Comparison Plus500 vs Vantage FX
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Plus500 vs Vantage FX. Which of them: Plus500 or Vantage FX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. For trading in Forex, the commission fee of Plus500 is from 0.6 pips, while the commission fee of Vantage FX is from 0.0 pips + $3 commission per 1 lot. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.03% and from 0.23 pips for Plus500 and Vantage FX, respectively. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by Plus500 and Forex Trading, Crypto Trading are provided by Vantage FX. Concerning the platforms, Plus500 uses Web Platform, Android App, iOS App, while Vantage FX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. And Vantage FX was founded in 2009 in Australia, and it is regulated by ASIC. We can withdraw funds from Plus500 with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. And Vantage FX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in Plus500 is 1-2 working days, and that one in Vantage FX is 3 - 10 business days.
Overall, Plus500 boasts 4 stars versus Vantage FX 4.9 stars.