InstaForex vs. BlackBull Markets
Comparison: InstaForex vs. BlackBull Markets – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: InstaForex with an overall rating of 48%
Basic information
| Basic information |  InstaForex |  BlackBull Markets |
|---|---|---|
| Deposit | 200 EUR/USD | 200 EUR/USD |
| Spreads | 1.3 EUR/USD | 0.76 EUR/USD |
| Established | 2007 | 2014 |
| Currency Pairs (Total Forex pairs) | 82 | 30 |
| Country | Cyprus | New Zealand |
| Regulation | Cysec | Yes |
| Trading app | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Number of CFD asset classes | 6 | 3 |
| Broker type | ECN, MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire | Yes |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
81.62% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
In terms of overall rating, both brokers are equal – both have 48%. InstaForex requires a minimum deposit of 200 EUR/USD, while BlackBull Markets sets it at 200 EUR/USD. The entry amount is the same for both. For InstaForex, the spread is 1.3 EUR/USD, while for BlackBull Markets it is 0.76 EUR/USD. Lower spreads at BlackBull Markets give it the edge. InstaForex offers 82 forex pairs, while BlackBull Markets provides 30. A wider selection gives InstaForex the advantage. InstaForex was founded in 2007, while BlackBull Markets has been operating since 2014. The longer tradition of InstaForex means greater experience. This advantage goes to BlackBull Markets, while InstaForex lacks it. InstaForex is overseen by 1 regulatory bodies, while BlackBull Markets has 0. More regulations at InstaForex enhance its trustworthiness. InstaForex supports 2 platforms, while BlackBull Markets offers 2. In terms of platform count, both are on the same level.
48%
InstaForex
29%
BlackBull Markets
Key Strengths
InstaForex
- Wide range of instruments : InstaForex offers trading with more than 100 currency pairs, CFDs, commodities, and cryptocurrencies.
- No minimum deposit : InstaForex has no minimum deposit requirement, allowing you to start trading with any amount.
- Professional education and analysis : InstaForex provides comprehensive educational and analytical tools useful for both beginners and experienced traders.
- Quick deposits : Various deposit methods, including Bitcoin and credit cards, allow for quick and easy account funding.
BlackBull Markets
- At present, it seems that the broker we are reviewing does not have any specific advantages that distinguish it from the competition or stand out directly.
Comparison by Categories
Comprehensive Comparison: InstaForex vs BlackBull Markets
InstaForex BlackBull Markets Investments
75 % 38 %| Investments | InstaForex | BlackBull Markets |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 82 | 30 |
| CFDs – Total Offered | 2600+ | 50+ |
| Options CFD | No | No |
| Share CFDs | Yes | No |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | Yes | No |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | Yes | No |
Cost
60 % 100 %| Cost | InstaForex | BlackBull Markets |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1.3 | 0.76 |
| Deposit from | 200 | 200 |
| Account fee | No | No |
| Inactivity fee | Yes | No |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | Yes | No |
| Deposit fees | No | No |
Trading app
29 % 29 %| Trading app | InstaForex | BlackBull Markets |
|---|---|---|
| Desktop Platform (Windows) | No | No |
| Web Platform | No | No |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 70 %| Trading Tools | InstaForex | BlackBull Markets |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | Yes |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | Yes | No |
| Finacial Calendar | Yes | No |
| Daily financial news | Yes | No |
| Order Type – Trailing Stop | Yes | Yes |
Research
67 % 17 %| Research | InstaForex | BlackBull Markets |
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | No | No |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | Yes | No |
| Research | Yes | No |
Education
83 % 33 %| Education | InstaForex | BlackBull Markets |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
| Education | Yes | No |
Forex
100 % 100 %| Forex | InstaForex | BlackBull Markets |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
36 % 36 %| Commodities | InstaForex | BlackBull Markets |
|---|---|---|
| Gold | Yes | Yes |
| Silver | Yes | Yes |
| WIT Oil | Yes | Yes |
| Brent Oil | Yes | Yes |
| Coffee | No | No |
| Cocoa | No | No |
| Soybeans | No | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
Indicies
100 % 100 %| Indicies | InstaForex | BlackBull Markets |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
40 % 0 %| Cryptocurrencies | InstaForex | BlackBull Markets |
|---|---|---|
| Bitcoin | Yes | No |
| Litecoin | No | No |
| Ethereum | Yes | No |
| Ripple | Yes | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | Yes | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
17 % 0 %| Regulations | InstaForex | BlackBull Markets |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | No | No |
| FCA (UK) | No | No |
| Authorised in the European Union (EU) | No | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | InstaForex | BlackBull Markets |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
48 % 29 %| Overall | InstaForex | BlackBull Markets |
|---|
Our Recommendations
Best for InstaForex
Thanks to comprehensive educational materials and a user-friendly platform, InstaForex is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs BlackBull Markets
offers competitive spreads and lower fees, making it ideal for active traders.
InstaForex BlackBull Markets