Written by ForexBrokers.com
In this head to head comparison of Vantage vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Vantage and FXOpen, both established brokers in the online trading world, differ in their level of regulatory trust according to ForexBrokers.com. Vantage, founded in 2009, holds a Trust Score of 90 out of 99, marking it as highly trusted. In contrast, FXOpen, which has been around since 2003, has a Trust Score of 76, considered to present an average risk. Both brokers hold two Tier-1 licenses each, which are also highly trusted. However, Vantage distinguishes itself by also having a Tier-2 license, adding an extra layer of regulatory reassurance. Neither Vantage nor FXOpen is publicly traded or operates as a bank.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing Vantage to FXOpen in terms of commissions and fees, Vantage stands out with three account types: the spread-only Standard STP account, and commission-based RAW ECN and PRO ECN accounts. Typical spreads at Vantage for the EUR/USD are 1.30 pips on the Standard account and 0.15 pips on the RAW account, with an added commission of $3 per side. The PRO ECN account has an even more competitive commission of $2 per side, although it requires meeting specific financial criteria depending on the regulatory entity. Vantage also offers an active trader program with rebates up to $8 per standard lot on the Standard account.
FXOpen lacks average spread data, making direct comparisons a bit challenging. However, Vantage is highly rated with a 4.5-star score for its commissions and fees, whereas FXOpen has a respectable 4-star rating. Vantage is ranked #19 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com, reflecting its competitive nature. On the other hand, FXOpen holds the #44 spot, indicating that while it offers decent pricing, it doesn't quite match the value provided by Vantage.
Overall, traders may find Vantage's variety of account options and competitive pricing more appealing, especially if they meet the requirements for the PRO ECN account or qualify for the active trader program. FXOpen, although rated slightly lower, can still be a viable option for those looking for different features or services beyond pricing. The choice between these two online brokers will ultimately depend on individual trading needs and financial capabilities.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage and FXOpen both facilitate forex trading through CFDs or spot contracts, catering to traders seeking such investment opportunities. However, when it comes to the number of tradeable symbols, Vantage stands out with an offering of 1,000 symbols compared to FXOpen's 87. This difference is also evident in their forex pair offerings, with Vantage providing access to 61 pairs in contrast to FXOpen's 25. Despite these differences, neither broker allows clients to purchase exchange-traded securities on U.S. or international markets. Additionally, both platforms support copy trading and offer cryptocurrency derivatives, but they do not permit the purchase of actual cryptocurrencies.
In terms of overall range, Vantage receives a rating of 3.5 stars while FXOpen is slightly behind with a rating of 3 stars. Ranking-wise, Vantage is positioned at 50th place, whereas FXOpen stands at 62nd among 63 brokers reviewed by ForexBrokers.com in the Range of Investments category. Consequently, traders seeking a broader variety of investment choices might find Vantage a more appealing option compared to FXOpen.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 87 |
| Forex Pairs (Total) | 61 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
Both Vantage and FXOpen provide strong options for simulated trading experiences, offering free virtual demo accounts to help users practice before engaging in real trades. Vantage stands out with its proprietary platform, allowing for a more personalized trading experience developed in-house. Both brokers support popular platforms like MetaTrader 4 and MetaTrader 5, satisfying traders who prefer these widely-used choices. While FXOpen lacks its proprietary platform, it compensates with access to ZuluTrade, a feature not available at Vantage, broadening options for copy trading enthusiasts.
When it comes to user interface and tools, both brokers offer web-based and Windows-based platforms, 15 drawing tools for charting, and the ability to execute trades directly from stock charts. Each offers seven columns for customizing watch lists, enhancing the user experience. Despite offering a similar suite of tools and earning a four-star rating in trading platforms and tools, Vantage ranks higher at #21 compared to FXOpen's #53 among 63 brokers on ForexBrokers.com, indicating a generally more favorable reception in this category.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and FXOpen provide comprehensive mobile trading experiences for both iPhone and Android users. Each app enables traders to set price alerts for stocks and forex and offers 30 technical studies for chart analysis. Traders can also draw trendlines and switch between different time frames such as daily, weekly, or intraday views on both platforms. While both allow the creation of watchlists with real-time quotes, they do not offer watchlist symbol syncing between mobile and online accounts.
Vantage stands out by allowing users to autosave their chart drawings, a feature not available in FXOpen's app. Despite this benefit, both apps have earned a rating of 4 stars out of 5 for mobile trading. However, when evaluated by ForexBrokers.com, Vantage ranks higher at #28 out of 63 brokers, compared to FXOpen's ranking at #54. This suggests that Vantage may provide a slightly more favorable overall mobile trading experience.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Vantage and FXOpen provide daily market commentary and deliver forex news from esteemed sources such as Bloomberg, Reuters, and Dow Jones. However, Vantage distinguishes itself with additional tools like Autochartist and Trading Central for technical and fundamental analysis, which FXOpen lacks. Vantage also offers a sentiment-based trading tool showing the ratio of long or short positions across currencies, giving traders a broader perspective on market positions. While neither broker incorporates market research from TipRanks or tools from Acuity Trading, both make use of an economic calendar to keep traders informed about upcoming global news events, helping them make timely decisions.
In terms of research capabilities, Vantage scores higher with a 4-star rating, outperforming FXOpen’s 3 stars. When ranked among 63 brokers by ForexBrokers.com, Vantage is placed at 21st, significantly ahead of FXOpen, which ranks 63rd. This indicates that Vantage offers a wider array of research tools and more comprehensive market insights, positioning it as a stronger choice for traders who prioritize research as part of their trading strategy.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners from Vantage and FXOpen, Vantage stands out as the superior choice. Vantage provides over ten educational pieces, such as articles and videos, focused on forex and CFDs, whereas FXOpen does not meet this benchmark. Furthermore, Vantage offers beginners monthly educational webinars and has a searchable archive of past sessions. In contrast, FXOpen lacks both monthly webinars and a library of recorded content. For novices in trading, Vantage caters specifically with over ten beginner-friendly videos, a feature FXOpen doesn't provide.
Both brokers offer an investor dictionary defining over 50 investing terms, but Vantage excels in delivering advanced educational content as well. With more than ten advanced videos covering complex trading topics, Vantage caters to more experienced traders too—a service FXOpen doesn't extend. These robust educational offerings translate into higher recognition for Vantage, which is rated four stars for education and holds the 24th place among 63 brokers, as ranked by ForexBrokers.com. FXOpen lags with a three-star rating and a 58th position in the same category. For those seeking comprehensive educational support, Vantage clearly offers a more extensive and beneficial experience.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Vantage is better than FXOpen. Vantage finished with an overall rank of #26, while FXOpen finished with an overall rank of #54.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 76 |
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Both Vantage and FXOpen do not provide options for purchasing actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
When comparing the online brokers Vantage and FXOpen, both do not support ACH or SEPA transfers for account deposits and withdrawals; however, Vantage accepts PayPal while FXOpen does not, both platforms accommodate Skrill, Visa or Mastercard, and bank wire transfers for managing funds.
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 | Vantage | FXOpen | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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| Regulation | Vantage | FXOpen | |
|---|---|---|---|
| Trust Score | 90 | 76 | |
| Year Founded | 2009 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Vantage | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 87 | |
| Forex Pairs (Total) | 61 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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). |
| Cost | Vantage | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Vantage | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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