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.
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FXCM vs Vantage FX 2020
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 | FXCM | Vantage FX |
| Overall | ||
| 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 |
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Year Founded |
1999 | 2009 |
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Publicly Traded (Listed) |
Yes | No |
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Bank |
No | No |
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Tier-1 Licenses |
3 | 2 |
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Tier-2 Licenses |
2 | 0 |
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Tier-3 Licenses |
0 | 1 |
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Authorised in the European Union |
Yes | No |
Tier-1 Licenses
| Feature | FXCM | Vantage FX |
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ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
Yes | No |
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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 | FXCM | Vantage FX |
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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) |
39 | 44 |
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CFDs - Total Offered |
32 | 260 |
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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 | FXCM | Vantage FX |
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Average Spread EUR/USD - Standard |
1.3 (as of Q2 19) | 1.35 (July 2020) |
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All-in Cost EUR/USD - Active |
0.7 (as of Q2 19) | 0.80 (July 2020) |
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Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | FXCM | Vantage FX |
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Minimum Initial Deposit |
£300 | $200 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | No |
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PayPal (Deposit/Withdraw) |
No | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | FXCM | Vantage FX |
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Proprietary Platform |
Yes | No |
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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) |
No | Yes |
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cTrader |
No | No |
Trading Tools
| Feature | FXCM | Vantage FX |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
12 | (Default MT4) |
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Charting - Indicators / Studies (Total) |
57 | (Default MT4) |
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Charting - Drawing Tools (Total) |
18 | (Default MT4) |
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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 | FXCM | Vantage FX |
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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 |
No | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
Yes | No |
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Charting - Indicators / Studies |
60 | (Default MT4) |
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Charting - Draw Trend Lines |
Yes | Yes |
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Charting - Trend Lines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | No |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | FXCM | Vantage FX |
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Daily Market Commentary |
Yes | No |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
Yes | No |
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AutoChartist |
Yes | No |
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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 | No |
| Research | ||
| Winner | check_circle |
Education
| Feature | FXCM | Vantage FX |
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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) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | No |
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Videos - Advanced Trading Videos |
Yes | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | FXCM | Vantage FX |
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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 |
Yes | No |
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AUD/USD |
Yes | Yes |
Overall
| Feature | FXCM | Vantage FX |
| FXCM Review | Vantage FX Review | |
| Overall | ||
| 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 ReviewVantage 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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