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Vantage vs TopFX 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is Vantage better than TopFX? In our analysis of 23 international regulators across 39 of the best forex brokers, Vantage is considered average-risk, with an overall Trust Score of 83 out of 99. TopFX is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Overall RatingVantageTopFXIG
Overall Rating4 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars5 Stars
Offering of Investments3.5 Stars3.5 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars3 Stars5 Stars
Education3.5 Stars3 Stars5 Stars
Trust Score836799
Winnercheck_circle
ReviewVantage ReviewTopFX ReviewIG Review
RegulationVantageTopFXIG
Trust Score836799
Year Founded200920101974
Publicly Traded (Listed)NoNoYes
BankNoNoYes
Tier-1 Licenses207
Tier-2 Licenses012
Tier-3 Licenses201
Authorised in European UnionYesNoYes
About RegulationA โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)VantageTopFXIG
ASIC Authorised (Australia)YesNoYes
IIROC Authorised (Canada)NoNoNo
SFC Authorised (Hong Kong)NoNoNo
CBI Authorised (Ireland)NoNoNo
FSA Authorised (Japan)NoNoYes
MAS Authorised (Singapore)NoNoYes
FINMA Authorised (Switzerland)NoNoYes
FCA Authorised (U.K.)YesNoYes
CFTC Registered (USA)NoNoYes
FMA Authorised (New Zealand)NoNoYes
Tier-2 Licenses (Average Trust)VantageTopFXIG
CBRC Authorised (China)NoNoNo
CySEC Authorised (Cyprus)NoYesNo
SEBI Authorised (India)NoNoNo
ISA Authorised (Israel)NoNoNo
CBR Authorised (Russia)NoNoNo
FSCA Authorised (South Africa)NoNoYes
SEC Authorised (Thailand)NoNoNo
DFSA / Central Bank Authorised (UAE)NoNoYes
Tier-3 Licenses (Low Trust)VantageTopFXIG
SCB Authorised (Bahamas)NoNoNo
IFSC Authorised (Belize)NoNoNo
CIMA Authorised (Cayman Islands)YesNoNo
BMA Authorised (Bermuda)NoNoYes
FSC Authorised (British Virgin Islands)NoNoNo
FSC Authorised (Mauritius)NoNoNo
VFSC Authorised (Vanuatu)YesNoNo
InvestmentsVantageTopFXIG
Forex Trading (Spot or CFDs)YesYesYes
Tradeable Symbols (Total)25765519537
Forex Pairs (Total)4460100
U.S. Stock Trading (Non CFD)NoNoYes
Int'l Stock Trading (Non CFD)NoNoYes
Social Trading / Copy TradingYesYesYes
Cryptocurrency (Physical)NoNoNo
Cryptocurrency (CFD)YesYesYes
DisclaimersNote: 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).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).
CostVantageTopFXIG
Average Spread EUR/USD - Standard1.22 (August 2021)N/A0.86 (September 2022)
All-in Cost EUR/USD - Active0.75 (August 2021)N/A0.5957 (September 2022)
Active Trader or VIP DiscountsYesNoYes
Execution: Agency BrokerYesNoYes
Execution: Market MakerYesYesYes
FundingVantageTopFXIG
Minimum Initial Deposit$50Depends on payment methodยฃ250.00
PayPal (Deposit/Withdraw)NoYesYes
Skrill (Deposit/Withdraw)YesYesNo
Visa/Mastercard (Credit/Debit)YesYesYes
Bank Wire (Deposit/Withdraw)YesYesYes
Trading PlatformsVantageTopFXIG
Proprietary PlatformYesNoYes
Desktop Platform (Windows)YesYesYes
Web PlatformYesYesYes
Social Trading / Copy TradingYesYesYes
MetaTrader 4 (MT4)YesYesYes
MetaTrader 5 (MT5)YesNoNo
cTraderNoYesNo
DupliTradeYesNoNo
ZuluTradeYesNoNo
Trading ToolsVantageTopFXIG
Virtual Trading (Demo)YesYesYes
Alerts - Basic FieldsYesYesYes
Watchlists - Total Fields7714
Charting - Indicators / Studies (Total)303033
Charting - Drawing Tools (Total)151520
Charting - Trade From ChartYesYesYes
Charts can be savedYesYesYes
Mobile TradingVantageTopFXIG
Android AppYesYesYes
Apple iOS AppYesYesYes
Mobile Alerts - Basic FieldsYesYesYes
Mobile WatchlistYesYesYes
Watchlist SyncingNoNoYes
Mobile Charting - Indicators / Studies303033
Mobile Charting - Draw TrendlinesYesYesYes
Mobile Charting - Multiple Time FramesYesYesYes
Mobile Charting - Drawings AutosaveYesYesYes
Forex CalendarYesYesYes
ResearchVantageTopFXIG
Daily Market CommentaryYesNoYes
Forex News (Top-Tier Sources)YesYesYes
AutochartistNoYesYes
Trading Central (Recognia)YesYesNo
Social Sentiment - Currency PairsYesYesYes
Economic CalendarYesYesYes
EducationVantageTopFXIG
Has Education - Forex or CFDsYesNoYes
Client WebinarsYesNoYes
Client Webinars (Archived)NoNoYes
Videos - Beginner Trading VideosNoNoYes
Videos - Advanced Trading VideosNoNoYes
Investor Dictionary (Glossary)YesNoYes
Major Forex PairsVantageTopFXIG
GBP/USDYesYesYes
USD/JPYYesYesYes
EUR/USDYesYesYes
USD/CHFYesYesYes
USD/CADYesYesYes
NZD/USDYesYesYes
AUD/USDYesYesYes
ReviewVantage ReviewTopFX ReviewIG Review
OverallVantageTopFXIG
Overall Rating4 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars5 Stars
Offering of Investments3.5 Stars3.5 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars3 Stars5 Stars
Education3.5 Stars3 Stars5 Stars
Trust Score836799
Winnercheck_circle
ReviewVantage ReviewTopFX ReviewIG Review
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Vantage vs TopFX Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare Vantage vs TopFX.

Does Vantage or TopFX offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG offers better pricing overall for traders.

Is Vantage or TopFX safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Vantage holds 2 global Tier-1 licenses, while TopFX holds 0. TopFX holds 1 global Tier-2 licenses, while Vantage holds 0. In our analysis of 23 international regulators across 50 brokers, Vantage earned a higher Trust Score than TopFX.

Which trading platform is better: Vantage or TopFX?

To compare the trading platforms of both Vantage and TopFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Vantage and TopFX offer MetaTrader 4 (MT4).Vantage and TopFX both offer copy trading.

How many forex pairs and CFDs are available to trade?

TopFX provides traders 60 currency pairs (e.g., EUR/USD) compared to Vantage's 44 available pairs. Forex pairs aside, TopFX offers traders access to 655 CFDs while Vantage has 257 available CFDs, a difference of 398.

Can I trust Vantage?

Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and two tier-3 regulator (low trust). Vantage is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust TopFX?

TopFX is not publicly traded and does not operate a bank. TopFX is authorised by zero tier-1 regulators (high trust) and one tier-2 regulator (average trust).

Is Vantage good?

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.

Is TopFX good?

TopFX offers the MetaTrader and cTrader platform suites, and grants access to a medium range of CFD markets and forex pairs. However, TopFX struggles to compete with the best brokers in several categories, including market research and education.

Overall winner: IG

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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