Vantage Review
4.3
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89 % 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.
Vantage Broker is a renowned online brokerage platform that has been gaining significant attention in the financial industry. With a commitment to providing a reliable and user-friendly trading experience, Vantage Broker aims to cater to both novice and experienced traders.
Vantage Broker's trading platform impresses with its intuitive design and user-friendly interface. The platform is accessible through web browsers and mobile applications, ensuring convenience and flexibility for users. The clean and organized layout allows traders to navigate seamlessly through various sections, enabling effortless execution of trades, monitoring of positions, and accessing comprehensive market analysis tools.
Vantage Broker places great emphasis on delivering speedy and reliable trade execution. The platform's advanced technology and robust infrastructure contribute to low latency and minimal slippage, ensuring that traders can enter and exit positions efficiently. This dedication to execution speed is particularly beneficial for traders who rely on short-term trading strategies or frequently engage in high-frequency trading.
Vantage Broker has established itself as a reputable online brokerage platform that offers a reliable and user-friendly trading experience. With its intuitive platform, diverse range of tradable assets, fast execution speeds, robust security measures, and comprehensive educational resources, Vantage Broker caters to the needs of both beginner and advanced traders. Whether you are looking to explore the forex market, trade stocks, or venture into cryptocurrencies.
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Fast and user friendly account opening
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No inactivity fee
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No withdrawal fee
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Negative balance protection
Overview
Year founded
Minimum deposit
Withdrawal fee amount
Available Offerings
Platforms available
2009
50$
0$
Forex, CFD, Crypto
Desktop, Mobile, Web
Account Opening
Opening an account on Vantage is a seamless and swift process, fully conducted online with low minimum deposits for STP and ECN accounts. Vantage offers a demo account with 100,000 virtual currency, lasting for 30 days. However, if you have a live account, there is no expiration. The Vantage demo account allows trading in Forex, Shares, ETFs, Indices, Commodities, and Bonds. There are four types of accounts available: STP account (1.0 spread, $0 commission, $50 minimum deposit), Raw ECN account (0.0 spread, $3 commission, $50 minimum deposit), Pro ECN account (0.0 spread, $1.5 commission, $10,000 minimum deposit), and swap-free or Islamic STP and ECN accounts. It's important to note that Vantage also accepts corporate accounts. In such cases, their support team will reach out to you with the necessary forms. Vantage welcomes customers from around the world, except for some specific exclusions like the USA. The account opening process is quick, easy, and user-friendly. Verification time is swift once you complete the following steps: 1. Provide your name, email, and phone number. 2. Submit additional required personal data and answer questions regarding your financial status and trading experience. 3. Choose a trading platform, account type, and account base currency. 4.Verify your ID and residency. For ID verification, you can upload a national ID, passport, or driver's license. Residency can be verified using utility bills or bank statements.
Safety
Vantage operates under the regulation of multiple authorities and ensures negative balance protection for its clients. However, it's important to note that investor protection is specifically applicable within the United Kingdom, and the broker is not publicly listed. Vantage is regulated by three authorities, namely the Australian Securities and Investments Commission (ASIC), the Vanuatu Financial Services Commission (VFSC), and the Financial Conduct Authority (FCA) of the United Kingdom. As part of its commitment to client security, Vantage offers negative balance protection, which means that if the balance in your account falls into the negative, you will be safeguarded from further losses. It is worth mentioning that Vantage is not listed on any stock exchange and does not disclose its financial information to the public. Established in 2009, Vantage is headquartered in Australia.
Risk Disclaimer
Trading securities carries a significant level of risk. When it comes to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is substantial exposure to various risks. These risks include, but are not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility. They can have a significant impact on the price or liquidity of a currency or related instrument. It is important to note that the methods, techniques, or indicators provided in these products may not necessarily yield profits, and there is a possibility of incurring losses. For more information on the risks associated with forex trading, please refer to further resources.
Summary
Vantage is a reputable forex and CFD broker that adheres to stringent regulations imposed by leading financial authorities. One of its notable advantages is its competitive forex rates and minimal non-trading fees.
The account opening process at Vantage is hassle-free, and the deposit and withdrawal procedures are generally free of charge, ensuring a seamless experience for clients.
However, it's important to note that Vantage has a restricted product range, primarily focusing on forex, CFDs, and cryptocurrencies. Additionally, its services may not be available to customers worldwide, and the broker is not publicly listed on a stock exchange. Furthermore, Vantage does not provide public access to its financial information.