Tiger Brokers vs BlackBull Markets

Tiger Brokers vs BlackBull Markets Comparison Table 2024
Tiger Brokers	BlackBull Markets
Review 3.5	Review 3.7

Founded in 2014, Tiger Brokers is a stocks and securities broker based in China, offering 350+ products on a proprietary trading terminal. The broker is regulated by the Monetary Authority of Singapore (MAS) among others, and is listed on NASDAQ. As of 2021, the broker has 2 million account holders with an annual trading volume of $404.3+ billion.	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.
Comment by Reviewer
"Based on my experience, Tiger Brokers is an excellent choice for dedicated stock traders looking to trade US, Asian and Australian shares, as well as options, futures, warrants and interest rates. It’s also great for anyone looking for explore an innovative proprietary trading platform."	"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."
Pros
I’m satisfied with the brokers strong industry reputation, with multiple awards, custodian backing (including from Interactive Brokers and DBS bank), and its appointed listing on the NASDAQ I think Tiger Brokers competes well with similar brands when it comes to market coverage, with an excellent range of stocks and funds from US and Pacific exchanges I appreciate that there’s no minimum deposit to get started on the powerful trading terminal, which is accessible via a stable desktop app or mobile device I also appreciate that the broker supports fee-free deposits via bank wire and Wise, in a range of currencies including HKD, USD, AUD and EUR I feel relatively safe registering with this broker since it holds reputable licenses with multiple bodies including the SEC, FINRA and MAS There’s a free demo account available for those who want to browse the platform’s features before committing real funds I found several customer service options, including a live chat, telephone number, WhatsApp and email	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
I think some traders may feel restricted by the single proprietary platform offering, with no access to popular third-party stock trading terminals like MetaTrader 4 Compared to traditional brokers, there’s limited account funding methods which may be a drawback for traders used to depositing via e-wallets Compared to some other brokers, I think the range of educational resources and market analysis tools is lacking a little I’m a little disappointed that there’s no EMEA market access which would serve a wider cohort of investors	Withdrawal fees with some methods US traders not accepted
Awards
	Best ECN Broker 2022 Deloitte Fast 50 Index 2021 Best NZ Forex Broker 2021
Instruments
Stocks, Options, Futures, Stock Options, ETFs, Warrants, Interest Rates	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
Tiger Trade TradingView	MT4 MT5 cTrader TradingView AutoChartist
Payment Methods
TransferWise Wire Transfer	Bitcoin Payments Boleto Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa
Minimum Trade
1 Lot	0.01 Lots
Regulator
MAS, SEC & FINRA, ASIC, SIPC, NFA, DTC, NSCC, HKMA	FMA, FSA
Margin Trading
Yes	Yes
Margin Rate
3.0%
STP Account
No	No
ECN Account
No	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
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Yes	iOS & Android
Android App Rating
	3.7
iOS App Rating
	3.7
Auto Trading
	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
No
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
USD EUR AUD	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Stock Exchanges
Australian Securities Exchange (ASX) Hong Kong Stock Exchange Nasdaq New York Stock Exchange Shenzhen Stock Exchange	Australian Securities Exchange (ASX) DAX GER 40 Index FTSE UK Index Nasdaq
Commodities
	Cocoa Coffee Corn Gasoline Gold Natural Gas Oil Silver Sugar Wheat
CFD Trading
CFD trading not offered	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
1:4	1:500
FTSE Spread
N/A	10.4
GBPUSD Spread
N/A	0.8
Oil Spread
N/A	5.2
Stocks Spread
Variable	Variable
Forex Trading
Forex trading not offered	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.
GBPUSD Spread
	0.8
EURUSD Spread
	0.2
EURGBP Spread
	0.8
Assets
	64
Cryptocurrency
Crypto trading not offered	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
	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

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