Vantage (Vantage Markets) is a CFD broker with an Australian entity in Sydney and offshore entities serving international clients. It offers MetaTrader, TradingView and its own app with copy trading. Here we look at regulation, costs and its regulatory history.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This review is for information only and is not investment advice.
Vantage at a glance
| Main regulators | ASIC (Australia), FCA (UK), FSCA (South Africa); CIMA Cayman and VFSC Vanuatu (offshore) |
| Platforms | MT4, MT5, TradingView, Vantage app |
| Accounts | Standard STP, Raw ECN, Pro ECN |
| Not available in | The US, Canada, India, China, Singapore and others |
Regulation and safety
Vantage lists the following entities:
- Vantage Global Prime Pty Ltd: ASIC, Australia (AFSL 428901).
- Vantage Global Prime LLP: FCA, UK (via vantagemarkets.co.uk).
- Vantage Markets (Pty) Ltd: FSCA, South Africa.
- Vantage International Group: CIMA, Cayman Islands (offshore).
- Vantage Global Limited: VFSC, Vanuatu (offshore). The international website onboards clients here.
Licence details above are as stated by Vantage. Always check the firm and website on the regulator’s official register before you open an account, and confirm which entity your account will be held with. Regulation does not protect you against trading losses. See our guide: How to check if a broker is legitimate.
Products and platforms
- CFDs on forex, indices, commodities, shares and more.
- Platforms: MetaTrader 4, MetaTrader 5, TradingView and the Vantage app, including copy trading.
Accounts and fees
- Standard STP: no commission, spreads from 1.0 pip.
- Raw ECN: spreads from 0.0 pips plus $3.00 per side per lot.
- Pro ECN: lower commission, with a $10,000 minimum deposit.
- Minimum deposits for the other accounts are low but vary by region.
Fees, spreads and minimum deposits vary by region and account type and can change at any time. Check Vantage’s current pricing pages for your country before trading.
Leverage
UK and Australian retail clients are limited to 30:1 on major pairs. Offshore entities offer much higher leverage. Higher leverage increases both potential gains and losses. Read Can you lose more than you invest in forex?.
Things to be aware of
- In 2018 ASIC accepted an enforceable undertaking from Vantage’s Australian entity over systems and controls failures.
- In 2021 the Ontario Securities Commission approved a settlement including a C$600,000 penalty.
- In October 2024 the Dutch AFM imposed an order subject to penalty payments on Vantage Global Limited for not providing requested information.
- In January 2026 ASIC warned about a clone website impersonating Vantage, so check the web address carefully.
- International clients are usually onboarded with the offshore Vanuatu entity.
- Vantage UK publishes the percentage of retail CFD and spread-bet accounts that lose money; check the current figure.
Pros and cons
Pros
- ASIC and FCA entities
- Choice of STP and ECN accounts
- TradingView and copy trading available
Cons
- Offshore entity for most international clients
- Several past regulatory actions
- Not available in many countries
Who might consider Vantage?
Vantage may suit traders who can access its ASIC or FCA entity and want ECN pricing with modern platforms. International clients should consider the offshore regulation and the firm’s regulatory history.
Summary
Vantage offers competitive ECN pricing and a broad platform choice, but its regulatory history and the use of offshore entities for international clients are important to weigh up.
Information in this review was checked against Vantage’s published information and public regulatory records in November 2026. Details change, so always confirm the current terms on the broker’s own website and the regulator’s register.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This review is for information only and is not investment advice.