| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| AvaTrade | $100 Minimum Deposit | MT4, MT5, Web Trader, AvaOptions Trading Platforms | 1000+ Markets To Trade | AvaTrade offers MT4 and MT5, allowing trading with EAs, a user friendly platform and a Vanilla Options trading platform About |
| Vantage | $50 Minimum Deposit | MT4, MT5, ProTrader Trading Platforms | 400+ Markets To Trade | Vantage offers MT4, MT5 and user friendly ProTrader and provides spreads from 0, plus commission About |
AvaTrade vs Vantage Comparison
Each offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms can support both automated and non-automated trading. On MT4 and MT5, traders can use, modify or build automated trading strategies called Expert Advisors (EAs). These will trade on behalf of the trader, executing trades in accordance with the programmed instructions.
AvaTrade has a wider range of markets to trade than Vantage. Both brokers offer user friendly platforms.
Quick comparison
Both are MT4 and MT5 brokers which also offer user friendly platform, while AvaTrade additionally provides an options trading platform.
Minimum deposit and key account features
The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for Vantage is $50.
- AvaTrade offers CFD trading and in the UK, spread betting. AvaTrade provides an Economic Calendar on its web site and Trading Central (which provides analysis). Additionally AvaTrade offers AvaSocial which supports social and copy trading. AvaTrade allows the use of EA trading robots.
- Vantage offers Standard STP, Raw ECN, Islamic and Pro ECN accounts. The STP account has a minimum deposit of $50, the Raw ECN account has a minimum deposit of $50 and the Pro ECN account has a minimum deposit of $10,000. The minimum trade size is 0.01 lots.
- Vantage's Standard STP account does not charge commissions, while the Raw and Pro ECN accounts do charge commissions. All accounts allow scalping. Vantage supports social and copy trading via ZuluTrade, Myfxbook Autotrade, DupliTrade and Vantage Social Trading (on the Vantage mobile app). The Pro ECN account offers lower commission charges and access to Interbank price feeds.
Markets
- AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy and Metals, with 40+ available.
- AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, Bonds, ETFs and Options, with 1000+ available. On AvaOptions, AvaTrade provides 40+ FX Options CFDs.
- Vantage offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 400+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| AvaTrade Broker | MT4, MT5, WebTrader, AvaOptions Trading Platforms | AvaTrade offers MT4, MT5, options trading and social and copy trading Description |
| Vantage Broker | MT4, MT5, ProTrader Trading Platforms | Vantage offers MT4, its successor MT5 and user friendly ProTrader, along with social and copy trading platforms Description |
Cryptocurrency CFDs
- AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, EOS, NEO, IOTA, Dash and Bitcoin Gold CFDs.
- Vantage offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, EOS, NEO, IOTA, Cardano, Polkadot, Binance Coin, Algorand, Solana, Dogecoin, Polygon, Avalanche, Cosmos, Zcash, The Sandbox, SHIB, Tezos, BAT, TRON, Axie Infinity, Curve, Ethereum Classic, Filecoin, 1inch, Loopring, Maker, NEAR Protocol, Harmony, Sushi and Uniswap CFDs.
Spreads and leverage
- AvaTrade and Vantage can offer low Forex spreads without a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge while Vantage can offer Forex spreads from 1.0 without a commission charge.
Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for Vantage (CIMA regulated) is 500:1.
Commission charge
- FXCC does not charge commissions.
- Vantage has a commission charge of $3 per lot per side for ECN trading, except for its Pro ECN account which has a commission charge of $1.5 per lot per side.
Online trading platforms
AvaTrade offers MT4, MT5, a web trader and AvaOptions as well as apps. Vantage provides MT4, MT5, ProTrader and apps.
Why AvaTrade or Vantage ?
Traders wishing to trade EAs on MT4 and MT5 can do so at either broker. Traders who want a user friendly platform can find one at either broker. Traders who want to trade options will find a dedicated options trading platform at AvaTrade. Traders who want to trade EA robots may also do so at either broker.
Comparison summary
- Both offer CFD trading
- In the UK, AvaTrade additionally provides MT4 spread betting
- Each has MT4 and MT5
- Both allow EAs
- On the AvaOptions platform, AvaTrade offers FX Options trading
- Both provide a user friendly web trader
- Vantage offers spreads from 0, plus commission
