Vantage, formerly Vantage FX, started in Australia and still holds ASIC and FCA licenses. Traders in Asia and the Gulf don’t get those. Viewed from the UAE, Vantage’s website names VIG Group, licensed in Mauritius, as the company behind the brand.
Is Vantage regulated?
The global vantagemarkets.com site states that VIG Group, trading as Vantage Markets, is a full-service investment dealer licensed by the Financial Services Commission of Mauritius under license GB20026165. Mauritius is tier 3 in our model. Vantage’s help centre also lists companies in the Cayman Islands (CIMA) and Vanuatu (VFSC) that serve international clients, so the entity named on your client agreement is the one that counts.
Two points in Vantage’s favour: it says VIG Group carries excess-of-loss insurance arranged through Willis Towers Watson, covering up to USD 1,000,000 per claim subject to the policy terms, and it’s a member of The Financial Commission, an independent dispute resolution body. Neither is the same as a government compensation scheme, but they’re more than most offshore brokers offer.
Vantage in your country
- India: Vantage’s global site lists India among the countries it doesn’t serve. Vantage Markets is also on the Reserve Bank of India’s Alert List.
- Malaysia: the Securities Commission Malaysia added Vantage to its investor alert list in 2021 for operating without an SC license.
- UAE, Saudi Arabia and Pakistan: no local license found; clients deal with the Mauritius company.
Accounts and costs
| Account | Spreads from | Commission per lot per side | Minimum deposit |
|---|---|---|---|
| Standard STP | 1.1 pips | None (except selected stock and ETF CFDs) | USD 50 |
| Raw ECN | 0.0 pips | From USD 3.00 | USD 50 |
| Pro ECN | 0.0 pips | From USD 1.50 | USD 10,000 |
| Cent | 0.0 pips | From USD 0 to 3.00 | USD 50 |
A swap-free account is available for traders who can’t pay or receive swaps. On STP and ECN accounts, margin call is at 50% and stop-out at 20%. Vantage also runs a deposit bonus that doubles a first deposit; read the bonus terms for withdrawal conditions before accepting it.
Platforms
You can trade more than 1,000 CFDs on MT4, MT5, TradingView, the Vantage app and its web platform, with copy trading built in. Support runs 24/7.
Who Vantage suits
Vantage suits active traders in the Gulf, Pakistan and Malaysia who want low raw-account commissions and TradingView access, with insurance cover that most offshore brokers lack. Indian residents aren’t served, and Malaysian residents should note the SC alert.