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 | 3 | 1 |
Vantage offers three account types, each with different costs and benefits. The Standard STP account features a typical spread of 1.30 pips on the EUR/USD, while the RAW ECN account offers a lower average spread of 0.15 pips plus a $6 commission per round turn, totaling approximately 0.75 pips. The PRO ECN account presents a competitive option with a commission fee of $4 per round turn, though it requires a wholesale client qualification or a minimum deposit of $10,000, depending on the regulating entity. Vantage's active trader program offers rebates on its Standard account, primarily targeting traders with larger equity. With a 4.5-star rating, Vantage holds the 19th position out of 62 brokers for commissions and fees.
TopFX, on the other hand, provides two choices: the spread-only ZERO account and the commission-based RAW account. The RAW account combines average spreads of 0.33 pips with commission costs that equate to roughly 0.88 pips, aligning with industry standards. The ZERO account foregoes commissions at the expense of higher spreads, averaging 1.03 pips for the EUR/USD. Both accounts are available on MetaTrader and cTrader platforms, with the minimum deposit varying by payment method. TopFX receives a 4-star rating and is ranked 40th among 62 brokers for its commission and fee structure.
In summary, Vantage's diverse account options and competitive PRO ECN account make it an attractive choice for qualifying traders, while TopFX offers simplicity in its account types with a focus on meeting industry average costs. Though both brokers have their merits, Vantage's slightly higher ranking in commissions and fees suggests a marginal edge in overall pricing satisfaction.
| 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 | Yes | 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.
Vantage and TopFX both provide access to forex trading as CFDs or spot contracts, catering to those interested in currency trading. Vantage offers a slightly broader range of tradeable forex pairs, with 61 pairs compared to TopFX's 60. When it comes to the overall number of tradeable symbols, Vantage holds a more extensive portfolio with 1,000 symbols available, surpassing TopFX's 655. Despite these differences, both brokers do not offer the opportunity to invest in actual exchange-traded securities from U.S. or international markets, such as stocks from the London Stock Exchange or NASDAQ.
Both Vantage and TopFX facilitate copy trading, allowing investors to mirror the strategies of experienced traders. In the realm of cryptocurrencies, while neither broker provides access to buying the actual cryptocurrency, they both offer the option to trade cryptocurrency derivatives. For the range of investments, both brokers receive the same rating of 3.5 stars out of five, indicating a comparable offering. However, TopFX ranks slightly higher than Vantage at #46 compared to #50 out of 62 brokers as per ForexBrokers.com for their range of investments.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 655 |
| Forex Pairs (Total) | 61 | 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.
Both Vantage and TopFX provide traders with simulated trading experiences through free virtual demo accounts, making it easy for newcomers to get started without risking real money. Vantage stands out by offering its own proprietary platform, developed in-house, giving users a unique trading interface not available elsewhere. While both brokers support Windows-based desktop download platforms and web-based trading, only Vantage includes both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as options, whereas TopFX only provides MT4. Both brokers facilitate copy trading, but only Vantage offers DupliTrade. Neither broker supports ZuluTrade. Despite these differences, both platforms offer 15 drawing tools for charting, a vital feature for technical analysis. Also, traders can execute trades directly from stock charts on both platforms.
When examining watch lists, Vantage and TopFX provide seven columns for efficient data tracking. In terms of overall trading platforms and tools, both brokers receive a respectable rating of four stars. However, Vantage ranks higher at 21st among 62 brokers on ForexBrokers.com compared to TopFX's 45th position, reflecting a slight edge in user satisfaction or reliability. Whether you're a beginner or an experienced trader, both Vantage and TopFX offer competitive tools, but Vantage appears to have a slight advantage in platform diversity and proprietary features.
| 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 | No | 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 platforms are available for iPhone and Android users, making them accessible for most traders. They each provide features like stock and forex price alerts and have 30 technical studies for charting, giving traders ample tools for analysis. Additionally, users can draw trendlines on charts and view multiple time frames, from daily to intraday, and any drawings made are automatically saved, adding convenience to the user experience.
However, a notable difference emerges in their rankings. Vantage is ranked #28 out of 62 brokers for mobile trading apps by ForexBrokers.com, while TopFX is placed at #51. Both apps have similar feature sets, including the creation of watchlists with real-time quotes, although neither app offers watchlist symbol syncing with a client’s online account. Both have received a solid rating of 4 stars for their offerings in mobile trading, highlighting a well-rounded user experience for traders on the go.
| 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 Vantage and TopFX for market research offerings, Vantage comes out on top with a few more features. Vantage provides daily market commentary to keep traders informed, whereas TopFX does not offer this service. Both brokers supply forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Additionally, Vantage and TopFX both support advanced analysis tools from Autochartist and Trading Central, which help traders make more informed decisions. Both also provide sentiment-based trading tools and economic calendars to track global events. However, neither Vantage nor TopFX includes market research from TipRanks or tools from Acuity Trading.
When it comes to ratings, Vantage scores higher with 4 stars for research, compared to TopFX with 3 stars. This difference is highlighted by their respective rankings; Vantage is placed at 21st, while TopFX is ranked at 59th out of 62 brokers reviewed in the Research category by ForexBrokers.com. Overall, while both brokers offer a comprehensive suite of analytical tools, Vantage delivers a more well-rounded research experience with its additional daily market commentary.
| Feature |
Vantage
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | 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 Vantage and TopFX for educational resources designed for beginners in forex and CFD trading, Vantage provides a wider range of options. Vantage impressively offers over 10 educational pieces such as articles and videos that focus on forex and CFDs. They further enhance the learning experience with monthly online webinars and a searchable archive of past webinars, allowing users to catch up on valuable content. Additionally, Vantage caters to both beginners and experienced traders with a comprehensive selection of educational videos. Their effort in educating traders is rounded off with an extensive investor dictionary, featuring more than 50 investing terms for learners to familiarize themselves with market jargon.
TopFX, in contrast, lags significantly in offering educational resources. They fall short of delivering the minimum threshold of educational content and do not provide monthly webinars or a library of previously recorded sessions. Furthermore, TopFX lacks both beginner-centric and advanced educational videos, and they also do not have an investor dictionary. This limited educational offering reflects in TopFX's lower educational rating and ranking compared to Vantage. Vantage is rated 4 stars for education by users, and ranks #24 out of 62 brokers on ForexBrokers.com, while TopFX receives a 3-star rating and ranks at #60, highlighting the stark differences in educational support between these two brokers.
| 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 | 3 | 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) | 61 | 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 | Yes | 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 | No | 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 | Yes | 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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