FXOpen vs Vantage - Online Brokerage Comparison

FXOpen vs Vantage FX | ECN Broker Comparison
FXOpen vs Vantage Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$1
Minimum Deposit
MT4, MT5, TickTrader
Trading Platforms
600+
Markets To Trade
FXOpen offers a Cent account with a $1 minimum deposit and provides trading (including automated trading) on MT4, MT5 and TickTrader
About
$50
Minimum Deposit
MT4, MT5, ProTrader
Trading Platforms
400+
Markets To Trade
Vantage provides trading on MT4 and MT5, supporting automated trading with EA robots and offers social and copy trading platforms as well as providing ProTrader (which has TradingView charts)
About

FXOpen vs Vantage Comparison

This is a comparison of FXOpen vs Vantage (formerly Vantage FX). These are both brokers offering MT4 and MT5 trading, however FXOpen also provides TickTrader (TickTrader desktop allows automated trading, like MT4 and MT5). Vantage additionally offers ProTrader, which has TradingView charts.

ECN trading conditions

Both brokers allow automated trading and styles such as scalping, offering STP order processing, where client orders are matched via the broker's ECN.

Quick comparison

These are both MT4 and MT5 brokers. Vantage addtionally offers ProTrader. FXOpen additionally provides TickTrader and has a Cent account with a low minimum deposit.

Minimum deposit and account types

The minimum deposit for FXOpen is $1. The minimum deposit for Vantage is $50.

  • FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account, $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's 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

  • FXOpen offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies, with 600+ available.
  • Vantage offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 400+ available.
FXOpen vs Vantage Summary Table
BrokerTrading PlatformsDescription
FXOpen
Broker
MT4, MT5, TickTrader
Trading Platforms
FXOpen offers trading (including automated trading) on MT4, MT5 and TickTrader and offers a Cent account with a $1 minimum deposit
Description
Vantage
Broker
MT4, MT5, ProTrader
Trading Platforms
Vantage provides trading on MT4 and MT5 (including automated trading), offers ProTrader (powered by TradingView) and provides a wide range of social and copy trading platforms
Description

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, IOTA, EOS, NEO, Ethereum Classic, Monero, DASH, OMNI, Namecoin, Peercoin and Emercoin CFDs.
  • Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, IOTA, EOS, NEO, Ethereum Classic, Stellar, Uniswap, Cardano, Chainlink, Polkadot, Binance Coin, Algorand, Solana, Dogecoin, Polygon, Avalanche, Cosmos, Zcash, The Sandbox, SHIB, Tezos, BAT, TRON, Axie Infinity, Curve, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony, Sushi and Uniswap CFDs.

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.

Maximum leverage for FXOpen is 500:1. Maximum leverage for Vantage (CIMA regulated) is 500:1.

Commission charge

  • For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
  • 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 provide MT4 and MT5. FXOpen additionally provides TickTrader. Vantage additionally offers ProTrader.

Why FXOpen or Vantage ?

Traders who want to trade on MT4 or MT5 may do so at either. Traders who want to trade on TickTrader (a user friendly platform) may do so at FXOpen. Those who want to trade on a user friendly platform with TradingView charts, can find ProTrader at Vantage. Traders who want to trade on a Cent account with a low minimum deposit ($1) can do this at FXOpen. Those who want to social and copy trade may do so at Vantage.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4 and MT5
  • FXOpen additionally provides TickTrader
  • Vantage additionally offers ProTrader (powered by TradingView)
  • Both allow automated trading
  • Vantage offers social and copy trading platforms
  • FXOpen has a Cent account with a $1 minimum deposit