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.
When comparing online brokers Vantage and Spreadex, both stand out but in different aspects regarding their establishment and trust ratings. Founded in 2009, Vantage is not publicly traded and isn't a bank, yet it holds a higher position with a Trust Score of 90 out of 99, which is considered highly trusted by ForexBrokers.com. Vantage boasts two Tier-1 licenses, further strengthening its credibility, along with one Tier-2 license, reflecting its committed regulatory compliance.
On the other hand, Spreadex, established in 1999, also operates independently from stock market listings and banking status. With a Trust Score of 71, Spreadex falls into the average risk category according to ForexBrokers.com. It holds one Tier-1 license, indicating a relatively lower level of trust compared to Vantage. Overall, both brokers offer distinct advantages, with Vantage leading in regulatory trustworthiness and compliance, offering clients peace of mind regarding their investments.
| 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 |
Comparing the commissions and fees of Vantage and Spreadex reveals important distinctions. Vantage offers three account types: the Standard STP, RAW ECN, and PRO ECN. While it provides a spread-only Standard account with spreads of 1.30 pips on EUR/USD, its RAW ECN account features more competitive spreads averaging 0.15 pips and a commission of $6 per round turn. The PRO ECN account further reduces per-side commission to $2, making it the most cost-effective choice for those meeting specific criteria, such as a $10,000 minimum deposit under the Cayman Islands entity. Active traders enjoy rebates between $2 to $8 per standard lot. With a solid rating of 4.5 stars for commissions and fees, Vantage ranks 19th among 62 brokers.
On the other hand, Spreadex offers straightforward fee structures with average spreads of 0.81 pips on EUR/USD as observed in January 2024, achieving a minimum spread of 0.6 pips 60% of the time. This makes Spreadex a favorable option for traders seeking consistency in spread pricing. Rated 4 stars for its commissions and fees, Spreadex holds the 30th spot in the ForexBrokers.com rankings among 62 brokers, denoting reliable yet slightly higher costs compared to some competitors.
Overall, Vantage presents a versatile and slightly more cost-competitive choice for traders willing to navigate different account requirements and options. Spreadex offers a simpler and reliable fee structure but with slightly less aggressive pricing. Consider your trading volume, account preferences, and financial thresholds to make an informed decision between these two brokers.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average Spread EUR/USD - Standard | 1.30 | 0.81 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment offerings of Vantage and Spreadex, traders will find that both brokers accommodate forex trading through CFDs or spot contracts. Vantage offers a collection of 1,000 tradeable symbols and 61 forex pairs, whereas Spreadex boasts a more comprehensive selection with 10,000 symbols and 52 forex pairs. Neither brokerage facilitates trading in exchange-traded securities from either U.S. or international exchanges, meaning investors cannot directly purchase shares like Apple or Vodafone through them. For those interested in cryptocurrencies, both platforms allow trading in cryptocurrency derivatives, but neither offers the purchase of actual cryptocurrencies.
Vantage stands out with its support for copy trading, a feature not available with Spreadex. However, when it comes to ratings, Spreadex takes the lead with a 5-star rating for its range of investments, whereas Vantage holds a 3.5-star rating. This difference in ratings reflects their respective rankings by ForexBrokers.com, where Vantage is positioned at #50 and Spreadex at a more favorable #13, showcasing Spreadex's more extensive range of investment options.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 61 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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). | 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 Spreadex, both brokers provide a variety of features to cater to different trading preferences. Both Vantage and Spreadex offer simulated trading with free virtual demo accounts, allowing users to practice strategies before committing real money. Both brokers have developed their own proprietary platforms, and they also provide web-based trading options accessible via any browser. However, Vantage stands out by offering a Windows-based desktop download platform, which Spreadex does not. Additionally, Vantage supports MetaTrader 4 and MetaTrader 5, along with DupliTrade for copy trading, features that Spreadex lacks.
For traders interested in charting tools, Vantage offers more drawing tools than Spreadex, with 15 compared to 11. Both brokers give the option to trade directly from a stock chart, which is a convenient feature for active traders. When it comes to organizing your trading view, Spreadex offers more columns for watch lists than Vantage, with 8 compared to 7. In terms of platform ratings, both Vantage and Spreadex earn 4 out of 5 stars for their trading platforms and tools. However, Vantage is ranked higher at #21 compared to Spreadex at #46 by ForexBrokers.com, suggesting a slight edge in overall platform offerings and user satisfaction.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 15 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Vantage and Spreadex offer a comprehensive range of features catered to iPhone and Android users. Each provides stock and forex price alerts and the ability to draw trendlines and view multiple time frames on charts, making it easy to analyze market movements on the go. While both apps allow users to create watchlists with real-time quotes, they fall short on syncing watchlists between mobile and online accounts. However, Vantage edges ahead with 30 technical studies for charting, while Spreadex hasn't specified their offering. Vantage also excels at auto-saving chart drawings, a feature not present in Spreadex.
In terms of overall ratings, both Vantage and Spreadex achieve a respectable four-star rating for their mobile trading applications. However, Vantage's richer feature set contributes to its higher rank of #27 out of 62 brokers in the Mobile Trading Apps category on ForexBrokers.com, compared to Spreadex's rank of #49. For traders looking to dive into technical analysis, Vantage's broader array of tools and higher industry ranking make it a preferred choice over Spreadex for those staying ahead in fast-moving markets.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| 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 the market research offerings of Vantage and Spreadex, both online brokers provide users with daily market commentary and access to high-quality forex news from top-tier sources like Bloomberg and Reuters. Additionally, they each offer valuable sentiment-based trading tools that show the ratio of long or short positions across various instruments. Both brokers also support traders with economic calendars that highlight crucial global news events affecting multiple economies.
Vantage stands out by offering tools from the respected Trading Central, providing a further edge with its technical analytics. In contrast, Spreadex lacks this advantage but matches Vantage with resources like Autochartist for technical analysis. Neither broker currently incorporates research tools from Acuity Trading or TipRanks. Despite their similarities in features and both receiving a solid four-star rating for research, Vantage holds a slightly higher rank, securing the 21st spot compared to Spreadex’s 31st position out of 62 brokers, according to ForexBrokers.com.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 offered by online brokers Vantage and Spreadex, both platforms provide a solid foundation with at least ten educational pieces focused on forex and CFDs. This includes a variety of articles, videos, and other learning materials catering to newcomers. Vantage stands out by offering monthly online educational webinars and a searchable archive of recorded sessions, making it easier for users to learn at their own pace and revisit prior content. Spreadex, on the other hand, does not provide these webinar offerings, which could be a drawback for those preferring interactive learning experiences.
In terms of video content, both brokers offer more than ten beginner-focused trading videos. However, Vantage extends its resources to include advanced educational videos aimed at experienced traders, a service not provided by Spreadex. Both platforms feature an investor dictionary with definitions of over 50 investing terms, which is a helpful tool for those new to trading jargon. Despite these offerings, Vantage holds a slightly higher rank in the education category according to ForexBrokers.com, coming in at 24th out of 62 brokers compared to Spreadex's 45th place. Nevertheless, both brokers receive a four-star rating for their educational efforts, indicating a strong commitment to educating their users.
| Feature |
Vantage
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 Spreadex. Vantage finished with an overall rank of #26, while Spreadex finished with an overall rank of #39.
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 | 90 | 71 |
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Both Vantage and Spreadex do not offer the ability to buy actual (delivered) cryptocurrencies, but they both provide options to buy cryptocurrency derivatives.
When comparing online brokers, Vantage provides more versatile payment options including PayPal and Skrill, unlike Spreadex, though both allow Visa, Mastercard, and bank wire transactions; neither offers ACH or SEPA transfers.
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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2 of 5| Overall Rating | Vantage | Spreadex | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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| Regulation | Vantage | Spreadex | |
|---|---|---|---|
| Trust Score | 90 | 71 | |
| 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 (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 | No |
| Tier-2 Licenses (Trusted) | Vantage | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 10000 | |
| Forex Pairs (Total) | 61 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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). | 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 | 1.30 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 15 | 11 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| 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 | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Vantage | Spreadex | |
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| Trust Score | 90 | 71 | |
| Winner | check_circle | ||
| Review | Vantage Review | Spreadex Review |
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