| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT5, cTrader, TradingView, BlackBull Shares, BlackBull Trade Trading Platforms | 26,000+ Markets To Trade | BlackBull offers trading on MT4 and MT5 (including automated trading), on TradingView and cTrader and has 26,000+ Stocks CFDs to trade on a mobile app About |
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | 1000+ Markets To Trade | Pepperstone offers trading, including automated trading, on MT4, MT5, cTrader and TradingView About |
BlackBull vs Pepperstone Comparison
These are both brokers which use Equinix Data Centres, offer standard accounts without a commission charge and accounts with a commission charge. Both provide MT4, MT5, cTrader and TradingView. BlackBull additionally provides the BlackBull Shares mobile app, with 26,000+ Stocks CFDs.
ECN trading conditions
Both offer no dealing desk order execution and locate their servers in Equinix Data Centres.
Quick comparison
Both provide MT4, MT5, cTrader and TradingView. BlackBull additionally offers the BlackBull Shares mobile app.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for Pepperstone is $200.
- 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.
- Pepperstone offers a Standard and a Razor account for CFD trading and in the UK additionally offers a spread betting account. Pepperstone provides trading guides, a market review and an economic calendar its website. Pepperstone says that latency is as low as 30ms. The minimum trade size is 0.01 lots.
- Pepperstone's Standard and Islamic accounts do not charge commissions and hence offer higher spreads as they include a mark up. The Razor account charges commissions and allows scalping.
Markets
- BlackBull offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Options, with 26,000+ available.
- Pepperstone offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Soft Commodities, with 1000+ available.
BlackBull provides 35+ Forex pairs, Pepperstone provides 60+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | BlackBull offers accounts supporting automated trading, but also provides Shares CFD trading on a mobile app and provides copy trading Description |
| Pepperstone Broker | MT4, MT5, cTrader, TradingView Trading Platforms | Pepperstone provides trading, including automated trading on MT4, MT5, cTrader and TradingView and offers social and copy trading Description |
Spreads and leverage
- Both brokers offer spreads from 0 plus a commission charge and higher spreads without a commission charge, from 0.8 for BlackBull and 1 for Pepperstone.
Maximum leverage for BlackBull is 500:1. Maximum leverage for Pepperstone (CySEC regulated) is . Maximum leverage for Pepperstone (SCB regulated) is 500:1.
Commissions
- BlackBull charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
- Pepperstone charges a commission of $3.76 or AU$3.5 or €2.61 per lot per side on the Razor account, depending on the account currency. cTrader commissions are 7 units per lot round trip of the first quoted currency in the traded currency.
Online trading platforms
Both brokers provide MT4, MT5, cTrader and TradingView. BlackBull additionally provides the BlackBull Shares mobile app and its BlackBull Trade app.
Why BlackBull or Pepperstone ?
Traders who want to trade on MT4, MT5, cTrader or TradingView may do so at either broker. Traders who want to trade a large number of Stocks CFDs (26,000+) can do this at BlackBull, on a mobile app.
Comparison summary
- Both offer CFD trading
- In the UK, Pepperstone additionally provides spread betting
- Both offer MT4, MT5, cTrader and TradingView
- BlackBull additionally provides the BlackBull Shares app
- Each allows automated trading and copy trading
- BlackBull has 26,000+ Stocks CFDs to trade
