Look a broker up before you trust it

Ten quick answers

Does Vantage hold a licence?
It does. Vantage is supervised by ASIC, FCA, FSCA, and its licence number is AFSL 428901. You can look that number up on the regulator's own public register.
How much do I need to open a Vantage account?
Vantage asks for a first deposit of at least $50. Certain account types may require more, so confirm the current amounts on the broker's official website.
Can I trust Vantage with my money?
Vantage has been trading since 2009 and is regulated by ASIC, FCA, FSCA. Before you deposit, check on the regulator's public register that the licence is still valid, and put in only money you can afford to risk on leveraged products.
Can US residents open an account with Vantage?
No. Because of US regulatory requirements (CFTC/NFA), Vantage is not taking clients who live in the United States at present.
How much leverage does Vantage offer?
The highest leverage at Vantage is 30:1 retail / 500:1 offshore. The limit for retail clients depends on where the account is regulated: under tier-1 regulators (FCA, ASIC, CySEC) it is lower than under offshore regulation.
Can I use MetaTrader 4 or MT5 with Vantage?
Yes. MetaTrader 4 and/or MetaTrader 5 are available at Vantage next to its other platforms.
Which trading platforms can I use at Vantage?
At Vantage you trade through MT4, MT5, ProTrader, TradingView. Where applicable, each of these comes in a desktop and a mobile version.
How quickly does Vantage pay out withdrawals?
How long a Vantage withdrawal takes depends on how you are paid: cards are usually handled the same day, e-wallets within 24 hours and bank wires in 1–5 business days. Your KYC verification has to be finished before any withdrawal.
Will Vantage charge me for withdrawing?
As a rule, Vantage makes no charge when you withdraw to the method you deposited with. A payment processor or bank may still add a fee of its own, which the broker does not control. The broker's payment terms give the current details.
Does Vantage have a demo account?
Yes. Vantage provides a demo account at no cost. It is loaded with virtual funds, so you can try the platform, practise your strategies and look around the available markets before you risk real money.