Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Vantage, 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.
BlackBull Markets and Vantage are two online brokers that were founded in 2014 and 2009 respectively. Neither of these companies is publicly traded nor operates as a bank. When it comes to regulatory licenses, BlackBull Markets holds one Tier-1 license, which is considered highly trusted, while Vantage holds two Tier-1 licenses. Additionally, Vantage has one Tier-2 license, indicating that it is trusted, whereas BlackBull Markets does not hold any Tier-2 licenses.
According to ForexBrokers.com, BlackBull Markets has a Trust Score of 78 out of 99, placing it in the average risk category. In contrast, Vantage scores a 90 out of 99, categorizing it as highly trusted. This comparison reflects that while both brokers are well-established in the financial trading space, Vantage appears to offer a higher level of trustworthiness based on its regulatory standings and Trust Score rating.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
BlackBull Markets and Vantage both earn 4.5/5 stars for commissions and fees. In ForexBrokers.com’s 2024 rankings, BlackBull Markets places #19 of 63 and Vantage follows at #20 of 63. Pricing at both brokers generally sits around the industry average, with the best value found on their commission-based ECN-style accounts.
At BlackBull Markets, the Standard account is spread-only with no minimum deposit, but spreads are wider. The Prime account requires a $2,000 minimum and charges $3 per side ($6 round turn) with tighter pricing; in March 2024 the EUR/USD averaged 0.16 pips before commission, for an all-in cost near 0.76 pips—making Prime the go-to for most active traders. The ECN Institutional account is aimed at high-volume clients depositing at least $20,000, trimming the commission to $2 per side ($4 round turn).
Vantage also offers three tiers: the Standard STP account (spread-only, with typical EUR/USD spreads of 1.30 pips in March 2023), the RAW ECN account (about 0.15 pips plus $3 per side, or roughly 0.75 pips all-in), and the PRO ECN account ($2 per side, $4 round turn) for those who meet eligibility rules—such as wholesale-client status in Australia or a $10,000 minimum under its Cayman entity. Vantage’s Active Trader program can rebate $2–$8 per standard lot based on balance and monthly volume, but it applies only to the higher-spread Standard account. If you qualify, PRO ECN is Vantage’s best-priced option; otherwise, its RAW ECN is broadly comparable to BlackBull’s Prime.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 0.71 | 1.30 |
| All-in Cost EUR/USD - Active | 0.71 | 0.75 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, BlackBull Markets offers far more choice than Vantage. BlackBull lists about 26,000 tradeable symbols versus roughly 1,000 at Vantage, and 72 forex pairs compared with Vantage’s 61. Both brokers support forex trading as CFDs or spot contracts, and both provide copy trading. If you’re interested in shares, BlackBull also lets you buy actual exchange-traded stocks on U.S. and international exchanges, while Vantage does not offer real share dealing. For crypto exposure, both brokers offer cryptocurrency CFDs, but neither lets you buy actual, delivered crypto.
Independent ratings reflect this gap in variety: BlackBull Markets earns 5 stars for Range of Investments and ranks 6th out of 63 brokers, while Vantage scores 3.5 stars and ranks 51st. If you want the widest selection, including U.S. and international shares alongside forex and crypto CFDs, BlackBull Markets is the stronger pick; Vantage may suit traders who prefer a more streamlined list of markets.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1000 |
| Forex Pairs (Total) | 72 | 61 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
BlackBull Markets and Vantage both make it easy to get started with a free demo (paper trading) account and support popular third‑party platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker offers a Windows desktop download and a web-based platform, plus copy trading and the ability to place orders directly from charts. The key difference: Vantage also provides its own proprietary platform, while BlackBull Markets sticks to third‑party options. Specific counts for built‑in indicators and watchlist columns weren’t provided for either broker.
For Trading Platforms and Tools, both BlackBull Markets and Vantage earn 4 stars from ForexBrokers.com. In the category ranking out of 63 brokers, Vantage places higher at #21, while BlackBull Markets is #31. If you want an in‑house platform to try alongside MT4/MT5, Vantage has the edge; if you only need MetaTrader with copy trading and demo access, both are strong picks.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Vantage both offer mobile trading apps for iPhone and Android. Each app includes stock and forex price alerts, 30 technical studies for charting, and tools to draw trendlines, with drawings auto-saving for later. Both are rated 4 out of 5 stars for Mobile Trading Apps.
The key difference is watchlist syncing: BlackBull Markets syncs watchlists between the mobile app and your online account, while Vantage does not. For rankings, ForexBrokers.com places Vantage at #29 out of 63 brokers and BlackBull Markets at #33. If synced watchlists across devices are important, choose BlackBull Markets; if you prefer a slightly higher third-party ranking with similar charting tools, Vantage has the edge.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing BlackBull Markets and Vantage for their market research offerings, both brokers provide daily market commentary and access to Autochartist tools, providing traders with valuable insights and technical analysis to support their trading decisions. Both also offer sentiment-based trading tools, reflecting current market positions across various instruments. However, when it comes to sourcing news, Vantage edges out BlackBull Markets by offering updates from top-tier providers like Bloomberg and Reuters, delivering traders the latest forex news from respected sources.
Despite this advantage, neither broker includes research tools from companies like Acuity Trading or market research from TipRanks in their platforms. However, they both provide an economic calendar to keep traders informed about significant events that could impact market movements. Both brokers have earned a commendable four-star rating for their research capabilities. According to ForexBrokers.com, BlackBull Markets is ranked slightly higher at 18th out of 63 brokers, compared to Vantage's position at 22nd, indicating a slight advantage in research dominance for BlackBull Markets among their competitors.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BlackBull Markets and Vantage both make it easy for beginners to start learning about forex and CFD trading. Each broker offers at least 10 beginner-focused videos that explain core trading concepts in simple terms, and both run client webinars at least once a month so you can learn live and ask questions. As you progress, both brands also provide 10+ advanced videos to help you level up your skills.
When it comes to third-party scores, both earn 4 out of 5 stars for Education. Vantage holds a slight edge in the Education category ranking from ForexBrokers.com, coming in at #24 out of 63 brokers, while BlackBull Markets ranks #29. If you want a small tilt in favor of overall education rankings, choose Vantage; if you’re comparing purely on beginner videos and regular webinars, both are strong options.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Vantage. BlackBull Markets finished with an overall rank of #24, while Vantage finished with an overall rank of #26.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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Vantage
|
|---|---|---|
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| Trust Score | 78 | 90 |
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Comparing online brokers BlackBull Markets and Vantage, neither offers the ability to buy actual (delivered) cryptocurrency, but both support trading cryptocurrency CFDs.
BlackBull Markets vs Vantage: both online brokers do not support ACH or SEPA, both support Skrill and bank wire deposits and withdrawals, but only Vantage supports PayPal, while availability of Visa or Mastercard was not specified.
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 | BlackBull Markets | Vantage | |
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| Trust Score | 78 | 90 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Vantage Review |
| Broker Screenshots | BlackBull Markets | Vantage | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | Vantage | |
|---|---|---|---|
| Trust Score | 78 | 90 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Vantage | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Vantage | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1000 | |
| Forex Pairs (Total) | 72 | 61 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | BlackBull Markets | Vantage | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.71 | 1.30 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.75 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Vantage | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | Vantage | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | Vantage | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Vantage | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Vantage | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Vantage | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | Vantage Review |
| Overall | BlackBull Markets | Vantage | |
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| Trust Score | 78 | 90 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Vantage Review |
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