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 | 2 | 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 | No | 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 comparing the range of investments available from Vantage and DooPrime, there are several key differences to consider. Vantage offers forex trading as a CFD or spot contract with 57 tradeable forex pairs and a total of 1,000 tradeable symbols. However, it does not provide exchange-traded securities on U.S. or international exchanges, meaning investors cannot directly purchase shares of companies like Apple or Vodafone. Vantage does offer copy trading options, as well as the ability to trade in cryptocurrency derivatives, although it does not support buying actual cryptocurrencies directly.
DooPrime also offers forex trading as a CFD or spot contract but features a more extensive selection with 60 tradeable forex pairs and a remarkable 10,000 tradeable symbols. One standout feature of DooPrime is its access to exchange-traded securities on both U.S. and international exchanges, allowing clients to directly invest in companies such as Apple and Vodafone. While DooPrime supports copy trading, it does not offer cryptocurrency derivatives or the direct purchase of cryptocurrencies. With these attributes, DooPrime is rated 5 stars for its range of investments, ranking 12th out of 62 brokers globally, whereas Vantage holds a 3.5-star rating and a 50th place ranking.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 10000 |
| Forex Pairs (Total) | 57 | 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.
When evaluating the trading platforms and tools offered by Vantage and DooPrime, both brokers provide a comprehensive range designed to suit various trading needs. Each offers a free virtual demo account to enable simulated trading, allowing users to practice strategies without financial risk. They also both have proprietary platforms developed in-house, alongside Metatrader 4 (MT4) and Metatrader 5 (MT5), which are popular among traders for their reliability and features. For those who prefer not to use software, web-based trading platforms are available from each broker, in addition to Windows-based desktop platforms. Furthermore, Vantage and DooPrime facilitate direct trading from stock charts and include identical offerings in terms of technical drawing tools for charting, boasting 15 each. Their watchlists are equipped with 7 columns for a customized experience.
Despite similar offerings, there are subtle differences that may influence a trader's choice. Vantage offers both DupliTrade and ZuluTrade, providing more options for copy trading enthusiasts, while DooPrime does not have these features. This might appeal to traders who are particularly interested in social trading networks. Although both brokers are equally rated at 4 stars for trading platforms and tools, Vantage holds a higher rank (#15) compared to DooPrime (#25) among 62 brokers evaluated by ForexBrokers.com in this category. These rankings suggest Vantage might have a slight edge in user satisfaction or platform performance, making it an important consideration when choosing between the two.
| 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 | Yes | 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.
When it comes to mobile trading apps, both Vantage and DooPrime offer apps for iPhone and Android users, ensuring a seamless trading experience across devices. Both platforms provide useful features like price alerts and drawing tools for charts, along with the ability to view various time frames such as daily, weekly, or intraday. Although each platform supports creating watchlists with real-time quotes, neither allows watchlist synchronization between the mobile app and online accounts, making manual updates necessary. Featuring 30 technical studies, these apps provide a solid foundation for analysis and market insights.
Additionally, both Vantage and DooPrime ensure that your chart annotations are automatically saved, adding convenience for users focusing on technical analysis. With both receiving 4-star ratings for their mobile trading apps, DooPrime edges Vantage slightly in the rankings by ForexBrokers.com, placing 24th compared to Vantage's 26th out of 62 brokers. Overall, both apps deliver a dependable trading experience, providing tools and support essential for both novice and seasoned 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.
When comparing the market research offerings of Vantage and DooPrime, both brokers provide daily market commentary and access to top-tier forex news from well-known sources like Bloomberg, Reuters, and Dow Jones. They both feature technical analysis tools from Trading Central, catering to traders who rely on in-depth data insights. However, Vantage stands out by including a sentiment-based trading tool that shows long and short positions across currency pairs, a feature that DooPrime does not offer.
Both Vantage and DooPrime provide an economic calendar, helping traders stay aware of significant global news events. Neither broker includes research tools from Autochartist, TipRanks, or Acuity Trading. According to ForexBrokers.com, Vantage and DooPrime share a four-star rating in research capabilities, with Vantage ranked slightly ahead at #24 compared to DooPrime's #29 out of 62 brokers. These rankings suggest that both brokers provide solid research offerings, though Vantage may offer slightly more value to those emphasizing sentiment analysis.
| Feature |
Vantage
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | 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 it comes to educational resources for beginners, both Vantage and DooPrime have made efforts to provide helpful materials, but there are notable differences. Vantage offers a comprehensive suite of over 10 educational articles and videos focusing on forex and CFDs. Moreover, they host monthly online client webinars and provide access to a searchable archive of previously recorded webinars. This can be especially beneficial for beginners who prefer learning through live demonstrations and want the opportunity to revisit content. Vantage also excels in catering to beginners with a wide range of beginner-focused educational videos and an extensive investor dictionary that defines over 50 terms, making learning about investing easier for newcomers.
DooPrime, on the other hand, matches Vantage in offering over 10 educational pieces on forex and CFDs and provides beginner-focused and advanced-level trading videos. However, they fall short on live engagement and content accessibility, as they do not offer regular monthly webinars or a searchable archive for recorded sessions. Additionally, DooPrime lacks an investor dictionary, which can be a helpful tool for those new to trading. Despite these differences, both brokers share a four-star rating for educational resources, with DooPrime ranked slightly higher at 24th compared to Vantage's 27th place according to ForexBrokers.com. This suggests that each broker has its unique strengths, and potential users should consider what type of educational support suits their learning style best.
| 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
|
|---|---|---|
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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 | 2 | 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) | 57 | 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 | No | 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 | Yes | 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 | No | 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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