Vantage Review

  • By Lucrative

FOUNDATION

Vantage UK is a company that began its activities in the investment industry in 2009. So they have a large experience in the Forex Broker market. 

REGULATION

Vantage UK is regulated by one entity namely FCA. So they are not multi-regulated but guarantee the secure participation of UK’s forex traders.

FCA (Financial Conduct Authority)

Vantage UK is publicly registered with the FCA with the details below:

  • Firm Name: Vantage Global Prime LLP
  • Firm Reference Number: 590299
  • Address: 7 Bell Yard London WC2A 2JRW C 2 A 2 J R UNITED KINGDOM
  • Telephone: +442070435050
  • Email: [email protected]

REGIONAL RESTRICTIONS

They don’t provide their services to people living in certain places like Canada, China, Romania, Singapore, United States and jurisdictions on the FATF and EU/UN sanctions lists. For more information, please click here.

OFFERS AND ASSETS CLASSES

Vantage UK offers 61 currency pairs to be traded. You can trade with Spreads From 0.0 with the Vantage RAW ECN Forex Trading Account, or Vantage PRO ECN Forex Trading Account, and you can choose Leverage up to 30:1. The company offers the following information about the forex pairs: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find all this information by clicking here.

Vantage UK offers 29 Indices to be traded. You can choose Leverage up to 20:1. The company offers the following information about the Indices: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find more information by clicking here.

Vantage UK offers 7 Energy related products to be traded. You can choose Leverage up to 10:1. The company offers the following information about the energy products: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find all this information by clicking here.

Vantage UK offers 7 Soft Commodities to be traded. You can choose Leverage up to 10:1. The company offers the following information about the Soft Commodities products: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find more information by clicking here.

Vantage UK offers 9 Precious Metals to be traded. You can choose Leverage up to 20:1. The company offers the following information about the Precious Metal products: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find all this information by clicking here.

Vantage UK offers 60 ETF’s to be traded. You can choose Leverage up to 5:1. The company offers the following information about the ETF’s: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find more information by clicking here.

Vantage UK offers more than 440 US Shares, more than 50 AU Shares, 97 UK Shares, 135 EU Shares and 48 HK Shares to be traded. You can choose Leverage up to 5:1. The company offers the following information about the Shares: exchange, contract size, minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find more information by clicking here.

And, finally, Vantage UK offers 7 Bonds from EU, US and UK to be traded. You can choose Leverage up to 5:1. The company presents the following Bond’s specifications: contract size, spread (pips), minimum volume per click, maximum volume per click, leverage and trading time (GMT+3). You will find all this information by clicking here.

SPREADS

Vantage UK gives competitive spreads, beginning from 1.0 pips for Standard accounts (no additional commission) and from 0.0 pips for Raw ECN accounts (commission of approximately $3 per lot traded per side – $6 per full lot). Pro ECN accounts offer extremely-low spreads starting from 0.0 pips with barely lower commissions compared to the Raw ECN accounts (are favorable for traders looking for low costs). These spreads can range depending at the foreign money pair and marketplace liquidity.

DEPOSIT AND WITHDRAW METHODS

The forex broker offers a wide variety of payment processors for deposits and withdrawals, which includes credit/debit credit cards (Visa/Mastercard), bank wire, e-wallets including Skrill, Neteller, AstroPay and Paypal. All methods are rapid and secure, with withdrawals processed inside 1-2 enterprise days, depending on the method chosen. In a few instances, Vantage UK additionally permits deposits and withdrawals using cryptocurrencies. Most payment processors are charge-loose, and deposits via credit cards and e-wallets are processed immediately. Bank wire take 1-five enterprise days relying on region.

HIDDEN FEES

Regarding Vantage UK, Standard accounts are fee-unfastened however practice slightly higher spreads. ECN accounts have tighter spreads however price a commission of $3 per lot traded. There are no giant hidden fees, except for the usual ones like swaps to stay positions open overnight. These fees range relying at the asset traded. There are no hidden fee to deposits and withdrawals thru payment processors like credit cards or e-wallets. However, third-party fees might be observed to payment options like Skrill and Neteller. Additionally, there aren’t any inner costs for withdrawals, which can be advantageous for frequent transactions. Please notice that if the account stays inactive for an prolonged period (typically 365 days or extra), an inactiveness fee may be charged.

EXECUTION SPEED

Vantage UK offers high execution speeds (average execution velocity round 30-50 milliseconds), thanks to its advanced fibre-optic network, particularly for its Pro ECN accounts that have direct connection to liquidity companies via low-latency Equinix servers located in strategic financial centers. This setup lets in orders to be performed in sub-seconds, ideal for expert and excessive-frequency traders.

LANGUAGES SUPPORT

Visitors to the Vantage UK website can view the information contained therein in just the English language, what can generate some noise to their audience taking into account they are an international company.

SUPPORT TIME

Vantage UK supports its customers 24 hours a day, 5 days a week (it’s a common practice in the industry).

CONTACT CHANNELS

Vantage UK offers the following customer contact channels:

  1. Live chat
  2. Phone: +44(0)2070435050
  3. Contact Form
  4. Emails: 

Client Support
[email protected]

Complaints
complaints@vantagemarkets.global

ADDRESSES

Vantage UK has just 1 office. Below is their address:

Tower 42, International Financial Centre, Office 704-706, 25 Old Broad Street, London, EC2N 1HN. 

TRADING PLATFORMS OFFERED

If you are registered with Vantage UK, you have access to the MetaTrader 4, MetaTrader 5, Trading View and ProTrader. MetaTrader 4 and MetaTrader 5 are available in Android and iOS too. ProTrader was done by Vantage UK, it is similar with Trading View platform. For more details about ProTrader, you can check by clicking here.

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DEMONSTRATION ACCOUNT

You can choose to open an unlimited demonstration account (after the registration) into the MetaTrader 4 and MetaTrader 5 and practice trading with the same trade instruments used in real accounts using USD, EUR and GBP. Vantage UK lets you use £100,000 (or $100,000, it’s according to your demonstration account currency) of pretend money to trade with. In the demonstration account, you can choose leverage from 1:30 for retail and 1:500 for pro.

TOOLS

They offer Forex Sentiment Indicators into the Forex Market, Commodity Market and Indice Market. We advise you to take a deep look at this tool by clicking here.

They offer a tool called “Market Buzz”. They described the tool: “With exclusive insights as to which markets everyone is talking about, Market Buzz is the must have for traders of all styles”. To you unlock access to the Market Buzz direct from your client portal, simply ensure your Live account is funded with $500 or more”.

Vantage UK offers to their clients a Forex Calculator: you can calculate the Required Margin for your positions, Pip Value, Swap Long and Swap Short.

In terms of providing tools, the company has already offered more.

VPS (Virtual Private Server)

Vantage UK offers VPS which is very beneficial to you like a trader. You can learn more about the VPS offered by Vantage UK by clicking here.

EDUCATIONAL CONTENT

Vantage UK is committed to education. The Vantage Markets Academy is an educational platform designed to help traders enhance their knowledge and skills. It offers a variety of resources including articles, eBooks, live sessions, and comprehensive market analysis. Key features include:

  • Articles: covering diverse trading topics and strategies.
  • eBooks: free downloadable materials for in-depth learning.
  • Live Sessions: real-time educational webinars and events.
  • Market Analysis: detailed insights and updates on financial markets.
  • Client Sentiment: data on trading trends and behaviors.

In terms of providing educational content, the company has already offered more. However, the content currently available is associated with a solid knowledge base that allows traders to improve their level.

FUNDAMENTAL ANALYSIS

Vantage UK offers an Economic Calendar. Learn More by clicking here.

The Market Analysis section on Vantage UK’s website provides comprehensive daily and weekly updates on market trends and events affecting various financial instruments. It includes detailed articles on economic events. The section aims to help traders stay informed and make educated decisions by providing live market updates and insights. But their daily market analysis is not really updated daily.

You can check by clicking here.

TECHNICAL ANALYSIS

The Technical Analysis is provided by TradingView, it’s not updated daily. They have VSocial app where clients can connect using Vantage MT4 accounts and copy trades from the signal providers there. So, directly, the company doesn’t offer Free Signals.

NEGATIVE BALANCE PROTECTION

Vantage UK offers Negative Balance Protection to its clients as part of its Client Agreement, which ensures that clients cannot lose more than their overall account balance.

AWARDS

Vantage UK has already won 49 Awards that are listed below. So despite being in the fifth position in our forex broker’s ranking, they are ranked in the third position when we talk about awards.  

  1. Recommended for Forex (Blue Ribbon Winner 2011)
  2. Best Forex Execution (IB Times 2012)
  3. Best ECN/STP Broker (Forex Awards 2016)
  4. Financial Trading Services Provider Of The Year (Wealth and Finance International 2017)
  5.  Financial Trading Services Provider Of The Year (Fintech Awards 2017)
  6. Financial Trading Services Provider Of The Year (Finance Monthly 2017)
  7. Financial Trading Services Provider Of The Year (Fintech Awards 2018)
  8. Financial Trading Services Provider Of The Year (Corporate Vision Magazine 2019)
  9. Best MT4/MT5 Broker & Lowest Trading Costs (EMG Publishing – M&A Today – 2020
  10. Financial Trading Services Provider Of The Year (EMG Publishing – M&A Today – 2020)
  11. Excellence in Customer Service (Fintech Awards 2021)
  12. Best Trading Services Provider APAC (ADVFN International Financial Awards 2022)
  13. Best Forex Broker Of The Year (EMG – Global 100 Awards 2022)
  14. Excellence in Customer Service (EMG – Global 100 Awards 2022)
  15. Best MT4/MT5 Broker & Lowest Trading Costs (EMG – Global 100 Awards 2022)
  16. Financial Trading Services Provider Of The Year – Global (EMG – Global 100 Awards 2022)
  17. Best Leading Regulated Forex Broker Of The Year (EMG – Global 100 Awards 2022)
  18. Best Web Based Trading Platform and Mobile App (EMG – Global 100 Awards 2022)
  19. Most Innovative Forex Trading Platform Globe (International Business Magazine 2022)
  20. Best New Trading App Globe (International Business Magazine 2022)
  21. Best CFD Broker UK (International Business Magazine 2022)
  22. Best Mobile Trading App (Ultimate Fintech Awards 2022)
  23. Best Customer Support Australia (Ultimate Fintech Awards 2022)
  24. Best Broker Australia (Ultimate Fintech Awards 2022)
  25. Best in CFD trading 2022 (The European – Global Banking & Finance Awards 2022)
  26. 50 Best Companies To Watch 2022 (Silicon Review)
  27. Most Trusted Forex Broker – Asia (The Global Forex Awards 2022 – Retail)
  28. Best Forex Trade Execution – Global (The Global Forex Awards 2022 – Retail)
  29. Best Forex Mobile Trading Platform/App – Global (The Global Forex Awards 2022 – Retail)
  30. Top 10 Honored Companies Of The Year 2022 (CEO Views)
  31. Best CFD’s Retail Broker (Finance Magnates London Summit)
  32. Best Trading App (Professional Trader Awards 2022)
  33. Best APAC Region Broker (ADVFN International Financial Awards 2023)
  34. Best In Class – MetaTrader (ForexBrokers.com 2023 Annual Awards)
  35. Best In Class – Social Copy Trading (ForexBrokers.com 2023 Annual Awards)
  36. Best Affiliate Program LATAM (International Business Magazine 2023)
  37. Best Introducing Broker Program MENA (International Business Magazine 2023)
  38. Best Affiliate Program – Global (Global Bonds Magazine 2023)
  39. Best Forex Affiliate Program – Global (Global Bonds Magazine 2023)
  40. Best CFD Broker – Australia (Business Tabloid Awards)
  41. Best Trading Experience – MEA (Ultimate Fintech Awards 2023)
  42. Most Transparent Broker – MEA (Ultimate Fintech Awards 2023)
  43. Best Online CFD Trading Broker Global (International Business Magazine 2023)
  44. Best CFD Trading Platform Global (International Business Magazine 2023)
  45. Best Trade Execution (The Global Forex Awards 2023 – B2B) 
  46. Best Multi-Asset Broker – Global (Global Business and Finance Magazine 2023)
  47. Best Online Trading Platform – Global (Global Business and Finance Magazine 2023)
  48. Best Affiliate/Introducing Broker Program – APAC (Global Business and Finance Magazine 2023)
  49. Best CFD Broker – APAC (Global Business and Finance Magazine 2023)
  50. Best Professional Trading Platform (Professional Trader Awards 2023)
  51. Best Professional Trading App (Professional Trader Awards 2023)
  52. Most Trusted Broker (Professional Trader Awards 2023)
  53. Best in Class – Social Copy Trading (ForexBrokers.com 2024 Annual Awards)
  54. Best CFD Broker – Global (Global Brands Magazine 2024)
  55. Most Innovative Broker (FX Broker Tester 2024)
  56. Best Trade Execution (Global Forex Awards – BSB 2024)
  57. Best Value Broker Global (International Business Magazine 2024)
  58. Most Transparent Broker Global (International Business Magazine 2024)
  59. Most Trusted Broker Global (International Business Magazine 2024)
  60. Best Overall Broker – Australia (DayTrading Awards 2024)
  61. Best Regulated Broker (Money Expo Colombia)
  62. Best Trading Experience (Ultimate FinTech Awards 2024)
  63. Best Multi-Asset Broker (Online Money Awards 2024)

COPY TRADING

Vantage UK provides a way for its clients to copy other traders’ trades. It’s called social trading (or copy trading). They offer an app called VSocial that comes with the following features: 

  1. Chat with traders and trade on the same platform;
  2. Find friends;
  3. Challenge a friend’s trade or inverse the one who always gets it wrong.

ADDITIONAL INFORMATION

Vantage UK website looks nice and modern. The way information is arranged makes it simple for people to move around different parts. The colors look nice and the amount of empty space is well balanced. The font choice adds to a professional look. The website has an easy-to-use design that can be used by both experienced traders and people who are new to finance.

Vantage UK thinks security and following rules are very important. So the website explains how they protect client information with encryption technology and strict internal rules.

The assessment of Vantage UK by customers elicits a heterogeneous range of opinions. While certain individuals express their appreciation for the customer service and transparency exhibited by the organization, there exist others who voice their grievances regarding the sluggishness of withdrawal processes and the unresponsiveness of the support team. There exist apprehensions regarding the dependability of their trading platform and copy system. Many users perceive the broker as reliable and endorse it due to its diverse range of assets and round-the-clock customer support.

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