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Vantage Review: Forex Broker & Trading Markets | Legit or a Scam

Vantage broker
Score

3/5

Min Deposit

$50

Min Spread

Variable

Regulation

ASIC

Max Leverage

N/A

Positive Ratings
70%
Neutral Ratings
20%
Negative Ratings
10%

Company Summary

Aspect Information
Registered Country/Area Australia
Founded Year 2009
Company Name Vantage
Regulation ASIC
Demo Account Available
Minimum Deposit $50
Maximum Leverage Not Specified
Spreads Variable spreads
Trading Platforms Pro Trader, MetaTrader 4, Trading View, and MetaTrader 5.
Customer Support Email, Live Chats, Phone, Contact Forms
Payment Methods Not Specified

Vantage Overview

Introduction

Vantage is an established trading platform known for its trading platforms and user interfaces. The platform provides traders with various trading opportunities. They help you learn and practice trading skills. Vantage is a well-regulated trading platform that enhances security. The platform also provides transparency and a clear trading process making it seamless for the traders.

This Vantage review will discuss the key features of the platform along with advanced trading tools. It will include account types, assets, fees, security, and customer support. Lastly, this review will help you understand whether the platform is legitimate.

Vantage Overview

Vantage is an equipped trading platform offering various trading products and account types. It is a well-regulated online trading platform that provides a secure trading atmosphere. The platform offers advanced tools like Economic Calendar, Market Analysis, Forex VPS, and Trading Signals. These tools help enhance the trading process.

Additionally, Vantage provides traders with learning resources for a better understanding. It operates on Vantage App, MetaTrader 5, MetaTrader 4, TradingView, and ProTrader platform. The multiple platforms cater to different trading needs of the investors.

Trading Instruments By Vantage

Vantage offers multiple trading products to invest in. The platform allows traders to invest according to their goals and conditions. These allow traders to build an enhanced portfolio. The top trading products you get access to are:

Forex

The platform provides numerous currency pairs including major, minor, and exotic. Traders can access over 40 currency pairs, with tight spreads and low costs.

Shares

The platform allows traders to invest in global stock exchanges. The platform provides access to popular stocks. Also, the platform offers risk management tools for the users.

Indices

The platform allows trades to invest in Indices CFDs. It provides market diversification helping traders make informed decisions. The platform offers negative balance protection for your funds.

Commodities

The platform offers to trade in raw materials, agricultural products, and more. These include oils, oils, and other products. Traders can invest in them without physically buying them.

Trading Instruments By vantage

If you want to Check out other similar Brokers, you can go for SmartSTP, Capitalix and TradeEU Global.

Account Types Offered by Vantage

Vantage offers multiple account types for traders, from beginners to advanced professionals. These accounts are:

Standard STP Account

These accounts are perfect for beginners. The accounts offer commission-free trading and competitive spreads.

RAW ECN Account

These accounts are perfect for traders high level of experience. The account provides free technical analysis and expert advice for traders.

Pro Account

These accounts are designed for traders with high budgets. The account has a high minimum deposit of over 10000 dollars.

Cent Account

This account provides traders with low spreads and low commissions. These accounts offer low commissions and competitive prices.

Apart from these, the platform provides demo accounts for traders. It helps traders practice trading skills and strategies. The demo accounts provide virtual funds to be invested in the real-time market.

Account Types Offered by Vantage

Withdrawal and Deposits

Vantage supports a wide range of deposit and withdrawal methods to facilitate ease of access:

Bank Transfers

Suitable for larger transactions on the platform. The transaction process takes a few business days.

Debit/Credit Cards

A quick and convenient deposit method, typically processed instantly.

E-wallets

For instant or quick transactions, the platform provides access to e-wallets.

Additionally, the multiple payment options increase the chances of a potential client base. Traders can complete their transactions with smooth processes. Overall, the platform provides low minimum deposits and swap-free trading for traders.

Fees and Commission

Vantage operates on spread-based and commission-based pricing models, depending on the account type. Some accounts offer commission-free trading with tight spreads starting form starting from 1.0 pip.

The platform does not offer detailed information regarding the fee structure. This makes it difficult to estimate the costs.

Traders are advised to review Vantage’s detailed fee structure for full transparency.

Security and Regulations

The platform has been known to offer security to the traders. It is regulated and registered under top financial authorities to ensure security standards. ASIC is the regulatory body that keeps your account safe.

Additionally, the platform offers segregated accounts. This helps keep clients’ funds separate from the organization’s funds.

Customer Support

Vantage offers reliable customer support to address the needs of its clients:

Live Chat

Traders get access to real-time communication with the support team. It helps resolve issues related to trading, accounts, and management.

Educational Resources

Vantage is a trading platform that also provides learning resources. They get access to multiple resources like webinars, tutorials, and events.

Email and Phone Support

Vantage provides traders with email via support@vantagemarkets.com. It offers traders multilingual support via +1 (345) 7691640 phone call.

Email and Phone Support of Vantage Broker

Is Vantage a Scam?

Vantage is a well-regulated trading platform that ensures secure trading practices. It is regulated by ASIC, a financial authority. The platform provides a user-friendly interface for traders with different trading goals.

Overall, Vantage is a legitimate trading platform. It provides traders with a secure and credible trading environment.

Conclusion

Vantage offers traders multiple trading instruments and account types. The platform is regulated by top-tier authorities. They ensure that the platform adheres to the industry standards for security.

The platform is designed for a seamless experience.

Vantage is known to offer traders a variety of trading platforms and mobile applications. This makes it easier for investors to check their trades on the go. Overall, Vantage offers multiple features making it a legitimate trading platform.

  • Various Financial instruments
  • Multiple Account Types
  • Well-Regulated Platform
  • Limited Transaction Information
FAQs

FAQs

What trading platforms does Vantage offer?

Vantage offers multiple trading platforms like MT4, MT5, Pro Trader, Trading View, and Mobile applications.

What is the minimum amount required for a Vantage account?

The minimum amount varies for different account types. This starts from 50 USD.

Does Vantage charge commissions on trades?

Yes, the platform incurs commissions for different types of trading accounts. This varies from account to account.

How long do Vantage withdrawals take to process?

The withdrawals at Vantage can take around three business days. This can depend on the type of payment method.

Is Vantage regulated?

Yes, the platform is regulated and registered under top trading authorities. These help keep the platform safe.

Does Vantage offer a demo account?

Yes, the platform does offer demo accounts for practice and beginners. These help in trading without any risks.

Are there any inactivity fees?

There is no specific information regarding the inactivity fees. This makes it difficult for traders to estimate costs.

Can I invest in cryptocurrencies on Vantage?

No, the platform does not offer trading in digital currencies. This eliminates the traders with similar interests.

Does Vantage offer Islamic accounts?

Yes, the platform offers swap-free trading accounts. These are aligned to the Shariah Law for Islamic traders.

What leverage does Vantage offer?

The platform offers a maximum leverage of 1:500. This changes for different account types and assets.

Trusted Score

4.1/5

Trusted Score

4.2/5

Trusted Score

4.5/5

Trusted Score

4.8/5