Vantage Markets Fees and Minimum Deposit - TU Expert review
While reliability is paramount, fees and minimum deposits are crucial factors when choosing a broker. Lower fees with diverse options make a broker more attractive for trading. The minimum deposit is another important factor for new traders who may not have a substantial amount to invest immediately.
Traders Union analyzed Vantage Markets fees, minimum deposit requirements, and commission structure to assess their suitability for beginner traders.
Short introduction of Vantage Markets
Vantage Markets is a multi-asset broker offering a vast array of 1,000+ trading instruments, including currency pairs, CFDs on stocks, indices, commodities, energy, and ETFs. Holding licenses from reputable regulators like the FCA and ASIC, Vantage Markets ensures a level of security and trust for its clients.
The broker provides a choice between spread-based and commission-based account types, with leverage up to 1:500 on Forex pairs. Its PRO ECN option particularly stands out with commission starting from $1.5 per lot, making it attractive for high-volume traders.
Alongside the popular MetaTrader 4/5 platforms, the broker offers proprietary trading platform ProTrader and a convenient Vantage App. Additionally, Vantage Markets integrates with TradingView, enabling direct trading from the popular charting platform.
| 💰 Account currency: | AUD, USD, GBP, EUR, SGD, and CAD |
| 🚀 Minimum deposit: | $50 |
| ⚖️ Leverage: | Up to 1:20 (for CFDs on stocks), up to 1:500 (for currency pairs) |
| 💱 Spread: | From $0 (Standard STP), from $3 (RAW), from $1.50 (PRO) |
| 🔧 Instruments: | Currency pairs (57), CFDs on stocks (226), indices (26), and commodities (22), energy, ETFs, bonds, share SFDs |
| 💹 Margin Call / Stop Out: | 100/50% |
Vantage Markets Commissions and Fees
Experts at the Traders Union analyzed the trading and non-trading fees of the Vantage Markets broker. A spread is used for a standard STP account. The minimum size is 1.4 pips. For ECN accounts, spreads are not used, instead, a flat fee is applied. Its size is:
-
RAW ECN — 3 USD per lot;
-
Pro ECN — 1.5 USD per lot.
The broker also has swaps — a fee for transferring positions to the next day, which is charged at 00:00 GMT. There are no fees for depositing or withdrawing funds from the Vantage Markets broker.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard STP | From $0 | No |
| RAW ECN | From $3 | No |
| Pro ECN | From $1.5 | No |
| Swap Free | From $0 | No |
A broker is an intermediary between a trader and an exchange. Therefore, brokers charge fees for their services. The fees may have different structure.
There are the following fees in the Forex market:
-
Spread – the difference between the buy and the sell price of an asset.
-
Commission per lot.
-
Commission per trade.
Broker fees may differ depending on the trading account type. For example, on some accounts spread is used as a trading fee, and on others – commission per lot.
Vantage Markets Minimum deposit
How to Start Making Profits — Guide for Traders
Vantage Markets offers its clients three types of trading accounts, one of which is standard STP, and two are ECN. All trading terminals are available to traders, regardless of the type of trading account. The leverage is also the same. This is a brief examination of Vantage Markets trading accounts. If you want to learn how to make money on Vantage Markets, read the Traders Union article.
Vantage Markets - How to open a trading account? | Firsthand experience of Alex Smith by Traders Union
Regardless of the type of trading account, clients are provided with a demo account without any restrictions. Swap-free trading is available for all traders.
Vantage Markets is an STP broker providing favorable conditions for ECN clients.
Brokers similar to Vantage Markets
When analyzing Vantage Markets, it is important to compare it with other similar companies. Before you choose a broker, it is important to compare its trading conditions with competitors. Traders Union analysts have prepared a comparison of the minimum deposit and other trading conditions of Vantage Markets and other brokers.
Comparison of Vantage Markets with other Brokers
| Vantage Markets | RoboForex | Pocket Option | Exness | Octa | Deriv | |
|---|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, WebTrader, Mobile Apps |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Pocket Option, MT5, MT4 |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MetaTrader4, MetaTrader5 |
Deriv bot, Deriv MT5, Derivix, Deriv Trader, SmartTrader |
|
Min deposit |
$50 |
$10 |
$5 |
$10 |
$25 |
$5 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
No |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
1.00%% |
|
Spread |
From 0 points |
From 0 points |
From 1.2 point |
From 1 point |
From 0.6 points |
From 0 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
No |
|
Cent accounts |
No |
Yes |
No |
No |
No |
No |
| Vantage Markets | RoboForex | Pocket Option | Exness | Octa | Deriv | |
|---|---|---|---|---|---|---|
|
Forex |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Metalls |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Crypto |
No |
No |
Yes |
Yes |
Yes |
Yes |
|
CFD |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Indexes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Stock |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
|
ETF |
No |
Yes |
No |
No |
No |
No |
|
Options |
No |
No |
No |
No |
No |
Yes |
Could I recommend Vantage Markets to a beginner trader?
Based on the results of the analysis, Traders Union experts have concluded that the fees charged by the broker are average. There are companies with lower fees. The broker offers a low minimum deposit, but average fees do not make this broker a good choice for novice traders.
FAQs
What are non-trading fees?
Non-trading fees are the fees charged outside the trading process, for example deposit and withdrawal fee, inactivity fee, etc.
Can the level of fees differ for cent and standard accounts?
Yes. On cent accounts, the fees are generally lower than on standard accounts.
Can you reduce the fees?
As a rule, the fees depend on the trading account type. Also, companies may have special offers.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.