Comparison of Vantage vs AvaTrade [ 2024 ]

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

Your expert: Alejandro Borja

Vantage

Your expert: Xavier Tarrasó

AvaTrade

Main points

Fees

Low 4/5

Regulated

ASIC, FCA

Demo account

Yes

Average 3,4/5

Fees

ASIC

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

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 .

4.2 – AvaTrade stands out with no deposit or withdrawal fees and competitive spreads, making it a good option for frequent traders. The only drawback is the inactivity fee .

Level

Low 4/5

Average 3,4/5

Brief explanation

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.

AvaTrade operates with a clear and competitive commission structure, making it an attractive choice for traders looking for cost efficiency. There are no fees for deposits or withdrawals, which is a significant advantage compared to many other platforms. Deposits can be made via credit and debit cards, wire transfers, and e-wallets like Skrill and Neteller, while withdrawals are processed within 1-5 business days, depending on the method used . AvaTrade charges spreads on cryptocurrency trades, with typical spreads being competitive. For example, the spread for Bitcoin against the US dollar (BTC/USD) is around 0.35%, and for Ethereum against the US dollar (ETH/USD), it’s about 0.60%. These spreads are within the industry standard, offering traders cost-effective trading opportunities . However, there are some non-trading fees to be aware of. AvaTrade imposes an inactivity fee of $50 per quarter after three months of inactivity and a $100 administrative fee after 12 months of inactivity. Additionally, overnight financing fees apply to positions held overnight, with rates varying depending on the asset . Despite these non-trading fees, AvaTrade’s overall fee structure is transparent and competitive, making it a favorable platform for active traders looking to minimize their costs.

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 .

AvaTrade

Regulated by Multiple Authorities: AvaTrade is regulated by several top-tier financial authorities, including the Central Bank of Ireland, ASIC in Australia, the Financial Sector Conduct Authority in South Africa, and the Financial Futures Association of Japan. This extensive regulatory oversight ensures a high level of security and compliance with international standards .
Established Track Record: Founded in 2006, AvaTrade has a long-standing presence in the financial industry. This longevity demonstrates the platform's resilience and reliability through various market cycles and financial crises .
Robust Security Measures: AvaTrade employs advanced security protocols to protect client funds and personal information. These measures include negative balance protection and the segregation of client funds from the company’s operational funds, ensuring that your investments are safeguarded against unforeseen events .
Comprehensive Customer Support: AvaTrade offers excellent customer service, available 24/5 via live chat, phone, and email. The support team is multilingual, responsive, and well-equipped to handle a wide range of trading-related queries, ensuring that users can get the help they need promptly .
Transparent Operations: AvaTrade maintains transparency in its operations, providing clear information about its fees, regulatory status, and security measures. This transparency builds trust and allows traders to make informed decisions about their investments

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Account Minimum

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Direct link to the website

Product selection

Native token

Vantage does not have a native token.

AvaTrade does not have a native token.

Earns

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

AvaTrade does not provide earning options like staking for cryptocurrencies. The platform focuses on CFD trading .

NFT marketplace

Vantage does not have an NFT marketplace.

AvaTrade does not have an NFT marketplace.

Cripto/debit card

Vantage does not provide a card for its clients .

AvaTrade does not provide a card for its clients .

Payment methods

Transfers

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

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

Mastercard

Yes, Vantage accepts Mastercard for deposits.

Yes, AvaTrade accepts Mastercard for deposits.

Wire transfer

Wise is not mentioned as a supported payment method .

Card

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

Yes, AvaTrade accepts credit/debit cards .

Comparative table

Vantage	Features	AvaTrade
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.	Minimum Trade	Minimum trade size is accessible, starting from 0.01 lots, making it suitable for beginners.
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.	Trading and Transaction Fees	Competitive spreads, but inactivity and overnight fees can add up .
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.	Number of Cryptocurrencies	Limited selection of 13 cryptocurrencies, including major ones like Bitcoin and Ethereum .
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.	Crypto-to-Crypto Trading Pairs	Offers crypto-to-crypto trading pairs, but the range is limited compared to specialized crypto exchanges .
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.	Website Transparency	The website is clear and informative, with comprehensive details about fees, trading conditions, and regulations .
Vantage does not provide a card for its clients .	Credit/Debit Card	AvaTrade does not provide a card for its clients .
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.	Storage Offering	Does not offer crypto wallets as it only deals in crypto CFDs .
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.	Staking and Rewards	No staking or rewards programs available, which could be a drawback for some users .
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.	Mobile App and Desktop	AvaTradeGO mobile app and desktop platforms like MetaTrader 4/5 provide robust trading features and user-friendly interfaces .
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.	Customer Service	Multilingual customer support available 24/5 via live chat, phone, and email, but not 24/7 .
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.	Deposit and Withdraw	Free deposits and withdrawals with various methods, though withdrawal processing can take up to five days

Key features

Analysis tools

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 .

AvaTrade offers the Guardian Angel risk management tool for MetaTrader 4 and 5, which provides real-time feedback on trading actions. AvaTrade also provides access to a wide range of technical indicators and charting tools within their trading platforms .

Mobile APP

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

Yes, AvaTrade offers the AvaTradeGo mobile app, which is reliable and provides access to all trading tools and account management features .

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.

AvaTrade is regulated by multiple authorities, including the Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC). They provide negative balance protection for retail clients, ensuring investors cannot lose more than their account balance.

Additional features

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 .

AvaTrade is known for its extensive range of CFDs, including cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more. They offer leverage up to 1:2 for EU clients and up to 1:25 for non-EU clients. AvaTrade also features the Guardian Angel tool for risk management, which gives instant feedback and advice tailored to each trader’s actions. Furthermore, they provide competitive spreads and have a variety of trading platforms, including MetaTrader 4 and 5 .

Anonymity

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

Anonymous accounts are not available on AvaTrade. The registration process includes filling out personal information, financial details, and providing proof of identity and residence .

Key points

Available cryptocurrencies

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

AvaTrade provides trading in cryptocurrency CFDs. The supported cryptocurrencies are Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), EOS, NEO, Dash, Chainlink (LINK), Uniswap (UNI), Litecoin (LTC), Stellar (XLM), IOTA (MIOTA), and Ripple (XRP). Additionally, it offers a Crypto10 index.

User-friendliness

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 .

AvaTrade simplifies the crypto trading experience with a quick and fully digital account setup process. Users can start trading within minutes, which is significantly faster compared to traditional crypto exchanges. The platform supports multiple payment methods for deposits and withdrawals, making it convenient for global users. AvaTrade’s intuitive interface and support for various cryptocurrencies make it an excellent choice for beginners .

Value for money

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.

AvaTrade provides a robust value for money with no deposit or withdrawal fees, though it charges an inactivity fee of $50 after three months of inactivity. The spreads on major cryptos are competitive, making it a good option for active traders.

Countries of operation

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

Ireland, Japan, Australia, South Africa, United Arab Emirates, Israel .

Best for

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.

AvaTrade is great for traders who are interested in speculating on the price movements of major cryptocurrencies using CFDs. It’s particularly suitable for those who want to utilize leverage and trade within a highly regulated framework, although the limited number of available cryptocurrencies might be a drawback for some.

Account

Trading

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.

AvaTrade supports crypto CFD trading with a range of popular cryptocurrencies. The platform is well-regulated and offers leverage, providing a secure environment for trading cryptos.

Deposit and withdrawal

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.

AvaTrade supports a variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. The process is generally smooth, but withdrawal times can vary based on the method used.

Account opening process

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.

Opening an account with AvaTrade is simple and fast. Users must complete an online registration form, provide personal information, and upload verification documents. The process is fully digital, and accounts are usually approved within a day.

KYC required?

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

AvaTrade requires KYC verification. Users need to submit identification documents and proof of address before they can start trading.

Customer Service

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.

AvaTrade provides strong customer support through multiple channels including live chat, email, and phone. Their support is available 24/5 and is generally responsive, though some users report occasional 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 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.

Xavier Tarrasó

As a cryptocurrency enthusiast and expert at Threenvest, I highly recommend AvaTrade for its robust regulatory framework and user-friendly trading platforms. AvaTrade’s diverse range of trading instruments and excellent customer support make it a reliable choice for both new and experienced traders. While the selection of cryptocurrencies could be broader, and the inactivity fees lower, the overall security and ease of use make AvaTrade a strong contender in the world of crypto trading.

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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.

Comparison of Vantage vs AvaTrade [ 2024 ]

Vantage

AvaTrade

Main points

Recommended for

Comparison of fees

Rating

Level

Brief explanation

Vantage

AvaTrade

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 Vantage and AvaTrade