IronFX vs Vantage Comparison Table
| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| IronFX | $50 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | IronFX offers a Cent account, social and copy trading platforms and fixed and variable spreads About |
| Vantage | $50 Minimum Deposit | MT4, MT5, ProTrader Trading Platforms | 400+ Markets To Trade | Vantage provides trading on both MT4 and MT5, allowing automated trading and offers ProTrader, powered by TradingView About |
IronFX vs Vantage Comparison
IronFX is a MetaTrader 4 (MT4) broker offering a range of account types, which includes STP/ECN. Vantage (formerly Vantage FX) also offers MT4 and additionally provides ECN trading on MetaTrader 5 (MT5) and offers ProTrader (powered by TradingView). Both brokers let the trader use Expert Advisors (EAs) to trade using automated trading strategies (online trading robots).
Quick comparison
Both offer MT4, Vantage additionally provides MT5 and ProTrader. IronFX has a Cent account.
Minimum deposit and account types
The minimum deposit for IronFX is $50. The minimum deposit for Vantage is $50.
- IronFX offers a range of account types and services. These include a Standard account which has a minimum deposit of $50, a Premium account with a minimum deposit of $2,500 and a VIP account with a minimum deposit of $20,000. These three account types are available with fixed or variable spreads and the spreads can be tighter on higher account types. There is additionally a Cent account, which offers small trade sizes and has a minimum deposit of $50. Social and copy trading is provided via Myfxbook AutoTrade and TradeCopier. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 lots and the Cent account where it is 0.0001 lots.
- IronFX also offers a Zero Fixed Spread account. This provides zero spreads for some markets, with commissions charged. As well, IronFX offers STP/ECN accounts with or without commissions. It also has an STP/ECN Absolute Zero account, with spreads from zero, with no commission charge. For the Zero Fixed Spread account and the STP/ECN accounts, the minimum deposit is $500. The minimum deposit for the Absolute Zero account is upon request to the account manager.
- All IronFX accounts offer a Dedicated Account Manager, Technical Analysis Reports, Investor Education Tools and Private One-on-One Trading Guidance. The Premium, VIP, STP/ECN No Commission and STP/ECN Zero Spread accounts also offer a Dealing Department Transaction Hotline.
- 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
- IronFX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 200+ available.
- Vantage offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 400+ available.
Vantage vs IronFX Summary Table
| Broker | Trading Platforms | Description |
|---|---|---|
| Vantage Broker | MT4, MT5, ProTrader Trading Platforms | Vantage provides trading on MT4 and MT5 (including automated trading) and offers ProTrader (powered by TradingView) Description |
| IronFX Broker | MT4 Trading Platforms | IronFX is an MT4 broker with 200+ markets to trade and a wide range of account types, including fixed spreads and Cent Description |
Cryptocurrency CFDs
- IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Cardano, EOS, Dogecoin, Polkadot, Uniswap, IOTA, Ethereum Classic, Solana, TRON, OmiseGO, Internet Computer Protocol and IOST CFDs.
- Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Cardano, EOS, Dogecoin, Polkadot, Uniswap, IOTA, Ethereum Classic, Solana, TRON, Chainlink, Binance Coin, Algorand, Polygon, Avalanche, Cosmos, Zcash, The Sandbox, SHIB, Tezos, BAT, NEO, Axie Infinity, Curve, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony and Sushi 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 IronFX offers Forex spreads without a commission charge from 0.
Maximum leverage for IronFX is 1000:1, but maximum leverage for STP/ECN trading is 200:1. Maximum leverage for Vantage is 500:1.
Commission charge
- IronFX has a commission charge from $6.75 per lot per side.
- 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
Each provides MT4. Vantage additionally provides MT5 and ProTrader.
Why IronFX or Vantage ?
Traders who want to trade on MT4 may do so at either. Those who want to trade on MT5 can find this platform at Vantage. Traders who want to trade on a user friendly platform powered by TradingView, can find this platform at Vantage. Those who want to trade with fixed spreads or use a Cent account, may do so at IronFX.
Comparison summary
- Both offer CFD trading
- Each provides MT4
- Vantage additionally offers MT5
- IronFX offers a Cent account
- Vantage also provides ProTrader (powered by TradingView)
- IronFX offers fixed spreads (as well as variable spreads)
