Vantage
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74-89% of retail CFD accounts lose money.

Vs.

ETX Capital
Visit

73.85% of retail CFD accounts lose money.

Vantage Vs. ETX Capital - Compare and Choose the Right One

Updated May 13 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

73.85% of retail CFD accounts lose money.

Overview

Vantage is a global broker operating since 2009. Initially based in Australia, Vantage is offering trading in forex, stocks, indices, commodities and cryptocurrencies

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

Best For
  • Traders looking to hedge their FX positions (low fees)
  • Social traders looking to connect to popular copying services
  • Traders preferring mobile apps
  • Forex traders for variety of currencies and high net worth equities
  • Traders seeking commission free equities inside their 250 commission-less selection
  • Traders who want to trade commodity futures and bonds 
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • VFSC - (Vanuatu)
  • CIMA (Cayman Islands)
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Low deposit requirements
  • Low non-trading fees
  • Good educational material, news feed and market analysis
  • Great mobile platform
  • Commission-free trades for 250 equities
  • Low minimum deposit to open standard account (100£)
  • Wide selection of commodity futures and bonds
  • Decent educational material for market research, including seminars on indices, commodities and currencies
The Bad
  • High stock CFD fees
  • Not all instruments are available on every trading platform
  • Doesn’t offer ETFs
  • Doesn’t provide live news feed on standard account
  • No ability to purchase real stocks or ETFs (All assets are CFDs)
  • Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
Status
Operational Inactive
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity documents (Passport, ID card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

📍 Year Founded
2009 1965
💳 Minimum Deposit
$, - 200 $, €, £ - 100 (Standard) and 10,000 (Premium)
💰 Payment Methods
  • Bank Transfer
  • Debit / Credit Card
  • Cryptocurrency
  • Bitwallet
  • FasaPay
  • Neteller
  • Skrill
  • Union Pay
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
💵 Account Base Currencies
9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD 3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
AF, AL, AS, AU, BY, BM, BA, BG, BI, CA, CF, CN, HR, CU, ER, GR, GU, IR, IQ, CI, JP, LB, LR, LY, ML, ME, MM, KR, PR, GN, GW, RO, SL, RS, SG, SI, SO, SD, ES, SD, SY, VE, YE US, BE, CN, SG, CH
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices, stocks and cryptocurrencies.

  • CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.
  • 📙 Stocks
    210 5,000 CFDs (250 are commission free)
    📘 Currency Pairs
    40 60
    📗 Commodities
    20 17
    📕 Indices
    13 20
    📔 ETFs
    N/A 19
    💸 Cryptocurrencies
    6 5
    📒 Bonds
    N/A 8
    📓 Options
    N/A N/A
    📗 Futures
    N/A 45
    📝 Notes:
    All of Vantage's assets are CFDs.

    ETX Capital offers CFDs, spread betting and futures.

    Trading Experience
    📈 Minimum Stock Trade Size
    1 Share 1 Share
    📉 Minimum ETFs Trade Size
    N/A 1 ETF
    📈 Minimum Crypto Trade Size
    N/A Varies by Cryptocurrency (Eg: 0.01 BTC)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 lots)
    📈 Minimum Commodities Trade Size

    Varies per commodity, 0.01 (1 ounce) for gold,  0.1 lot (250 Lbs) for copper

    Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
    📉 Minimum Bonds Trade Size
    N/A 1 unit
    📈 Minimum Futures Trade Size
    N/A Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    Yes No
    🎲 Deleveraged Trading
    Yes No
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes
    📱 Android App
    Yes Yes
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    Yes No
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    Yes No
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    Yes Yes
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    Yes Yes
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees

    No for all methods, except the bank transfer. First one is free, subsequent in the same month are charged $20 or equivalent depending on the account currency.

    No
    💰 Commissions
    Yes for ECN accounts -from $6 per lot per round turn

    Yes, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)

    Spreads
    📈 EUR/USD
    Dynamic - From 1.4 pips for Standard account, from 0.0 on ECN accounts Dynamic - From 0.6 Pips
    📉 SP500
    Dynamic - From 30 Pips Dynamic - From 60 Pips
    📈 GOLD
    Dynamic - Average 36 Pips Dynamic - From 60 Pips
    📉 TSLA (Stock CFD)
    Dynamic - Market Spread Dynamic - From $13
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    N/A Dynamic - Eg. $226.4
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes No
    📜 Integrated Newsfeed
    Yes No
    📡 Reuters Feed
    No No