Vantage FX vs Saxo Markets, 2024 Update
Read our In-Depth Vantage FX vs Saxo Markets Review - 2024 Update
Our comprehensive analysis of Vantage FX and Saxo Markets has been updated to reflect any changes for 2024 from knowledgeable insiders with extensive expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Vantage FX vs Saxo Markets does not apply to all countries as follows:
Vantage FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Saxo Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Vantage FX vs Saxo Markets
Every trading platforms has some advantages and disadvantages, and any comprehensive analysis of Vantage FX vs Saxo Markets cannnot be regarded as thorough without having a fair assessment.
Assess Saxo Markets and Vantage FX in order to understand how these platforms stack up with each other prior to you decide to open an account. Performing a comprehensive comparison will bring aspects in perspective to ensure that you are cognizant of what you should anticipate.
So you are looking for a broker and are choosing between Vantage FX or Saxo Markets. Which one is best in 2024?
Our Vantage FX vs Saxo Markets comparison contains the most recent information so you can easily compare Saxo Markets against Vantage FX.
If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will acquire adept at all the concepts of brokerage since you keep trading. For starters, you need to select the right broker who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. Vantage FX and Saxo Markets are two such platforms which will take you along with your investment to great heights. It's important to compare Vantage FX vs Saxo Markets until you trust them with your cash.
Our Vantage FX vs Saxo Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Vantage FX and Saxo Markets side by side.
Our entire Vantage FX vs Saxo Markets Review covers all you need to know about trading with either Vantage FX or Saxo Markets. A good agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all agents will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Vantage FX and Saxo Markets are both brokers that have forged their way successfully into the broker world. Within this review, we have attempted to collate a number of the important aspects of both Vantage FX and Saxo Markets. This review will allow you to know whether either Saxo Markets or Vantage FX is a good fit for your own investments or not. We've attempted to breakdown all the features and fees for your advantage.
Benefits of Vantage FX and Saxo Markets Compared
Vantage FX has a minimum deposit of $200 while Saxo Markets has a $6500 minimum deposit.
Why smaller minimum deposits are good and how Vantage FX and Saxo Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Vantage FX has around 247 financial instruments whilst Saxo Markets allows you to trade around 247 on their platform.
The more instruments you can trade on the Vantage FX and Saxo Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Vantage FX or Saxo Markets.
Vantage FX and Saxo Markets Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. Vantage FX and Saxo Markets have the following contact details and social medias that you can use.
Broker | Vantage FX | Saxo Markets |
---|---|---|
Telephone Number | +61 1300 945 517 | |
support@vantagemarkets.com | ||
Address | Level 29, 31 Market Street Sydney, NSW, Australia 2000 | |
Vantage FX Twitter Account | Saxo Markets Twitter Account | |
Vantage FX Facebook Page | Saxo Markets Facebook Page | |
Vantage FX Instagram Account | Saxo Markets Instagram Account | |
Vantage FX LinkedIn Page | Saxo Markets LinkedIn Page | |
YouTube | Vantage FX YouTube Channel | Saxo Markets YouTube Channel |
Find Out More |
|
|
Saxo Markets and Vantage FX Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Vantage FX and Saxo Markets will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Vantage FX vs Saxo Markets - Awards
Broker | Vantage FX | Saxo Markets |
---|---|---|
Awards |
Vantage FX have won several industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for Vantage FX below.
|
At the time of writing this Saxo Markets review, and despite Saxo Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
Vantage FX vs Saxo Markets - Frequently Asked Questions
Vantage FX vs Saxo Markets - Headquarters And Year Of Founding
Vantage FX was founded in 2008 and has its head office in Australia.
Saxo Markets was founded in 2012 and has its head office in Denmark.
What is the minimum deposit for Saxo Markets or Vantage FX
The minimum deposit for Vantage FX is $200.
The minimum deposit for Saxo Markets is $6500.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Vantage FX and Saxo Markets are a good option.
Vantage FX vs Saxo Markets - Regulation And Licencing In More Detail
Vantage FX is regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491, VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271), Australian Securities and Investments Commission (ASIC), AFSL no. 428901.
Saxo Markets is regulated by Financial Conduct Authority (FCA).
Both Vantage FX and Saxo Markets have a strong collection of rules for ensuring fair trading on their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Vantage FX vs Saxo Markets Commission And Fees
Vantage FX and Saxo Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you're paying a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They're billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither Vantage FX or Saxo Markets charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees charged by Vantage FX and Saxo Markets are relatively higher. As a result, you are charged more for non-trading activities in your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This Vantage FX vs Saxo Markets review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Vantage FX And Saxo Markets
What Languages Do Vantage FX And Saxo Markets Support?
Being able to communicate easily with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find the languages that both Vantage FX and Saxo Markets offer communication in.
How Many Clients Do Vantage FX and Saxo Markets Have?
Both Vantage FX and Saxo Markets are well known and trusted. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients Vantage FX and Saxo Markets are working with
What Payment Methods Do Vantage FX and Saxo Markets Accept?
Vantage FX and Saxo Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Vantage FX and Saxo Markets
What Can You Trade With Vantage FX and Saxo Markets?
Vantage FX offers 247 trading instruments and Saxo Markets offers 100.
Below you will find a full breakdown of what both Vantage FX and Saxo Markets offer.
Vantage FX Review
Vantage FX vs Saxo Markets:
Table Of Contents
- Compare Vantage FX vs Saxo Markets
- Benefits of Vantage FX and Saxo Markets Compared
- Saxo Markets and Vantage FX Mobile App Comparison
- Vantage FX vs Saxo Markets - Awards
- Vantage FX vs Saxo Markets - Frequently Asked Questions
- What is the minimum deposit for Saxo Markets or Vantage FX
- Vantage FX vs Saxo Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Vantage FX And Saxo Markets
- What Languages Do Vantage FX And Saxo Markets Support?
- How Many Clients Do Vantage FX and Saxo Markets Have?
- What Payment Methods Do Vantage FX and Saxo Markets Accept?
- What Can You Trade With Vantage FX and Saxo Markets?