Established in 2009, Vantage is a world-leading CFD broker with 5M+ registered users and a portfolio of 1,000+ financial instruments. Trading with this brand offers many benefits, including competitive spreads, advanced trading tools and features, fast execution, and free educational resources. Moreover, the broker’s transparent pricing structure allows traders to understand the costs associated with their trades. This guide provides detailed information on the trading and non-trading costs related to Vantage’s most popular trading account types.
Vantage Trading Costs
Vantage offers several types of trading accounts desVantagened for traders of all experience levels. The options include a Standard STP Account intended for beginner traders, a Raw ECN Account suitable for experienced traders, and a Pro ECN Account tailored for professional traders. Moreover, all of the above options can be converted to a Swap-Free account for Muslim traders who cannot pay or receive swaps due to relVantageious beliefs. Beginner traders can also start with a Demo trading account and practice their trading skills with virtual funds.
Vantage supports several trading platforms desVantagened to meet the preferences of different traders. Users can trade on the all-in-one Vantage App, MT4, MT5, ProTrader (powered by TradingView), Copy Trading, or the Demo Trading platform.
Regardless of the account type traders choose, they can be sure of the competitiveness and complete pricing transparency. With a minimum trading size of just 0.01 lot per trade, 1,000+ assets to choose from, and a variety of base account currencies, Vantage offers excellent trading conditions.
In this section, we will concentrate primarily on the broker’s Standard STP and Raw ECN account features, calculating the associated trading costs and providing prospective customers of the brand with a clear idea of their trading expenses.
Let us start with the Raw ECN Account round turn commission rates based on the available account currency options for Vantage customers, with calculations for standard, mini, and micro lot trading.
| Raw ECN Account Round Turn Commission Rates Based on Account Currency | |||
|---|---|---|---|
| Trading Account Currency | Per Standard Lot | Per Mini Lot | Per Micro Lot |
| AUD | $6.00 | $0.60 | $0.06 |
| USD | $6.00 | $0.60 | $0.06 |
| GBP | £4.00 | £0.40 | £0.04 |
| EUR | €5.00 | €0.50 | €0.05 |
| SGD | $7.00 | $0.70 | $0.07 |
| JPY | ¥550.00 | ¥55 | ¥5.50 |
| NZD | $6.50 | $0.65 | $0.065 |
| CAD | $6.00 | $0.60 | $0.06 |
| PLN | zł30.00 | zł3 | zł0.30 |
| HKD | $50.00 | $5 | $0.50 |
| INR | ₹500.00 | ₹50 | ₹5 |
We will now explain the trading costs associated with trading 1 standard lot of the GBP/USD pair with Vantage Markets Standard STP and Raw ECN Accounts, considering a single pip equals $10. Vantage’s spread for the GBP/USD pair starts from 1.6 pips for the Standard STP Account and 0.5 pips for the Raw ECN Account plus a commission.
Vantage Standard STP Account:
Spread: 1.6
Total Cost: 1.6 x $10 = $16 per side or $32.00 roundtrip trade of 1 lot
Vantage Raw ECN Account:
Spread: 0.5
Spread Cost: 0.5 x $10 = $5 per side
Commission: $3.00 per side
Total Cost: ($0.5)x2 + ($3.00)x2 = $1 + $6 = $7.00 roundtrip trade of 1 lot
Now that we have compared the total trading costs associated with Vantage’s Standard STP and Raw ECN accounts, we can conclude that the latter offers more competitive conditions. The spreads for Vantage’s Pro ECN accounts match those for the Raw ECN Account, with the added benefit of a lower commission (from $1.5 per side).
Below, you can check out the trading costs for several popular currency pairs with the Standard STP account of Vantage, which uses a 0-commission pricing model. Please, note that the costs per micro and standard lot are for a single side of the trade.
| Average Spread Costs with Vantage Standard Account | ||||
|---|---|---|---|---|
| Currency Pair | Spread (in pips) | Commission per side | Cost per Micro Lot | Cost per Standard Lot |
| EUR/USD | 1.4 | $0 | $0.14 | $14 |
| GBP/USD | 1.6 | $0 | $0.16 | $16 |
| AUD/USD | 1.4 | $0 | $0.14 | $14 |
| USD/JPY | 1.5 | $0 | $0.098 | $9.84 |
*Currency pairs’ trading cost is expressed in USD
We will use the same currency pairs to illustrate the trading costs associated with the Vantage Raw ECN Account, which offers tighter spreads and a commission-based pricing model. The costs per micro and standard lot are for a single side of the trade.
| Average Spread Costs with Vantage Raw Account | ||||
|---|---|---|---|---|
| Currency Pair | Spread (in pips) | Commission per side | Cost per Micro Lot | Cost per Standard Lot |
| EUR/USD | 0.00 | $0.03/$3.00 | $0.03 | $3 |
| GBP/USD | 0.5 | $0.03/$3.00 | $0.53 | $8 |
| AUD/USD | 0.3 | $0.03/$3.00 | $0.33 | $6 |
| USD/JPY | 0.4 | $0.03/$3.00 | $0.056 | $5.62 |
*Currency pairs’ trading cost is expressed in USD
Vantage Overnight Funding Costs
In addition to Vantage’s spreads and commissions, traders must be familiar with the broker’s overnight funding costs. They are also known as swap rates or the rollover interest rate for keeping positions active overnight.
Once a trading day comes to a close, traders have the choice to either close their positions or keep them open, which leads to accruing interest. Depending on the Forex instrument and the direction of the trade, brokers either pay or charge this swap rate to traders’ accounts. When purchasing a currency with a higher interest rate than the one being sold, a credit will be applied to the account through a swap. Conversely, if the interest rate of the currency purchased is lower, a swap will result in a charge to the account.
Traders can check the swap rates for the Forex pair they are interested in by navigating to the trading platform of their choice and right-clicking on the respective instrument. Under the ‘Market Specification’ section, they will find the applicable swap rates for the Forex pair, expressed in points.
The table below provides information on Vantage’s swap rates for several popular Forex pairs. Traders must note that these swap rates depend on market conditions and thus are subject to change.
| Swap Rates on Popular Forex Pairs (standard lot size) | ||||
|---|---|---|---|---|
| Symbol | Base Currency | Volume in Lots | Pair Swap Long, in points | Pair Swap Short, in points |
| EUR/USD | USD | 1 | -5.03 | 2.03 |
| USD/JPY | USD | 1 | 7.72 | -22.14 |
| EUR/GBP | USD | 1 | -7.76 | 1.12 |
| GBP/USD | USD | 1 | 0.36 | -2.29 |
| AUD/USD | USD | 1 | -0.81 | -18 |
| USD/CAD | USD | 1 | 1.45 | -7.26 |
| USD/CHF | USD | 1 | 6.45 | -14.21 |
| USD/CNH | USD | 1 | -0.22 | -51.37 |
| NZD/USD | USD | 1 | -0.67 | -1.44 |
Swap-Free Trading Costs at Vantage
Vantage offers Swap-Free Accounts, enabling Muslim traders to hold overnight positions, without incurring extra fees, or swap fees, which we described in the previous section of this publication. The Swap-Free trading accounts are designed for traders, who, due to religious beliefs, cannot pay or receive swaps.
The broker’s accounts, compliant with the Sharia Law, feature spreads from 0.0 pips, a $50 minimum deposit requirement, and no deposit fees. The count of tradable instruments, including Forex, commodities, shares, and bonds, reaches over 1,000. As for the minimum lot size, trades can start from 0.01 lot.
Instead of charging a swap fee, the broker applies an administration fee, which is deducted from the trader’s balance. The administration fee comprises the fees from Vantage’s liquidity providers and an internal processing fee of about 10%.
Vantage Non-Trading Costs
Vantage does not charge fees on deposits and withdrawals. However, traders must note that transactions via certain payment processors may incur fees, which do not depend on the broker. Another thing to take into consideration about deposits and withdrawals is that the company operates a “return to source” policy, requiring customers to use the same method for their deposits and withdrawals.
At Vantage there are no charges for opening any of the supported account options. However, traders must comply with the broker’s account minimum requirement, which starts from $50. Vantage stands out from many other brokerage companies by not charging inactivity fees, which can be advantageous for trailers who may not trade regularly.
Thanks to Forex virtual private servers (VPS) traders can avoid potential downtime due to internet access issues or power supply interruptions. Vantage provides traders with a handy video tutorial on how to sign up for Forex VPS directly from their MT4 account. To get free Forex VPS services, customers must meet several requirements, described in the table below.
| Vantage Non-Trading Costs | |
|---|---|
| Deposit Fees | Free
|
| Withdrawal Fees | Free
|
| Account Opening Fee | Free |
| Inactivity Fee | Free |
| Forex VSP |
Provided free under the following conditions:
|
Closing Thoughts on Vantage Fees
Since trading and non-trading fees can substantially impact trading performance, it is essential to pick a broker offering competitive prices. Vantage is a Forex and CFD broker doing excellently in this respect. Whether you prefer the broker’s spread-based Standard STP account or the commission-based Raw ECN account, you will benefit from excellent trading conditions and transparent pricing. Professional and swap-free accounts are also available for qualifying customers. Overall, these account options allow traders of all experience levels to pick the one that aligns with their preferences and trading style.
