Vantage Vs. FP Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 74.34% 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.	FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.
Best For
Traders looking to hedge their FX positions (low fees) Social traders looking to connect to popular copying services Traders preferring mobile apps	Professional traders looking for DMA pricing on their stocks Professional traders looking to set up a dedicated VPS High volume share traders that benefit from DMA pricing
Licenses
Financial Licenses Regulation Unregulated 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)	ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)
The Good
Low deposit requirements Low non-trading fees Good educational material, news feed and market analysis Great mobile platform	Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares
The Bad
High stock CFD fees Not all instruments are available on every trading platform Doesn’t offer ETFs	No ETFs are offered Stock trading commissions are expensive when compared to similar brokers Website is slow and confusing Fees for the majority of deposit and withdrawal methods
Status
Inactive	Operational
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 document (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	2005
💳 Minimum Deposit Range
$200	$100
💰 Payment Methods
Bank Transfer Debit / Credit Card Cryptocurrency Bitwallet FasaPay Neteller Skrill Union Pay	Visa Mastercard Bank Transfer Paypal Neteller Skrill FasaPay PayTrust China Union Pay Bpay Broker to broker Sticpay Plusdebit Rupee Payments Dragonpay Perfect Money Paylivre Rapyd Finrax Fairpay
💵 Account Base Currencies
9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 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, JP, BE, NZ, SY.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
289	10,403
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
210	10,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	63
📗 Commodities
0	0
📗 Commodities CFDs
20	15
📕 Indices
0	0
📕 Indices CFDs
13	17
📔 ETFs
0	0
📔 ETFs CFDs
0	295
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
6	11
📒 Bonds
0	0
📒 Bonds CFDs
0	2
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Variable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Unavailable	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 - (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 ounce for gold)	Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	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
None	None
💰 Deposit 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.	None
💰 Withdrawal Fees
None	Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.
💰 Commissions
Yes for ECN accounts -from $6 per lot per round turn.	No commission on their Standard Account $3 per side (lot) commission on their RAW Account
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 40 to 60 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Unavailable	Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	Yes
📡 Webinars
No	Yes