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 and Spreadex take different approaches to commissions and fees. Vantage earns 4.5/5 stars and ranks #12 of 63 for Commissions and Fees at ForexBrokers.com; Spreadex earns 4/5 stars and ranks #25 of 63. Vantage’s costs vary by account type and by which Vantage entity holds your account, while Spreadex uses spread-only pricing.
At Vantage, the Standard STP account is spread-only, with typical EUR/USD spreads around 1.30 pips (March 2023). The RAW ECN account averages 0.15 pips plus a $3 commission per side ($6 round turn), for about 0.75 pips all-in. The PRO ECN account cuts commission to $2 per side ($4 round turn) and is Vantage’s best-priced option, but eligibility differs by region: in Australia you must qualify as a wholesale client, and under the Cayman Islands entity you need at least $10,000 to fund the account. Overall, Vantage’s pricing is generally in line with the industry average, though its PRO tier can be very competitive.
Spreadex posts an average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum achieved 60% of the time. That makes Spreadex tighter than Vantage’s Standard account, but wider than Vantage’s RAW and PRO accounts once commissions are included. High-volume traders at Vantage can also join an active-trader program that pays rebates of $2 to $8 per standard lot based on balance and monthly volume (tiers range from $10,000 to $300,000 in equity), though it applies only to the Standard account, which already has the highest spreads.
| 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.
Vantage vs Spreadex: When it comes to the range of investments, Spreadex lists about 10,000 tradeable symbols compared with Vantage’s 1,000. Both brokers let you trade forex as CFDs or spot, and both support crypto via CFDs (but not actual coins). Neither broker lets you buy real, exchange-traded shares on U.S. or international exchanges. For forex pairs specifically, Vantage offers 61 versus 52 at Spreadex, so FX traders may find slightly more currency choice with Vantage.
Feature-wise, Vantage includes copy trading, while Spreadex does not. In independent reviews for range of investments, Spreadex earns 5/5 stars (ranked #13 of 63), while Vantage scores 3.5/5 stars (ranked #32 of 63). Choose Spreadex if you want a much larger overall market selection, or Vantage if copy trading and a wider list of forex pairs matter more to you.
| 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 offer free demo (paper) accounts and their own proprietary platforms, along with web-based trading and the ability to place trades directly from charts. If you need a Windows desktop download, Vantage provides one, while Spreadex does not. Vantage also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and includes copy trading, whereas Spreadex does not offer MT4, MT5, or copy trading.
Both brokers are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com, but Vantage ranks higher at 20th out of 63 brokers, compared with Spreadex at 34th. Pick Vantage if you want more platform choices—MT4/MT5, copy trading, and a Windows desktop app—while Spreadex can fit traders who prefer a proprietary, browser-based experience and still want a free demo account.
| 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, plus handy price alerts for forex and stocks. Each earns 4 stars for mobile trading, but Vantage ranks higher in ForexBrokers.com’s Mobile Trading Apps category (#24 out of 63) than Spreadex (#33 out of 63). If you’re comparing Vantage vs Spreadex for a mobile-first trading experience, both cover the essentials, but their charting depth differs.
Vantage’s app includes 30 technical studies, lets you draw trendlines, and automatically saves your chart drawings—useful when you switch screens or sessions. Spreadex supports trendline drawing as well, but does not auto-save drawings, and the number of available technical studies isn’t listed. Neither app syncs watchlist symbols between the mobile app and the online account. For traders who value richer charting tools and saved work on the go, Vantage has the edge; for straightforward trading with alerts on iPhone or Android, Spreadex remains a solid option.
| 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 cover the market research basics well. Each provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, sentiment data showing long/short positioning, and an economic calendar for upcoming events. Both also include Autochartist for pattern recognition and trade ideas. Neither broker offers research from TipRanks or Acuity Trading.
The main difference is Trading Central: Vantage includes Trading Central tools, while Spreadex does not. Both are rated 4 out of 5 stars for Research, but Vantage ranks higher on ForexBrokers.com (#20 of 63) than Spreadex (#27 of 63). If you want Trading Central alongside strong core research features, Vantage has the edge; if not, both platforms deliver the essentials for following markets and planning trades.
| 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.
Vantage vs Spreadex for beginner education: both brokers offer at least 10 beginner-friendly videos that explain trading basics for forex and CFDs. Vantage also hosts monthly live client webinars, giving newcomers a chance to learn in real time and ask questions—something Spreadex does not provide.
If you plan to grow your skills, Vantage adds at least 10 advanced trading videos for experienced traders, whereas Spreadex lacks similar depth on the advanced side. While both earn 4 out of 5 stars for Education, Vantage ranks higher (#23 of 63) than Spreadex (#33 of 63) on ForexBrokers.com, making Vantage the stronger pick for ongoing learning.
| 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 #32.
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 |
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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 (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 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 | 1.32 | 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 | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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