| Feature | XM Trading | Vantage Markets |
|---|---|---|
| Company Founded | 2009 | 2009 |
| Headquarters | Cyprus | Australia |
| Supported Base Currencies | USD, EUR, GBP, AUD, JPY, CHF, PLN, ZAR, SGD, HKD | USD, EUR, GBP, AUD, CAD, SGD, NZD, HKD, JPY, CHF |
| Max Number of Open Trades | 200 positions | Unlimited |
| Stop Out Level | 20% | 50% |
| Margin Call Level | 50% | 80% |
| Market News & Analysis | Yes, daily updates and expert insights | Yes, daily updates and trading insights |
| Web Trading Platform | Yes (MT4/MT5 WebTrader) | Yes (MT4/MT5 WebTrader, TradingView integration) |
| One-Click Trading | Yes | Yes |
| Slippage Policy | Minimal slippage, no requotes | Minimal slippage, no requotes |
| Rebate Programs | Yes (Loyalty program with cashback rewards) | Yes (IB rebates and cashback promotions) |
| Swap Rates | Competitive overnight swap rates | Competitive overnight swap rates |
| Cryptocurrency Trading | Yes (via CFDs, including BTC, ETH, LTC, XRP) | Yes (via CFDs, including BTC, ETH, LTC, XRP, ADA, DOT) |
| Fractional Trading | Yes | Yes |
| Index CFDs Available | Yes (S&P 500, Nasdaq 100, Dow Jones, FTSE 100, etc.) | Yes (S&P 500, Nasdaq 100, Dow Jones, FTSE 100, etc.) |
| Commodity CFDs Available | Yes (Gold, Silver, Oil, Natural Gas, Agricultural products) | Yes (Gold, Silver, Oil, Natural Gas, Agricultural products) |
| ETF Trading | No | Yes |
| Stock CFDs Available | Yes (US, UK, European, and Asian markets) | Yes (US, UK, European, and Australian markets) |
| Bond CFDs Available | No | Yes |
| ECN Liquidity Providers | Top-tier banks and liquidity providers | Deep liquidity pool from banks and hedge funds |
| Tick History Data Access | Limited access | Available for professional traders |
| Account Verification Time | 24 hours | 24-48 hours |
| VIP Accounts Available | Yes (by invitation) | Yes (minimum deposit required) |
| Deposit Bonuses | Up to 100% | Up to 50% |
| Algo Trading / Automated Trading | Fully supported via MT4/MT5 | Fully supported via MT4/MT5 |
| Swap-Free Account Eligibility | Available for Islamic traders | Available for Islamic traders |
| Dedicated Account Manager | Yes (for higher-tier accounts) | Yes (for higher-tier accounts) |
| Trading Community / Forum | No | Yes (via Discord, Telegram groups) |
| Local Office Support | Yes, in select countries | Yes, in select countries |
| Spreads on Exotic Pairs | Competitive, but wider than major pairs | Competitive, but wider than major pairs |
| Execution Speed | <1 second | <1 second |
| Tick Chart & Depth of Market (DOM) | Available | Available |
| FIX API Access | No | Yes (for high-volume traders) |
| Custom Trading Tools & Indicators | XM Market Analysis tools | Vantage Smart Trader tools |
| Affiliate CPA Commission | High, up to $25 per lot | High, up to $30 per lot |
| Regulation | Regulated by multiple authorities including ASIC (Australia), CySEC (Cyprus), FCA (UK), BaFin (Germany), CNMV (Spain), FSP (New Zealand), CONSOB (Italy), Belize FSC, ESMA (France) | Regulated by ASIC (Australia), VFSC (Vanuatu), CIMA (Cayman Islands), FCA (UK), FSCA (South Africa) |
| Minimum Deposit | $5 | $200 |
| Maximum Leverage | Up to 1:1000 | Up to 1:500 |
| Spread Type | Variable | Fixed |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Social Trading, Web | MetaTrader 4, MetaTrader 5, WebTrader, CHARTS by TradingView, Mobile Apps |
| Account Types | Demo Account, Segregated Account | Demo Account, Segregated Account, Islamic Account |
| Tradable Instruments | Forex, CFDs on indices, commodities, cryptocurrencies, metals, stocks | Forex, CFDs on stocks, indices, commodities, ETFs, bonds |
| Deposit Methods | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Western Union, CashU, QIWI, iDEAL, SOFORT, FasaPay, giropay, paysafecard, Moneta.Ru, Perfect Money | Bank Wire, Credit Card, BPAY (Australia Only), POLi, Neteller, Skrill, JCB, China UnionPay, FasaPay, Broker to Broker, Crypto, Credit/debit cards, UnionPay, AstroPay, Bank transfer, Perfect Money |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods |
| Fees | No deposit or withdrawal fees; spreads from 0.7 pips on Standard accounts; ECN commission $3.5 per lot per side | No deposit or withdrawal fees; spreads from 0.7 pips on Standard accounts; ECN commission $3.5 per lot per side |
| Inactivity Fee | $10 | $10 |
| Research and Education | Offers news feed, fundamental data, chart analysis, trading ideas, email reports; provides demo accounts, webinars, articles, videos | Offers news feed, trading ideas; provides demo accounts, webinars, articles, videos |
| Customer Support | 24/5 via email, phone, online chat | 24/5 via email, phone, online chat |
| Bonuses and Promotions | Up to $5,000 forex bonus, up to 100% forex deposit bonus; multi-tier affiliate program | 50% welcome bonus up to $20,000; CPA affiliate program; loyalty rewards; free MT4 trading signals; daily forex signals |
| Order Execution | Market Execution, No Requotes, No Order Rejections | Market Execution, No Requotes, No Order Rejections |
| Trading Instruments Available | 1,000+ assets including forex pairs, CFDs on indices, commodities, stocks, and cryptocurrencies | 1,000+ assets including forex pairs, CFDs on indices, commodities, ETFs, and bonds |
| Micro Lot Trading | Yes | Yes |
| Scalping Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Negative Balance Protection | Yes | Yes |
| Copy Trading / Social Trading | Yes (via MetaTrader signals and third-party providers) | Yes (ZuluTrade, Myfxbook AutoTrade, DupliTrade) |
| VPS (Virtual Private Server) Service | Free VPS for active traders meeting minimum volume requirements | Free VPS for active traders meeting minimum volume requirements |
| Deposit Processing Time | Instant for most payment methods | Instant for most payment methods |
| Withdrawal Processing Time | 1–3 business days | 1–3 business days |
| Spreads on Major Pairs (EUR/USD, GBP/USD, USD/JPY, etc.) | Starts from 0.7 pips (Standard Account) and 0.1 pips (Zero Account) | Starts from 0.7 pips (Standard Account) and 0.0 pips (Raw ECN Account) |
| Commission per Lot (ECN Accounts) | $3.5 per lot per side | $3.0 per lot per side |
| Leverage for Professional Traders | Up to 1:1000 (varies by region) | Up to 1:500 (varies by region) |
| Islamic Swap-Free Accounts | Yes | Yes |
| Mobile Trading Apps | Yes (iOS & Android, supports MT4 & MT5) | Yes (iOS & Android, supports MT4 & MT5) |
| Regulatory Protection (Investor Compensation Scheme) | Compensation under CySEC up to €20,000 | No investor compensation scheme under VFSC, but regulated under ASIC |
| Partnership Programs | Multi-tier affiliate program, IB partnerships, loyalty program | CPA program, IB program, revenue sharing, rebate system |
| Trading Competitions | Yes (for demo and live accounts) | Occasionally, depending on region |
| Custom Indicators & Expert Advisors (EAs) | Fully supported | Fully supported |
| Best Suited For | Beginner to advanced traders, those looking for a regulated broker with strong educational resources | Advanced traders, ECN traders, those looking for a broker with high bonuses and cashback programs |
XM Trading offers lower minimum deposits, tighter spreads on majors, and strong regulatory protection, while Vantage Markets provides more trading instruments, FIX API access, and better cashback programs. Both are solid choices but cater to different trader needs.