- Low forex spreads (ECN account)
- Tier 1 regulated broker (FCA & ASIC)
- Over 1,000 instruments to trade
73.46% of retail CFD accounts lose money
Overview
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Broker Name:Vantage
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Type of Broker:Forex / CFD Broker
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Minimum Deposit:$50 (£200 UK)
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Demo Account:Yes
Vantage Review 2024
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Founded: | 2009 | Platforms: | MT4, MT5, Web based, iOS and Android |
Regulation: | ASIC, CIMA,FCA, and FSCA | Social Trading: | Yes |
Headquarters: | Australia | Max. Leverage (Retail): | 1:30 (UK-AU) / 1:1000 |
Education: | Yes | Max Leverage (PRO): | 1:500 (UK-AU) / 1:1000 |
Segregated Accounts: | Yes | Average Execution: | Between 0.1 - 0.25 sec |
Balance Protection: | Yes | Accounts: | Demo, Standard STP, RAW ECN, Pro, Islamic |
Instruments: | Forex, CFDs (shares, commodities, indices, ETFs and crypto*) |
EUR/USD Spreads: | From 0.0 | GBP/USD Spreads | From 0.5 |
EUR/GBP Spreads: | From 0.1 | AUD/USD Spreads: | From 0.13 |
Inactivity Fee: | No |
Account Funding:
Withdrawal methods:
Founded in 2009, Vantage (formerly known as Vantage FX) has earned a reputation for introducing cutting-edge trading technology in the Australian market. With headquarters in Sydney, Vantage is the brand of Vantage Global Prime Pty Ltd, ACAN 140 903 886, and they fully comply with the Australian Securities and Investment Commission (ASIC) under AFSL No 428901.
As a prominent broker, Vantage maintains good relationships with top banks and liquidity providers, which enables them to offer a very competitive trading environment in terms of low spreads and fast order executions.
Vantage operates from its office in Sydney located at Level 29, 31 Market Street, NSW 2000, Australia.
What is Vantage UK?
In October 2017 Vantage FX acquired Atom8 Financial Services LLP, and now they are regulated by the Financial Conduct Authority (FCA) in the UK, and it has proved to be capable of contending with some of the much larger and reputable brokers in the United Kingdom.
How does Vantage work?
It is rather easy to start trading with Vantage, as they only require a $50 (£200 UK) minimum deposit to start trading if you want to open their Standard STP account. However, you will need to make a minimum deposit of $10,000 ( £500 UK ) to trade using their PRO ECN account in order to enjoy the best fees and spreads.

Regulation & Trust
Is Vantage a legit and regulated broker?
Yes, they are a reputed Australian forex brokers regulated by the Australian Securities and Investments Commission (ASIC – AFSL registration number 254963 as Vantage Global Prime Pty Ltd. Also, they are authorized and regulated in the United Kingdom by the Financial Conduct Authority (FCA – FRN: 590299) as Vantage Global Prime LLP.
Besides the ASIC and FCA regulations, they are regulated in Cayman (CIMA) to offer their services to traders around the world.
Trading Platforms & Tools

Does Vantage use MetaTrader?
Like most modern Forex brokers, Vantage has focused on delivering a reliable web-based trading platform to their clients. Hence, besides giving access to the MetaTrader 4 & 5 Desktop applications, it also offers the WebTrader platform for traders that can be accessed from virtually any modern web browser.
Unlike other HTML5-based web traders offered by other brokers, the MetaTrader Web version looks and feels exactly like the Desktop version. So, traders don’t need to learn how to operate a new application and can get down to the business of trading with the familiar interface of MetaTrader on the web.
As you can guess by now, Vantage also has a licensed version of MT4 & 5 mobile apps for both Apple and Android mobile phones for busy investors who need to trade Forex on the go.
Instruments
How many assets can be traded at Vantage?
Besides Forex pairs, They also offer a range of assets, including Indices and Commodities for trading.
Under Forex, around 40 currency pairs are available for trading, which covers almost all major currency pairs, including the most popular minors and exotic pairs.
Under indices, they offer some of the most popular international indices, including the Nikkei 225, Bombay 30, DAX 30 Future, FTSE 100 Future, DUBAI Index, NASDAQ 100, and S&P 500 Future.
Under commodities, Vantage offers the largest collection of assets compared to other Forex brokers, including Oil, Gold, Silver, Gas, etc.
Cryptocurrencies
Vantage now is offering cryptocurrency trading on MT4/MT5. Trade the leading cryptocurrencies ( Bitcoin, Bitcoin Cash, DASH, Ethereum, Litecoin and Ripple ).
Trading Conditions
What are the Vantage Spreads?
We found the FX RAW ECN spreads offered by Vantage is one one of the lowest in the forex industry. After all, a 0.0 pip spread is the lowest one can wish for, however, their spreads average in their Standard account are very high.
What are their fees and commissions?
As far as broker commission is concerned, the Standard STP account holders do not need to pay commission while opening or closing a trade, but RAW ECN account holders are charged a flat $3.00 per standard lot.
What is their max leverage with Vantage?
All three accounts come with up to 500:1 leverage and traders can trade as low as 0.01 lots.
Research & Education
Their education tools centre is small in comparison to other competitors.
Type of Accounts
Vantage has structured their account offerings so that it can cater to three different segments. The Standard Straight Through Processing (STP) account requires only $200 deposit and it doesn’t charge any commission to traders. On top of that, the Standard account offers AU$ 2.00 rebate per a full lot of trade!
On the other hand, the RAW ECN account requires a higher initial deposit of $500, but it offers full ECN access to traders with 0.0 pips spread. However, the RAW ECN charges $3.00 per a lot of trade.
The PRO ECN is aimed at professional traders who do a lot of frequent day-trading. While the PRO ECN requires a whopping $20,000 minimum balance, it only charges $2.00 per lot in commissions.
Forex Islamic Accounts: They provide Swap-Free Accounts?
Yes, it’s a shariah-compliant broker with certifications of Sheikh Hasan Qamra, the Chairman of the Shariah Supervisory Board
What is the minimum deposit on Vantage?
It is rather easy to start trading with Vantage, as they only require a $200 minimum deposit to start trading if you want to open their Standard STP account. However, you will need to make a minimum deposit of $50 to trade using their RAW ECN account in order enjoy 0.00 spreads
Vantage is currently offering an 8.88% per year interest on all deposits. But, to avail of this offer, customers must execute a certain amount of trades per month. In addition, they are running another offer where customers can enjoy a 10% rebate for a deposit between $1,000 and $200,000. However, this rebate would be posted to their account as credit.
Bonuses & Promotions
Current Welcome Bonus
Vantage is offering up to a 50% bonus to all new clients.
*Please check its bonus conditions on their website. Eligible countries: All except Thailand, Laos, Myanmar, Pakistan, Bangladesh, Sri Lanka, Malaysia, Philippines, Brunei, Hong Kong, Taiwan, Russia, Korea, Kazakhstan, Mongolia, Cambodia, India, Indonesia and Vietnam.
Deposit and Withdrawal Methods
In order to fund your Forex broker account with Vantage, you can use several methods, such as credit cards, direct bank transfer to their National Australia Bank (NAB) or use BPAY Net banking. Australian customers can also use POLi secure online payments from domestic banks.
International customers need to either use credit cards to make an instant deposit or use international wire transfer via SWIFT.
They also support withdrawing funds via respective deposit methods, but please keep in mind that using a credit card may incur a small charge.
Client Support
The primary email for Vantage customer support is support@vantagefx.com but if you are in a hurry and need to chat with their support agents, a live chat option is also available on their website.
Moreover, if you would like to call their phone support, you can dial +44 207 100 8625 to reach their support desk in the United Kingdom.
For more immediate need, in Australia, you can call their customer support at 1300 945 517 during office hour during the workweek (Monday to Friday).
Conclusion
With some of the lowest spreads offered in the Standard STP account, Vantage could compete with any Forex broker in the UK in terms of pricing. However, their value proposition becomes more interesting if you are a serious trader and want an ECN account. As Vantage maintains a close relationship with major liquidity providers, their ECN trade execution is top of the line.
If you are shopping for a new Forex broker, Vantage could provide you with a one-stop solution to all your trading needs.