Vantage Markets, also known as VantageFX, stands out as a top choice for traders looking for the best scalping broker. Traders have the ability to utilize more than 300 instruments, which include CFDs on shares, commodities, precious metals, Forex pairs, and global indices. Social trading is also facilitated by Vantage Markets via platforms such as ZuluTrade, MyFXBook, and DupliTrade, which accommodate both novice and experienced traders.
This analysis will examine Vantage Markets, a popular online trading platform,’s services, security, and features. Let’s start with the most frequently asked questions:
Is Vantage Markets a legitimate broker?
Yes, Vantage Markets is a legitimate broker.
Is Vantage broker legal in the USA?
No, Vantage Markets is not available for clients in the United States.
What advantages does Vantage offer?
Vantage provides benefits like robust regulation, competitive spreads, advanced trading platforms, and a diverse range of asset classes.
What is the minimum deposit for Vantage?
The recommended minimum deposit for trading with Vantage is $50.
Is Vantage Markets safe?
Vantage Markets segregated client money with the top-tier global financial institution National Australia Bank (NAB) for security. The platform offers rapid trade execution, RAW ECN spreads, and a diverse range of trading instruments, appealing to both novice and professional traders. Supported trading tools include MetaTrader 4, MetaTrader 5, and social trading options like MyFXbook and Zulutrade. Clients can access educational materials, research tools, and promotional offers, with leverage options up to 500:1, adhering to compliance policies for specific regions.
Pros of Vantage Markets
- Credibility and Regulation: Vantage Markets holds top-tier regulation from the FCA and ASIC, establishing high trust among users.
- Competitive ECN Accounts: The broker’s ECN accounts feature competitive spreads starting from 0.0 pips and a reasonable $1.50 commission per side.
- Robust Day Trading Software: Vantage offers an excellent array of day trading software, including award-winning platforms like MT4 and MT5, catering to diverse trading preferences.
- Unlimited Demo Account: Traders benefit from an unlimited demo account, providing full market access and valuable backtesting functionality, suitable for both beginners and experienced users.
- Social Trading Options: The platform supports hands-off investors through beginner-friendly social trading options, including integration with ZuluTrade and Myfxbook.
- Low Minimum Deposit: With a minimal deposit requirement of $50 and zero funding fees, Vantage Markets is an attractive choice for new traders seeking affordability and accessibility.
Cons of Vantage Markets
- Offshore Entity Registration: Some clients may need to register with the offshore entity, potentially leading to reduced regulatory protection compared to onshore alternatives.
- High Deposit for Best Conditions: Optimal trading conditions, featuring a $1.50 commission per side, require a substantial $10,000 deposit, potentially discouraging certain traders.
- Execution Speeds: While generally acceptable, the broker’s average execution speeds of 100ms to 250ms might be comparatively slower based on performance tests.
Costs and Rewards at Vantage Markets
Vantage Markets presents various account options with distinct fee structures. The Standard account, as of August 2021, features regular EUR/USD spreads of 1.22 pips, while the Raw account boasts lower average spreads of 0.15 pips with a $3 commission per side. The PRO account, with a competitive $2 per-side commission, becomes the most cost-effective choice for eligible users, requiring different criteria depending on the regulatory entity.
In terms of incentives, Vantage Markets offers rebates ranging from $2 to $8 per regular lot on the Standard account, tied to balance and monthly volume. Despite these rebates, the Standard account maintains higher spreads compared to other options. This diverse fee structure provides users with flexibility based on their trading preferences and eligibility for specific accounts.
Regulation and Licensing
Vantage International Group Limited operates under the authorization and regulation of the Cayman Islands Monetary Authority (CIMA) with the registration number 1383491. Vantage Global Prime Pty Ltd is also regulated by ASIC under AFSL 428901. These regulatory affiliations highlight Vantage Markets’ commitment to regulatory compliance and ensuring a secure trading environment.
Vantage Markets Safety
Broker regulation is crucial for a secure online trading experience. Vantage Markets prioritizes security, holding regulation from ASIC, CIMA, and undergoing audits by KPMG, a renowned auditing firm. Quarterly reviews of client funds’ safety and administration, along with the publication of financial reports, underscore the broker’s commitment to security. Vantage Markets ensures client funds are separate from company funds, with liability insurance of $20 million USD and protection by the National Australia Bank, further establishing it as one of the safest brokers globally.
Vantage Markets Trading Features
- Excellent Trading Support: Vantage Markets delivers Market Buzz AI-based news coverage, featured ideas, analyst opinions, sophisticated video training, SmartTrader tools, and a complete economic calendar.
- Advanced Trading Pxclatforms: The broker offers MetaTrader 4, MetaTrader 5, a web-based platform, and a bespoke app. Social trading systems include ZuluTrade, MyFXBook, and DupliTrade.
- Wide Range of Asset Classes: Over 300 instruments include Forex pairings, worldwide indexes, energy products, agricultural commodities, precious metals, cryptocurrencies, and share CFDs.
- Daily Market Update: Vantage provides overnight headlines, the day ahead, critical takeaways from big economic events, and a technical chart of the day.
- Sentiment Indicators: Vantage’s website shows clients’ overall long and short holdings, which helps traders make judgments.
- Additional Trading Tools: Vantage offers Myfxbook and ZuluTrade as trading tools. Free Forex VPS and powerful MetaTrader and ProTrader plugins serve expert traders.
- Copy Trading Platforms:ZuluTrade, DupliTrade, and MyfxbookAutotrade offer community participation, historical data transparency, and rigorous strategy provider vetting.
- Forex VPS for Algo Traders: A Forex VPS with a competitive $1,000 investment ensures consistent connectivity and optimal algorithm speeds for serious algo traders.
The FCA and ASIC are regarded as reputable regulatory bodies for brokers. Social trading, low spreads, and robust day trading instruments are all features that Vantage Markets provides to both novices and experts. Client funds are segregated by National Australia Bank, subject to quarterly evaluations by KPMG, and the platform is protected by a liability insurance policy of $20 million USD. Priorities of Vantage Markets include trade regulation and security. Certain investors require $10,000, whereas the broker provides unlimited trial accounts and a $50 minimum deposit. Vantage Markets is a platform that is regulated, has a good reputation, and offers trading instruments.