No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between Vantage and E-Global ?
In the table below, you can compare the features of Vantage , E-Global side by side to determine the best fit for your needs.
EURUSD: -0.2
XAUUSD: 1.1
Long: -5.42
Short: 2.42
Long: -30.8
Short: 18.9
EURUSD: -1
XAUUSD: -0.2
Long: -8.18
Short: 1.88
Long: -455.73
Short: 154.27
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of vantage-fx, e-global lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Vantage Review Summary in 10 Points | |
Founded | 2009 |
Headquarters | Sydney, Australia |
Regulation | ASIC, FCA |
Market Instruments | Forex, Indices, Precious Metals, Soft Commodities, Energy, ETFs, Share CFDs, Bonds |
Demo Account | Available |
Leverage | 500:1 |
EUR/USD Spread | From 1.0 pips |
Trading Platforms | MT4, MT5 |
Minimum deposit | $50 |
Customer Support | 24/7 live chat, phone, email |
Vantage is an online forex broker that offers trading services for individuals and institutions around the world. The company was founded in 2009 and is headquartered in Australia, with additional offices in the United Kingdom, Cayman Islands, and China. Vantage provides a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies, and offers multiple trading platforms, such as MetaTrader4 and5. The broker also provides a range of educational resources and customer support services to help traders of all levels make informed trading decisions.
Vantage offers a good selection of trading instruments, competitive spreads, and multiple trading platforms. The broker is also well-regulated and offers a high level of security for client funds.
On the downside, some traders have reported issues with order execution and withdrawals. Additionally, some trading platforms may not be available to all clients based on their country of residence.
Pros | Cons |
• Wide range of trading instruments | • Too many complaints about withdrawals from clients |
• Low minimum deposit requirement | • No Canada, China, Romania, Singapore, the United States clients allowed |
• User-friendly trading platforms | |
• Regulated by multiple top-tier authorities | |
• Negative balance protection for clients |
Note: This table is not exhaustive and there may be other pros and cons of Vantage depending on individual experiences and preferences.
There are many alternative brokers to Vantage depending on the specific needs and preferences of the trader. Some popular options include:
Admiral Markets: An online trading platform offering a range of financial instruments, including forex, stocks, and commodities.
AvaTrade: A regulated forex broker that provides trading services to clients worldwide, with a range of trading platforms and instruments available.
Plus500: An online trading platform that offers CFD trading on various financial instruments, including forex, cryptocurrencies, and stocks, with a user-friendly interface and competitive spreads.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Based on the available information, Vantage appears to be a reliable broker. It is regulated by top-tier authorities including ASIC and the FCA, offers negative balance protection, ensuring clients cannot lose more than their account balance. Vantage also has a range of trading platforms and tools, as well as competitive fees and spreads. However, there have been some negative reviews regarding customer service and the withdrawal process. Overall, it is important for individuals to conduct their own research and due diligence before deciding to use Vantage or any other broker.
Vantage provides a diverse range of trading instruments to cater to the different trading needs of its clients. It offers trading in major, minor, and exotic forex currency pairs, as well as popular indices, such as S&P 500, NASDAQ, and Dow Jones. In addition, Vantage also offers trading in precious metals, including gold and silver, soft commodities, such as coffee, sugar, and wheat, and energy products, including crude oil and natural gas. Clients can also trade Exchange Traded Funds (ETFs), share CFDs, and bonds. With this variety of instruments, traders can diversify their portfolio and capitalize on different market opportunities.
Vantage offers three tiered trading accounts to satisfy different traders trading needs. Standard STP account is for novice traders who want direct market access with no commissions applied. Raw and Pro ECN accounts are designed for experienced traders who pursue high liquidity and ultra-low spreads. To open a Standard STP or Raw ECN account, you need $50, while Pro ECN account is designed for traders with high volume, which requires an account opening amount of $10,000. It also offers unlimited demo accounts.
Vantage offers the maximum trading leverage of up to 500:1, a generous offering, ideal for professionals and scalpers. However, inexperienced traders are advised not to use such a high leverage level in case of heavy fund losses.
When it comes to the core part of the forex trading spread, it varies depending on the account type. The spread in the Standard STP account starts from 1.0 pips with no additional commissions. The spreads in the Raw and Pro ECN accounts start from 0.0 pips, but with additional commissions required, from $3 per lot per side and from $1.5 per lot per side respectively.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Vantage | 1.0 pips | $0 |
Admiral Markets | 0.5 pips | $0 |
AvaTrade | 0.9 pips | $0 |
Plus500 | 0.6 pips | $0 |
Please note that the spread and commission may vary depending on the account type and trading platform used.
Vantage offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful chart types and supports desktop, web, and mobile devices, etc. MT5 offers a full suite of trading needs, including forex, commodities, and indices, with all quotes from liquidity providers at your fingertips. MT5's two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want.
Overall, Vantage's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.
See the trading platform comparison table below:
Broker | Trading Platform |
Vantage | MetaTrader4, MetaTrader5 |
Admiral Markets | MetaTrader4, MetaTrader5, Admiral Markets Web Trader |
AvaTrade | MetaTrader4, AvaTradeGO, AvaOptions, DupliTrade |
Plus500 | Plus500 WebTrader, Plus500 Windows Trader |
Note: The table only includes some of the available trading platforms for each broker.
Vantage offers a range of trading tools to assist traders in making informed trading decisions. These tools include market news and analysis, an economic calendar, sentiment indicators, smart trader tools for the MT4 and MT5 platforms, a range of calculators, Forex VPS, TradingView, trading signals, PRO Trader Tools, and PRO Trader Tutorials. These tools provide traders with comprehensive market insights and analysis to help them identify profitable trading opportunities. Additionally, the PRO Trader Tools offer advanced features such as trade management, sentiment analysis, and correlation matrix, making it an attractive option for professional traders looking for sophisticated trading tools.
Vantage offers several flexible payment options, consisting of Domestic EFT, Domestic Express Transfer (Australia only), International EFT, credit/debit cards of Visa/MasterCard, JCB, China UnionPay, Neteller, Skrill, AstroPay, Broker-to-Broker Transfer, FasaPay, and Thailand Instant Bank Wire Transfer.
Before submitting a withdrawal request, please ensure that the requested amount is equal to or above the minimum required amount for each withdrawal method shown in the table below. Otherwise, you may need to top up your account balance to or above the suggested minimum before withdrawing.
The broker does not charge any internal fees for any deposits and withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party. These fees are not controlled by Vantage, and the user is responsible for the costs incurred.
AUD – Dollars, USD – United States Dollar, EUR – Euro, GBP – British Pound Sterling, NZD – New Zealand Dollar, SGD – Singapore Dollar, JPY – Japanese Yen, CAD – Canadian Dollar
Vantage | Most other | |
Minimum Deposit | $50 | $100 |
To withdraw funds, clients need to log in to their Vantage account and go to the “Withdrawal” section. From there, they can select the withdrawal method and follow the instructions provided. Withdrawal requests are typically processed within one business day, and the time it takes for the funds to reach the client's account depends on the withdrawal method used.
Vantage also charges an inactivity fee of $50 per quarter for accounts that have been inactive for 6 months or more. There are no deposit or withdrawal fees, but clients may incur charges from their payment provider.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
Vantage | Free | Free | $50 per quarter after 6 months of inactivity |
Admiral Markets | Free | Free for one withdrawal per month, fees for additional withdrawals apply | No |
AvaTrade | Free | Free for one withdrawal per month, fees for additional withdrawals apply | $50 per quarter after 3 months of inactivity |
Plus500 | Free | Free | $10 per quarter after 3 months of inactivity (up to $40) |
Note that the withdrawal fees for Vantage and Admiral Markets may vary depending on the withdrawal method chosen. It's important to check with each broker for the most up-to-date information on fees.
Vantage offers customer support 24/7 through various channels such as email, live chat, and phone. They also provide a comprehensive FAQ section on their website to answer common queries. Moreover, they are also some social media platforms, including Twitter, Facebook, Instagram, YouTube and LinkedIn.
Overall, their customer service is efficient and responsive, with quick response times and helpful support agents.
Pros | Cons |
• 24/7 customer support via live chat, email, and phone | • No dedicated account manager for all account types |
• Knowledgeable and helpful customer service representatives | |
• Fast response times to customer inquiries |
Note: These are general observations and experiences may vary depending on individual cases and circumstances.
Vantage provides educational resources to its clients to help them improve their trading skills and knowledge. These educational resources include articles, webinars, and guides that cover various topics such as trading strategies, technical analysis, fundamental analysis, risk management, and more. Vantage also offers a free demo account to clients to practice their trading skills in a risk-free environment. Additionally, Vantage provides market analysis and research to its clients to help them make informed trading decisions.
Overall, Vantage offers a wide range of trading instruments and platforms, with competitive spreads and no commission on trades, making it an attractive option for traders. The broker also provides various educational resources for traders, including webinars and tutorials. However, Vantage's customer service could be improved, as some traders have reported slow response times and have difficulty withdrawing funds. Despite these drawbacks, Vantage has established a strong reputation for reliability, with stringent regulations in place to protect client funds. Overall, Vantage is a choice for traders looking for a reputable broker with a wide range of trading tools and educational resources.
Q 1: | Is Vantage regulated? |
A 1: | Yes. It is regulated by ASIC & FCA. |
Q 2: | At Vantage, are there any regional restrictions for traders? |
A 2: | Yes. It does not offer our services to residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists. |
Q 3: | Does Vantage offer demo accounts? |
A 3: | Yes. It offers unlimited demo accounts. |
Q 4: | Does Vantage offer industry-standard MT4 & MT5? |
A 4: | Yes. It supports MT4 and MT5. |
Q 5: | What is the minimum deposit for Vantage? |
A 5: | The minimum initial deposit to open an account is $50. |
Q 6: | Is Vantage a good broker for beginners? |
A 6: | No. Vantage is not a good choice for beginners. It is regulated well and offers rich tradable instruments with competitive trading conditions on MT4 and MT5 platforms , though too many complaints from their clients saying that they are unable to withdraw. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
E-Global Review Summary in 10 Points | |
Founded | 2016 |
Registered Country/Region | Luxembourg |
Regulation | FSC (suspicious clone) |
Market Instruments | N/A |
Demo Account | N/A |
Leverage | N/A |
EUR/USD Spread | N/A |
Trading Platforms | N/A |
Minimum deposit | N/A |
Customer Support | Phone, email |
E-Global Trade & Finance Luxembourg S.A. was granted its PSF license to act as a broker to customer trades in financial instruments in 2016. The Luxembourg entity was the logical extension of the Groups business to Europe with products such as Forex4you, Trade4you and Share4you.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Global offers a wide range of market instruments, providing potential opportunities for investors. The availability of copy trading and mobile trading may be appealing to those seeking convenience and alternative trading options.
However, there are concerns regarding E-Global's regulatory status, with reports indicating an unregulated and suspicious clone license. Limited information on the website further raise doubts about the credibility and reliability of E-Global as a financial service provider.
Pros | Cons |
• Availability of copy trading and mobile trading | • Suspicious clone FSC license |
• Concerns regarding regulatory status and scam reports | |
• Limited info on the website |
There are many alternative brokers to E-Global depending on the specific needs and preferences of the trader. Some popular options include:
Forex Club - offers a comprehensive range of trading instruments and educational resources, making it a suitable choice for both beginner and experienced traders.
JFD - provides a transparent and customer-centric trading experience, with access to a wide range of markets and advanced trading platforms.
TeleTrade - offers a user-friendly trading environment with competitive spreads and a variety of account types, making it a good option for traders of all levels.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Based on the information provided, E-Global's license from the British Virgin Islands Financial Services Commission (FSC, License No. SIBA/L/12/1027) raises suspicions of being a clone or unauthorized entity. Additionally, the report of a scam and the lack of sufficient information on their website are red flags. Therefore, it is advisable to exercise caution and consider E-Global as potentially unsafe. It is crucial to conduct thorough research and due diligence before engaging with any unregulated or suspicious financial entity to protect your investments and personal information.
E-Global presents itself as a platform that offers real estate and investments on global markets. However, no more specific information is offered.
Global states on their website that they offer copy trading and mobile trading services to their clients. Copy trading typically allows investors to automatically replicate the trades and strategies of experienced traders, enabling them to potentially benefit from their expertise. However, since E-Global does not provide further details about their copy trading service, it is important for potential users to seek more information directly from the company.
Mobile trading, on the other hand, suggests that E-Global provides a platform or app that allows clients to access and manage their trading accounts using their mobile devices. This can offer convenience and flexibility for traders who prefer to monitor and execute trades on the go.
E-Global provides customer service through phone: +352 26 374 964 and email: info@eglobal-group.com, allowing clients to reach out for assistance or inquiries. Additionally, the company address: 53 Boulevard Royal, 2449 Luxembourg – Eich, Luxembourg – Luxemburg listed in Luxembourg provides a physical location for clients to visit or send correspondence if needed.
Pros | Cons |
• Phone & email support | • No 24/7 customer support |
• No live chat support | |
• No social media support | |
• Unclear support hours |
Note: These pros and cons are subjective and may vary depending on the individual's experience with E-Global's customer service.
On our website, you can see that a report of scam. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
In conclusion, E-Global raises significant concerns regarding its regulatory status, with reports suggesting it operates with an unregulated and suspicious clone license. The limited information available on its website, particularly regarding market instruments and trading platforms, adds to the lack of transparency and raises doubts about the company's credibility. Additionally, the absence of clear details on copy trading and mobile trading further hampers its reputation. It is advisable for traders to exercise caution and explore alternative regulated options in the market.
Q 1: | Is E-Global regulated? |
A 1: | No. E-Global British Virgin Islands Financial Services Commission (FSC, License No. SIBA/L/12/1027) license is a suspicious clone. |
Q 2: | Is E-Global a good broker for beginners? |
A 2: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of lack of transparency. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive vantage-fx and e-global are, we first considered common fees for standard accounts. On vantage-fx, the average spread for the EUR/USD currency pair is from 0.0 pips, while on e-global the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
vantage-fx is regulated by ASIC,FCA,CIMA,FSCA,VFSC. e-global is regulated by FSC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
vantage-fx provides trading platform including PRO ECN,RAW ECN,Standard STP and trading variety including 57 Currency pairs 26 Indices 51 ETFs 22 Commodities 800+ Share CFDs. e-global provides trading platform including -- and trading variety including --.