This matchup pits FP Markets against Vantage on regulation, pricing, and platform options. The axis of tension centers on cost transparency and tool access.
FP Markets edges ahead of Vantage on overall score, reflecting its higher editorial score and larger instrument base.
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets if you want true ECN pricing from 0.0 pips plus $6 round-turn and access MT4, MT5, and cTrader.
Choose Vantage if…
Choose Vantage if you prefer a low $50 minimum deposit, raw spreads, and MT4/MT5 plus a proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 5 |
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FP Markets | Vantage |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: FP Markets rates 4.5/5 and Vantage rates 4.2/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both FP Markets and Vantage start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Vantage has $50, while FP Markets requires at least $100. This makes Vantage more accessible for traders with limited starting capital.
Both FP Markets and Vantage hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Vantage requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 500:1, while Vantage lists up to 2000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both FP Markets and Vantage charge the same commission of $6 per lot on applicable accounts.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while Vantage supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView. Vantage has exclusive access to Proprietary Web/Mobile and DXtrade.
Vantage is best for safety & regulation due to FCA and CIMA oversight in addition to ASIC.
FP Markets is best for active traders due to true ECN pricing and broad platform access.
Both brokers offer equivalent ECN conditions including raw spread accounts, commissions, and spread levels.
FP Markets wins for platform choice with MT4, MT5, cTrader, TradingView, and IRESS.
Vantage is best for beginners with a $50 minimum deposit and copy trading.
FP Markets leads instrument variety with 10,000 instruments versus 1,000 at Vantage.
Fees & Spreads 30% weight | 4.5 / 5▲ | 4.3 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.1 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2005 | 2009 |
|---|
| Headquarters | Sydney, Australia | Sydney, Australia |
|---|
| Min Deposit | $100 | $50▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot | $6/lot |
|---|
| 0.6 pips | 0.6 pips |
| Max Leverage | 500:1▲ higher | 2,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPOLi | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC | FCA ASIC CIMA |
|---|
| Platforms | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile DXtrade MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Low $50 minimum deposit
Copy trading via Vantage Social
Good educational content and market analysis
ASIC, FCA, and CIMA regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
Cons
Cayman Islands entity used for offshore clients offers fewer protections
Proprietary app is still maturing compared to MT4/MT5
Not available to US residents
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker