Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Vantage, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets (founded 2005) and Vantage (founded 2009) are online brokers that are privately held and not banks. According to ForexBrokers.com, both fall in the highly trusted range (90–99): FP Markets scores 90/99 and Vantage 91/99. For context, 80–89 is trusted, 70–79 average risk, 60–69 high risk, and below 59 should not be trusted.
On regulation, each broker holds two Tier-1 licenses (highly trusted) and one Tier-2 license (trusted). With the same license mix and nearly identical Trust Scores, Vantage has a slight numerical edge, while FP Markets delivers comparable safety signals from top-tier regulators.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Year Founded | 2005 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
FP Markets and Vantage both score well on commissions and fees, each earning 4.5 out of 5 stars, but FP Markets has a slight edge in the ForexBrokers.com rankings, placing #11 out of 36 brokers versus Vantage at #12. FP Markets is especially appealing for cost-conscious traders using its commission-based Raw ECN account, which offers very tight spreads and a flat $6 round-turn commission on forex trades. Its Standard account is more expensive, and its Iress platform options can add extra fees unless you qualify for higher-tier accounts or hit monthly commission targets.
Vantage also offers competitive pricing, but its costs depend more on the account type and entity you choose. The Standard STP account is spread-only and usually costs more in day-to-day trading, while the Raw ECN account adds a $6 round-turn commission and the PRO ECN account lowers that further to $4 round turn, though it comes with stricter account requirements. In simple terms, Vantage can be a good value for active traders, but its overall pricing tends to sit a little closer to the industry average than FP Markets.
If you are mainly comparing commissions and fees, FP Markets comes out ahead for overall value, especially for traders who want low all-in trading costs on forex and CFD products. Vantage is still a solid choice, particularly for traders who can qualify for its cheaper PRO account or use its rebate program, but FP Markets has the stronger edge for lower-cost trading overall.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Minimum Deposit | $100 AUD | $50 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.4 |
| All-in Cost EUR/USD - Active | 0.9 | 0.72 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FP Markets vs Vantage for range of investments, FP Markets comes out ahead on choice. Both brokers offer forex trading as CFDs or spot contracts, copy trading, and cryptocurrency CFDs, but neither lets clients buy actual crypto or exchange-traded shares on U.S. or international stock exchanges. The main difference is in variety: FP Markets lists 10,000 tradeable symbols and 71 forex pairs, while Vantage offers 1,028 tradeable symbols and 61 forex pairs. That wider selection gives FP Markets more options for traders looking to spread across more markets and instruments.
These differences also show up in expert ratings. FP Markets is rated 4.5 out of 5 stars for range of investments and is ranked #17 out of 36 brokers by ForexBrokers.com in this category. Vantage is rated 3.5 out of 5 stars and ranked #33 out of 36. In simple terms, both brokers cover the basics well, but FP Markets offers a broader set of trading choices overall.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1028 |
| Forex Pairs (Total) | 71 | 61 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FP Markets and Vantage both give traders a strong mix of platform choices and helpful tools. Each broker offers a free demo account for practice, plus its own in-house platform, a Windows desktop download, a web-based platform, copy trading, MetaTrader 4, and MetaTrader 5. Both also let you trade directly from a chart, which can make placing orders faster and easier for active traders.
When it comes to trading platforms and tools, both brokers are rated 4 out of 5 stars, but Vantage holds a slight edge in ForexBrokers.com’s rankings, placing 20th out of 36 brokers compared with FP Markets at 22nd. Overall, there is little to separate them on platform access and trading features, so the better choice may come down to which layout, tools, and platform style feels easier for you to use.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and Vantage both make mobile trading easy with iPhone and Android apps, plus price alerts for stocks and forex. Each app also lets users draw trendlines and automatically saves those drawings, which is helpful for traders who want to review charts on the go. Both brokers are rated 4 out of 5 stars for mobile trading apps, showing that each offers a solid mobile experience.
The key difference is in watchlist syncing and chart tools. Vantage lets watchlists sync between the mobile app and the online account, so any changes update across devices, while FP Markets does not. Vantage also gives traders 30 technical studies in its app, while FP Markets uses MetaTrader’s default charting tools. In ForexBrokers.com’s mobile trading apps rankings, FP Markets places higher at #20 out of 36 brokers, compared with Vantage at #24.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets and Vantage both give traders useful market research tools, and each broker is rated 4 out of 5 stars for research. They both provide daily market commentary, Trading Central tools, sentiment data that shows long and short positioning, and an economic calendar for tracking major global events. In this area, the two brokers are closely matched, so either one can work well for traders who want regular updates and basic research support.
FP Markets has an edge in news and third-party analysis because it offers forex news from top sources like Bloomberg, Reuters, or Dow Jones, plus Autochartist tools for chart and pattern analysis. Vantage does not offer those two extras, although it does still include Trading Central and the same core research features. That gives Vantage a solid research setup too, but FP Markets is the stronger choice if you want more outside news coverage and additional analysis tools. On ForexBrokers.com, Vantage ranks slightly higher for Research at #20 out of 36 brokers, compared with FP Markets at #22.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner education, both FP Markets and Vantage give new traders plenty to work with. Each broker offers forex and CFDs learning content with at least 10 educational pieces, plus online educational webinars held at least once a month. They also each provide 10 or more beginner videos, along with 10 or more advanced videos for traders who want to keep learning as they gain experience.
In short, the two brokers are closely matched for education, especially for beginners looking for videos, articles, and regular webinars. FP Markets has a slight edge in ForexBrokers.com’s Education ranking, placing #22 out of 36 brokers compared with Vantage at #23. Both brokers are rated 4 out of 5 stars for Education, so either one could work well if learning resources are important to you.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Vantage. FP Markets finished with an overall rank of #19, while Vantage finished with an overall rank of #24.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 91 |
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FP Markets vs Vantage: neither broker lets you buy actual delivered cryptocurrency, but both offer cryptocurrency CFD trading for speculating on crypto prices without owning the underlying assets.
FP Markets vs Vantage: neither online broker supports ACH or SEPA transfers, but both allow deposits and withdrawals via PayPal, Skrill, and bank wire transfers; Visa/Mastercard availability is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Vantage | |
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| Trust Score | 90 | 91 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Vantage Review |
| Broker Screenshots | FP Markets | Vantage | |
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| Regulation | FP Markets | Vantage | |
|---|---|---|---|
| Trust Score | 90 | 91 | |
| Year Founded | 2005 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Vantage | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FP Markets | Vantage | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1028 | |
| Forex Pairs (Total) | 71 | 61 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Vantage | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.4 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.72 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Vantage | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $50 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | Vantage | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | Vantage | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Vantage | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Vantage | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FP Markets | Vantage | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | Vantage Review |
| Overall | FP Markets | Vantage | |
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| Trust Score | 90 | 91 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Vantage Review |
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