fxcl markets
Vantage FX
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while Vantage FX was established in 2008 and is based in Australia. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while Vantage FX is regulated by Cayman Islands Monetary Authority (CIMA) among others. fxcl markets serves 10,000+ clients worldwide; Vantage FX has 10,000+. The minimum deposit is $250 at fxcl markets and $200 at Vantage FX.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Financial Services Authority (FSA) number 1637 | Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491, VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271), Australian Securities and Investments Commission (ASIC), AFSL no. 428901 |
| Founded | 2006 | 2008 |
| Country | Cayman Islands | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets and Vantage FX, directly affecting your bottom line as a trader. Vantage FX has a lower barrier to entry with a minimum deposit of $200 (vs $250 at fxcl markets). Neither broker charges withdrawal fees. Overall, Vantage FX scores higher on fees in our assessment.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fxcl markets offers MT4, MT5, cTrader, while Vantage FX supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which Vantage FX does not offer. Vantage FX edges ahead on platform breadth and functionality in our scoring.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fxcl markets and Vantage FX compare. fxcl markets runs regular live webinars; Vantage FX does not. Both provide video tutorials. fxcl markets publishes daily market commentary; Vantage FX does not. Both integrate third-party research tools. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Vantage FX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). fxcl markets uniquely supports PayPal among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fxcl markets and Vantage FX offer live chat support. Both provide phone support. Email support is available at both brokers. fxcl markets supports 8 languages and Vantage FX supports 2, giving fxcl markets broader global reach. Both brokers are comparable on support quality.
| Feature | fxcl markets | Vantage FX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |