Vantage FX vs FXChoice Broker Comparison

Are you trying to figure out which is a better broker, Vantage FX or FXChoice? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Vantage FX is the better of the two. Vantage FX offers 300+ instruments, licenses from FCA, ASIC, CIMA, and fair trading fees.

In the tables below, you can compare the features of Vantage FX and FXChoice side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked Vantage FX higher than FXChoice.

Rating
95.3/100
93.8/100
Min. Deposit
200$
100$
Regulated By
FCAFCA
ASICASIC
CIMACIMA
IFSCIFSC
Bonus
50 USD No Deposit Bonus
15%
Min. Spread
1.4
1.4
Max. Leverage
1:500
1:200
Currency Pairs
40
36
Trading Instruments
300+
50+
Trading Platforms
MT4, MT5, WebTrader, Private
MT4, MT5, mobile
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, PaySafe, ePay, E-Wallet and more
Type of Brokers
STP/ECN
Market Maker/NDD
Customer Support
24/5
24/5
Language Support
5
8
Established
2009
2010
Used By
650,000 Traders
100,000+ Traders

Does Vantage FX or FXChoice have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Vantage FX and FXChoice are, we first considered the common fees on Standard Accounts. At Vantage FX the average spread for the EUR/USD currency pair is 1.4 pips, whilst at FXChoice the spread is 1.4.

This shows that both brokers equally provide low-cost forex trading opportunities.

When it comes to non-trading fees, Vantage FX charges for . FXChoice charges for deposit, withdrawal. With this in mind, Vantage FX has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, Vantage FX or FXChoice?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Vantage FX is regulated by FCA, ASIC, CIMA and offers client protection. FXChoice is regulated by IFSC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that Vantage FX is the safer broker.

Broker summary

How many trading instruments are available at Vantage FX and FXChoice?

Vantage FX provides traders with 300+ instruments. This includes 40 currency pairs, 0 cryptocurrencies, and 100 stocks and shares. With Vantage FX, you can also trade CFDs.

In comparison, FXChoice boasts 50+ tradable instruments. FXChoice offers 36 currency pairs, 3 cryptocurrencies, and 0 stocks and shares. FXChoice also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, Vantage FX or FXChoice?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Vantage FX provides you with the ability to trade via 4 trading platforms, and FXChoice has 3 trading platforms. Both brokers also offer research and trading tools, however Vantage FX has more.

Overall, our experts agree that Vantage FX boasts the better trading platform offering.

Research Tools

Which is better for beginners, Vantage FX or FXChoice?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that Vantage FX is the better broker for beginner traders as it offers a larger range of educational tools and materials. Vantage FX also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that Vantage FX is the better broker in a range of key areas. You can learn more by reading our Vantage FX and FXChoice reviews.

Vantage FX vs FXChoice
Vantage FX
95.3
Points
FXChoice
93.8
Points
Overall
2 points
Vantage FX
96
Points
FXChoice
96
Points
Commissions & Fees
Vantage FX
97
Points
FXChoice
93
Points
Licensing & Safety
4 points
Vantage FX
99
Points
FXChoice
98
Points
Trading Platforms & Tools
1 points
Vantage FX
98
Points
FXChoice
97
Points
Payments
1 points
Vantage FX
94
Points
FXChoice
92
Points
Customer Service
2 points
Vantage FX
88
Points
FXChoice
87
Points
Educational
1 points
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