Vantage Vs. OvalX - Compare Trustworthiness, Capabilities, Fees and Legitimacy


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.	OvalX (formerly ETX Capital) offers 60 currency pairs and a wide selection of equities for the beginning and experienced investors with no deposit and withdrawal fees.
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 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)	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
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	1965
💳 Minimum Deposit Range
$200	From $100 to $10,000
💰 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
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
289	5,174
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
210	5,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	60
📗 Commodities
0	0
📗 Commodities CFDs
20	17
📕 Indices
0	0
📕 Indices CFDs
13	20
📔 ETFs
0	0
📔 ETFs CFDs
0	19
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
6	5
📒 Bonds
0	0
📒 Bonds CFDs
0	8
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	45
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
Unavailable	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 (eg: 1 ounce for gold)	Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
📉 Minimum Bonds Trade Size
Unavailable	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	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
📺 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	None
💰 Commissions
Yes for ECN accounts -from $6 per lot per round turn.	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 0 to 1.4 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 60 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $13
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Unavailable	Dynamic - From $226.4
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No