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 | 2 | 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 | No | 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.
When it comes to choosing between Vantage and FXOpen for online trading, understanding their range of investments can help you decide which broker suits your needs. Vantage offers a wider selection with 1000 tradeable symbols compared to FXOpen's 87. If your focus is forex trading, Vantage provides 57 forex pairs, while FXOpen offers 25. Both brokers allow forex trading via CFDs or spot contracts, and although neither supports buying actual securities on U.S. or international exchanges, they do offer the option to trade cryptocurrency derivatives. Additionally, both platforms support copy trading, giving users a chance to replicate the trades of experienced investors.
In terms of rankings, Vantage and FXOpen both show strengths and limitations in their investment range. According to ForexBrokers.com, Vantage ranks as the 50th out of 62 brokers based on their range of investments, offering a slightly better position than FXOpen, which ranks 61st. For those evaluating choices based on ratings, Vantage has a 3.5-star rating, while FXOpen earns 3 stars in this category. This comparison highlights Vantage's broader investment choices, making it a preferable option for traders looking for more versatility, whereas FXOpen holds its ground with a more streamlined selection.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 87 |
| Forex Pairs (Total) | 57 | 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 Vantage and FXOpen for trading platforms and tools, both brokers provide comprehensive options to support traders of all levels. Vantage and FXOpen offer free virtual demo accounts, allowing users to practice trading without risk. Both brokers provide Windows-based desktop platforms and web-based interfaces, making it convenient for traders to access their accounts from various devices. They both support popular platforms like MetaTrader 4 and MetaTrader 5, known for their reliable performance and extensive tools. Additionally, Vantage and FXOpen offer copy trading and ZuluTrade, which enhance the social aspect of trading by allowing traders to mimic successful strategies.
Despite these similarities, Vantage offers a proprietary platform developed in-house and provides access to DupliTrade, adding another layer of distinct tools to its arsenal. In terms of charting capabilities, both brokers present 15 drawing tools and the ability to execute trades directly from stock charts. They also provide seven columns for managing watch lists. Vantage is slightly ahead in rankings, sitting at #15 out of 62 brokers in the Trading Platforms and Tools category according to ForexBrokers.com, while FXOpen is at #53. However, both brokers maintain solid reputations with an equal rating of 4 stars in this category, showing that they are capable of meeting the needs of their clients effectively.
| 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 | Yes | 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.
Both Vantage and FXOpen offer mobile apps for iPhone and Android users, providing a convenient option for those who want to trade on-the-go. Both platforms offer stock and forex price alerts, as well as the ability to draw trendlines and view multiple time frames on charts. Each app comes with 30 technical studies for charting, which supports in-depth analysis directly from your smartphone. While both platforms allow users to create watchlists with real-time quotes, neither app syncs these lists with a user's online account.
There are some differences that might influence your choice. Vantage notably auto-saves drawings on charts, a feature not found in FXOpen’s app. In terms of ratings, both mobile apps have achieved a respectable 4-star rating out of 5. However, Vantage edges out FXOpen in the rankings, placed at #26 compared to FXOpen's #54 in the Mobile Trading Apps category by ForexBrokers.com. These distinctions may help you decide which app best suits your trading needs.
| 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 market research, both brokers provide daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. However, Vantage stands out by offering tools from Trading Central, such as Technical Analytics, and a sentiment-based trading tool showing trading positions across currency pairs, whereas FXOpen does not. Despite neither broker providing tools from Autochartist or Acuity Trading, or offering insights from TipRanks, Vantage enhances its research with an economic calendar showcasing current and upcoming global news events.
Rated 4 out of 5 stars for research, Vantage is positioned #24 out of 62 brokers according to ForexBrokers.com, reflecting a stronger research offering compared to FXOpen, which has a 3-star rating and is ranked at #62. The added features and higher ranking suggest that Vantage might be more appealing for traders focusing heavily on in-depth market analysis and insights.
| Feature |
Vantage
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | 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.
When comparing the educational resources for beginners between Vantage and FXOpen, it's clear that Vantage stands out with a wider array of offerings. Vantage provides more than ten educational pieces, including articles, videos, and archived webinars focused on forex and CFDs. They also host monthly webinars and maintain a searchable archive of previously recorded sessions, giving users easy access to past content. Additionally, they offer a comprehensive selection of beginner and advanced educational videos, catering to both newcomers and those with more trading experience. Meanwhile, FXOpen falls short in these areas, lacking the extensive library and regular webinars that Vantage boasts.
Both Vantage and FXOpen do provide an investor dictionary with over 50 investing terms, helping traders familiarize themselves with essential terminology. However, when assessed for educational quality, Vantage comes out on top with a four-star rating, while FXOpen holds a three-star rating. This distinction is reflected in their rankings on ForexBrokers.com, where Vantage is positioned significantly higher at #27 compared to FXOpen's #58 ranking. For beginners looking to step into the trading world, Vantage offers a more comprehensive suite of educational resources to kickstart their journey.
| 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 | 2 | 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) | 57 | 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 | No | 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 | Yes | 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 | No | 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 |
| Overall | Vantage | FXOpen | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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