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Vantage Broker Review

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Founded in 2009, Vantage is a leading Forex broker, regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). The Group also has an entity regulated in the U.K. by the Financial Conduct Authority (FCA) under Vantage Global Prime LLP.

Based in Australia, if offers an extensive range of tradeable assets and CFD's to clients supported by access to MetaTrader 4 and MetaTrader 5. It also offers ProTrader, WebTrader, Social Trading, ZuluTrade, My FXBook autotrade, DupliTrade platforms and leverage of up to 1:500. 

It has won 30 industry awards. The Broker was recently recognised as the Best Retail CFDs Broker at the Finance Magnates London Summit 2022.

Offering of Financial Investments

Vantage offer over 1,000 tradeable assets, including 40+ forex pairs, indices, shares CFD's, energies, natural gases and precious metals, gold, silver, soft commodities bonds and ETF's. The company also has tier 1 liquidity. 

Vantage Trading Account Types

Vantage has a number of different account types across MT4/MT5, so the account you hold will depend on which trading software you plan to use. 

The Standard STP account is for novice traders who want simple, direct market access with no commissions.


The Raw ECN account is designed for the experienced trader who requires deep liquidity and razor-sharp spreads.

The Pro ECN is tailored for professional traders and money managers who trade high volume. 


All three accounts offer 49 currency pairs, 25 indices, 51 ETF's, 22 Commodities and 799 Share CFD's, a minimum trade size of 0.01 lot.

Spreads vary depending on the account. The Standard account spreads are from 0.1 pips and the Raw and Pro account spreads from 0.0 pips

Similarly, the minimum deposit amount varies depending on the account. The Standard and Raw account minimum deposits are from $50 USD whereas the Pro account requires $10,000 USD minimum deposit. 

Vantage Commissions and Fees

The commission charged depends on your account type. Forex traders can expect 0% commission with a Standard account, while from $3 per lot per side is charged to Raw account members and $1.5 per lot per side for the Pro members.

Vantage Platforms and Tools

Vantage offers its clients  MetaTrader 4, MetaTrader5 and WebTrader. You can also utilise a suite of trading tools including social trading, Myfxbook and more. 

Vantage Research

Housed under the education and resources tools tab, Vantage offers its clients a comprehensive range of educational materials and trading signals. There are trading glossaries, eBooks and video tutorials aimed at all levels of traders, whether you are a complete newcomer or more experienced. The Vantage Academy is also an excellent bonus, with technical analysis posts, latest updates and webinars all provided. 

Vantage Mobile App

Vantage has designed its own in-house mobile app, and this allows clients to open and close positions in a variety of markets on the go. Available on Apple and Android devices, the Vantage app delivers one-click trading and allows you to select your own favourites to accelerate the process. 

Why we like to Trade with Vantage

Vantage has low forex fees and the non-trading fees are also very favourable, there is also no inactivity fee. Scalping strategies can also be used. Opening an account at Vantage is a very user-friendly experience as the process is super-fast (under 5 minutes) and fully digital. Vantage offers a great variety of deposit and withdrawal options, and most are free of charge.

Vantage also offers an attractive introduction incentive of a 50% bonus commission on deposits with a maximum of $20,000 USD, plus the option to adjust the leverage on your account. 

Vantage also claims it's not a broker but an issuer of the product to its clients. Vantage has money-making authorisation on its license, same as all other providers, however since Vantage sources its liquidity from the top tier investment banks and other liquidity providers and offers direct access to the raw pricing to its clients with no dealing desk intervention, we consider them not to be a true market maker and their pricing model can be considered as true ECN. They make their money by applying a mark-up depending on the account that you may be trading. 

Vantage are a safe choice. Operating for 14 years, we think Vantage is a trustworthy broker, with no hint of scam or fraudulent activity. Because it is regulated this affords clients peace of mind that it is operating fairly and securely. 

"CFD's are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFD's with this provider. You should consider whether you can afford to take the high risk of losing your money".

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