Compare OANDA Vs Vantage Markets: Which is the Better Forex Broker in 2023?
OANDA Vs Vantage Markets, 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 OANDA Vs Vantage Markets, here is the direct comparison:
|❗Information||Testimonials (101), News (27), Articles (16), Bonus (2)||Testimonials (9), News (25), Articles (22), Bonus (3), Promotions (1)|
|💲 Min Deposit||$0||$200|
|⚖ Max Leverage||1:20||1:500|
|💸 Commissions||-$50/Mil commission for Core pricing||$3|
|💡 Min Position||0.00001 lot||0.01 lot|
|💳 Payment||Visa, Mastercard card, ACH deposits and Bank transfer||Bank Wire, Credit Card, BPAY(Australia Only), POLi Payments, Neteller, Skrill (Moneybookers), JCB, China Union Pay, Fasapay, Broker to Broker and Cryptocurrency|
|🧩 Demo Account|
|📁 Segregated Account|
|🕋 Islamic Account|
|👨💻 PAMM Account|
|📈 Managed Account|
|🇺🇸 US traders|
|🏆 Trading contests|
|⚡ Automated trading|
|💰 Bonus offers|
|📖 Free education|
|1️⃣ One-click trading|
|⏱ Trailing stop|
|⏳ Pending orders|
|Gold & Silver|
|🗣 Website Languages||English||Afrikaans, Arabic, Cantonese, English, German, Greek, Hindi, Malay, Mandarin, Portuguese, Punjabi, Spanish, Romanian, Russian, Tamil|
|🚪 Trade Now||Open OANDA||Open Vantage Markets|
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OANDA is the best broker I've ever know....
My EA doesn't work very well after some time. So...
My friend recommend me to trade with OANDA. But it...
I realize half on these commentaries are only half reliable....
I learned lots of new ideas from this blog. Great...
This company is usually chosen because it has a pretty...
VantageFX broker is cool. From the appearance, I like it....
Compared to other brokers from Australia and already regulated (Pepperstone,...
VantageFX is quite a number of free tools. can be...
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Vantage Markets Launches World Cup Craze Promotion
Galin Georgiev Becomes OANDA Head of Product Operations
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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, OANDA provides their pricing with Fixed spread while Vantage Markets offers Fixed spread.
OANDA vs Vantage Markets: 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, OANDA enables trading with FxTrade App, MetaTrader 5, Oanda Platform, MetaTrader 4. The offer is supported with . In comparison, Vantage Markets provides trading with MetaTrader 4, MetaTrader 5, WebTrader, CHARTS by TradingView, Mobile Apps with the support of One-click trading, Trailing stop, Pending orders.
Is OANDA or Vantage Markets 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, OANDA supports trading with Forex, Gold & silver, CFD, Crypto, while Vantage Markets presents the ability of trading with Forex, CFD, Oil, Indexes.
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.
Looking for more references? Here are other comparisons related to OANDA and Vantage Markets:
- Compare OANDA vs XTB
- Compare OANDA vs GOMarkets
- Compare OANDA vs Admirals
- Compare Vantage Markets vs FXTM
- Compare Vantage Markets vs Interactive Brokers
- Compare Vantage Markets vs Juno Markets
For more comparisons, visit this page.