Broker review

Vantage review: Vantage Markets UK, Australia and offshore

Vantage lists 6 companies in our data: FCA and ASIC companies for the UK and Australia, an FSCA company in South Africa, and three offshore ones. EUR/USD from 1.4 pips on Standard STP or 0.0 pips on RAW ECN plus commission; minimum deposit $50.

Written and checked by: Low Spread Brokers team
Updated: 20 Oct 2026

Low Spread Brokers does not give personal investment advice.

Verdict at a glance

Vantage

8.0/10

Entities 6

Tier 1FCA590299
Tier 1ASIC428901
Tier 2FSCA51268
OffshoreCIMASIBL 1383491
OffshoreVFSC700271
OffshoreFSC MauritiusNot published

Minimum deposit: $50
EUR/USD spread from: 0.0 pips (RAW ECN (inferred: unlabeled block), 17 Feb 2026)
Max retail leverage: 30:1 (major currency pairs, retail); lower for other instruments (FCA) · up to 30:1 (retail clients) (ASIC) · 100:1 to 500:1 (global help center, all account types; certain products fixed) (VFSC)
Platforms: MT4, MT5, TradingView, proprietary
Founded: 2009

2 of 6 licences checked on the register, 20 Oct 2026

Visit brokerUnpaid link

72.65% of retail investor accounts lose money when trading CFDs with this provider (Vantage Global Prime LLP).

All broker reviews

Vantage’s preliminary rating is 8.0/10: accounts 8.5/10, costs 7.6/10, regulation 8.0/10 and platforms 8.0/10. Regulation is held back by the offshore companies that onboard most clients outside the UK and Australia. Figures come from Vantage’s pages, checked 19 Oct 2026; we have not opened a live account. Read first: how we rankhow we make moneyeditorial policy

Edited by Low Spread Brokers team · Updated 20 Oct 2026

Quick answer

Is Vantage a good broker?

In the UK, Vantage means Vantage Global Prime LLP, FCA licence 590299 as Vantage publishes it, with a 30:1 cap on major pairs, negative balance protection and FSCS cover. Elsewhere outside Australia and South Africa the international site opens accounts with Vantage Global Limited in Vanuatu, with leverage of 100:1 to 500:1 and none of those protections.

72.65% of retail accounts with the UK company lose money, as Vantage publishes it (checked 19 Oct 2026).
RAW ECN commission: USD 3.00 per lot per side on international accounts, as a “from” figure.
Third-party reports, not verified with the regulators, concern the Vanuatu company; check the VFSC site before relying on it.
Accounts in our data: Standard, Raw, ECN, Islamic, Demo, Copy, Cent, Spread betting, Professional.

Vantage pros and cons

Pros

FCA and ASIC companies with negative balance protection and a 30:1 retail cap
EUR/USD from 0.0 pips on RAW ECN, 1.4 pips on Standard STP
9 account types, including raw, swap-free, copy, cent and UK spread betting
MT4, MT5, TradingView and its own platform

Cons

Most clients outside the UK, Australia and South Africa are onboarded by the offshore Vanuatu company
Unverified third-party reports about the Vanuatu company (SC Malaysia alert, 2021; VFSC notice, 2022)
Spread tables on Vantage’s pages are not labelled by account type

Entities and regulation

Vantage lists 6 companies in our data. The one that opens your account sets your leverage cap, negative balance protection and compensation scheme. Licence numbers are as the broker publishes them; check each on its regulator’s register.

Entities and regulation
Entity	Regulator	Licence	Max. retail leverage	Negative balance protection	Compensation
Vantage Global Prime LLP	Tier 1 FCA	590299Checked on the register, 20 Oct 2026	30:1 (major currency pairs, retail); lower for other instruments	Yes	FSCS up to £85,000 per person, per firm (eligible clients); plus excess-of-FSCS insurance via Lloyd's of London up to £1 million in aggregate
Vantage Global Prime Pty Ltd	Tier 1 ASIC	428901Checked on the register, 20 Oct 2026	up to 30:1 (retail clients)	Yes	Not published
Vantage Markets (Pty) Ltd	Tier 2 FSCA	51268As published by the broker	Not published	Not published	Not published
Vantage International Group Limited	Offshore CIMA	SIBL 1383491As published by the broker	Not published	Not published	Not published
Vantage Global Limited	Offshore VFSC	700271As published by the broker	100:1 to 500:1 (global help center, all account types; certain products fixed)	Not published	Not published
VIG Group (full legal name not published)	Offshore FSC Mauritius	Not publishedAs published by the broker	Not published	Not published	Insurance via Willis Towers Watson, claims eligibility up to USD 1,000,000 per claimant (broker statement, not a statutory scheme)

Which entity will I get?

Pick your region to see which company our data says would hold your account.

UKAustraliaSouth AfricaRest of world

Vantage Global Prime LLP · FCA · 590299 · Max retail leverage 30:1 (major currency pairs, retail); lower for other instruments

Vantage Global Prime Pty Ltd · ASIC · 428901 · Max retail leverage up to 30:1 (retail clients)

Vantage Markets (Pty) Ltd · FSCA · 51268 · Max retail leverage Not published

Vantage Global Limited · VFSC · 700271 · Max retail leverage 100:1 to 500:1 (global help center, all account types; certain products fixed)

Warnings about the offshore company

Third-party reports, not verified with the regulators: Securities Commission Malaysia investor alert (2021) and a VFSC notice of intention to revoke the licence of Vantage Global Limited (24 Oct 2022). Check the VFSC and SC Malaysia sites before relying on the offshore entity.

Client money

Vantage Global Prime LLP states FSCS cover up to £85,000 for eligible clients plus insurance above the FSCS limit through Lloyd’s of London, up to £1 million in aggregate. The Mauritius company’s insurance claim limit is the broker’s own statement, not a statutory scheme.

Costs and fees

Spreads as Vantage publishes them. Its spread tables are not labelled by account, so the account names below are inferred from the order of the tables, as noted in each row. Archived rows from February 2026 sit next to the UK page checked 19 Oct 2026.

Spreads by pair and account

Spreads by pair and account
Pair	Account	Published spread	Checked	Source
EUR/USD	Standard STP (inferred: first, unlabeled block on spreads page)	1.4 pips from	17 Feb 2026	https://web.archive.org/web/20260217132124/https://www.vantagemarkets.com/en/trading/fees/spreads/
EUR/USD	RAW ECN (inferred: unlabeled block)	0.0 pips from	17 Feb 2026	https://web.archive.org/web/20260217132124/https://www.vantagemarkets.com/en/trading/fees/spreads/
GBP/USD	Standard STP (inferred: first, unlabeled block)	1.6 pips from	17 Feb 2026	https://web.archive.org/web/20260217132124/https://www.vantagemarkets.com/en/trading/fees/spreads/
GBP/USD	RAW ECN (inferred: unlabeled block)	0.5 pips from	17 Feb 2026	https://web.archive.org/web/20260217132124/https://www.vantagemarkets.com/en/trading/fees/spreads/
EUR/USD	Standard STP (inferred: first, unlabeled block)	1.4 pips from	19 Oct 2026	https://www.vantagemarkets.co.uk/trading/fees/spreads/
EUR/USD	RAW ECN (inferred: unlabeled block)	0.0 pips from	19 Oct 2026	https://www.vantagemarkets.co.uk/trading/fees/spreads/

2 of 6 licences checked on the register, 20 Oct 2026

Commission

3 USD per lot per side (RAW ECN (international entities; 'from'))

Swaps

Swap rates for Vantage are not in our data; check the overnight rate of the company that holds your account before keeping a position open overnight.

Non-trading fees

Deposit fee: Not in our data
Withdrawal fee: Not in our data
Inactivity fee: Not in our data

Account types

Account types listed for Vantage in our data; terms differ by company. The Standard STP minimum deposit is $50. Minimum deposit: $50

StandardCosts built into the spread, no separate commission.
RawRaw spread with a commission charged per lot.
ECNMarket spread plus commission; the broker’s own label for its raw pricing.
IslamicSwap-free: no overnight interest; the broker sets other charges instead.
DemoVirtual money with live prices.
CopyFollow other traders’ positions automatically.
CentBalance and lot sizes in cents, for small position sizes.
Spread bettingUK spread bets: a stake per point instead of CFD contracts.
ProfessionalFor clients who opt up: higher leverage, fewer retail protections.

Professional status

Opting up to professional status with Vantage removes retail protections such as leverage caps and negative balance protection.

Demo account

Vantage offers a demo account (checked 20 Oct 2026 on Vantage’s site). Virtual balance: $1,000 to $100,000, chosen by you, in USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD or JPY. How long it lasts: 30 days on MT4 and MT5, disabled earlier after 14 days without trading; 30 days on the Vantage app, resettable there. Platforms: MT4, MT5 and its own app. Demo results do not include slippage or the cost of a real loss.

Trading platforms

Platforms Vantage offers, from our data (checked 19 Oct 2026).

MT4MetaTrader 4: expert advisors and a wide indicator library.
MT5MetaTrader 5: more order types and timeframes than MT4.
TradingViewPlace trades from TradingView charts.
proprietaryThe broker’s own web and mobile platform.

Markets

Forex: CFDs, plus spread bets for UK clients
Other markets: Not recorded in our data; check the product list of the company that holds your account

Deposits and withdrawals

Funding methods listed on Vantage’s pages. Availability depends on your country and the company that holds your account.

Debit card
Credit card
Bank transfer
Skrill
Neteller
E-wallets
Alternative payment methods

List copied from the broker’s pages, checked 19 Oct 2026.

Before your first withdrawal

Methods in our data: 7
Withdrawal fees and times: Not in our data yet
Where to check: The deposits and withdrawals page of your company’s website

Score breakdown

Four criteria scored 0–10 from published data. Research and support show “not measured” until we open live accounts; the marker on each bar is the average of this page’s comparison set.

8.0/10

CostsWeight 25%7.6Set average 7.4
PlatformsWeight 15%8.0Set average 7.5
RegulationWeight 25%8.0Set average 7.4
AccountsWeight 15%8.5Set average 8.2
ResearchWeight 10%Not measuredNot measuredSet average 0.0
SupportWeight 10%Not measuredNot measuredSet average 0.0

Published data log

Every dated entry behind the figures on this review, copied from Vantage’s own pages. Licence rows show the leverage the broker publishes for that company.

Published data log
Checked	Entry	Published value
17 Feb 2026	EUR/USD spread, Standard STP (inferred: first, unlabeled block on spreads page)	1.4 pips from
17 Feb 2026	EUR/USD spread, RAW ECN (inferred: unlabeled block)	0.0 pips from
17 Feb 2026	GBP/USD spread, Standard STP (inferred: first, unlabeled block)	1.6 pips from
17 Feb 2026	GBP/USD spread, RAW ECN (inferred: unlabeled block)	0.5 pips from
19 Oct 2026	EUR/USD spread, Standard STP (inferred: first, unlabeled block)	1.4 pips from
19 Oct 2026	EUR/USD spread, RAW ECN (inferred: unlabeled block)	0.0 pips from
19 Oct 2026	Retail loss rate, Vantage Global Prime LLP	72.65%
Not published	Licence 590299, FCA: max. retail leverage	30:1 (major currency pairs, retail); lower for other instruments
Not published	Licence 428901, ASIC: max. retail leverage	up to 30:1 (retail clients)
Not published	Licence 51268, FSCA: max. retail leverage	Not published
Not published	Licence SIBL 1383491, CIMA: max. retail leverage	Not published
Not published	Licence 700271, VFSC: max. retail leverage	100:1 to 500:1 (global help center, all account types; certain products fixed)
Not published	Licence Not published, FSC Mauritius: max. retail leverage	Not published

Our verdict on Vantage

8.0/10

Vantage combines a wide account range with FCA and ASIC companies, which is why its accounts score is 8.5/10. Who you sign up with decides the rest: UK and Australian residents get Tier 1 rules, most other clients get the Vanuatu company and up to 500:1 leverage.

Choose it if

you live in the UK or Australia and want MT4, MT5 or TradingView
you want a raw-spread or swap-free account

Look elsewhere if

you would be onboarded by the Vanuatu company and want regulator-backed protection
you need a published average spread rather than a minimum

Visit brokerUnpaid link

72.65% of retail investor accounts lose money when trading CFDs with this provider (Vantage Global Prime LLP).

What changed

19 Oct 2026 Companies, spreads, commission, minimum deposit and the UK loss rate collected from Vantage’s pages.
24 Oct 2022 Date of the VFSC notice about Vantage Global Limited in third-party reports; not verified with the VFSC.

Alternatives to Vantage

IC Markets, ThinkMarkets, Tickmill and Admirals (Admiral Markets): other brokers with both a raw-spread and a swap-free account, in the order of this page’s rule.

1
IC Markets
8.1/10
Minimum deposit
$0
EUR/USD spread from
0.1 pips
Regulated by
ASIC, CySEC, FSA Seychelles, SCB
Visit brokerUnpaid link
73.46% of retail investor accounts lose money when trading CFDs with this provider (IC Markets (EU) Ltd).
Read review
2
ThinkMarkets
7.6/10
Minimum deposit
$10
EUR/USD spread from
Not measured
Regulated by
FCA, CySEC, ASIC, ASIC, DFSA, FSCA, FSA Seychelles, CIMA, FMA, Unregulated
Visit brokerUnpaid link
75% of retail investor accounts lose money when trading CFDs with this provider (TF Global Markets (UK) Limited).
3
Tickmill
7.8/10
Minimum deposit
$100
EUR/USD spread from
0.0 pips
Regulated by
FCA, DFSA, CySEC, FSCA, FSA Seychelles
Visit brokerUnpaid link
68% of retail investor accounts lose money when trading CFDs with this provider (Tickmill UK Ltd).
4
Admirals (Admiral Markets)
7.8/10
Minimum deposit
€100
EUR/USD spread from
0.0 pips
Regulated by
CySEC, FCA, FSA Seychelles, ASIC, FSCA
Visit brokerUnpaid link
74% of retail investor accounts lose money when trading CFDs with this provider (Admirals Europe Ltd).

Risk warning:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Low Spread Brokers does not give personal investment advice.

Advertiser disclosure How we rank brokers

FAQ

Vantage review: questions

Answers use Vantage’s published terms collected on 19 Oct 2026. Terms change: check the broker’s own page before you trade.

Ask a question

We cannot give personal investment advice.

1Is Vantage FCA regulated?

Its UK company is: Vantage Global Prime LLP, FCA licence 590299 as Vantage publishes it. Search the number on the FCA Register and check that the website listed there is vantagemarkets.co.uk.