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 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) - 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 larger list of tradeable symbols than Vantage, with 10,000 compared with Vantage’s 1,028. That said, Vantage gives traders access to more forex pairs, offering 61 compared with Spreadex’s 52. Both brokers support forex trading as CFDs or spot contracts, and both also let clients trade cryptocurrency CFDs, but neither offers exchange-traded shares on U.S. or international stock exchanges, or the ability to buy actual cryptocurrency.
Vantage stands out for copy trading, which Spreadex does not offer. Even so, Spreadex is rated higher overall for range of investments, with 5 stars versus Vantage’s 3.5 stars, and it also ranks better in ForexBrokers.com’s range of investments category, placing #13 out of 36 brokers compared with Vantage at #33.
| 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 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 offer mobile trading apps for iPhone and Android, and each includes price alerts plus a 4-star rating for mobile trading apps. Both apps also let users draw trendlines on charts, making them useful for traders who want basic technical analysis on the go. In ForexBrokers.com’s ranking of 36 brokers, Vantage comes in at #24 for mobile trading apps, while Spreadex is ranked #34.
Vantage has the edge in a few important areas. Its mobile app includes watchlist syncing, so changes made on the app or in the online account stay matched across both, and it offers 30 technical studies for charting. Vantage also auto-saves chart drawings, which can be helpful when reviewing setups later. Spreadex offers fewer charting details in this category and does not sync watchlists or auto-save drawings, so Vantage is the better choice for traders who want a smoother mobile charting and watchlist experience.
| 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 | 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 offer a good range of market research features, including daily market commentary, sentiment tools showing long and short positioning, and an economic calendar with key global events. Both are also rated 4 out of 5 stars for research, which puts them on a similar footing for everyday traders looking for basic market insight.
The main differences come down to the depth and sources of their research. Spreadex stands out for providing forex news from top-tier names such as Bloomberg, Reuters, and Dow Jones, plus Autochartist tools for technical and fundamental analysis. Vantage, by contrast, offers Trading Central tools such as Technical Analytics, which Spreadex does not. In ForexBrokers.com’s research rankings, Vantage places higher at #20 out of 36 brokers, while Spreadex ranks #28 out of 36.
| 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 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
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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 Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | 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) | 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 | |
|---|---|---|---|
| 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 | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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