. 

Deposit Bonus (Australia Only)

Vantage's 50% deposit bonus acts as a strong incentive for new traders, enabling them to increase their trading capital and start trading with a more substantial initial investment.

Cons of Trading with Vantage

High Pro ECN Account Deposit

The Pro ECN account's $20,000 minimum deposit could discourage budget-conscious traders from accessing premium features, potentially restricting inclusivity. 

Access to Pro Trader
Tools

The $1,000 deposit needed to access Pro Trader Tools might present an obstacle for traders looking for advanced features without a more substantial deposit commitment.

Spread Limitations on Standard Account

The spreads on the Standard account might not be as competitive unless traders deposit at least $10,000 to potentially qualify for active trader rebates.

Account Types
RAW ECN | Standard STP | PRO ECN 
Vantage provides 3 main account types. Each account aims to fulfil specific trading goals.

Standard STP Account

Ideal for beginners looking for direct market access with top-tier spreads, enhanced liquidity, and swift execution. This account offers ease and accessibility, with leverage of up to 1:500 on Australian Accounts and 1:30 on UK Accounts. To open a standard account, a minimum of $200 is necessary.

Raw ECN Account

Tailored for experienced traders and money managers, this account showcases substantial liquidity, razor-sharp spreads, and minimal commissions. Its institutional-grade liquidity and absence of spread mark-ups make it an excellent choice for those wanting performance.

Pro ECN Account

Tailored for professional and high-volume traders, this account presents substantial liquidity, authentic ECN spreads, and remarkable execution speeds. Its competitive commission of merely $2.00 per standard FX lot, per side, renders it appealing. To open an account, a minimum deposit of $20,000 is required and traders need to demonstrate they have a net asset worth of over 500,000 EUR.

Leverage

30:1-500:1

Min. Lot Size

0.01

Scalping

Yes

Platform Access

Desktop, Mobile, WebTrader

Hedging

Yes

Social Trading 

Yes

Commissions and Spreads
The commissions and spreads charged depends on the account type

Trading with Vantage involves a range of financial considerations, such as fees, spreads, and commissions.

 

The brokerage is committed to providing traders with cost-effective and user-friendly pricing structures.

Vantage offers highly advantageous cost structures, featuring spreads as low as 0.0 pips on major currency pairs.

 

Comparing Vantage to other brokers, you'll find that they offer an exceptionally competitive spread list, starting at 0.0 pips, zero deposit or withdrawal fees and commissions of USD2 per lot per side when using the PRO ECN Account. 

 

Additionally, there are no inactivity fees to worry about.

Vantage's trading fees can vary based on the type of account you choose, along with options like the spread list, leverage, minimum deposit requirements, and commissions.

 

Here are some of the commissions, fees and spreads broken down by account type:

Standard Account

Commission

  • Zero

 

Spreads:

  • EURUSD    from 1.4

  • GBPUSD    from 1.6

  • AUDUSD    from 1.4

  • USDJPY     from 1.5

 

Minimum Deposit: 

  • 200 USD

Raw ECN Account

Commission:

 

  • 3 USD per lot per side

 

Spreads:

  • EURUSD    from 0.0

  • GBPUSD    from 0.5

  • AUDUSD    from 0.3

  • USDJPY     from 0.4

 

Minimum Deposit:

  • 500 USD

Pro ECN Account

Commission:

 

  • 2 USD per lot per side

 

Spreads:

  • EURUSD    from 0.0

  • GBPUSD    from 0.5

  • AUDUSD    from 0.3

  • USDJPY     from 0.4

 

Minimum Deposit:

 

  • 20,000 USD

Vantage Additional Fees

Traders should be aware of certain factors affecting the trading of certain financial instruments, particularly when dealing with different time zones. Holding positions beyond their trading hours may result in additional fees.

It's important to note that overnight fees, also referred to as swap fees or rollover fees, may apply to positions held open for more than a day.

Vantage doesn't provide spread betting services, which means there are no spread betting fees associated with this broker.

 

Its important to note that Vantage FX maintains transparency in its pricing approach. By sourcing tier 1 liquidity from leading investment banks and other providers, Vantage offers access to raw pricing without any interference from a dealing desk.

 

This authentic ECN Forex Broker model ensures reliable and consistent pricing for traders.

Vantage Broker Fees

Vantage doesn't impose any internal deposit or withdrawal fees; however, it's worth noting that traders might encounter intermediary transfer fees from third-party entities.

To ensure clarity on any waived fees, traders should communicate directly with their banking or financial institution, depending on their chosen payment method.

It's important to mention that Vantage does not waive any additional broker fees, including inactivity fees or account maintenance and management fees.

Deposit Options

Bank Wire, PayPal, VISA, MasterCard, BPAY, FasaPay, MobilePay, Neteller, Poli, Skrill, Transfer from Existing Broker, UnionPay
 

Withdrawal Options

Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay

Vantage FX's is clear in its pricing approach.

Through obtaining tier 1 liquidity from leading investment banks and other providers, Vantage grants access to raw pricing, without any dealing desk interference.

This authentic ECN Forex Broker model guarantees reliable and dependable pricing for traders.

Vantage Demo Account 
$100k virtual funds to help you practise 

Vantage offers a great learning opportunity through its demo trading account, equipped with $100,000 virtual funds.

 

This allows traders to practise and improve their trading strategies without risking real capital, making it an ideal tool for improving skills. 

Test trading strategies risk-free 

 

With the demo trading account, traders can experiment with various trading strategies in a risk-free environment.

 

This invaluable feature empowers both novice and experienced traders to fine-tune their approaches before committing to live trading.

Beginner-friendly, with trading tools at your disposal

 

Vantage ensures a beginner-friendly experience by providing access to a selection of trading tools within the demo trading account.

 

Whether you're new to trading or seeking to enhance your skills, these tools enable you to make informed trading decisions.

Start demo trading in under 30 seconds 

 

Getting started with Vantage's demo trading account is swift and hassle-free. Within just 30 seconds, you can embark on your practise journey, honing your trading skills and familiarising yourself with the platform's features.

 

Google or sign up with Email

 

The registration process for the demo trading account is user-friendly, offering the convenience of signing up using your Google account or email address.

Platforms Available
Vantage

Vantage App

Yes

Proprietary Platform

Yes

Desktop Platform

Yes

ProTrader Platform

Yes

WebTrader Platform

Yes

Social Trading

Yes

MT4

Yes

MT5

Yes

ZuluTrade

Yes

My FXBook

Yes

DupliTrade

Yes

MetaQuotes App

Yes

Copier (Copy Trading)

Yes

Signal Provider

Yes

About Vantage Trading Platforms

Vantage offers an array of strong trading platforms, including MetaTrader 4, MetaTrader 5, ProTrader, WebTrader, Social Trading, ZuluTrade, and My FXBook Autotrade platforms.

Vantage facilitates smooth integration of compatible third-party platforms and tools, such as TradingView. This distinctive approach secured Vantage's position among the top contenders in the 2023 best MetaTrader brokers category.

Platform Overview

Vantage primarily functions as a MetaTrader broker, providing a selection of desktop and web trading platforms. This encompasses MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Advanced Charting

Beyond the conventional charts on MT4 and MT5, Vantage introduces the CHARTS platform from TradingView. It's fully merged, enabling users to log in with their MetaTrader account.

Enhanced Trading Tools

Vantage heightens the trading experience on MetaTrader by incorporating SmartTrader Tools from FX Blue LLP's suite of platform enhancements. Additionally, real-time forex news headlines from FxWire Pro and FxStreet enrich the comprehensive MetaTrader offering.

Copy Trading Opportunities

Broadening its scope beyond the Signals market on MetaTrader, Vantage broadens copy trading possibilities through three platforms. This trio of auto-trading platforms encompasses ZuluTrade, DupliTrade, and Myfxbook's AutoTrade (excluding Australia).

The availability of these platforms helps traders to tailor their trading approach and preferences to their individual requirements.

Vantage Mobile App

Good Integration, Information Updates, Educational Videos

To cater to the demand for a versatile and user-friendly trading experience, Vantage has developed its proprietary mobile app. 

Empowering On-the-Go Trading

The Vantage mobile app serves as a robust extension of the trading platform, enabling traders to open and close positions across diverse markets from virtually anywhere. It performs effectively, although some charting functions are limited. Nonetheless, it's particularly suitable for use during commutes or travel, enabling traders to stay attuned to their trades.

Universal Accessibility

The Vantage mobile app is compatible with both Apple and Android devices, ensuring widespread availability. Whether on an iPhone, iPad, or an Android smartphone or tablet, users can seamlessly access the app and enjoy consistent functionality.

Swift Execution Through One-Click Trading

In swiftly changing markets, every moment is critical. The Vantage mobile app features a one-click trading mechanism, facilitating rapid trade execution with just a single tap. Basic attributes such as order management, personalised watchlists, Trading Central's trading signals, alerts, and a news calendar are incorporated.

Efficient Personalised Favourites 

Traders can designate preferred instruments, markets, or assets and include them in their favourites list. This streamlines access to chosen assets, curbing the time spent searching for and executing trades.

Real-Time Insights and Analysis

By integrating TradingView, the Vantage mobile app furnishes real-time access to market data, charts, and analyses. It is equipped with a range of technical indicators, including Moving Averages, Bollinger Bands, MACD, nine timeframes, and charting tools.

Security and Seamless Integration

Mirroring the desktop platform's approach, the Vantage mobile app places a premium on security. It employs advanced encryption and authentication measures to ensure the security of traders' accounts and transactions. Additionally, the app smoothly integrates with the desktop platform, allowing for seamless transitions between devices without disruption. 

Educational Resources
Vantage

Trading Glosseries

Yes

Ebooks

Yes

Video Tutorials

Yes

Webinars

Yes

Technical Analysis

Yes

Research Tools

Yes

Learning Materials Available 

Dedicated to helping traders on their path to success, Vantage goes the extra mile by presenting a diverse assortment of educational materials and resources. Within the "Education and Resources" section, traders access a selection of tools curated to enhance their trading acumen and decision-making abilities.

Comprehensive Learning Materials: Customised for All Levels

Vantage's educational offerings cater to traders at all stages of expertise. Its a case of diving into the different options and finding what is relevant. It can be a bit hit and miss with some material better than others. 

​Trading Glossaries

 

For those new to trading, Vantage supplies comprehensive trading glossaries that demystify industry terminology and jargon. This foundational resource ensures traders grasp the language of the markets from the outset.

eBooks

Dives deeper into trading concepts, Vantage offers eBooks spanning various topics. From the fundamentals of forex trading to advanced strategies, these eBooks provide valuable insights and knowledge for traders across all levels.

Video Tutorials

 

Visual learners will find value in Vantage's video tutorial library. These engaging resources guide traders through diverse facets of trading, platform navigation, strategy execution, and more. By blending visual and auditory learning, traders can absorb information effectively.

Vantage Academy: Elevating Knowledge and Expertise

One of the crown jewels of Vantage's educational offerings is the Vantage Academy. This comprehensive resource serves as a hub of knowledge, designed to elevate traders' expertise and understanding.

Technical Analysis Posts

 

The Academy provides in-depth technical analysis posts, empowering traders to dissect market trends, identify potential entry and exit points, and make informed decisions based on data-driven insights.

Latest Updates

 

Staying informed is paramount in the dynamic world of trading. Vantage Academy ensures that traders are up-to-date with the latest market developments, news, and trends that could impact their strategies.

 

Webinars

 

Learning from experts is an invaluable opportunity. Vantage Academy's webinars bring industry professionals and seasoned traders to the forefront, offering insights, strategies, and perspectives that can shape traders' approaches.

 

Research Tools for Informed Decision-Making

Through the Vantage Academy, traders can access a wealth of resources that assist in conducting thorough analyses and executing calculated moves.

Vantage's unwavering commitment to education and resources underscores their dedication to traders' triumph. From foundational trading glossaries to advanced technical analysis insights, Vantage equips traders with the tools necessary to refine their skills and make confident trading decisions.

 

The Vantage Academy, complete with technical analysis posts, market updates, webinars, and research tools, stands as a knowledge hub for traders to navigate the financial markets and helps build confidence.

 

Read Further Reviews About Vantage

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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