Nexo or Vantage FX – which is better for UK traders 2025? Compare Nexo and Vantage FX in this detailed breakdown of their platforms, features and fees.
Nexo, a centralised cryptocurrency exchange established in Bulgaria in 2018, now operates from Switzerland in approximately 200 regions. Its offerings include spot and futures trading, peer-to-peer lending, cold wallet storage, and fiat on-ramps for purchasing crypto tokens. Nexo is registered with respected financial bodies like the ASIC. Additionally, it provides unique services, such as a credit card.
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
Pros
A well-regarded crypto exchange, established in 2018, has initiated steps towards regulatory compliance.
Nexo Pro is an intuitive platform tailored for traders, offering robust charting tools that enhance strategic trading.
The trading platform features essential tools such as asset-specific newsfeeds and social media analysis.
Traders can utilise perpetual futures to take long or short positions on crypto assets, thereby enhancing strategic opportunities.
Nexo's platform facilitates cryptocurrency lending and borrowing through its staking and credit features, offering traders some of the most competitive yields in the market.
Traders receive bonuses and incentives, such as complimentary trading funds given to lenders and cashback through the exchange's native Nexo token.
Vantage upholds a high trust score through its solid reputation, backed by premier regulation from the FCA and ASIC.
Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
The trading software suite is outstanding, featuring the acclaimed MT4 and MT5 platforms.
The broker recently expanded its range of CFDs, offering more trading opportunities.
Vantage addresses the needs of passive investors through user-friendly social trading on ZuluTrade and Myfxbook.
With a minimal deposit requirement of just $50 and no funding fees, this broker stands out as an excellent option for novice traders.
Hedging and scalping strategies are fully permitted without any short-term restrictions.
Opening a live account is both straightforward and swift, requiring under 5 minutes to complete.
Cons
While Nexo is registered with certain reputable regulators, trading with it carries more risk compared to established crypto brokers such as AvaTrade and Vantage.
High deposit and withdrawal fees for cards and e-wallets may deter many traders from using these convenient payment methods.
Limited educational resources diminish its attraction for newcomers, who may discover more valuable materials with leading platforms such as eToro.
Elevated maker/taker fees result in traders incurring higher costs for trading derivatives compared to competing exchanges such as Binance.
The selection of tokens is broad relative to many crypto brokers, yet it remains limited when compared to similar crypto exchanges such as Kraken.
It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
Regrettably, cryptocurrencies are accessible solely to clients in Australia.
Awards
Best Cryptocurrency Wallet – FinTech Breakthrough Awards, 2023
Best Use of Crypto and/or Blockchain in Financial Services – PAY360 Awards, 2022
Most Trusted Broker Global - International Business Magazine Award 2025
Best Global Broker - Ultimate Fintech Awards LATAM 2025
Best Forex Affiliate Program - Global Brand Awards 2025
Best CFD Broker Global - Global Brands Magazine 2024
Best Trade Execution - Global Forex Awards 2023
Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023
Vantage provides a comprehensive trading app with a sleek design and user-friendly interface, making market analysis and trading simple. Although switching to horizontal mode may take a few seconds, it offers excellent chart views. This small delay is offset by easy access to indicators, drawing tools, an economic calendar, newsfeed, market analysis, and FX TV.
iOS App Rating
3.8
3.6
Android App Rating
4
3.9
Margin Trading
Yes
Yes
MetaTrader 4
No
Yes
MetaTrader 5
No
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
No
No
Trading Central
No
No
STP Account
No
Yes
ECN Account
No
Yes
DMA Account
No
No
MAM Account
No
Yes
PAMM Account
No
Yes
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
No
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
No
Yes
Copy Trading Platform
Traders benefit from social and copy trading at Vantage through MetaTrader, DupliTrade, ZuluTrade, and Myfxbook. ZuluTrade stands out as a leading social trading network. It employs an advanced algorithm to rank top signal providers.
Social Trading
No
Yes
Trade Signals
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
No
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$0
Islamic Account
No
Yes
Account Currencies
USD
EUR
GBP
USD
EUR
GBP
CAD
AUD
NZD
JPY
HKD
SGD
PLN
Commodities
Gold
Silver
Gasoline
Copper
Palladium
Platinum
Cocoa
Coffee
Orange Juice
Cotton
Sugar
Wheat
Oil
Natural Gas
CFD
Traders can engage in leveraged speculation on over 1,000 financial markets, with leverage reaching up to 1:2000 based on regional regulations. One can take positions on both increasing and decreasing prices in currencies, commodities, indices, and shares, without needing to own the actual asset. A wide range of CFD trading platforms offers the flexibility to trade on desktop, web, or mobile, ensuring a smooth experience.
Leverage
1:30
FTSE Spread
1.0
GBPUSD Spread<
0.5
Oil Spread
0.01
Stocks Spread
0.01
Forex
Vantage provides over 55 currency pairs, exceeding the industry norm, giving traders ample opportunities. With a robust liquidity pool, forex spreads start at 0.0 pips on the ECN account, often beating other options. Additionally, there are no commissions, deposit fees, or hidden charges.
Assets
55+
GBPUSD Spread
0.5
EURUSD Spread
0.0
EURGBP Spread
0.5
Currency Indices
USD
Cryptocurrency
Nexo provides trading services for approximately 70 tokens, including Bitcoin. Users can buy, sell, and exchange digital assets directly on the platform, with access to over 500 trading pairs. Additionally, these assets can serve as collateral for fiat loans or generate passive income through the ‘smart staking’ option and interest from peer-to-peer loans.
Trade cryptocurrencies like Bitcoin around the clock, with leverage as high as 1:200, and no overnight charges. Utilise risk management tools such as price alerts and stop losses. The Vantage app provides a superior live news feed, ensuring you stay informed about the crypto market wherever you are.