Written by ForexBrokers.com
In this head to head comparison of Vantage vs Xtrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2009, Vantage stands out in the online brokerage realm with a high Trust Score of 90, as rated by ForexBrokers.com. This score places Vantage in the highly trusted category, thanks to its two Tier-1 licenses and one Tier-2 license. While Vantage is neither publicly traded nor a bank, it is regarded as a reliable option for traders seeking a secure trading environment.
Xtrade, established in 2003, offers a more moderate level of trust at a Trust Score of 74, which signifies an average risk according to ForexBrokers.com. Unlike Vantage, Xtrade is supported by one Tier-1 license and one Tier-2 license. Similar to Vantage, Xtrade isn’t publicly traded nor operates as a bank, but its regulatory standing suggests it is a reasonable choice for those mindful of investment security.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing Vantage with Xtrade in terms of commissions and fees, Vantage clearly stands out with its diverse account options tailored to different trading needs. Vantage offers a spread-only Standard STP account, along with two commission-based accounts: RAW ECN and PRO ECN. For the Standard account, Vantage lists a typical spread of 1.30 pips on the EUR/USD. If you opt for the RAW ECN account, the average spread drops significantly to 0.15 pips, with a commission of $3 per side, equating to a total of 0.75 pips. The PRO ECN account offers even more competitive pricing, with a commission of only $2 per side, provided you meet specific account eligibility requirements.
Conversely, Xtrade does not offer any spread information, making it difficult for traders to estimate their potential costs accurately. This lack of transparency is a notable downside when compared to Vantage’s clear and comprehensive fee structure. Furthermore, Vantage provides an enticing active trader program offering rebates based on account balance and trading volume, whereas detailed data on similar offerings from Xtrade is absent.
In rankings, Vantage is significantly ahead, receiving 4.5 stars out of 5, placing it at #19 out of 62 on ForexBrokers.com's Commissions and Fees category. In contrast, Xtrade is rated lower, with only 2.5 stars, and is positioned at #62, reflecting its less favorable fee structure. Overall, for traders seeking transparent, competitive pricing, Vantage holds a decisive edge over Xtrade.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $50 | $250 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Both Vantage and Xtrade offer opportunities for trading forex as CFDs, providing access to dynamic currency markets. Vantage takes the lead with a wider array of options, offering 1,000 tradeable symbols compared to Xtrade's 482. When it comes to forex pairs, Vantage once again offers slightly more variety with 61 pairs available, whereas Xtrade provides 56 pairs. However, neither platform offers the chance to invest directly in exchange-traded securities on U.S. or international exchanges, like Apple or Vodafone shares. Additionally, while both allow for trading cryptocurrency derivatives, they don't support buying the actual digital currencies. Vantage distinguishes itself with the added feature of copy trading, which Xtrade lacks.
Despite these differences in investment offerings, both brokers receive an equal rating of 3.5 stars for their range of investments. This parity is reflected in their rankings by ForexBrokers.com, where Xtrade comes in slightly higher at #49, while Vantage follows close behind at #50 out of 62 brokers. These ratings suggest that both brokers have room for growth and improvements in their investment range, making them competitive yet similar choices for traders interested in a broad selection of investment opportunities through CFDs.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 482 |
| Forex Pairs (Total) | 61 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by online brokers Vantage and Xtrade, both provide a free virtual demo account, allowing traders to practice their strategies without financial risk. Each broker also boasts a proprietary platform unique to their service. Vantage stands out by offering a Windows-based desktop download platform, while Xtrade does not. Both platforms feature a web-based trading option, giving users the flexibility of trading via a browser. Additionally, copy trading is available with Vantage, enhancing its appeal to those who wish to mimic successful trades, whereas Xtrade lacks this feature. Furthermore, Vantage supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing advanced trading features, while Xtrade does not support these. Vantage also offers integration with DupliTrade for automated trading, which is not available with Xtrade.
In terms of charting tools, Xtrade offers an impressive 100 drawing tools compared to Vantage's 15, yet both brokers allow the convenience of trading directly from stock charts. Xtrade leads in customization for watch lists with 9 columns, whereas Vantage offers 7. Despite these differences, Vantage scores 4 out of 5 stars for its trading platforms and tools, ranking 21st out of 62 brokers according to ForexBrokers.com. Xtrade earns 3.5 stars, with a lower ranking of 58. This makes Vantage a preferred choice for traders seeking a platform with varied trading options and higher customer satisfaction.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and Xtrade both have iPhone and Android apps to support mobile trading. Vantage clearly edges out Xtrade with some of its features; it offers stock or forex price alerts, while Xtrade does not. Furthermore, Vantage provides users the ability to draw trendlines, view multiple time frames on charts, and auto-save drawings—features absent in Xtrade's app. However, neither platform supports watchlist symbol syncing, which means changes made to watchlists on mobile apps won't reflect on their respective online accounts.
When analyzing technical studies available for charting, Vantage users can explore 30 different studies, while this feature is not applicable to Xtrade users. Additionally, Vantage empowers traders to create watchlists with real-time quotes, a noteworthy advantage over Xtrade’s app. Even with similar ratings for mobile trading apps, with both scoring 4 out of 5 stars, Vantage ranks higher in overall performance, securing the 28th position, whereas Xtrade sits at 53rd, as per ForexBrokers.com. This suggests that traders looking for an advanced and feature-rich mobile trading experience might consider Vantage as their preferred platform.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
Both Vantage and Xtrade provide traders with valuable daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. Vantage, however, stands out by offering advanced research tools such as Autochartist and Trading Central. These tools aid in technical and fundamental analysis, which are crucial for informed trading decisions. While both brokers offer an economic calendar to keep traders updated on global economic events, Vantage goes further by also providing a unique sentiment-based trading tool. This helps traders gauge market sentiment by displaying the ratio of long and short positions across different instruments.
When it comes to research capabilities, Vantage received a higher rating of 4 stars compared to Xtrade's 3.5 stars. This reflects Vantage's broader array of research tools that enhance trading decisions. According to ForexBrokers.com, Vantage is ranked #21 out of 62 brokers for research, showcasing its competitive edge in providing comprehensive market analysis. In contrast, Xtrade's ranking at #52 suggests there’s room for improvement in its research offerings. For traders seeking more in-depth market insights and advanced analysis tools, Vantage presents a more appealing option.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Vantage and Xtrade each offer some valuable content but also have key differences. Both brokers provide a respectable collection of over 10 articles and videos focused on forex and CFDs, making them suitable for beginners starting their trading journey. However, Vantage takes the lead by providing monthly live webinars, granting users access to real-time learning experiences that Xtrade does not currently offer. Moreover, Vantage's webinars are archived and searchable, allowing learners to revisit past sessions at their convenience, a feature absent from Xtrade's offerings. Vantage also excels in providing a comprehensive suite of beginner trading videos and advanced content for seasoned traders, making it more versatile for a wider range of educational needs.
In terms of additional educational tools, both Vantage and Xtrade provide an investor dictionary with definitions for over 50 investing terms. Despite these shared attributes, Vantage's commitment to extensive educational offerings is reflected in its higher rating of four stars compared to Xtrade's 3.5 stars. Furthermore, in the education category ranking by ForexBrokers.com, Vantage shines brighter by securing the 24th position out of 62 brokers, while Xtrade finds itself further down the list at 46th. For those prioritizing education in their trading endeavors, Vantage emerges as the stronger contender with its diverse educational resources and user-friendly features tailored for both novice and experienced traders.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than Xtrade. Vantage finished with an overall rank of #26, while Xtrade finished with an overall rank of #59.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 74 |
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Both Vantage and Xtrade do not offer the ability to buy actual (delivered) cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
When comparing online brokers, Vantage stands out by offering PayPal for deposits and withdrawals, a service Xtrade lacks, while both platforms support Skrill, Visa, Mastercard, and bank wire transactions, although neither provides ACH or SEPA transfer options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Vantage | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | Vantage Review | Xtrade Review |
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| Regulation | Vantage | Xtrade | |
|---|---|---|---|
| Trust Score | 90 | 74 | |
| Year Founded | 2009 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 482 | |
| Forex Pairs (Total) | 61 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Vantage | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $50 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Vantage | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Vantage | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Xtrade | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review | Xtrade Review |
| Overall | Vantage | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | Vantage Review | Xtrade Review |
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