Vantage

01 / The record

The record. 13 of 25 fields sourced.

Each cell is one tracked field. Lit cells carry a verified source; grey cells are pending verification. Coverage is not a score.

Licence

VerifiedLicence number

Identity

VerifiedName
VerifiedLegal name
PendingParent
PendingFounded
PendingHeadquarters
PendingListing
VerifiedWebsite

Trading

VerifiedPlatforms
VerifiedAccount types
PendingMin deposit
PendingMax leverage
VerifiedInstruments
VerifiedSpreads
VerifiedCommissions
PendingSwaps
PendingFunding

Conduct

VerifiedSupport
VerifiedSwap-free
PendingExecution
PendingLiquidity providers
VerifiedRestrictions
PendingAccepted countries
PendingEducation
VerifiedClient money

02 / Licences

Licences. 2 numbers on file.

Copied from the linked page, with the entity that holds each one. A pending pass means the regulator was named without a number we could copy.

FSC-MU · MauritiusVerified
VIG Group
GB20026165
Financial Services Commission, Mauritius
Full-service investment dealer, excluding underwriting Taken from the broker's own legal disclosure; not cross-checked on the register. Registered address Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity.
Broker disclosureVantage regulations page and footer2 Nov 2026
FSCA · South AfricaVerified
Vantage Markets (Pty) Ltd
51268
Financial Sector Conduct Authority
Authorised FSP Shown on the regulator's own register. FSCA FSP register search shows FSP 51268, VANTAGE MARKETS (PTY) LTD, status Authorized. Broker disclosure gives the registered address 18 Cavendish St, Claremont, Cape Town.
RegulatorFSCA FSP register search, FSP 51268 (VANTAGE MARKETS (PTY) LTD)2 Nov 2026
CIMA · Cayman IslandsUnverified
Entity name not shown in page text (trading under Vantage)
1383491
Cayman Islands Monetary Authority
Securities Investment Business Law (SIBL) number Taken from the broker's own legal disclosure; not cross-checked on the register. Footer entity name was not rendered; SIBL number 1383491 as printed.
Broker disclosureVantage regulations page and footer2 Nov 2026
VFSC · VanuatuPending verification
Vantage Global Limited
Pending verification
Vanuatu Financial Services Commission
Securities or derivatives investment business licence Site says the international sign-up is with Vantage Global Limited, regulated by the VFSC; no licence number on the page.
Broker disclosureVantage regulations page and footer2 Nov 2026

03 / Licence strength

Licence strength. Every term shown.

A transparent count of the regulators behind this record and the licences read on a register. It is not a safety rating, and a missing score is never a zero.

Licence strength

4points

FSCA 2 + FSC-MU 1 + 1 register check = 4

FSCA +2FSC-MU +1Register checks +1

All 38 scored records

Higher than 5 of 38 scored records. 4 records have no score yet (pending, not zero).

Formula · every term

Regulator	Tier	Licences	Where	Points
FSCAFinancial Sector Conduct Authority	T2	1	South Africa	+2
FSC-MUFinancial Services Commission, Mauritius	T3	1	Mauritius	+1
Register checks		1	Licence numbers read on the regulator’s own register	+1
Licence strength				4

Each distinct regulator with a verified, numbered licence counts once: Tier 1 · major onshore = 3, Tier 2 · mid-tier = 2, Tier 3 · offshore = 1, not in our reference set = 1. Plus 1 per licence read on the regulator’s register. Pending licences add nothing. This is a count of what is on file, not a safety rating. Tiers are Market Explain’s editorial grouping, explained on the methodology page.

04 / Protection by entity

Protection by entity. Rule beside statement.

For each licensed entity: the regulator's own retail rules, what the broker publishes for that entity, and links to check the register yourself.

Negative balance protectionNot offered

The international site states clients are not guaranteed FCA-style negative balance protection; the UK entity is separate.

Vantage regulations page and footer

Compensation schemeNot offered

International entities are not covered by the FSCS or Financial Ombudsman Service; Vantage says it is a member of The Financial Commission.

Vantage regulations page and footer

Segregated client moneyStated

Client money held in segregated client accounts separate from the relevant Vantage entity's own funds.

Vantage fund insurance page

Client moneyStated

Client money held in segregated accounts separate from the entity's own funds; excess of loss insurance via WTW up to USD 1 million per claim, USD 50 million aggregate.

Vantage fund insurance page

T3FSC-MU· Mauritius
VIG Group
No. GB20026165
Verified
Retail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
Pending verification
Broker-published leverage for this entity
Pending verification
Verify it yourself Register Licence source
T2FSCA· South Africa
Vantage Markets (Pty) Ltd
No. 51268
VerifiedRegister-checked
Retail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
Pending verification
Broker-published leverage for this entity
Pending verification
Verify it yourself Register Warning list Licence source
N/CCIMA· Cayman Islands
Entity name not shown in page text (trading under Vantage)
No. 1383491
Pending verification
Retail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
Pending verification
Broker-published leverage for this entity
Pending verification
Verify it yourselfLicence source Regulator not in our reference set yet
T3VFSC· Vanuatu
Vantage Global Limited
Licence number pending verification
Pending verification
Retail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
Pending verification
Broker-published leverage for this entity
Pending verification
Verify it yourself Register Licence source

Regulator rules are quoted from official pages in our reference set (checked 2 Nov 2026); broker statements are the broker’s own and often apply to one entity or website only. Which entity holds your account is named in your client agreement.

05 / Accounts and costs

Accounts and costs. 3 account rows.

Account terms as the broker publishes them, the EUR/USD floor where the text allows a computation, leverage per entity, fees and payment rails.

Account types · 3 on fileCompare cost floors →

Account	Min deposit	EUR/USD spread	Commission	Floor / lot RT	Source
RAW ECNInternational entities (see licences)	Pending	Pending	USD 3.00 per lot per side	Not computable	Vantage trading accounts page (international site) 2 Nov 2026
Standard STPInternational entities (see licences)	Pending	Pending	None	Not computable	Vantage trading accounts page (international site) 2 Nov 2026
PRO ECNInternational entities (see licences)	Pending	Pending	from USD 1.50 per lot per side	Not computable	Vantage trading accounts page (international site) 2 Nov 2026

Floor = advertised EUR/USD spread × USD 10 per pip + commission for both sides, per 100,000 EUR lot. Advertised “from” or average spreads are the broker’s own figures, not measured spreads; real costs are higher when spreads widen.

Leverage by entity · broker-published maximums

Pending verification

Log scale shared by every record, up to the highest ratio published on file (1:10,000). Higher leverage means larger possible losses; retail caps onshore are usually far lower.

Fees and payment rails

Inactivity fee: Pending verification
Deposit fees: Pending verification
Withdrawal fees: Pending verification
Base currencies: Pending verification
Deposit methods: Pending verification
Withdrawal methods: Pending verification
Support channels: Pending verification
Support languages: Pending verification

06 / Corporate family

Corporate family.

Who sits behind the brand: the parent when a source names it, and each licensed entity with its licences and offices.

Parent

Pending verification

Brand

Vantage

4 entities · 4 licences

Vantage Markets (Pty) Ltd
South Africa
- T2FSCA51268✓
Vantage Global Limited
Vanuatu
- T3VFSCpending
VIG Group
Mauritius
- T3FSC-MUGB20026165
Unnamed entity · CIMA
Cayman Islands
- N/CCIMA1383491

Entities are grouped by the legal name printed on each licence source. A parent is shown only when a page we opened names it. ✓ = licence number read on the regulator’s own register.

07 / Figures on file

Figures on file.

These charts read the same sourced sentences as the fields below. A gap is unverified. It is not a zero and it is not a rating.

Deposit
Pending verification
Commission
Verified text has no currency amount
Instruments
Foreign exchange, CFDs, Shares and equities, ETFs, Commodities, Crypto, Indices

Licence numbers on fileCount of licence numbers with a source. Zero means none were copied, not that the firm is unlicensed.

All 42 brokers plotted. Showing top 8.

Markets named in verified textA fixed word list applied to the instruments field. Pending text is left off.

12 of 42 brokers have no verified value and are left off. Showing top 8.

Minimum depositPlotted only when the sourced sentence states a number or says there is no minimum.

This broker: pending verification.13 of 42 brokers have no verified value and are left off. Showing top 8.

Advertised commissionA currency amount copied from a verified commissions field. An advertisement, not a measured cost.

This broker: pending verification.28 of 42 brokers have no verified value and are left off. Showing top 8.

08 / Conditions

Conditions. Field by field.

Identity, trading and conduct. Each field shows its source, the kind of source and the day it was checked.

Identity

Legal name

Verified

VIG Group

Vantage website · Broker disclosure · Checked 2 Nov 2026

Parent

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Founded

Pending verification

Checked 2 Nov 2026. No figure is published.Why Vantage page returned 403.

Headquarters

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Listing

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Website

Verified

https://www.vantagemarkets.com/

Vantage website · Broker disclosure · Checked 2 Nov 2026

Trading

Platforms

Verified

Vantage App · Vantage Web Trading · MetaTrader 4 · MetaTrader 5 · TradingView

Vantage website · Broker disclosure · Checked 2 Nov 2026

Account types

Verified

Standard STP, RAW ECN, PRO ECN, Cent and Swap-Free, as listed in the homepage FAQ.

Vantage website · Broker disclosure · Checked 2 Nov 2026

Minimum deposit

Pending verification

Checked 2 Nov 2026. No figure is published.Account cards show USD 50 and USD 10,000 minimums, but the cards could not be tied to account names unambiguously and the page 403s on re-check. Left blank.

Maximum leverage

Pending verification

Checked 2 Nov 2026. No figure is published.Leverage values not visible in page text fetched.

Instruments

Verified

Page headline: over 1,000+ CFD instruments across forex (60+ pairs), indices, commodities, share CFDs, ETFs and cryptocurrencies.

Vantage spreads page · Broker disclosure · Checked 2 Nov 2026

Spreads

Verified

Standard STP from 1.0 pips (FAQ; cards show 1.1), RAW ECN and PRO ECN from 0.0 pips.

Vantage trading accounts page (international site) · Broker disclosure · Checked 2 Nov 2026Advertised minimums. The FAQ and card figure for Standard STP differ (1.0 vs 1.1).

Commissions

Verified

RAW ECN USD 3.00 per standard lot per side; PRO ECN from USD 1.50; Standard STP none. Other currencies: GBP 2, EUR 2.5, SGD 3.50 per lot per side.

Vantage commission page · Broker disclosure · Checked 2 Nov 2026

Swaps

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Deposits and withdrawals

Pending verification

Checked 2 Nov 2026. No figure is published.Deposit and withdrawal methods not captured.

Conduct and access

Support

Verified

24/7 support; live chat and email, with email replies in 1-3 business working days.

Vantage contact page · Broker disclosure · Checked 2 Nov 2026

Swap-free or Islamic

Verified

A Swap-Free account type is listed in the homepage FAQ.

Vantage website · Broker disclosure · Checked 2 Nov 2026

Execution

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Liquidity providers

Pending verification

Checked 2 Nov 2026. No figure is published.Not stated.

Restrictions

Verified

Does not serve residents of India, Canada, China, Hong Kong, Singapore, the United States or FATF-listed / sanctioned jurisdictions, among others.

Vantage regulations page and footer · Broker disclosure · Checked 2 Nov 2026

Accepted countries

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Client money

Verified

Client money held in segregated accounts separate from the entity's own funds; excess of loss insurance via WTW up to USD 1 million per claim, USD 50 million aggregate.

Vantage fund insurance page · Broker disclosure · Checked 2 Nov 2026Subject to policy terms; precise protection depends on the entity.

Education and tools

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

09 / History and offices

History and offices.

Ownership and regulatory events with the page that states them, and the offices a source names.

History

Pending verification

Offices

Pending verification

10 / Warnings, reviews, news

Warnings, reviews, news.

Regulator warning-list checks first. Reviews, complaints and news open only with evidence checks and a licensed feed; reputation is not yet rated.

Regulator warning lists

Not checked yet

No warning list has been searched for this broker yet. That is a gap in our record, not a clean result.

Clone warnings name firms impersonating a real broker; they are not a finding against the broker itself unless the notice says so.

Reviews
None on file
Opens with evidence checks (account statements, deposit proof) in a later release.
Complaints
None on file
A complaint desk with broker responses is on the roadmap.
News
None on file
Headlines will arrive from a licensed feed, with the source named on the story.

11 / Evidence ledger

Evidence ledger. 8 pages opened.

Every field on this record with its status, the page it came from, the kind of source and the day it was checked. Filter it, or follow the source graph.

Ledger · 20 of 42 rows verified

Field	Value	Source	Checked
NameIdentity	VantageVantage website	Vantage website Broker disclosure	2 Nov 2026
Legal nameIdentity	VIG GroupVantage website	Vantage website Broker disclosure	2 Nov 2026
ParentIdentity	Pending	—	2 Nov 2026
FoundedIdentity	Pending	—	2 Nov 2026
HeadquartersIdentity	Pending	—	2 Nov 2026
ListingIdentity	Pending	—	2 Nov 2026
WebsiteIdentity	https://www.vantagemarkets.com/Vantage website	Vantage website Broker disclosure	2 Nov 2026
PlatformsTrading	Vantage App, Vantage Web Trading, MetaTrader 4, MetaTrader 5, TradingViewVantage website	Vantage website Broker disclosure	2 Nov 2026
Account typesTrading	Standard STP, RAW ECN, PRO ECN, Cent and Swap-Free, as listed in the homepage FAQ.Vantage website	Vantage website Broker disclosure	2 Nov 2026
Min depositTrading	Pending	—	2 Nov 2026
Max leverageTrading	Pending	—	2 Nov 2026
InstrumentsTrading	Page headline: over 1,000+ CFD instruments across forex (60+ pairs), indices, commodities, share CFDs, ETFs and cryptocurrencies.Vantage spreads page	Vantage spreads page Broker disclosure	2 Nov 2026
SpreadsTrading	Standard STP from 1.0 pips (FAQ; cards show 1.1), RAW ECN and PRO ECN from 0.0 pips.Vantage trading accounts page (international site)	Vantage trading accounts page (international site) Broker disclosure	2 Nov 2026
CommissionsTrading	RAW ECN USD 3.00 per standard lot per side; PRO ECN from USD 1.50; Standard STP none. Other currencies: GBP 2, EUR 2.5, SGD 3.50 per lot per side.Vantage commission page	Vantage commission page Broker disclosure	2 Nov 2026
SwapsTrading	Pending	—	2 Nov 2026
FundingTrading	Pending	—	2 Nov 2026
SupportConduct	24/7 support; live chat and email, with email replies in 1-3 business working days.Vantage contact page	Vantage contact page Broker disclosure	2 Nov 2026
Swap-freeConduct	A Swap-Free account type is listed in the homepage FAQ.Vantage website	Vantage website Broker disclosure	2 Nov 2026
ExecutionConduct	Pending	—	2 Nov 2026
Liquidity providersConduct	Pending	—	2 Nov 2026
RestrictionsConduct	Does not serve residents of India, Canada, China, Hong Kong, Singapore, the United States or FATF-listed / sanctioned jurisdictions, among others.Vantage regulations page and footer	Vantage regulations page and footer Broker disclosure	2 Nov 2026
Accepted countriesConduct	Pending	—	2 Nov 2026
EducationConduct	Pending	—	2 Nov 2026
Client moneyConduct	Client money held in segregated accounts separate from the entity's own funds; excess of loss insurance via WTW up to USD 1 million per claim, USD 50 million aggregate.Vantage fund insurance page	Vantage fund insurance page Broker disclosure	2 Nov 2026
Inactivity feeProtection & money	Pending	—	2 Nov 2026
Withdrawal feesProtection & money	Pending	—	—
Deposit feesProtection & money	Pending	—	—
Negative balance protectionProtection & money	The international site states clients are not guaranteed FCA-style negative balance protection; the UK entity is separate.Vantage regulations page and footer	Vantage regulations page and footer Broker disclosure	2 Nov 2026
SegregationProtection & money	Client money held in segregated client accounts separate from the relevant Vantage entity's own funds.Vantage fund insurance page	Vantage fund insurance page Broker disclosure	2 Nov 2026
Compensation schemeProtection & money	International entities are not covered by the FSCS or Financial Ombudsman Service; Vantage says it is a member of The Financial Commission.Vantage regulations page and footer	Vantage regulations page and footer Broker disclosure	2 Nov 2026
Base currenciesProtection & money	Pending	—	—
Deposit methodsProtection & money	Pending	—	—
Withdrawal methodsProtection & money	Pending	—	—
Support channelsProtection & money	Pending	—	—
Support languagesProtection & money	Pending	—	—
FSC-MU licence · VIG GroupLicences	No. GB20026165 · MauritiusVantage regulations page and footer	Vantage regulations page and footer Broker disclosure	2 Nov 2026
FSCA licence · Vantage Markets (Pty) LtdLicences	No. 51268 · South AfricaFSCA FSP register search, FSP 51268 (VANTAGE MARKETS (PTY) LTD)	FSCA FSP register search, FSP 51268 (VANTAGE MARKETS (PTY) LTD) Regulator	2 Nov 2026
CIMA licence · Entity name not shown in page text (trading under Vantage)Licences	Unverified	—	2 Nov 2026
VFSC licence · Vantage Global LimitedLicences	Pending	—	2 Nov 2026
Account · RAW ECNAccounts	Commission USD 3.00 per lot per sideVantage trading accounts page (international site)	Vantage trading accounts page (international site) Broker disclosure	2 Nov 2026
Account · Standard STPAccounts	Commission NoneVantage trading accounts page (international site)	Vantage trading accounts page (international site) Broker disclosure	2 Nov 2026
Account · PRO ECNAccounts	Commission from USD 1.50 per lot per sideVantage trading accounts page (international site)	Vantage trading accounts page (international site) Broker disclosure	2 Nov 2026

Source graph · 8 pages

Each bar is one page we opened; its length is how many published facts on this record it supports.

Field verification

The record. 13 of 25 fields sourced.

Licences. 2 numbers on file.

Licence strength. Every term shown.

Protection by entity. Rule beside statement.

Accounts and costs. 3 account rows.

Corporate family.

Figures on file.

Conditions. Field by field.

Identity

Trading

Conduct and access

History and offices.

Warnings, reviews, news.

Evidence ledger. 8 pages opened.