NSFX vs Vantage - Forex Broker Comparison

NSFX vs Vantage FX | Broker Comparison
NSFX vs Vantage Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$300
Minimum Deposit
MT4, JForex
Trading Platforms
60+
Markets To Trade
NSFX provides trading on MT4 and JForex, allowing automated trading on both platforms
About
$50
Minimum Deposit
MT4, MT5, ProTrader
Trading Patforms
400+
Markets To Trade
Vantage provides trading on MT4 and MT5 with spreads from 0 plus commission, allows automated trading, provides platforms for social and copy trading and offers ProTrader (powered by TradingView)
About

NSFX vs Vantage

Both offfers accounts which can have low spreads plus a commission charge. Each also has an account which does not charge Forex commissions, for NSFX this provides fixed Forex spreads, for Vantage this offers variable STP trading.

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

Vantage can offer more markets to trade, particularly as it has Stocks CFDs on both platforms. Vantage 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 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 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 has a lower minimum deposit to access ECN trading.

Quick comparison

These are both MT4 ECN brokers, NSFX also provides JForex and Vantage also provides MT5 and ProTrader. Vantage 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 is $50.

  • 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 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

  • NSFX offers Forex, Indices, Energy and Metals on the MT4 ECN and JForex accounts, with 60+ available. On the MT4 Fixed account it offers Forex Major pairs.
  • Vantage offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 400+ available.

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

NSFX vs Vantage Summary Table
BrokerTrading PlatformsDescription
NSFX
Broker
MT4, JForex
Trading Platforms
NSFX offers trading on MT4 and JForex (including automated trading on both platforms) and offers a fixed spreads MT4 account
Description
Vantage
Broker
MT4, MT5, ProTrader
Trading Platforms
Vantage provides trading on MT4 and MT5, allowing automated trading and scalping, offers social and copy trading platforms and provides user friendly ProTrader
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 from 3 without a commission charge for NSFX.

Maximum leverage for NSFX (MFSA regulated) is . Maximum leverage for Vantage (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 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.

Trading Platforms

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

Why NSFX or Vantage ?

Traders who want to trade on MT4 may do so at either NSFX or Vantage. Those who want to trade on NSFX can find this platform at NSFX. Traders 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 ProTrader at Vantage. Those who want to social and copy trade may do so at Vantage, which has a wide range of platforms.

Comparison summary

  • Both offer CFD trading
  • Each provides MT4
  • NSFX additionally offers JForex
  • Vantage additionally provides MT5 and ProTrader
  • Both allow automated trading
  • Vantage provides social and copy trading platforms
  • Vantage has a $50 minimum deposit