This contrast overview helps users that battle to choose in between Saxo Bank and Vantage to find the very best online broker for their trading and financial investment requirements. It examines the highlights of the two brokers side by side to assist users compare their solution and make a notified choice.
To assist individuals choose the appropriate broker in between Saxo Bank and Vantage to discover the best-suited platform, below is a list of broker’s advantages and disadvantages, adhered to by a comparison of their primary trading attributes, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, guideline, and client support.
Saxo Bank vs. Vantage: Summary
Saxo Bank is a reputable global brand known for its complete overall offer and exclusive conditions for high volume traders and investors. Users can enjoy cutting edge trading technology paired with a premium interface and great trade execution on mobile and desktop. The Saxo Bank trading platform offers a feature rich trading experience, easy to use interface, competitive margin rates, and trading on over 40,000 financial instruments. This makes them an industry leader in trading assets coverage as an ECN broker.
If you can afford the minimum deposit of $10.000, this is the go to broker for traders and investors at all levels. They combine high-quality in-house research with top-tier third-party providers and a diverse portfolio of investment options.
Investors who are looking to trade in accordance with Sharia Law can open an islamic account. Saxo Bank also offers high quality customer service in Arabic and English language via phone, email or in person at their local office with guaranteed satisfying answers.
Vantage is a forex and CFD broker founded in 2009. It is regulated by two tier-one regulators (the ASIC and the FCA) and therefore considered safe. The broker offers access to 1,000 tradable instruments across various markets including CFD’s on stocks, commodities, and ETFs.
Vantage is a MetaTrader broker offering access to the MT4 and MT5 platforms as web and desktop versions. Both platforms allow a variety of add-ons including Smart Trader and TradingView. Apart from these add-ons Vantage offers access to a free VPS server, a forex sentiment indicator and research tools like Market Buzz, Featured Ideas, and Analyst Views.
Vantage trading fees are industry average. They charge a spread of 1.2 pips (EUR/USD) on the standard account and 0.15 pips (EUR/USD) plus $3 commission on the raw spread account.
Vantage’s customer service is available by email, phone, and live chat in English and Arabic.
Pros
- Industry leading market coverage
- Excellent Trading Features with SaxoTraderGo
- Advanced order type and account protection features
- Intuitive and easy to use mobile trading app
- Great education and research materials
- Competitive fee structure for active traders
Cons
- $10,000 minimum deposit for UAE users
- High time investment to set up
- Only for advanced traders
Pros
- Low minimum deposit ($50)
- True ECN/STP broker
- High leverage up to 1:500
- Free VPS and paper trading account
- MT4/MT5 add-ons and broad range of research tools
- Wide range of social/copy trading platforms
Cons
- Limited to CFD and forex trading
- No proprietary platform
Key features
- 40.000 tradable symbols available (crypto derivatives, forex options and futures)
- Advanced account protection and order types
- Fast execution of trades
- $2.000 minimum deposit
- “Best in class” educational resources
- Great ease of use level combined with advanced features
Key features
- Access to 1,000 tradable symbols
- Various social trading platforms and addons (ZuluTrade, DupliTrade, and MyFXbook Autotrade)
- MT4, MT5, TradingView and Trading Central compatibility
- PRO ECN, RAW ECN, Islamic swap-free, and demo accounts
- Low, competitive spreads from 0.0 pips
Saxo Bank vs. Vantage Comparison
Select up to 3 Brokers
Saxo Bank
69% of retail investor accounts lose money when trading CFDs with this provider.
Vantage
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:20 | 500:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | 0 | |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 1 | 0.1 pips |
Stocks & ETF | 0.08% with $1 min. commission on US stocks | 0.36 pips |
CFD (Gold) | $0.60 | 0.36 pips |
Crypto | 0 | 0 |
Options | $0.75 | 0 |
Conversion Fees | 0,75% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $5000 | $200 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 30.000 | 0 |
ETF & Funds | 5.800 | 0 |
Crypto | 9 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 3.000 | 0 |
Futures | 300 | 0 |
Bonds | 4.200 | 0 |
Forex Instruments | 200 | 44 |
CFD Indices & Funds | 50 | 16 |
CFD Stocks | 19.000 | 226 |
CFD Commodities | 50 | 19 |
CFD Crypto | 0 | 34 |
CFD Bonds | 0 | 0 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
Saxo Bank vs. Vantage Comparison Conclusion
The outcomes of our comparison of Saxo Bank vs. Vantage are involved the table below.
Broker: | Best For: |
Saxo Bank | Premium Trades and CFD Trading |
Vantage | Forex and CFD trading; Great MetaTrader Broker |
Choosing the right selection between Saxo Bank and Vantage can be difficult. Both on-line brokers have resemblances however vary concerning trading tools, systems & applications, policy, deposit & withdrawals, and research study and education. Choosing the very best broker depends on users’ trading & investment goals, individual choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.