Vantage Prime Forex Broker

Vantage Prime Review SummaryFounded2015Registered Country/RegionAustraliaRegulationASIC (suspicious clone)Market InstrumentsForex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, bondsDemo Account✅Trading PlatformVantage app, Pro trader, MT4, MT5Copy Trading✅Minimum Deposit$50Customer SupportLive chat, contact formTel: 1300 945 517Email: support@vantageprime.com, support@vantagemarkets.comAddress: Level 29, 31 Market St, Sydney, New South Wales, 2000, AustraliaFacebook, X, Instagram, LinkedIn, YouTube, TikTok, SpotifyRegional RestrictionsCanada, China, Romania, Singapore, the United StatesVantage 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.Pros and ConsPros Cons Demo accountsRegional restrictionsCopy trading offeredCommission fees chargedVarious contact channelsSuspicious clone ASIC licenseVarious trading productsMT4 and MT5 platformsLow minimum deposit requirementVarious account choicesPopular payment optionsIs 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)000428901What Can I Trade on Vantage Prime?Market InstrumentsSupportedForex✔Indices✔Precious Metals✔Soft Commodities✔Energy✔ETFs✔Share CFDs✔Bonds✔Cryptocurrencies❌Options❌Account TypeAccount TypeMinimum DepositPro ECN$10,000Raw ECN$50Standard$50Cent$50Premium$500Vantage Prime Fees Vantage Prime offers flexible commission options, varying by trading instruments type.RAW ECN Account Commission by LotsTrading 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 ProductsProductCommission (Round turn)Forex6.0 USD per lotETFs12.0 USD per tradePrecious Metals6.0 USD per lotAU Share CFDs0.08 percentage per lot, min $5 per tradeEU Share CFDs0.1 percentage per lotHK Share CFDs0.25 percentage per lot, min $6 per tradeUK Share CFDs0.1 percentage per lotPRO ECN Account Commission by LotsTrading 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 ProductsProductCommission (Round turn)Forex3.0 USD per lotETFs12.0 USD per tradePrecious Metals3.0 USD per lotAU Share CFDs0.08 percentage per lot, min $5 per tradeEU Share CFDs0.1 percentage per lotHK Share CFDs0.25 percentage per lot, min $6 per tradeUK Share CFDs0.1 percentage per lotTrading PlatformTrading PlatformSupported Available Devices Suitable for Vantage app✔Mobile/Pro trader✔PC, laptop, tablet/Copy trading✔PC, laptop, tablet/MT4✔PC, laptop, tabletBeginnersMT5✔PC, laptop, tabletExperienced tradersDeposit 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)$0InstantApple Pay/Google PayPaypalWithin 24 business hoursNetellerSubject to Neteller's feesInstantSkrill (Moneybookers)Subject to Skrill's feesWithin 24 business hoursFasapay$0InstantPerfect MoneyWithin 24 business hoursJCBInstantBitwalletWithin 24 business hoursSticpayIndia UPIVietnam Bank TransferThailand Bank TransferMalaysia Bank TransferNigeria Bank TransferPhilippines Bank TransferBrazil Bank TransferSouthAfrica Bank TransferUganda Bank TransferKenya Bank TransferGhana Bank TransferJapan Bank TransferMexico Bank TransferInternational EFTDomestic Fast Transfer (Australia Only)AstropayBroker-to-Broker Transfer