FBS vs BlackBull Markets

FBS vs BlackBull Markets Comparison Table 2024
FBS	BlackBull Markets
Review 4.3	Review 3.7

FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has 17 million clients in over 190 countries, attracted by a diverse range of markets and the reputable MetaTrader platforms.	BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.
Promotions
FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
Comment by Reviewer
"FBS is a great choice for traders of all experience levels and budgets with various account types, plus MetaTrader 4 and MetaTrader 5 access. That said, the broker's Cent account and intensive forex course will be particularly beneficial for beginners."	"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."
Pros
There’s a great choice of account types for short-term traders including crypto, cent and ECN options, with decent forex spreads at 0.7 pips FBS maintains its position as a trusted European broker with top-tier licenses, several awards and negative balance protection for clients The MetaTrader terminals deliver a comprehensive day trading environment at FBS, including up to 21 timeframes and 6 pending orders The commission-free payment methods and low minimum deposits make the broker ideal for beginners or those on a lower budget The broker’s NDD technology ensures fast order execution within 0.4 seconds and no requotes There’s a comprehensive learning section with tailored courses, webinars and trade ideas	CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading Commission-free trading with spreads from 0.0 pips Superb range of platforms including TradingView Pro Responsive customer service during testing Excellent educational content for beginners $0 minimum deposit and 0.01 lot trades Huge range of 26,000+ instruments Autochartist plugin
Cons
There’s no copy trading solution which would offer an alternative way to trade and is offered at many top competitors like Skilling Account availability, platform access and market coverage all vary by jurisdiction There's a limited range of assets overall, including only 35+ currency pairs	Withdrawal fees with some methods US traders not accepted
Awards
Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015	Best ECN Broker 2022 Deloitte Fast 50 Index 2021 Best NZ Forex Broker 2021
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$5	$0
Trading Platforms
MT4 MT5	MT4 MT5 cTrader TradingView AutoChartist
Payment Methods
AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer	Bitcoin Payments Boleto Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, FSC, FSCA	FMA, FSA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
Android App Rating
4.9	3.7
iOS App Rating
4.6	3.7
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools.
Social Trading
No	Yes
Trade Signals
MT4 & MT5
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange (ASX) DAX GER 40 Index FTSE UK Index Nasdaq
Commodities
Gasoline Gold Natural Gas Oil Silver	Cocoa Coffee Corn Gasoline Gold Natural Gas Oil Silver Sugar Wheat
CFD Trading
You can go long or short on a decent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with over 50 indicators and charting tools, plus fast market execution from 0.3 seconds.	BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support.
Leverage
1:30 (EU & Restricted Countries), 1:3000 (Global)	1:500
FTSE Spread
From 0.0	10.4
GBPUSD Spread
From 0.6	0.8
Oil Spread
From 0.0	5.2
Stocks Spread
Variable	Variable
Forex Trading
FBS offers a below-average range of 35+ majors, minors and exotics. That said, spreads are fairly competitive, averaging 0.7 pips for EUR/USD in the Standard account. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.	BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500.
Forex App
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
From 0.6	0.8
EURUSD Spread
From 0.5	0.2
EURGBP Spread
From 2.1	0.8
Assets
36	64
Cryptocurrency
FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs, making the broker a great pick for traders looking to diversify their digital asset portfolios. Spreads are also decent, averaging around 20.0 for BTC/USD.	BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule.
Spread
Floating	Variable
Coins
ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC	BTC ETH BCH LTC XRP DOGE ADA DOT LINK EOS XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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