Overview
Starting in 2009, Vantage had taken the name Vantage FX (FX Vantage). It was so well-grown until it encompassed global trade services brokerage: Forex and contracts for difference worldwide. Thus, the new brand, Vantage, was adopted in alignment with its trade diversification to incorporate forex beyond.
- Founded
- 2009
Strengths and watchouts
Strengths are not yet documented for this broker.
Watchouts are not yet documented for this broker. Review fees, regulation and account terms before opening an account.
Safety and regulation
The company possesses all the relevant licensing under the overseas financial regulation bodies-the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and the Cayman Islands Monetary Authority (CIMA). The setting is done concerning internationally recognized legal implements. Clients' funds are held in separate accounts with high-ranked banks. Vantage offers negative balance protection to minimize the loss for clients to as low as the amount of deposit.
- ASIC
- FCA
- FSCA
- CIMA
- SIBL
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Commodities
- Share CFDs
- Indices
- Futures
- ETFs
- Cryptocurrencies
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Raw | $0 | 0.0 | 1:1 to 1:500 |
| Standard | $0 | 1.1 | 1:1 to 1:500 |
| Pro | $0 | 0.0 | 1:1 to 1:500 |
| Cent | $0 | 0.0 | 1:1 to 1:500 |
| Premium | $0 | 0.0 | 1:1 to 2000:1 |
Fees and costs
At Vantage, the ECN accounts can start from the lowest possible spreads: 0.0 pips, while the Standard account will remain thin; parts of all fees are excluded from these. But instead, $3 per each side per lot will be charged in Raw ECN accounts. Swap fees are charges on overnight positions, and information on rates is available on the website. Swaps are not charged on Islamic accounts. Inactivity fees are an encouragement for traders to keep trading active and take good care of their accounts.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
Does the firm have licenses?
What are the trading platforms available?
What is the minimum that one must deposit, henceforth, in order to open an account?
What types of accounts does the company provide?
What kind of charges are levied, and what kind of tariff is slapped on transactions?
What is the leverage it offers from that upper limit?
Are demo accounts provided?
How do I get in touch with customer care?
Where this broker is ranked
Reader reviews
Nisha
Feb 9, 2025
Title: Caution: Disappointing Experience with Vantage I recently had a troubling experience with Vantage that I feel compelled to share. I signed up for their one-year account management service, hoping for a positive outcome. Unfortunately, things took a turn for the worse. My initial investment of $2,500 vanished in just one day. Despite the market showing signs of buying opportunities, my account manager continued to make selling decisions that didn't align with market trends. Moreover, I noticed discrepancies in transaction records, with some trades not appearing in my history. Profitable trades were left open, only to be closed at a loss. Communication with my account manager became impossible as my messages and calls went unanswered. After being advised to deposit more funds, I did so, only to see my balance wiped out once again. Trades were closed without any margin calls, leaving me perplexed and frustrated. I strongly advise others to exercise caution when considering Vantage. My experience suggests that their practices may not be in the best interest of their clients.
Neil
Feb 9, 2025
Vantage is an excellent choice for anyone interested in the forex market. Based in Australia, they provide a sense of security and reliability. I appreciate how efficiently they handle deposits and withdrawals, and their prompt responses to inquiries are commendable.
Huw
Feb 9, 2025
I've generally had a positive experience using Vantage for forex trading, as the platform is efficient and offers some really useful account features. However, I’ve been quite disappointed with their customer service. When I submitted two support tickets, it took over a week to receive any response. Additionally, the phone number listed on their support page seems to be non-functional. This isn't just my issue; many members of my online copy trading community have reported the same problem. It makes me question the purpose of listing a phone number that doesn’t work. Is it merely for appearances? Furthermore, several of us have encountered issues with the live chat feature. After waiting in the queue for 10 to 20 minutes, we often reach the front only to be met with a message stating that the chat isn't available and to try again later. This is incredibly frustrating. Vantage, while your platform itself is impressive, your customer support needs significant improvement. Please address these issues.
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