Home Brokers comparison Plus500 vs. Vantage FX

Plus500 vs. Vantage FX

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Plus500 and Vantage FX are leading online brokers with premium trading experiences. Plus500 has a minimum deposit fee of €100 and a transparent fee policy. It is a safe broker with top-tier licenses, including the FCA, MAS, and ASIC. We recommend it for experienced traders as it has limited educational and research tools. 

Broker NamePlus500Vantage FX
Year Founded20082009
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSAASIC, FCA
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.CFD, Forex
Min Deposit$100$200
Min Trade$0$0
PlatformsWeb, MobileMT4, MT5
DepositFree of chargeFree of charge
WithdrawalsFree of chargeFree of charge

Vantage FX is one of the leading brokers with impressive mobile apps, research, and educational tools. It has a minimum deposit fee of $200 and an active trader discount. Vantage FX has top-tier licenses from the ASIC and FCA. We recommend it for beginner traders because of its impressive learning tools. 

Both online brokers have strengths and weaknesses. This article discusses the differences between Plus500 and Vantage FX. 

Top findings from the Plus500 vs. Vantage FX review:  

  1. Plus500 is a leading online broker with secure platforms and a presence on a stock exchange. 
  1. Vantage FX is an industry leader in research and learning tools. 
  1. Both brokers offer a demo account to test their platforms and tools. 

We recommend Plus500 for professional investors, as it offers premium tools and limited learning materials. Vantage FX is a better choice for new traders, as it provides many educational tools and tutorials. 

Overall Rating

FeaturePlus500Vantage FX
Overall43.5
Commissions & Fees44
Offering of Investments43.5
Platforms & Tools44
Mobile Trading44
Research33.5
Education33
Trust Score9879
WinnerYES
72% of retail CFD accounts lose money74-89% of retail CFD accounts lose money

Level of experience  

Beginner traders prefer Vantage FX over Plus500. Vantage FX offers webinars, forex education, and tutorial guides. It is an excellent broker for research and market analysis, as it provides valuable third-party content. This broker offers social trading tools. Vantage FX has some basic features, including client sentiment data. 

Plus500 doesn’t offer educational materials, and it is recommended for professional investors. It has some reliable trading tools, including an economic calendar. Plus500 has a smooth trading experience, but its platforms might be challenging for beginners. 

Fees  

Plus500 has an initial deposit fee of €100, while Vantage FX has a $200 fee. Vantage FX offers an active trader discount, while Plus500 doesn’t. Both brokers follow a transparent fee policy. 

Assets  

Both online brokers offer an excellent forex portfolio with access to top forex pairs, including EUR/USD. Plus500 has 50 currency pairs, while Vantage FX has 44 available pairs. Plus500 offers 2033 CFDs, while Vantage FX has 260 available. 

Trading platform  

Plus500 is a leading online broker with a proprietary platform, a desktop, and a web platform. Its portfolio has limited educational and trading tools. Plus500 has an excellent mobile app with standard alerts and watch lists. Its platforms are challenging to learn for beginners. 

Vantage FX stands out from other MetaTrader-only brokers as it offers many add-ons and compatible 3rd party platforms. It offers access to the full MetaTrader suite with SmartTrader Tools. Vantage FX offers social trading and many educational materials. It is an excellent choice for new traders, as it has a virtual trading account and tutorial guides. 

Banking services  

Banking services are helpful to traders of all levels of experience. Plus500 has a presence on London’s stock exchange, which increases its safety. It offers many funding solutions, including bank transfers, PayPal, Skrill, and credit/debit. Vantage FX has bank transfers and Skrill funding options. 

Final verdict  

Plus500 and Vantage FX are leading online brokers. Both have strengths and weaknesses depending on your trading experience and needs. We recommend Plus500 to experienced investors who want to use premium platforms. Vantage FX is a better fit for beginners, as it has excellent learning tools. 


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

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.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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