FXCC vs Vantage - Online Brokerage Comparison

FXCC vs Vantage FX | ECN Broker Comparison
FXCC vs Vantage Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$100
Minimum Deposit
MT4
Trading Platform
90+
Markets To Trade
FXCC offers trading on MT4, including its ECN XL account with spreads from 0 without a commission charge
About
$50
Minimum Deposit
MT4, MT5, ProTrader
Trading Platforms
400+
Markets To Trade
Vantage provides trading on MT4 and MT5, allowing styles such as scalping and automated trading, additionally offers ProTrader (powered by TradingView) and has a wide range of social and copy trading platforms
About

FXCC vs Vantage

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 (formerly Vantage FX) also provides MetaTrader 5 (MT5) which is MT4's successor and also allows automated trading, and provides user friendly ProTrader.

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

FXCC is regulated by the CySEC in Cyprus. Vantage 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 also offers MT5 and ProTrader and has more markets to trade.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for Vantage is $50.

  • 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. In some regions, there is only the ECN XL account, and it has no minimum deposit.
  • 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 offers Standard STP, Raw ECN, Islamic and Pro ECN accounts. The STP account has a minimum deposit of $50, the Raw ECN account has a minimum deposit of $50 and the Pro ECN account has a minimum deposit of $10,000. The minimum trade size is 0.01 lots.
  • Vantage's Standard STP account does not charge commissions, while the Raw and Pro ECN accounts do charge commissions. All accounts allow scalping. Vantage supports social and copy trading via ZuluTrade, Myfxbook Autotrade, DupliTrade and Vantage Social Trading (on the Vantage mobile app). The 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 25+, covering Forex and Metals. On the ECN Advanced account, FXCC has 200+ markets.
  • In some regions, FXCC offers Forex, Metals, Indices, Energy and Cryptocurrencies, with 90+ available.
  • Vantage offers Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks and Soft Commodities, with 400+ available.
FXCC vs Vantage Summary Table
BrokerTrading PlatformsDescription
FXCC
Broker
MT4
Trading Platform
FXCC offers trading on MT4, allowing automated trading and provides its ECN XL account with spreads from 0 without a commission charge
Description
Vantage
Broker
MT4, MT5, ProTrader
Trading Platforms
Vantage offers trading on MT4 and its successor MT5, allowing a wide range of trading styles including scalping and automated trading and additionally provides user friendly ProTrader
Description

Spreads and leverage

  • Both brokers may offer very low Forex spreads for the most liquid Forex pairs, plus a commission charge. Vantage also offers Forex spreads without a commission charge from 1.0 and FXCC can also offer very low Forex spreads without a commission charge.

Maximum leverage for FXCC (CySEC regulated) is . Maximum leverage for Vantage (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 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 $1.50 per lot per side.

Online trading platforms

Both brokers offer MT4. Vantage additionally provides MT5 and ProTrader.

Why FXCC or Vantage ?

Traders who want to trade on MT4 can do this at either FXCC or Vantage. Traders who want to trade on MT5 (the successor to MT4) can find this platform at FXCC. Traders who want use online trading robots (EAs) can do so at both. Traders who want to trade on an account with spreads from 0, without a commission charge, may do so at FXCC. Traders who want a user friendly platform powered by TradingView, can find ProTrader at Vantage.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers MT4
  • Vantage additionally provides MT5
  • FXCC can offer its ECN XL account with no mark up or commission charge
  • Vantage provides user friendly ProTrader