Vantage Review 2023

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Reliable and affordable trading since 2009. Join over 900,000 others trading on 1000+ CFD products. Trade Forex CFDs from 0.0 spreads on our RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account less than 2 minutes.

BonusUp to 50%
InstrumentsCFDs, forex, indices, shares, commodities, cryptocurrencies
Demo AccountYes
Min. Deposit$200
Payment Methods
Min. Trade0.01 Lots
Regulated ByASIC, FCA, CIMA
MetaTrader 4Yes
MetaTrader 5Yes
Trading CentralNo
STP AccountYes
ECN AccountYes
DMA AccountNo
MAM AccountYes
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS, Android and Windows
Margin TradingYes
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes, via Robot
Social TradingYes
Copy TradingYes
Trade SignalsYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
Guaranteed Stop LossNo
  • Gasoline
  • Gold
  • Silver
CFD TradingYes
CFD FTSE Spread1 pt
CFD GBPUSD Spread0.0 via ECN
CFD Oil Spread2.8 pips (Var)
CFD Leverage1:500
Forex TradingReliable and affordable trading since 2009. Join over 900,000 others trading on 1000+ CFD products. Trade Forex CFDs from 0.0 spreads on our RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account less than 2 minutes.
Forex GBPUSD Spread0.0 via ECN
Forex EURUSD Spread0.0 via ECN
Forex EURGBP Spread0.0 via ECN
Forex Assets1000+
Crypto TradingYes
Crypto SpreadFloating
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • ADA
  • AVA
  • BTC
  • DOG
  • EOS
  • ETH
  • LTC
  • NEO
  • SHB
  • SOL
  • TRX
  • UNI
  • XRPandmanymore
Risk Warning – Your capital is at risk

One of the leading online brokers based in Australia, Vantage offers a range of trading services, enabling clients to access the international forex market. Benefiting from award-winning customer care and with a commitment to delivering fast transactions, Vantage is a significant player in the online broker arena.

Company Details

Vantage (Formerly Vantage FX) is the representative of Vantage Global Prime Pty Ltd. The company was set up in 2009 under the name of MXT Global, before being rebranded in 2015.

Registered in Australia, the site was designed primarily for an Australian audience. The brand has since grown however, and now boasts a global user base.

This is reflected in the firm being regulated in Australia via ASIC, but also by the FCA in the United Kingdom, as well as with CIMA in the Cayman Islands.

Vantage Platforms

The site uses mainly MetaTrader software, giving users access to MT4 and MT5 as well as Markettrader, Webtrader (which doesn’t require a download), TradingView, apps for mobile trading, MAM/PAMM, Zulu trading and MyFXBook Autotrade.

The mobile app is available across platforms.

There is an emphasis on robot trading, where trades are made automatically within predetermined parameters.

The new MT5 platform enables many of the popular automated investing tools and add-ons made possible by the MetaTrader community.

Trading can be accessed either wholly online or through the 24/7/365 support team. They can be contacted by phone, email or live chat.

Overall the site is fast and fairly intuitive to use. Drop down tabs give easy access to the various features and markets available.

Vantage Canada RawECN

Assets & Markets

Traders on are able to access 1000+ CFD instruments. This spans forex, indices, precious metals, soft commodities, energies, ETFs, and share CFDs. Cryptocurrencies can also be speculated on.

Spreads & Commission

Generally, Vantage is in line with most of the other key players in the online trading industry when it comes to spreads and commission rates. The Standard account does not attract a commission, but spreads are noticeably larger than those found in the Raw account (commission-based).

For the Standard account, an indicative spread of 1.4 (EUR/USD) is quoted. For the Raw account, forex spreads start from 0.0 pips, but commission is payable.

Demo and Islamic accounts are also available.

Vantage FX true ECN spreads
Vantage FX – True ECN spreads

Vantage Leverage

For Vantage, leverage ratios start at 100:1, rising to a maximum of 500:1. Access to the higher levels of leverage is limited, with only some clients and accounts being eligible. Clients who wish to access higher levels of leverage need to apply directly to Vantage.

Ratios are broadly in line with what others are offering in the industry, but traders who prefer a higher risk approach may find the 100:1 restriction constricting on occasion.

Mobile Apps

The site gives users access to the official MetaTrader apps which are available in formats suitable for both Apple and Android devices. The apps allow traders to place forex trades and to see real-time prices in the same way as they can on a laptop or desktop computer.

Traders are able to edit pending orders through the app, which is synced with a trader’s other platforms to ensure seamless activity.

Vantage trading platform Sydney

Vantage also integrated social trading into its proprietary app in 2022. This means clients can engage in standard investing plus copy trading from one application.

Aspiring traders can replicate the positions and setups of experienced investors in a few steps. Simply choose from the table of Top Traders, decide how much you want to trade, and add any risk management parameters. Lastly, select ‘Copy’ within the app.

Established investors can also harness Vantage’s social trading feature to build a following and earn commissions on copied trades. There are five levels (Explorer to Legend), with additional perks and better returns as you attract more traders.

Vantage copy trading app

Deposit And Withdrawal Payment Options

Traders can deposit funds using: Mastercard; Visa; Swift; BPay; Skrill; Poli; Neteller. Funds deposited via a credit or debit card will normally be visible in the account and ready for use within sixty seconds. Bank wire transfer or BPay deposits will normally reach the account the day after they are deposited.

Withdrawals can be made either manually or online. Withdrawals are processed daily. In most cases, if the withdrawal request is received before 1200 AEST, the withdrawal will take place the same working day. For requests received after this time, or if the volume of requests is particularly high, the withdrawal will be processed the next working day.

For Australian clients, the funds should normally be in their bank accounts by the next working day. Overseas clients may have to wait several days for the money to reach their accounts.

Demo Account Review

A fully operation demo (practice) account option is available for forex trading.

Bonus Promotions

Vantage offers free education that covers the following topics: learn Forex; webinars; MT4 manuals; MT5 manuals; MT4 videos; MT4 smart trader videos.

In addition, traders can benefit from: the site’s Forex signals via email feature; tips to boost the investing account; signals; expert advisors; free Forex VPS; economic calendar; 50% welcome bonus; MT4 indicators; Forex sentiment indicators.

Vantage fx 50% deposit bonus
Vantage 50% Deposit Bonus Offer

Regulation And Licensing

The company has a licence from ASIC, Australia’s regulatory agency for securities and investments. This is a trusted regulator and a good sign that the brokerage is legit. The company also holds a license with CIMA and the FCA.

Client funds are kept in segregated accounts.

Vantage Account Types

Besides being able to select between a dummy (practice) and a live account, traders may open an individual standard or RAW ECN account. Other account options include joint accounts, company trading accounts and Trust trading accounts (either as individuals or as a partnership).

In addition, there are also Islamic accounts (with no carryover) and Professional accounts, with increased leverage, but less regulatory protection.


This site does have award-winning customer care, as well as an attractive set of promotions. It is particularly appealing to newer traders or those wishing to keep their levels of risk and investment at the lower end of the spectrum.


Vantage doesn’t offer much added value for experienced traders or those wishing to adopt a higher risk strategy: experienced traders may find the upper limit of 1:100 leverage for most customers a burden.

Vantage Trading Hours

The site is open 24/7, with trading available when the relevant markets are open.

Contact Details

The support team can be contacted: by phone (1300 945 517); email:; or live chat.

Safety & Security

The company operates a trader compensation scheme and has indemnity insurance. Clients’ funds are held in the National Australia Bank, in segregated accounts.

Is Vantage A Good Choice For Day Trading?

This is a reasonable platform for beginner traders or those who wish to trade relatively small amounts of money. Its additional partners (Zulutrade and ChartIQ) also provide added variety and value to traders.

The RAW account has an attractive rate of commission which can mean that it is more profitable to operate than the standard offering. Other than these features, there is little to distinguish it from many of the other trading sites which are available online.

More experienced traders may prefer to opt for a site which favours larger trades and a greater element of risk.

Accepted Countries

Vantage accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Vantage from United States, Canada.

Compare Vantage

Compare Vantage with similar brokers that accept traders from your location. Among available brokers these are the most similar to Vantage:

  1. ForexChief – ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
  2. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  3. Kwakol Markets – Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
  4. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

Vantage Comparison Table

Compare Vantage With Similar Brokers
Vantage ForexChief World Forex Kwakol Markets InstaForex
Rating 4.7 3.3 4 2.4 4.1
Markets CFDs, forex, indices, shares, commodities, cryptocurrencies Forex, Stocks, Commodities, Crypto Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts CFDs, Stocks, Indices, Commodities, Forex, Cryptos Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $200 $10 $1 $1 $/€1
Minimum Trade 0.01 Lots 0.01 lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus Up to 50% $100 no deposit 100% Deposit Bonus 30% – 100% Welcome Bonus
Education No No No No No
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Leverage 1:500 1:1,000 1:1000 1:1000 1:1000
Payment Methods 11 9 10 4 9
Review Vantage
World Forex
Kwakol Markets

Compare Trading Instruments

Compare the markets and instruments offered by Vantage and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Vantage Trading Instruments
Vantage ForexChief World Forex Kwakol Markets InstaForex
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No No Yes Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No No No Yes Yes
Silver Yes Yes Yes Yes Yes
Corn No No No No No
Crypto Yes Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No No
ETFs No No No No Yes
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No No No No

Vantage vs Other Brokers

Compare Vantage with any other broker by selecting the other broker below.

Vantage vs
Reliable and affordable trading since 2009. Join over 900,000 others trading on 1000+ CFD products. Trade Forex CFDs from 0.0 spreads on our RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account less than 2 minutes.

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