Starting your trading journey can be both exciting and overwhelming, especially when choosing the right platform to trade assets like gold. With numerous trading platforms available, selecting one that caters to your needs as a beginner is crucial. Today, I’ll compare two popular platforms, Vantage and Exness, to help you decide which one suits you best.

I’ve personally traded on both platforms and found that while both offer strong features, Vantage stands out for beginners. Let’s break down the differences between Vantage and Exness, focusing on key areas such as tradable assets, regulation, deposit methods, and more.

Key Areas of Comparison

Tradable Assets

Regulation

Minimum Deposit

Deposit Options

Account Support

Copy Trading

By the end of this comparison, you’ll have a clearer understanding of which platform is a better fit for your trading goals.

Tradable Assets: A Broader Market with Vantage

Both Vantage and Exness provide access to trading gold and other popular assets, but Vantage offers a broader range. With over 1,000 CFD products, including Forex, cryptocurrencies, commodities, indices, and stocks, Vantage gives traders more variety to diversify their portfolios. Exness, though comprehensive, has a slightly smaller selection of assets.

Additionally, Vantage has a significantly larger user base, with over 5 million global traders compared to Exness’s 800,000. A larger community often translates into better market conditions, deeper liquidity, and a more robust trading environment, which is beneficial for beginners who want smoother trade executions.

Regulation: Vantage’s Stronger Oversight

When choosing a platform, especially as a beginner, regulation should be a top priority. Vantage is regulated by Tier 1 authorities such as the Australian Securities and Investments Commission (ASIC) and the UK’s Financial Conduct Authority (FCA). These top-tier regulators ensure transparency and protection of your funds.

Exness is regulated by Tier 2 and Tier 3 authorities like the Financial Services Authority (FSA) and CySEC. While these regulators are reliable, the level of scrutiny and protection they offer isn’t as stringent as Tier 1 authorities. For beginners who prioritize security, Vantage’s regulatory standing is a significant advantage.

Minimum Deposit: A Small Investment for Bigger Potential

One of the first things beginners look at is the minimum deposit requirement. Exness offers a low entry point with a minimum deposit of just USD 20, making it more accessible for new traders. Vantage requires a minimum deposit of USD 50, which might seem higher, but the platform also provides a welcome bonus that can increase your trading capital significantly.

For example, Vantage offers up to USD 20,000 in bonus credits, depending on your initial deposit. This bonus feature can be a game-changer for beginners looking to start with more capital without the risk of their own funds. In comparison, Exness does not provide a similar bonus for new traders.

Deposit Methods: Convenience with Vantage

Vantage excels when it comes to deposit options, offering over 50 methods, including popular payment systems like UPI, Google Pay, and PayTM. This flexibility is particularly useful for traders in regions like India, where digital payment methods are preferred.

Exness, while offering secure payment methods, supports only around 10 options, which could limit traders who rely on specific local payment systems. If convenience and flexibility in funding your account are important, Vantage has the upper hand here.

Account Support: Personal Assistance for Beginners

Having access to good customer support can make or break a trading experience, especially for those new to the market. Both Vantage and Exness provide 24/7 live chat support. However, Vantage goes a step further by offering each trader a personal account manager. This feature is a huge advantage for beginners, as it provides individualized guidance and troubleshooting for any issues that arise.

Whether it’s a question about your account or advice on improving your trading strategies, having a dedicated account manager can be a confidence booster, helping you get the most out of the platform.

Copy Trading: Seamless Integration with Vantage

Copy trading allows beginners to replicate the trades of experienced traders. Both Vantage and Exness offer copy trading, but Vantage’s system is more integrated and beginner-friendly. With Vantage, you can easily access copy trading through their main platform, while Exness requires navigating through a separate environment, which can be inconvenient.

Vantage also offers a large pool of experienced traders to follow, with over 70,000 signal providers. Additionally, the app includes customization features like filters and copy modes, allowing traders to tailor their copy trading experience to match their preferences.

Vantage’s Welcome Bonus: A Boost for New Traders

One of Vantage’s standout features is its generous welcome bonus. When you sign up and make your first deposit, you can receive up to USD 20,000 in bonus credits. For instance, depositing USD 200 gives you an additional USD 100 in credits, boosting your starting capital without increasing your financial risk.

To claim your bonus:

Open the Vantage app and navigate to the [Promo] page.

Tap the ‘Receive Your Extra 50% Credits’ button.

Make your first deposit and enjoy the extra bonus credits to enhance your trades.

Unfortunately, Exness doesn’t offer a similar bonus, which gives Vantage a distinct advantage for those who are just starting out.

Final Thoughts: Why Vantage Stands Out

While both Vantage and Exness are strong platforms, Vantage is more beginner-friendly due to its wider range of assets, stronger regulatory oversight, flexible deposit options, and helpful account management services. The integration of copy trading and a substantial welcome bonus further solidifies Vantage as the ideal choice for new traders looking to enter the world of gold trading and beyond.

Ready to Trade? Take advantage of Vantage’s welcome bonus and start trading with confidence today. Download the Vantage app, sign up, and use promo code COPYGET10 to receive an extra USD 10 credit when you deposit USD 50.

Caption: Get started with the Vantage app today and explore gold trading along with 1,000+ CFD products. Enjoy up to USD 20,000 in welcome bonuses to give your trading journey a head start!

Watch our TVC

• Standard Chartered chief executive Bill Winters defends environmentally conscious investing, dismissing U.S. backlash against ESG.
• Winters emphasizes the importance of sustainable practices for both the planet and business profitability.
• Despite political tensions, Winters highlights ongoing engagement with net-zero objectives and business growth.

Standard Chartered CEO, Bill Winters, asserts that environmentally conscious investing remains beneficial for businesses, despite the political backlash against ESG (environmental, social, and governance) initiatives in the United States.

In an interview with CNBC’s “Squawk Box Europe,” Winters addressed concerns surrounding the perception of ESG as “woke capitalism,” emphasizing the importance of prioritizing sustainable practices. He stated, “I mean, I do want to wake up one day and have a planet so if that makes me woke, shoot me.”

Acknowledging the politically charged environment in the U.S., Winters pointed out the irony of Texas, a leading state in renewable power, opposing pension fund managers with ESG agendas. However, he remains committed to sustainable efforts, citing Standard Chartered’s dual-track objectives of achieving net-zero carbon emissions by 2025 and 2050 for its own firm and financed emissions, respectively.

Winters emphasized the alignment of sustainable initiatives with business profitability, noting the continued engagement of clients in pursuing net-zero goals. He highlighted the growth of Standard Chartered’s business supporting sustainable practices, indicating a positive outlook for both environmental impact and financial returns.

Despite challenges and political tensions, Winters reaffirmed the company’s dedication to sustainability, emphasizing that it is “not philanthropy” but a commitment to “do the right thing for the planet” while ensuring business success.

Walmart, the retail giant, recently made headlines with its announcement of acquiring smart TV maker Vizio in a significant $2.3 billion deal. Beyond just expanding its consumer electronics portfolio, the acquisition signals Walmart’s strategic push deeper into the realm of advertising.

By integrating Vizio’s extensive reach into its ecosystem, Walmart aims to tap into the lucrative world of streaming entertainment and link it seamlessly with consumer purchasing behaviors. Jefferies retail analyst Corey Tarlowe emphasizes that the core of this acquisition lies in the realm of advertising opportunities rather than the physical televisions themselves.

Vizio has evolved beyond being just a TV manufacturer. With its SmartCast operating system, it has transformed into a software company, offering viewers a seamless streaming experience with built-in apps like Netflix and Hulu. Moreover, SmartCast facilitates targeted advertising, providing Vizio with multiple revenue streams through ad placements on the home screen, within its free streaming app WatchFree+, and through agreements with third-party streaming platforms.

With Walmart’s ownership, the potential synergies are vast. Not only can Walmart dictate pricing and expand SmartCast’s user base by integrating it into its own brand of TVs, but it can also leverage Vizio’s data insights to deliver highly personalized ads. Vizio’s knowledge of streaming preferences combined with Walmart’s deep understanding of consumer purchasing habits creates a powerful synergy for targeted advertising.

Additionally, Walmart’s aggressive expansion of its advertising business aligns with its broader strategy of driving profitability. Compared to traditional retail operations, advertising offers significantly higher margins, making it a lucrative avenue for revenue growth. With Amazon’s success in advertising as a reference point, Walmart aims to replicate a similar model, capitalizing on the rapid growth of its advertising segment.

The acquisition of Vizio also aligns with Walmart’s efforts to enhance its existing advertising platforms. With Walmart Connect experiencing significant growth in recent quarters, the addition of Vizio’s advertising capabilities could further accelerate this momentum. Furthermore, with the rise of streaming services, Walmart stands to benefit from TV spot placements on these platforms, opening up new revenue streams.

While Walmart’s exact plans for Vizio post-acquisition remain undisclosed, Walmart CFO John David Rainey has expressed excitement about the potential synergies, describing advertising as a vital part of the business. With Vizio under its wing, Walmart is poised to reshape the advertising landscape and drive growth in its digital ecosystem.