VantageFX Review 2026

How safe is VantageFX?

Vantage FX earns a 6/10 Trust Score, giving it an average rating for safety and reliability.

1. Regulation

The Vantage group of companies is regulated by two tier-1 regulators (ASIC and the FCA) and four tier-3 regulators (CIMA, the VFSC, the FSCA, and FSC Mauritius) across six jurisdictions. Those jurisdictions are Australia, the United Kingdom, the Cayman Islands, Vanuatu, South Africa, and Mauritius.

Some of the abbreviations on this page are expanded to the regulator's full name: a broker regulated by CIRO is regulated by the Canadian Investment Regulatory Organization. AFSL is an Australian Financial Services Licence.

For traders in supported jurisdictions, accounts are typically held under one of Vantage’s offshore entities, either Vantage International Group Limited regulated by CIMA in the Cayman Islands, or Vantage Global Limited regulated by VFSC in Vanuatu. Vantage’s VFSC entity is also a member of The Financial Commission, an independent dispute resolution body. In terms of where your funds are held, Vantage holds client funds in top-tier banks, and in trust accounts as funds that are separate from company funds. The company has been around for close to 15 years, and in our opinion, looks to be rather solid and safe when it comes to holding your trading capital. Of course, it’s always a good idea to hold only a fraction of your trading capital in any one trading account at one time. Vantage is also a member of The Financial Commission which is a body formed exclusively for solving any disputes between brokers and traders in a smooth, seamless manner. The Financial Commission while impartial, is not a government body or regulator. A few notable brokers such as Pepperstone, IC Markets, FXTM, AXI and Exness use this body to resolve disputes and on average claims take about 5 days to resolve.

2. Reputation

Vantage Markets (Also known as Vantage FX, Vantage Global Prime, and Vantage Global Limited) is a foreign exchange and CFD broking firm. Founded in 2009 as MXT Global, Vantage now has over 1,000 staff across 30 offices located around the globe. The broker demonstrates strong visibility in the online trading space. With approximately 550,000 monthly Google searches, it ranks as the 8th most popular forex broker among the 67 brokers analyzed. Web traffic data confirms this strong positioning, with Similarweb reporting 4,014,000 global visits in February 2026, placing Vantage as the 11th most visited broker. Vantage has expanded its global footprint to include regulatory oversight from authorities across multiple jurisdictions. While the broker doesn’t publicly disclose its exact client numbers, it reports serving clients in more than 180 countries. Vantage’s trading volume has shown significant growth, with the company reporting over $160 billion in monthly trading volume in 2024, reflecting its established position among the top tier of global forex brokers.

Country, 10 rows.

Country	2026 Monthly Searches	Rank
United Kingdom	6,600	1st
India	4,400	2nd
Malaysia	2,900	3rd
South Africa	1,900	4th
Germany	1,600	5th
United Arab Emirates	1,600	6th
Indonesia	1,600	7th
Spain	1,600	8th
Netherlands	1,300	9th
Vietnam	1,300	10th

3. Reviews

Our score for VantageFX is set against every other broker on our forex broker reviews.

What traders say about VantageFX

What other review sites say about VantageFX

These are ratings of VantageFX from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	4.4 / 5	15,432	Oct 1, 2026
TradingView	4.5 / 5	3,013	Oct 2, 2026

VantageFX holds a Trustpilot rating of 4.4 out of 5 from 15,432 reviews, checked Oct 1, 2026.

On TradingView, VantageFX is rated 4.5 out of 5 from 3,013 ratings, checked Oct 2, 2026. The TradingView profile for VantageFX shows 78.4K traders, the count of those who have connected an account through TradingView.

App Store and Google Play ratings for VantageFX

Our score is based on published criteria and is not influenced by these third-party ratings.

How popular is VantageFX?

VantageFX sits in the lower half for search interest, 19th of 59 on 74,160 branded searches in August 2026. Search interest measures attention, not quality; the score above is the review verdict.

19of 59Search interest rank

74,160

Brand searches, August 2026

+22.2%

vs July 2026

9,400

Login searches

1.3%

Share of all searches

Source: Google search volume, Worldwide, August 2026.

How this is measured

Google Ads reports how many times a month people searched each broker's brand terms, and the brokers are ranked on that figure alone.

A term counts for a broker only when that broker's own website holds the first organic Google result for it; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

VantageFX at a glance

VantageFX spreads and fees

VantageFX is a non-dealing desk broker, using liquidity from liquidity providers such as tier-1 investment banks and prime brokers to offer straight-through processing (STP) pricing for their clients. In my experience reviewing Vantage’s account offering, the account line-up isn’t identical across all regions. New Zealand clients see four account tiers (Standard, Raw Classic, Raw Premium, and a dedicated cryptocurrency-only Perpetual account). UK clients of Vantage Global Prime LLP, regulated by the FCA, see four tiers: Standard STP, Raw ECN, Premium ECN, and an elective Professional account. Clients onboarded under Vantage’s offshore entities (CIMA Cayman or VFSC Vanuatu) see five tiers, including a Cent account for small deposits and a Premium Unlimited account marketed with very high leverage. I’ll cover the key pricing differences below.

1. Raw Account Spreads

VantageFX like many brokers, provide their average spreads on their website. We keep a record of 40 such brokers that do this such as Pepperstone, IC Markets and Go Markets, doing this allows us to not only compare the average spreads between brokers but also compile an industry average. In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN Brokers) so we are able to compare this type of account.

ECN Forex Spread Comparison, compared on spreads.

ECN Forex Spread Comparison	EUR/USD	AUD/USD	AUD/JPY	EUR/GBP	EUR/JPY
	0.18	0.60	1.19	0.36	0.85
	0.1	0.38	0.64	0.37	0.73
	0.00	0.20	0.10	0.10	0.20
	0.10	0.10	0.90	0.20	1.20
	0.10	0.10	0.50	0.20	0.40
	0.90	0.13	0.17	0.14	0.14
	0.30	0.40	0.50	0.50	0.50
	0.00	0.00	0.50	0.20	0.30
	0.16	0.29	1.50	0.54	0.68
	0.20	0.40	0.60	0.50	0.70
	0.00	0.90	1.60	0.40	1.10
	0.10	0.50	0.70	0.60	0.40
	0.28	0.87	0.59	0.63	0.81

Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026

Despite the fact VantageFX round their average spreads (we assume down, not up), we can say their spreads compare favourably to the industry average.

Ross Collins, our chief researcher, tested Raw Account Spreads and found Fusion Markets and IC Markets among the top choices for tight spreads. At this time, we haven’t tested the spreads with VantageFX ourselves but when we do, we will update this page.

2. Raw Account Commission Rate

Commission rates on Vantage’s commission-based accounts vary by region, which I think is worth understanding before you compare them to other brokers. New Zealand clients on the Raw Classic account pay USD $5.00 round turn (USD $2.50 per side) on forex. The Raw Premium account, also available to New Zealand clients, is lower at USD $2.00 round turn (USD $1.00 per side). UK clients of Vantage Global Prime LLP, regulated by the FCA, pay a flat US$1.00 per side (US$2.00 round turn) on the Raw ECN account, and US$0.75 per side (US$1.50 round turn) on Premium ECN. Under Vantage’s offshore entities, the Raw ECN account is USD $6.00 round turn (USD $3.00 per side), and the Pro ECN account is USD $3.00 round turn (USD $1.50 per side).

• AU Raw Classic: USD $5.00 round turn ($2.50 per side)
• AU Raw Premium: USD $2.00 round turn ($1.00 per side)
• UK Raw ECN: USD $2.00 round turn ($1.00 per side, flat)
• UK Premium ECN: USD $1.50 round turn ($0.75 per side, flat)
• Offshore Raw ECN: USD $6.00 round turn ($3.00 per side)
• Offshore Pro ECN: USD $3.00 round turn ($1.50 per side)

In case you are wondering how these commissions compare to other brokers, Ross Collins did an extensive comparison. We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results.

3. Standard Account Fees

Both figures are Vantage FX’s own advertised figures, an average of 0.18 pips on the raw account and an advertised floor of 1.0 pips for the firm’s Standard STP account at Vantage Global Prime LLP (FCA) and at Vantage Global Limited, and we did not measure either, even though we opened a live UK account with Vantage FX.

The Standard STP Account account is designed to cover the needs of most non-professional traders, and is commission-free, but comes with higher (more expensive) trading spreads compared to the more professional account options. Advertised minimums on the Standard STP account run from 1.0 pips at Vantage Global Limited, which lists 1.1 in its comparison table, and from 1.0 pip at Vantage Global Prime LLP (FCA). The Standard account at Vantage Global Prime Pty Ltd (ASIC) is advertised from 1.1 pips.

While we haven’t tested the spreads with this account, Ross Collins, our chief researcher, tested the Standard Account Spreads of other MT4 brokers. These tests found IC Markets to be the best choice for low spreads. If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you. If you’re a serious trader and you’re going to be doing a lot of volume, or making a large amount of trades throughout the day, you’ll probably want to save on trading spread costs with an ECN account.

4. Swap-Free Account Fees

If you are of Islamic faith and comply with Sharia law then the use of a riba is forbidden. In the case of trading, a swap fee (sometimes called an overnight charge or rolling fee) is considered a form of riba and is therefore not permitted. For this reason, a Swap Free Islamic Accounts is available provided you can prove your eligibility. If you do take up a swap-free account, do note that swap costs are replaced with a daily administration charge so one could argue this account is not a true sharia law compliant Islamic account. Vantage also offers a spread betting account, though availability depends on the rules of the entity you open an account with. Spread betting is a popular alternative to CFD trading, mostly because you do not need to pay a capital gains tax on your spread bet winnings. The flip side is, that you can’t declare the losses for tax credits. All CFD trading products are available for spread betting and since they both have the same underlying instruments, the spread or points will be the same. Spread betting accounts do not have commission costs in addition to the spread.

Leverage Vantage’s available leverage depends on three things: the product you’re trading, the account type, and which Vantage entity regulates your account. Major forex pairs, major indices and gold, non-major commodities, equities and cryptocurrency CFDs are each capped at a level set by the regulator of the entity you open an account with. Clients onboarded under Vantage’s offshore entities (CIMA Cayman or VFSC Vanuatu) can access materially higher leverage. Most major forex pairs go up to 1,000:1, with smaller crosses and exotics scaled down (some EUR Scandinavian and PLN crosses at 50:1, some exotics 10:1 to 20:1). Major indices like the S&P 500, NAS100 and DJ30 go to 1,000:1 with smaller national indices at 200:1 or 50:1. Gold, oil and WTI/Brent can be traded with up to 1,000:1 leverage, while silver is 100:1 and platinum/palladium 20:1. Share CFDs are 20:1 (24-hour share variants 5:1), ETFs are 50:1 (Bitcoin and crypto ETFs are 1:1), and bonds are 100:1. Vantage’s Premium Unlimited account at Vantage Global Limited defaults to unlimited leverage, given by the firm as 2,000,000,000:1, for account equity up to US$5,000, then slides to 2,000:1 from US$5,000.01 to US$30,000, 1,000:1 from US$30,000.01 to US$100,000, and 500:1 above US$100,000. Premium Unlimited at Vantage Global Limited spans more than 1,000 CFDs across every asset class, runs on MT4 and MT5 alone, and the unlimited ratio is reserved for forex and gold, applied through the margin calculation modes Forex and Cfd Leverage. Canada is not served: Vantage has no CIRO entity and Canada sits on the firm’s restricted-jurisdictions list. UK clients of Vantage Global Prime LLP (FCA) can instead apply for the elective Professional classification, which lifts the retail caps to 500:1 on major forex, major indices, gold and crypto, 250:1 on other commodities, and 20:1 on equities.

5. Other Fees

The good news is there are no charges when it comes to deposits, withdrawals, and inactivity.

Verdict on Fees

So, what’s the right account for you? If you’re an active trader or professional trader, trading more than a few times per week, you’ll almost definitely want to use the raw ECN account. If you’re located in Australia or the UK, it’s a no-brainer to take advantage of the low commissions on the raw ECN account.

Deposits and withdrawals with VantageFX

Vantage has a range of deposit methods, making it pretty easy for most traders around the globe to fund their accounts. The deposit options are especially good for traders in New Zealand, with a number of instant or completely fee-free options. The minimum account deposits depend on what type of account you’ve opened.

What is the minimum deposit at VantageFX?

Vantage’s minimum deposits depend on which account type you open. In my opinion the entry point is generous: the Standard, Raw Classic, Raw Premium, and Perpetual accounts at Vantage Global Prime Pty Ltd (ASIC) all start at A$50, or the corresponding value where the account is held in another currency, and the Standard STP and Raw ECN accounts at Vantage Global Limited start from US$50. The Cent account, available globally under Vantage’s offshore entities (not restricted to South Africa as some older write-ups suggest), also starts at USD $50. Premium Unlimited at Vantage Global Limited sets its minimum by country of residence, ranging from US$500 to US$3,000. Malaysia and a listed group of Asia-Pacific countries pay US$500, while other Asia-Pacific and African countries pay US$3,000. UK clients who want the Premium ECN tier at Vantage Global Prime LLP (FCA) need US$25,000, or the euro or pound equivalent, and the offshore Pro ECN account requires USD $10,000 with terms negotiated through an assigned sales representative.

Deposit Options and Fees

Funding methods at Vantage differ by region, which is worth knowing if you’re comparing what’s available to you specifically. Vantage typically does not charge its own deposit or withdrawal fees, though third-party providers (your bank, e-wallet, etc.) may charge their own. New Zealand clients can fund using Visa, Mastercard, PayPal, bank transfer, Apple Pay or Google Pay. Skrill, Neteller and crypto deposits are not offered to New Zealand clients. UK clients of Vantage Global Prime LLP (FCA) have a narrower set of options: Visa, Mastercard, and SWIFT wire transfer. PayPal, Skrill, Neteller, Apple Pay, Google Pay, and crypto deposits are not offered to them. Clients onboarded under Vantage’s offshore entities have the broadest selection: Visa, Mastercard, Apple Pay, Google Pay, PayPal, Neteller, Skrill, Fasapay, Perfect Money, JCB, Bitwallet, Sticpay, Astropay, and broker-to-broker transfers. Offshore clients of Vantage Global Limited can also fund in crypto: the help centre lists a crypto route alongside the fiat one, and the steps are to choose a cryptocurrency and network, then copy the deposit address or scan the provided QR code. The website’s deposit table omits it. If you’re from New Zealand, you’re spoiled for choice, with a number of impressive deposit methods. You can elect for an electronic funds transfer from a New Zealand bank, which will be fee-free but take a couple of days. Probably a better method would be to use a PayID transfer which should be close to an instant deposit.

Withdrawal Options and Fees

All of the deposit and withdrawal options come with zero fees from VantageFX themselves, but some options may have fees from a specific bank or financial company.

Ease To Open An Account

Opening an account with Vantage was a relatively painless and streamlined process, allowing us to be set up in about 5 minutes. The first step required us to share our name, country of residence, and phone number. At the next step, we had to provide some more of our personal details, such as date of birth and identification document details. Then we had to provide details about our address and whether we’re a US resident for tax purposes. Next, we had to share details of our employment status and financial position. Vantage is required to do this due to regulatory KYC (Know Your Client) processes. Up next, we had to share some basic details regarding our trading history and experience. Just a couple minutes after we’d started the process, we were picking our desired currency to keep our account in, and the specific account type we wanted to open. A last step in the account opening process required that we upload a picture of our driver’s license, as well as a proof of address document. When all of that was complete, we were ready to deposit funds into the account. It was all very quick and pain-free.

VantageFX trading platforms and app

We were impressed by the trading platform options offered by Vantage.

MetaTrader 4

Firstly, there’s MetaTrader4 (MT4), which is the industry standard work-horse software. This is the ultra-reliable, Toyota Hilux of the forex industry, which will solidly run on desktop, Mac, Android, or iPhone. MT4 has a ton of features, including use of Expert Advisor tech for custom trading analysis. For more insights, check out our best MT4 forex brokers comparison.

MetaTrader 5

Next, there is the more recent MetaTrader5 (MT5), which is a more feature-rich version of MT4 and can be great for traders who need specific technical indicators or chart time frames. Moving over to Vantage’s proprietary offerings, there is Vantage Web Trading, which Vantage previously branded as Vantage ProTrader. This is a web-browser-based platform that combines charting, position management and order entry in one login. It’s separate from TradingView, which Vantage offers at Vantage Global Limited and at Vantage Global Prime LLP (FCA), except on the UK Premium ECN account, while Australian clients of Vantage Global Prime Pty Ltd (ASIC) get it on just two account types, Standard and Raw Classic. Vantage Web Trading has a strong feature set: customisable trading indicators, correlation analysis, and a clean web-based interface that runs in any modern browser. Unlike pure charting platforms, Vantage Web Trading does support order entry directly from the chart. If you prefer keeping charting and execution on separate apps, I think pairing TradingView for charts with MT4 or MT5 for order entry remains a solid setup. Copy trading at Vantage is only available to clients onboarded under the offshore entities (CIMA Cayman or VFSC Vanuatu). I think this is worth knowing up front: if you open an account under the entity licensed by your local regulator, you don’t get access to Vantage’s copy trading product. Offshore clients can use Vantage’s in-house Copy Trading platform, which Vantage advertises as offering access to more than 90,000 signal providers, either through a dedicated Copy Trading interface or through the in-app Copy mode inside the Vantage App. For traders who still want to follow other traders’ positions on MetaTrader, MQL5 Signals (the built-in MT4 and MT5 signal service) remains an option regardless of region. As with any copy trading service, be skeptical when following other traders and look at their drawdown history, not just their headline returns. Lastly, there are several options for trading from your smartphone. MT4 and MT5 are both offered as native mobile apps for Android and iOS. There is also the Vantage App, which is Vantage’s proprietary all-in-one mobile platform. It’s distinct from the MT5 mobile app: the Vantage App combines CFD trading with built-in copy trading mode (for offshore clients) and Vantage’s Earn programme features for eligible accounts. Getting started with the MetaTrader 5 trading platform is quite straightforward. We covered how to sign up for a Demo Account and Live account elsewhere on this page. MT4 and MT5 are somewhat similar, MT5 is the successor to MT4 so offers much of what MT4 has but more charts, indicators and tools overall. For this reason, this section covers only the MT5 trading platform. More information can be found in our MetaTrader 4 vs MetaTrader 5 guide. . As you can see, MT5 has a very clean and intuitive interface, which is great for keeping trading stress levels to a minimum. Placing orders in MT5 is very simple, select your order type and trading parameters, then click the blue or red buy and sell buttons. Selecting which markets to look at is very simple. If you have multiple accounts, you can switch between them in seconds with MT5. Charts By TradingView offers what we believe are some of the best charting options for retail traders. There are countless chart indicators in TradingView, all accessible at the click of a button.

VantageFX app

VantageFX's app Vantage:All-In-One Trading App is rated 3.7 out of 5 from 98 ratings on the United States App Store, checked Oct 1, 2026.

Vantage:All-In-One Trading App is rated 4.7 out of 5 on Google Play (United States store) from 21.6K reviews shown worldwide, checked Oct 1, 2026.

View on the App StoreView on Google Play

Markets you can trade with VantageFX

When it comes to the range of trading instruments available with Vantage, there are plenty, but not as many as companies like Pepperstone or IC Markets.

CFDs

All up, clients of Vantage Global Limited can trade over 60 forex pairs, which is all of the major FX pairs, as well as most of the major cross-currency pairs. There are also 29 stock indices, such as the S&P500, the SPI200, and the FTSE100. These are great if you want to take a position on the direction of a country’s stock market, or even a segment of a particular stock market. You’re able to speculate on the price of precious metals, such as gold, silver, and platinum. We were also happy to see that trading commodities were easily accessible with Vantage. There are options to trade products such as cotton, cocoa, sugar, orange juice, wheat, and even soybeans. Energy commodities are another option. We could easily trade crude oil, natural gas, Brent crude, and even more exotic options like low sulfur gasoil. There were over 800 CFD options for trading individual stocks. These are stocks listed in the US, Canada, New Zealand, and a few European countries. Cryptocurrency access at Vantage depends on which entity holds your account, and I think it’s one of the more confusing parts of Vantage’s product range to wrap your head around. New Zealand clients have a dedicated Perpetual account, separate from the Standard and Raw accounts, that exists specifically for trading cryptocurrency CFDs. The Perpetual account requires a USD $50 minimum deposit, charges a 0.025% commission per trade, supports NZD and USD as base currencies only, and is the only Vantage account in New Zealand where cryptocurrency CFDs can be traded. United States retail clients cannot trade cryptocurrency CFDs at all under Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) rules. Under Vantage Global Limited, BTCUSD is one of the CFDs a client can trade to qualify for Premium Unlimited, and the firm lists the Bitcoin ETF CFDs ARKB, BITB, BTCO, and IBIT. Exchange Traded Funds (ETFs) were another option, which is a great way to pursue a specific trading or investing theme. For example, if you’re bullish on agricultural stocks, you may choose to purchase an agricultural ETF. There were also bond CFDs, allowing us to speculate on interest rate changes. It was very simple to bring up price quotes for products like the 10-year German government bond. All in all, Vantage has a solid product offering, not as much as some other major brokers, but it should be enough for most traders.

VantageFX customer service, research and education

If you ever have a problem or an inquiry regarding your Vantage account, there are a number of ways you can contact the customer support team to have things resolved. These are via live chat on the website, via email, via phone, and by connecting with the company’s Telegram chatbot. Vantage offers different support hours depending on which entity holds your account. Australian clients of Vantage Global Prime Pty Ltd (ASIC) get a dedicated Australia team, 24/5, via live chat, email and phone, and UK clients of Vantage Global Prime LLP (FCA) also get 24/5 support via live chat, email and phone. Clients onboarded under Vantage’s offshore entities can access 24/7 multilingual support. Our conclusion is that while the customer service processes at Vantage could be improved, they should be sufficient for most traders

Research and education

We’re quite strict on how we rate particular broking firms with regard to forex trader education, as we believe it’s an area the industry could greatly improve on.

With Vantage, there are a number of educational resources, mainly aimed at beginner traders who are new to forex and CFD trading.

There are mini-course-like articles that offer an introduction to forex trading and information like how to set up the MT4 trading platform.

There are regular educational webinars, which are run by a trading education firm called Trade With Precision which focus on topics such as specific technical indicators and trader psychology.

There’s an easy-to-use economic calendar, which is very useful for staying up to date with announcements that could move the markets.

The Vantage platform also has trading tools, such as the sentiment indicators which are graphics showing whether Vantage clients tend to be long or short in a particular market.

We looked through the company’s trade ideas articles which largely had generic market information with some basic technical analysis for certain CFDs and currency pairs.

All up, things aren’t too bad on Vantage’s education front, but we aren’t very impressed.

If you’re a rank beginner, you’ll probably find some of the articles useful for learning the terminology and basic concepts.

But will the trade ideas, trading tools, and sentiment analysis type information give you an edge in the markets? In our opinion, very likely not.

Vantage, as well as many other broking firms, could improve in this regard, especially with providing education and tools for the experienced trader.

Our final verdict on VantageFX

Vantage is overall a solid choice for most CFD and forex traders.

The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using.

If you’re a complete beginner and want to learn how to trade, you can find better educational options elsewhere. But, if you somewhat know what you’re doing, Vantage offers competitive spreads and commissions.

For traders in New Zealand, you should strongly consider using Vantage’s raw ECN account as commission rates are extremely competitive.