Written by ForexBrokers.com
In this head to head comparison of Vantage vs Spreadex, 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.
If you’re comparing online brokers Vantage and Spreadex on regulation and trust, Vantage earns a 91/99 ForexBrokers.com Trust Score, which is considered highly trusted (90–99), while Spreadex scores 70/99, which falls into the average risk range (70–79). Both firms are private (not publicly traded) and are not banks.
Vantage, founded in 2009, holds two Tier-1 licenses (considered highly trusted by ForexBrokers.com) and one Tier-2 license (trusted). Spreadex, founded in 1999, holds one Tier-1 license and no Tier-2 licenses. This licensing mix helps explain the gap between their Trust Scores.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Year Founded | 2009 | 1999 |
| 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 | 0 |
When comparing commissions and fees, Vantage comes out ahead of Spreadex for most traders. Vantage offers three account types: a spread-only Standard STP account and two commission-based accounts, RAW ECN and PRO ECN. Its pricing is generally in line with the industry average, though it does not match low-cost leaders like Saxo, IG, or CMC Markets. On the Standard account, Vantage showed typical EUR/USD spreads of 1.30 pips, while the RAW account averaged 0.15 pips plus a $3 commission per side, or $6 round turn. The PRO account is Vantage’s best-priced option, with a $2 commission per side, but it has higher opening requirements depending on the entity. Vantage is rated 4.5 out of 5 stars and ranks #12 out of 36 brokers for commissions and fees.
Spreadex is simpler in structure, with pricing focused mainly on spreads rather than separate commission-based account types. In January 2024, its average EUR/USD spread was 0.81 pips, with the minimum spread of 0.6 pips available 60% of the time during the month. While that is competitive, Spreadex still trails Vantage in the overall commissions and fees category. Spreadex is rated 4 out of 5 stars and ranks #25 out of 36 brokers.
In plain terms, Vantage may be the better fit if you want more account choices and lower-priced options for active or higher-volume trading, especially if you can qualify for the PRO account. Spreadex may appeal to traders who prefer a straightforward spread-based setup, but its overall fees score and ranking are lower than Vantage’s.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.32 | 0.81 |
| All-in Cost EUR/USD - Active | 0.72 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Spreadex offers a much larger list of tradable markets than Vantage, with 10,000 symbols compared with Vantage’s 1,000. Vantage does edge ahead in forex pair selection, offering 61 pairs versus Spreadex’s 52, and both brokers support forex trading as a CFD or spot contract. Neither broker offers access to exchange-traded shares on U.S. or international stock exchanges, and neither lets clients buy actual cryptocurrency.
Both brokers do offer cryptocurrency CFDs, but Vantage stands out by also offering copy trading, which Spreadex does not. Even so, Spreadex is rated higher overall for range of investments, scoring 5 stars and ranking #13 out of 36 brokers, while Vantage is rated 3.5 stars and ranks #32 out of 36.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 61 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| 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 Spreadex both give traders a choice of a web-based platform, a free demo account for simulated trading, and their own proprietary platform. Both also let you place trades directly from a stock chart, which can make it easier to act on price moves quickly. In ForexBrokers.com’s Trading Platforms and Tools review, each broker earns 4 out of 5 stars, but Vantage places higher overall, ranking #20 out of 36 brokers compared with Spreadex at #34.
Where Vantage stands out is in platform variety: it offers a Windows desktop download, copy trading, and support for both MetaTrader 4 and MetaTrader 5. Spreadex does not offer a Windows desktop platform, copy trading, MT4, or MT5, so its toolkit is more limited. For traders who want more platform choices and extra features, Vantage has the edge, while Spreadex may suit those who are happy with a simpler setup.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and Spreadex both give traders mobile access with iPhone and Android apps, plus stock and forex price alerts. Each app also lets users draw trendlines on charts, and neither broker offers watchlist symbol syncing between the mobile app and the online account. That means watchlists do not update automatically across devices for either broker.
Where Vantage stands out is charting inside its mobile app. It offers 30 technical studies and automatically saves chart drawings, which can make it easier to pick up where you left off. Spreadex does not list technical studies for its mobile app and does not auto save drawings. Still, both brokers earn 4 out of 5 stars for mobile trading apps, with Vantage ranked #24 out of 36 brokers by ForexBrokers.com, compared with #33 for Spreadex.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Vantage and Spreadex both give traders a good range of market research tools, including daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, as well as an economic calendar for tracking upcoming global events. Each broker also offers Autochartist and a sentiment tool that helps show whether traders are mostly buying or selling a given market.
Where Vantage has the edge is in Trading Central, which Spreadex does not offer. Neither broker provides TipRanks or Acuity Trading tools. Both are rated 4 stars for Research, but Vantage is ranked higher by ForexBrokers.com at #20 out of 36 brokers, compared with Spreadex at #27.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, Vantage has a clear edge over Spreadex in a few important areas. Vantage offers forex and CFDs learning material, runs online educational client webinars at least once a month, and provides 10+ beginner videos as well as 10+ advanced videos for more experienced traders. Spreadex also offers 10+ beginner videos, but it does not appear to provide monthly educational webinars or the same level of advanced video content, and it does not offer forex or CFDs education at the minimum level described here.
Both brokers are rated 4 out of 5 stars for Education, but Vantage is placed higher in ForexBrokers.com’s Education ranking, coming in at #23 out of 36 brokers compared with Spreadex at #33. For new traders who want more ways to learn, especially through webinars and a wider range of topic depth, Vantage looks like the stronger choice overall.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 Spreadex. Vantage finished with an overall rank of #24, while Spreadex finished with an overall rank of #32.
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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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 91 | 70 |
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Vantage vs Spreadex: Neither online broker offers direct, delivered cryptocurrency purchases, but both support trading cryptocurrency CFDs.
Vantage vs Spreadex: For deposits and withdrawals, both brokers do not support ACH or SEPA but do accept bank wire transfers; Vantage also supports PayPal and Skrill while Spreadex does not, and Visa/Mastercard availability is not specified.
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 | Spreadex | |
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| Trust Score | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
| Broker Screenshots | Vantage | Spreadex | |
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| Regulation | Vantage | Spreadex | |
|---|---|---|---|
| Trust Score | 91 | 70 | |
| Year Founded | 2009 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | No |
| Tier-2 Licenses (Trusted) | Vantage | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Vantage | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 10000 | |
| Forex Pairs (Total) | 61 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.32 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.72 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Vantage | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Vantage | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Vantage | Spreadex | |
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| Trust Score | 91 | 70 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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