Comparison eToro vs Vantage FX
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare eToro vs Vantage FX. Which of them: eToro or Vantage FX a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. For trading in Forex, the commission fee of eToro is from 3 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 2 pips and from 0.23 pips for eToro 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, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Forex Trading, Crypto Trading are provided by Vantage FX. As for platforms, eToro offers Web Platform, Android App, iOS App, while Vantage FX offers 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. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Vantage FX was founded in 2009 in Australia, and it is regulated by ASIC. We can withdraw funds from eToro with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. 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 eToro is within 1 business day, and that one in Vantage FX is 3 - 10 business days.
As a result, the rating of eToro is 4.5 stars versus that of Vantage FX of 4.9 stars.