TradeStation vs BlackBull Markets

TradeStation vs BlackBull Markets Comparison Table 2024
TradeStation	BlackBull Markets
Review 3.5	Review 3.7

TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.	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
"TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders."	"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."
Pros
Reputable brand with oversight from top US regulators Powerful trading platform with desktop, webtrader and mobile app Support for third-party platform add-ons Fast and responsive customer service Quick, straightforward account setup Competitive commissions on US stocks	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
Limited ETF options with no commission-free ETFs Expensive subscription fees for many add-ons Pricing disadvantages less active traders Limited free data and in-depth research	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
CFDs, Forex, Stocks, Futures, Commodities	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$500	$0
Trading Platforms
MT4	MT4 MT5 cTrader TradingView AutoChartist
Payment Methods
ACH Transfer	Bitcoin Payments Boleto Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa
Minimum Trade
Min lot size will vary	0.01 Lots
Regulator
SEC	FMA, FSA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
Yes	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
iOS, Android and Windows	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
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 GBP CAD AUD JPY CHF	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Stock Exchanges
	Australian Securities Exchange (ASX) DAX GER 40 Index FTSE UK Index Nasdaq
Commodities
Soybeans	Cocoa Coffee Corn Gasoline Gold Natural Gas Oil Silver Sugar Wheat
CFD Trading
Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.	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
1:20	1:500
FTSE Spread
N/A	10.4
GBPUSD Spread
N/A	0.8
Oil Spread
0.06 pips	5.2
Stocks Spread
0.2% Var	Variable
Forex Trading
Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.	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
Variable	0.8
EURUSD Spread
Variable	0.2
EURGBP Spread
Variable	0.8
Assets
26	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
Yes	No
Auto Market Maker
No	No

Review	Review
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