VANTAGE Forex Broker

VANTAGEReview SummaryFounded1991Registered Country/RegionEgyptRegulationNot regulatedMarket InstrumentsStocks in various industries and securitiesDemo Account/Trading PlatformWeb, Mist WS and mobile appMin Deposit0Customer SupportTel: +20 22560 4072, +20 22560 4073Whatsapp: 01025000896Address: St. No. 28; Building No. 170; fourth floor, flat No. 9; Fifth District Building, Fifth Settlement, New Cairo VANTAGE was founded by Vantage Securities Brokerage in 1991 in Egypt. It offers trading in various stock portfolios and securities. Traders can trade through Web, Mist WS and mobile apps. Though it doesn't have the minimum deposit requirement, it is unregulated.Pros and ConsPros Cons ExperiencedNo regulationClear fee structureTransfer fee for some banksMultiple trading platformsNo minimum depositIs VANTAGE Legit? No, VANTAGE is not regulated by any financial authorities. Traders should be careful when trading.What Can I Trade on VANTAGE?Tradable Instruments Supported Stocks ✔Securities ✔Forex❌Commodities❌Indices❌Stocks❌Cryptocurrencies❌Commission There is no commission for opening account on VANTAGE.Other Fees The brokerage fees of VANTAGE depend on the trading volume. It starts from 0.002 , apart from the commission of the Stock Market, MCSD and the Custodian Bank or any other governmental fees. Traders like to have their orders permanently will have a commission of 0.0005 would be added plus the fees stated in the table below. Besides, traders can place 10 free orders, if more, 0.0005 fees would be added over the above mentioned fees for all transactions of this month.Trading Volume on a Monthly BasisFees LE 1-9999990.0021 million-19999990.001752 million- 29999990.00153 million- 39999990.001254 million- 49999990.0015 million- 99999990.0007510 millions- 149999990.000515 millions- 249999990.0002525 million or more fees0.0001Trading PlatformTrading PlatformSupported Available Devices Suitable for Web✔WebExperienced tradersMist WS ✔WebExperienced tradersMobile app✔MobileExperienced tradersDeposit and Withdrawal Traders can deposit through bank transfer with cash. There are two ways to withdraw: bank transfer and a closed cheque issued in the name of the client. There are no transfer fees in case of transferring to the following banks: Arab African International Bank, CIB, Ahli United Bank, Banque Misr, NBK. If other banks, 0.001 transfer fees will be deducted with a minimum of EGP 25 and up to EGP 50, plus EGP 20 swift fees.