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 |
Vantage offers a variety of account options, allowing traders to choose between spread-only and commission-based plans. The Standard STP account features typical spreads of 1.30 pips on EUR/USD, while the RAW ECN account offers tighter average spreads of 0.15 pips, alongside a $6 commission per round turn. For those seeking more competitive pricing, the PRO ECN account provides a lower commission of $4 per round turn, though it requires meeting certain criteria. An active trader program offers rebates based on balance and trading volume but is only available for the Standard account. Vantage is well-regarded, earning a 4.5-star rating and ranking #19 out of 63 brokers for commissions and fees.
Spreadex presents a straightforward fee structure with average spreads of 0.81 pips for EUR/USD and a minimum spread of 0.6 pips, achieved 60% of the time in a typical month. This simplicity makes Spreadex accessible for those who prefer a more transparent pricing model without complex commission structures. Though not as highly rated as Vantage, Spreadex still holds a respectable 4-star rating and ranks at #27 out of 63 brokers in the Commissions and Fees category.
In summary, Vantage provides varied account options with a focus on flexibility and potential rebates for active traders, while Spreadex offers consistency and simplicity in its fee model. Both brokers have their unique strengths, with Vantage standing out for those who can meet account requirements and Spreadex appealing to traders who prefer predictable pricing. Regardless of the choice, both platforms maintain strong reputations in the competitive trading landscape.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average Spread EUR/USD - Standard | 1.30 | 0.81 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When exploring investment opportunities with Vantage and Spreadex, you'll find that both brokers offer forex trading as CFDs, with Vantage providing 61 forex pairs and Spreadex slightly fewer at 52 pairs. Despite this, Spreadex vastly outpaces Vantage in terms of overall tradeable symbols, presenting investors with a whopping 10,000 options compared to Vantage's 1,000. Neither broker enables clients to purchase exchange-traded securities directly on U.S. or international exchanges, which means investors won't be able to directly buy shares in major companies like Apple or Vodafone.
Both brokers allow trading of cryptocurrency derivatives, yet the option to purchase actual cryptocurrencies is not provided. An advantage for Vantage is its integration of copy trading services, absent in Spreadex, which can be beneficial for those looking to follow seasoned investors. When assessed by ForexBrokers.com, Spreadex receives high marks, earning a 5-star rating and ranking 13th among 63 brokers, whereas Vantage scores 3.5 stars and holds the 50th position. This analysis makes Spreadex a more extensive choice for those prioritizing a wide range of investment opportunities.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 61 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
When it comes to trading platforms and tools, both Vantage and Spreadex offer unique advantages for traders. Vantage stands out with its comprehensive offerings, including simulated trading through a free virtual demo account and a proprietary platform that can be installed on Windows desktops. It also provides popular third-party platforms like MetaTrader 4 and 5, as well as DupliTrade for those interested in copy trading. While its charting tools are limited to 15 drawing tools, Vantage allows trading directly from stock charts and offers 7 customizable fields for watch lists.
Spreadex, on the other hand, provides a user-friendly proprietary web-based trading platform, making it accessible without needing a desktop download. Although it lacks support for MetaTrader platforms, Spreadex offers a healthy set of 11 drawing tools for charting, along with the ability to trade directly from stock charts. Its watch lists are slightly more robust with 8 columns available for customization. Despite both having a 4-star rating for their platforms, Vantage ranks higher at #21 compared to Spreadex's #46 out of 63 brokers according to ForexBrokers.com. Those looking for a more integrated trading experience with external platforms might lean towards Vantage, whereas traders who prefer web-based access might find Spreadex more aligned with their needs.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 15 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and Spreadex deliver fully functional mobile trading apps designed for iPhone and Android users, complete with essential features such as stock or forex price alerts and the ability to draw trendlines on charts. Whether you're tracking equity or currency trends, these apps allow you to view multiple time frames like daily or weekly, catering to traders who need diversified data analysis on-the-go. Each app offers real-time quote watchlists, but lacks the feature to sync these with online accounts, meaning you have to update lists manually across platforms.
Vantage's mobile app comes equipped with 30 technical studies for chart analysis and has the handy feature of auto-saving chart drawings, a step ahead of Spreadex, which does not auto-save. Despite both platforms receiving a four-star rating for their mobile apps, Vantage edges ahead in industry rankings, placed at #28 compared to Spreadex's #46 position by ForexBrokers.com. If structured technical analysis with automated tools is crucial to your trading experience, Vantage might offer an extra layer of convenience over Spreadex.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Vantage and Spreadex in terms of market research offerings, both brokers provide daily market commentary and access to forex news from leading sources like Bloomberg and Reuters. They also both offer tools from Autochartist, designed to enhance technical analysis and fundamental research for traders. However, Vantage stands out by providing additional resources from Trading Central, which includes valuable technical analytics, an advantage that Spreadex does not share. Both brokers provide sentiment-based trading tools that outline the ratio of long and short positions on various instruments and offer comprehensive economic calendars to keep traders informed about significant global news events.
Despite both brokers receiving a commendable four-star rating for research, Vantage holds a marginal edge in rankings, coming in at #21 out of 63 brokers on ForexBrokers.com, while Spreadex ranks #31. This slight advantage may be attributed to Vantage's broader research offerings, notably the inclusion of Trading Central tools. Despite these differences, neither broker provides research insights from TipRanks or Acuity Trading, keeping their resources somewhat evenly matched in these areas. Whether you choose Vantage or Spreadex, both platforms ensure traders are equipped with essential market insights and analytic tools for informed decision-making.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Vantage and Spreadex based on educational resources for beginners, Vantage tends to offer a more comprehensive selection. Both platforms provide a minimum of 10 educational pieces focused on forex and CFDs, including articles and videos, which is great for newcomers eager to learn about trading. However, Vantage stands out by offering regular online webinars each month, an advantage for those who value live learning sessions. Additionally, Vantage provides access to an archive of past webinars, allowing users to revisit topics at their convenience. Although both brokers cater to beginners with at least 10 introductory videos, Vantage also extends its resources to more advanced topics, offering over 10 educational videos for experienced traders.
Both Vantage and Spreadex include an investor dictionary covering over 50 investing terms, a helpful tool for traders at any experience level. Despite offering similar foundational resources, Vantage's additional features, including webinars and advanced videos, contribute to a more versatile learning environment. While both brokers receive a four-star rating in education, Vantage achieves a higher ranking in the educational category by ForexBrokers.com, coming in at #24 out of 63 brokers compared to Spreadex's #45. These rankings indicate that while both brokers are committed to education, Vantage provides a broader range of tools to support learning and growth, particularly for those seeking a deeper dive into trading beyond the basics.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| 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 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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| Trust Score | 90 | 71 |
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Both Vantage and Spreadex do not offer the ability to buy actual (delivered) cryptocurrencies, but they both provide options to buy cryptocurrency derivatives.
When comparing online brokers, Vantage provides more versatile payment options including PayPal and Skrill, unlike Spreadex, though both allow Visa, Mastercard, and bank wire transactions; 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 | Spreadex | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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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) | No | No | |
| 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) | No | No | |
| 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) | No | No |
| Investments | Vantage | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 10000 | |
| Forex Pairs (Total) | 61 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 15 | 11 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Spreadex | |
|---|---|---|---|
| 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 | 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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