Vantage FX vs FXTM Broker Comparison

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Are you trying to figure out which is a better broker, Vantage FX or FXTM? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXTM is the better of the two. FXTM offers 250+ instruments, licenses from FCA, CySec, FSCA, FSC, and fair trading fees.

In the tables below, you can compare the features of Vantage FX and FXTM 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 FXTM higher than Vantage FX.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
vantage fxFXTM@1x
OPEN ACCOUNTReviewReview
RATING95.3/10096.5/100
MIN. DEPOSIT200$10$
REGULATED BYuk australia cayman-islandsuk europe south africa mauritius
BONUS50 USD No Deposit BonusCashback (T&Cs; apply) – 30% Welcome Bonus (T&Cs; Apply)
MIN. SPREAD1.41.2
MAX. LEVERAGE1:5001:2000
CURRENCY PAIRS4059
TRADING INSTRUMENTS300+250+
TRADING PLATFORMSMT4, MT5, WebTrader, PrivateMT4, MT5, Mobile
DEPOSIT METHODSBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
TYPE OF BROKERSSTP/ECNMarket Maker/ECN
CUSTOMER SUPPORT24/5N/A
LANGUAGE SUPPORT517
ESTABLISHED20092013
USED BY650,000 Traders1,800,000 Traders

Does Vantage FX or FXTM 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 FXTM 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 FXTM the spread is 1.2.

This shows that FXTM is the better option for low-cost forex trading.

When it comes to non-trading fees, Vantage FX charges for . FXTM charges for inactivity, 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 Vantage FX is the better option.

Trading Fees*

TYPE OF FEEVANTAGE FXFXTM
Minimum Spread EURUSD (pips)1.41.2
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEVANTAGE FXFXTM
Account FeesNN
Inactivity FeesNY
Deposit FeesNN
Withdrawal FeesNY

Which broker is safer, Vantage FX or FXTM?

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. FXTM is regulated by FCA, CySec, FSCA, FSC 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

VANTAGE FXFXTM
Minimum Deposit (USD $)20010
LicensesFCA, ASIC, CIMAFCA, CySec, FSCA, FSC
Max. Leverage1:5001:2000
Client ProtectionYY
Broker TypeSTP/ECNMarket Maker/ECN
Number of Instruments300+250+
Currency Pairs4059
Stocks100170
Cryptocurrencies04
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YY
Mobile CompatibleNY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
24/5 Customer SupportYY
Live ChatYY

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

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, FXTM boasts 250+ tradable instruments. FXTM offers 59 currency pairs, 4 cryptocurrencies, and 170 stocks and shares. FXTM also allows CFD trading.

As FXTM has 250+ and Vantage FX has 300+, a difference of 50, this shows that FXTM offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTVANTAGE FXFXTM
Currency Pairs4059
Commodities203
Precious Metals55
Indices1411
Stocks and Shares100170
Cryptocurrencies04
Options00
ETFs11

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

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 FXTM 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

TOOLVANTAGE FXFXTM
News (from top-tier sources)YY
Trading Signals and IndicatorsYY
Trade IdeasYY
Expert AnalysisYY
Autochartist ToolsYN
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, Vantage FX or FXTM?

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 FXTM is the better broker for beginner traders as it offers a larger range of educational tools and materials. FXTM also has a minimum deposit of $.

Educational Features

FEATUREVANTAGE FXFXTM
Demo AccountYY
Platform Tutorial VideosYN
Educational PDFsYY
Live WebinarsNY
YouTube VideosYY
Trading AcademyNN
Trading GlossaryNY

Which broker is better overall?

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

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