FXCM
Vantage FX
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Overview
FXCM was founded in 1999 and is headquartered in United States, while Vantage FX was established in 2008 and is based in Australia. FXCM holds licences including Financial Conduct Authority (FCA), while Vantage FX is regulated by Cayman Islands Monetary Authority (CIMA) among others. FXCM serves 10,000+ clients worldwide; Vantage FX has 10,000+. The minimum deposit is $1 at FXCM and $200 at Vantage FX.
| Feature | FXCM | Vantage FX |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Regulation | Financial Conduct Authority (FCA) | 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 | 1999 | 2008 |
| Country | United States | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXCM and Vantage FX, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Vantage FX). Neither broker charges withdrawal fees. Overall, FXCM scores higher on fees in our assessment.
| Feature | FXCM | Vantage FX |
|---|---|---|
| Min. Deposit | $1 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXCM offers MT4, MT5, cTrader, while Vantage FX supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Vantage FX edges ahead on platform breadth and functionality in our scoring.
| Feature | FXCM | 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, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FXCM and Vantage FX compare. FXCM runs regular live webinars; Vantage FX does not. Both provide video tutorials. FXCM publishes daily market commentary; Vantage FX does not. Both integrate third-party research tools. FXCM maintains an archive of past webinars for on-demand viewing. FXCM scores higher overall in education and research.
| Feature | FXCM | 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. FXCM accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Vantage FX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Vantage FX uniquely supports Skrill and Neteller among the two brokers. Vantage FX scores higher on deposit and withdrawal flexibility.
| Feature | FXCM | Vantage FX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FXCM and Vantage FX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | FXCM | Vantage FX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |