In our broker comparison we compare criteria across Vantage Markets vs SpreadEx to give you a complete verdict, ultimately recommending which broker is the better option. Let’s get to it and see which broker stacks up.
Vantage Markets vs SpreadEx Comparison
Swipe right on mobile to see broker comparisons.
| SpreadEx VS Vantage Markets | 
First | 
Second | |
|---|---|---|---|
| Regulation | FCA, ASIC, CySEC, | FCA | |
| Number of Instruments | 1000+ | 600+ | |
| MT4 | |||
| MT5 | |||
| cTrader | |||
| Proprietary Platform | |||
| TradingView Integration | |||
| Commission (Forex) | $3 per lot (Raw Account) | None (in spread) | |
| Spreads | From 0.0 pips (Raw account) | From 0.6 pips (spread betting) | |
| Free VPS Access | |||
| Islamic Accounts | |||
| Customer Service | 24/5, multilingual | 24/5, UK-focused | |
| Education | Comprehensive | Basic | |
| Copy Trading | |||
| Deposit Requirements | $200 | None | |
| Join Vantage | JoinSpreadEx |
1. Trading Instruments
Winner: Vantage Markets
SpreadEx: Primarily focused on spread betting and CFD trading with 600+ instruments, SpreadEx offers a selection of forex, indices, shares, commodities, and cryptocurrencies. However, its instrument variety is more geared toward UK traders.
Vantage Markets: Vantage Markets provides access to over 1,000 instruments, including forex, commodities, indices, cryptocurrencies, shares, and ETFs. Its broader coverage across multiple asset classes gives it an advantage for traders looking to diversify.
2. Account Types
Winner: Vantage Markets
SpreadEx: Offers only standard accounts for both spread betting and CFD trading. There is no Islamic account or other specific account types, which limits flexibility.
Vantage Markets: Offers Standard, Raw, and Islamic accounts, similar to Pepperstone. Raw accounts cater to traders who need lower spreads and are willing to pay a commission, while Standard accounts are more accessible for beginners.
3. Spreads and Commissions
Winner: Pepperstone
SpreadEx: Offers variable spreads with no commissions, but the spreads are generally wider, particularly during volatile periods.
Vantage Markets: Known for its tight raw spreads, starting from 0.0 pips with a $3 per lot commission on the Raw account, making it more competitive for high-frequency traders.
4. Platforms
Winner: Vantage Markets
SpreadEx: Provides a proprietary trading platform focused on spread betting and CFDs. It’s user-friendly but lacks the advanced features of global trading platforms.
Vantage Markets: POffers MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and ProTrader, providing advanced charting tools and support for Expert Advisors (EAs).The platform is also suitable for automated trading via SmartTrader Tools and Zulutrade integration.
5. Automated Trading and Copy Trading
Winner: Vantage Markets
SpreadEx: Does not support automated trading or copy trading. The platform focuses on manual strategies.
Vantage Markets: Supports Expert Advisors on MT4/MT5 and offers copy trading through ZuluTrade and Myfxbook, catering to algorithmic traders.
6. Execution Speed
Winner: Vantage Markets
SpreadEx: As a market maker, it may have slightly slower execution compared to ECN brokers.
Vantage Markets: Operates an ECN-like model with no-dealing-desk execution, which helps minimize slippage and provides faster execution speeds.
7. Educational Resources
Winner: Vantage Markets
SpreadEx: Offers basic educational resources primarily focused on explaining spread betting but lacks depth for advanced traders.
Vantage Markets: Provides a wide range of educational content, including webinars, tutorials, and market analysis, which cater to both novice and experienced traders.
8. Customer Support
Winner: Draw
SpreadEx: Offers 24/5 customer support, but it is more UK-centric, catering mostly to spread betting clients.
Vantage Markets: Also offers 24/5 multilingual support, ensuring global coverage and accessibility.
9. Deposit and Withdrawal
Winner: SpreadEx (no minimum deposit)
SpreadEx: Has no minimum deposit requirement, but charges £1 for deposits under £50. Withdrawal methods are somewhat limited. but much easier / more accessible for traders with a smaller bank balance.
Vantage Markets: Requires a minimum deposit of $200, but offers a wider variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets.
10. Regulation
Winner: Draw (both regulated by FCA in UK)
SpreadEx: Regulated by the FCA in the UK, providing top-tier regulation and security for UK-based traders.
Vantage Markets: Regulated by FCA and ASIC, providing similar security guarantees like negative balance protection and segregated client funds, ensuring the safety of traders’ capital.
11. VPS Access and Automated Trading
Winner: Vantage Markets
SpreadEx: Does not offer VPS access for automated trading.
Vantage Markets: Offers VPS access for qualified traders running automated strategies, making it ideal for algorithmic traders.
Verdict: Which is Better SpreadEx or Vantage Markets?
This was a tough one for us, we love the ease-of-use and specific UK-focus of SpreadEx and so recommend them if you are looking for a dedicated spread betting broker that will get you up and running fairly quickly with no-frills. however, Vantage Markets offers greater flexibility, different account types and overall a much more comprehensive experience. If you are looking for algorithmic strategies or want to develop your trading strategies then we’d recommend Vantage.
Recommendation: Vantage Markets is the stronger choice for traders looking for flexibility, advanced trading features, and tighter spreads. SpreadEx remains a niche option for UK traders interested in spread betting.
James is a former FTSE100 AI Director and trader with 10+ years trading his own capital. He is the Managing Director of SpreadBet.AI and currently trades his own capital through both CFD trading & spread betting as well as working with one of the leading prop firms in the world.
