Written by ForexBrokers.com
In this head to head comparison of Vantage vs IronFX, 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.
Vantage and IronFX are both well-established online brokers, with Vantage founded in 2009 and IronFX following in 2010. Neither of these brokers is publicly traded or operates as a bank. In terms of trust and regulation, Vantage holds two Tier-1 licenses, which are considered highly trusted, and an additional Tier-2 license, making it a reliable choice with a Trust Score rating of 90 out of 99 according to ForexBrokers.com.
In comparison, IronFX holds three Tier-1 licenses but has no Tier-2 licenses. It achieves a Trust Score rating of 83 out of 99, placing it in the trusted category. Both brokers offer reassurance through their regulatory measures, but Vantage edges out in trust score rating, reflecting a slightly higher level of confidence for clients seeking security in their online trading platform.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Comparing commissions and fees, Vantage generally comes out cheaper than IronFX, and it also carries a higher expert score. Vantage is rated 4.5/5 stars and ranks #20 out of 63 brokers for Commissions and Fees on ForexBrokers.com. IronFX is rated 4/5 stars and ranks #47 out of 63. While Vantage isn’t as cheap as pricing leaders like Saxo, IG, and CMC Markets, its average costs are typically closer to the industry norm than IronFX.
Vantage offers three account types. The Standard STP account is spread-only with a typical EUR/USD spread of 1.30 pips (March 2023). The RAW ECN account averages 0.15 pips plus a $3 per side commission ($6 round turn), for an all-in cost around 0.75 pips. The PRO ECN account cuts commission to $2 per side ($4 round turn) and is Vantage’s best-priced option, though eligibility varies by entity (e.g., wholesale-client status in Australia or a $10,000 minimum under its Cayman entity). Active traders can earn rebates of $2–$8 per lot based on balance and volume, but that program is limited to the higher-spread Standard account.
IronFX’s pricing tends to be higher than average. Its Standard variable account lists a typical 1.8-pip spread (no date range provided). The zero fixed-spread account can show 0 pip quotes but adds a $18-per-lot commission, and spreads widen to 3 pips overnight. In short, traders seeking lower all-in costs will often find Vantage’s RAW or PRO ECN structures more competitive, whereas IronFX may appeal to those prioritizing fixed-spread simplicity while accepting higher fees.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Average Spread EUR/USD - Standard | 1.30 | 1.2 |
| 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.
Comparing Vantage vs IronFX on market access, Vantage offers far more tradable instruments overall (about 1,000 vs IronFX’s 340), while IronFX lists more currency pairs (83 vs Vantage’s 61). Both brokers let you trade forex via CFDs or spot, support copy trading, and offer cryptocurrency derivatives; neither provides the ability to buy real crypto or to purchase exchange-traded shares on U.S. or international stock exchanges.
On ratings, both Vantage and IronFX earn 3.5 out of 5 stars for Range of Investments. According to ForexBrokers.com, Vantage ranks 51st out of 63 brokers and IronFX ranks 52nd. In short, pick Vantage if you want a larger overall selection of instruments, or choose IronFX if your priority is access to more forex pairs—everything else is quite similar.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 340 |
| Forex Pairs (Total) | 61 | 83 |
| 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). | 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.
Vantage vs. IronFX: Both brokers provide free demo (paper) accounts and let you trade on Windows desktop and in your web browser. Each supports MetaTrader 4 (MT4) and copy trading; Vantage also offers MetaTrader 5 (MT5), a proprietary in-house platform, and DupliTrade, while IronFX does not have its own platform and does not offer MT5 or DupliTrade. Neither broker integrates ZuluTrade. For charting, both allow trading directly from charts and include 15 drawing tools; specific indicator counts aren’t listed. Watchlists are comparable with seven columns at both brokers.
For Trading Platforms and Tools, Vantage earns 4 stars and ranks 21st out of 63 brokers on ForexBrokers.com, while IronFX scores 3.5 stars and ranks 62nd. In short, choose Vantage if you want wider platform choice and added copy-trading options; pick IronFX if you only need the basics on desktop, web, and MT4. Either way, you can try features risk-free with a demo account.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| 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 | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| 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.
Comparing Vantage vs. IronFX for mobile trading apps, both brokers check the big boxes. Each offers an iPhone app and an Android app, supports stock and forex price alerts, and lets you build watchlists with real-time quotes. Charting is on par: 30 technical studies, the ability to draw trendlines, multiple time frames (intraday to weekly), and drawings that auto-save. One shared limitation is watchlist symbol syncing—changes you make on mobile won’t sync with your online account for either broker.
Where they differ is in overall app quality and industry standing. Vantage earns 4 stars and ranks 29th out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IronFX earns 3.5 stars and ranks 63rd. If you want a slightly higher-rated experience with similar charting tools and alerts, Vantage has the edge. If you already trade with IronFX, you’ll find comparable core features, just with a lower category ranking.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Vantage and IronFX both deliver daily market commentary, real-time forex news from leading wires such as Bloomberg, Reuters, and Dow Jones, and an economic calendar to track upcoming events. Each broker also features Trading Central research. Vantage stands out by adding Autochartist pattern-recognition tools and a sentiment gauge that shows the ratio of long and short positions across instruments—two extras IronFX does not provide. Vantage does not include TipRanks or Acuity Trading; IronFX’s access to TipRanks or Acuity Trading is not specified.
For overall research, both brokers earn 4 stars from ForexBrokers.com. Among 63 brokers reviewed, Vantage ranks 22nd for Research while IronFX ranks 29th. If you want added technical scanning and sentiment data, Vantage has the edge; if your priority is core market updates and calendars, either broker should suit.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners at Vantage and IronFX, both platforms provide a substantial library of over ten resources focused on forex and CFDs. Vantage takes it a step further by offering live educational webinars once a month, whereas IronFX does not offer this feature. Both brokers provide access to searchable archives of previously recorded webinars, ensuring that beginners have valuable material at their fingertips whenever they need it.
For video content, both Vantage and IronFX deliver more than ten beginners' videos on trading topics. However, only Vantage supplies over ten advanced videos tailored for experienced traders, giving it a slight edge for those progressing in their trading journey. Additionally, Vantage and IronFX both offer an investor dictionary with definitions for a wide range of investing terms, making crucial concepts accessible to all traders. Despite the similar four-star rating for education, Vantage is ranked higher at 24th out of 63 brokers, compared to IronFX, which sits at 44th, indicating a more favorable reputation in the educational domain.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 IronFX. Vantage finished with an overall rank of #26, while IronFX finished with an overall rank of #48.
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
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IronFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 83 |
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Both Vantage and IronFX do not offer the ability to buy actual, delivered cryptocurrency, but they both provide options to trade cryptocurrency derivatives.
When comparing online brokers Vantage and IronFX, both offer Visa/Mastercard and bank wire transfers for deposits and withdrawals, but while Vantage provides additional options such as PayPal and Skrill, IronFX supports only Skrill and lacks PayPal as an option; neither offers ACH or SEPA transfers.
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 | IronFX | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review |
| Broker Screenshots | Vantage | IronFX | |
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| Broker Gallery (click to expand) |
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| Regulation | Vantage | IronFX | |
|---|---|---|---|
| Trust Score | 90 | 83 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | IronFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | IronFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | Vantage | IronFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 340 | |
| Forex Pairs (Total) | 61 | 83 | |
| 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). | 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 | IronFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | IronFX | |
|---|---|---|---|
| Minimum Deposit | $50 | $50 | |
| 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 | IronFX | |
|---|---|---|---|
| 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 | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | IronFX | |
|---|---|---|---|
| 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 | IronFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | IronFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | IronFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | IronFX | |
|---|---|---|---|
| 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 |
| Overall | Vantage | IronFX | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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