Written by ForexBrokers.com
In this head to head comparison of Vantage vs Xtrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2009, Vantage stands out in the online brokerage realm with a high Trust Score of 90, as rated by ForexBrokers.com. This score places Vantage in the highly trusted category, thanks to its two Tier-1 licenses and one Tier-2 license. While Vantage is neither publicly traded nor a bank, it is regarded as a reliable option for traders seeking a secure trading environment.
Xtrade, established in 2003, offers a more moderate level of trust at a Trust Score of 74, which signifies an average risk according to ForexBrokers.com. Unlike Vantage, Xtrade is supported by one Tier-1 license and one Tier-2 license. Similar to Vantage, Xtrade isn’t publicly traded nor operates as a bank, but its regulatory standing suggests it is a reasonable choice for those mindful of investment security.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Vantage provides three account options for traders: the spread-only Standard STP account, and the commission-based RAW ECN and PRO ECN accounts. The Standard account has typical spreads of 1.30 pips for EUR/USD, while the RAW account features average spreads of 0.15 pips, plus a $3 commission per side, totaling 0.75 pips for standard trades. The PRO account offers competitive pricing with just a $2 commission per side, making it an attractive choice for those who can meet the account's varying qualifications. Although Vantage’s pricing aligns with industry standards, it doesn’t quite match the competitive rates of leading brokers like Saxo, IG, and CMC Markets. Vantage earns a 4.5-star rating for commissions and fees and ranks 19th among 63 brokers according to ForexBrokers.com.
In contrast, Xtrade does not provide average spread data for its accounts, making it difficult for traders to assess the value of its offerings without firsthand experience. With a lack of transparency in spread information, Xtrade might not be the first choice for those prioritizing clear and competitive cost structures. When compared to Vantage, Xtrade lags significantly behind in terms of pricing transparency and client appeal, scoring only 2.5 stars and ranking 63rd out of 63 brokers in the Commissions and Fees category as evaluated by ForexBrokers.com.
Overall, Vantage is the more favorable option for traders looking for a clearer and more competitive fee structure. Its varied account options cater to different types of traders, from those seeking lower spreads to those preferring lower commissions. Xtrade's lack of spread data diminishes its appeal, impacting its placement at the bottom of broker rankings. For those considering cost competitiveness and flexibility in account offerings, Vantage stands out as the better choice between the two, evidenced by its higher ratings and rankings.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $50 | $250 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at Vantage and Xtrade, both platforms offer forex trading as a Contract for Difference (CFD). Vantage stands out with a larger selection of tradeable symbols, providing investors with 1000 options compared to the 482 available at Xtrade. For those specifically interested in forex pairs, Vantage also inches ahead, offering 61 pairs against Xtrade's 56. However, neither platform allows the trading of U.S. or international exchange-traded securities, such as shares from Apple or Vodafone, outside the realm of CFDs. In terms of trading options, Vantage provides the option for copy trading, a feature that Xtrade does not offer.
Both Vantage and Xtrade support investments in cryptocurrency derivatives but do not facilitate the direct purchase of cryptocurrencies. When viewed from a broader perspective, both brokers receive a rating of 3.5 stars for their range of investments. Vantage is ranked 50th out of 63 brokers, while Xtrade holds the slightly better position at 49th, according to ForexBrokers.com. These ratings suggest that while both platforms offer a range of investment options, there are many other brokers providing a wider variety of investment opportunities.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 482 |
| Forex Pairs (Total) | 61 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Vantage and Xtrade, both brokers provide simulated trading with free demo accounts, making them accessible for beginners. Vantage boasts a proprietary platform alongside the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering options for seasoned traders. Xtrade, on the other hand, provides its proprietary platform but lacks the MetaTrader suite. While both brokers offer web-based trading platforms, Vantage also provides a Windows-based desktop download, catering to those who prefer traditional setups. In addition, Vantage supports copy trading and DupliTrade, which could appeal to traders looking to mirror strategies, though ZuluTrade is not available with either broker.
Charting capabilities differ significantly between Vantage and Xtrade. Vantage provides 15 drawing tools, whereas Xtrade offers a wider selection with 100 drawing tools. Both platforms enable trading directly from stock charts, enhancing user interaction and decision-making. When it comes to watch lists, Xtrade allows nine columns compared to Vantage's seven, giving Xtrade an edge in customizability. Despite these differences, Vantage edges ahead in overall ratings, earning 4 stars against Xtrade’s 3.5. When ranked among 63 brokers by ForexBrokers.com, Vantage claims the 21st spot, whereas Xtrade lags in 58th place, hinting at a broader range of available features and functionality with Vantage’s platforms.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Vantage and Xtrade, both cater to iPhone and Android users, ensuring broad accessibility for traders on the go. Vantage stands out with its diverse set of features, including stock and forex price alerts and the ability to draw trendlines on charts. It offers 30 technical studies for in-depth chart analysis and supports viewing multiple timeframes such as daily and weekly, with the convenience of auto-saving chart drawings. While Xtrade lacks several of these features, both apps are designed for user convenience, although Vantage provides a more comprehensive toolkit for technical traders.
Vantage allows users to create watchlists with real-time quotes, but neither Vantage nor Xtrade support syncing watchlist symbols between mobile apps and online accounts. Despite these differences, both apps have received a solid four-star rating for their mobile trading capabilities. However, Vantage ranks higher for mobile trading by ForexBrokers.com, coming in at #28, compared to Xtrade, which is ranked at #53, indicating a preference for Vantage among users seeking advanced trading features.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Vantage and Xtrade both offer daily market commentary and access to forex news from respected sources like Bloomberg and Reuters. However, Vantage distinguishes itself by providing advanced technical analysis tools from Autochartist and Trading Central, while Xtrade lacks these specific tools. Moreover, Vantage offers a sentiment-based trading tool that gives traders insights into market trends, a feature not available with Xtrade. Both brokers provide an economic calendar to keep traders updated on global events, catering to those who want to stay informed about financial news that could affect trading strategies.
In terms of overall research quality, Vantage outshines Xtrade with a rating of four stars compared to Xtrade's 3.5 stars. This is further reflected in their respective rankings by ForexBrokers.com, where Vantage is positioned at 21 out of 63 brokers, and Xtrade is ranked at 52. While both platforms offer some useful tools for market research, Vantage's more comprehensive offerings make it a stronger choice for traders seeking more in-depth analysis and insights.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources that Vantage and Xtrade offer to beginners, you'll notice a few key differences that could influence a new trader's decision. Both platforms provide a minimum of 10 educational pieces focused on forex or CFDs, ensuring users have access to valuable foundational learning materials. However, if you prefer real-time learning experiences, Vantage stands out by offering monthly online educational webinars—a feature Xtrade does not currently provide. In addition, Vantage offers a searchable archive of past webinars, giving beginners the flexibility to learn at their own pace, a benefit not available with Xtrade.
For those just starting, Vantage offers a well-rounded educational package, including more than 10 beginner-focused videos and an investor dictionary with over 50 terms. Xtrade provides a comparable dictionary, but falls short in offering beginner-specific video content. Advanced traders will also find Vantage more appealing, as it offers over 10 advanced educational videos. These distinctions contribute to Vantage's higher educational rating of 4 stars, compared to Xtrade's 3.5 stars. In a ranking of 63 brokers by ForexBrokers.com, Vantage comes in at 24th for education, while Xtrade trails behind at 46th, highlighting Vantage's more comprehensive approach to trader education.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Vantage is better than Xtrade. Vantage finished with an overall rank of #26, while Xtrade finished with an overall rank of #60.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 74 |
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Both Vantage and Xtrade do not offer the ability to buy actual (delivered) cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
When comparing online brokers, Vantage stands out by offering PayPal for deposits and withdrawals, a service Xtrade lacks, while both platforms support Skrill, Visa, Mastercard, and bank wire transactions, although neither provides ACH or SEPA transfer options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Vantage | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | Vantage Review | Xtrade Review |
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| Regulation | Vantage | Xtrade | |
|---|---|---|---|
| Trust Score | 90 | 74 | |
| Year Founded | 2009 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 482 | |
| Forex Pairs (Total) | 61 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Vantage | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $50 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Vantage | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Vantage | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Xtrade | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review | Xtrade Review |
| Overall | Vantage | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | Vantage Review | Xtrade Review |
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