AvaTrade vs Vantage - Fees Review included
Which broker is better AvaTrade or Vantage? Our expert assessment conducted according to TU’s own methodology showed that AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 7.16 out of 10. Vantage is one of the top brokers in the financial market with the TU Overall Score of 8.8 out of 10. Find out more about TU Overall Score.
| Feature | AvaTrade | Vantage |
|---|---|---|
Overall |
4.6 |
4.4 |
4.7 |
4.2 |
|
4.4 |
4.6 |
|
4.4 |
4.4 |
|
Investment Instruments |
4.2 |
4.6 |
Platforms and Charting Tools |
4.6 |
4.5 |
Deposit and Withdrawal |
4.7 |
4.4 |
Research |
4.4 |
3.9 |
Education |
4.8 |
4.7 |
Support |
4.6 |
4.1 |
Bonuses |
3.9 |
4.4 |
|
|
|
AvaTrade vs Vantage: Pros and Cons
AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 150 countries. It currently has over 200, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC), the Japanese FSA, and the South African FSCA. AvaTrade holds accreditation by the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, and the British Virgin Islands Financial Services Commission. AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 250 tools to customers.
Vantage FX is an STP broker that has been operating since 2009. Traders can find Forex currency pairs on the company's website, as well as CFDs on American, Australian, and European stocks, commodities, and indices. The company operates under the licenses of four regulators — the UK (FCA), Australia (ASIC), Vanuatu (VFSC), and the Cayman Islands (CIMA). Since its creation, Vantage FX has received 11 prestigious awards.
| AvaTrade | Vantage | |
|---|---|---|
| Overall Pros | Highly regulated broker, licenced on the territory of 5 continents | The broker has licenses from four reputable regulators |
| a wide range of trading instruments | Free trading signals for traders, regardless of the type of trading account | |
| Swap-free account | Fantabulous bonus policy and terms of its affiliate program | |
| Advanced copy trading tools | 3 copy trading platforms support | |
| A lot of educational content | ||
| Low fees | ||
| Optioins trading | ||
| Overall Cons | customer service efficiency and response time | Customers from most countries are forced to cooperate with a branch that has an offshore license |
| There is no ECN account | Limited education and a lack of information on Forex trading | |
| Market maker(dealing desk) type of broker | Snail-paced withdrawal of funds with the requirement to comply with special conditions |
AvaTrade vs Vantage: Safety and Regulation
| Regulated By: | AvaTrade | Vantage |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
Yes |
CySec (Cyprus, EU) |
Yes |
no |
ASIC (Australia) |
Yes |
Yes |
Other Regulators |
Central Bank of Ireland (No.C53877), B.V.I Financial Services Commission, South African Financial Sector Conduct Authority (FSCA No.45984), Japan - Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574), Abu Dhabi Global Markets (ADGM), Israel Securities Authority (No. 514666577) |
Great Britain. The broker operates under the FCA license # 590299; Australia. The company has received ASIC AFSL license # 428901; The Cayman Islands. Vantage FX is regulated by CIMA under license number 1383491; Vanuatu. The broker provides services based on VFSC financial activity permit No. 700271. |
AvaTrade vs Vantage: Trading Conditions
| Trading Conditions | AvaTrade | Vantage |
|---|---|---|
Minimum Deposit |
$100 |
$200 |
Trading Platforms |
MT4, MT5, AvaTradeGo, AvaOptions |
Vantage FX app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1-400 |
1-500 |
Supported Markets |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Currency pairs (44), CFDs on stocks (226), indices (16), and commodities (19) |
Trading assets |
100+ |
400+ |
Trading Accounts |
Standard, Professional account |
Demo, Standard STP, Pro ECN, RAW ECN |
Base Account Currencies |
EUR, USD |
AUD, USD, GBP, EUR, SGD, and CAD |
AvaTrade vs Vantage: Fees
Forex Trading Fees
| Fee | AvaTrade | Vantage |
|---|---|---|
Standard Account EURUSD Average Spread |
0.9 pips |
1.22 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$2 per lot |
ECN Account EUR Average Spread |
Not supported |
0.2 pips |
CFD Trading Fees
| Fee | AvaTrade | Vantage |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread, US Share CFDs - free, UK/EU Share CFDs - 10 EUR per trade, AU share CFDs - $5 per trade |
Non-Trading Fees
| Fee | AvaTrade | Vantage |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
No |
No |
Inactivity Fee |
$50 per quarter after 3 months of inactivity |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
AvaTrade vs Vantage: Trading Assets
| Asset Name | AvaTrade | Vantage |
|---|---|---|
Overall |
1000+ |
400+ |
Forex |
Yes |
yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
No |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
No |
Binary Options |
No |
No |
AvaTrade or Vantage: Investment Programs
| Asset Name | AvaTrade | Vantage |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
Yes |
No |
Other |
Bonds |
No |
Trading Platforms: Vantage or AvaTrade
| AvaTrade | Vantage | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
AvaTradeGo, AvaOptions |
Vantage FX |
Others |
No |
No |
|
|
|
AvaTrade vs Vantage: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AvaTrade | Vantage |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes (not for Australian and EU clients) |
Yes |
Crypto |
No |
No |
AvaTrade vs Vantage: Research
| Research Type | AvaTrade | Vantage |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
No |
AvaTrade vs Vantage: Education
| Education Type | AvaTrade | Vantage |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Vantage vs AvaTrade: Support
| Support Features | AvaTrade | Vantage |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
AvaTrade vs Vantage: Forex Bonuses and Promo
| Promo | AvaTrade | Vantage |
|---|---|---|
Forex Bonus |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
Initial deposit bonus Clients of the broker can receive a bonus upon the first deposit of 50% of the deposit amount. The maximum bonus amount is 20,000 USD. Funds are accrued in the form of trade credits that can be used to conduct transactions, increase margins, etc. |
Affiliate Program |
A trader can receive up to 400 US dollars for inviting friends. |
CPA affiliate program (CellXpert). This affiliate program provides a reward for traders who promote the broker's services. The size of the bonus differs depending on the country from which new traders come. The remuneration levels are as follows: 600 USD for clients from Germany, Denmark, Switzerland, UK, Norway, France, the Netherlands, Sweden, Austria, Ireland, and New Zealand; 400 USD for customers from Hong Kong, Finland, Italy, Portugal, UAE, Kuwait, Qatar, Saudi Arabia, Malaysia, Israel; 300 USD for clients from the Czech Republic, Slovak Republic, Poland, Taiwan, Colombia, Thailand, Mexico, Greece, South Africa; 100 USD for clients from other countries. The referred client is registered in the partner group if two conditions are met: Account replenishment for 500 USD; The trading turnover is at least two trading lots in the first month after registration. |
Other Promos |
Vantage FX encourages active traders by returning them some of the commissions in the form of cashback or rebate. Clients who fund their account in the amount of 10,000 USD and maintain the amount at this level can earn commissions up to 8 USD per lot traded. In addition, such customers can receive gifts from the broker, such as a gift card or iPhone. |
|
|
|
|
Top 5 Reviews on Vantage
-
Comment
Vantage Markets is a low cost trading platform, it is up to the trader to decide how much they want to start their initial investment with. Vantage allows traders to start trading from just 0.01 lot per tra and this is with competitive spreads from 0.1-0.4. It is important to note that spreads can change during a market session. When there is high liquidity spreads can become tighter because there are more buyers and sellers active in the market and this happens more during the London and New York session overlap. Spreads tend to widen during periods of high market volatility which are caused by rapid price movement.
-
Comment
At Vantage, you can trade more than eight major currencies, including the US dollar (USD), British pound (GBP), Euro (EUR), Canadian dollar (CAD), Australian dollar (AUD), Japanese yen (JPY), Swiss franc (CHF), and New Zealand dollar (NZD). And to be successful in trading these major pairs, you must follow the news involving these currencies. The news feed tool on the Vantage trading platform provides traders trading forex on news releases with real time news on different pairs and economic conditions.I keep up with this news, as every day, new economic data is released that forex traders can use to make well-informed trading de
-
Comment
Vantage trading platform is user friendly and includes features that makes it easy to analyze trades. You have different chart candles to chose with over 100 indicators. One of the features I use mostly when analyzing price charts is the company feature. I can use this to compare multiple currency pairs with the selected pair using the charts to follow its movement. Each pair you select introduces its own line in the graph with a different color. Making it easy to identify each of the currency pairs.
-
Comment
I have always liked Vantage Markets, since it is multi-functional and has excellent client service. Here, I increased my capital thanks to adequate asset capitalization and good liquidity. This is exactly what happens with Vantage Markets. If you know how to trade, it’s not a problem to get a decent profit.
-
Comment
I don't think I would recommend trading with Vantage Markets to anyone else. Although I used to advertise it to everyone. But the situation has changed radically. Conditions on the Vantage Markets platform have deteriorated horribly. If previously slippages were very rare, now they occur on almost every trade. And slippages are not a couple of pips, but 20 pips and above. The broker has deteriorated very badly.
Top 5 Reviews on AvaTrade
-
Comment
I decided to test the waters with AvaTrade by using their demo account, and I must say, the experience was quite good. It helped me get familiar with the platform and how trading works. Now, I'm considering transitioning to a real account. However, my final verdict hinges on how smooth the deposit and withdrawal processes are. If these aspects meet my expectations, AvaTrade will definitely earn a 5-star rating from me. Otherwise, it might drop to 3 or 4 stars. Nonetheless, I appreciate the overall experience and commend the team for their efforts.
-
Comment
Been using AvaTrade for a few weeks now, and I'm happy with the support they offer. They have a couple different ways to get help, which is convenient. There's an AI-powered chatbot that can answer basic questions, and you can also contact them via WhatsApp. That's pretty cool for quick inquiries. If you have a more complex issue, you can email their customer support team. They got back to me pretty quickly with a helpful answer when I had a question about withdrawal options. However, it would be even better if you could connect directly with a customer service rep through the chatbot. Right now, it just directs you to email if your question is complex. A live chat option would be nice too, for those times when you need help right away. Overall, AvaTrade's customer support is good, with multiple ways to get help. Just wish there was a more direct way to connect with a rep through the chatbot.
-
Comment
I mostly use AvaTrade for long-term stock investing, not day trading. Their fees seem reasonable for that, and they have a good selection of stocks to choose from. Can't speak for the other features like CFDs or options, but for basic stock investing, AvaTrade seems like a decent option. AvaTrade's mobile app is handy for checking on trades on the go, but it could be smoother. Sometimes it takes a while to load charts and info, which can be frustrating. Also, placing trades on the app feels a bit clunky compared to the desktop platform. Would be nice if they updated the app to be more user-friendly.
-
Comment
While trading with AvaTrade, there was one incident. I opened a trade on the USD/CAD currency pair. The trading was going smoothly, and there were no important news releases. Suddenly, there was a sharp market movement that hit my stop-loss. The movement was 29 pips. Later, everything returned to normal, but I incurred a loss. Over the course of a month, I pursued the review of my claim and the cancellation of the losing trade. The company canceled the losing trade, acknowledging such movement as outside of the market. Overall, with AvaTrade, you can fight for and defend your rights.
-
Comment
I requested a withdrawal from Avatrade at the end of the day and received my funds the next afternoon without delay or difficulty. I was pleasantly surprised by the speed of the transaction, especially considering that some companies delay payments for several months. Moreover, I make good profits from my trades on the Avatrade platform, which works flawlessly.
- Quotex vs AvaTrade
- Deriv vs AvaTrade
- CMTrading vs AvaTrade
- eToro vs AvaTrade
- Pepperstone vs AvaTrade
- Capital.com vs AvaTrade
- AvaTrade vs Spreadex
- AvaTrade vs London Capital Group (LCG)
- AvaTrade vs Tradeview
- AvaTrade vs Trading 212
- AvaTrade vs NAGA
- AvaTrade vs City Index
- AvaTrade vs Swissquote
- AvaTrade vs TeleTrade
- AvaTrade vs IG
- AvaTrade vs Saxo Bank
- AvaTrade vs Dukascopy
- AvaTrade vs WelTrade
- AvaTrade vs CMC Markets
- AvaTrade vs FP Markets
- AvaTrade vs OctaFX
- AvaTrade vs HotForex
- AvaTrade vs TD Ameritrade
- AvaTrade vs FBS
- AvaTrade vs Fusion Markets
- AvaTrade vs XTB
- AvaTrade vs Plus500
- AvaTrade vs Interactive Brokers
- AvaTrade vs Forex.com
- AvaTrade vs Libertex
- AvaTrade vs RoboForex
- MultiBank vs AvaTrade
- IC Markets vs AvaTrade
- Exness vs AvaTrade
- FXTM vs AvaTrade
- Oanda vs AvaTrade
- Tickmill vs AvaTrade
- FxPro vs AvaTrade
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.