Vantage vs Trading 212 Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Vantage vs Trading 212.
Can I trust Vantage?
Vantage has a trust score of 83, giving it a "Trusted" trust label.
- "Highly Trusted" (90-99) - These brokers are considered the most trustworthy firms in the industry. Simply put, we would not hesitate to open and fund an account with a Highly Trusted broker
- "Trusted" (80-89) - These brokers are reliable and trustworthy. "Trusted" firms are a solid choice, and may simply hold fewer regulatory licences or feature different corporate structures than those brokers that have earned our top Trust Score rating.
- "Average Risk" (70-79) - Average Risk brokers are firms we generally consider to be safe, but that may warrant a closer inspection before you open and fund a live trading account. At the least, we always encourage traders to check the regulatory licenses for Average Risk firms to verify that they are regulated in their own country of residence.
- "High Risk" (60-69) - High-risk firms should be scrutinized and carefully reviewed before opening an account. These forex brokers are – in most cases – operating without credible regulatory licensing, and likely have a history of legal or financial issues. Before considering an account with a high-risk firm, we recommend checking our country guides for your country of residence to see if a more trusted broker is available.
- "Do Not Trust" (<59) - We do not recommend opening an account of any kind with a broker that earns a “Do Not Trust” rating.
Can I trust Trading 212?
Trading 212 has a trust score of 77, giving it a "Average Risk" trust label. Here's what each trust score label means:
What tier-1 jurisdictions is each broker regulated in?
Tier-1 regulators go above and beyond by requiring additional capital requirements, checking in on brokers more frequently, and putting brokers through a tougher screening process. Vantage is ASIC Authorised (Australia) and FCA Authorised (U.K.), while Trading 212 is FCA Authorised (U.K.). Both do not have IIROC Authorised (Canada), SFC Authorised (Hong Kong), CBI Authorised (Ireland), FSA Authorised (Japan), MAS Authorised (Singapore), FMA Authorised (New Zealand), FINMA Authorised (Switzerland) and CFTC Registered (USA)
What tier-2 jurisdictions is each broker regulated in? What about tier-3?
Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Trading 212 is CySEC Authorised (Cyprus), while Vantage is none of these. Both do not have CBRC Authorised (China), NSE Authorised (India), ISA Authorised (Israel), CBR Authorised (Russia), FSCA Authorised (South Africa), SEC Authorised (Thailand) and DFSA / Central Bank Authorised (UAE). When comparing tier-3 licenses Vantage is CIMA Authorised (Cayman Islands) and VFSC Authorised (Vanuatu), while Trading 212 is none of these. Both do not have SCB Authorised (Bahamas), IFSC Authorised (Belize), BMA Authorised (Bermuda), FSC Authorised (British Virgin Islands) and FSC Authorised (Mauritius).
Which broker offers more trading platforms?
For trading platforms Trading 212 supports a Proprietary Platform, whereas Vantage supports a Proprietary Platform, Desktop Platform (Windows), DupliTrade and ZuluTrade. Both do not have cTrader.
Does Vantage offer MetaTrader? Does Trading 212 offer MetaTrader?
For MetaTrader Vantage provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Trading 212 provides neither of these. If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.
How do Vantage and Trading 212 differ in terms of minimum deposit? What about average spreads and funding options?
Vantage requires a minimum deposit of $200, while Trading 212 requires a minimum deposit of EUR 10. From our testing we found Vantage offers spreads of 1.22 (August 2021), while Trading 212 offers spreads of N/A. Trading 212 supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for popular funding options, where Vantage supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw).
Which brokers offers more tradeable asset classes, Vantage or Trading 212?
Trading 212 offers a more diverse selection of investment options than Vantage allowing you to trade Forex Trading, Trading - Forex or CFDs, Metals, Energies, Agriculturals, ETF and U.S. Stocks (CFD). Looking at total tradeable symbols, Vantage has 257, compared to 1785 from Trading 212.
Can I trade cryptocurrency with Vantage or Trading 212?
Crypto trading is popular with forex traders. Most crypto assets are offered either as the underlying physical asset or as a CFD or other derivative — including spot forex contracts. In terms of trading physical cryptocurrency neither Vantage nor Trading 212 allow you to trade physical cryptocurrencies.
Who offers more research tools, Vantage or Trading 212?
In terms of research and research tools Trading 212 gives traders the following tools: Daily Market Commentary, Stock Charts and Forex News (Top-Tier Sources). In comparison Vantage has the tools listed here: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading. Both do not have Autochartist.