Vantage is a leading online forex broker in Australia that offers different trading services. While other brokers are known for excellent spread, lowest fees, and multiple platforms, Vantage has distinguished itself as the best customer care forex broker. It provides swift transactions with international clients having access to its platform.
Vantage is a solid broker with experience in the industry. It is a regulated broker offering spread from 0.0 pips, over 180 tradable assets and provides a maximum leverage of 1:500, which is among the highest in the industry. However, the minimum deposit allowed is $200.
It is better to read through the Vantage review to see why we rank this broker as one of the top 10 brokers in the forex industry. Find below an overview of the top Vantage alternatives. With this table below, you will see exactly why we have settled for these 10 brokers.
| Vantage Alternatives |
Alternative for: |
Minimum Deposit |
| XTB |
Total number of assets, Unlimited demo account |
$0 |
| Axi |
Low Spread, Spread Betting |
$0 |
| eToro |
Real Crypto&Stock trading, Social-Copy trading |
$200 |
| Naga Markets |
Real Crypto&Stock trading, Social-Copy trading |
$0 |
| Plus500 |
Total number of assets, Unlimited demo account |
$100 |
| IC Markets |
Low spreads, Scalping, Unlimited demo account |
$0 |
| Pepperstone |
Low spread, Scalping |
$0 |
| FP Markets |
Low spread, Total number of assets |
$100 |
| Admiral Markets |
Low spread, Total number of assets |
$100 ($1 Invest Account) |
| HotForex |
Low spreads, Unlimited demo account |
$5 |
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Vantage Minimum Deposit Alternatives
Vantage offers minimum deposits for different account types. For the standard STP account, traders must deposit a minimum of $200, whereas the raw ECN account comes with a minimum of $500. Nevertheless, the Pro ECN account comes with a minimum fee of $20,000 with a commission fee of $2.
There are other Vantage minimum deposit alternatives to consider if you place more focus on deposit. You can check the top 10 low no minimum deposit brokers to find the particular broker of your choice.
| Broker |
Minimum Deposit |
Base Currencies |
| XTB |
$0 |
EUR, GBP, USD |
| Axi |
$0 |
AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Naga |
$0 |
EUR, GBP, PLN, USD, CHF |
| IC Markets |
$0 |
USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, CAD |
| Admiral Markets |
$100 ($1 Invest Account) |
EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON |
| HotForex |
$5 |
USD, EUR, GBP, ZAR, NGN, AED |
Vantage Low Spread Alternatives
Along with other players in the forex industry, Vantage offer spreads for different assets. The standard account doesn’t come with any commission but larger spreads compared to the Raw ECN account. For instance, the spread for the Standard STP account is 1.4 pips for EUR/USD. However, the Raw ECN account attracts a spread starting from 0.1 pips. Here is an alternative to the Top 10 Lowest Spread Forex Brokers with minimum deposit allowed.
Vantage Copy Trading Alternatives
Besides the MetaTrader 4 and 5 platforms, Vantage also offers additional platforms for social copy-trading. Traders can use the auto trading platform to copy trade from professional traders. These platforms include MyFxbook, ZuluTrade, and DupliTrade.
Furthermore, there are other brokers that offer copy trading alternatives. Here is a list of the top 6 copy trading best platforms in the industry.
Choosing Vantage Alternatives: main perks and characteristics
Undoubtedly, Vantage is a force to be reckoned with in the industry as it offers STP/ECN account to traders. These account types have made it easier for new traders to register with Vantage as it allows hedging, scalping, and the use of VPS.
Vantage provides VPS services for traders. Additionally, it offers an unlimited demo account for trading. Therefore, you can use the demo account as long as you want pending when you think you can elevate to a live account. The live account comes with a minimum deposit of $200 with over 120 tradable assets.
Another intriguing feature of Vantage is the low spread it offers traders. It provides options for traders to choose the particular account and spread to use. The three accounts come with different spreads as low as 0.1 pips. Furthermore, it offers copy trading features in partnership with DupliTrade, Myfxbook, and ZuluTrade. We only provide a summary of the characteristics of Vantage, you can take a look at our detailed Vantage review.
What is Vantage missing?
Vantage isn’t exempted from other brokers that have certain features missing. You can check our Top 10 best forex brokers to decide the best broker in the world for your forex trading. Here are a few things missing in our Vantage.
Vantage Alternatives Comparison
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Vantage Alternatives FAQ
What are Vantage’s best alternatives?
XTB is the best alternative to Vantage. We consider this for certain reasons. XTB and Naga Markets are the best for minimum deposits, whereas IC Markets and HotForex are best for low spreads. As for copy trading, eToro takes the lead.
Is Vantage a good broker?
Vantage is a safe broker to trade with being regulated by some of the most respected regulatory bodies such as ASIC, FCA, CIMA. To protect your funds, they will be held in segregated bank accounts and you’ll benefit from negative balance protection.
Is XTB a good broker?
Yes, XTB is a good broker. It is regulated by FCA and CySEC in Europe and by IFSC in international markets. Your capital is protected by negative balance protection and held in segregated bank accounts. UK and EU traders have ICF, a special insurance fund.
