FXTM vs Vantage - Online Brokerage Comparison

FXTM vs Vantage FX | Trading Brokers Comparison
FXTM vs Vantage Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$10
Minimum Deposit
MT4, MT5
Trading Platforms
1000+
Markets To Trade
FXTM offers trading on MetaTrader, with support for Expert Advisors (EAs) and provides a Cent account with low minimum trade sizes
About
$50
Minimum Deposit
MT4, MT5, ProTrader
Trading Platforms
400+
Markets To Trade
Vantage offers MT4 and MT5 along with user friendly ProTrader and allows social and copy trading across a range of platforms
About

FXTM vs Vantage Comparison

Vantage offers MT4 and MT5 ECN trading, as does FXTM. Vantage FX additionally provides ProTrader, which is a user friendly platform. FXTM has a range of other account types which include a Cent type account (called a Micro account), for MT4. A Cent account is a type of MetaTrader account structure which lets the trader trade with trade sizes lower than micro lots. This means that a trader can potentially trade with a smaller account size (and hence trade via lower minimum deposits).

FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.

Vantage is regulated by the ASIC in Australia and the CIMA in the Cayman Islands.

ECN trading conditions

Both offer ECN trading on MT4 and MT5.

Quick comparison

These are both MT4 and MT5 brokers. Vantage additionally offers user friendly ProTrader, while FXTM offers a Cent account.

Minimum deposit and account types

The minimum deposit for FXTM is $50. The minimum deposit for Vantage is $10 ($50 in the EEA).

  • FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (for MT4 only). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.
  • 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

  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.
  • Vantage offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 400+ available.
FXTM vs Vantage Summary Table
BrokerTrading PlatformsDescription
FXTM
Broker
MT4, MT5
Trading Platforms
FXTM is a MetaTrader broker with a range of account types and offers spreads from 0 plus commission and provides a Cent account with very low trade sizes, for MT4
Description
Vantage
Broker
MT4, MT5, ProTrader
Trading Platforms
Vantage offers support for automated trading via MT4 and MT5 and offers user friendly ProTrader as well as a range of copy trading platforms
Description

Cryptocurrency CFDs

  • Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Uniswap, Cardano, Chainlink, Polkadot, Binance Coin, Algorand, Solana, Dogecoin, Polygon, Avalanche, Cosmos, EOS, Zcash, The Sandbox, SHIB, Tezos, BAT, TRON, IOTA, NEO, Axie Infinity, Curve, Ethereum Classic, 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 and FXTM offers Forex spreads without a commission charge from 1.5.

Maximum leverage for FXTM (FCA regulated) is . Maximum leverage for FXTM (FSC regulated) is 500:1. Maximum leverage for Vantage (CIMA regulated) is 500:1.

Commission charge

  • FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded. Commission is charged for the ECN account.
  • Vantage has a commission charge from $3 per lot per side for ECN trading, except for its Pro ECN account which has a commission charge from $1.5 per lot per side.

Online trading platforms

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

Why FXTM or Vantage ?

Traders who want to trade on MT4 or MT5 may do so at either broker. Traders who want to trade on a user friendly platform can find this at Vantage (the ProTrader platform). Traders who want a Cent account for MT4 with low minimum trade sizes and a low minimum deposit of $10 can find the Micro account at FXTM.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4 and MT5
  • Vantage additionally provides ProTrader
  • Both allow the use of Expert Advisors
  • FXTM also provides an MT4 Cent type account with a low minimum deposit