Written by ForexBrokers.com
In this head to head comparison of Vantage vs TopFX, 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 the online broker Vantage to TopFX, it's clear that both have their strengths and weaknesses, but stand apart in matters of trust and security. Vantage, founded in 2009, holds a ForexBrokers.com Trust Score of 90, reflecting a highly trusted status. This is supported by its possession of two Tier-1 licenses and one Tier-2 license, ensuring reliable oversight. In contrast, TopFX, established in 2010, has a Trust Score of 67, indicating a high-risk profile. TopFX holds one Tier-1 license but lacks additional Tier-2 licenses, which may concern potential users.
Neither Vantage nor TopFX is publicly traded or operates as a bank, signaling the need for investors to focus on their regulatory standings. Vantage’s stronger regulatory framework and higher Trust Score make it a more appealing option for those prioritizing security in their trading activities. While TopFX offers a solid foundation, its lower score and fewer licenses may lead risk-averse traders to favor Vantage.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| 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 | 1 |
When evaluating the commissions and fees of online brokers Vantage and TopFX, each offers unique features tailored to different trading preferences. Vantage provides three account types: the Standard STP account with spreads averaging 1.30 pips for EUR/USD, and two commission-based options, RAW ECN and PRO ECN. The RAW ECN account combines an average spread of 0.15 pips with a $6 round-turn commission, totaling 0.75 pips. On the other hand, the PRO ECN account offers even more competitive pricing with a $4 round-turn commission, analogous to other brokers like FP Markets and Tickmill, for traders meeting certain criteria.
TopFX, meanwhile, offers a spread-only ZERO account and a commission-based RAW account across MetaTrader and cTrader platforms. The RAW account's average EUR/USD spread of 0.33 pips, coupled with a 5.50 EUR round-turn commission, brings the total cost to 0.88 pips. The ZERO account forgoes commissions but yields higher spreads, averaging 1.03 pips. This setup makes TopFX's costs align with industry norms but slightly higher compared to Vantage's PRO ECN account.
In terms of ratings and rankings, Vantage holds an impressive 4.5-star rating and ranks 19th out of 63 brokers in the Commissions and Fees category on ForexBrokers.com. In contrast, TopFX has a solid 4-star rating, placing it in the 40th position. For traders prioritizing cost efficiency, Vantage emerges as the more appealing option between the two.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Minimum Deposit | $50 | Depends on payment method |
| Average Spread EUR/USD - Standard | 1.30 | 1.03 |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage and TopFX both provide a range of investment options tailored for traders interested in forex and CFD trading. Both brokers permit trading in forex as either CFDs or spot contracts, catering to various trading preferences. Vantage offers a slightly larger selection of tradable symbols, listing 1,000 compared to TopFX's 655. However, when it comes to forex pairs, Vantage has a minor edge with 61 pairs versus TopFX's 60. Neither broker offers exchange-traded securities on U.S. or international exchanges, which means clients cannot directly buy stocks like Apple or Vodafone. Additionally, neither offers actual cryptocurrency purchases, but both provide cryptocurrency derivatives for those interested in trading digital assets.
Both brokers support copy trading, offering opportunities for clients to replicate successful trading strategies. Despite these similarities, it is notable that both Vantage and TopFX received the same star rating of 3.5 out of five stars from ForexBrokers.com for their range of investments. In terms of ranking, TopFX holds a slightly higher position, ranked at 46 out of 63 brokers, compared to Vantage's placement at 50. This suggests subtle differences in their investment offerings might influence trading experiences or preferences among individual traders.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 655 |
| Forex Pairs (Total) | 61 | 60 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| 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 comparing the trading platforms and tools between Vantage and TopFX, both brokers offer a solid selection that caters to different trading needs. Vantage stands out with its proprietary platform, providing traders with a unique interface developed in-house, while TopFX lacks this feature. Both brokers support simulated trading with virtual demo accounts, offer Windows-based desktop and web-based trading platforms, and include MetaTrader 4 (MT4) in their offerings. However, Vantage offers MetaTrader 5 (MT5) and DupliTrade, which TopFX does not. This could be significant for traders who require the advanced features of MT5 or the automated trading capabilities of DupliTrade.
In terms of charting tools, both Vantage and TopFX provide 15 drawing tools and the ability to trade directly from stock charts. Watch list customization is also comparable, with both brokers supporting seven columns. They both offer copy trading services, catering to traders interested in mirroring the trades of experienced investors. Rated four stars out of five for their trading platforms and tools, Vantage ranks higher than TopFX at #21 compared to #45 out of 63 brokers assessed by ForexBrokers.com. These rankings highlight Vantage’s more comprehensive platform offerings, making it a potentially better choice for traders seeking a platform with broader capabilities.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Vantage and TopFX, both platforms offer iPhone and Android apps with features such as stock or forex price alerts, trendline drawing on charts, and the ability to view multiple time frames including daily, weekly, and intraday. Additionally, both Vantage and TopFX provide users with access to 30 technical studies for charting, enhance their trading experience with real-time watchlists, and auto-save chart drawings. However, a notable drawback for both apps is the lack of watchlist symbol syncing, which means you won't see updates made on one platform reflected on the other.
In terms of ratings, Vantage outshines TopFX slightly, with a higher ranking in the mobile trading apps category. Vantage earns a solid 4-star rating and is ranked 28th out of 63 brokers on ForexBrokers.com, while TopFX matches the 4-star rating but ranks lower at 51st. As both brokers offer a similar set of features, the choice may come down to personal preference and user experience. Whether you're tracking markets on the go or analyzing trends with various technical tools, both apps provide a comprehensive trading environment for their users.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Vantage and TopFX in terms of market research offerings, both brokers provide essential tools to assist traders. Vantage stands out by offering daily market commentary, unlike TopFX, enhancing its value for traders who seek up-to-date insights. Both platforms deliver forex news from notable sources such as Bloomberg and Reuters, ensuring traders receive timely and reliable information. Additionally, both Vantage and TopFX support advanced tools like Autochartist and Trading Central, providing comprehensive technical and fundamental analysis capabilities.
Vantage and TopFX both offer sentiment-based trading tools and economic calendars, aiding in informed decision-making. However, neither broker includes market research from TipRanks or tools from Acuity Trading. Vantage edges out TopFX with a higher research rating of 4 stars compared to TopFX's 3 stars. Furthermore, ForexBrokers.com ranks Vantage at #21 for research among 63 brokers, showing a stronger standing over TopFX, which is ranked at #60.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | Yes |
| 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 the educational resources available to beginners from Vantage and TopFX, Vantage emerges as the more comprehensive platform. Vantage meets the needs of beginners with an array of over 10 educational pieces focusing on forex and CFDs. Additionally, the platform offers online educational webinars at least once a month, and provides a searchable archive of these sessions for future reference. The available resources include more than 10 beginner and advanced trading videos, catering to both novice and experienced traders. Vantage also offers an investor dictionary with definitions for over 50 investing terms, ensuring a strong foundational understanding. Rated 4 stars for education and ranked #24 out of 63 brokers by ForexBrokers.com, Vantage stands out for its educational support.
On the other hand, TopFX falls short in several key educational areas. It does not offer the minimum 10 educational pieces focused on forex or CFDs, lacks monthly online educational webinars, and does not provide a searchable archive for past webinars. The broker also does not meet the threshold for beginner or advanced trading videos, nor does it offer an investor dictionary with at least 50 investing terms. With a rating of 3 stars and a rank of #61 in the education category among 63 brokers, TopFX offers limited educational resources compared to Vantage, making it less ideal for beginners seeking thorough educational support.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 TopFX. Vantage finished with an overall rank of #26, while TopFX finished with an overall rank of #62.
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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TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 67 |
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Both Vantage and TopFX provide the capability to buy cryptocurrency derivatives but do not offer the option to purchase actual (delivered) cryptocurrency.
When comparing online brokers Vantage and TopFX, both platforms do not support ACH or SEPA transfers for depositing or withdrawing account funds, but they do offer similar options such as PayPal, Skrill, Visa or Mastercard, and bank wire transfers for ease of transactions.
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 | TopFX | |
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| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
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| Regulation | Vantage | TopFX | |
|---|---|---|---|
| Trust Score | 90 | 67 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | TopFX | |
|---|---|---|---|
| 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 | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 655 | |
| Forex Pairs (Total) | 61 | 60 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | TopFX | |
|---|---|---|---|
| Minimum Deposit | $50 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | TopFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | TopFX | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Vantage | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | Vantage | TopFX | |
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| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
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