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.
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If you’re comparing online brokers Vantage and Spreadex on regulation and trust, Vantage earns a 91/99 ForexBrokers.com Trust Score, which is considered highly trusted (90–99), while Spreadex scores 70/99, which falls into the average risk range (70–79). Both firms are private (not publicly traded) and are not banks.
Vantage, founded in 2009, holds two Tier-1 licenses (considered highly trusted by ForexBrokers.com) and one Tier-2 license (trusted). Spreadex, founded in 1999, holds one Tier-1 license and no Tier-2 licenses. This licensing mix helps explain the gap between their Trust Scores.
| 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 |
Vantage and Spreadex both offer pricing that can work for many traders, but Vantage generally comes out ahead on commissions and fees. Vantage is rated 4.5 out of 5 stars and ranks #12 out of 36 brokers for commissions and fees. Its costs depend on the account type: the spread-only Standard STP account has wider spreads, while the RAW ECN and PRO ECN accounts use lower spreads plus commissions. For example, Vantage’s Standard account showed typical EUR/USD spreads of 1.30 pips, while its Raw account averaged 0.15 pips plus a $3 commission per side. The PRO account is its lowest-cost option for eligible traders, with a $2 commission per side.
Spreadex is also competitively priced, but it is not as low-cost overall as Vantage. It is rated 4 out of 5 stars and ranks #27 out of 36 brokers in the commissions and fees category. In January 2024, Spreadex reported average EUR/USD spreads of 0.81 pips, with a minimum spread of 0.6 pips available 60% of the time during the month. That makes it a solid choice for traders who want simple spread-based pricing, though its overall score and ranking trail Vantage’s.
In plain terms, Vantage offers more account choices and better pricing for active and cost-conscious traders, especially if you can qualify for its lower-cost commission accounts. Spreadex keeps things straightforward with spread-based pricing, but Vantage is the stronger pick on fees overall. If your main focus is trading costs, Vantage has the edge in this comparison.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.4 | 0.81 |
| All-in Cost EUR/USD - Raw spread account | 0.72 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
When it comes to range of investments, Spreadex offers a much wider selection than Vantage, with around 10,000 tradeable symbols compared with Vantage’s 1,028. Vantage does, however, list more forex pairs, with 61 available versus 52 at Spreadex. Both brokers let clients trade forex as CFDs or spot contracts, and both offer cryptocurrency CFDs, but neither provides access to buying real shares on U.S. or international exchanges, or actual delivered crypto.
One key difference is copy trading, which Vantage supports but Spreadex does not. Overall, Spreadex is rated higher for investment choice, earning 5 stars for Range of Investments and ranking 13th out of 36 brokers on ForexBrokers.com, while Vantage scores 3.5 stars and ranks 34th. For traders who want the broader market list, Spreadex has the edge; for those focused more on forex pair variety and copy trading, Vantage may still appeal.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1028 | 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.
Vantage and Spreadex both give traders a free demo account, a proprietary platform, and a web-based trading platform, so either broker can work well for people who want to practice first or trade from a browser. Both also let users place trades directly from a chart. In ForexBrokers.com’s Trading Platforms and Tools category, each broker is rated 4 out of 5 stars, although Vantage is ranked higher overall at #20 out of 36 brokers, while Spreadex sits at #37.
Where Vantage stands out is in platform choice and extra features. It offers a Windows desktop download, MetaTrader 4, MetaTrader 5, and copy trading, giving active traders more ways to trade and follow other traders. Spreadex does not offer a desktop download, MT4, MT5, or copy trading, so its platform lineup is simpler by comparison. For traders who want more platform options and advanced tools, Vantage has the edge, while Spreadex may suit those who prefer a more basic setup.
| 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 give traders mobile access through iPhone and Android apps, and both let users set stock or forex price alerts. Each app also supports drawing trendlines on charts, so you can review market moves on the go. In terms of user ratings, both brokers score 4 out of 5 stars for mobile trading apps. Vantage, however, stands out with 14 technical studies built into its mobile charting tools, while Spreadex does not list technical studies for its app.
The biggest difference is in watchlist syncing and chart saving. Vantage offers watchlist symbol syncing, so changes made on the mobile app and online account stay aligned, and it also auto-saves chart drawings. Spreadex does not offer watchlist syncing and does not auto-save drawings in its mobile app. On ForexBrokers.com, Vantage ranks #24 out of 36 brokers for mobile trading apps, compared with Spreadex at #36, which makes Vantage the stronger choice for traders who want better mobile app features.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 14 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Vantage and Spreadex give traders daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar with major global events. Each broker is also rated 4 out of 5 stars for Research, so both offer a solid range of useful information for following the markets day to day.
The main difference is in the extra research sources they provide. Spreadex includes forex news from well-known outlets like Bloomberg, Reuters, or Dow Jones, plus Autochartist tools for chart-based and fundamental ideas. Vantage, on the other hand, offers Trading Central research tools instead. In ForexBrokers.com’s Research rankings, Vantage places higher at #20 out of 36 brokers, while Spreadex ranks #29.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | 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 Vantage vs Spreadex for beginner education, Vantage comes out ahead overall. Vantage offers forex and CFD learning materials, monthly online client webinars, and at least 10 beginner videos plus 10 advanced videos, giving new traders and more experienced users a wider range of ways to learn. Spreadex also provides at least 10 beginner videos, but it does not offer monthly educational webinars, and it does not have at least 10 advanced videos. Based on ForexBrokers.com, both brokers receive 4 out of 5 stars for Education, but Vantage is ranked #24 out of 36 brokers, while Spreadex sits at #36.
For someone just starting out, both brokers give access to some useful trading education, but Vantage has the stronger setup for ongoing learning. Its mix of forex and CFD education, regular webinars, and content for both beginners and advanced traders makes it more helpful for traders who want to build skills over time. Spreadex may be enough for basic learning needs, but Vantage offers a broader set of educational tools for beginners who want more support as they progress.
| 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 #24, while Spreadex finished with an overall rank of #33.
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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 91 | 70 |
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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 | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
| Broker Screenshots | Vantage | Spreadex | |
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| Regulation | Vantage | Spreadex | |
|---|---|---|---|
| Trust Score | 91 | 70 | |
| 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 (FSA 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 CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Vantage | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1028 | 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) - Spread-only account | 1.4 | 0.81 | |
| All-in Cost EUR/USD - Raw spread account | 0.72 | 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 (Deposit/Withdraw) | 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 Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 14 | 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) | No | Yes | |
| Autochartist | No | 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Vantage Review | Spreadex Review |
| Overall | Vantage | Spreadex | |
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| Trust Score | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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