FXCC vs Vantage FX - Online Brokerage Comparison

FXCC vs Vantage FX | ECN Broker Comparison

FXCC vs Vantage FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT425+CySEC
$200MT4, MT5180+ASIC, CIMA

FXCC vs Vantage FX

Both of these brokers offer the MetaTrader 4 (MT4) online trading platform. This platform allows the trader to trade with Expert Advisors (EAs), which are automated trading strategies executed on behalf of the trader (i.e. robots). Vantage FX also provides MetaTrader 5 (MT5) which is MT4's successor and also allows automated trading. Both platforms also let the trader trade on their own behalf, not using robots.

Both FXCC and Vantage FX provide trading accounts which can offer low spreads, plus a commission charge (this kind of account can be suited to robots). FXCC also offers ECN spreads, without a commission charge, though there are restrictions on the size of the account which can be used this way. Vantage FX however offers a wider range of markets and an increased number compared with FXCC.

FXCC is regulated by the CySEC in Cyprus. Vantage FX is regulated by the ASIC in Australia and the CIMA in the Cayman Islands.

ECN trading conditions

Each can offer support for automated trading and provide accounts offering low spreads plus a commission charge.

Quick comparison

These are both MT4 ECN brokers, though Vantage FX also offers MT5 and has more markets to trade.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for Vantage FX is $200.

  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000.
  • All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.
  • Vantage FX offers STP, ECN, Islamic and Pro ECN accounts. The STP accounts have a minimum deposit of $200, the ECN accounts have a minimum deposit of $500 and the Pro ECN account has a minimum deposit of $20,000. The minimum trade size is 0.01 lots. Vantage FX supports social and copy trading with ZuluTrade and Myfxbook AutoTrade.
  • Vantage FX's STP accounts do not charge commissions, while the ECN accounts do charge commissions. All accounts allow scalping.
  • Vantage FX's Pro ECN account offers lower commission charges and access to Interbank price feeds.

Markets

  • On the ECN Standard and the ECN XL account, FXCC offers 30, covering Forex and Precious Metals. On the ECN Advanced account, FXCC has 200+ markets.
  • Vantage FX offers Forex, Indices, Metals, Energy, Cryptocurrencies, Stocks and Soft Commodities, with 180+ available.

FXCC provides 25+ Forex pairs, Vantage FX provides 45+ Forex pairs.

Cryptocurrency CFDs

  • Vantage FX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash and DASH.

Spreads and leverage

  • Both brokers may offer very low Forex spreads for the most liquid Forex pairs, plus a commission charge. Vantage FX also offers Forex spreads without a commission charge from 1.4 and FXCC can also offer very low Forex spreads without a commission charge.

Maximum leverage for FXCC (CySEC regulated) is . Maximum leverage for Vantage FX (ASIC or CIMA regulated) is 500:1.

Commission charges

  • FXCC's ECN XL account does not charge commissions.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
  • Vantage FX has a commission charge of $3 per lot per side for ECN trading, except for its Pro ECN account which has a commission charge of $1.75 per lot per side.

Online trading platforms

Both brokers offer MT4. Vantage FX additionally provides MT5.

Why FXCC or Vantage FX ?

For MT4 traders who wish to trade in an ECN trading environment and use automated trading strategies, then either broker offers this facility (though Vantage FX has more markets and a wider range). FXCC has a distinctive feature, in that it has an account (the ECN XL account) which lets the trader trade with ECN caliber spreads, without a commission charge. There are restrictions on the size of the account which can be used this way, but for traders who wish to trade larger volume, there is an FXCC ECN Advanced account which has a higher minimum deposit and lower commission charges compared with its Standard account. Vantage FX additionally offers MT4's successor, MT5, which also supports automated trading.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4
  • Vantage FX also provides MT5
  • Both offer trading with a commission charge
  • FXCC can offer ECN trading without a commission charge (still with ECN caliber spreads)
  • Vantage FX has more markets to trade and a wider range

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