Wikilix
Vantage logo

Vantage

Regulated
Australia
,
Since 2012
Last Updated:
64/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
500
Account Types
StandardRAWPro ECN+2 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

MasterCard

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfers

bank transfer
2 days
Fee:
Free
Fee:
$25

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

PayPal

e wallet
Instant
Fee:
Free
Fee:
Free

Bitcoin

crypto
hours
Fee:
Free
Fee:
Free

USDT (Tether)

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 86%, 2: License 75%, 3: Software 51%, 4: Spread 0%, 5: Account Type 40%, 6: Symbol 0%
Regulation
86%Excellent
License
75%Good
Software
51%Fair
Spread
0%Poor
Account Type
40%Poor
Symbol
0%Poor

Company Information

Full Name:VANTAGE GLOBAL PRIME PTY LTD
Founded:2012
Headquarters:Australia
Enterprise Offices:3offices

Customer Support

Phone:
1300 945 517
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Vantage: its history, the licences it holds, its trading conditions and its fees.

Introduction

The fast-paced world of Forex trading means a trader's choice of broker can significantly impact their development. Vantage has become an established brand within the Forex and CFD trading universe and is a broker for retail and wholesale traders globally.

Vantage operates at the nexus of finance and technology and, as such, offers numerous products and services to accommodate its broad client base. In this article, we will examine Vantage's various aspects and provide an in-depth review of its product offerings, regulations, and market position.

Founded in 2009, Vantage has transformed from a small MT4 broker to one of the leading MT4 and MT5 brokers in the world. Vantage is based in Sydney, Australia, with a notable presence in London, UK, and clients from more than 172 countries. This begets within the company a significant desire to provide a great trading experience and support to their clients.

As we review Vantage's key products, its regulatory status, and the user experience, it is evident why many traders have chosen this broker for their business. If you're a beginner or an experienced trader, it is essential to identify what Vantage has to offer you as you begin your new trading journey. 

Background and History

Vantage was founded in 2009 by professionals with backgrounds in finance, Forex, and technology. While the specific founders are not discussed, their experience has greatly influenced the business's development and evolution. Vantage has expanded its chosen services to a worldwide clientele. Since its launch, the company has developed into a significant global player in Forex and CFD trading.

With its headquarters in Sydney, Australia, and Vantage Connect in London, UK, the company has chosen to be situated in two major financial centers. Being in two HH centers enables Vantage to serve clients in over 172 countries worldwide, reinforcing its position as a global leader in trading.

Key Features and Services

Vantage offers several account types and trading platforms to suit different trading styles and needs. The broker provides the extremely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which most people are familiar with due to their user-friendliness and extensive trading functionality. 

Account Types

Vantage offers different account types, such as demo accounts for beginners, an STP (Straight Through Processing) account, an ECN (Electronic Communication Network) account for more experienced traders, and swap-free accounts for Muslim traders.

Instruments Offered

Traders have access to over 180 markets from Vantage, including Forex, hard and soft commodities, shares, and indices, which allows portfolio diversification across markets.

Unique Features

Vantage supports social trading, allowing traders to follow/replicate the trades of successful traders. The broker is also known for its fast execution speed and support service, which are generally myriad in providing an efficient trading experience.

Regulatory Compliance and License

Vantage is run by Vantage Global Prime Pty Ltd and is regulated by several providers. No license number or jurisdictions are provided, but the broker is said to be regulated in Australia and to operate in multiple regions, including the Cayman Islands, Malaysia, Thailand, Taiwan, and Vietnam.

Regulator

License Number

Status

Australia

Not Specified

Active

Cayman Islands

Not Specified

Active

Malaysia

Not Specified

Active

Vantage adheres to high standards of compliance and operational integrity, ensuring it meets regulatory requirements in its operational jurisdictions. This commitment to regulatory compliance enhances the broker's credibility and trustworthiness in the trading community.

Trading Conditions and Platform Technology

Vantage offers competitive trading conditions, although specific details on spreads and leverage are not provided. The minimum deposit required to open an account is $50, making it accessible for traders with varying budgets.

Condition

Details

Spreads

Competitive

Leverage

Varies by jurisdiction

Minimum Deposit

$50

Platform Technology

Vantage provides MetaTrader 4 and MetaTrader 5 platforms for both desktop and mobile devices, ensuring traders can access their accounts and execute trades on the go. The mobile trading apps are available for iOS and Android devices, offering flexibility and convenience.

Additionally, Vantage offers a range of trading tools and features, including social trading capabilities, which enhance the overall trading experience.

Fee Structure

Understanding the fee structure is crucial for traders to manage their costs effectively. Vantage generally does not charge deposit fees for most payment methods, but withdrawal fees may apply depending on the payment method used.

Fee Type

Details

Deposit Fees

None for most methods

Withdrawal Fees

May apply

Inactivity Fees

Charged after inactivity

Commissions

Varies by account type

 

 

Inactivity fees are usually charged after a period of inactivity, but no specific amounts are given. Commissions vary by account type, but ECN accounts typically charge a per-trade commission.

User Experience and Market Reputation

Vantage generally has positive reviews regarding its support service and trading conditions. The broker is known to be reliable and offers speedy execution, which contributes to a strong overall reputation in the trading community.

The advantages of trading with Vantage are competitive trading conditions and excellent support. The drawbacks for traders could include a lack of specific fee information or potential regulatory issues.

New Developments

Vantage has very recently expanded its service provision and is continuing to develop in parallel with regulatory development. The broker also recently parted ways with David Andrews, the founder of Atom8, as part of a strategic acquisition. While these developments demonstrate Vantage's focus on technology development and regulatory compliance, they also show that Vantage is genuinely committed to competitiveness.

Conclusion

Vantage is a legitimate, thorough Forex broker that offers a wide range of trading instruments and platforms to accommodate any trader's needs. Vantage also has strong regulatory compliance and customer support, making it a trusted partner for global trading. Whether you are new to trading or an experienced trader, Vantage offers the tools and resources to ensure success in the ever-changing Forex market.

Website archive
Captured

Website snapshots

One full-page capture of Vantage's own site, archived so what it said can still be read after the page changes.

1 page
Homepage
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

Vantage is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

1 of 5 checked
Licences on record
5
Confirmed on register
1
Tier 1 or 2
2
Offshore
3

WIKILIX

Licence intelligence

The strongest of 5 licences on file

Licence Verification Record

Australia Securities & Investment Commission 428901

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Australia
Authority strength
Tier 1
Licence type
Market Making(MM)
Not yet checked on the register

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how Vantage applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

5 account types on record. Minimum deposit from USD 50. Leverage up to 1:30.

5 account types
AccountMin DepositLeverageCommission
StandardUSD 501:30No commission; spreads from 1.0 pip
RAWECNUSD 501:30From $3.00 per lot per side
Pro ECNECNUSD 10,0001:30From $1.50 per lot per side
STPECNUSD 501:30No commission; spreads from 1.1 pip
Swap-FreeUSD 501:30Varies; spreads from 1.1 pip
Account names and conditions as published by Vantage, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

11 ways to fund an account. 5 credit instantly.

11 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
VisaCredit Card1Not recordedNot recordedUSD 50Not recordedNot recordedInstant
MasterCardCredit Card1Not recordedNot recordedUSD 50Not recordedNot recordedInstant
Bank Wire TransfersBank Transfer
One free bank transfer withdrawal per month; subsequent withdrawals incur a fee.
Not recordedUSD 25USD 50Not recordedNot recorded2 days
SkrillE-Wallet1Not recordedNot recordedUSD 50Not recordedNot recordedInstant
NetellerE-Wallet1Not recordedNot recordedUSD 50Not recordedNot recordedInstant
PayPalE-Wallet1Not recordedNot recordedUSD 50Not recordedNot recordedInstant
BitcoinCryptocurrency1Not recordedNot recordedUSD 50Not recordedNot recordedhour
USDT (Tether)Cryptocurrency1Not recordedNot recordedUSD 50Not recordedNot recordedhour
BoletoOther1Not recordedNot recordedUSD 50Not recordedNot recordedhour
RevolutOther1Not recordedNot recordedUSD 50Not recordedNot recordedhour
Wise (TransferWise)Other1Not recordedNot recordedUSD 50Not recordedNot recordedhour

Broker's notes on these methods

  1. Withdrawals must be made using the same method originally used for deposit. · applies to 10 methods
Fees, limits and processing times as published by Vantage, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.vantagemarkets.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

3 legal entities behind the Vantage brand.

3 entities
  • VANTAGE GLOBAL PRIME PTY LTDActiveAustraliaRegistration OC376560Established Nov 23, 2022
  • VANTAGE GLOBAL LIMITEDActiveRegistration 80010000952666Established Jun 7, 2021
  • Vantage International Group LimitedActiveHong KongRegistration 2853772Established Jul 18, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Vantage

Most Popular Questions
Vantage services are restricted in certain countries, including the USA, North Korea, and Iran, as well as other sanctioned countries. These restrictions are in place due to regulatory and compliance requirements.
Yes, Vantage offers customer support through various channels, including phone, email, and live chat. Support is available during business hours, and the team can assist with general inquiries and complaints.
Vantage provides several deposit and withdrawal options, including Visa, MasterCard, bank wire transfers, and e-wallets like Skrill and Neteller. Cryptocurrency options such as Bitcoin and USDT (Tether) are also available.
Vantage offers a maximum leverage of up to 500:1. However, the available leverage may vary depending on the regulatory jurisdiction and the financial instrument being traded.
The minimum deposit required to open an account with Vantage is 50 USD. This applies to various funding methods, including credit cards, e-wallets, and cryptocurrencies.
Vantage is regulated by multiple authorities, including the Australia Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK. These regulators ensure that Vantage adheres to strict financial standards and practices.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with Vantage