Vantage Review 2023: Is It a Reliable Broker?

Vantage

Vantage is a top-tier Australian Forex trading firm, allows traders to access the global Foreign Exchange market.

Vantage Main Highlights

🚀 Minimum deposit:50$
⚖️ Leverage:Up to 1:500
🛡️ Regulations & Licenses:FSCA, FSP, ASIC
💵 Deposits/Withdrawals:FasaPay, Broker-to-Broker
Transfer, Wire Transfer, AstroPay, Skrill, Neteller, Bitwallet, Cryptocurrency-USD/BTC, Perfect Money, China Union Pay, JCB, Credit/Debit Card, Boleto, Union Pay
💻 Trading platform:MetaTrader 4, MetaTrader 5, Vantage app, ProTrader, WebTrader
🌙 Islamic Account:Yes
🔗 Main domain:vantage.com

A Look at Vantage

In 2009, a team of experts from the financial, FOREX, and technology sectors established Vantage. Their mission is to help individuals and businesses reach their financial objectives by providing them with unrestricted access to the FOREX market, robust trading platforms (MT4 and MT5), lightning-fast order fulfillment, and first-class customer service.

Vantage has continually supplied first-rate access to international FOREX markets, rendering it the go-to broker for both retail and professional traders. This is why they can recognize the prominent contrast between Vantage and its competitors.

Signing up for Vantage is incredibly simple and can be done in a matter of minutes. Additionally, there are no fees for inactivity, making this a great option for traders who may not be as active.

Deposit and withdrawal methods are plentiful, and many of them come at no cost. All in all, signing up with Vantage is a very rewarding experience.

Vantage Account Types

Standard account

Range of Markets49 Currency pairs
25 Indices
51 ETFs
22 Commodities
800+ Share CFDs
Minimum Deposit50$
Spreads from1.0 pip

Raw account

Range of Markets49 Currency pairs
25 Indices
51 ETFs
22 Commodities
800+ Share CFDs
Minimum deposit 50$
Spreads from0.0 pips

Pro account

Range of Markets49 Currency pairs
25 Indices
51 ETFs
22 Commodities
800+ Share CFDs
Minimum deposit 10,000$
Spreads from0.0 pips

Islamic account (swap-free)

Vantage offers special accounts designed specifically for Forex traders who, for religious reasons, cannot receive or pay swaps. Both the Swap-free Standard STP and RAW ECN accounts enable traders to gain access to Vantage’s institutional-level liquidity, which is streamed directly from major institutions to the MT4 platform.

Vantage Trading Platforms

MetaTrader 4

Account TypeRAW ECN | Standard STP Swap-Free
Platform AccessDesktop
WebTrader
Mobile
Account Base Currencies$ AUD $ USD £ GBP
€ EUR $ SGD $ CAD
zł PLN
Number of Timeframes9

MetaTrader 5

Account TypeRAW ECN | Standard STP Swap-Free
Platform AccessDesktop
WebTrader
Mobile
Account Base Currencies
$ AUD $ USD £ GBP
€ EUR $ SGD $ CAD
zł PLN
Number of Timeframes21

Vantage app

The Vantage app provides traders with a convenient and robust mobile platform to access a wide selection of FX Pairs, Commodities, Indices, Share CFDs and more.

Compatible with both iOS and Android devices, the Vantage trading app gives users access to a range of trading and investing tools, enabling them to trade global markets anytime, anywhere.

  • Powerful trading tools.
  • Access to 1000+ instruments.
  • Market news.

ProTrader

The ProTrader platform, powered by TradingView, provides users with a wide range of features for market investigation and trading. This includes access to hundreds of indicators, over 50 technical drawing tools, as well as a collection of tools to help analyze the most commonly used trading systems and strategies.

  • Precision charting.
  • Powerful trading tools.
  • Agile trading environment.
  • Market moving news.

Vantage Regulations and Licenses

Vantage Markets (Pty) Ltd is a trading name, and it is approved by the Financial Sector Conduct Authority (FSCA) of South Africa. The company is an officially recognized Financial Service Provider (FSP).

Vantage Global Limited is sanctioned and managed by the VFSC.

It is licensed and overseen by the Australian Securities and Investments Commission (ASIC).

Vantage Deposits & Withdrawals

It allows its customers to initiate accounts and make deposits in the following base currencies: AUD – Australian Dollars, USD – American Dollars, EUR – Euros, GBP – Pounds Sterling, NZD – New Zealand Dollars, SGD – Singapore Dollars, JPY – Japanese Yen, CAD – Canadian Dollars.

Clients can withdraw their money online by securely logging on to the customer portal and choosing the withdrawal option from the list of options.

Vantage Academy

The academy offers:

  • Latest releases.
  • Market news and analysis.
  • Trending articles.
  • Guides.

Related article: TMGM Review 2023: Features, Pros & Cons | Brokers Times

FAQs

Is Vantage a scam?

No, it is a safe broker.

Is Vantage securities legit?

Yes, it is authorised and regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cayman Islands Monetary Authority (CIMA), and the Vanuatu Financial Service Commission (VFSC).

What is the minimum deposit for Vantage?

50$

Where are the offices of Vantage located?

iCount Building, Kumul Highway, Port Vila, Vanuatu

3.6 rating
3.6/5
Total Score

Vantage Pros

  • Fast account opening
  • Ideal deposit and withdrawal

Vantage Cons

  • Limited selection of product
  • Not good customer service
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