Compare Vantage Markets vs FP Markets
What is Vantage Markets? What is FP Markets ?
- Vantage Markets is an international broker that offers forex and CFD trading on 40+ currency pairs, indices, commodities, shares, bonds and metals. It has been in the market since 2009 and has its headquarters in Sydney, Australia. It accepts traders from almost all countries.
- FP Markets is a global financial technology services broker that provides forex and CFD trading on 60+ currency pairs, indices, commodities, shares, metals and bonds. It has been regulated since 2005 and has also won multiple awards for its trading services. It is regulated by ASIC, CySEC and ESMA.
Vantage Markets vs FP Markets Regulation Comparison
- Vantage Markets is regulated by the Vanuatu Financial Services Commission (VFSC) under the name Vantage International Group Limited (VIG). It also operates under the name Vantage Global Prime Pty Ltd, which is regulated by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services License (AFSL).
- FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) under the name First Prudential Markets Pty Ltd, which holds an Australian Financial Services License (AFSL). It also operates under the name First Prudential Markets Ltd, which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and complies with the European Securities and Markets Authority (ESMA) regulations.
Vantage Markets vs FP Markets Trading Assets Comparison
- Vantage Markets offers access to over 300 trading instruments across forex, indices, commodities, shares, bonds and metals. It has 40+ forex pairs, 19 major global indices, various commodities such as coffee, natural gas and corn, US10YR and UK Long Gilt futures, and gold, oil and silver metals.
- FP Markets offers access to over 10,000 trading instruments across forex, indices, commodities, shares, metals and bonds. It has 60+ forex pairs, more than 10,000 stocks on global exchanges, 19 major global indices, various commodities such as coffee, natural gas and corn, US10YR and UK Long Gilt bonds, and gold, oil and silver metals.
Vantage Markets vs FP Markets Trading Fees Comparison
- Vantage Markets offers competitive spreads from 0.0 pips on its RAW ECN account type, which also charges a commission of $3 per lot per side. It also offers a Standard STP account type with no commission but wider spreads from 1.4 pips. It does not charge any deposit or withdrawal fees.
- FP Markets offers tight spreads from 0.0 pips on its RAW ECN account type, which also charges a commission of $3 per lot per side. It also offers a Standard STP account type with no commission but wider spreads from 1.0 pips. It does not charge any deposit fees but may charge some withdrawal fees depending on the method.
Vantage Markets vs FP Markets Account Types Comparison
- Vantage Markets offers two main account types: Standard STP and RAW ECN. Both accounts have a minimum deposit of $50 and offer leverage up to 500:1 for forex trading. The Standard STP account has no commission but wider spreads from 1.4 pips, while the RAW ECN account has a commission of $3 per lot per side but tighter spreads from 0.0 pips.
- FP Markets offers two main account types: Standard STP and RAW ECN. Both accounts have a minimum deposit of $100 and offer leverage up to 500:1 for forex trading. The Standard STP account has no commission but wider spreads from 1.0 pips, while the RAW ECN account has a commission of $3 per lot per side but tighter spreads from 0.0 pips.
Vantage Markets vs FP Markets Deposit Options Comparison
- Vantage Markets supports various deposit and withdrawal methods such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, POLi Payments and BPAY. It does not charge any fees for deposits or withdrawals but may take up to five business days to process them. The minimum withdrawal amount is $50.
- FP Markets supports various deposit and withdrawal methods such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, POLi Payments and BPAY. It does not charge any fees for deposits but may charge some fees for withdrawals depending on the method. It usually processes withdrawals within one business day. The minimum withdrawal amount is $50.
Vantage Markets vs FP Markets Trading Platforms Comparison
- Vantage Markets offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely used and popular among traders. They offer advanced charting tools, technical indicators, automated trading, market news and analysis. They are available as desktop, web and mobile versions for Windows, Mac, iOS and Android devices.
- FP Markets offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the IRESS platform, which is more suitable for share trading. They also offer advanced charting tools, technical indicators, automated trading, market news and analysis. They are available as desktop, web and mobile versions for Windows, Mac, iOS and Android devices.
Vantage Markets vs FP Markets Analytical Tools Comparison
- Vantage Markets and FP Markets both offer a variety of analytical tools to help traders make their trading decisions. These include economic calendars, market sentiment indicators, forex calculators, VPS services and copy trading services. It also offers educational resources such as webinars, videos, articles, and eBooks
Vantage Markets vs FP Markets . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. However, you can consider several factors when comparing Vantage Markets and FP Markets, such as:
- Regulation: Both brokers are regulated by reputable bodies, but FP Markets has more licenses and is compliant with more jurisdictions than Vantage Markets. This can give you more confidence and protection when trading with FP Markets.
- Trading assets: Both brokers offer a wide range of trading instruments, but FP Markets has a wider range of forex pairs and stocks than Vantage Markets. This can give you more opportunities and variety when trading with FP Markets.
- Trading Fees: Both brokers offer competitive spreads and commissions, but Vantage Markets has a lower minimum deposit and no withdrawal fees compared to FP Markets. This can save you some costs and make it easier for you to start trading with Vantage Markets.
- Trading Platforms: Both brokers offer the popular MT4 and MT5 platforms, but FP Markets also offers the IRESS platform for trading stocks. This can give you more options and features when trading with FP Markets.
- Analytical Tools: Both brokers offer similar analytical tools and educational resources, but Vantage Markets has a market sentiment indicator that FP Markets does not. This can help you gauge the mood of the market and trade accordingly with Vantage Markets.
In the end, the best way to decide which broker is better for you is to experiment for yourself. You can open a free demo account with both brokers and test their services before switching to a real account. You can also read some reviews from other traders and see what they think of each broker.
