Online Trading

Vantage Review

3.6/5

Vantage was conceived in 2009 and is currently owned and overseen by Vantage International Group Limited. Regulated by the Cayman Islands Monetary Authority (CIMA), the broker offers a wide range of financial instruments such as foreign exchange pairs, indices, energies, soft commodities, precious metals, cryptocurrencies, and share CFDs. At present, this online trading ecosystem is home to more than 130,000 active client accounts.

The minimum deposit of $200 needed to trade on the platform is on the higher side, however, the broker does not charge any deposit fees, ensuring that clients maximize the value of their account funding. Deposits are accepted using various methods, including Credit Cards, Debit Cards, Wire Transfers, PayPal, Skrill, Union Pay, Neteller, SticPay, and BitWallet. Beyond funding, an attractive value proposition is the high degree of leverage offered which can stretch as high as 500:1 depending on the asset class.

One of the unique features of Vantage is the PRO Trader Tools available to clients who fund accounts in excess of $1000. These tools help investors track over 35,000 tradable assets from around the world. It also grants users access to a premium economic calendar. Furthermore, all customer funds are held in segregated accounts, thereby ensuring a greater degree of security.

Continue Reading keyboard_arrow_down

Vantage Pros & Cons

Pros

  • Excellent value-added trading tools and services
  • Very narrow spreads and low commissions
  • Intuitive mobile app with extensive functionality
  • Strong range of asset classes available
  • Extensive incentives and rebates

Cons

  • Larger starting deposits
  • Not available to US-based investors

Who Is Vantage Recommended For?

Vantage is recommended for traders who want to keep up-to-date about unfolding market developments and leverage these opportunities by making rapid investment decisions. This is all thanks to the broker’s excellent trading support. Its PRO Tools provides the latest news, trading signals, and analyst views for 35,000 securities, delivering significant value for traders who prefer wide access to information. Accordingly, the platform is ideal for intermediate and advanced traders.

Moreover, the platform is recommended for traders who are willing to invest large sums and are confident in their trading abilities. Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting offerings to its users, thereby making it easier for investors to hone their decision-making process.

Top Vantage Features

  • Excellent Trading Support: Some of the value-added tools offered by Vantage include Market Buzz AI-based market news coverage, featured ideas, analyst views, advanced video tutorials, SmartTrader tools, as well as an elaborate economic c The broker ensures that its customers have all the right tools at their disposal while they are investing their money.
  • Advanced Trading Platforms: Vantage's platform offerings feature MetaTrader 4, MetaTrader 5, a web-based platform, and a proprietary app which provide a great degree of flexibility. In addition, the broker offers three social trading platforms to its users including ZuluTrade, MyFXBook, and DupliTrade.
  • Wide Range of Asset Classes: Clients can choose from forex pairs, major global indices, energy products, soft agricultural commodities, precious metals, cryptocurrencies, and share CFDs. In total, there are more than 300 instruments available from Vantage for trading.
  • Extensive Bonuses and Promotions: Another great feature is the extensive bonuses and promotions for users. Beyond a generous 50% welcome bonus for users, the broker encourages referrals with an added bonus, offers trading volume rebates, and equity rebates.

Vantage Overview

  • Type of Broker Non-Advisory/Executionary Broker (ECN/STP)
  • Regulation & Licensing Cayman Islands Monetary Authority (CIMA)
  • Clients Accepted from All countries except Afghanistan, Belarus, Burma, Burundi, British Columbia (Canada), Canada, Central African Republic, Democratic Republic of the Congo, Egypt, Eritrea, Iran, Iraq, ISIL (Da'esh) & Al-Qaida, Lebanon, Libya, Mali, North Korea, Republic of Guinea, Republic of Guinea-Bissau, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Ukraine, United States of America, Venezuela, Yemen, and Zimbabwe
  • Assets Offered Forex, Indices, Commodities, Share CFDs, Cryptocurrencies
  • Platforms Available MetaTrader 4, MetaTrader 5, Web-based Platform, Proprietary App, ZuluTrade, MyFXBook, DupliTrade
  • Mobile Compatibility Android and iOS
  • Payment Types Accepted Credit Cards, Debit Cards, Wire Transfers, PayPal, Skrill, Union Pay, Neteller, SticPay, BitWallet

Vantage Compliance & Regulation

The broker is based in the Cayman Islands and regulated by the Cayman Islands Monetary Authority (CIMA). The broker is covered under the Securities Investment Business Law (SIBL) and is fully compliant with all the regulations laid down by local authorities. Apart from CIMA, Vantage is not licensed by any other regulatory body.

The broker protects client funds by storing them in segregated accounts that are kept separate from operational accounts. Vantage also offers indemnity insurance that covers the work done by its representatives, employees, and other authorized individuals. However, the broker currently does not insure its client funds.

Vantage Pricing

To provide each trader type with an account that matches their needs, Vantage offers a varied pricing and fee schedule depending on user priorities. The straight-through processing order execution (STP) account and Islamic account incur no commissions with spreads that start at as low as 1.4 pips. There is a small administration fee assessed on each trade for Shariah-compliant Islamic account holders. On the other side, the ECN account types feature raw spreads from 0.0 pips that incur commissions of $3 per trade for the lower tier account and $2 per trade for the higher tier account.

Overall, the broker's pricing schedule is designed to ensure that its users are able to maximize their earnings by minimizing commissions and spreads. The broker also offers a high degree of leverage in all of its account types, which can prove to be highly beneficial for its users. Moreover, the broker does not charge any fees for depositing funds in the platform. Finally, it offers a 50% deposit bonus to its users along with volume rebates and other rebates.

Vantage Reliability & Security

To give users a choice of trade execution platforms, Vantage makes multiple options available. In addition to a web-based platform, the broker supports theMetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile app. This iOS and Android compatible app can handle every account function from onboarding and funding balances to news access and trade execution.

Beyond the trading platforms, the broker also offers three social platforms to its users to help newcomers or more passive investors gain exposure to global financial markets by mirroring the strategies of proven professionals and experts. These three include ZuluTrade, MyFXBook, and DupliTrade.

Overall, the broker's trading platforms operate flawlessly, and we did not encounter any issues when testing their functionality. The range of platforms offered by the broker is among the best in the industry. All of the broker's platforms are equipped with extensive trading support, ensuring that all its users are kept up to date about the markets.

Vantage has also been awarded numerous industry accolades years thanks to its dedication to providing value-added services, fast trade execution, low costs, and excellent support. Some of the titles awarded to the broker include the following:

  • Financial Trading Services Provider of the Year, by M&A Today 2020
  • Best MT4/MT5 Broker, by Global 100 2020
  • Lowest Trading Costs, by Global 100 2020
  • Financial Trading Services Provider of the Year, by CV Magazine 2019
  • Financial Trading Services Provider of the Year, by FinTech Awards 2018
  • Financial Trading Services Provider of the Year, by Global 100 2017
  • Best ECN Broker, by ForeX 2016
  • Best IB Broker, by ForeX 2016
  • Best Customer Support, by ForeX 2016

Vantage User Experience

Vantage delivers a great user experience that is intuitive and feature-rich. The broker's platforms are full of useful functionality that benefits users. The advanced charting tools can help clients analyze financial markets in real-time. Additionally, the inclusion of an advanced economic calendar is extremely helpful for pinpointing times when market volatility may climb.

For traders who prefer to employ algorithmic trading strategies, the availability of VPS services ensures that investors can gain access to lightning fast trade execution with minimal latency. Investors are also allowed to hedge positions, adding to the strategy potential available through the Vantage services.

Beyond excellent trading services, education is a serious focus for Vantage, evidenced by its inclusion of manuals and tutorials for all the platforms along with courses designed to teach users about the fundamentals of investing. This takes the shape of video and articles designed to educate clients on market basics along with guides on using the value-added tools that accompany accounts.

Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute. Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users.

Should traders encounter any questions or challenges, Vantage provides excellent customer service to help users overcome these issues. The broker's customer service team can be reached by email, chat, or phone. Furthermore, customer support is available in a range of languages, making it even easier for users to communicate in their preferred tongue. It is also worth noting that the broker's customer service team is reachable during trading hours, 24-hours a day, 5-days a week to ensure timely support.

Final Thoughts on Vantage

Overall, Vantage is among the better brokers operating in the market thanks to its dedicated efforts to deliver excellent added-value for clients. It offers a good range of financial instruments while also providing exceptional trading tools designed to help users maximize their experience. Moreover, the broker's fees and commissions schedule is very straightforward while emphasizing speedy execution.

Although the broker is not regulated outside of the Cayman Islands and does not accept clients from key countries such as the US, it delivers a regulated experience designed to protect client funds through the use of segregated accounts. Overall, Vantage offers an award-winning trading ecosystem designed to maximize investor results with the tools needed to spot unfolding market opportunities and the rapid execution required to capitalize on them.

Trading Platform Screenshots

  • Image of the forex pairs available from the Vantage FX platform. The broker grants its users access to trading more than 40 forex pairs.
  • Image of the account registration process for Vantage FX highlighting the key steps that users need to access the platform’s services.
  • Image highlighting Vantage FX's web platform and its key features. Moreover, the mobile platform is fully compatible with both Android and iOS operating systems.
  • Image of the Vantage FX websitedisplaying useful information about the key features available from the platform and accompanying services.
  • Image of the bonus arrangement that is offered by Vantage FX. This offering empowers customers to add 50% extra to their account balance after the first deposit.

Contact Info

laptop Website: www.vantagemarkets.com
laptop Email: support@vantagemarkets.com

Vantage FAQs

Q: Can I register for a demo account?
A: Yes, the broker allows its users to register for a demo account in order to test out its key features. You simply need to visit the Vantage website and fill in your basic details in order to activate the demo account. These demo accounts are compatible with all account types offered by the broker.

Q: Are US citizens permitted to register for Vantage?
A: As of now, US citizens are not permitted to register for Vantage. This is because of the fact that the broker is not regulated in the US market. Nevertheless, the broker accepts clients from all over the world with the exception of a few countries.

Q: What are the different account types offered by Vantage?
A: As of now, Vantage offers four major account types. These include the RAW ECN Account, the Standard STP Account, the PRO ECN Account, and the Islamic Account. Each of these accounts has its own set of unique features and benefits.

Q: Does Vantage offer mobile trading?
A: Vantage allows traders to invest using their mobile phones. The broker's platforms are fully compatible with devices running both Android and iOS operating systems.

Q: Will my funds be secure with Vantage?
A: Vantage ensures that all client funds are kept in segregated accounts. This means that the company's employees do not have access to client funds. However, the broker does not insure its client funds.

Disclaimer: The contents of this page or available via this page (""Contents"") are provided by third parties and do not constitute an endorsement by FUSION MEDIA of the Contents or products of such third parties. FUSION MEDIA has no control of the Contents, is not responsible for their accuracy, availability or legality and hereby disclaims any responsibility for the Contents. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. Please also refer to our Risk Warning. FUSION MEDIA disclaims any liability for any damage or loss caused in connection with the use of or reliance on any Contents

close