IIFL vs BlackBull Markets

IIFL vs BlackBull Markets Comparison Table 2023
IIFL BlackBull Markets
Not Yet Rated

IIFL is #35 in our broker rankings.

3.7
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees.

BlackBull Markets is an award-winning forex and CFD broker with beginner-friendly trading tools and 24/7 customer support.

Pros
  • Copy trading
  • Spreads from 0.01 pips
  • $0 minimum deposits
  • 24/7 customer support
  • MetaTrader 4 & MetaTrader 5
Cons
  • Withdrawal fees
  • No welcome bonuses
  • US traders not accepted
Awards
  • Best ECN Broker 2022
  • Deloitte Fast 50 Index 2021
  • Best NZ Forex Broker 2021
Bonus
Gift vouchers worth up to ₹5000
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
No Yes
Minimum Deposit
1000 Rs $0
Payment Methods
Minimum Trade
0.01 Lots
Regulator
SEBI FMA, FSA
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
IIFL Markets & IIFL Mutual Funds iOS & Android
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
Blackbull Markets offer social and copy trading products on HokoCloud, DupliTrade and Myfxbook.
Social Trading
No Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Buy and sell CFDs with up to 1:500 leverage and spreads from 0.0 pips.
Leverage
1:500
FTSE Spread
10.4 pips (variable by account)
GBPUSD Spread<
0.8 pips (variable by account)
Oil Spread
5.2 pips
Stocks Spread
Variable
Forex Trading
IIFL offers forex trading on a range of pairs with the Indian Rupee (INR). BlackBull Markets offers leveraged FX trading.
GBPUSD Spread
Not offered Average 0.8 pips (variable by account)
EURUSD Spread
Not offered Average 0.2 pips (variable by account)
EURGBP Spread
Not offered Average 0.8 pips (variable by account)
Assets
20+ 64
Cryptocurrency
Crypto trading not offered Trade popular crypto tokens using leveraged CFDs.
Spread
Variable
Coins
  • 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
More Comparisons
IIFL
vs
BlackBull Markets
vs