Vantage Markets is a brokerage with a 4.3 out of 5 score on Google.5 trading platforms [Metatrader 4, Metatrader 5, ProTrader, TradingView, proprietary] are provided by the broker.
Vantage FX enables access to 3 options for investment and passive income purposes [ZuluTrade, DupliTrade, Myfxbook AutoTrade.]
Vantage Markets Forex Broker - Company Information & Regulation
Vantage Markets, founded in 2009 and headquartered in Sydney, Australia, has grown to become a major player in the online trading space. The company's impressive global presence is evident through its network of over 30 offices worldwide. Vantage Markets offers a diverse range of trading instruments, including forex, CFDs on indices, commodities, stocks, and cryptocurrencies.
One of the critical strengths of Vantage Markets is its robust regulatory framework. The broker holds licenses from several reputable financial authorities, including:
- Australian Securities and Investments Commission (ASIC)
- Vanuatu Financial Services Commission (VFSC)
- Financial Sector Conduct Authority (FSCA) in South Africa
Broker Summary Table
Here's a summary of the broker's key features and specifications that lets you have a glance at them:
Broker | Vantage Markets |
Account Types | Standard STP, Standard Cent, Raw ECN, Pro ECN, Swap Free |
Regulating Authorities | ASIC, FSCA, VFSC |
Based Currencies | USD, EUR, GBP, AUD, NZD, SGD, JPY, CAD, HKD |
Minimum Deposit | $20 |
Deposit Methods | E-Wallets, bank transfer, credit/debit cards, Perfect Money, local payment options |
Withdrawal Methods | E-Wallets, bank transfer, credit/debit cards, Perfect Money, local payment options |
Minimum Order | 0.01 lot |
Maximum Leverage | Up to 1:500 |
Investment Options | Copy Trading, Social Trading |
Trading Platforms & Apps | Metatrader 4, Metatrader 5, ProTrader, TradingView, proprietary application |
Markets | Forex, Indices, Commodities, Shares, ETFs |
Spread | From 0.0 pips |
Commission | From $0 |
Orders Execution | Market Execution |
Margin Call/Stop Out | 50/80 |
Trading Features | Negative Balance Protection |
Affiliate Program | Yes |
Bonus & Promotions | Deposit Bonus, Trading Championship, Vantage Rewards |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, ticket, phone, live chat |
Customer Support Hours | 24/7 |
Forex Broker Account Types
An important part of the Vantage Markets review is the accounts overview. This broker offers a range of account types to cater to traders of varying experience levels and trading styles:
- Standard STP: ideal for beginners and those who prefer a straightforward trading experience
- Standard Cent: best for traders who want to start with minimal investment
- Raw ECN: designed for more experienced traders seeking tighter spreads and faster execution
- Pro ECN: tailored for professional traders and money managers
- Swap Free: suitable for Muslim traders and those who cannot receive or pay swaps
Let's explore the main features of the account types available in the table below:
| Account Type | Standard STP | Standard Cent | Raw ECN | Pro ECN | Swap Free |
Minimum deposit | $50 | $20 | $50 | $10,000 | $50 |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Commission | $0 | $0 | From $6 per lot round turn | From $1.5 per lot round turn | varies |
Spread | From 1 pip | From 1 pip | From 0 pips | From 0 pips | From 0 pips |
Vantage Markets Pros & Cons
This broker, like any other platform or firm, brings up some benefits and risks for traders. In the table below, you will see its significant advantages and disadvantages:
Pros | Cons |
Regulated by a tier-1 financial authority | High minimum deposit for Pro ECN account |
Competitive spreads, especially on ECN accounts | No proprietary desktop trading platform |
Advanced & popular trading platforms (MT4, MT5) | Some countries restricted (e.g., US, Canada) |
Social/copy trading options available | |
Fast execution speeds |
Account Registration and Verification Guide
Opening an account with Vantage Markets is a straightforward process. Follow these steps to get started:
- Visit the official Vantage Markets website (www.vantagemarkets.com).
- Click on the "Register", then "Trade Now" button.
- Fill in the provided form with relevant information, then click on "send code".
- Enter the received code in the related field.
- Read and accept the terms and conditions, and declare that you are not a US resident by checking the box.
- Click on the "Create Account" button.
- In the form on the opened page, fill in your personal information.
After completing the related forms, click the "Verification" button to upload the required documents.
What Platforms and Applications Does Vantage Markets Provide?
Vantage Markets offers a comprehensive suite of trading platforms and applications to suit various trading styles and preferences:
MetaTrader 4 (MT4):
- Industry-standard platform
- Advanced charting and analysis tools
- Expert Advisors (EAs) for automated trading
- Available for windows, mac, and Linux
MetaTrader 5 (MT5):
- Next-generation platform with enhanced features
- More timeframes and analytical objects
- Economic calendar integration
- Available for different OSs on desktop
Vantage App:
- Proprietary mobile trading application
- User-friendly interface
- Real-time market news and analysis
- Copy Trading
ProTrader:
- Over 100 technical indicators and oscillators available on charts
- Up to 8 different time frames
- 12 different chart types for different approaches
- educational resources and real-time analysis of the market
- Economic calendar covering data from +30 countries
- Buzz meter for social media signals and insights
Commissions and Spreads
Vantage Markets offers competitive pricing across its account types:
- Standard Accounts: Spreads from 1.0 pips, no commission
- Raw ECN Account: Spreads from 0.0 pips, $6 commission per lot
- Pro ECN Account: Spreads from 0.0 pips, $1.5 commission per lot per side
It's worth noting that spreads can vary depending on market conditions and the specific instrument being traded.
Deposit and Withdrawal Methods
Vantage Markets provides a variety of deposit and withdrawal options. Pick the best one for you considering your region and conditions:
- Bank Wire Transfer
- Credit/Debit Cards (Visa, Mastercard)
- E-wallets (Skrill, Neteller, FasaPay)
- Local payment methods (depending on your region)
Copy Trade and Investment Options in Vantage Markets
Vantage Markets offers several copy trading and social investment options:
- ZuluTrade: Copy from over 10,000 high-level forex traders with ZuluGuard's advanced risk management
- DupliTrade: Use analysis tools alongside copying from experienced traders
- Myfxbook AutoTrade: Copy trades from successful signal providers with access from browsers
Additionally, you can also start copying trades on the Vantage app on mobile.
Tradable Markets and Symbols
The broker provides a high amount of instruments for trading in different asset classes. Available markets and symbols on Vantage Markets:
- Over 40 Forex currency pairs
- Shares
- Commodities
- ETFs
- Indices
- Bonds
- Energy Sources
Bonus and Promotions
Bonuses could be considered an important part in Vantage FX review. This broker occasionally offers bonuses and promotions to attract new clients and reward existing ones. Some of their recent offerings include:
- Deposit Bonuses: Percentage-based bonuses on deposits (subject to specific terms and conditions)
- Trading Contests: Periodic competitions (such as Trading Championship 2024) with cash prizes,typically based on trading performance or volume
- Vantage Rewards: Missions and Challenges with vouchers as rewards, based on a tier system for reward levels
- Referral Programs: Up to $100 for introducing new clients to Vantage Markets
It's important to note that bonus offerings may change over time and are subject to specific terms and conditions. Traders should always read the full terms before participating in any promotional offer.
Support and Customer Services
Vantage Markets provides customer support through various channels:
- 24/7 Live Chat: Available directly on the website
- Email Support: support@vantagemarkets.com for non-urgent inquiries
- Phone Support: Local numbers available in multiple countries
- FAQ Section: Comprehensive answers to common questions
- Ticket System: Claimed response time within 1 working day
Restricted countries
Let's examine the banned countries list as a part of the Vantage FX review. The broker does not offer its services to residents of certain countries due to regulatory restrictions. As of the latest information, the following countries are restricted:
- United States
- Canada
- China
- Romania
- Singapore
- Poland
- Ukraine
- Iran
- Iraq
- Russia
- Cuba
- North Korea
- Australia
- Afghanistan
It's important to note that this list may change over time, and traders should always check the most up-to-date information on the Vantage Markets website or contact customer support for clarification.
Trading and Analysis Tools
Vantage Markets provides a range of trading and analysis tools to support traders:
- Economic Calendar: Real-time updates on important economic events
- Client Sentiment: Works as a gauge for traders and shows the percentage of buyers vs. sellers for each instrument
- Trading Central: Technical analysis and trading signals, free daily signals
- Risk Management Tools: Stop-loss and take-profit orders, trailing stops, and guaranteed stop-loss orders (on select instruments)
- VPS Hosting: Virtual Private Server for stable automated trading, faster execution and reduced latency for trades
Trust Scores
Trust scores for the mentioned broker vary across different review platforms:
- Trustpilot Users: 3.4/5 stars, 23% 1-star reviews (based on over 3,200 reviews)
- REVIEWS.io User Rating: 4.9 out of 5
Users have mentioned the low spreads, the high quality of customer services, and fast deposit and withdrawal as its strong points.
Vantage Markets Education
You can find a decent range of resources and materials for education from this broker:
- Articles: Comprehensive articles on various trading topics, suitable for beginners and intermediate traders
- YouTube Videos: News and analysis on financial markets
- Webinars: Live and recorded sessions with market experts, covering topics from basic concepts to advanced strategies
- Glossary: Extensive list of trading terms and definitions
- eBook: Educational books on financial markets with the goal to help users start trading
Conclusion and Final Words
Vantage Markets company has three main offices in Vanuatu, South Africa, and Australia. In recent years, it has received several awards, including Best Trading Experience, awarded by the Ultimate Fintech Awards 2024, and Most Trusted Broker, awarded by the Professional Trader Awards 2023.
