Vantage FX vs Bullwaves

Vantage FX or Bullwaves – which is better for UK traders 2025? Compare Vantage FX and Bullwaves in this detailed breakdown of their platforms, features and fees.

Vantage FX vs Bullwaves Comparison Table 2025
Vantage FX Bullwaves
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4.7
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3.9
Vantage FX is ranked #15 among CFD brokers. Bullwaves is ranked #18 among CFD brokers.
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools. Founded in 2024 and based in the Seychelles, Bullwaves is a broker exclusively using MetaTrader. It provides access to over 250 assets, encompassing forex, metals, indices, stocks, and ETFs. Traders have a choice of three account types: Classic, VIP, and Elite, tailored to suit varying levels of experience and financial capacity.
Pros
  • Vantage upholds a high trust score through its solid reputation, backed by premier regulation from the FCA and ASIC.
  • Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
  • ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
  • The trading software suite is outstanding, featuring the acclaimed MT4 and MT5 platforms.
  • The broker recently expanded its range of CFDs, offering more trading opportunities.
  • Vantage addresses the needs of passive investors through user-friendly social trading on ZuluTrade and Myfxbook.
  • With a minimal deposit requirement of just $50 and no funding fees, this broker stands out as an excellent option for novice traders.
  • Hedging and scalping strategies are fully permitted without any short-term restrictions.
  • Opening a live account is both straightforward and swift, requiring under 5 minutes to complete.
  • Registering on the Bullwaves website and creating an account is straightforward and quick, typically completed in just a few minutes according to trials.
  • Bullwaves has enhanced its portfolio by adding international equities, soft commodities, and ETFs. The range of FX assets has increased threefold.
  • MT5 is now supported as MT4 is no longer available, offering traders a top-notch charting platform with superb backtesting features.
  • Bullwaves introduces copy trading, enabling users to mimic traders' strategies with access to over 900 options. Benefit from tight spreads starting at just 0.01 pips.
  • USDT transactions are supported alongside standard bank cards, bank transfers, and e-wallets.
  • All three accounts provide trading without commission fees, allowing users to trade without additional costs other than the spread.
Cons
  • It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
  • To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
  • Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
  • Regrettably, cryptocurrencies are accessible solely to clients in Australia.
  • Bullwaves operates outside of regulation in key markets. It holds a licence with the FSA, a 'red tier' regulator, indicating a lack of oversight from respected authorities to enforce robust financial standards.
  • Customer support was dismal during our assessment. Contrary to their advertisement, there was no 24/7 chat service, and our email inquiries went unanswered.
  • Bullwaves lacks educational and research resources, diminishing its attractiveness to novice traders, particularly when compared to leading firms like IG.
  • Despite being a recent entry, the Bullwaves website features numerous non-functional links and placeholder text, undermining trust.
  • A zero-spread trading account is unavailable, which may hinder experienced traders seeking to profit from minor price fluctuations.
Awards
  • Most Trusted Broker Global - International Business Magazine Award 2025
  • Best Global Broker - Ultimate Fintech Awards LATAM 2025
  • Best Forex Affiliate Program - Global Brand Awards 2025
  • Best CFD Broker Global - Global Brands Magazine 2024
  • Best Trade Execution - Global Forex Awards 2023
  • Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting CFDs, Forex, Commodities, Stocks, Indices, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50 $250
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, FSCA, VFSC FSA
Mobile Apps
iOS & Android iOS & Android
Trading App
Vantage provides a comprehensive trading app with a sleek design and user-friendly interface, making market analysis and trading simple. Although switching to horizontal mode may take a few seconds, it offers excellent chart views. This small delay is offset by easy access to indicators, drawing tools, an economic calendar, newsfeed, market analysis, and FX TV. Bullwaves licenses the MT5 platform for iOS and Android. Although MetaTrader attracts seasoned traders, beginners may find the absence of a proprietary app disadvantageous, as specific apps typically offer simpler interfaces and a more gradual learning curve.
iOS App Rating
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3.6
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4.8
Android App Rating
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3.9
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4.6
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Traders benefit from social and copy trading at Vantage through MetaTrader, DupliTrade, ZuluTrade, and Myfxbook. ZuluTrade stands out as a leading social trading network. It employs an advanced algorithm to rank top signal providers. Bullwaves introduces copy trading, allowing users to replicate trades from leading strategy providers. With access to over 900 strategies and competitive spreads starting at just 0.01 pips, traders can easily leverage expert insights.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • PLN
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Gasoline
  • Copper
  • Palladium
  • Platinum
  • Cocoa
  • Coffee
  • Orange Juice
  • Cotton
  • Sugar
  • Wheat
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Corn
  • Cocoa
CFD
Traders can engage in leveraged speculation on over 1,000 financial markets, with leverage reaching up to 1:2000 based on regional regulations. One can take positions on both increasing and decreasing prices in currencies, commodities, indices, and shares, without needing to own the actual asset. A wide range of CFD trading platforms offers the flexibility to trade on desktop, web, or mobile, ensuring a smooth experience. Bullwaves provides CFDs with leverage up to 1:500, enabling traders to capitalise on short-term price fluctuations. The range of CFDs, however, is somewhat restricted, encompassing 100 currency pairs, six indices, and two metals. While cryptocurrencies are absent, stocks and soft commodities are available.
Leverage
1:30 1:500
FTSE Spread
1.0 Variable
GBPUSD Spread<
0.5 Variable
Oil Spread
0.01 Variable
Stocks Spread
0.01 Variable
Forex
Vantage provides over 55 currency pairs, exceeding the industry norm, giving traders ample opportunities. With a robust liquidity pool, forex spreads start at 0.0 pips on the ECN account, often beating other options. Additionally, there are no commissions, deposit fees, or hidden charges. Bullwaves has enhanced its forex services, now offering over 100 major, minor, and exotic currency pairs through the advanced MetaTrader 5 platform. This platform features an impressive charting suite and backtesting tools.
Assets
55+ 100+
GBPUSD Spread
0.5 Variable
EURUSD Spread
0.0 Variable
EURGBP Spread
0.5 Variable
Currency Indices
  • USD
Vantage FX Bullwaves
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