VANTAGE

VANTAGE was founded by Vantage Securities Brokerage in 1991 in Egypt. It offers trading in various stock portfolios and securities. Traders can trade through Web, Mist WS and mobile apps. Though it doesn't have the minimum deposit requirement, it is unregulated.

Pros and Cons

Is VANTAGE Legit?

No, VANTAGE is not regulated by any financial authorities. Traders should be careful when trading.

What Can I Trade on VANTAGE?

Commission

There is no commission for opening account on VANTAGE.

Other Fees

The brokerage fees of VANTAGE depend on the trading volume. It starts from 0.002 , apart from the commission of the Stock Market, MCSD and the Custodian Bank or any other governmental fees.

Traders like to have their orders permanently will have a commission of 0.0005 would be added plus the fees stated in the table below. Besides, traders can place 10 free orders, if more, 0.0005 fees would be added over the above mentioned fees for all transactions of this month.

Trading Platform

Deposit and Withdrawal

Traders can deposit through bank transfer with cash.

There are two ways to withdraw: bank transfer and a closed cheque issued in the name of the client.

There are no transfer fees in case of transferring to the following banks: Arab African International Bank, CIB, Ahli United Bank, Banque Misr, NBK. If other banks, 0.001 transfer fees will be deducted with a minimum of EGP 25 and up to EGP 50, plus EGP 20 swift fees.