Comparison of TradeStation vs Vantage [ 2025 ]

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

Your expert: Alejandro Borja

TradeStation

Your expert: Xavier Tarrasó

Vantage

Main points

Fees

Low 4,2/5

Regulated

FINRA, SEC

Demo account

Yes

Low 4/5

Fees

ASIC, FCA

Regulated

Yes

Demo account

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Buy and hold

Yes

Beginners

Yes

Trading

Passive income

Buy and hold

Comparison of fees

Rating

3.9 – TradeStation charges competitive volume-based fees starting at $2 + 0.65% for small trades. The complex fee structure and $10 monthly inactivity fee are notable drawbacks .

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 4,2/5

Low 4/5

Brief explanation

TradeStation charges competitive fees for cryptocurrency trading, though there are some costs to be aware of. Trading commissions are based on a tiered structure, starting at 0.30% per trade for monthly volumes up to $100,000 and decreasing to 0.20% for volumes above $1 million. This makes TradeStation suitable for both small and large traders. Additionally, there is a spread markup, which is the difference between the bid and ask prices, typically ranging from 0.5% to 1%. The platform also charges an inactivity fee of $50 if there is no trading activity for 12 months, and wire transfer withdrawal fees are $25 for US clients and $35 for international clients. These fees can add up, especially for infrequent traders. Despite these costs, TradeStation’s comprehensive tools and security measures can justify the expenses for those who prioritize advanced trading capabilities and regulatory compliance.

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.

TradeStation

Year Founded: Established in 1982, TradeStation has a long track record of stability and innovation in the brokerage industry.
Security Methods: TradeStation employs robust security measures, including two-factor authentication and encryption, to protect user data and assets.
Regulation and Licensing: TradeStation is regulated by top-tier US authorities such as the SEC and FINRA, ensuring compliance with strict financial standards.
Reputation and Reviews: TradeStation has consistently received positive reviews from users and industry experts for its advanced trading tools and comprehensive platform.
Transparency: As a subsidiary of Monex Group, a publicly listed company, TradeStation maintains a high level of transparency by regularly publishing financial statements and complying with rigorous disclosure requirements.

Vantage

Regulatory Oversight: Vantage operates under the regulation of several reputable financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). This regulatory oversight ensures that Vantage adheres to strict financial and operational standards, providing a secure trading environment for its clients .
Negative Balance Protection: Vantage offers negative balance protection to its clients, ensuring that traders cannot lose more than their deposited amount. This feature adds a layer of security, particularly for those using leverage, by preventing debts that exceed their account balance .
Reputation and Reviews: Over the years, Vantage has built a solid reputation in the trading community. Many users appreciate its transparent fee structure, fast and reliable customer service, and the overall ease of use of its platform. The positive feedback from its users highlights the platform’s reliability and trustworthiness .
Security Methods: Vantage employs advanced security measures to protect client funds and personal information. These include Secure Socket Layer (SSL) encryption, two-factor authentication (2FA), and regular security audits. Such robust security protocols ensure that client data and transactions are safe from unauthorized access and cyber threats .
Volume Managed: Vantage handles significant trading volumes, reflecting its capability to support a large and active user base. High trading volumes often indicate strong liquidity, making it easier for traders to execute large orders without significantly impacting the market price .

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Account Minimum

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Direct link to the website

Product selection

Native token

TradeStation does not have a native token.

Vantage does not have a native token.

Earns

TradeStation does not provide staking or earning options with cryptocurrencies. The platform allows direct trading of certain cryptocurrencies .

Vantage does not have options for earning with cryptocurrencies through staking. It offers trading of crypto CFDs with leverage .

NFT marketplace

TradeStation does not have an NFT marketplace.

Vantage does not have an NFT marketplace.

Cripto/debit card

TradeStation does not have a card for its clients .

Vantage does not provide a card for its clients .

Payment methods

Transfers

Yes, TradeStation accepts bank transfers for both deposits and withdrawals .

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

Mastercard

No, TradeStation does not accept Mastercard for deposits.

Yes, Vantage accepts Mastercard for deposits.

Wire transfer

Wise is not mentioned as a supported payment method .

Card

No, TradeStation does not accept credit/debit cards .

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

Comparative table

TradeStation	Features	Vantage
TradeStation allows for low minimum trades, making it accessible for beginners.	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.
Fees are higher than some competitors, especially for withdrawals.	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.
Only offers Bitcoin, Ethereum, and USD Coin.	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.
Limited to major coins, restricting diversification opportunities.	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.
TradeStation provides clear and detailed information about its services and fees.	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.
TradeStation does not have a card for its clients .	Credit/Debit Card	Vantage does not provide a card for its clients .
Utilizes secure storage solutions with BitGo for crypto 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.
No staking or rewards programs available.	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.
Both platforms are user-friendly and feature-rich, but the mobile app has fewer features.	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.
Customer service is decent but has room for improvement in response times and support quality.	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.
Limited methods and high fees for withdrawals, making it less user-friendly.	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

TradeStation provides a powerful desktop trading platform with customizable sophisticated analysis tools, custom charts, and a detailed order book for crypto trading. They also offer mobile app trading with improved charting capabilities .

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, TradeStation offers a mobile app that includes advanced charting, trading, and analysis tools .

Information on a specific mobile app for Vantage is not explicitly stated in the retrieved documents.

Security

TradeStation is regulated by the SEC and FINRA, providing high investor protection levels. They offer SIPC insurance but do not provide negative balance protection. Their parent company is publicly listed, enhancing transparency.

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

TradeStation offers direct cryptocurrency trading for a limited selection of coins, including Bitcoin, Ethereum, and USD Coin. Their platform includes advanced features like strategy development and technical analysis through the TradeStation Master Class. They also support crypto trading in IRAs and provide competitive volume-based fees. However, their crypto offerings have decreased in recent years .

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

Anonymous accounts are not supported on TradeStation. Personal and financial information along with verification documents are required.

Vantage requires users to provide personal information and verification documents, thus not offering anonymous accounts .

Key points

Available cryptocurrencies

TradeStation offers trading in a few cryptocurrencies. The supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) .

Vantage provides trading in cryptocurrency CFDs, supporting a variety of cryptocurrencies similar to other major brokers .

User-friendliness

TradeStation provides a powerful and intuitive platform for trading cryptocurrencies. The platform is designed to cater to both novice and experienced traders, with a range of tools and features that enhance the trading experience. While the selection of cryptocurrencies is limited, the platform’s overall usability and support make it a solid choice for crypto trading.

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

TradeStation offers good value with competitive volume-based fees and a range of trading tools. Its inactivity fee of $10 per month and the administrative fee for IRAs might be less attractive for occasional traders.

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 States, available to most other countries except restricted regions like North Korea and Sudan .

United Kingdom, Australia, European Union, Cayman Islands, Bahamas .

Best for

TradeStation is suited for experienced traders who value advanced trading tools and direct access to crypto trading. Its detailed order book and professional-grade platform make it ideal for those who want to trade and analyze cryptocurrencies deeply.

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

TradeStation offers a limited selection of cryptocurrencies but provides a powerful trading platform with advanced tools and features. It is suitable for traders who want to integrate crypto trading with other financial products.

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

TradeStation supports deposits and withdrawals primarily via bank transfers. While the process is secure, it can be slower and more expensive compared to other brokers, with fees for wire transfers.

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

Opening an account with TradeStation is fully digital and user-friendly. Users need to provide personal and financial information and submit verification documents. The process usually takes one to two business days for approval.

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?

TradeStation requires KYC verification. Users need to provide personal identification documents and proof of address before they can start trading.

Yes, KYC is required at Vantage. Users need to submit personal identification documents and proof of address to verify their accounts.

Customer Service

TradeStation provides customer support via phone, email, and live chat. The support is available during market hours and is generally responsive, though some users find the service to be slower during peak times.

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

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?

Alejandro Borja

As an expert in the crypto market, I find TradeStation to be a solid platform for those who prioritize security and advanced trading tools. While its cryptocurrency offerings are limited to Bitcoin, Ethereum, and USD Coin, the platform excels in providing a highly regulated environment and robust trading features. TradeStation’s user-friendly interface and comprehensive educational resources make it a suitable choice for both seasoned traders and those looking to gain deeper insights into crypto trading. However, the high withdrawal fees and limited deposit options are areas that could be improved to enhance the overall user experience.

Xavier Tarrasó

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.

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How do we review crypto exchanges?

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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.

Comparison of TradeStation vs Vantage [ 2025 ]

TradeStation

Vantage

Main points

Recommended for

Comparison of fees

Rating

Level

Brief explanation

TradeStation

Vantage

Product selection

Native token

Earns

NFT marketplace

Cripto/debit card

Company information

Full name

Regulation

Year founded

Founder

Payment methods

Transfers

Mastercard

Wire transfer

Card

Comparative table

Key features

Analysis tools

Mobile APP

Security

Additional features

Anonymity

Key points

Available cryptocurrencies

User-friendliness

Value for money

Countries of operation

Best for

Account

Trading

Deposit and withdrawal

Account opening process

KYC required?

Customer Service

Security

Which of these exchanges is for you?

How do we review crypto exchanges?

Risk Disclaimer

More comparatives TradeStation and Vantage