This comparison guide helps individuals that battle to choose in between TradeStation and Vantage to find the best online broker for their trading and investment requirements. It examines the highlights of both brokers side-by-side to assist users compare their solution and make an informed decision.
To help users select the best broker between TradeStation and Vantage to locate the best-suited platform, listed below is a list of broker’s pros and cons, followed by a comparison of their main trading functions, consisting of trading platforms & devices, charges, mobile trading, down payment & withdrawal, properties, law, and consumer support.
TradeStation vs. Vantage: Summary
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email and live chat in English and Arabic.
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)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
Cons
- Research and education section could be better
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
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
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
TradeStation vs. Vantage Comparison
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TradeStation
Vantage
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:4 | 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 | $35 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | $4 | 0 |
| Forex (EUR/USD) | 0.6 pips | 0.1 pips |
| Stocks & ETF | $0.007 per share | 0.36 pips |
| CFD (Gold) | 0 | 0.36 pips |
| Crypto | 0 | 0 |
| Options | $5 + £0.60 per contract | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account) | $200 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 5 markets | 0 |
| ETF & Funds | 2300 | 0 |
| Crypto | 11 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 10 Markets | 0 |
| Futures | 11 Markets | 0 |
| Bonds | 630 | 0 |
| Forex Instruments | 0 | 44 |
| CFD Indices & Funds | 0 | 16 |
| CFD Stocks | 0 | 226 |
| CFD Commodities | 0 | 19 |
| CFD Crypto | 0 | 34 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 1 | 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
TradeStation vs. Vantage Comparison Conclusion
The results of our contrast of TradeStation vs. Vantage are involved the table listed below.
| Broker: | Best For: |
| TradeStation | Stock trading; Active traders |
| Vantage | Forex and CFD trading; Great MetaTrader Broker |
Selecting the best option in between TradeStation and Vantage can be difficult. Both online brokers have resemblances however vary relating to trading instruments, systems & apps, guideline, deposit & withdrawals, and research and education and learning. Picking the most effective broker relies on users’ trading & investment goals, private choices, and experience degree.
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.