Comparison of Trading212 vs Vantage [ 2024 ]

The best brokers to invest in cryptocurrencies compared by their commissions, cryptos, security and much more. Here is theTrading212 vs Vantage comparison!

Your expert: Alejandro Borja

Trading212

Your expert: Xavier Tarrasó

Vantage

Main points

Fees

Low 4/5

Regulated

FCA, CySEC

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

4.3 – Trading212 provides commission-free trading and a user-friendly platform. However, the 0.3% to 0.5% fee on currency conversion orders and inactivity fee are potential downsides .

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 4/5

Brief explanation

Trading212 employs a straightforward fee structure with no commissions on most trading activities, particularly for CFD accounts. Users benefit from free deposits and withdrawals, making the platform financially accessible. However, there are fees associated with specific services. For instance, a 0.7% fee is charged on deposits exceeding €2,000 when using credit/debit cards or electronic wallets. Currency conversion carries a fee of 0.15% for Invest accounts and 0.5% for CFD accounts. Additionally, inactive accounts are charged £9, €9, or $9 after six months of inactivity .

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.

Trading212

Year Founded: Trading212 was established with a solid foundation in the trading industry and has steadily grown its reputation over the years, ensuring a reliable and trustworthy platform for its users.
Number of Users: With millions of users worldwide, Trading212 has built a large and active community, reflecting its credibility and user satisfaction.
Regulation: Trading212 is regulated by the UK's Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), providing a strong layer of security and adherence to strict financial standards.
Customer Service: The platform offers comprehensive customer support, including a helpful community forum and various contact methods, ensuring that users can get assistance when needed.
Withdrawal and Deposit Policies: Trading212 supports a wide range of payment methods for deposits and withdrawals, including credit/debit cards, bank transfers, and e-wallets, making transactions easy and accessible for users.

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

Trading212 does not have a native token.

Vantage does not have a native token.

Earns

Trading212 does not offer staking or other earning options for cryptocurrencies. It provides trading through crypto CFDs .

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

NFT marketplace

Trading212 does not have an NFT marketplace.

Vantage does not have an NFT marketplace.

Cripto/debit card

Trading212 does not offer a card for its clients .

Vantage does not provide a card for its clients .

Payment methods

Transfers

Yes, Trading 212 accepts bank transfers for both deposits and withdrawals .

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

Mastercard

Yes, Trading212 accepts Mastercard for deposits.

Yes, Vantage accepts Mastercard for deposits.

Wire transfer

Yes, Wise is supported as a payment method .

Wise is not mentioned as a supported payment method .

Card

Yes, Trading 212 accepts credit/debit cards .

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

Comparative table

Trading212	Features	Vantage
The platform allows users to start trading with as little as £1, making it highly 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.
Trading212 offers competitive fees with no commissions on real stock trades, but CFD trading involves spreads.	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.
Trading212 supports a limited selection of cryptocurrencies, which might not satisfy traders looking for a wide variety of digital assets.	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.
The platform does not offer direct crypto-to-crypto trading pairs, limiting the trading options available.	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.
Trading212 provides clear and comprehensive information about its fees, services, and regulatory status, ensuring transparency for users.	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.
Trading212 does not offer a card for its clients .	Credit/Debit Card	Vantage does not provide a card for its clients .
Trading212 does not provide dedicated cryptocurrency storage solutions, as it primarily deals with CFDs rather than actual cryptocurrency ownership.	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.
There are no staking or rewards programs available on Trading212, limiting passive income opportunities for users.	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.
Trading212 offers robust mobile and desktop applications with a user-friendly interface and advanced trading tools.	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.
The platform offers good customer support through various channels, though there is room for improvement in response times.	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.
Deposits and withdrawals are straightforward and support multiple payment methods, though crypto withdrawals are not available.	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

Trading 212 offers a web-based platform and mobile apps with many features, including technical indicators and charting tools. They also provide educational resources and a demo account for practice trading .

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, Trading 212 provides mobile apps for both Android and iOS devices, featuring many of the functionalities found on their web-based platform .

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

Security

Trading 212 is regulated by the FCA and CySEC, ensuring a high level of security. However, they do not provide basic security features like two-factor authentication, which could be a concern for some investors.

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

Trading212 allows trading of cryptocurrency CFDs with benefits like leverage and short selling. They offer a user-friendly platform with a demo account for practice. Trading212 supports a wide range of payment methods and provides low fees for trading CFDs on stocks, indices, commodities, and forex in addition to cryptocurrencies .

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

Trading212 does not support anonymous accounts. The registration process includes providing personal details and identity verification.

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

Key points

Available cryptocurrencies

Trading212 supports trading in cryptocurrency CFDs. The available cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and other popular cryptocurrencies .

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

User-friendliness

Trading212 offers a user-friendly and fast platform for trading crypto CFDs. The account setup process is quick, and the platform supports multiple payment methods. While the range of cryptocurrencies available for trading is limited, Trading212’s intuitive design and ease of use make it a good option for beginners.

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

Trading212 provides excellent value with commission-free trading and a user-friendly platform. However, its fee for credit/debit card deposits and a small commission on stock trades might be a downside for some users.

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 Kingdom, European Union, available in most countries that allow crypto trading .

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

Best for

Trading212 is best for beginner and intermediate traders looking for a user-friendly platform with commission-free trading of crypto CFDs. It’s suitable for those who want to start trading quickly and benefit from a wide range of other financial instruments.

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

Trading212 supports crypto CFD trading with leverage, offering a straightforward and easy-to-use platform. It is ideal for beginners who want to start trading cryptocurrencies without owning them.

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

Trading212 offers free deposits and withdrawals through a variety of methods, including bank transfers, credit/debit cards, and e-wallets. The process is typically fast and efficient.

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

Trading212 offers a simple and fast account opening process. Users fill out an online form, provide personal and financial information, and submit verification documents. The process is fully digital and accounts are typically approved within one business day.

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?

KYC is mandatory at Trading212. Users must submit identification documents and proof of address during the account opening process.

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

Customer Service

Trading212 offers customer support through live chat, email, and phone. The support is available 24/7 and is known for being responsive and helpful, providing users with timely and effective assistance.

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 at our website, I recommend Trading212 for beginners and casual traders who are looking to explore the world of cryptocurrency trading in a secure and user-friendly environment. The platform’s ease of use, competitive fees, and strong regulatory oversight make it a reliable choice. However, if you’re an advanced trader seeking a wide variety of cryptocurrencies or specialized features like staking, you might find the platform somewhat limited. Nonetheless, Trading212 is an excellent starting point for anyone new to crypto trading.

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?

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 Trading212 vs Vantage [ 2024 ]

Trading212

Vantage

Main points

Recommended for

Comparison of fees

Rating

Level

Brief explanation

Trading212

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 Trading212 and Vantage