Written by ForexBrokers.com
In this head to head comparison of Vantage vs Spreadex, 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.
When comparing online brokers Vantage and Spreadex, both stand out but in different aspects regarding their establishment and trust ratings. Founded in 2009, Vantage is not publicly traded and isn't a bank, yet it holds a higher position with a Trust Score of 90 out of 99, which is considered highly trusted by ForexBrokers.com. Vantage boasts two Tier-1 licenses, further strengthening its credibility, along with one Tier-2 license, reflecting its committed regulatory compliance.
On the other hand, Spreadex, established in 1999, also operates independently from stock market listings and banking status. With a Trust Score of 71, Spreadex falls into the average risk category according to ForexBrokers.com. It holds one Tier-1 license, indicating a relatively lower level of trust compared to Vantage. Overall, both brokers offer distinct advantages, with Vantage leading in regulatory trustworthiness and compliance, offering clients peace of mind regarding their investments.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Year Founded | 2009 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
Here’s how Vantage stacks up against Spreadex on commissions and fees. Vantage is rated 4.5 out of 5 stars and ranked #20 of 63 brokers for this category by ForexBrokers.com, while Spreadex is rated 4 out of 5 stars and ranked #28 of 63.
Vantage’s pricing depends on the account you choose and the entity you open with. The Standard STP account is spread-only, with typical EUR/USD spreads of 1.30 pips (March 2023). The RAW ECN account averages 0.15 pips plus a $3 commission per side ($6 round trip), for an all-in cost of about 0.75 pips over the same period. The PRO ECN account lowers the commission to $2 per side ($4 round trip), but eligibility varies by region (e.g., wholesale-client status in Australia or a $10,000 minimum with the Cayman Islands entity). Active traders can get rebates of $2–$8 per standard lot based on balance and monthly volume, though the program applies only to the higher-spread Standard account.
Spreadex keeps it simple with spread-based pricing: its average EUR/USD spread was 0.81 pips in January 2024, and the minimum spread of 0.6 pips was achieved 60% of the time that month. Based on the figures provided, Vantage’s RAW ECN all-in EUR/USD cost (0.75 pips, Mar 2023) comes in slightly below Spreadex’s Jan 2024 average, while Vantage’s Standard spread is higher. As always, actual costs can vary by market conditions, account type, and the entity where you open your account.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.30 | 0.81 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Vantage vs Spreadex for range of investments: both let you trade forex as CFDs or spot, and both offer cryptocurrency CFDs (but not real, delivered crypto). Spreadex lists far more markets overall, with about 10,000 tradeable symbols versus Vantage’s 1,000. That said, forex specialists may prefer Vantage’s 61 currency pairs compared with 52 at Spreadex. Neither broker offers direct share dealing on U.S. or international exchanges (non-CFD). Vantage supports copy trading, while Spreadex does not.
For Range of Investments, ForexBrokers.com rates Vantage 3.5 out of 5 stars (ranked 51 of 63) and Spreadex 5 out of 5 stars (ranked 14 of 63). In short, choose Spreadex if you want the widest variety of markets, and consider Vantage if you prioritize more forex pairs and built-in copy trading.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 61 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| 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 Spreadex for trading platforms and tools, both brokers provide free demo accounts and offer their own proprietary platforms. Vantage adds more platform choice with MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus a Windows desktop download alongside a web-based platform. Spreadex focuses on its proprietary, browser-based platform and does not offer a Windows desktop app or MT4/MT5. Both brokers let you place trades directly from charts; specific indicator and watchlist column counts were not disclosed.
Feature-wise, Vantage also supports copy trading, while Spreadex does not. Despite both earning 4 stars for Trading Platforms and Tools, Vantage ranks higher (#21 of 63) than Spreadex (#47 of 63) in the ForexBrokers.com category. If you want MT4/MT5, a desktop platform, and copy trading, Vantage is the stronger fit. If you prefer a straightforward, proprietary web platform with a demo account, Spreadex may suit your needs.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and Spreadex both offer iPhone and Android trading apps, along with price alerts for stocks and forex. Neither app syncs watchlists between mobile and the web platform. For charting, Vantage lists 30 technical studies, while Spreadex does not specify its study count. Both apps let you draw trendlines, but only Vantage auto-saves your drawings; Spreadex does not.
Both brokers earn 4 out of 5 stars for their mobile trading apps. However, in ForexBrokers.com’s Mobile Trading Apps category (out of 63 brokers), Vantage ranks higher at #29, while Spreadex is #47. If you want more chart tools and the convenience of saved drawings, Vantage may suit you better; if you just need alerts and basic drawing features, Spreadex can still do the job.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Vantage and Spreadex both deliver strong market research for everyday traders. Each provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, an economic calendar, Autochartist tools for pattern recognition, and a sentiment gauge that shows the long/short split across markets. One key difference: Vantage includes Trading Central analytics, while Spreadex does not. Neither broker offers TipRanks or Acuity Trading (Signal Centre) integrations.
Both brokers earn 4 out of 5 stars for research, but Vantage ranks higher overall (#22 of 63) than Spreadex (#32 of 63) according to ForexBrokers.com. If you want wider third-party insights—especially Trading Central—Vantage has the edge. If you mainly need daily commentary, trusted news, Autochartist, and a clear economic calendar, Spreadex still covers the essentials.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing education for newcomers, Vantage has an edge for live learning: it hosts client webinars every month, while Spreadex does not. For self-paced study, both brokers provide at least 10 beginner-focused videos that explain trading basics in clear terms. If you plan to progress over time, Vantage also offers 10+ advanced videos for more experienced traders, whereas Spreadex lacks that deeper video library. Together, these points make Vantage a stronger pick if you want both beginner lessons and a path to more advanced material, plus the option to learn through regular live sessions.
Both Vantage and Spreadex earn 4 out of 5 stars for Education, but Vantage ranks higher overall in ForexBrokers.com’s Education category (#24 of 63) compared with Spreadex (#45 of 63). In short: choose Vantage if you value frequent webinars and a fuller video lineup as you grow; pick Spreadex if you just need a solid set of beginner videos and don’t mind skipping live classes.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| 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 Spreadex. Vantage finished with an overall rank of #26, while Spreadex finished with an overall rank of #39.
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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Spreadex
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 71 |
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Vantage vs Spreadex: Neither online broker offers direct, delivered cryptocurrency purchases, but both support trading cryptocurrency CFDs.
Vantage vs Spreadex: For deposits and withdrawals, both brokers do not support ACH or SEPA but do accept bank wire transfers; Vantage also supports PayPal and Skrill while Spreadex does not, and 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 | Vantage | Spreadex | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
| Broker Screenshots | Vantage | Spreadex | |
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| Regulation | Vantage | Spreadex | |
|---|---|---|---|
| Trust Score | 90 | 71 | |
| Year Founded | 2009 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Spreadex | |
|---|---|---|---|
| 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) | |||
| 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 | No |
| Tier-2 Licenses (Trusted) | Vantage | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 10000 | |
| Forex Pairs (Total) | 61 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.30 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Vantage | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Vantage | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Vantage | Spreadex | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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