TIO Markets vs VantageFX

TIO Markets vs Vantage Comparison Table 2024
TIO Markets Vantage
2.9
4.7

TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips.

Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.

Customer Reviews
4.3
Bonus Offer
50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Comment by Reviewer
"After spending some time exploring the accounts, I think TIO Markets is best suited to experienced traders who can deposit at least $1000 to take advantage of the competitive trading conditions available with the VIP accounts. Nonetheless, it would be nice to see a more diverse range of assets on offer in my opinion." "Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."
Pros
  • I have found fees to be pretty competitive with TIO Markets, averaging as low as 0.2 pips for GBP/USD on the VIP account
  • The company's 24/7 customer service availability is in line with some of the top brokerages that I have reviewed
  • Another major advantage for me is the free access to Trading Central, an excellent charting and analysis tool
  • TIO Markets offers access to the powerful MT4 and MT5 platforms with market-leading analysis tools
  • UK clients will be happy to find that spread betting opportunities are supported by TIO Markets
  • I'm also pleased to see top-tier FCA regulation through the company's UK branch
  • Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC
  • The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side
  • There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5
  • The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities
  • Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook
  • The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
  • There are no short-term strategy restrictions with hedging and scalping permitted
  • It’s quick and easy to open a live account – taking less than 2 minutes
Cons
  • Most traders will be registering with the global branch, which is regulated offshore and will not offer any robust fund safeguarding measures
  • Leverage rates with the UK branch are limited to a maximum of 1:30, which may feel restricting for experienced traders
  • Compared to major competitors, TIO Markets' educational resources are notably limited
  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
  • Unfortunately, cryptos are only available for Australian clients
Awards
  • Best Broker Australia - Ultimate Fintech Awards 2022
  • Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022
  • Best Trading App - Professional Trader Awards 2022
  • Best Trade Execution - Global Forex Awards 2023
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Trading Platforms
  • MT4
  • MT5
  • ProTrader
  • MT4
  • MT5
  • TradingView
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA FCA, ASIC, FSCA, VFSC
Margin Trading
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS & Android
App Review

Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.

Android App Rating
3.9
iOS App Rating
3.6
Auto Trading
Yes Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • PLN
Stock Exchanges
Commodities
CFD Trading
Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback. Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.
Leverage
1:200 1:500
FTSE Spread
20 1.0
GBPUSD Spread
0.8 0.5
Oil Spread
0.02 0.01
Stocks Spread
Variable 0.01
Forex Trading
My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software. Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
GBPUSD Spread
0.8 0.5
EURUSD Spread
0.4 0.0
EURGBP Spread
0.6 0.5
Assets
45+ 55+
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.
Spread
Floating
Coins
  • ADA
  • AVA
  • BTC
  • DOG
  • EOS
  • ETH
  • LTC
  • NEO
  • SHB
  • SOL
  • TRX
  • UNI
  • XRPandmanymore
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
TIO Markets
vs
Vantage
vs