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FXCM vs Vantage FX 2020

Is FXCM better than Vantage FX? After testing 30 of the best forex brokers over five months, FXCM is better than Vantage FX. While its range of tradeable markets is narrow and pricing is just average for everyday trading, FXCM caters to multiple trader types. High-volume traders, algorithmic traders, and, overall, traders that appreciate robust trading tools alongside quality market research will find FXCM to be a good fit.



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.

Overall Rating

Feature FXCM Vantage FX
Overall 4.5 3.5
FXCM Review Vantage FX Review
75.38% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature FXCM Vantage FX
Trust Score 92 79
Year Founded
1999 2009
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
3 2
Tier-2 Licenses
2 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes No

Tier-1 Licenses

Feature FXCM Vantage FX
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature FXCM Vantage FX
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
39 44
CFDs - Total Offered
32 260
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3
Winner check_circle

Cost

Feature FXCM Vantage FX
Average Spread EUR/USD - Standard
1.3 (as of Q2 19) 1.35 (July 2020)
All-in Cost EUR/USD - Active
0.7 (as of Q2 19) 0.80 (July 2020)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 3.5
Winner check_circle

Funding

Feature FXCM Vantage FX
Minimum Initial Deposit
£300 $200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature FXCM Vantage FX
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No

Trading Tools

Feature FXCM Vantage FX
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
12 (Default MT4)
Charting - Indicators / Studies (Total)
57 (Default MT4)
Charting - Drawing Tools (Total)
18 (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4.5 2.5
Winner check_circle

Mobile Trading

Feature FXCM Vantage FX
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
60 (Default MT4)
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4 3
Winner check_circle

Research

Feature FXCM Vantage FX
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes No
Research 4.5 3
Winner check_circle

Education

Feature FXCM Vantage FX
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 3.5
Winner check_circle

Major Forex Pairs

Feature FXCM Vantage FX
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes No
AUD/USD
Yes Yes

Overall

Feature FXCM Vantage FX
FXCM Review Vantage FX Review
Overall 4.5 3.5
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare FXCM vs Vantage FX.

Does FXCM or Vantage FX offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FXCM offers better pricing overall for traders.

Is FXCM or Vantage FX safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FXCM holds 3 global Tier-1 licenses, while Vantage FX holds 2. FXCM holds 2 global Tier-2 licenses, while Vantage FX holds 0. All regulators considered, FXCM has a Trust Score of 92.00, while Vantage FX's Trust Score is 79.00.

Which trading platform is better: FXCM or Vantage FX?
To compare the trading platforms of both FXCM and Vantage FX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, FXCM offers superior market research. Finally, we found FXCM to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. FXCM and Vantage FX both offer copy trading. Both FXCM and Vantage FX offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Vantage FX provides traders 44 currency pairs (e.g., EUR/USD) compared to FXCM's 39 available pairs. Forex pairs aside, Vantage FX offers traders access to 260 CFDs while FXCM has 32 available CFDs, a difference of 228.

Overall, between FXCM and Vantage FX, FXCM is the better forex broker.

FXCM Review
Vantage FX Review

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Trading CFDs, FX, and cryptocurrencies involve 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 01/20/2020 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.

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