Vantage Markets Review

I didn't know why there are so many scam review about this company. Based on my experience, I had no problems with my trading and withdrawals.

I deposited the money for crypto, then they no longer let me withdraw it. They only let me withdraw through the bank and I want my money in crypto

I had done withdrawal on 28th and I got withdrawal successful mail on 29th. And today is the 5th but till now the money has not come in my account. They told first to wait for 5 days If it doesn't come even after that, contact us. But they are saying that we have sent it, you should go to your bank and find out with the proof. When I showed the proof to the bankers, they said that it is invalid. Bankers are asking for such a proof which should have upi/imps/neft reference id. But they are giving receipt proof of the transaction between themselves and their payment provider. And as far as I think they have sent the money to their payment provider but their payment provider has not sent the money to me yet. They are earning interest by holding the money. And Vantage is also probably helping them in this scam. He is not ready to help at all. Quite simply, they have made withdrawal successful without sending any money. Which is nothing less than a scam. (VANTAGE Trading account no. 6740440)

Until now everything is perfect, i made deposit easily and i traded for a week and i made a withdraw, everything is good till now and the best thing they have in my opinion is there low spread on indices, so far so good.

As suggested by the FPA and by way of fairness, I am updating my review to reflect my most recent experience working with Vantage Markets.
As you may have read, I had an issue with Vantage Markets on a couple of trades. However, while my initial experience did not meet that standard, I expressed my concerns to the support and compliance team, and they have made things right in the end.
For a trader, customer service is very important and Vantage Markets’ support was always fast and helpful. Therefore, overall, I recommend Vantage Markets to all investors and traders.

Nov 3, 2022 - 1 Star I invested in Vantage in March 2022 after falling for their false advertising. After I made a profit of 275K (!!!) in April 2022 by betting on Netflix, they are trying to swallow it up under the pretext of false allegations. I am devastated and cannot believe this can be happening.

First, they accused me of engaging in abnormal trading conditions, then I was told my trading style was too risky, later I was informed that my trading account was found to be associated with another person who was in breach of the terms and conditions of the Company. Throughout the course of my correspondence with them I have requested transparency with facts and credible reason(s) that would justify and legitimize the deduction in question but at each step of the way I was given rhetoric and jingoisms.
As they did not provide any information about the reasons, I asked an external professional auditor to review my trades with Vantage and compare them with their terms. Nothing was found and they never commented this fair independent analysis. This highlights the fraud intention.

Following on the heels of a harrowing five months of staggered communication and gaslighting they are now trying to force me to accept a rotten offer.
Till date I didn’t get any answers, not even to the easiest questions: why do they took my money? where do these gains go? Are they being returned to the liquidity providers?
I am very troubled as they are avoiding the truth and there are rumors going around that the company is going bankrupt and that their managers are scamming traders and splitting the profits amongst themselves. I need to know if this is true and why Vantage is not giving me my money back.

I have struggled with writing this post—partly because anger isn’t received well, especially if you’re a woman and I am grateful for the privilege to be heard on this forum. I hope the FPA can HELP ME in this case as I challenge Vantage to prove that I am guilty of all that they accuse me because I didn't do anything wrong.

Awareness and acknowledgment are only a small fraction of the work that needs to be done to adequately and redemptively address corporate fraud and cronyism by companies like Vantage against traders and investors like myself.

I am open to share all the required documents and details, account reports, and conversations, and I am in the process of detailing it as I’m talking about the probably biggest scam broker in trading world.

Account number: 1181028

Reply by Vantage FX submitted Nov 24, 2022 Dear Iva, Thank you for taking the time to leave us with your feedback. We are truly sorry to hear that you have had a less than satisfactory experience with us. Upon reviewing your existing conversations with us, we regret to inform you that your account has been closed due to a breach of our terms of service. We remain on hand to address any additional concerns you may have, and we warmly invite you to remain in contact with us via our existing email threads or by emailing support@vantagemarkets.com

Disgraceful. I am taking what is left of my funds from them.

If you are a Money Manager, run a service/ Pamm/Mam service you simply cannot afford to hold them on their platforms. They will compromise your account, and your clients will disappear when they too lose.

The audacity of the customer service rep, to insult our intelligence with ''You shouldn't trade during news''.

Money managers hold money frequently. I'm warning you... your draw down is greatly at risk at increasing.

Sep 13, 2022 - 1 Star I've seen 16 years of fx. I had a half million account with them at one stage. (think of the commissions they were making from us).

If you care for your draw down records for public scrutiny, this is not the broker for you.

I swear to you one night I recorded a 100 pip spread. Plenty of margin and still stopped out on news events on mysterious spread that didn't show on the mt4 screen?? My God, it's 2022 and this still goes on??

NEVER AGAIN WITH THIS BROKER. NEVER AGAIN!!!

I will update with the rest of the dark experience later.

Reply by Vantage FX submitted Sep 19, 2022 Hi Richard,

Thank you for sharing your feedback with us, and we are sorry to hear about your less than satisfactory experience. We hear your frustrations and we wish to assure you that your trading experience is of utmost importance to us. Based on your review, we believe you experienced a widened spread, which often occurs during volatile moments such as market opening and closing. This widened gap between the bid/ask prices often causes fluctuations in P&L even while the chart appears still. Our team was unable to locate your specific case, so we would like to invite you to contact us directly via phone, live chat or email at support@vantagemarkets.com. We'd be happy to assist you further on this.

A broker to recommend
Very good broker. Opened a Demo and a Live account. If you immediately have a Live acc. open, the Demo acc. is forever. If you first open a Demo, it is only valid for 30 days. Anyway, their conditions are very good -spreads up to 1:500- and the support very fast. You will be helped quickly in the chat contact. Certainly a broker to recommend

DO NOT USE THIS PLATFORM! They will take your hard earned money. Vantage Market removed USD800 in my profit claiming it was due to abnormal behaviour. After more than a month emailing the support email for assistance, they have not helped me at all. Their customer support just keeps replying saying they are reviewing the case. Vantage Market is the worst trading platform I've ever seen, literally go to any other platform.

Vantage Market I am still waiting for your response on my request (785156) !!!!

i have now -15k and i had 50k without any reason i am now -15k all my money is lost

My money stuck at vantagemarkets pamm..pamm master missing in action..withdraw already request 1 week..pamm master didnt approve..vantagemarkets cant do anything..careful if you join pamm vantagemarkets..you money will stuck there