Is Vantage FX free?

Vantage FX does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with Vantage FX though, then you will find the fees they charge below.

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Vantage FX fees
Overview of Vantage FX fees and charges

It's safe to say that Vantage FX's fees are low in general. They either don't charge a brokerage fee for things that other brokers do, or they only charge a small amount.

Here's a high-level overview of Vantage FX's fees

Vantage FX Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee Low MetaTrader Raw ECN pricing: $3 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
US mutual fund fees - Not available
Inactivity fee Low No inactivity fee

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Vantage FX fees with its closest competitors, Axi and IC Markets.

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX trading fees

Vantage FX's trading fees are low, which makes it suitable for you even if you trade often (i.e. several times a week).

Let's break down trading fees according to the different asset classes available at Vantage FX.

Trading fees

Vantage FX's trading fees are low.

Forex fees

Vantage FX's forex fees are low.

Forex fees of a $20,000 30:1 position (open, 1-week-hold and close)
Vantage FX Axi IC Markets
EURUSD benchmark fee $6.1 $5.4 $7.0
EURGBP benchmark fee $7.7 $4.5 $7.6

CFD fees

Vantage FX has average CFD trading fees.

CFD fees and commissions on a $2,000 trade
Vantage FX Axi IC Markets
Apple CFD $6.2 - $0.5
Vodafone CFD $14.3 - -
Germany - - -

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX non-trading fees

When it comes to non-trading fees, Vantage FX is a rather cheap broker.

Non-trading fees include various brokerage fees and charges at Vantage FX that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how Vantage FX stacks up in terms of non-trading fees
Vantage FX Axi IC Markets
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX deposit fee

Usually, brokers don't charge anything for deposits, and Vantage FX is no different.

Vantage FX deposit methods
Vantage FX Axi IC Markets
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Deposit fee $0 $0 $0

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX withdrawal fee

Vantage FX generally doesn't charge a withdrawal fee.

Vantage FX withdrawal fees and options compared
Vantage FX Axi IC Markets
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Withdrawal fee for bank transfer $0 $0 $0

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74-89% of retail CFD accounts lose money

Vantage FX fees
Vantage FX inactivity fee

Vantage FX does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).

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74-89% of retail CFD accounts lose money

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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