Compare Vantage Markets vs Fortrade
What is Vantage Markets? What is Fortrade ?
Vantage Markets is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares. With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices. Vantage is more than a broker.
Fortrade is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Fortrade also has offices in the UK, Australia, Cyprus, Belarus and Mauritius.
Vantage Markets vs Fortrade Regulation Comparison
Both brokers are regulated by reputable authorities in different jurisdictions. Here is a table that shows their regulatory status:
| Broker | Regulator | License Number |
|---|---|---|
| Vantage Markets | Financial Conduct Authority (FCA), UK | 609970 |
| Vanuatu Financial Services Commission (VFSC) | 700271 | |
| Australian Securities and Investments Commission (ASIC) | 428901 | |
| Fortrade | Investment Industry Regulatory Organization of Canada (IIROC) | BC1148613 |
| Financial Conduct Authority (FCA), UK | 609970 | |
| Australian Securities and Investments Commission (ASIC) | 493520 | |
| Cyprus Securities and Exchange Commission (CySEC) | 385/20 | |
| National Bank of the Republic of Belarus (NBRB) | 193075810 | |
| Financial Services Commission, Mauritius (FSC) | GB21026472 |
Vantage Markets vs Fortrade Trading Assets Comparison
Both brokers offer a wide range of trading assets for CFD trading, including forex, indices, stocks, commodities, ETFs and treasuries. However, the number and variety of assets may differ depending on the account type and platform used. Here is a table that shows the approximate number of assets available for each category:
| Broker | Forex | Indices | Stocks | Commodities | ETFs | Treasuries |
|---|---|---|---|---|---|---|
| Vantage Markets | 40+ | 15+ | 100+ (US, EU, AU) | 20+ (metals, oil, softs) | N/A | N/A |
| Fortrade | 60+ | 20+ | 500+ (US, EU) | 50+ (metals, oil, gas, softs) | 30+ | 4 |
Vantage Markets vs Fortrade Trading Fees Comparison
Both brokers charge spreads and commissions for CFD trading, as well as other fees such as swap rates, inactivity fees and withdrawal fees. The spreads and commissions may vary depending on the account type, platform used and market conditions. Here is a table that shows some examples of typical spreads and commissions for some popular assets:
| Broker | EUR/USD Spread (pips) | US500 Spread (points) | XAU/USD Spread ($) | AAPL Commission (%) |
|---|---|---|---|---|
| Vantage Markets (RAW ECN Account) | From 0.0 + $3 per lot per side | From 0.4 + $3 per lot per side | From $0.05 + $3 per lot per side | From $0 + $6 per lot per side |
| Fortrade (Standard Account) | From 2.0 | From 0.5 | From $0.4 | From $0 + $10 per lot |
Vantage Markets vs Fortrade Account Types Comparison
Both brokers offer different account types to suit different trading needs and preferences. Here is a table that shows some features of their account types:
| Broker / Account Type | Minimum Deposit ($) / Currency Equivalent* | Maximum Leverage** | Trading Platform |
|---|---|---|---|
| Vantage Markets Standard STP Account | 50 / EUR/GBP/AUD/NZD/CAD/SGD/ZAR/JPY/CNY/HKD/CHF/THB/VND/MYR/IDR/KRW/INR/BRL | 500:1 | MT4/MT5/Web/Mobile |
| Vantage Markets RAW ECN Account | 500 / EUR/GBP/AUD/NZD/CAD/SGD/ZAR/JPY/CNY/HKD/CHF/THB/VND/MYR/IDR/KRW/INR/BRL | 500:1 | MT4/MT5/Web/Mobile |
| Vantage Markets Pro ECN Account | 20,000 / EUR/GBP/AUD/NZD/CAD/SGD/ZAR/JPY/CNY/HKD/CHF/THB/VND/MYR/IDR/KRW/INR/BRL | 500:1 | MT4/MT5/Web/Mobile |
| Fortrade Standard Account | 100 / EUR/GBP/AUD/NZD/CAD/USD/RUB/NOK/DKK/ZAR/HUF/CZK/RON/BGN/PLN | 200:1 | Web/Mobile |
| Fortrade Premium Account | 10,000 / EUR/GBP/AUD/NZD/CAD/USD/RUB/NOK/DKK/ZAR/HUF/CZK/RON/BGN/PLN | 200:1 | Web/Mobile |
| Fortrade Platinum Account | 50,000 / EUR/GBP/AUD/NZD/CAD/USD/RUB/NOK/DKK/ZAR/HUF/CZK/RON/BGN/PLN | 200:1 | Web/Mobile |
Vantage Markets vs Fortrade Deposit Options Comparison
Both brokers offer multiple deposit and withdrawal options for their clients, such as bank wire transfer, credit/debit cards, e-wallets and local payment methods. However, the availability and processing time of these options may differ depending on the country of residence, account currency and verification status. Here is a table that shows some examples of deposit and withdrawal options for each broker:
| Broker | Deposit Options | Withdrawal Options |
|---|---|---|
| Vantage Markets | Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-Wallets (Skrill, Neteller, FasaPay, UnionPay, BPay, Poli, Broker to Broker), Local Payment Methods (Ngan Luong, DragonPay, Help2Pay, PayTrust88) | Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-Wallets (Skrill, Neteller, FasaPay, UnionPay), Local Payment Methods (Ngan Luong) |
| Fortrade | Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-Wallets (Skrill, Neteller), Local Payment Methods (Sofort, iDeal, Przelewy24, Giropay) | Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-Wallets (Skrill, Neteller) |
Vantage Markets vs Fortrade Trading Platforms Comparison
Both brokers offer their own proprietary trading platforms as well as the popular MetaTrader 4 platform. However, Vantage Markets also offers the MetaTrader 5 platform which has more advanced features and functionalities.
Vantage Markets vs Fortrade Analytical Tools Comparison
Both brokers provide various analytical tools and resources to help their clients make informed trading decisions. Some of these tools include market news, economic calendar, trading signals, technical analysis, trading calculators and educational materials.
Vantage Markets vs Fortrade . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. Different brokers may suit different traders better. Therefore, you can research and compare the features, benefits and disadvantages of each broker before making a decision. You can also try their demo account to test their platform and services without risking real money. Ultimately, you should choose the broker that best meets your needs and expectations.
