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 |
Comparing commissions and fees, Vantage and TopFX both price near the industry average, but their best deals land in different places. Vantage earns 4.5 out of 5 stars for commissions and fees and ranks #20 of 63 brokers at ForexBrokers.com, while TopFX scores 4 out of 5 stars and ranks #41 of 63.
Vantage offers three accounts: the spread-only Standard STP, and the commission-based RAW ECN and PRO ECN. Based on the data provided, the Standard account showed typical EUR/USD spreads of 1.30 pips (March 2023). The RAW account averaged 0.15 pips plus a $3 commission per side ($6 round turn), for an all-in cost of about 0.75 pips. The PRO ECN account is Vantage’s lowest-cost option with $2 per side ($4 round turn), though eligibility varies by entity (e.g., wholesale status in Australia or a $10,000 minimum via the Cayman entity). Vantage’s Active Trader program pays rebates of $2–$8 per standard lot based on balance and volume (tiers start at $10,000 and go up to $300,000), but it applies only to the higher-spread Standard account.
TopFX offers two accounts on MetaTrader and cTrader: the commission-free ZERO account and the commission-based RAW account. In July 2024, ZERO averaged 1.03 pips on EUR/USD, while RAW averaged 0.33 pips plus a 2.75 EUR commission per side (5.50 EUR round turn), putting all-in costs around 0.88 pips—about in line with the industry average. Minimum deposit depends on your payment method. In a head-to-head on low-cost trading, Vantage’s RAW (about 0.75 pips) and especially PRO ECN (lower commissions) can undercut TopFX’s RAW (about 0.88 pips), whereas TopFX’s ZERO account offers tighter quoted spreads than Vantage’s Standard (1.03 vs. 1.30 pips in the cited periods).
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Minimum Deposit | $50 | Depends on payment method |
| Average spread (EUR/USD) - Standard account | 1.30 | 1.03 |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage and TopFX both support forex trading as CFDs/spot and offer crypto CFDs. Vantage lists about 1,000 tradeable symbols with 61 forex pairs, while TopFX provides 655 symbols and 60 pairs. Neither broker offers exchange-traded U.S. shares like Apple or international shares like Vodafone; equity access is limited to derivatives. Copy trading is available with both, and neither allows buying actual cryptocurrency.
For range of investments, both earn 3.5 out of 5 stars. In ForexBrokers.com’s 63-broker review, TopFX ranks #47 and Vantage ranks #51. Choose Vantage if a larger overall symbol list matters; choose TopFX if you’re fine with slightly fewer markets but want a similar forex lineup and a marginally better category ranking.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 655 |
| Forex Pairs (Total) | 61 | 60 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| 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 TopFX both cover the basics for trading platforms and tools. Each broker offers a free demo account for paper trading, a web-based platform and a Windows desktop download, copy trading, MetaTrader 4 (MT4), and the ability to trade directly from charts. The number of built-in technical indicators and the number of watchlist fields were not specified for either broker.
The key differences are platform choice and MetaTrader support. Vantage provides its own proprietary platform and also supports MetaTrader 5 (MT5), while TopFX does not offer a proprietary platform or MT5. Despite both earning 4 stars for Trading Platforms and Tools from ForexBrokers.com, Vantage ranks higher (#21 of 63) than TopFX (#46 of 63). If you want MT5 and an extra in-house platform, Vantage may be the better fit; if MT4 with web and desktop access is all you need, either broker will do.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and TopFX both offer mobile trading apps for iPhone and Android, with key tools traders expect. Each app supports price alerts, 30 technical indicators for charting, the ability to draw trendlines, and auto-saving of chart drawings. One limitation is the same for both: watchlists created in the app don’t sync with your web account, so changes won’t carry over between devices.
In terms of quality scores, both brands earn 4 out of 5 stars for Mobile Trading Apps. However, their category rankings differ: Vantage is ranked #29 out of 63 brokers by ForexBrokers.com, while TopFX is ranked #52. If rankings matter to you, Vantage edges ahead; if you just need core mobile features like alerts, indicators, and drawing tools, both apps deliver a similar experience.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Vantage vs TopFX for market research: Vantage stands out by offering daily market commentary, while TopFX does not. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and they include popular tools such as Autochartist and Trading Central. Each also provides a sentiment tool that shows the long/short ratio across instruments and an economic calendar for upcoming events. Vantage does not integrate TipRanks or Acuity Trading; TopFX’s access to those providers is not specified.
Independent ratings reflect these differences: Vantage earns 4 stars for Research and ranks #22 out of 63 brokers on ForexBrokers.com, whereas TopFX scores 3 stars and ranks #61. If you want frequent in-house commentary paired with news and established analysis tools, Vantage is the stronger pick; if you only need core third-party tools and an economic calendar, both brokers cover those needs.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, Vantage offers a stronger learning experience. It provides at least 10 beginner videos and at least 10 advanced videos that explain trading basics and more complex strategies, plus online client webinars at least once a month. This breadth helps Vantage earn a 4-star Education rating and a #24 ranking out of 63 brokers from ForexBrokers.com.
TopFX trails in beginner-friendly resources. It does not host monthly educational webinars and does not meet the 10-video threshold for beginner or advanced topics. That leaner lineup is reflected in its 3-star Education rating and a #62 ranking out of 63. If you want a clearer, video-led learning path with regular webinars for forex and CFDs, Vantage is likely to suit beginners better than TopFX.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 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
|
TopFX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 90 | 67 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Online brokers Vantage and TopFX do not offer buying actual (delivered) cryptocurrencies, but both provide access to trade cryptocurrency CFDs.
Vantage vs TopFX: Vantage supports deposits and withdrawals via PayPal, Skrill, and bank wire but not ACH/SEPA, while TopFX also lacks ACH/SEPA and has no specified support here for PayPal, Skrill, Visa/Mastercard, or bank wires.
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 | TopFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
| Broker Screenshots | Vantage | TopFX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) | |||
| 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) | |||
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 655 | |
| Forex Pairs (Total) | 61 | 60 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.30 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | TopFX | |
|---|---|---|---|
| Minimum Deposit | $50 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes |
| Trading Tools | Vantage | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Vantage | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | TopFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | Vantage | TopFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill