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.
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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 account | 1.30 | 1.2 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage vs IronFX: For range of investments, Vantage lists about 1,000 tradeable symbols and 61 forex pairs, while IronFX offers roughly 340 symbols and 83 currency pairs. Both brokers provide forex trading via CFDs or spot contracts. Neither broker offers exchange-traded shares on U.S. or international stock exchanges; their focus is on derivatives.
Copy trading is available at both Vantage and IronFX. You can trade cryptocurrency via CFDs at both brokers, but you can’t buy actual crypto. In independent assessments, each earned 3.5 out of 5 stars for Range of Investments. Vantage ranks 51st out of 63 brokers in this category, while IronFX ranks 52nd.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 340 |
| Forex Pairs (Total) | 61 | 83 |
| 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.
Comparing Vantage and IronFX on trading platforms and tools, both brokers offer free demo (paper) trading, copy trading, and the popular MetaTrader 4 (MT4). Each provides a Windows desktop download and a web-based platform, and both let you place orders directly from charts. Where they differ: Vantage adds a proprietary in-house platform and supports MetaTrader 5 (MT5), while IronFX does not offer its own platform and doesn’t support MT5.
Details like the exact number of built-in technical indicators and watch list fields aren’t specified here. Based on ForexBrokers.com ratings for Trading Platforms and Tools, Vantage scores 4 stars and ranks #21 out of 63 brokers, while IronFX scores 3.5 stars and ranks #62. If you want MT5 and an extra in-house platform option, Vantage has the edge; if you’re set on MT4, both brokers cover the essentials across desktop and web.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and IronFX both offer mobile trading apps for iPhone and Android, with handy price alerts to help you track moves in forex or stocks. Their charting tools are equally capable on mobile: each provides 30 technical studies, supports drawing trendlines, and saves those drawings automatically. One limitation to note is watchlists—neither app syncs watchlist symbols with your online account, so changes on mobile won’t carry over to the web platform.
In overall quality, Vantage edges ahead. Vantage’s mobile trading apps are rated 4 out of 5 stars, while IronFX earns 3.5 stars. Looking at industry comparisons from ForexBrokers.com, Vantage ranks 29th out of 63 brokers for Mobile Trading Apps, whereas IronFX ranks 63rd. If you want similar charting features on both platforms but prefer higher-rated mobile performance, Vantage may be the better fit.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Vantage vs IronFX for beginner education: both brokers provide at least 10 beginner-friendly videos that explain core forex and CFD trading topics, giving newcomers a clear starting path. Vantage adds live learning with client webinars held monthly, while IronFX does not run monthly educational webinars—an important difference if you learn best through interactive sessions.
For advancing your skills, Vantage offers 10+ videos for experienced traders, whereas IronFX falls short on advanced video depth. Despite both earning 4 out of 5 stars for Education, Vantage ranks higher for Education on ForexBrokers.com (#24 out of 63) compared with IronFX (#44 out of 63). Note: the data provided did not specify whether each broker meets the threshold of 10+ total forex/CFD educational pieces beyond videos.
| Feature |
Vantage
|
IronFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 83 |
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Vantage vs IronFX: Both online brokers offer cryptocurrency CFD trading, but neither lets you buy and hold actual (delivered) cryptocurrencies.
Comparing funding options, Vantage offers PayPal, Skrill, and bank wire deposits/withdrawals but not ACH or SEPA (Visa/Mastercard not specified), while IronFX likewise does not support ACH or SEPA and does not specify whether it supports PayPal, Skrill, Visa/Mastercard, or bank wires.
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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| 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, FSRA, or SCA 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. 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 | Vantage | IronFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.30 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | IronFX | |
|---|---|---|---|
| Minimum Deposit | $50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | IronFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Vantage | IronFX | |
|---|---|---|---|
| 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 | Vantage | IronFX | |
|---|---|---|---|
| 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Vantage | IronFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | IronFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | IronFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Vantage Review |
| Overall | Vantage | IronFX | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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