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Vantage FX vs FXCM 2019
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | Vantage FX | FXCM |
| Overall | ||
| Vantage FX Review | FXCM Review | |
| 74-89% of retail CFD accounts lose money | 74-89% of retail CFD accounts lose money |
Regulation
| Feature | Vantage FX | FXCM |
| Trust Score | 76 | 90 |
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Year Founded |
2009 | 1999 |
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Publicly Traded (Listed) |
No | Yes |
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Bank |
No | No |
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Tier-1 Licenses |
2 | 3 |
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Tier-2 Licenses |
0 | 2 |
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Tier-3 Licenses |
1 | 0 |
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Authorised in the European Union |
No | Yes |
Tier-1 Licenses
| Feature | Vantage FX | FXCM |
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ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
No | Yes |
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SFC Authorised (Hong Kong) |
No | No |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
No | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
No | No |
Investments
| Feature | Vantage FX | FXCM |
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Forex: Spot Trading |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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Currency Pairs (Total Forex pairs) |
38 | 39 |
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CFDs - Total Offered |
24 | 32 |
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Cryptocurrency traded as actual |
No | No |
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Cryptocurrency traded as CFD |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | Vantage FX | FXCM |
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Average Spread EUR/USD - Standard |
1.4 (as of Jul 18) | 1.3 (as of Q2 19) |
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All-in Cost EUR/USD - Active |
0.7 (as of Jul 18) | 0.7 (as of Q2 19) |
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Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | Vantage FX | FXCM |
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Minimum Initial Deposit |
$100 | $0.00 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
No | Yes |
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PayPal (Deposit/Withdraw) |
No | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | Vantage FX | FXCM |
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Proprietary Platform |
No | Yes |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
Yes | No |
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cTrader |
No | No |
Trading Tools
| Feature | Vantage FX | FXCM |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
7 | 7 |
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Charting - Indicators / Studies (Total) |
51 | 51 |
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Charting - Drawing Tools (Total) |
31 | 31 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | Vantage FX | FXCM |
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Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Trading - Forex |
Yes | Yes |
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Trading - CFDs |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
No | Yes |
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Charting - Indicators / Studies |
30 | 30 |
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Charting - Draw Trend Lines |
Yes | Yes |
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Charting - Trend Lines Moveable |
No | Yes |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
No | Yes |
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Forex Calendar |
No | Yes |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | Vantage FX | FXCM |
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Daily Market Commentary |
No | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
No | Yes |
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AutoChartist |
No | Yes |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | Vantage FX | FXCM |
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Has Education - Forex |
Yes | Yes |
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Has Education - CFDs |
No | No |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
No | Yes |
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Videos - Beginner Trading Videos |
No | Yes |
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Videos - Advanced Trading Videos |
No | Yes |
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Investor Dictionary (Glossary) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | Vantage FX | FXCM |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
No | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | Vantage FX | FXCM |
| Vantage FX Review | FXCM Review | |
| Overall | ||
| Winner | check_circle |
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 FXCM and Vantage FX hold a 3.50 star rating.
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. FXCM alongside Vantage FX are regulated in a major hub. FXCM is a publicly traded company, while Vantage FX is not. As far as how many currency pairs are available for trading, here's the answer. FXCM boasts an offering of 39 different currency pairs compared to Vantage FX's 38 available pairs.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. FXCM 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. Both brokers offer clients access to the same number of charting tools, 31. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.
FXCM Review
Vantage FX Review
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
