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 |
Online brokers BlackBull Markets and Vantage both offer commissions and fees that track close to the industry average, with pricing shaped by the account type you choose. Each earns 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s category ranking of 63 brokers, BlackBull Markets is #9 and Vantage is #12.
If you prefer spread-only pricing, BlackBull’s Standard account is commission-free with no minimum deposit but tends to have higher spreads. Vantage’s Standard STP shows typical EUR/USD spreads of 1.30 pips (March 2023). Vantage also offers an active trader program that pays rebates of $2–$8 per standard lot based on balance and volume, though it only applies to the Standard account—the one with the highest spreads.
For lower all-in costs, both brokers’ commission-based accounts are the draw. BlackBull’s Prime account (minimum $2,000) averaged 0.16 pips on EUR/USD in March 2024, for about 0.76 pips all-in after a $3-per-side ($6 round turn) commission; its ECN Institutional tier (minimum $20,000) cuts commission to $2 per side ($4 round turn). Vantage’s RAW ECN averaged 0.15 pips plus $3 per side ($6 round turn) for roughly 0.75 pips all-in (March 2023), while the PRO ECN lowers commission to $2 per side ($4 round turn) but has eligibility requirements (e.g., wholesale status in Australia or a $10,000 minimum via its Cayman entity). On headline EUR/USD numbers, Vantage RAW edges BlackBull Prime by 0.01 pips, but your actual costs will depend on the account you qualify for, the entity you open under, and market conditions.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 1.16 | 1.32 |
| All-in Cost EUR/USD - Active | 0.76 | 0.72 |
| 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.
BlackBull Markets offers a much wider range of investments than Vantage. You’ll find about 26,000 tradeable symbols at BlackBull versus roughly 1,000 at Vantage, along with 72 forex pairs compared to Vantage’s 61. Both brokers support forex trading (CFDs/spot), copy trading, and cryptocurrency CFDs, but neither lets you buy actual crypto. A key difference is stock access: BlackBull lets clients buy real, exchange-traded securities on U.S. markets (like Apple) and international exchanges (such as Vodafone), while Vantage does not offer real shares and focuses on derivatives instead.
Independent ratings back up this gap in variety. For Range of Investments, BlackBull Markets holds a 5-star score and ranks #7 out of 63 brokers on ForexBrokers.com, while Vantage earns 3.5 stars and ranks #32. If you want the broadest market access and the ability to buy real U.S. and global shares, BlackBull stands out. If you primarily trade CFDs, forex, and crypto CFDs with copy trading, Vantage can still cover the basics.
| 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 check the key boxes for trading platforms and tools. Each offers a free demo account for paper trading, Windows desktop and web-based platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to place trades directly from charts. Vantage adds a proprietary, in-house platform to its lineup, while BlackBull Markets sticks to well-known third-party platforms like MetaTrader. The exact counts for built-in technical indicators and watchlist columns are not specified for either broker.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com. Among 63 brokers reviewed, Vantage ranks #20, while BlackBull Markets ranks #25. If you want the option of a broker’s own platform alongside MT4/MT5, Vantage has the edge. If you prefer a straightforward MetaTrader-focused setup, BlackBull Markets is a solid choice. In either case, you get demo trading, desktop and web access, copy trading, and chart-based order entry.
| 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.
Both BlackBull Markets and Vantage offer solid mobile trading apps for iPhone and Android, complete with price alerts, 30 technical studies for charting, trendline drawing, and auto-saving of your chart annotations. Each app earned a 4-star Mobile Trading Apps rating, giving traders dependable tools for analysis and trade management on the go.
The key difference is watchlists: BlackBull Markets syncs your watchlist between the mobile app and your online account, while Vantage does not. In industry rankings from ForexBrokers.com, Vantage places slightly higher at #24 out of 63 brokers for mobile apps, compared with BlackBull Markets at #27. If seamless watchlist syncing matters to you, BlackBull Markets has the edge; if a slightly higher third-party ranking is your tie-breaker, Vantage may appeal.
| 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.
If you’re comparing BlackBull Markets vs Vantage for market research, both brokers deliver daily market commentary and each earns 4 out of 5 stars for Research. According to ForexBrokers.com, BlackBull Markets ranks #16 out of 63 brokers for this category, while Vantage ranks #20.
Vantage stands out for offering forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and it also includes Trading Central tools—two things BlackBull Markets does not provide. Both brokers offer Autochartist for technical and fundamental insights, a sentiment tool showing long/short positioning, and an economic calendar. Neither broker features TipRanks or Acuity Trading tools.
| 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.
For beginners comparing BlackBull Markets vs Vantage on education, both brokers deliver strong forex and CFD learning hubs. Each provides well over the minimum benchmark of 10 educational pieces and runs ongoing client webinars at least once a month. New traders will find plenty of step-by-step beginner videos from both brands, along with a deeper catalog of advanced videos when they’re ready to level up.
In independent testing, both brokers earned 4 stars for Education. Vantage holds a slight edge in the category ranking at #23 out of 63 brokers, while BlackBull Markets is close behind at #24. In short, either is a solid pick for learning the basics through videos and webinars, with Vantage enjoying a minor ranking advantage and BlackBull Markets offering a comparable experience for new traders.
| 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 #22, while Vantage finished with an overall rank of #24.
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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| 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 | 1.16 | 1.32 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.72 | |
| 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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