3.7 | 4.1 |
Traders from US not accepted See available CFD brokers | Traders from US not accepted See available CFD brokers |
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
| |
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
| |
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
| |
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 |
|
| |
More Comparisons |
BlackBull Markets vs | EagleFX vs |