Vantage vs XM - Online Brokerage Comparison

Vantage FX vs XM | Broker Comparison
Vantage vs XM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$50
Minimum Deposit
MT4, MT5, ProTrader
Trading Platforms
400+
Markets To Trade
Vantage allows automated trading with EAs on MT4 and MT5, has social and copy trading platforms and provides ProTrader (powered by TradingView)
About
$5
Minimum Deposit
MT4, MT5
Trading Platforms
1000+
Markets To Trade
XM offers trading, including automated trading, on MT4 and MT5 and has a Cent account with a $5 minimum deposit
About

Vantage vs XM Comparison

XM and Vantage (formerly Vantage FX) both offer the MT4 and MT5 trading platforms. Vantage additionally offers ProTrader, which has TradingView charts. Vantage is an ECN broker, though it offers an STP account which does not charge commissions. XM has a range of accounts, including its XM Zero account (available at CySEC regulated XM) which charges commissions, and a Micro (cent) and Standard account which do not.

XM has a very low minimum deposit. Vantage can offer an account for higher volume traders, which has a much higher minimum deposit. Both have no dealing desk intervention and allow EAs and scalping.

Vantage is regulated by the ASIC in Australia and the CIMA in the Cayman Islands. XM is regulated by the ASIC in Australia, the IFSC in Belize and the CySEC in Cyprus.

ECN trading conditions

Both can offer accounts which have a commission charge added to spreads which can be low for the more liquid Forex pairs and allow scalping, hedging and EAs.

Quick comparison

These brokers each provide MT4 and MT5, while Vantage additionally offers ProTrader and social and copy trading. Vantage is an ECN broker, while XM has a range of account types including a cent account.

Minimum deposit and account types

The minimum deposit for Vantage is $200. The minimum deposit for XM is $5.

  • 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.
  • XM CySEC regulated offers three account types, the Micro, Standard and XM Zero accounts, all with minimum deposits of $5. An Islamic account is available for each account type. The Micro and Standard accounts do not charge commissions, the XM Zero account does charge commissions. The Micro and Standard accounts differ in terms of order sizes available. The minimum trade size is 0.0001 lots.
  • XM ASIC regulated offers the XM Ultra Low account instead of the XM Zero account. XM IFSC regulated offers the Micro, Standard and Ultra Low accounts and a Shares account (with real Shares to own). The minimum deposit for the Ultra Low account is $50. The minimum deposit for the Shares account is $10,000.
  • XM offers an economic calendar, a personal account manager, video tutorials, daily technical analysis, Forex market research and daily Forex signals, trading tools, market outlook and webinars. XM allows EAs, hedging and scalping.

Markets

  • Vantage offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals and Stocks, with 400+ available.
  • XM offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals and Stocks, with 1000+ available on MT5. There are 100+ available on MT4, as it does not offer Stocks or Cryptocurrency CFDs. The XM Zero account has Forex, Gold and Silver, with 55+

Vantage provides 45+ Forex pairs, XM provides 60+ Forex pairs.

Vantage vs XM Summary Table
BrokerTrading PlatformsDescription
XM
Broker
MT4, MT5
Trading Platforms
XM offers MT4 and MT5 allowing automated trading and provides a Cent account with a $5 minimum deposit
Description
Vantage
Broker
MT4, MT5, ProTrader
Trading Platforms
Vantage provides MT4 and MT5, offering rapid order processing and allowing automated trading, as well as providing social and copy trading platforms and offering user friendly ProTrader
Description

Cryptocurrency CFDs

  • Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Cardano, Sushi, Chainlink, Algorand, Solana, Avalanche, Axie Infinity, BAT, Uniswap, Polkadot, Binance Coin, Dogecoin, Polygon, Cosmos, EOS, Zcash, The Sandbox, SHIB, Tezos, TRON, IOTA, NEO, Curve, Ethereum Classic, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony and Uniswap CFDs.
  • XM offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Cardano, Sushi, Chainlink, Algorand, Solana, Avalanche, Axie Infinity, BAT, Aave, Compound, Enjin, Fetch.ai, The Graph, OmiseGO, SKALE, Storj and Ox CFDs.

Spreads and leverage

  • Both brokers offer spreads from 0 plus a commission charge and higher spreads without a commission charge, from 0.6 for XM and 1.0 for Vantage.

Maximum leverage for Vantage (CIMA regulated) is 500:1. Maximum leverage for XM (ASIC or CySEC regulated) is . Maximum leverage for XM Global (IFSC regulated) is 888:1.

Commissions

  • 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.
  • The XM Zero account charges commission of $3.5 per lot per side.

Online trading platforms

Both offer MT4 and MT5. Vantage additonally provides ProTrader.

Why Vantage or XM ?

Traders who want to trade on MT4 or MT5 may do so at either. Traders who want to trade using EA robots, may also do so at either. Traders who want to social and copy trade can do this at Vantage. Traders who want to trade on a Cent account with a low deposit and minimum order size, can do this at XM. Those who want to trade on a user friendly platform with TradingView charts, can find ProTrader at Vantage.

Comparison summary

  • Both offer MT4 and MT5
  • Vantage provides social and copy trading platforms
  • XM has a range account types, including a Cent account
  • XM can provide more markets to trade on MT5
  • Vantage additionally provides user friendly ProTrader
  • XM has a very low minimum deposit ($5)