Trading 212 vs Vantage - Fees Review included
Which broker is better Trading 212 or Vantage? Our expert assessment conducted according to TU’s own methodology showed that Trading 212 is one of the top brokers in the financial market with the TU Overall Score of 4.89 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 | Trading 212 | Vantage |
|---|---|---|
Overall |
3.9 |
4.4 |
4.5 |
4.2 |
|
3.5 |
4.6 |
|
4.7 |
4.4 |
|
Investment Instruments |
1 |
4.6 |
Platforms and Charting Tools |
2.8 |
4.5 |
Deposit and Withdrawal |
4.1 |
4.4 |
Research |
3.7 |
3.9 |
Education |
3.8 |
4.7 |
Support |
3.9 |
4.1 |
Bonuses |
1 |
4.4 |
|
|
Trading 212 vs Vantage: Pros and Cons
The Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA) and by CySEC in Europe. The broker does not provide data on awards received during the work.
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.
| Trading 212 | Vantage | |
|---|---|---|
| Overall Pros | low level of the minimum deposit | The broker has licenses from four reputable regulators |
| a large selection of trading assets | Free trading signals for traders, regardless of the type of trading account | |
| Big choice of Stocks and ETFs | Fantabulous bonus policy and terms of its affiliate program | |
| UK and EU regulated broker | 3 copy trading platforms support | |
| Overall Cons | lack of investment programs | Customers from most countries are forced to cooperate with a branch that has an offshore license |
| a small number of ways to contact support | Limited education and a lack of information on Forex trading | |
| the company does not hold contests for traders | Snail-paced withdrawal of funds with the requirement to comply with special conditions |
Trading 212 vs Vantage: Safety and Regulation
| Regulated By: | Trading 212 | Vantage |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
Yes |
CySec (Cyprus, EU) |
Yes |
no |
ASIC (Australia) |
No |
Yes |
Other Regulators |
No |
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. |
Trading 212 vs Vantage: Trading Conditions
| Trading Conditions | Trading 212 | Vantage |
|---|---|---|
Minimum Deposit |
£1, €1 |
$200 |
Trading Platforms |
Web platform, a mobile app for iOS and Android |
Vantage FX app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
1:30 (retail clients), 1:500 (Pro clients) |
1-500 |
Supported Markets |
Currency pairs, CFDs on stocks, indices, futures, commodities, ETFs |
Currency pairs (44), CFDs on stocks (226), indices (16), and commodities (19) |
Trading assets |
over 12,000 stocks and ETFs available in the Invest/ISA accounts and over 5,000 leveraged instruments in the CFD account |
400+ |
Trading Accounts |
Trading 212 Invest, Trading 212 CFD, ISA (available for UK clients) |
Demo, Standard STP, Pro ECN, RAW ECN |
Base Account Currencies |
GBP, EUR |
AUD, USD, GBP, EUR, SGD, and CAD |
Trading 212 vs Vantage: Fees
Forex Trading Fees
| Fee | Trading 212 | Vantage |
|---|---|---|
Standard Account EURUSD Average Spread |
2.3 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 | Trading 212 | Vantage |
|---|---|---|
CFD Trading Fee |
Other fees |
Floating spread, US Share CFDs - free, UK/EU Share CFDs - 10 EUR per trade, AU share CFDs - $5 per trade |
Non-Trading Fees
| Fee | Trading 212 | Vantage |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
0,7% if you deposit more than 2000 EUR with debit or credit card |
No |
Withdrawal Fee |
No |
No |
Inactivity Fee |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Trading 212 vs Vantage: Trading Assets
| Asset Name | Trading 212 | Vantage |
|---|---|---|
Overall |
over 12000+ |
400+ |
Forex |
Yes |
yes |
Stocks |
Yes |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes |
No |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes (CFD) |
No |
Binary Options |
No |
No |
Trading 212 or Vantage: Investment Programs
| Asset Name | Trading 212 | Vantage |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Vantage or Trading 212
| Trading 212 | Vantage | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
Trading 212 |
Vantage FX |
Others |
No |
No |
|
|
Trading 212 vs Vantage: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Trading 212 | Vantage |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
No |
No |
Trading 212 vs Vantage: Research
| Research Type | Trading 212 | Vantage |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
Trading 212 vs Vantage: Education
| Education Type | Trading 212 | Vantage |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Vantage vs Trading 212: Support
| Support Features | Trading 212 | Vantage |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
feedback form |
No |
Trading 212 vs Vantage: Forex Bonuses and Promo
| Promo | Trading 212 | Vantage |
|---|---|---|
Forex Bonus |
No |
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 |
Promo offer. It works according to the principle of a standard referral program. A client of the company becomes a partner of a broker, receives an individual referral link and attracts new users to the company. The referrer gets a bonus for each new active trader. Trading 212 provides a tiered referral program that rewards every client and friend they refer with a free share (or a share of the whole share) up to €100/GBP. |
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 Trading 212
-
Comment
I haven’t traded or registered with Trading 212 yet, but I think I should try, since the company is interesting. I am currently studying reviews about this broker. So far nothing bad has happened.
-
Comment
I like trading with trading 212. The conditions are normal. The minimum deposit is really minimal - €1, but it is better to make a normal deposit, you understand. The platform works properly too. I checked the quotes, they correspond to the market. Sometimes, opening and closing of trades is not fast enough, but it is within reasonable time.
-
Comment
I have been trading with Trading 212 for almost 2 years. The broker is not bad and it withdraws money. However, there are some problems: there are requotes and the platform freezes sometimes. But the broker is regulated, which is a plus! I’m currently trading with another company, but I have this one in mind.
-
Comment
Withdrawals and execution are fine at Trading 212. Now I make a profit, but there were different situations. I decided to trade here, as they withdraw money without any problems.
-
Comment
I came to trading 212 a couple of years ago, it’s a worthy company. What I like most is the respectful attitude towards the trader. The support has helped me more than once; the operators regularly advise me on all issues that arise. This helps me a lot in trading.
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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.