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, established in 2005, and Vantage, founded in 2009, are both online brokers that cater to global traders by offering various financial services. Neither FP Markets nor Vantage are publicly traded or affiliated with banking institutions, ensuring they remain independent in their operations. Both brokers boast two Tier-1 licenses, putting them on equal footing when it comes to holding highly trusted regulatory credentials. Additionally, each holds a Tier-2 license, enhancing their reputation as reliable brokers in the trading industry.
When it comes to trust scores, as rated by ForexBrokers.com, Vantage slightly outpaces FP Markets with a score of 90 compared to 89. This places Vantage in the "highly trusted" category, while FP Markets remains comfortably within the "trusted" category. For traders prioritizing regulatory compliance and trustworthiness, both brokers offer similar strong credentials, though Vantage holds a minor edge by the rating system used by ForexBrokers.com.
| 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 offer tiered pricing based on account type, but they diverge on value depending on how you trade. FP Markets earns 5 stars for Commissions and Fees and ranks #11 out of 63 brokers, with a “Best in Class” award in 2024. Vantage earns 4.5 stars and ranks #12 out of 63. In short: both can be low-cost for active forex traders, but the fine print—spreads, commissions, platform fees, and eligibility rules—matters.
FP Markets’ Raw ECN account is designed for tight pricing, with average spreads of 0.1 pips and a $6 round‑turn commission per standard lot, for about 0.8 pips all‑in. Its Standard account is pricier, with spreads around 1.1 pips (EUR/USD). On cTrader, you can choose the same spread‑only or commission‑based setup. For share CFDs in Australia, FP Markets’ Iress suite offers DMA pricing and full depth of book, but the ViewPoint tiers come with higher minimums and potential platform/data fees unless you meet commission or account thresholds; the lower‑cost Iress Investor tier waives monthly fees but trims features like streaming data.
Vantage prices vary by account and entity. The Standard account lists typical EUR/USD spreads of 1.30 pips. The RAW ECN account averages 0.15 pips plus $6 per round‑turn, for about 0.75 pips all‑in—slightly cheaper than FP Markets’ quoted all‑in figure for that period. Vantage’s PRO ECN cuts commission to $4 round‑turn, but you must qualify (e.g., wholesale status in Australia or a $10,000 minimum under its Cayman entity). Vantage also offers an active trader rebate program of $2–$8 per lot, though it applies only to the higher‑spread Standard account. Net takeaway: casual traders may find FP Markets’ ECN pricing very competitive out of the box, while high‑balance or eligible traders could unlock sharper rates with Vantage PRO.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Minimum Deposit | $100 AUD | $50 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.32 |
| 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.
FP Markets and Vantage both let you trade forex as CFDs/spot, and both support copy trading. The key difference is breadth: FP Markets lists about 10,000 tradeable instruments versus roughly 1,000 at Vantage, and offers 71 forex pairs compared with Vantage’s 61. Neither broker lets you buy real, exchange-traded stocks on U.S. or international exchanges, and neither supports buying actual crypto; however, both provide cryptocurrency CFDs.
For range of investments, FP Markets earns 4.5 out of 5 stars and ranks #16 of 63 brokers at ForexBrokers.com, while Vantage scores 3.5 stars and ranks #32. If you want a wider selection of markets and currency pairs, FP Markets is the stronger fit; if you only need popular markets and crypto CFDs, Vantage covers the essentials.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1000 |
| 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 make it easy to get started with a free demo account. Each broker offers its own proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on Windows desktop or in a web browser with either brand, and both support copy trading as well as placing trades directly from charts—handy for testing ideas and executing quickly.
When it comes to platform quality, ForexBrokers.com rates both FP Markets and Vantage at 4 out of 5 stars. Out of 63 brokers, Vantage ranks slightly higher at #20, while FP Markets is close behind at #22. If you’re choosing between them, try their demo accounts to compare each proprietary platform’s workflow, chart trading experience, and overall ease of 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 offer mobile trading apps for iPhone and Android, complete with price alerts for forex and stocks. Each earns 4 stars for mobile trading, though FP Markets places slightly higher in the ForexBrokers.com rankings (#20 of 63) compared with Vantage (#24 of 63). If you want essential features on the go—like alerts and stable access on both major mobile platforms—either app will fit the bill.
For charting, FP Markets uses MetaTrader’s default indicators, while Vantage lists about 30 built-in technical studies. Both apps let you draw trendlines and automatically save your chart drawings between sessions. One drawback for power organizers: neither app supports syncing your watchlist between mobile and the web platform. Overall, FP Markets edges out on industry ranking, while Vantage offers a clearly stated set of indicators—making your choice depend on whether you prefer MetaTrader’s toolkit or a fixed set of 30 studies.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| 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 are closely matched for market research. Both offer daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker includes technical analysis tools from Autochartist and Trading Central, plus a sentiment gauge showing long/short positioning and a full economic calendar. Neither broker provides research from TipRanks or tools from Acuity Trading.
Ratings are tied at 4 stars for Research, but Vantage holds a slight edge in the ForexBrokers.com rankings (#20 of 63) versus FP Markets (#22 of 63). If you want a similar research toolkit—news, commentary, analysis tools, sentiment, and calendars—both brokers deliver; if a small ranking advantage matters, Vantage nudges ahead.
| Feature |
FP Markets
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| 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.
FP Markets and Vantage both deliver education that meets the mark for new forex and CFD traders. Each broker offers far more than the minimum 10 pieces of learning content focused on forex and CFDs, and both run client webinars at least once a month—helpful for staying current and asking questions live.
For video learners, both brokers shine: each has at least 10 beginner videos to help you get started, plus 10 or more advanced videos for growing your skills. Their education is rated 4 out of 5 stars, with FP Markets ranked #22 and Vantage ranked #23 out of 63 brokers by ForexBrokers.com. In short, both are strong choices for beginners, with FP Markets holding a slight edge in the rankings.
| 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 9,000 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 | 89 | 90 |
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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 | 89 | 90 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Vantage Review |
| Broker Screenshots | FP Markets | Vantage | |
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| Regulation | FP Markets | Vantage | |
|---|---|---|---|
| Trust Score | 89 | 90 | |
| 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 SCA 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 | 1000 | |
| 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 | 1.32 | |
| 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 | No | |
| 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 | Yes | |
| Autochartist | Yes | Yes | |
| 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 | 89 | 90 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Vantage Review |
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