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Written by: Adam N. Updated: Dec 2022
Expert verified

Vantage is not scam

The reason: Vantage is considered reliable as it is regulated by the top-tier ASIC in Australia.

See below the full list of regulators (country of clients - regulatory body):

  • Globally most customers - Vanuatu Financial Services Commission (VFSC)
  • Australia - Australian Securities and Investment Commission (ASIC)
  • International - Cayman Islands Monetary Authority (CIMA)
  • UK - Financial Conduct Authority (FCA)

Is Vantage scam?
Other factors ensuring that Vantage is not a scam

See whether Vantage clients are entitled to investor protection in the event that Vantage goes bankrupt:

Vantage investor protection
Investor protection amount: No investor protection

There are other factors you can check to make sure Vantage is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.

Vantage snapshot
🌎 Country of origin Australia
📅 Foundation date 2,009
🏛 Banking background No
📈 Listed on exchange No
🗺️ Broker ownership is transparent No
👔 Broker management is transparent No
🔒 Negative balance protection is provided Yes
📋 Read more Check out the Vantage review for 2023

Is Vantage scam?
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Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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