This contrast overview assists users that have a hard time to choose in between Interactive Brokers and Vantage to discover the very best online broker for their trading and investment demands. It assesses the main features of both brokers side-by-side to aid customers compare their service and make an informed choice.
To aid customers pick the best broker in between Interactive Brokers and Vantage to locate the best-suited platform, listed below is a listing of broker’s advantages and disadvantages, complied with by a contrast of their primary trading features, including trading systems & tools, costs, mobile trading, down payment & withdrawal, assets, law, and customer support.
Interactive Brokers vs. Vantage: Summary
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
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 ($0)
- Industry lowest overall fees
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Compatible features for casual and professional traders
- Responsive customer support
Cons
- Few deposit and withdrawal options
- Research and education materials missing
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
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
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
Interactive Brokers vs. Vantage Comparison
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Interactive Brokers
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Vantage
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:20 | 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 | 0 | 0 |
Deposit Fee | 1% | 0 |
Inactivity Fee | 0 | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.2 pips + 0.08 to 0.20 bps times trade size comission | 0.1 pips |
Stocks & ETF | $ 0.005 per share | 0.36 pips |
CFD (Gold) | 0.02% | 0.36 pips |
Crypto | 0.12% to 0.18% of trade value | 0 |
Options | 0 | |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | Yes on CFD’s |
Deposit & Withdrawal
Minimum deposit (in UAE) | $0 | $200 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | YES from US bank account | |
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 16.500 | 0 |
ETF & Funds | 35.000 | 0 |
Crypto | 4 | 0 |
Commodities | 1 | 0 |
Indices | 3052 | 0 |
Options | 50.000 | 0 |
Futures | 245 | 0 |
Bonds | 1.000.000 | 0 |
Forex Instruments | 115 | 44 |
CFD Indices & Funds | 13 | 16 |
CFD Stocks | 8.000 | 226 |
CFD Commodities | 2 | 19 |
CFD Crypto | 0 | 34 |
CFD Bonds | 0 | 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
Interactive Brokers vs. Vantage Comparison Conclusion
The outcomes of our contrast of Interactive Brokers vs. Vantage are involved the table listed below.
Broker: | Best For: |
Interactive Brokers | Stocks and ETFs |
Vantage | Forex and CFD trading; Great MetaTrader Broker |
Choosing the appropriate choice between Interactive Brokers and Vantage can be hard. Both on the internet brokers have similarities yet vary relating to trading instruments, systems & applications, law, down payment & withdrawals, and study and education. Choosing the very best broker depends on users’ trading & financial investment goals, private 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.