Vantage referral code MADTRADES unlocks a $50 No-Deposit Bonus and a 50% Deposit Bonus up to $20,000 for new Vantage Markets accounts. This guide covers what each part of the offer actually gives you, the account types it applies to, and how to enter the code during registration.
What Is Vantage Markets?
Vantage Markets is a multi-asset CFD broker offering forex, indices, commodities, shares and cryptocurrencies. It operates under several regulatory licences — including ASIC in Australia, the FCA in the UK, the FSCA in South Africa and the VFSC in Vanuatu — with the entity you are onboarded to depending on your country of residence.
The broker runs a five-platform lineup: MetaTrader 4, MetaTrader 5, TradingView integration, a browser-based web trader and a mobile app. That breadth is unusual and means most traders can keep the workflow they already know.
What the MADTRADES Code Gives You
The $50 No-Deposit Bonus
The no-deposit portion is credited after you register and complete verification, without requiring your own capital first. It exists to let you trade live conditions — real spreads, real execution — before committing funds. Bonus credit of this kind is normally tradeable rather than immediately withdrawable: you can trade with it, and profits become withdrawable once volume conditions are met.
The 50% Deposit Bonus
The deposit portion matches half of what you fund, up to a $20,000 ceiling. A $2,000 deposit is credited with an additional $1,000 in bonus margin; reaching the full $20,000 bonus requires a $40,000 deposit. The bonus increases usable margin rather than being cash you can withdraw on demand.
Account Types
Standard STP — around $50 minimum deposit, spreads from roughly 1.3 pips, no commission. The default retail choice.
Standard Cent — from about $20, denominated in cents so position sizes are fractional. Built for testing strategies with real money at minimal exposure.
Raw ECN — from around $50, spreads from 0.0 pips with roughly $6 round-turn commission per lot. Cheaper overall for higher-volume traders.
Pro ECN — $10,000 entry, near-zero raw spreads with roughly $4 round-turn commission.
Swap-Free — Islamic accounts with overnight interest removed.
How to Claim the Bonus
Open the Vantage registration page and start a new live account.
Enter MADTRADES in the referral, promo or partner code field during signup. If you miss it here, applying it later is often not possible.
Complete identity verification — proof of ID and address. Bonuses are not released to unverified accounts.
Claim the $50 no-deposit credit from the bonus or promotions area of the client portal.
Make a deposit to trigger the 50% matching bonus, which is credited automatically once funds clear.
Check the bonus balance shows in your account before you start trading.
Markets and Platforms
Vantage covers forex majors, minors and exotics alongside stock indices, spot metals, energies, soft commodities, share CFDs and cryptocurrency CFDs. For most retail traders the forex and indices coverage is the relevant part, and pricing there is competitive on the ECN account types.
Platform choice is a genuine strength. MetaTrader 4 remains the default for traders running expert advisors built over the last decade, MetaTrader 5 adds more timeframes and instrument coverage, and the TradingView integration lets you trade directly from charts many traders already use for analysis. The mobile app and web trader cover the cases where you are away from a desktop.
Terms Worth Reading First
Broker bonuses are conditional, and the conditions are where the value is decided. Before opting in, check the trading volume required to convert bonus credit into withdrawable funds, whether the bonus is removed when you withdraw your own deposit, whether it counts toward margin during a drawdown, and how long you have to meet the conditions.
The volume requirement is the number that matters most. A large notional bonus attached to a volume target you would never realistically trade is worth less than a smaller bonus you can actually convert.
Pros and Cons
Pros
No-deposit component lets you trade live conditions without funding first
Tier-one regulation available depending on your onboarding entity
Wide platform choice including TradingView and both MetaTrader versions
Raw ECN pricing is competitive for active traders
Cons
Bonus credit is not withdrawable cash — volume conditions apply
The full $20,000 bonus requires a $40,000 deposit, out of reach for most retail traders
Regulatory protection varies significantly by entity and country
The code must be entered at registration; retroactive application is usually refused
Is the MADTRADES Code Worth It?
The no-deposit element is the genuinely useful part — it lets you evaluate Vantage's execution and spreads at no cost, which is worth doing before you move real capital to any broker. The deposit match is more conventional and should be judged on its volume requirement rather than its headline number.
Use the code because you have decided Vantage suits your trading, not the other way round. Regulation, spreads and withdrawal reliability matter far more over time than a one-off credit.
Trading carries a substantial risk of loss and is not suitable for every investor. Evaluation fees are generally non-refundable unless the provider's terms state otherwise. Nothing here is financial advice.
Promotional terms, eligibility and values are set by the provider and can change at any time. Always confirm the current terms on the official site before signing up or completing a purchase.