BlackBull Markets vs EagleFX | Which is best 2024 (2024)

BlackBull Markets vs EagleFX | Which is best 2024 (1)

Review

3.7

BlackBull Markets vs EagleFX | Which is best 2024 (2)

Review

4.1

BlackBull Markets vs EagleFX | Which is best 2024 (4) Traders from US not accepted

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BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.

EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for short-term traders.

Customer Reviews

5

Based on 1 EagleFX customer reviews

Comment by Reviewer "BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms." "EagleFX will serve experienced day traders looking for raw ECN spreads, high leverage and fast withdrawals. Beginners can also take advantage of the low $10 minimum deposit and round-the-clock support. However, the lack of regulation is a major drawback." Pros
  • CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading
  • Commission-free trading with spreads from 0.0 pips
  • Superb range of platforms including TradingView Pro
  • Responsive customer service during testing
  • Excellent educational content for beginners
  • $0 minimum deposit and 0.01 lot trades
  • Huge range of 26,000+ instruments
  • Autochartist plugin
  • The $6 round-turn commissions are competitive (other commission structures we review come in at around $7 per round-turn)
  • The broker offers free and unlimited demo accounts in MT4, plus no inactivity fees - ideal for beginners seeking flexibility
  • The broker offers Bitcoin deposits, as well as fast-tracked withdrawals, which will serve more active traders
  • EagleFX continues to offer 24/7 customer support to clients via live chat, email or telephone
  • High forex leverage is available for experienced investors, up to 1:500
Cons
  • Withdrawal fees with some methods
  • US traders not accepted
  • There are very limited educational resources, market research and popular additional tools like copy trading - common features found at many alternatives
  • The range of 100+ instruments is very limited compared to the hundreds offered by most other competitors
  • The broker is based offshore and is unregulated, meaning traders will receive little to no safeguards
Awards
  • Best ECN Broker 2022
  • Deloitte Fast 50 Index 2021
  • Best NZ Forex Broker 2021
  • FX Broker With Best Withdrawal Options 2020
  • Best ECN/STP Broker 2020
  • Best Forex Broker 2020
Instruments Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies Demo Account Yes Yes Minimum Deposit $0 $10 Trading Platforms
  • MT4
  • MT5
  • cTrader
  • TradingView
  • AutoChartist
  • MT4
Payment Methods
  • Bitcoin Payments
  • Boleto
  • Credit Card
  • Debit Card
  • FasaPay
  • Mastercard
  • Neteller
  • Skrill
  • UnionPay
  • Visa
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Mastercard
  • Visa
  • Wire Transfer
Minimum Trade 0.01 Lots 0.01 Lots Regulator FMA, FSA Margin Trading Yes Yes STP Account No Yes ECN Account Yes Yes DMA Account No No MAM Account Yes No PAMM Account No No LAMM Account No No Demat Account No No AI / Machine Learning No No Robo Advisor No No Negative Balance Protection Yes No Market Maker No No P2P Trading No No Spot Trading Yes No Mobile Apps iOS & Android iOS & Android Android App Rating

3.7

4.4

iOS App Rating

3.7

4.8

Auto Trading Yes Expert Advisors (EAs) on MetaTrader Copy Trading Yes No Copy Trading Platform Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools. Social Trading Yes No Trade Signals MT4 VPS Hosting Yes No Tournaments No No Demo Competitions No No Ethical Investing No No Custodial Account No No Guaranteed Stop Loss No No Inactivity Fee $0 $0 Islamic Account Yes Yes Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
  • USD
  • EUR
  • GBP
Stock Exchanges
  • Australian Securities Exchange
  • DAX GER 40 Index
  • FTSE UK Index
  • Nasdaq
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
Commodities
  • Cocoa
  • Coffee
  • Corn
  • Gasoline
  • Gold
  • Natural Gas
  • Oil
  • Silver
  • Sugar
  • Wheat
  • Gold
  • Oil
  • Silver
CFD Trading BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support. The broker offers a small range of 100+ CFD instruments spanning key markets, with high leverage up to 1:500. Pricing is reasonable, with round turn commissions coming in at $6 alongside tight spreads. Multiple short-term strategies are also permitted, including hedging and scalping. Leverage 1:500 1:500 FTSE Spread 10.4 0.77 GBPUSD Spread 0.8 1.3 Oil Spread 5.2 0.09 Stocks Spread Variable Variable Forex Trading BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500. You can go long or short on over 50 forex pairs from majors to exotics, with competitive spreads as low as 0.1 pips. The broker offers the leading charting software, MetaTrader 4, which delivers a host of advanced features, including 9 timeframes and over 30 indicators. GBPUSD Spread 0.8 1.3 EURUSD Spread 0.2 0.7 EURGBP Spread 0.8 1.4 Assets 64 55 Cryptocurrency BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule. A strong range of cryptocurrencies are available with 35+ tokens including popular assets like Bitcoin and Ethereum. You can also make convenient Bitcoin deposits within minutes, with no transfer fees. Spread Variable Floating Coins
  • BTC
  • ETH
  • BCH
  • LTC
  • XRP
  • DOGE
  • ADA
  • DOT
  • LINK
  • EOS
  • XLM
  • BCH
  • BTC
  • DASH
  • EOS
  • BIT
  • ETP
  • LTC
  • BTC
  • OMG
  • ZEC
  • USDT
  • BCH
  • ETP
  • QTUM
  • XMR
  • DOT
  • ETC
  • IOS
  • NEO
  • SAN
  • ZRX
  • EDO
  • ETH
  • IOT
  • NEO
  • SAN
  • XRP
  • BTG
  • EDO
  • ETH
  • OMG
  • TRX
  • XRP
Crypto Lending No No Crypto Mining No No Crypto Staking No No Auto Market Maker No No

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BlackBull Markets vs EagleFX | Which is best 2024 (5)

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