Profit-Triggered Freezes? Traders Expose Vantage's Failed Stop-Losses and Copy-Trading Scams

Recently, a user of the broker Vantage posted a whistleblower report on a social media forum, claiming that his personal experience reveals the platform's "other face" once a user starts making money.

According to the user's description, there were no abnormalities when he began trading in 2024. However, as soon as the account started generating substantial profits, the trading environment took a sharp turn for the worse. The platform frequently experienced freezes or downtime lasting several hours, causing the trader to lose complete control over his positions during critical market movements. Most frustratingly, the trader discovered that even with pre-set stop-loss orders, these protective instructions became worthless during system freezes, allowing funds to be depleted while he was unable to close positions.

This technical "coincidence" resonated in the comments section. Other users reported that a pre-set stop-loss of €650 eventually turned into a massive loss of €1,750—a level of slippage that renders any trading strategy meaningless. Another user confirmed that when his positions were in profit and he attempted to close them, the app began experiencing various bugs, ultimately leading to significant financial losses.

The whistleblower further exposed potential conflicts of interest behind Vantage. He pointed out that the so-called "copy-trading gurus" active on social media platforms essentially exploit information asymmetry to lure novices to the platform. Since these gurus' commissions are often linked to user losses, this "hope you lose" mechanism transforms professional guidance into a predatory operation.

Even when traders attempt to seek legal recourse, the results are often unsatisfactory. The whistleblower submitted evidence to the Financial Commission, but the final ruling favored the platform. The reasoning provided was that, according to Vantage's terms of service, the platform is not responsible for losses caused by system failures. This means that, under the protection of legal clauses, traders are forced to foot the bill for the platform's "technical malfunctions."

In fact, this is not the only recent negative feedback regarding the platform. BrokersView reported on a withdrawal obstruction incident involving Vantage in January this year, where a Hong Kong investor faced selective KYC/AML hurdles after becoming profitable, resulting in funds being frozen for an extended period.

BrokersView Reminds You

Many brokers circumvent liability for system failures in their terms and conditions. It is essential to evaluate a platform's historical reputation for stability before depositing funds, rather than relying solely on its claimed regulatory licenses.

Any "copy-trading guru" whose commission is tied to platform earnings has an inherent bias. If a guru's income stems from your losses, you must maintain the highest level of vigilance.

Finally, when encountering a system crash, in addition to screen recording, try to log in and take screenshots through multiple terminals simultaneously to prove it is not a personal network issue, and report it to regulatory authorities immediately.

If you encounter similar profit wipes or malicious system downtime on Vantage or other platforms, please contact BrokersView promptly to submit a complaint. We will continue to track the relevant developments for you.