XM
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74.89% of retail CFD accounts lose money.

Vs.

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

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

Updated Oct 20 2022

Visit

74.89% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

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

Best For
  • Experienced traders looking to trade shares in high volume using their Zero account
  • MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
  • Traders looking to hedge their FX positions (low fees)
  • Social traders looking to connect to popular copying services
  • Traders preferring mobile apps
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
  • ASIC (Australia)
  • VFSC - (Vanuatu)
  • CIMA (Cayman Islands)
The Good
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
  • Low deposit requirements
  • Low non-trading fees
  • Good educational material, news feed and market analysis
  • Great mobile platform
The Bad
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
  • High stock CFD fees
  • Not all instruments are available on every trading platform
  • Doesn’t offer ETFs
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 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 2009
💳 Minimum Deposit Range
$5 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Bank Transfer
  • Debit / Credit Card
  • Cryptocurrency
  • Bitwallet
  • FasaPay
  • Neteller
  • Skrill
  • Union Pay
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR. 9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA.

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.

📊 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
1,382 289
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
1,286 210
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
57 40
📗 Commodities
0 0
📗 Commodities CFDs
15 20
📕 Indices
0 0
📕 Indices CFDs
14 13
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 6
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
10 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions allowed 1 Share
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
Unavailable Unavailable
📉 Minimum FX Trade Size
$100 (0.001 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) Varies per commodity (eg: 1 ounce for gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

None
💰 Deposit Fees
None

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.

💰 Withdrawal Fees
None None
💰 Commissions

Yes on Zero accounts ($7 per lot round turn).

Yes for ECN accounts -from $6 per lot per round turn.

Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $9.4 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Unavailable Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
Yes No