Vantage FX vs Alpho

Vantage FX or Alpho – which is better for UK traders 2024? Compare Vantage FX and Alpho in this detailed breakdown of their platforms, features and fees.

Vantage FX vs Alpho Comparison Table 2024
Vantage FX Alpho
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rating full
4.7
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Vantage FX is ranked #15 among CFD brokers. Alpho is ranked #91 among CFD brokers.
Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools. Trade forex and CFDs with rich trading tools and real-time market data.
Pros
  • Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC
  • Vantage has bolstered its algorithmic trading tools for advanced traders with AutoFibo EA identifying reversal opportunities
  • The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side
  • There’s an excellent suite of trading software, including the award-winning platforms MT4 and MT5
  • The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities
  • Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook
  • The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
  • There are no short-term strategy restrictions with hedging and scalping permitted
  • It’s quick and easy to open a live account – taking less than 5 minutes
Cons
  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
  • Unfortunately, cryptos are only available for Australian clients
Awards
  • Best Trade Execution - Global Forex Awards 2023
  • Best CFD Broker Global - Global Brands Magazine 2024
  • Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023
  • Best CFD Trading Platform - Global - International Business Magazine
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, FSCA, VFSC FSA Seychelles
Mobile Apps
iOS & Android Yes
Trading App

Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.

iOS App Rating
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3.6
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Android App Rating
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3.9
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Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • PLN
Commodities
  • Gold
  • Silver
  • Gasoline
  • Copper
  • Palladium
  • Platinum
  • Cocoa
  • Coffee
  • Orange Juice
  • Cotton
  • Sugar
  • Wheat
  • Oil
  • Natural Gas
  • Gold
  • Silver
CFD
Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience. Access a range of markets with online CFDs.
Leverage
1:500 1:500
FTSE Spread
1.0 5
GBPUSD Spread<
0.5 3
Oil Spread
0.01 0.09
Stocks Spread
0.01 Variable
Forex
Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges. Trade the most liquid & volatile forex pairs.
Assets
55+ 60+
GBPUSD Spread
0.5 3
EURUSD Spread
0.0 3
EURGBP Spread
0.5 4
Currency Indices
  • USD
Vantage FX Alpho
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