FXCM vs Vantage FX: Which One is Better for You?
FXCM vs Vantage FX, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FXCM vs Vantage FX, here is the direct comparison:
|Office(s)||Australia, Canada, Chile, France, Germany, Hong Kong, Israel, Italy, Japan, South Africa, United Kingdom, United States||Australia, Cayman Islands, United Kingdom|
CONSOB (Italy), 76
DMCC (Dubai), 31171
FCA (UK), 217689
ISA (Israel), 2
SFC (Hong Kong), AIM232
|ASIC, #ACN 140 903 886
FCA (UK), 501057
|Minimum Position||0.01 lot||0.01 lot|
|Payment||Credit/debit cards, Neteller, Skrill, Wire transfer||BPAY, Credit/debit cards, FasaPay, Neteller, Skrill, UnionPay, Wire transfer|
|US traders are welcome|
|Requires sending documents via postal mail|
|Overnight interest rates (swaps)|
|Trading by telephone|
|Interest rate on funds|
Trading Platforms and Complements
|Trading via API|
|One-Cancels-Other (OCO) orders|
|Gold & silver|
|Website Languages||Arabic, Chinese, English, French, German, Greek, Hebrew, Italian, Portuguese, Spanish, Swedish||Arabic, Chinese, English, French, German, Indonesian, Japanese, Malay, Thai|
Achmad ZaenuriJul 24 2020
VantageFX broker is cool. From the appearance, I like it. The facilities are extensive and he is a regulated Australian broker that can be accessed. It's just a shame there is no Indonesian support
Alfredo HimamJul 24 2020
Compared to other brokers from Australia and already regulated (Pepperstone, Thinkforex, IC Markets) Vantage FX is less well known. Even though the offer is competitive and has complete service.
Edward HallenJul 24 2020
VantageFX is quite a number of free tools. can be installed on the platform too.
Zachira ElbeJul 24 2020
Nearly 2 years I use Vantage FX and recently I realized, a Vantage FX demo account has the same price feed as a live account. So, there is almost no difference between the two accounts. In addition, the MetaTrader 4 Vantage FX platform has a variety of services.
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FXCM provides their pricing with Fixed while Vantage FX offers Fixed.
FXCM vs Vantage FX: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FXCM enables trading with MetaTrader 4 (Limited with 30 days), Trading Station II (Limited with 30 days), MirrorTrader, NinjaTrader. The offer is supported with Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders. In comparison, Vantage FX provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5, WebTrader with the support of Mobile trading, One-click trading, Trailing stop, Pending orders.
Is FXCM or Vantage FX better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FXCM supports trading with Forex, Spread betting, Gold & silver, CFD, Oil, Indexes, Agriculture, Cryptocurrencies, while Vantage FX presents the ability of trading with Forex, CFD, Indexes, Cryptocurrencies, Binary options.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments. To help you decide, this article here presents complete information on what you have to consider when choosing a forex broker:
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