Vantage Review: Standard STP vs Raw ECN Costs, Licences and Rebates

Vantage Markets fits traders who want a commission account with a low measured spread and TradingView access: its Raw ECN account charges from $3.00 per side and averaged 0.127 pips on EUR/USD in independent testing, and both main accounts open from $50. It holds top-tier licences (ASIC, FCA) as well as offshore ones, so which company you sign with matters. This review has no score; every figure comes with its source.

Vantage account types

Commission terms come from Vantage Help Center: commission fees and Vantage Help Center: Standard STP vs Raw ECN; the commission is charged in your account's base currency. Deposits, Pro ECN and measured spreads come from ForexBrokers.com Vantage review (updated 23 September 2026). Measured spreads are averages from one tester, not a Vantage quote.

Worked example: Standard STP vs Raw ECN

One EUR/USD standard lot moves $10 per pip. Using the measured averages:

• Standard STP: 1.4 pips x $10 = $14.00 per lot.
• Raw ECN spread: 0.127 pips x $10 = $1.27, plus commission: $1.27 + $6.00 = $7.27 per lot.
• At 50 lots a month: Standard STP = $14.00 x 50 = $700.00, Raw ECN = $7.27 x 50 = $363.50.

On these numbers Raw ECN costs about half as much. The gap shrinks on pairs or hours where the raw spread widens, and the $3.00 per side is a "from" rate, so check the commission line on your first trade. Pro ECN halves the commission to $3.00 per round turn ($1.50 x 2 = $3.00) but needs $10,000.

Overnight swaps are not in these totals.

Licences and entities

Source: ForexBrokers.com Vantage review (updated 23 September 2026). Leverage follows the entity: 30:1 in the UK and Australia, and 1000:1 or 2000:1 at the offshore entities. A client of an offshore entity does not get UK or Australian protections, so read the entity name in your agreement.

Platforms and eligibility

• MetaTrader 4, MetaTrader 5 and TradingView, plus Vantage's own web platform and mobile apps. There is no cTrader.
• Vantage is not authorised by the CFTC and does not accept US residents. For other countries, use the country selector on Vantage's site.

Source: ForexBrokers.com Vantage review (updated 23 September 2026).

Vantage rebates and partner terms

Vantage publishes a CPA amount for affiliates, up to $1,200 per client introduced, which is a one-off payment rather than a per-lot share. Per-lot IB rates are not on the pages we checked. Source: Vantage Help Center: How to become a CPA affiliate.

That matters for traders: a rebate is paid out of per-trade commission, so whether a per-lot rebate applies to a Vantage account is something we confirm with you before you join our rebate program, where you get 75% of the per-trade commission the broker pays us. You can open an account through our Vantage link. To compare Vantage's commission with the other brokers we cover, see the forex commission comparison.

What stands out, what to watch

• Stands out: a measured 0.127 pip raw spread, TradingView, a $50 minimum and ASIC and FCA licences in the group.
• Watch: high leverage offshore, a $10,000 entry for the cheapest commission, and no published per-lot partner rate.
• Unknown: slippage, withdrawal times and support. Test with a small deposit first.

Risk warning

Leveraged forex and CFD trading carries a high risk of losing money, and rebates do not cover losses. Vantage's conditions differ by entity and can change, so confirm them on Vantage's official website. Read our risk disclaimer; this is not financial advice.