Oanda vs Vantage Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Oanda and Vantage
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 4.3/5 | 4.5/5 |
| Foundation Year | 2001 | 2009 |
| Regulated in Countries | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Oanda Review | Vantage Review |
Oanda is suitable for beginners and experienced traders, thanks to quality analytics and various educational materials.
Broker Vantage is suitable for intermediate and advanced traders looking for diversity in instruments and platforms.
Oanda Review
Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.
With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.
Pros and Cons of Oanda
Pros
- Tight spreads.
- Diverse markets and products.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
Oanda is in the top 10 of the following ratings:
Vantage Review
Vantage broker offers various trading instruments and platforms, making it attractive for multiple traders. The availability of extensive analytical tools and educational materials can benefit novice traders looking to deepen their knowledge.
Vantage could be a good choice for intermediate and advanced traders seeking a variety of trading instruments and platforms.
Pros and Cons of Vantage
Pros
- Wide range of trading assets.
- Diversity of trading platforms.
- Free VPS.
- Extensive analytical tools.
Cons
- There are complaints about the quality of technical support in the reviews.
Vantage is in the top 10 of the following ratings:
Reliability
| Broker | Oanda | Vantage |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2001 | 2009 |
| Regulated in Countries | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Regulators | NFA NFA CFTC CFTC ASIC ASIC CIRO CIRO FCA FCA JFSA JFSA BVIFSC BVIFSC MAS MAS KNF KNF | VFSC VFSC CIMA CIMA ASIC ASIC FCA FCA FSCA FSCA |
Oanda
Oanda demonstrates a high level of reliability, evidenced by licenses from the world's leading regulators.
Vantage
Vantage broker demonstrates high reliability due to strict regulation in different jurisdictions.
Account Opening
| Broker | Oanda | Vantage |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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|
Oanda
Oanda offers a straightforward and structured registration process, ensuring convenience for clients.
Pros
- Clearly structured registration process.
- No minimum deposit, offering flexibility for traders.
Cons
- Additional documents may be required in some cases.
- Document verification can take from 1 to 2 working days.
Vantage
Opening an account with Vantage is quite simple and fast, with clear steps for registration and verification.
Pros
- Simple and fast registration.
- Clear verification requirements.
- Flexible options for minimum deposit.
Account Types
| Broker | Oanda | Vantage |
|---|---|---|
| Account Types | 3/5 | 4.3/5 |
| Trading Accounts |
|
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Oanda
Oanda provides various trading accounts, but some specialized types are missing.
Pros
- Standard accounts are available.
- Demo accounts are offered.
- Swap Free accounts are available for traders following Islamic principles.
Cons
- Cent accounts are missing.
- No fixed spread accounts.
- No investment accounts are available.
Vantage
Vantage offers a variety of accounts, satisfying most traders.
Pros
- Sufficient choice of accounts, including ECN.
- Copy-trading and social trading capabilities.
- Loyalty program for active traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | Oanda | Vantage |
|---|---|---|
| Commissions | 3.5/5 | 4/5 |
| Spread | from 0.5 points | from 0 points |
| Average Spread (EURUSD) | 0.8 | 1.4 |
| Commission per Lot | $3 |
Oanda
Oanda's fees are moderate, making this broker competitive.
Pros
- No fees for deposits and withdrawals.
- Low spreads on major currency pairs.
Cons
- Inactivity fee is charged.
- Swaps may be high for some currency pairs.
Vantage
Vantage's commissions are average in the market with competitive spreads and swaps.
Pros
- No inactivity fee.
- No internal commissions for deposits/withdrawals.
Deposit and Withdrawal
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
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Oanda
Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.
Pros
- The broker does not charge a fee for deposits and withdrawals.
- A wide selection of payment systems is available.
- No restrictions on the amounts of deposits and withdrawals.
Cons
- High commission fees for certain methods by payment systems.
- Withdrawal request processing time may be long.
- Cryptocurrencies are not available as a payment method.
Vantage
Vantage offers flexible funding and withdrawal methods with low commissions, but with some restrictions.
Pros
- Variety of currencies and methods.
- No internal commissions.
- Fast withdrawal process.
Cons
- Restrictions for some countries.
Markets and Products
| Broker | Oanda | Vantage |
|---|---|---|
| Markets and Products | 4.4/5 | 4.6/5 |
| Forex | 48 | 35 |
| Precious Metals | 3 | 3 |
| Energy Carriers | 3 | 2 |
| Soft Commodities | 4 | 3 |
| Indices | 18 | 8 |
| Stocks | 1607 | 51 |
| Cryptocurrency | 18 | - |
| ETF | - | 5 |
Oanda
Oanda offers an extensive set of markets and products, making it a versatile choice for traders of different levels.
Pros
- A wide range of currency pairs.
- A large selection of stocks and indices.
- Access to cryptocurrency trading.
Cons
- Maximum leverage is only up to 1:200.
Vantage
Vantage offers a variety of markets with flexible leverage, but without cryptocurrencies.
Pros
- Wide selection of instruments.
- High leverage up to 1:1000.
- Availability of ETFs and stock CFDs.
Cons
- No cryptocurrencies.
Trading Platforms
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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|
Oanda
Oanda provides high-quality trading platforms with deep functionality and integration with TradingView.
Pros
- Access to classic platforms MT4 and MT5.
- The fxTrade mobile app with integration with MT5.
- Integration with TradingView.
Cons
- No MetaTrader alternatives for desktop devices.
Vantage
Vantage offers a variety of functional trading platforms, meeting the needs of most traders.
Pros
- Wide range of platforms.
- Powerful tools for analysis and trading.
- Convenient mobile application.
Analytics
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
Oanda
The Oanda broker's analytical section offers many tools that help traders make informed decisions.
Vantage
Vantage's analytics provide a wide range of tools suitable for different trading styles.
Pros
- Diversity of tools and services.
- Partnership with Trading Central for signals.
- Integration with MT4 and MT5 through Smart Trader Tools.
Education
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
Oanda
Oanda provides an extensive range of educational resources, catering to new and experienced traders, focusing on leveraged trading.
Pros
- Comprehensive coverage of fundamental and technical analysis.
- Variety of resources including webinars, workshops, and live market analysis.
- Free access to premium content for live account holders.
Cons
- Some advanced topics may not be covered in depth.
Vantage
Vantage's educational materials are diverse and high-quality.
Pros
- Wide range of materials (webinars, articles).
- Suitable for all levels.
- Relevant topics and analytics.
Cons
- Lack of video tutorials and podcasts.
- No personalized training.
Customer Support
| Broker | Oanda | Vantage |
|---|---|---|
| Rating | 5/5 | 3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
YouTube
Instagram
TelegramOanda
Oanda's technical support provides extensive communication options and round-the-clock service, ensuring the professionalism and efficiency of the solutions provided.
Vantage
Vantage's support offers various communication channels, but the service quality is inconsistent.
Pros
- Multiple communication channels.
- Remote support via TeamViewer.
- 24/7 availability.
Cons
- Variable service quality.
- Negative reviews about speed and efficiency.
