Written by ForexBrokers.com
In this head to head comparison of Vantage vs DooPrime, 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.
Vantage and DooPrime are two respected online brokers in the financial market, each with unique attributes. Founded in 2009, Vantage boasts a solid track record and holds two Tier-1 licenses, denoting a high level of trust. With a ForexBrokers.com Trust Score of 90 out of 99, Vantage is considered highly trusted for its regulatory standing. Despite not being publicly traded or a bank, Vantage maintains a robust reputation by securing an additional Tier-2 license, further ensuring its reliability and appeal to traders seeking security.
DooPrime, established in 2014, is another formidable player in the brokerage industry, excelling in its regulatory framework. Holding four Tier-1 licenses, DooPrime demonstrates a strong commitment to trustworthiness, underscored by a ForexBrokers.com Trust Score of 83. Although it is not listed on a stock exchange nor operates as a bank, DooPrime's regulatory credentials make it a trusted choice for traders. While lacking Tier-2 licenses, its higher number of top-tier licenses still offers assurance to clients regarding safety and compliance.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Year Founded | 2009 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 3 |
Vantage and DooPrime offer different structures for their trading commissions and fees, each suited to various trader needs. At Vantage, costs depend on the account type and the entity where your account is held. There are three account options: the Standard STP account featuring standard spreads, and the RAW ECN and PRO ECN accounts that are commission-based. The Standard account typically has spreads of 1.30 pips on the EUR/USD, while the RAW account offers lower spreads averaging 0.15 pips, but with an added commission of $3 per side, leading to a total 0.75 pips cost. Vantage also offers a competitive PRO account with a commission of $2 per side; however, it requires specific qualifications based on the regulating entity. Furthermore, an active trader program provides rebates on their Standard account for traders with significant balances and trading volumes.
In contrast, detailed average spread data for DooPrime is unavailable, which can make it trickier for potential users to evaluate their exact costs. Without this data, comparing DooPrime's cost effectiveness directly with Vantage is more challenging. Despite this, DooPrime’s overall rating and ranking provide some insight; it is rated three out of five stars and ranked 58th out of 62 brokers by ForexBrokers.com in the Commissions and Fees category.
When it comes to rankings and ratings, Vantage takes a clear edge over DooPrime. Vantage is rated 4.5 stars and positioned 19th out of 62 brokers, indicating strong performance in the commissions and fees domain. Vantage's structured pricing and rebate options potentially offer superior value, particularly for high-volume traders, compared to DooPrime's less detailed fee structure.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
When it comes to the variety of investment options, DooPrime clearly stands out with a substantial offering of 10,000 tradeable symbols compared to Vantage's slate of 1,000. Both brokers enable forex trading as CFDs or spot contracts, with Vantage providing access to 61 forex pairs, slightly surpassing DooPrime's lineup of 60 pairs. However, DooPrime offers the distinctive advantage of allowing investments in exchange-traded securities on U.S. and international markets, letting users purchase stocks like Apple and Vodafone, an option not available with Vantage.
For cryptocurrency enthusiasts, neither Vantage nor DooPrime allows the purchase of actual cryptocurrencies, though Vantage does offer trading in cryptocurrency derivatives. Both brokers support copy trading, appealing to those interested in mirroring the actions of seasoned traders. Overall, based on their range of investments, Vantage earns a rating of 3.5 stars ranked at #50 by ForexBrokers.com, while DooPrime receives a higher 5-star rating, holding the #12 position. This indicates that DooPrime may offer more diversity and choices for investors.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 61 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| 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.
Choosing between Vantage and DooPrime for their trading platforms and tools presents a close call, as both brokers offer similar features that appeal to traders of all levels. Both Vantage and DooPrime provide simulated trading with free virtual demo accounts, proprietary platforms, and a Windows-based desktop platform, making them accessible and beginner-friendly. Additionally, each offers a web-based trading platform and supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While Vantage stands out slightly by offering DupliTrade, both platforms do not support ZuluTrade. Vantage and DooPrime provide the option to trade directly from stock charts with 15 drawing tools available for charting, and they feature seven columns in their watch lists for easy tracking.
In terms of rating, Vantage and DooPrime both score four out of five stars for their trading platforms and tools. However, Vantage is rated slightly higher, ranking 21st out of 62 brokers by ForexBrokers.com, whereas DooPrime is ranked 25th within the same category. This marginal difference in ranking may suggest Vantage has a slight edge in platform performance or features, yet the differences remain minimal, making either option a strong choice for traders looking for a reliable and comprehensive trading experience.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and DooPrime offer mobile trading apps for iPhone and Android devices, allowing traders to stay connected with the market on the go. These apps provide vital features such as stock and forex price alerts, and the capability to create watchlists with real-time quotes. While neither app offers watchlist symbol syncing between the mobile app and a user's online account, they do come equipped with 30 technical studies for charting. Users can also enjoy features like drawing trendlines directly on charts, viewing multiple time frames, and auto-saving of drawings for future reference.
Despite similar features, users may appreciate the slight distinction in ranking for these platforms' mobile trading offerings. According to ForexBrokers.com, DooPrime's app is ranked slightly higher at #25 out of 62 brokers, compared to Vantage, which holds the #28 spot. However, both apps have been rated highly by users, each garnering 4 out of 5 stars. Whether you choose Vantage or DooPrime, you can expect a solid mobile trading experience designed to meet the needs of modern traders.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | 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.
Both Vantage and DooPrime offer a comprehensive range of market research resources, making them suitable options for traders looking for analytical insights. They provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. Vantage and DooPrime also include tools from Trading Central for technical analysis. However, Vantage has an edge with additional tools from Autochartist and a sentiment-based trading tool, while DooPrime does not offer these features. Both platforms include economic calendars to keep traders informed about global news events.
Despite these similarities, Vantage takes a slight lead, earning a research rating of 4 stars and securing the 21st position among 62 brokers ranked by ForexBrokers.com. In comparison, DooPrime also gathers a 4-star rating but falls to the 29th spot in the same ranking. Neither broker offers market research from TipRanks or Acuity Trading, suggesting room for more diverse research offerings. Overall, Vantage's added features for technical and sentiment analysis give it a slight advantage, especially for traders who value these insights.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Vantage and DooPrime's educational resources for beginners, both brokers provide a wealth of information on forex and CFDs, each offering a minimum of 10 educational pieces. However, Vantage stands out by offering live educational webinars at least once a month, alongside a searchable archive of past webinars, which is not available with DooPrime. Both platforms cater to novices with over 10 beginner-focused educational videos but also provide material for advanced traders.
One significant difference is Vantage's extensive investor dictionary, featuring definitions of over 50 investing terms, a resource not matched by DooPrime. Despite these distinctions, both brokers garner a four-star rating for their educational offerings. In terms of education rankings by ForexBrokers.com, Vantage is slightly ahead, placed 24th out of 62 brokers, compared to DooPrime's 25th position. Overall, while both brokers offer valuable resources for beginners, Vantage provides a more comprehensive package with additional tools and features to support learning.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than DooPrime. Vantage finished with an overall rank of #26, while DooPrime finished with an overall rank of #28.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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DooPrime
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 83 |
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Vantage allows users to engage in cryptocurrency trading through derivatives, while DooPrime does not offer this option, and neither platform provides the ability to purchase actual (delivered) cryptocurrency.
Both Vantage and DooPrime do not support ACH or SEPA transfers for deposits and withdrawals, but offer PayPal, Skrill, Visa/Mastercard, and bank wire options for funding accounts.
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 | Vantage | DooPrime | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review |
| Broker Screenshots | Vantage | DooPrime | |
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| Regulation | Vantage | DooPrime | |
|---|---|---|---|
| Trust Score | 90 | 83 | |
| Year Founded | 2009 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 3 |
| Tier-1 Licenses (Highly Trusted) | Vantage | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Vantage | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 10000 | |
| Forex Pairs (Total) | 61 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| 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 | Vantage | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Vantage | DooPrime | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | 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 | Vantage | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Vantage | DooPrime | |
|---|---|---|---|
| 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 | Vantage Review |
| Overall | Vantage | DooPrime | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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