Swissquote vs. BlackBull Markets
Comparison: Swissquote vs. BlackBull Markets – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: Swissquote with an overall rating of 47%
Basic information
| Basic information |  Swissquote |  BlackBull Markets |
|---|---|---|
| Deposit | 1000 EUR/USD | 200 EUR/USD |
| Spreads | 3 EUR/USD | 0.76 EUR/USD |
| Established | 1996 | 2014 |
| Currency Pairs (Total Forex pairs) | 78 | 30 |
| Country | Switzerland, UK | New Zealand |
| Regulation | FCA (UK), Cysec | Yes |
| Trading app | MetaTrader 4 (MT4), Web Platform, MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Number of CFD asset classes | 7 | 3 |
| Broker type | MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. 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.
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
In terms of overall rating, both brokers are equal – both have 47%. Swissquote requires a minimum deposit of 1000 EUR/USD, while BlackBull Markets sets it at 200 EUR/USD. Conversely, BlackBull Markets scores with a lower minimum deposit. For Swissquote, the spread is 3 EUR/USD, while for BlackBull Markets it is 0.76 EUR/USD. Lower spreads at BlackBull Markets give it the edge. Swissquote offers 78 forex pairs, while BlackBull Markets provides 30. A wider selection gives Swissquote the advantage. Swissquote was founded in 1996, while BlackBull Markets has been operating since 2014. The longer tradition of Swissquote means greater experience. Both brokers allow trading with real stocks. Swissquote is overseen by 2 regulatory bodies, while BlackBull Markets has 0. More regulations at Swissquote enhance its trustworthiness. Swissquote supports 3 platforms, while BlackBull Markets offers 2. A greater choice of platforms gives Swissquote the lead.
47%
Swissquote
29%
BlackBull Markets
Key Strengths
Swissquote
- Long-term existence and credibility: Swissquote was founded in 1996 and is publicly traded on the SIX exchange. It is regulated in five Tier-1 jurisdictions.
- Multi-asset offering: Swissquote allows trading with over 3 million financial products, including stocks, options, futures, ETFs, and structured products.
- Choice of trading platforms: The broker offers access to the MetaTrader platform, including additional add-ons such as MetaTrader Master Edition. Additionally, it has its own CFXD platform with TradingView charts.
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: Swissquote vs BlackBull Markets
Swissquote BlackBull Markets Investments
88 % 38 %| Investments | Swissquote | BlackBull Markets |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 78 | 30 |
| CFDs – Total Offered | 150+ | 50+ |
| Options CFD | Yes | 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 | Yes | No |
| Cryptocurrency traded as CFD | No | No |
Cost
80 % 100 %| Cost | Swissquote | BlackBull Markets |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 3 | 0.76 |
| Deposit from | 1000 | 200 |
| Account fee | No | No |
| Inactivity fee | Yes | No |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
43 % 29 %| Trading app | Swissquote | BlackBull Markets |
|---|---|---|
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | 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 | Swissquote | 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
33 % 17 %| Research | Swissquote | 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 | No | No |
| Research | No | No |
Education
100 % 33 %| Education | Swissquote | BlackBull Markets |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
| Education | Yes | No |
Forex
100 % 100 %| Forex | Swissquote | 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
27 % 36 %| Commodities | Swissquote | BlackBull Markets |
|---|---|---|
| Gold | Yes | Yes |
| Silver | Yes | Yes |
| WIT Oil | Yes | Yes |
| Brent Oil | No | 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 | Swissquote | BlackBull Markets |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
30 % 0 %| Cryptocurrencies | Swissquote | BlackBull Markets |
|---|---|---|
| Bitcoin | Yes | No |
| Litecoin | Yes | No |
| Ethereum | Yes | No |
| Ripple | No | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
33 % 0 %| Regulations | Swissquote | BlackBull Markets |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | No | No |
| FCA (UK) | Yes | No |
| Authorised in the European Union (EU) | No | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | Swissquote | BlackBull Markets |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
47 % 29 %| Overall | Swissquote | BlackBull Markets |
|---|
Our Recommendations
Best for Swissquote
Thanks to comprehensive educational materials and a user-friendly platform, Swissquote is an ideal choice for new traders.
Best Platform Swissquote
The trading platform of broker Swissquote 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.
Swissquote BlackBull Markets