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.
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 generally offers competitive pricing, but the cost you pay depends on the account type you choose. Its Standard STP account is spread-only, while the RAW ECN and PRO ECN accounts charge commissions in exchange for lower spreads. For example, Vantage listed typical EUR/USD spreads of 1.30 pips on its Standard account and about 0.15 pips on its Raw account, plus a $3 commission per side ($6 round turn). The PRO account is the cheapest of the three, with a $2 commission per side ($4 round turn), though it comes with higher opening requirements. Vantage is rated 4.5 out of 5 stars for commissions and fees and ranks #12 out of 36.
Spreadex also keeps its trading costs fairly simple, relying mainly on spreads rather than commissions for many products. Its average EUR/USD spread was 0.81 pips in January 2024, with a minimum spread of 0.6 pips reached 60% of the time during the month. While that is solid pricing, it does not match Vantage’s best-value accounts for lower-cost active trading. Spreadex is rated 4 out of 5 stars for commissions and fees and ranks #26 out of 36.
Overall, Vantage comes out ahead of Spreadex on commissions and fees thanks to its lower-cost PRO and Raw account options, especially for traders who are comfortable paying commissions to get tighter spreads. Spreadex may still appeal to traders who prefer a straightforward spread-based setup, but Vantage offers stronger value for cost-conscious and higher-volume traders.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.32 | 0.81 |
| All-in Cost EUR/USD - Active | 0.72 | 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.
When it comes to range of investments, Spreadex gives traders far more choice than Vantage. Spreadex offers about 10,000 tradeable symbols, compared with 1,000 at Vantage, which makes it the wider pick overall for people who want access to more markets and products. That said, Vantage does offer slightly more forex pairs, with 61 versus 52 at Spreadex, and both brokers let you trade forex and cryptocurrency CFDs rather than actual coins.
Neither broker offers exchange-traded shares on U.S. or international stock exchanges, so if you want to buy real Apple or Vodafone shares, neither platform is suitable. Vantage does stand out for copy trading, which Spreadex does not provide. In independent ratings for range of investments, Spreadex comes out ahead with 5 stars and a #13 ranking out of 36 brokers, while Vantage scores 3.5 stars and ranks #33.
| 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.
Vantage and Spreadex both give traders access to a free demo account, a proprietary platform, and a web-based trading platform, so each broker makes it easy to test ideas and trade online. Both also let you place trades directly from a chart. In ForexBrokers.com’s Trading Platforms and Tools category, each broker is rated 4 out of 5 stars, though Vantage is ranked higher overall at #20 out of 36 brokers, compared with Spreadex at #35.
Where Vantage stands out is in platform choice and extra tools. It offers a Windows desktop download, MetaTrader 4, MetaTrader 5, and copy trading, giving more options for active traders who want a wider toolkit. Spreadex does not support a desktop download, MT4, MT5, or copy trading, so its platform range is narrower by comparison, even though it still covers the basics well.
| 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 make it easy to trade on the go with iPhone and Android apps, plus stock and forex price alerts. Each app also lets users draw trendlines on charts, and both brokers are rated 4 out of 5 stars for mobile trading apps. One key difference is chart support: Vantage includes 30 technical studies in its mobile app, while Spreadex does not list technical studies in the same way.
For everyday use, Vantage has a slight edge because its app automatically saves chart drawings, which can save time when you return later. Spreadex does not offer auto-saving for drawings, and neither broker syncs watchlists between the mobile app and online account. In ForexBrokers.com’s mobile trading apps ranking, Vantage comes in at #24 out of 36 brokers, ahead of Spreadex at #34.
| 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 give traders a solid set of market research tools. Each broker offers daily market commentary, forex news from top names like Bloomberg and Reuters, Autochartist tools, sentiment data showing long and short positions, and an economic calendar for key global events. Both are also rated 4 out of 5 stars for Research, so on the basics they are closely matched.
The main difference is that Vantage includes Trading Central research tools, such as Technical Analytics, while Spreadex does not. That extra feature may make Vantage more useful for traders who want deeper chart-based signals and idea generation. In ForexBrokers.com’s Research rankings, Vantage places higher at #20 out of 36 brokers, compared with Spreadex at #28 out of 36.
| 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 Vantage and Spreadex for beginner education, both brokers offer at least 10 videos aimed at new traders, and both have a 4-star Education rating. Vantage stands out for beginners because it also provides forex and CFDs education with 10 or more learning pieces, while Spreadex does not meet that same standard based on the information provided. Vantage also runs online client webinars at least once a month, which can be helpful for people who want live guidance and the chance to learn in real time.
Looking beyond the basics, Vantage is stronger for traders who want to keep learning, with at least 10 advanced educational videos and a higher Education ranking from ForexBrokers.com, placing #23 out of 36 brokers compared with Spreadex at #34. Spreadex still offers useful starter videos, but it lacks monthly webinars and does not provide the same depth of forex or CFDs education or advanced learning content. For beginners who want more ways to build skills over time, Vantage has the clearer edge.
| 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
|
Spreadex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 91 | 70 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Vantage | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
| Broker Screenshots | Vantage | Spreadex | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) | 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 | 1.32 | 0.81 | |
| All-in Cost EUR/USD - Active | 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 | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill