After spending several months and hundreds of hours researching 28 different forex brokers
for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare AxiTrader vs Vantage FX.
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Both AxiTrader and Vantage FX are rated 3.50 stars.
Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. AxiTrader and Vantage FX both are regulated in a major hub. Neither AxiTrader and Vantage FX are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. AxiTrader offers its clients access to 53 different currency pairs while Vantage FX has 38 available pairs, a difference of 15.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. AxiTrader alongside Vantage FX offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. AxiTrader and Vantage FX offer the same number of charting tools, 31. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.
Vantage FX Review