Written by ForexBrokers.com
In this head to head comparison of Vantage vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Vantage and FXOpen, both established brokers in the online trading world, differ in their level of regulatory trust according to ForexBrokers.com. Vantage, founded in 2009, holds a Trust Score of 90 out of 99, marking it as highly trusted. In contrast, FXOpen, which has been around since 2003, has a Trust Score of 76, considered to present an average risk. Both brokers hold two Tier-1 licenses each, which are also highly trusted. However, Vantage distinguishes itself by also having a Tier-2 license, adding an extra layer of regulatory reassurance. Neither Vantage nor FXOpen is publicly traded or operates as a bank.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
Vantage offers a range of account options that determine its commissions and fees, including the spread-only Standard STP account, as well as the commission-based RAW ECN and PRO ECN accounts. While Vantage's pricing is generally in line with the industry average, it doesn't match the competitive rates provided by industry leaders like Saxo, IG, and CMC Markets. The Standard account features spreads averaging 1.30 pips on EUR/USD, while the RAW account offers tighter spreads of 0.15 pips but includes a $6 round-turn commission, combining to a total cost of 0.75 pips. The PRO account provides the most competitive pricing with a per-side commission of just $2, but it requires meeting specific eligibility criteria depending on the regulating entity, such as the need for a wholesale client classification or a minimum $10,000 account funding. Vantage also rewards active traders with rebates on the Standard account, though this comes with higher spread costs.
In contrast, FXOpen does not provide specific average spread information. However, it holds a four-star rating for its commissions and fees, compared to Vantage's 4.5-star rating. This suggests that while FXOpen offers reasonable pricing, it may not be as attractive as Vantage for those particularly conscious of trading costs. Both brokers have unique offerings, but Vantage seems to edge out FXOpen on both value and pricing structure depending on the type of account chosen.
In the Commissions and Fees category ranked by ForexBrokers.com, Vantage takes a higher position at #19 out of 62 brokers, showcasing its broad appeal and competitive offerings. FXOpen, on the other hand, is positioned at #45, indicating that it might not be the first choice for traders prioritizing low trading costs. Ultimately, traders seeking the best deal might find Vantage to be the more preferable option, especially for those who can leverage its various account types and active trader benefits.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Both Vantage and FXOpen provide options for trading forex either as a Contract for Difference (CFD) or a spot contract, offering flexibility for traders specializing in currency markets. However, when it comes to the number of tradeable symbols, Vantage clearly stands out with a considerable offering of 1,000, compared to FXOpen's 87. If you're focused on forex pairs specifically, Vantage again takes the lead with 61 pairs available, while FXOpen provides just 25. Neither broker offers access to exchange-traded securities on U.S. or international exchanges, so if you’re looking to directly invest in companies like Apple or Vodafone, consider alternatives.
Additionally, both brokers offer the feature of copy trading, which can be highly appealing to those new to trading or those seeking to emulate the strategies of seasoned investors. For those interested in cryptocurrency, both platforms allow trading in derivatives rather than the actual digital currencies. In terms of ratings and rankings, Vantage edges out FXOpen slightly with a 3.5-star rating versus a 3-star rating from ForexBrokers.com, and a ranking of 50th out of 62 brokers, compared to FXOpen's 61st place. If the breadth of investment options is your priority, Vantage might be the preferable choice between the two.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 87 |
| Forex Pairs (Total) | 61 | 25 |
| 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). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Vantage and FXOpen, both brokers provide a range of features suitable for different trading needs. Vantage stands out with a proprietary platform developed in-house, offering a tailored experience that FXOpen does not provide. Both brokers cater to tech-savvy traders with downloadable Windows-based desktop platforms and web-based trading solutions, as well as the popular MetaTrader 4 and MetaTrader 5 platforms. For simulation enthusiasts, each broker offers a free virtual demo account. Vantage provides additional trading tools such as DupliTrade, whereas FXOpen includes ZuluTrade in its offerings.
Charting capabilities are important to any trader, and Vantage and FXOpen both offer 15 drawing tools and the ability to trade directly from stock charts. They also provide comprehensive watch lists, each with seven customizable columns. Although both brokers hold a four-star rating for trading platforms and tools, Vantage's features have garnered it a higher ranking of 21st in the category on ForexBrokers.com, compared to FXOpen's 53rd position. Whether you prefer a unique, proprietary platform or are drawn to ZuluTrade, both brokers have strong offerings to consider.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| 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 | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | Yes |
| 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.
For traders seeking mobile trading platforms, both Vantage and FXOpen offer apps compatible with iPhone and Android, making trading on-the-go accessible to everyone. Their mobile platforms provide essential features such as stock or forex price alerts and the capability to create watchlists with real-time quotes. However, neither platform offers watchlist symbol syncing, which means changes made on mobile apps won't sync with clients' online accounts. Both brokers excel in charting functionalities by offering 30 technical studies and allowing users to draw trendlines and view charts in multiple time frames. A notable advantage of the Vantage app is its ability to auto-save chart drawings, which FXOpen currently lacks.
When rated, both Vantage and FXOpen receive 4 stars for their mobile trading apps. However, when compared across 62 brokers by ForexBrokers.com, Vantage is ranked at #28 while FXOpen is further behind at #54. This ranking difference may influence traders who value user experience and app features in choosing their preferred broker for mobile trading.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Vantage and FXOpen for their market research offerings, both brokers provide daily market commentary and forex news from reputable sources like Bloomberg, Reuters, and Dow Jones. However, Vantage offers additional tools such as the Autochartist and Trading Central resources, which bolster its research capabilities. In contrast, FXOpen does not provide these specific tools. Vantage also includes a sentiment-based trading tool showing the ratio of long or short positions across currency pairs, a feature FXOpen lacks. Both brokers offer an economic calendar displaying current and upcoming global news events.
Vantage is rated 4 stars for its research services, ranking #21 out of 62 brokers according to ForexBrokers.com. FXOpen, meanwhile, receives a 3-star rating and holds the #62 position. Neither broker provides market research from TipRanks or tools from Acuity Trading. The difference in rankings highlights Vantage's more comprehensive research tools and offerings, which cater to traders seeking in-depth analysis and insights.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to dip their toes into the world of trading, Vantage stands out as a resource-laden choice compared to FXOpen. Vantage offers a wealth of educational content focused on forex and CFDs, boasting over ten pieces such as articles, videos, and archived webinars. Additionally, Vantage provides its clients with monthly online educational webinars along with a searchable archive of past sessions, making it easier for traders to learn at their own pace. This online broker also caters specifically to beginners with more than ten comprehensive educational videos designed to guide newcomers through the basic concepts of trading. Furthermore, Vantage enhances its educational offerings with a dictionary of fifty-plus investing terms, catering to ongoing learning needs.
On the other hand, FXOpen does not quite match up when it comes to educational support for beginners. While FXOpen does provide an investor dictionary similar to Vantage, it lacks the comprehensive educational videos and regular webinars that Vantage offers. With a three-star rating for education and positioned at #58 in the Education category by ForexBrokers.com, FXOpen falls behind Vantage, which is rated with four stars and ranks #24 among brokers. For beginners eager to access a rich repository of educational materials and invest in their learning journey, Vantage emerges as the more favorable choice.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| 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 | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than FXOpen. Vantage finished with an overall rank of #26, while FXOpen finished with an overall rank of #54.
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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FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 76 |
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Both Vantage and FXOpen do not provide options for purchasing actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
When comparing the online brokers Vantage and FXOpen, both do not support ACH or SEPA transfers for account deposits and withdrawals; however, Vantage accepts PayPal while FXOpen does not, both platforms accommodate Skrill, Visa or Mastercard, and bank wire transfers for managing funds.
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 | FXOpen | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | Vantage Review |
| Broker Screenshots | Vantage | FXOpen | |
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| Regulation | Vantage | FXOpen | |
|---|---|---|---|
| Trust Score | 90 | 76 | |
| Year Founded | 2009 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Vantage | FXOpen | |
|---|---|---|---|
| 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 | Yes | |
| 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 | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 87 | |
| Forex Pairs (Total) | 61 | 25 | |
| 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). |
| Cost | Vantage | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | FXOpen | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Vantage | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | FXOpen | |
|---|---|---|---|
| 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 | Yes |
| Major Forex Pairs | Vantage | FXOpen | |
|---|---|---|---|
| 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 |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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