Vantage Review 2023

/ 5
Vantage is #31 in our CFD broker rankings.

Vantage is a great option for CFD traders seeking a regulated broker with high leverage and access to the powerful MetaTrader platforms.

- DayTrading Review Team

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


Demo Account

Copy Trading

Low Cost
MT4, MT5, TradingView, DupliTrade
CFDs, forex, indices, shares, commodities, cryptocurrencies
Up to 50%
Neteller, Wire Transfer, Credit Card, Debit Card, Skrill
and 6 more

Forex Trading

Trade 40+ forex pairs with some of the tightest spreads, including majors and minors. Vantage's deep liquidity pool provides spreads from 0.0 pips. There are also no commissions, deposit fees or hidden charges.

Stocks Trading

Speculate on leading companies in the US, EU, UK and Australia including large brands like Tesla and Apple. Short, medium and long-term trading strategies are catered for, including the use of Expert Advisors (EAs).

CFD Trading

Traders can speculate on a breadth of financial markets with high leverage up to 1:500. Bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset.

Crypto Trading

Trade cryptos including Bitcoin 24/7 with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses.

Copy Trading

Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the largest social trading communities, which uses a sophisticated algorithm to rank top signal providers.

✓ Pros

  • Strong reputation with global client base and ASIC license
  • Competitive ECN accounts with spreads from 0.0 pips and a $3 commission per side
  • Award-winning platforms including MT4 and MT5 plus beginner-friendly social trading via ZuluTrade & Myfxbook
  • Unlimited demo account with full access to markets and robot backtesting functionality
  • Low minimum deposit of $50 and no funding fees
  • Hedging and scalping strategies permitted
  • Quick and easy to open a live account
  • Trading bonuses and promotions

✗ Cons

  • Some clients will need to trade with the offshore entity
  • A $10,000 deposit is needed for the best account conditions
  • Cryptos only available for Australian clients

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.

Payment Methods

Vantage Details

Minimum Trade 0.01 Lots
Regulated By ASIC, FCA, CIMA
Account Types
  • STP
  • ECN
  • MAM
  • PAMM
Islamic Account Yes
Mobile Apps iOS, Android and Windows
Margin Trading Yes
Volatility Index Yes
Spot Trading Yes
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes, via Robot
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Stock Exchanges
  • Bombay Stock Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • National Stock Exchange Of India
  • S&P 500
  • Gasoline
  • Gold
  • Silver

CFD Trading Details

FTSE Spread 1 pt
GBPUSD Spread 0.0 via ECN
Oil Spread 2.8 pips (Var)
Stocks Spread €0.01 per trade
Leverage 1:500

Forex Trading Details

GBPUSD Spread 0.0 via ECN
EURUSD Spread 0.0 via ECN
EURGBP Spread 0.0 via ECN
Assets 1000+
Currency Indices
  • USD

Cryptocurrency Trading Details

Crypto Spread Floating
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • ADA
  • AVA
  • BTC
  • DOG
  • EOS
  • ETH
  • LTC
  • NEO
  • SHB
  • SOL
  • TRX
  • UNI
  • XRPandmanymore

Compare Vantage

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

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to
  3. Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
    Go to Just2Trade

Vantage Comparison Table

Compare Vantage With Similar Brokers
Vantage IG Group Just2Trade
Rating 4.7 4.4 4.5 3.5
Markets CFDs, forex, indices, shares, commodities, cryptocurrencies Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Stocks, ADRs, ETFs, futures, options, commodities, bonds
Demo Account Yes Yes Yes Yes
Minimum Deposit $50 £250 $100 $100
Minimum Trade 0.01 Lots 0.1 lots $1 0.01
Bonus Up to 50% Up to $2,000 for professional accounts
Education No Yes Yes No
Platforms MT4, MT5, TradingView, DupliTrade MT4, AutoChartist, TradingCentral MT4, MT5, TradingView, AutoChartist, TradingCentral MT4, MT5, TradingCentral
Leverage 1:500 1:30 1:200 1:5 to 1:20
Payment Methods 11 6 8 20
Visit Visit Visit Visit
Review Vantage
IG Group

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 IG Group Just2Trade
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes No Yes
Bonds No Yes No Yes
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index Yes Yes 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 the RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in less than 2 minutes.