NSFX vs Vantage FX - ECN Broker Comparison

NSFX vs Vantage FX | Broker Comparison

NSFX vs Vantage FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, JForex60+MFSA
$200MT4, MT5180+ASIC, CIMA

NSFX vs Vantage FX

Both offer ECN trading. Each also has an account which does not charge Forex commissions, for NSFX this provides fixed Forex spreads, for Vantage FX this offers variable STP trading.

Each has MT4. NSFX, for a considerably higher minimum deposit provides the JForex platform, while Vantage FX offers MT5 (for the same minimum deposit as MT4). Fixed spread Forex trading is offered on MT4 at NSFX.

Vantage FX can offer more markets to trade, particularly as it has Stocks CFDs on both platforms. Vantage FX has the lower minimum deposit. To access ECN trading on MT4 at NSFX requires a higher minimum deposit, but less than JForex trading. So overall and for ECN trading, Vantage FX has the lower minimum deposit. Both brokers offer micro lot trading.

JForex, MT4 and MT5 all support the use of automated trading strategies (robots). For traders who make their own trading decisions and want to access ECN trading, JForex has a relatively large number of technical indicators inbuilt on the platform. However MT4 and MT5 allow the trader to add on additional indicators. NSFX is regulated by the MFSA in Malta. Vantage FX is regulated by the ASIC in Australia and the CIMA in the Cayman Islands.

ECN trading conditions

Both offer ECN trading platforms, access to liquidity outside of the broker, no dealing desk intervention in the order process, and accounts which may offer low spreads plus a commission charge. Vantage FX has a lower minimum deposit to access ECN trading.

Quick comparison

These are both MT4 ECN brokers, NSFX also provides JForex and Vantage FX also provides MT5. Vantage FX offers more markets to trade, while NSFX can provide a fixed spread Forex account.

Minimum deposit and account types

The minimum deposit for NSFX is $300. The minimum deposit for Vantage FX is $200.

  • NSFX offers three account types. These are the MT4 Fixed, MT4 ECN and JForex accounts. The minimum deposit for the MT4 Fixed account is $300, the minimum deposit for the MT4 ECN account is $3,000 and the minimum deposit for the JForex account is $5,000.
  • The NSFX MT4 Fixed account does not charge commissions, the MT4 ECN and JForex accounts do. On its website NSFX provides Trading Central along with analysis, news and an economic calendar and the NSFX academy which includes an FX Video Course, Trading Examples and Guides and a Forex eBook. Hedging is allowed on all three account types as is micro lot trading but only on the MT4 ECN and JForex accounts are EAs enabled and scalping allowed. An Islamic account is available.
  • 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

  • NSFX offers Forex, Indices, Energy and Precious Metals on the MT4 ECN and JForex accounts, with 60+ available. On the MT4 Fixed account it offers Forex Major pairs.
  • Vantage FX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 180+ available.

NSFX provides 55+ Forex pairs. Vantage FX provides 45+ Forex pairs.

Cryptocurrency CFDs

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

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 from 3 without a commission charge for NSFX.

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

Commissions

  • NSFX's MT4 ECN and JForex accounts charge commissions of $8 per lot round trip (i.e $4 per lot per side).
  • 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.

Trading Platforms

Both offer MT4. NSFX additionally provides JForex, while Vantage FX offers MT5.

Why NSFX or Vantage FX ?

Both brokers offer ECN trading. However they differ in platforms (except for the joint provision of MT4) and minimum deposit required to access ECN services ($200 for Vantage FX vs $3000 for Vantage FX). Traders who wish to trade with fixed Forex spreads (and no commission charge), can find an account at NSFX with a minimum deposit of $300. Vantage FX also has an account which does not charge commissions, offering variable STP trading. NSFX does provide JForex, which is both specialised for ECN trading (like MT5 which Vantage FX offers) and has a large number of inbuilt technical indicators. Traders can run robots at either broker, Expert Advisors on MT4 and MT5 or scripts on JForex.

Comparison summary

  • Both offer ECN trading
  • NSFX has an account with fixed Forex spreads, without a commission charge
  • Vantage FX offers variable STP trading, without a commission charge
  • On the ECN accounts, there is a commission charge, but spreads can be low
  • Vantage FX offers a lower minimum deposit for ECN trading
  • NSFX has a comparable minimum deposit for its fixed spread account
  • NSFX has a considerably higher minimum deposit for JForex

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