Vantage review
Vantage
Vantage is a reputable global Forex and CFD broker that caters to both retail and institutional traders. Established in 2009, the broker has garnered popularity among traders by providing professional customer service that is available 24/7. Vantage offers access to a wide range of asset classes, ensuring diverse trading opportunities. The broker understands the unique needs of traders and offers various account types to accommodate different trading styles.
One notable advantage of Vantage is its support for multiple MetaTrader platforms, allowing traders to choose their preferred trading environment. Furthermore, Vantage stands out by providing numerous social trading options. Traders can utilize platforms such as Vantage Copy Trading, ZuluTrade, MyFXBook Autotrade, and DupliTrade to engage in social trading. This enables traders not only to copy successful traders but also to become signal providers themselves, creating an additional source of income.
Vantage prioritizes regulatory compliance and operates under the oversight of various regulatory authorities, ensuring a safe trading environment. Aspiring traders can open accounts with Vantage with a minimum deposit requirement as low as 50 USD, providing accessibility to a wide range of traders.
The broker offers multiple account types, including Standard, Raw, and Pro, catering to different trader preferences and needs. Additionally, Vantage provides demo accounts for traders to practice their strategies and swap-free accounts for those requiring Islamic finance-compliant trading options. Importantly, Vantage safeguards its clients through Negative Balance Protection and is a member of a traders compensation scheme, offering additional security and peace of mind.
In summary, Vantage is a reputable Forex and CFD broker that serves retail and institutional traders globally. The broker distinguishes itself through its round-the-clock professional customer service, access to diverse asset classes, and extensive social trading options. With strong regulatory oversight, low minimum deposit requirements, and a range of account types, including demo and swap-free accounts, Vantage caters to the needs of various traders. The provision of Negative Balance Protection and membership in a traders compensation scheme further enhances the safety and security of trading with Vantage.
Countries
Albania, Algeria, Andorra, Angola +150 more
Regulations
ASIC, FSCA, VFSC
Account currencies
AUD, CAD, EUR, GBP +6 more
Assets
Bonds, CFDs on Stocks, ETFs, Energies, Indices, Precious metals, Soft Commodities
Platforms
MT4, MT5
Deposit methods
Bank Transfer, Boleto, Credit Card, Neteller, Skrill, UnionPay
Others
Segregated accounts, Copy trading, Demo account, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, Part of compensation scheme, Provides webinars and seminars, Signals, STP, Swap-free
Promos
Deposit bonus
Visit brokerVantage offers a maximum leverage of 500:1, although it's important to note that the actual leverage available may vary depending on the trader's country of residence. The broker is regulated by reputable bodies, including the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Vanuatu Financial Services Commission (VFSC).
Clients of Vantage have access to a diverse range of trading instruments. This includes 49 currency pairs, 25 indices, 51 ETFs, 22 commodities, and over 800 share CFDs. Such variety provides ample trading opportunities across different markets.
To cater to the needs of different traders, Vantage offers various account types. The Standard account features no commissions, with trading fees integrated into the spreads. Spreads on EUR/USD start from 1 pip, making it suitable for beginners and less active traders such as swing and position traders. The minimum initial deposit requirement for the Standard account is only 50 USD, ensuring accessibility for traders at different levels.
For active traders, the Raw account is a better fit, offering raw spreads. While there are commissions charged on this account type, the fee of 3 USD per lot per side is competitive compared to other brokers. The Raw account can be opened with a minimum deposit of 50 USD.
The Pro account is designed for VIP traders, with a higher minimum initial deposit requirement of 10,000 USD. This account type eliminates spread markups, providing traders with direct access to raw spreads. However, traders using the Pro account are subject to a commission of 1.5 USD per traded lot per side.
In summary, Vantage offers flexible leverage options and is regulated by reputable authorities. Traders benefit from a wide range of tradable instruments across various markets. The broker caters to different trading styles with its account types, including the Standard account for beginners and less active traders, the Raw account for active traders with competitive commissions, and the Pro account for VIP traders seeking direct access to raw spreads. Opening an account with Vantage is accessible, with varying minimum deposit requirements depending on the chosen account type.
