Vantage Comprehensive Broker Review
At a glance
Vantage (formerly Vantage FX) offers tight pricing on its Raw ECN/Pro ECN accounts (from 0.0 pips + $3 per side commission), fast execution, and popular platforms (MT4/MT5, plus TradingView access in many regions). It is regulated in Australia (ASIC) and other jurisdictions (e.g., CIMA, VFSC), with some marketing material also referencing FCA oversight. Protections and leverage vary significantly by entity.
Regulation & client money protection
Vantage’s core regulatory strength is ASIC. It also operates under offshore regulators (e.g., CIMA, VFSC) and in some materials indicates FCA coverage—verify which subsidiary will hold your account to understand your exact protections and leverage caps.
Account types & pricing
- Standard (spread‑only): Wider spreads, no commission.
- Raw ECN / Pro ECN: Very low raw spreads + $3 per side ($6 round‑turn) commission, making it the preferred choice for most active traders.
Platforms & tools
- MT4 & MT5 with advanced add‑ons, social/copy trading integrations, and VPS.
- TradingView connectivity is available in many regions.
Markets offered
Forex, indices, commodities, share CFDs, ETFs, and crypto CFDs (entity‑dependent).
Deposits & withdrawals
Broad funding options, typically fast and low‑cost. Fees/limits depend on the method and the entity.
Research & education
Vantage provides useful market analysis, webinars, and trading tools, but independent reviewers still rank its overall research/tool suite behind the very best.
Customer support
Generally solid multilingual support with live chat and regional phone lines.
Pros
- Raw ECN pricing with $3/side commission is very competitive.
- Strong MT4/MT5 offering plus TradingView access.
- Wide choice of markets (entity‑dependent).
Cons
- Mixed regulatory stack (Tier‑1 + offshore) means protections differ widely.
- Standard account pricing is noticeably higher than Raw ECN.
- Research and tooling aren’t quite top tier.
Best for
Cost‑conscious traders who’ll opt for Raw ECN/Pro ECN accounts, value MT4/MT5/TradingView access, and understand the implications of choosing an offshore versus onshore entity.
Final verdict
Vantage delivers excellent raw pricing and platform flexibility. Just ensure you’re comfortable with the specific regulatory protections of the entity that onboards you, and—if you’re serious about costs—avoid the spread‑only Standard account.
Vantage Broker Review