This comparison overview helps individuals who struggle to select in between FXCM and Vantage to find the very best online broker for their trading and investment demands. It examines the highlights of both brokers side-by-side to assist individuals contrast their service and make a notified decision.
To help customers choose the best broker in between FXCM and Vantage to locate the best-suited platform, below is a list of broker’s benefits and drawbacks, complied with by a contrast of their main trading attributes, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, properties, regulation, and client support.
FXCM vs. Vantage: Summary
FXCM is a UK-based forex and CFD broker founded in 1999. They offer access to over 400 tradable instruments including 300 CFDs, 41 forex pairs and a handful of shares, indices, commodities, and cryptocurrencies. FXCM is regulated by four tier-one regulators including the FCA, the ASIC, the CySEC, and the FSCA.
FXCM offers a wide range of trading platforms including Trading Station (proprietary trading platform), MT4 and TradingView. Users also have access to various copy trading apps (NinjaTrader, ZuluTrade, and/or Capitalise AI), analysis reports by TradingCentral and 55 charting indicators.
FXCM charges a spread of 1.4pips (EUR/USD) without any commission on their standard account, which is above industry average. The broker doesn’t charge any deposit fees, but charges a $40 withdrawal fee and a $50 a year inactivity fee after 12 months of no login activity.
FXCM’s customer service is available 24/7 by email, phone, and live chat in English, Arabic, and several other languages.
Vantage is a forex and CFD broker founded in 2009. It is regulated by two tier-one regulators (the ASIC and the FCA) and therefore considered safe. The broker offers access to 1,000 tradable instruments across various markets including CFD’s on stocks, commodities, and ETFs.
Vantage is a MetaTrader broker offering access to the MT4 and MT5 platforms as web and desktop versions. Both platforms allow a variety of add-ons including Smart Trader and TradingView. Apart from these add-ons Vantage offers access to a free VPS server, a forex sentiment indicator and research tools like Market Buzz, Featured Ideas, and Analyst Views.
Vantage trading fees are industry average. They charge a spread of 1.2 pips (EUR/USD) on the standard account and 0.15 pips (EUR/USD) plus $3 commission on the raw spread account.
Vantage’s customer service is available by email, phone, and live chat in English and Arabic.
Pros
- Low minimum deposit ($50)
- Average forex spread and 0% commission
- Various algorithmic and copy trading tools (MT4, ZuluTrade, Trading View)
- Detailed Trade execution reports (execution quality and slippage)
- Feature rich mobile apps
Cons
- Low amount of trading instruments
- Relatively high trading and other fees
Pros
- Low minimum deposit ($50)
- True ECN/STP broker
- High leverage up to 1:500
- Free VPS and paper trading account
- MT4/MT5 add-ons and broad range of research tools
- Wide range of social/copy trading platforms
Cons
- Limited to CFD and forex trading
- No proprietary platform
Key features
- Over 400 CFDs across various markets
- Wide range of platforms (Trading Station, MT4, NinjaTrader, ZuluTrade)
- Multiple order types availability
- TradingView integration
- Support for advanced, algorithmic, and copy trading
- Regulated by 4 tier-one regulators
Key features
- Access to 1,000 tradable symbols
- Various social trading platforms and addons (ZuluTrade, DupliTrade, and MyFXbook Autotrade)
- MT4, MT5, TradingView and Trading Central compatibility
- PRO ECN, RAW ECN, Islamic swap-free, and demo accounts
- Low, competitive spreads from 0.0 pips
FXCM vs. Vantage Comparison
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FXCM
Vantage
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $40 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $50 per year after 12 months | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.2 pips | 0.1 pips |
| Stocks & ETF | 0 | 0.36 pips |
| CFD (Gold) | 0.5 pips | 0.36 pips |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $300 | $200 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 45 | 44 |
| CFD Indices & Funds | 15 | 16 |
| CFD Stocks | 219 | 226 |
| CFD Commodities | 12 | 19 |
| CFD Crypto | 7 | 34 |
| CFD Bonds | 1 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
FXCM vs. Vantage Comparison Conclusion
The outcomes of our contrast of FXCM vs. Vantage are involved the table below.
| Broker: | Best For: |
| FXCM | Forex and CFDs; Algorithmic trading |
| Vantage | Forex and CFD trading; Great MetaTrader Broker |
Picking the ideal selection between FXCM and Vantage can be tough. Both on the internet brokers have resemblances yet vary relating to trading instruments, systems & applications, law, down payment & withdrawals, and research study and education and learning. Selecting the most effective broker depends on individuals’ trading & investment goals, individual choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.