Is my broker stealing me money?

ok, well, 1.1 pips (11 points) is a slightly high spread for the Euro, but not horrible …

that should be safe enough, as long as your account is with Vantage Global Prime Pty and is regulated by ASIC

i mention it because Vantage is one of those “tricksy” brokers that runs three different, separate companies under three different names and three different regulators, but they like to give the impression on their website that they’re ASIC-regulated when many of their customers’ accounts are NOT actually ASIC-regulated … it’s very deceptive and dishonest marketing, of course …

if your account is with “Vantage Global Limited,” that’s regulated only in Vanuatu (from the customer’s perspective, that’s another way of saying “unregulated”!!), and if it’s with Vantage Markets (Pty) Ltd then it’s regulated only in South Africa, i.e. not by ASIC at all

this probably has no relevance at all to what you asked, but it’s really important to understand this clearly at the start of your trading, to make sure that in future you avoid joining the huge number of people who thought they had an ASIC-regulated account and then experienced various accidents and financial losses which ASIC is not actually authorised to investigate or resolve (and in the event of a disaster, you’ll get no joy at all from those other “regulators”)!! :woozy_face:

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