The short answer
Vantage vs Exness, side by side
| Feature |  Vantage |  Exness |
|---|---|---|
| Broker type | Global multi-asset CFD & forex broker | High-volume forex & CFD broker |
| Spreads & commissions | Competitive raw spreads + commission on Raw/Pro; pricing variable | Very low spreads on raw/pro tiers; pricing variable |
| Account types | Standard (no commission) + Raw/Pro ECN-style (commission) | Standard (no commission) + raw/professional (low spread/commission) |
| Platforms | MT4, MT5, TradingView, Vantage app, ProTrader | MT4, MT5, Exness app, Exness Terminal |
| Asset range (CFDs) | Forex, indices, commodities, shares, ETFs | Forex, metals, indices, commodities, region-dependent crypto |
| Leverage (by entity) | High max leverage on some entities | Very high max leverage on some entities |
| Withdrawals | Standard processing; varies by method/region | Fast, often instant — a standout feature |
| Regulation (by entity/region) | Multiple entities incl. ASIC, FCA-related, CIMA | Multiple entities, from more-regulated to offshore |
| US retail availability | Not available to US retail clients | Not available to US retail clients |
Which one is right for you?
Vantage
You want the widest platform choice (MT4, MT5, TradingView, ProTrader) and a broader CFD range including shares and ETF CFDs, and value all-round platform/asset breadth over squeezing out the last fraction of a pip.
Join VantageExness
You prioritise the lowest possible spreads and fast, often instant withdrawals, mainly trade forex and metals on MetaTrader, and want high leverage on a supported entity.
Join ExnessPlatforms & asset range: Vantage is broader
Both brokers are built on the industry-standard MetaTrader 4 and MetaTrader 5, so expert advisors (EAs), custom indicators and existing strategies port over to either. The difference is what surrounds MetaTrader. Vantage adds TradingView, its web-based ProTrader platform and the Vantage app, giving chart-led traders a route to trade straight from TradingView. Exness keeps a tighter line-up — MT4, MT5, the Exness app and the browser-based Exness Terminal — which is plenty for a MetaTrader-centric trader but offers no cTrader or TradingView.
On assets, Vantage casts a wider net: forex, indices, commodities, shares and ETF CFDs in one account, which suits traders who want to move between equity, index and FX markets. Exness is more focused on forex, metals, indices and commodities, with crypto CFDs in some regions. If you mostly trade FX and metals, that focus will not bother you; if you want shares or ETF exposure as CFDs, Vantage has the edge.
Spreads, leverage and withdrawals
Both run a two-tier structure: a commission-free standard account with the cost built into a wider spread, and a raw/pro tier with very tight spreads plus (typically) a commission. Exness is well known for very low spreads on its raw/professional tiers, which is its core draw, while Vantage’s raw/Pro pricing is competitive but we would not claim it consistently undercuts Exness. Pricing is variable on both and depends on the instrument, conditions and your tier, so model spread plus commission at your expected volume rather than trusting a headline number.
On leverage, both offer high maximums on some entities, and Exness in particular is associated with very high leverage — a double-edged feature that magnifies losses exactly as fast as gains. The clearest practical gap is withdrawals: Exness’ fast, often instant payouts are a genuine standout and a major reason for its popularity, whereas Vantage uses more standard processing that varies by method and region. For traders who move money in and out frequently, that speed matters.
Regulation, risk and the US situation
Both operate through multiple entities, and the regulator — plus the protections that come with it — depends on which one you sign up with. Vantage entities are associated with authorities such as ASIC in Australia, an FCA-related entity and CIMA in the Cayman Islands; Exness’ entities range from more tightly regulated ones to offshore entities. A tier-one regulator typically brings stronger client-money segregation and conduct rules than an offshore one, so confirm the exact entity and regulator on your own account before depositing.
The risk profile is the same for both: everything trades as a leveraged CFD, and CFDs are complex instruments with a high risk of losing money rapidly — most retail CFD accounts lose money. High (and on Exness, very high) leverage amplifies that risk. And neither is available to US retail clients for CFD trading; US-based traders would need a different, domestically regulated broker. Only trade with capital you can afford to lose and size positions conservatively.