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Based on my careful research and personal assessment, VANTAGE’s fee structure focuses heavily on transaction volume rather than traditional forex-style spreads or commissions. For context, VANTAGE specializes in stocks and securities trading, not forex, and—critically—it remains an unregulated broker, which adds a layer of caution for me when evaluating its offerings. Opening an account with VANTAGE does not incur any commission, which initially seems appealing. However, the actual trading fees are calculated based on the total trading volume per month. For example, the fee begins at 0.002 for monthly volumes under one million Egyptian pounds, and it gradually decreases for larger volumes—down to 0.0001 for volumes of 25 million or more. Additionally, a commission of 0.0005 applies for traders keeping orders permanently, and there are extra charges if the number of orders per month exceeds ten. These aren’t “spreads” in the classic forex sense; rather, they are percentage-based fees tied directly to your executed trading volume. Other potential costs come from withdrawal processes. Transfers to a select group of Egyptian banks are free, but using other banks entails a transfer fee (minimum EGP 25, up to EGP 50), plus a SWIFT charge of EGP 20. From my perspective, this fee structure could appeal to active equity traders managing larger volumes, but the numerous line items and lack of regulatory oversight mean I personally approach participation with high caution, especially since fee clarity and security can directly influence one’s overall trading outcomes.