Written by ForexBrokers.com
In this head to head comparison of Vantage vs TopFX, 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 the online broker Vantage to TopFX, it's clear that both have their strengths and weaknesses, but stand apart in matters of trust and security. Vantage, founded in 2009, holds a ForexBrokers.com Trust Score of 90, reflecting a highly trusted status. This is supported by its possession of two Tier-1 licenses and one Tier-2 license, ensuring reliable oversight. In contrast, TopFX, established in 2010, has a Trust Score of 67, indicating a high-risk profile. TopFX holds one Tier-1 license but lacks additional Tier-2 licenses, which may concern potential users.
Neither Vantage nor TopFX is publicly traded or operates as a bank, signaling the need for investors to focus on their regulatory standings. Vantage’s stronger regulatory framework and higher Trust Score make it a more appealing option for those prioritizing security in their trading activities. While TopFX offers a solid foundation, its lower score and fewer licenses may lead risk-averse traders to favor Vantage.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| 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 | 2 | 1 |
When comparing the commissions and fees of Vantage and TopFX, both platforms offer competitively priced options, though they cater to different trader preferences. Vantage offers three account types: Standard STP, RAW ECN, and PRO ECN. The Standard account offers typical spreads of 1.30 pips on the EUR/USD, while the RAW account provides reduced spreads averaging 0.15 pips with a commission charge of $6 per round turn. The PRO ECN account is the most economically appealing at Vantage, with per-side commission charges of only $2, but it does come with higher qualification barriers. Vantage has an active trader program offering rebates from $2 to $8 per standard lot, based on account balance and trade volume, available exclusively on the higher-spread Standard account. Overall, Vantage earns a 4.5-star rating for commissions and fees, placing it at #18 out of 62 brokers.
On the other hand, TopFX provides two main account types across MetaTrader and cTrader platforms: ZERO and RAW accounts. The ZERO account does not require commission fees but has higher spreads, averaging 1.03 pips on the EUR/USD. In contrast, the RAW account includes a commission charge of 2.75 EUR per side (or 5.50 per round turn), which results in an all-in cost of approximately 0.88 pips for EUR/USD, aligning with industry averages. However, traders should note the minimum deposit varies, contingent on their payment method choice. For commissions and fees, TopFX receives a 4-star rating and ranks #40 out of 62 brokers, reflecting its commitment to providing a standard cost structure.
Ultimately, Vantage and TopFX each offer appealing choices for online trading with distinct advantages in their fee structures. Vantage excels with a wider variety of accounts and competitive commission charges in higher-tier options, while TopFX brings a straightforward fee policy that maintains industry-standard cost efficiency. Traders should consider these distinctions along with their individual trading volumes and deposit capacities when choosing the platform that best meets their financial trading needs.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Minimum Deposit | $50 | Depends on payment method |
| Average Spread EUR/USD - Standard | 1.30 | 1.03 |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| 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 comparing the range of investments offered by Vantage and TopFX, both platforms provide opportunities for forex trading as CFDs or spot contracts. Vantage boasts a broader selection with 1,000 tradeable symbols, while TopFX offers 655. However, TopFX takes the lead in tradeable forex pairs, offering 60 compared to Vantage's 57. Neither broker allows investments in exchange-traded securities on U.S. or international exchanges, meaning you can't purchase shares like Apple or Vodafone directly through these platforms. Both Vantage and TopFX do offer copy trading and allow for trading cryptocurrency derivatives, though neither supports buying actual cryptocurrencies.
In terms of overall rankings, Vantage and TopFX receive the same rating of 3.5 out of 5 stars for their range of investments. According to ForexBrokers.com, TopFX is ranked slightly higher at #46, while Vantage comes in at #50 out of 62 brokers in this category. This suggests a fairly comparable offering between the two, with each having its strengths depending on the investor's priorities.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 655 |
| Forex Pairs (Total) | 57 | 60 |
| 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). | 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 TopFX both offer a range of features for traders, catering to both novice and experienced users. Traders can enjoy simulated trading with free virtual demo accounts from both brokers, allowing them to practice strategies without real financial risk. While Vantage provides a unique edge with its proprietary platform developed in-house, alongside the widely-used MetaTrader 5 (MT5), TopFX offers the popular MetaTrader 4 (MT4) but lacks a proprietary platform option and MT5 access. Both brokers support Windows-based desktop download and web-based platforms, ensuring versatility for users who prefer different modes of trading.
For those interested in social trading, both Vantage and TopFX include options for copy trading. Vantage takes it a step further by offering interoperability with DupliTrade and ZuluTrade, which TopFX does not provide. In terms of charting tools, both platforms equip traders with 15 drawing tools and the ability to trade directly from stock charts, making technical analysis straightforward. When it comes to building watch lists, each broker supports seven columns or fields. Despite both receiving a favorable rating of four stars for their trading platforms and tools, Vantage has a stronger industry presence, being ranked 15th out of 62 brokers by ForexBrokers.com, compared to TopFX's 44th place ranking.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| 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 | No |
| DupliTrade | Yes | No |
| ZuluTrade | Yes | No |
| 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.
When comparing the mobile trading apps of Vantage and TopFX, both brokers offer comprehensive platforms for iPhone and Android users. Each app provides essential features like stock and forex price alerts and the ability to create watchlists with real-time quotes. They also support features like drawing trendlines on charts, viewing multiple time frames, and have auto-save capabilities for chart drawings. While Vantage and TopFX both offer 30 technical studies in their charting options, neither provides the syncing of watchlist symbols between mobile and online accounts.
Despite their similarities, the notable difference is in their industry rankings. Vantage ranks #26 among 62 brokers for mobile trading apps, whereas TopFX is positioned at #51, according to ForexBrokers.com. Both apps are rated four out of five stars, indicating solid user satisfaction. Nonetheless, Vantage’s higher ranking might make it a preferable choice for those seeking a more distinguished presence in the competitive field of mobile trading apps.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Vantage and TopFX, several key differences emerge. Vantage provides daily market commentary, a valuable resource missing from TopFX's offerings. Both brokers deliver forex news sourced from top-tier providers like Bloomberg and Reuters. However, when looking at technical analysis tools, TopFX stands out by offering resources from Autochartist, which Vantage does not. Both companies provide tools from Trading Central and sentiment-based trading features, allowing traders to gauge market tendencies.
Another shared feature is an economic calendar that keeps traders informed of global news events, but Vantage takes the lead overall with a 4-star research rating, compared to TopFX's 3-star rating. In a ranking by ForexBrokers.com, Vantage sits at 24th out of 62 brokers for research, whereas TopFX lags significantly behind at 59th. While neither offers tools from TipRanks or Acuity Trading, Vantage appears to offer a more comprehensive suite of research tools and insights to meet the needs of its clients.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| 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 at Vantage and TopFX, Vantage stands out with a significant edge. Vantage offers a comprehensive selection of educational materials, including numerous articles, videos, and archived webinars focused on forex and CFDs. Beginners can also benefit from regular online webinars, available at least once a month, and a searchable archive of these sessions. This makes learning accessible and convenient. Additionally, Vantage provides over ten beginner-friendly educational videos, which is ideal for those new to trading. The breadth of these resources is further supplemented by a detailed investor dictionary covering more than 50 trading terms, ensuring that new traders have plenty of support as they get started.
TopFX, on the other hand, offers far less in the way of educational materials. It lacks the same volume and variety of resources found at Vantage, including not having the minimum educational content or regular webinars that Vantage provides. These differences are reflected in their ratings and rankings; Vantage holds a higher education rating of 4 stars, while TopFX receives 3 stars. In the ForexBrokers.com Education category, Vantage ranks #27 out of 62 brokers, a notable distance from TopFX, which ranks #60. For beginners prioritizing educational support in their trading journey, Vantage presents a more resourceful and supportive option compared to TopFX.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| 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 | No |
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 TopFX. Vantage finished with an overall rank of #26, while TopFX finished with an overall rank of #61.
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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TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 67 |
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Both Vantage and TopFX provide the capability to buy cryptocurrency derivatives but do not offer the option to purchase actual (delivered) cryptocurrency.
When comparing online brokers Vantage and TopFX, both platforms do not support ACH or SEPA transfers for depositing or withdrawing account funds, but they do offer similar options such as PayPal, Skrill, Visa or Mastercard, and bank wire transfers for ease of transactions.
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 | TopFX | |
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| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
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| Regulation | Vantage | TopFX | |
|---|---|---|---|
| Trust Score | 90 | 67 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | TopFX | |
|---|---|---|---|
| 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 | No | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 655 | |
| Forex Pairs (Total) | 57 | 60 | |
| 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). | 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.88 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | TopFX | |
|---|---|---|---|
| Minimum Deposit | $50 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | No | |
| cTrader | No | Yes | |
| DupliTrade | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Vantage | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | TopFX | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | Vantage | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | Vantage | TopFX | |
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| Trust Score | 90 | 67 | |
| Winner | check_circle | ||
| Review | Vantage Review | TopFX Review |
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