Vantage broker review—-is vantagemarkets.com a good broker? The short answer is yes, and I’ll highlight several reasons as to why. But first things first, here’s a quick summary of the broker:
| Broker | Vantage |
| Parent Company | Vantage Global Prime Pty Ltd |
| Headquarters | Level 12,15 Castlereagh Street, Sydney, NSW, Australia, 2000 |
| Primary Domain | vantagemarkets.com |
| Secondary Domain | vantagemarkets.co.uk |
| support@vantagemarkets.com | |
| Telephone Numbers | (i). +61 2 8999 2044(ii). +442070435050 |
| Regulatory Status | Regulated |
| Trading Products and Markets | Forex, indices, ETFs, soft commodities, bonds, precious metals, share CFDs, and energy. |
| Minimum Deposit | $50 |
| Account Types | Demo trading accounts and live trading accounts. |
| Regional Restrictions | Does not offer services to residents of the United States, Canada, Singapore, China, Romania, and nations as well as territories on the FATF , EU, and UN sanctions lists. |
| Trading Terminals | The in-house Vantage app and three third-party trading terminals: MetaTrader 5 & 4, TradingView, and ProTrader. |
A Brief About the Vantage Broker
Vantage is a multi-award-winning brokerage firm. The broker lets traders trade in a diverse range of tradable assets(over 1000 products), to be precise.
Led by its CEO, Marc Despallieres, the company has been in the market for over 15 years, serving as an offshore broker.
4 Reasons Why The Vantage Broker Is Not a Scam
1. Demonstrably licensed and regulated by several top-tier regulatory bodies around the globe, including the UK’s FCA, Australia’s ASIC, and South Africa’s FSCA.
2. Verifiably an official partner of Ferrari alongside other top brands such as Shell, Ray Ban, and IBM. By the way, major brands such as Ferrari will hardly partner with questionable brands for several reasons including the fear of destroying their reputations and incurring legal liability.
3. Records show that the broker’s domain, vantagemarkets.com, has been around for just under 8 years whereas the company is said to have been around for 15 years. Scam brokers hardly last beyond 2 years. This is because their fraudulent nature makes it difficult for them to sustain longer periods of operations. It’s usually due to regulatory crackdowns, continued exposure from victims, reputation decay, and an unsustainable business model.
4. Rated 4.2 stars on Trustpilot based on over 6,000 Vantage FX reviews, with nearly 70% of users giving it a 5-star rating. Additionally, the offshore broker is regarded highly by many top broker review blogs, including investing.com, reviews.io, forex-ratings.com, fxempire.com, and brokerchooser.com.
The Top 10 Outstanding Vantage Markets Features
1. The Vantage App, MetaTrader 5 & 4, TradingView, and Pro Trader. These four trading terminals provide flexibility, innovation, and a wide range of trading tools.
2. An economic calendar that offers valuable data that traders can rely on to anticipate market movements and plan trades accordingly.
3. The news and analysis feature. It allows traders to analyze markets and stay informed about the latest news as well as events that influence market movements.
4. Client sentiment where traders share their views and opinions regarding a particular asset or the markets in general. This feature serves as a gauge, helping clients understand the majority consensus, the overall trend of the asset, or the general market direction. That way, they can make well-informed trading decisions.
5. Forex virtual private server. It’s an invaluable feature that helps traders avoid potential downtimes that may result from power outages or internet connectivity issues. If ignored, such issues can easily lead to missed opportunities.
6. Trading signals. The signals suggest the moment to enter or exit a trade, allowing traders to make better-informed trading decisions.
7. The Vantage Notifications Center. This useful feature provides the latest product updates, keeping traders informed, empowered, and in control of their trading experience.
8. The Vantage Academy. This valuable feature gives users access to free online trading courses and ebooks, along with engaging webinars. It also consists of a breakdown of complex trading jargon with easy-to-understand explanations.
9. Demo trading—an invaluable feature that allows beginner or less experienced traders to practice and test their trading strategies before trading live markets.
10. Copy trading. This outstanding feature enables traders, especially beginners and those with limited expertise to automatically replicate the trades of experienced and successful traders in real time.
The Vantage App
The Vantage App is both a standalone trading terminal/platform and an extension of the brokerage services offered at vantage-markets.com.
Oh, and by the way, do you know the difference between a broker/brokerage and a trading terminal/platform?
I explained the difference in this in-depth review post about ActTrader, a fast-rising trading platform. Check out the post to learn the difference if you don’t know.
The Vantage broker app is fully-capable, allowing:
- Real-time trading.
- Opening and managing of trading accounts.
- Deposit and withdrawal of funds.
- Access to customer support.
- Other functions that are tied directly to the broker’s infrastructure.
Notably, the app is fairly flexible, working with third-party trading terminals mentioned above, besides its own trading terminal. Whether you prefer using MetaTrader, TradingView, or Pro Trader, you can still use your favorite trading terminal with it.
Top 9 Vantage Broker PROS
1. Legitimate and regulated by the ASIC and several other top-tier regulatory bodies globally.
2. Comes with demo trading accounts, allowing beginner or inexperienced traders to practice trading in a risk-free environment using fake funds.
3. Integrated with multiple trading terminals besides the company’s proprietary terminal, the Vantage App, offering flexibility and access to a wider range of trading tools.
4. Suitable not only for seasoned traders but also for beginner traders. This is all thanks to the Vantage Academy feature that provides free trading courses, ebooks, and webinars to help new traders kickstart their trading journey and improve their skills. Additionally, the copy trading feature allows users to simply copy trades as executed by seasoned and experienced traders.
5. Offers first-time customers a 100% deposit bonus, doubling their trading capital.
6. Customers get up to 13% cash back per annum, subject to certain T&Cs, letting their idle funds grow as they trade.
7. An insured broker, which means customers’ funds are protected.
8. A low minimum deposit of only $50. This makes the Vantage broker affordable to many traders.
9. Low spreads starting from 0.0 pips. This benefit reduces trading costs and increases potential profits.
Top 5 Vantage Broker CONS
1. Slow response times even on Live Chat. Ironically, this feature is supposed to facilitate real-time support. When you send a query, it typically says an agent will connect in 10–11 minutes, but even after waiting, no one responds. You’re left hanging with no answer and wasted time, which defeats its whole purpose.
2. Traders who are residents of some countries e.g. the USA and Canada cannot access the services of the Vantage broker.
3. May shut down accounts that have remained dormant for over 90 days.
4. Leverage limits vary by region.
5. Relies mostly on third-party tools as opposed to in-house tools.
Final Thoughts
To sum up, the Vantage broker stands out as a credible and feature-rich offshore broker backed by over 15 years of operational history and regulation from top-tier authorities. The broker caters to both newbie and seasoned traders through a wide selection of valuable trading tools and other resources. With numerous tradable instruments, low minimum deposits, and competitive spreads, Vantage offers a strong trading environment.
While its customer support responsiveness and regional restrictions are drawbacks, its regulatory standing, user trust, and broad functionality make it a reliable choice. Overall, Vantage Markets is a legitimate broker worth considering for serious traders worldwide. Read the full article on our broker review methodology and ranking criteria.
Report A Scam
Have you fallen victim to a scammer impersonating the Vantage broker? Go to this page, or email scamread@scamreader.info to report the scam and seek help.
Vantage Markets Review Disclaimer
While I have stated in this article that Vantage appears to be a legitimate brokerage, this should not be interpreted as a recommendation. My assessment is shared purely for informational and educational purposes.
This is not financial advice or a solicitation to open an account with the Vantage broker.
I strongly encourage you to conduct your own due diligence and carefully evaluate brokers before making any decisions.