FXTM vs Vantage FX - Online Brokerage Comparison

FXTM vs Vantage FX | Trading Brokers Comparison

FXTM vs Vantage FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$10MT4, MT5250+FCA, CySEC, FSCA, FSC
$200MT4, MT5180+ASIC, CIMA

FXTM vs Vantage FX Comparison

Vantage FX offers MT4 and MT5 ECN trading, as does FXTM. FXTM has a range of other account types which include a Cent account. A Cent account is a type of MT4 or MT5 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 FX 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 FX is an ECN broker, while FXTM has a range of account types including ECN and Cent.

Minimum deposit and account types

The minimum deposit for FXTM is $10. The minimum deposit for Vantage FX is $200.

  • FXTM offers three Standard account types: Standard, Cent and Shares and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Shares accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.
  • 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

  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 250+ available.
  • Vantage FX offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 180+ available.

Cryptocurrency CFDs

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

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 FXTM offers Forex spreads without a commission charge from 1.3.

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

Commission charge

  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. Commission is charged for the ECN account.
  • 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 provide MT4 and MT5.

Why FXTM or Vantage FX ?

Vantage FX focuses on ECN trading, and utilises Equinix infrastructure to help deliver fast order processing. Both offer MT4 and MT5 and allow the use of Expert Advisors (EAs) which execute as trading robots. FXTM has a considerably lower minimum deposit than Vantage FX as it offers a Cent account, which allows the trader to trade with smaller account sizes.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4 and MT5
  • Both allow the use of Expert Advisors
  • Each has ECN accounts
  • FXTM also provides a Cent account

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