FXTM vs VantageFX

If you are reading this article, you are likely having trouble deciding whether FXTM or VantageFX is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this FXTM or VantageFX broker comparison, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

Feature FXTM (visit site) VantageFX (visit site)
FXTM VantageFX
Headquarter: Cyprus Australia
Regulation :
CySEC, FCA, FSC, CMA CIMA
Type of Broker:
Instant/Market Execution ECN/STP
U.S. Clients Allowed:
Minimum Deposit:
$10 $200
Maximum Leverage:
Flexible 1:500
Commissions / Spreads:
Variable Both
Account 1:
Standard Standard STP
Account 2:
ECN Raw ECN
Account 3:
Shares Pro ECN
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • English
  • Chinese
  • Other
  • English
  • Spanish
  • 7+
Support Hours:
24/5 + weekend hours 24/5
E-mail Support:
SMS Support:
Chat:
Broker Offers:

Features and Platforms

FXTM provides traders with upgraded MT4/MT5 trading platforms for a minimum deposit of just $10 with a maximum leverage of 1:2000. FXTM Trader, its proprietary mobile trading platform, together with excellent educational tools, made FXTM a leading broker in emerging and frontier markets. FXTM Invest supports retail account management, and manual traders can benefit from the FXTM Pivot Point Strategy. VantageFX also offers the MT4/MT5 trading platforms, upgraded through its Smart Trader Tools suit. It also has a cutting-edge proprietary mobile app. VantageFX enables copy trading via ZuluTrade, Myfxbook AutoTrade, and DupliTrade.

Feature FXTM VantageFX
Type of Platform: MetaTrader 4, MetaTrader 5 Proprietary trading platform, MT4, MT5
Platform Languages:
  • English
  • Chinese
  • Spanish
  • Italian
  • French
  • German
  • Other
  • English
  • Spanish
  • 7+
OS Compatibility:
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

Forex traders at FXTM have 62 currency pairs, but only four cryptocurrency pairs. VantageFX provides clients with 40+ and 0, respectively. It does provide a great commodity selection with 16, while FXTM only lists eight. The bulk of assets at both brokers are in equities, where FXTM has 175 equity CFDs and eleven index CFDs. VantageFX counters with 170+ equity CFDs and 15 index CFDs. The homepage of VantageFX notes Bitcoin, but it was not listed. The overall asset selection at FXTM and VantageFX places both brokers on par with each other. It remains sufficient for new traders.

Feature FXTM VantageFX
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

Both brokers have an expensive commission-free trading account with minimum mark-ups of 1.5 pips and 1.4 pips, respectively. The ECN alternative at FXTM features a minimum spread of 0.1 pips for a cost of $4.00 per round lot, making it one of the best offers among all brokers. The FXTM Loyalty Program can decrease it to $0.80. VantageFX charges $6.00 per round lot, which can go as low as $4.00. Swap rates on leveraged overnight positions apply together with third-party payment processor costs, while FXTM levies an internal fee. Both pass corporate action on to clients.

Security and Trust

FXTM maintains its best trading conditions from the Mauritius unit authorized by the Financial Services Commission (FSC). It also operates subsidiaries with the UK Financial Conduct Authority (FCA) oversight and the Cyprus Securities and Exchange Commission (CySEC) regulatory framework. The Australian Securities & Investments Commission (ASIC) is the primary regulator of VantageFX. Three subsidiaries operate with the authorization of the Cayman Islands Monetary Authority (CIMA), the Vanuatu Financial Services Commission (VFSC), and the UK FCA. Both brokers segregate client deposits and offer negative balance protection where applicable. VantageFX also has a professional indemnity insurance policy in place.

FXTM vs VantageFX – Verdict

FXTM and VantageFX offer a similar core trading environment to traders. Both provide clients with upgraded MT4/MT5 trading platforms, where VantageFX offers more add-ons. The proprietary mobile apps at FXTM and VantageFX deliver a competitive alternative for millennial traders and clients from emerging and frontier markets, where FTXM maintains a distinct leadership position. The commission-free trading environment at both brokers is expensive. The ECN alternative at FXTM, especially with the FXTM Loyalty Program, remains one of the best among all commission-based trading accounts. VantageFX is more costly than FXTM but ranks in the Top 10 globally, making both an excellent choice for high-frequency traders. The execution statistics and liquidity pool offer scalper at FXTM and VantageFX ideal trading conditions. FXTM has a minimum deposit requirement of just $10 versus $200 at VantageFX. FXTM Invest supports retail account management, while VantageFX provides three leading copy trading platforms.

Read full FXTM Review
Read full VantageFX Review

FAQs

Is FXTM or VantageFX safer for Forex and CFDs trading?

Both brokers provide clients with a safe Forex and CFDs trading environment. FXTM and VantageFX are fully compliant and well-regulated, with a clean track record.

How many Forex pairs and CFDs are available to trade?

FXTM maintains 62 Forex pairs versus 40 at VantageFX, making it a superior choice. The overall CFDs selection is on par with more than 250 across multiple sectors at both brokers.

What about MetaTrader and copy trading?

While both deliver upgraded MT4/MT5 trading platforms, VantageFX takes an edge with more add-ons. It expands its lead with three copy trading providers versus none at FXTM, which relies on its proprietary retail account management platform FXTM Invest.

Does FXTM or VantageFX offer lower pricing?

FXTM grants traders lower pricing and remains one of the most trader-friendly brokers, but VantageFX also ranks among the Top 10.