Comparison of Plus500 vs Vantage [ 2025 ]

The best brokers to invest in cryptocurrencies compared by their commissions, cryptos, security and much more. Here is thePlus500 vs Vantage comparison!

Your expert: Alejandro Borja

Plus500

Your expert: Xavier Tarrasó

vantage

Vantage

Main points

Fees

Low 3,7/6

Regulated

FCA, CySEC

Demo account

Yes
Low 4/5

Fees

ASIC, FCA

Regulated

Yes

Demo account

Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

No
Yes

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.0 – Plus500 provides good value with tight spreads and no commission on trades. The inactivity fee after three months and currency conversion fees are potential downsides .
4.2 – Vantage offers tight spreads and no deposit or withdrawal fees, making it a good choice for both new and experienced traders. However, additional fees might apply depending on the payment method used .

Level

Low 3,7/6
Low 4/5

Brief explanation

Plus500’s commission structure is designed to be straightforward, primarily utilizing the market spread. This means that the cost to trade is embedded in the difference between the buy and sell prices, rather than in explicit fees. For example, spreads can vary from 0.02% to 2%, depending on the cryptocurrency and market conditions. While this can be competitive, it may be higher compared to other platforms, especially for less liquid assets. In addition to the spread, Plus500 charges an overnight funding fee, which applies when positions are held open past a certain time. This fee can be either a charge or a credit, depending on the direction of the trade and the current interest rates. Additionally, there is a currency conversion fee for trades conducted in a currency different from the account’s base currency. Plus500 also implements an inactivity fee of up to $10 per month if no login activity occurs for three months, which continues to accrue until the account is active again. Despite these potential costs, Plus500 does not charge for deposits or withdrawals, which is a significant advantage. Users can fund their accounts via various methods including credit/debit cards, bank transfers, and e-wallets like PayPal. This fee structure makes Plus500 accessible and predictable for users, with the primary costs tied to the actual trading activity and specific conditions of the account .
Vantage operates as a CFD broker, and its fee structure is designed to be transparent and competitive. The primary cost for trading cryptocurrency CFDs on Vantage comes from the spread, which is the difference between the bid and ask prices. This spread can vary depending on market conditions and the specific cryptocurrency being traded. Additionally, if you hold a position overnight, an overnight financing fee is applied. This fee is calculated based on the leverage used and the value of the position held overnight . Vantage does not charge any deposit fees, making it cost-effective to fund your trading account. Withdrawals are also generally free, except for international bank withdrawals beyond the first free one each month, which incur a fee of 20 currency units (e.g., $20, €20) . There are no commission fees for trades on standard accounts, but for ECN accounts, a commission of $3 per lot for Raw ECN and $1.5 per lot for Pro ECN is charged . This commission structure is typical for ECN accounts, which offer tighter spreads but involve a per-trade commission. Overall, Vantage provides a competitive fee structure that is advantageous for traders who are mindful of trading costs. The combination of low spreads, no deposit fees, and the absence of most withdrawal fees makes it an attractive option for both new and experienced traders.

Plus500

Vantage

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Product selection

Native token

Plus500 does not have a native token.
Vantage does not have a native token.

Earns

Plus500 does not offer staking or earning options for cryptocurrencies. It focuses on trading crypto CFDs .
Vantage does not have options for earning with cryptocurrencies through staking. It offers trading of crypto CFDs with leverage .

NFT marketplace

Plus500 does not have an NFT marketplace.
Vantage does not have an NFT marketplace.

Cripto/debit card

Plus500 does not offer a card for its clients .
Vantage does not provide a card for its clients .

Company information

Full name

Plus500 Ltd​​.
Vantage Global Prime Pty Ltd​​.

Regulation

FCA (UK), ASIC, CySEC, FMA (New Zealand), FSCA (South Africa), MAS​​.
ASIC, FCA, VFSC​​.

Year founded

2008​​
2009​​

Founder

Alon Gonen, Shimon Sofer, Shlomi Weizmann, Elad Ben-Izhak, Gal Haber, Omer Elazari​​
Unknown (information not readily available)

Payment methods

Transfers

Yes, Plus500 accepts bank transfers for both deposits and withdrawals .
Yes, Vantage accepts bank transfers for both deposits and withdrawals .

Mastercard

Yes, Plus500 accepts Mastercard for deposits​​.
Yes, Vantage accepts Mastercard for deposits​​.

Wire transfer

Wise is not mentioned as a supported payment method .
Wise is not mentioned as a supported payment method .

Card

Yes, Plus500 accepts credit/debit cards .
Information about Vantage’s acceptance of credit/debit cards is not explicitly stated in the retrieved documents.

Comparative table

Plus500 Features Vantage
Firstrade allows low minimum trade amounts, making it accessible for beginners to start investing in cryptocurrencies.
Minimum Trade
Vantage offers a low minimum trade amount, making it accessible for traders of all levels. The platform allows trades from as little as $50, catering to both beginners and those with limited capital.
The platform offers competitive trading fees, although some users might find hidden costs associated with certain transactions.
Trading and Transaction Fees
Vantage has competitive trading fees, but the spread costs can vary depending on market conditions. While the fees are generally low, they can add up, especially for high-frequency traders.
Firstrade supports over 30 cryptocurrencies, providing a good range of options for investors.
Number of Cryptocurrencies
With 34 cryptocurrencies available for trading, Vantage offers a decent selection compared to other CFD brokers. However, the variety is somewhat limited compared to dedicated cryptocurrency exchanges.
While it offers a variety of cryptocurrencies, the number of available trading pairs is somewhat limited compared to other platforms.
Crypto-to-Crypto Trading Pairs
Vantage does not support direct crypto-to-crypto trading pairs. Instead, all trades are conducted as CFDs, which might not suit traders looking for direct cryptocurrency exchanges.
Firstrade’s website is transparent and informative, clearly outlining fees, security measures, and available services.
Website Transparency
Vantage maintains a transparent website with clear information on fees, regulations, and trading conditions. The platform ensures that users have access to necessary information before trading.
Plus500 does not offer a card for its clients .
Credit/Debit Card
Vantage does not provide a card for its clients .
Firstrade lacks a dedicated cryptocurrency wallet, requiring users to use third-party services for storing their digital assets.
Storage Offering
As a CFD broker, Vantage does not offer actual cryptocurrency storage. Traders do not own the underlying assets, so there are no wallet services provided.
The platform currently does not offer staking or reward programs, which can be a downside for users looking to earn passive income.
Staking and Rewards
Vantage does not offer staking or rewards programs for cryptocurrency holdings. This may be a disadvantage for users interested in earning passive income through staking.
Firstrade offers a highly rated mobile app and a robust desktop platform, ensuring a seamless trading experience across devices.
Mobile App and Desktop
Vantage provides a robust mobile app and desktop platform, allowing users to trade on the go. The platforms are user-friendly and feature-rich, enhancing the trading experience.
Firstrade’s customer service is reliable but not available 24/7, which can be an inconvenience for users needing assistance outside business hours.
Customer Service
Vantage offers 24/7 customer support via live chat, phone, and email. However, the live chat service can be slow at times, and the quality of responses may vary.
Firstrade offers a variety of deposit and withdrawal options, although the lack of instant processing for some methods can be a drawback.
Deposit and Withdraw
Vantage offers a variety of deposit and withdrawal methods with quick processing times. However, fees can be high for international bank withdrawals beyond the first free transaction each month.

Key features

Analysis tools

Plus500 offers a WebTrader platform with advanced charting tools and technical indicators. They also provide innovative tools such as +Insights and Traders’ Sentiment for market analysis .
Vantage provides access to the MetaTrader platforms and the TradingView platform, both known for their advanced charting tools and technical analysis capabilities. They also offer Capitalise.ai for algorithmic trading .

Mobile APP

Yes, Plus500 offers a user-friendly mobile app for trading CFDs on cryptocurrencies and other instruments .
Information on a specific mobile app for Vantage is not explicitly stated in the retrieved documents.

Security

Plus500 is regulated by several top-tier authorities, including the FCA and ASIC. They offer negative balance protection for CFD trading and are listed on the London Stock Exchange, enhancing transparency and security​​.
Vantage is regulated by top-tier authorities such as the FCA and ASIC, providing robust investor protection. They offer negative balance protection for clients under these jurisdictions​​.

Additional features

Plus500 is a CFD trading platform offering a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. They provide a user-friendly WebTrader platform and a mobile app with powerful research tools. Plus500 offers competitive spreads and operates under multiple regulations, ensuring a secure trading environment. However, they do not allow the direct purchase of cryptocurrencies, only trading on price movements through CFDs .
Vantage provides access to a variety of cryptocurrency CFDs, including Bitcoin and Ethereum, through the MetaTrader platform. They offer competitive spreads and leverage up to 1:200. Vantage is known for its secure trading environment and extensive educational resources. However, they do not support direct cryptocurrency trading, only CFDs .

Anonymity

Plus500 requires identity and residence verification during the account opening process, so anonymous accounts are not supported .
Vantage requires users to provide personal information and verification documents, thus not offering anonymous accounts .

Key points

Available cryptocurrencies

Plus500 offers trading in cryptocurrency CFDs. The available cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), NEO, Ripple (XRP), IOTA, Stellar (XLM), EOS, Bitcoin Cash (BCH), Cardano (ADA), Tron (TRX), and Monero (XMR)​​.
Vantage provides trading in cryptocurrency CFDs, supporting a variety of cryptocurrencies similar to other major brokers .

User-friendliness

Plus500 is known for its intuitive WebTrader platform, which simplifies the process of trading cryptocurrency CFDs. The platform is designed to be user-friendly, with a clean and minimalist interface that makes it easy to navigate. Plus500’s focus on CFDs means users do not own the underlying assets, which can be a limitation for those looking to hold actual cryptocurrencies .
Vantage provides a straightforward and easy-to-use platform for trading cryptocurrencies. The account opening process is simple, and the platform supports various payment methods. Vantage’s trading environment is designed to be user-friendly, making it accessible to both new and experienced traders .

Value for money

Plus500 offers solid value for money with no deposit or withdrawal fees and a user-friendly platform. Its tight spreads and zero commission on trades are major benefits, although the minimum withdrawal amounts and inactivity fees could be drawbacks​​.
Vantage offers strong value with competitive spreads and no deposit or withdrawal fees. The platform’s leverage options and professional trading tools add further value, making it suitable for both beginners and experienced traders​​.

Countries of operation

United Kingdom, Australia, New Zealand, Singapore, Israel, United Arab Emirates .
United Kingdom, Australia, European Union, Cayman Islands, Bahamas .

Best for

Plus500 is ideal for traders who want a simple and intuitive platform for trading cryptocurrency CFDs without the need to manage actual crypto assets. It’s best for those who prefer a straightforward, user-friendly experience with competitive spreads​​.
Vantage is perfect for traders who want to engage in leveraged crypto CFD trading in a regulated environment. Its quick account opening process and seamless deposit and withdrawal options make it a good choice for both new and experienced traders​​.

Account

Trading

Plus500 supports crypto CFD trading with a user-friendly interface and a variety of cryptocurrencies. It offers leverage and competitive spreads, making it accessible to both new and experienced traders.
Vantage offers a wide range of crypto CFDs with competitive spreads and leverage. The platform is well-regulated and provides a secure trading environment for crypto enthusiasts.

Deposit and withdrawal

Plus500 supports deposits and withdrawals through bank transfers, credit/debit cards, and e-wallets. Transactions are generally processed quickly, though some methods may incur small fees.
Vantage supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. The first international bank withdrawal each month is free, but subsequent withdrawals may incur fees.

Account opening process

The account opening process at Plus500 is quick and fully digital. Users fill out an online form with personal and financial information, and submit verification documents. Accounts are usually approved within one business day.
The account opening process at Vantage is quick and fully digital. Users need to fill out an online form with personal and financial details, and submit verification documents. Accounts are generally approved within one business day.

KYC required?

KYC verification is mandatory at Plus500. Users need to provide identification documents and proof of address during the account opening process.
Yes, KYC is required at Vantage. Users need to submit personal identification documents and proof of address to verify their accounts.

Customer Service

Plus500 offers customer support through live chat and email, but does not provide phone support. The support is available 24/7 and is known for being responsive and efficient, though the lack of phone support can be limiting.
Vantage provides customer support via live chat, email, and phone. The support team is available 24/5 and is generally responsive, though some users report delays in getting complex issues resolved.

Security

Plus500 is regulated by several top-tier authorities, including the FCA and ASIC. They offer negative balance protection for CFD trading and are listed on the London Stock Exchange, enhancing transparency and security​​.
Vantage is regulated by top-tier authorities such as the FCA and ASIC, providing robust investor protection. They offer negative balance protection for clients under these jurisdictions​​.

Which of these exchanges is for you?

As an expert at our website, I find Plus500 to be a robust and user-friendly platform for trading cryptocurrencies. Its intuitive interface makes it ideal for beginners, while its range of available cryptocurrencies ensures that even more experienced traders can find what they need. The lack of commission fees is a significant advantage, allowing users to trade more cost-effectively. However, it’s essential to be mindful of the spreads and potential withdrawal fees. Overall, Plus500 offers a secure and efficient environment for cryptocurrency trading, backed by strong regulatory oversight and advanced security measures.
As an expert from Threenvest, I find Vantage to be a robust option for traders looking to delve into the world of cryptocurrency CFDs. The platform excels in offering a diverse range of 34 crypto CFDs, including major assets like Bitcoin and Ethereum, which cater to both beginner and experienced traders. Its strong regulatory framework under ASIC and VFSC ensures a secure trading environment, further enhanced by features like negative balance protection. While the customer service has areas that need improvement, particularly in live chat responsiveness, the overall user experience is solid. For those who prioritize regulatory security and ease of trading without the complexities of handling actual cryptocurrencies, Vantage is a commendable choice.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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