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 | 0.71 | 1.30 |
| All-in Cost EUR/USD - Active | 0.71 | 0.75 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets vs Vantage: both brokers support forex trading via CFDs or spot, but their range of investments differs a lot. BlackBull Markets lists about 26,000 tradeable symbols and 72 forex pairs, while Vantage offers around 1,000 symbols and 61 pairs. Crucially, BlackBull also lets clients buy exchange-traded stocks directly on both U.S. and international exchanges (not CFDs), whereas Vantage does not offer direct stock ownership.
Both brokers provide copy trading and let you trade cryptocurrency derivatives, though neither allows buying actual crypto. Reflecting the broader selection, ForexBrokers.com rates BlackBull Markets 5 stars for Range of Investments and ranks it #6 out of 63 brokers, compared with Vantage at 3.5 stars and #51. If you want a wider mix of markets—including real shares alongside forex and crypto derivatives—BlackBull Markets has the edge.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1000 |
| Forex Pairs (Total) | 72 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 practice with free paper-trading demo accounts. Each broker offers a Windows desktop download and a web-based platform, plus full support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The key difference is that Vantage also provides a proprietary platform, while BlackBull Markets does not.
Both brokers let you trade directly from charts and support copy trading, but their extras differ: BlackBull Markets connects with ZuluTrade (not DupliTrade), whereas Vantage offers DupliTrade (not ZuluTrade). For charting, BlackBull Markets lists 60 drawing tools compared with 15 at Vantage; technical indicator counts were not specified. Watchlists include 6 fields at BlackBull Markets versus 7 at Vantage. Each broker earned 4 stars for Trading Platforms and Tools on ForexBrokers.com, with Vantage ranked #21 of 63 and BlackBull Markets ranked #31.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Vantage both deliver capable mobile trading apps for iPhone and Android. Each app includes price alerts, real-time watchlists, 30 chart indicators, trendline drawing tools, multiple time frames, and auto-saved chart annotations. User ratings are tied at 4 out of 5 stars for Mobile Trading Apps, so either choice covers the core needs of stock and forex traders on the go.
The main difference is watchlist syncing: BlackBull Markets syncs symbols between the mobile app and your online account, while Vantage does not. In ForexBrokers.com’s rankings for Mobile Trading Apps, Vantage placed #29 out of 63 brokers, edging out BlackBull Markets at #33. If seamless watchlist syncing across devices matters most, BlackBull Markets has the advantage; if third-party rankings carry more weight, Vantage gets the nod.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BlackBull Markets and Vantage both provide comprehensive educational resources designed for forex and CFD traders, making them appealing choices for beginners exploring the financial markets. Each platform offers a wide array of educational materials, including over ten articles, videos, and archived webinars focused on forex and CFDs. Both also host regular online educational webinars at least once a month and maintain searchable archives of these sessions, adding convenience for learners who prefer flexible access to educational content. Beginners can find over ten videos targeting foundational trading topics on both platforms, matched by an equivalent level of advanced content catering to those looking to deepen their expertise. Furthermore, each broker includes an investor dictionary with over 50 defined investing terms, ensuring that users have a solid understanding of essential terminology.
While both BlackBull Markets and Vantage have been rated four stars for their educational offerings, Vantage holds a slight edge in the rankings, securing the 24th spot compared to BlackBull Markets' 29th place among 63 brokers evaluated by ForexBrokers.com. This minor distinction suggests that Vantage may offer a slightly more comprehensive educational experience. However, both platforms provide substantial resources to support beginner traders in gaining the necessary knowledge and skills in the dynamic world of trading.
| Feature |
BlackBull Markets
|
Vantage
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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
|
Vantage
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 90 |
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Both BlackBull Markets and Vantage do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
When comparing online brokers BlackBull Markets and Vantage in terms of deposit and withdrawal options, both platforms support Skrill, Visa, Mastercard, and bank wires; however, only Vantage offers PayPal, with neither providing ACH or SEPA transfers.
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 (SFC 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 0.71 | 1.30 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.75 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Vantage | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Vantage | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Vantage | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Vantage | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Vantage | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Vantage | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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