BlackBull Markets vs. AvaTrade

Comparison: BlackBull Markets vs. AvaTrade – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.

Winner of this comparison: AvaTrade with an overall rating of 49%

BlackBull Markets vs. AvaTrade

Basic information

Basic information
BlackBull Markets AvaTrade
Deposit 200 EUR/USD 100 EUR/USD
Spreads 0.76 EUR/USD 0.9 EUR/USD
Established 2014 2006
Currency Pairs (Total Forex pairs) 30 60
Country New Zealand Poland, Australia
Regulation Yes Authorised in the European Union (EU), ASIC (Australia)
Trading app MetaTrader 4 (MT4), MetaTrader 5 (MT5) Desktop Platform (Windows), Web Platform, MetaTrader 5 (MT5)
Number of CFD asset classes 3 6
Broker type MM MM
Support Phone, Mail, Chat Phone, Mail, Chat
Funding methods Yes * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire
Real Stocks and ETFs Yes Yes

*The value is indicative from the broker's website. The spread amount is variable.

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.

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

If you don’t want to read the full comparison, the winner of our review is AvaTrade, which takes the lead with a rating of 49%, while BlackBull Markets only reaches 29%. BlackBull Markets requires a minimum deposit of 200 EUR/USD, while AvaTrade sets it at 100 EUR/USD. Conversely, AvaTrade scores with a lower minimum deposit. For BlackBull Markets, the spread is 0.76 EUR/USD, while for AvaTrade it is 0.9 EUR/USD. Tighter spreads make BlackBull Markets a more advantageous choice. BlackBull Markets offers 30 forex pairs, while AvaTrade provides 60. More options come with AvaTrade. BlackBull Markets was founded in 2014, while AvaTrade has been operating since 2006. The older AvaTrade has the upper hand in this regard. A big plus for BlackBull Markets is the ability to trade real stocks, which AvaTrade doesn’t offer. BlackBull Markets is overseen by 0 regulatory bodies, while AvaTrade has 2. Stricter oversight at AvaTrade gives it an advantage. BlackBull Markets supports 2 platforms, while AvaTrade offers 3. More options are provided by AvaTrade.
29%
BlackBull Markets
49%
AvaTrade

Key Strengths

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.
AvaTrade
  • Information about advantages is not available

Comparison by Categories

  1. Investments 38 75
  2. Cost 100 80
  3. Trading app 29 43
  4. Trading Tools 70 80
  5. Research 17 67
  6. Education 33 50
  7. Forex 100 100
  8. Commodities 36 64
  9. Indicies 100 100
  10. Cryptocurrencies 0 60
  11. Regulations 0 33
  12. Support 100 100
  13. Overall 29 49

Comprehensive Comparison: BlackBull Markets vs AvaTrade

BlackBull Markets
AvaTrade

Investments

38 % 75 %
Investments
Investments BlackBull MarketsAvaTrade
Currency Pairs (Total Forex pairs) 30 60
CFDs – Total Offered 50+ 722+
Options CFD No Yes
Share CFDs No No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD No Yes

Cost

100 % 80 %
Cost
Cost BlackBull MarketsAvaTrade
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.76 0.9
Deposit from 200 100
Account fee No No
Inactivity fee No Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No

Trading app

29 % 43 %
Trading app
Trading app BlackBull MarketsAvaTrade
Desktop Platform (Windows) No Yes
Web Platform No Yes
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes Yes
Currenex No No
cTrader No No

Trading Tools

70 % 80 %
Trading Tools
Trading Tools BlackBull MarketsAvaTrade
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 No
Stop-Loss No Yes
Finacial Calendar No Yes
Daily financial news No No
Order Type – Trailing Stop Yes Yes

Research

17 % 67 %
Research
Research BlackBull MarketsAvaTrade
Daily Market Commentary No Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No Yes
Social Sentiment – Currency Pairs No No
Economic Calendar No Yes
Research No No

Education

33 % 50 %
Education
Education BlackBull MarketsAvaTrade
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No No
Investor Dictionary (Glossary) No No
Education No No

Forex

100 % 100 %
Forex
Forex BlackBull MarketsAvaTrade
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 % 64 %
Commodities
Commodities BlackBull MarketsAvaTrade
Gold Yes No
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee No No
Cocoa No No
Soybeans No Yes
Rice No No
Corn No Yes
Platinum No Yes
Palladium No Yes

Indicies

100 % 100 %
Indicies
Indicies BlackBull MarketsAvaTrade
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes

Cryptocurrencies

0 % 60 %
Cryptocurrencies
Cryptocurrencies BlackBull MarketsAvaTrade
Bitcoin No Yes
Litecoin No Yes
Ethereum No Yes
Ripple No Yes
Neo No Yes
Stellar No Yes
Cardano No No
Tron No No
Monero No No
EOS No No

Regulations

0 % 33 %
Regulations
Regulations BlackBull MarketsAvaTrade
Cysec No No
ASIC (Australia) No Yes
FCA (UK) No No
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No

Support

100 % 100 %
Support
Support BlackBull MarketsAvaTrade
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

29 % 49 %
Overall
Overall BlackBull MarketsAvaTrade

Our Recommendations

Best for AvaTrade

Thanks to comprehensive educational materials and a user-friendly platform, AvaTrade is an ideal choice for new traders.

Best Platform AvaTrade

The trading platform of broker AvaTrade offers an intuitive interface and advanced features for efficient trading.

Lowest Costs BlackBull Markets

offers competitive spreads and lower fees, making it ideal for active traders.

BlackBull Markets AvaTrade