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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Vantage Prime

Australia Australia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.vantageprime.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Cyprus Cyprus 2.92
Surpassed 15.20% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

http://www.vantageprime.com/
Level 29, 31 Market Street Sydney NSW 2000 Australia

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
Vantage Global Prime Pty Ltd.
Email
support@vantageprime.com
Address
Level 29, 31 Market Street Sydney NSW 2000 Australia
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • vantageprime.com
    184.168.131.241
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Vantage Prime Review Summary
Founded2015
Registered Country/RegionAustralia
RegulationASIC (suspicious clone)
Market InstrumentsForex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, bonds
Demo Account
Trading PlatformVantage app, Pro trader, MT4, MT5
Copy Trading
Minimum Deposit$50
Customer SupportLive chat, contact form
Tel: 1300 945 517
Email: support@vantageprime.com, support@vantagemarkets.com
Address: Level 29, 31 Market St, Sydney, New South Wales, 2000, Australia
Facebook, X, Instagram, LinkedIn, YouTube, TikTok, Spotify
Regional RestrictionsCanada, China, Romania, Singapore, the United States

Vantage Prime Information

Vantage Prime is a service provider of premier brokerage and financial services, which was founded in Australia in 2015. Its current status is suspicious clone. The broker offers products and services for forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs and bonds. Besides, residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists are not allowed.

Vantage Prime Information

Pros and Cons

Pros Cons
Demo accountsRegional restrictions
Copy trading offeredCommission fees charged
Various contact channelsSuspicious clone ASIC license
Various trading products
MT4 and MT5 platforms
Low minimum deposit requirement
Various account choices
Popular payment options

Is Vantage Prime Legit?

Vantage Prime is licensed by ASIC to offer services but the current status is suspicous clone. Its license number is 000428901. The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Australian Securities and Investments Commission (ASIC)Suspicious CloneVANTAGE GLOBAL PRIME PTY LTDMarket Maker (MM)000428901
Vantage Prime license

What Can I Trade on Vantage Prime?

Market InstrumentsSupported
Forex
Indices
Precious Metals
Soft Commodities
Energy
ETFs
Share CFDs
Bonds
Cryptocurrencies
Options
Products & Services

Account Type

Account TypeMinimum Deposit
Pro ECN$10,000
Raw ECN$50
Standard$50
Cent$50
Premium$500
Account Type

Vantage Prime Fees

Vantage Prime offers flexible commission options, varying by trading instruments type.

RAW ECN Account

Commission by Lots

Trading Account CurrencyCommission per LOT (100,000 base currency)
AUD-Australian DollarAUD $3 (round turn $6)
USD-US DollarUSD $3 (round turn $6)
GBP-Pound SterlingGBP £2 (round turn £4)
EUR-EuroEUR €2.5 (round turn €5)
SGD-Singapore DollarSGD $3.50 (round turn $7)
JPY-Japanese YenJPY ¥275 (round turn ¥ 550)
NZD-New Zealand DollarNZD $3.25 (round turn $6.50)
CAD-Canadian DollarCAD $3 (round turn $6)
PLN-Polish ZlotyPLN zł15 (round turn PLN zł30)
HKD-Hong Kong DollarHKD $25 (round turn HKD $50)
INR-Indian RupeeINR ₹250 (round turn ₹500)

Commission by Products

ProductCommission (Round turn)
Forex6.0 USD per lot
ETFs12.0 USD per trade
Precious Metals6.0 USD per lot
AU Share CFDs0.08 percentage per lot, min $5 per trade
EU Share CFDs0.1 percentage per lot
HK Share CFDs0.25 percentage per lot, min $6 per trade
UK Share CFDs0.1 percentage per lot

PRO ECN Account

Commission by Lots

Trading Account CurrencyCommission per LOT (100,000 base currency)
AUD-Australian DollarAUD $2 (round turn $4)
USD-US DollarUSD $1.5 (round turn $3)
GBP-Pound SterlingGBP £1 (round turn £2)
EUR-EuroEUR €1.5 (round turn €3)
SGD-Singapore DollarSGD $1.5 (round turn $3)
JPY-Japanese YenJPY ¥175 (round turn ¥350)
NZD-New Zealand DollarNZD $2 (round turn $4)
CAD-Canadian DollarCAD $2 (round turn $4)
PLN-Polish ZlotyPLN zł7.5 (round turn PLN zł15)
HKD-Hong Kong DollarHKD $15 (round turn HKD $30)

Commission by Products

ProductCommission (Round turn)
Forex3.0 USD per lot
ETFs12.0 USD per trade
Precious Metals3.0 USD per lot
AU Share CFDs0.08 percentage per lot, min $5 per trade
EU Share CFDs0.1 percentage per lot
HK Share CFDs0.25 percentage per lot, min $6 per trade
UK Share CFDs0.1 percentage per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Vantage appMobile/
Pro traderPC, laptop, tablet/
Copy tradingPC, laptop, tablet/
MT4PC, laptop, tabletBeginners
MT5PC, laptop, tabletExperienced traders
Trading Platform

Deposit and Withdrawal

The maximum deposit amount is $10,000 (except HKD and JPY), while the minimum deposit is $50.

Deposit/Withdrawal Options Fees Processing Time
Credit/Debit Card (Visa And Mastercard)$0Instant
Apple Pay/Google Pay
PaypalWithin 24 business hours
NetellerSubject to Neteller's feesInstant
Skrill (Moneybookers)Subject to Skrill's feesWithin 24 business hours
Fasapay$0Instant
Perfect MoneyWithin 24 business hours
JCBInstant
BitwalletWithin 24 business hours
Sticpay
India UPI
Vietnam Bank Transfer
Thailand Bank Transfer
Malaysia Bank Transfer
Nigeria Bank Transfer
Philippines Bank Transfer
Brazil Bank Transfer
SouthAfrica Bank Transfer
Uganda Bank Transfer
Kenya Bank Transfer
Ghana Bank Transfer
Japan Bank Transfer
Mexico Bank Transfer
International EFT
Domestic Fast Transfer (Australia Only)
Astropay
Broker-to-Broker Transfer
Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

VANTAGE FX REBRANDS AS VANTAGE TO REFLECT NEW BUSINESS IDENTITY

News VANTAGE FX REBRANDS AS VANTAGE TO REFLECT NEW BUSINESS IDENTITY

ASIC-regulated foreign exchange brokerage ‘Vantage FX’ has become ‘Vantage’ to reflect the culmination of its extensive business transformation. The rebranding shows that the Australia-headquartered company has evolved into an all-encompassing, global financial services provider.

Wiki Q&A

Is Vantage Prime safe to trade with?

Trading with Vantage Prime is a high-risk activity, as this unregulated entity has an overall WikiFX score of 1.52 and lacks credible, verified regulation, placing client funds at significant risk without standard protections like segregated accounts or formal dispute resolution channels.

04-02
United States

Is Vantage Prime regulated?

Vantage Prime operates without any verified, mainstream forex trading licenses. The broker lists an Australian Securities & Investments Commission (ASIC) Market Making License, but this license is categorically flagged as 'Unverified,' meaning it provides no regulatory protection for retail traders and does not permit it to legally offer services to the public.

04-02
United States

Where is Vantage Prime registered?

Vantage Prime is registered under the corporate entity Vantage Global Prime Pty Ltd. in Australia, which has an operational history of 5-10 years.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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