| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT5, cTrader, TradingView, BlackBull Shares Trading Platforms | 26,000+ Markets To Trade | BlackBull offers a wide range of trading, including copy trading, automated trading and Stocks CFDs trading (with 26,000+ Stocks CFDs) About |
| FXTM | $500 Minimum Deposit | MT4, MT5 Trading Platforms | 1000+ Markets To Trade | FXTM provides trading including automated trading on MT4 and MT5 About |
BlackBull and FXTM Comparison
Each broker offers MT4 and MT5. BlackBull additionally offers its BlackBull shares mobile app, with 26,000+ markets to trade, cTrader and TradingView. Both brokers allow automated trading via EA (Expert Advisors) trading robots.
Quick comparison
Both offer MT4 and MT5. BlackBull additionally provides its BlackBull Shares app, with 26,000+ Stocks CFDs, cTrader, TradingView and the BlackBull Trade app.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for FXTM is $500.
- BlackBull offers an ECN Standard account with a minimum deposit of $0 and an ECN Prime account with a minimum deposit of $2000. It has an Islamic account for each of these account types. BlackBull additionally provides a Shares Trading Account, to access its BlackBull Shares mobile app. BlackBull also offers an ECN Institutional account with a minimum deposit of $20,000. BlackBull's ECN Standard account does not have a commission charge, thus can offer higher spreads compared with its other accounts which charge commissions. BlackBull offers an FX Academy and Market Analysis on its site. BlackBull offers social and copy trading on ZuluTrade, Myfxbook and BlackBull CopyTrader. The minimum trade size is 0.01 lots.
- FXTM offers two account types: Advantage and Advantage Plus. The minimum deposit for the Advantage and Advantage Plus account is $500. The Advantage account offers spreads from 0 plus a commission charge. The Advantage Plus account offers spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest.
Markets
- BlackBull offers Forex, Indices, Energy, Metals, Stocks, Options and Cryptocurrencies, with 26,000+ available.
- FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | BlackBull provides a wide range of trading, including automated trading, copy trading and Stocks CFDs trading (with 26,000+ Stocks CFDs on a mobile app) Description |
| FXTM Broker | MT4, MT5 Trading Platforms | FXTM offers trading (including automated trading) on MT4 and MT5 and copy trading on FXTM Invest Description |
Spreads and leverage
- BlackBull and FXTM can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge while FXTM can additionally offer Forex spreads from 1.5 without a commission charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for FXTM (FSC regulated) is 500:1. Maximum leverage for FXTM (FCA or CySEC regulated) is .
Commission charge
- BlackBull does not charge a commission on its ECN Standard account and charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
- FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded. The commission is charged for the Advantage account.
Online trading platforms
Both provide MT4 and MT5. BlackBull additionally offers its BlackBull Shares mobile app, TradingView, cTrader and the BlackBull Trade app.
Why BlackBull or FXTM ?
Traders who want to trade on MT4 or MT5 may do so at either broker. Traders who want to trade a large number of Stocks CFDs may do so at BlackBull (26,000+). Those who want to use TradingView or cTrader, can do so at BlackBull.
Comparison summary
- Both offer CFD trading
- Each provides MT4 and MT5
- BlackBull additionally offers its BlackBull Shares app
- BlackBull additionally provides TradingView and cTrader
- BlackBull offers 26,000+ Stocks CFDs on a mobile app
