Where to Trade Gold-Vantage vs Exness Review
Where to Trade Gold: Vantage vs Exness Review
New Delhi [India] October 15: Have you ever wondered where the best place is to trade gold? It’s a question many aspiring traders ask themselves, especially with the rising interest in precious metals.
Recently, I took the plunge and started trading gold using the Vantage and Exness trading apps. In this video, I’m excited to share my honest thoughts and experiences with you.
If you’re on the lookout for a beginner-friendly platform to kickstart your trading journey, then you’re in the right place!
Unmatched Comparison of Vantage with Exness:
Let’s dive into some important factors to consider when comparing these two platforms:
(i) Tradable Assets & User Base
(ii) Regulation
(iii) Minimum Deposit Required
(iv) Deposit Methods
(v) Account Management
(vi) Copy Trading
Now, let’s explore why I believe Vantage is a more welcoming option for beginners compared to Exness:
Tradable Assets & User Base:
While both Vantage and Exness offer gold trading, Vantage stands out with its impressive selection of over 1,000 CFD products. This includes Forex, Crypto, Indices, Stocks, and much more. Notably, Vantage boasts a global user base of over 5 million traders, whereas Exness has around 800,000 users. Those numbers really highlight the popularity and trust that Vantage has built!
Regulation:
When it comes to regulation, Vantage is regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC) and the UK’s Financial Conduct Authority (FCA). In contrast, Exness is regulated by one Tier 2 authority and several Tier 3 regulators like the FSA and CySEC. Remember, the higher the tier, the stricter the regulatory standards, which can provide additional peace of mind for traders.
Minimum Deposit Required:
Exness has a lower minimum deposit requirement of USD 20, while Vantage requires USD 50. However, I believe that even though Exness’s lower deposit might seem attractive, it doesn’t necessarily make it a better option for beginners. Starting small is great, but a USD 50 deposit feels more substantial and allows for a better chance to see some visible returns.
Welcome Bonus and Deposit Methods
Additionally, Vantage offers a Welcome Bonus for new users, which is a significant advantage. You can earn up to USD 20,000 in bonuses when you make your first deposit! Vantage also provides up to 55 deposit methods, offering flexibility with options like UPI, Google Pay, PayTM, and more, compared to Exness, which only supports around 10 deposit methods.
Vantage gets your Account Managed
Having responsive support is crucial, especially in situations like withdrawing funds. This is why I think dedicated account management is vital for beginner traders. Both Vantage and Exness provide 24/7 live support, but Vantage goes a step further by offering a dedicated 1-on-1 account manager. This means you can connect with someone who is ready to assist with all your trading inquiries, which is a great resource for new traders.
Start Copy Trading only on Vantage:
Both Vantage and Exness support Copy Trading, but there’s a notable difference. Exness requires users to log in using a separate environment, while Vantage has a more integrated experience, making it easier for users to engage in Copy Trading without additional steps.
Min Deposit Required on both the apps:
Exness requires a minimum deposit of USD 20 whereas Vantage requires a minimum deposit of USD 50.
[Counter Argument]: In my opinion, even though Exness has a lower minimum deposit requirement, it doesn’t necessarily make it a better app for beginners, as I’ve always been advised to start small—but not too small. Hence, a USD 50 deposit feels like a decent amount to see visible returns.
Moreover, Vantage offers a Welcome Bonus for new users, while Exness doesn’t. With this promotion, you can enjoy up to USD 20,000 in Welcome Bonuses when you make your first deposit today!
Vantage and its ultimate Deposit Methods along with its numerous Signal Providers
Vantage offers up to 55 deposit methods, while Exness only supports around 10 deposit methods. With Vantage, you can enjoy flexible deposits with options including UPI, Google Pay, PayTM & more.
Exness requires users to log in using a separate environment.
In contrast, Vantage has the feature incorporated into the app itself, saving you the hassle and time of researching and juggling between different apps.
Vantage Copy Trading offers over 70K Signal Providers for you to copy from, along with various features such as Copy Modes and Filters to customise your copy trades.
A step-by-step guide on how to redeem credits in the Vantage app:
Step 1: Tap on the ‘Welcome Bonus’ banner under the [Promo] page
Step 2: Tap on the ‘Receive Your Extra 50% Credits’ button
Step 3: Deposit & enjoy the bonus, just for you
Imagine if you deposit USD 200 today, you could instantly unlock USD 100 in credits! This exciting boost will kickstart your trading journey with a total of USD 300 available for you.
Limited-Time Only:
Register with the promo code COPYGET10 and deposit $50 to receive an additional $10 extra credit to kickstart your trading journey.
Download the Vantage app right now!
Disclaimer:This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
