XBTFX vs BlackBull Markets

XBTFX vs BlackBull Markets Comparison Table 2023
XBTFX Review 2023 BlackBull Markets Review 2023
Not Yet Rated
3.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

XBTFX offers cryptocurrency, forex and CFD trading services on the MT4, MT5 and cTrader platforms with ECN account options and crypto funding.

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 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
"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."
Pros
  • Autochartist plugin
  • 26,000+ instruments
  • Negative balance protection
  • Responsive customer service
  • Plenty of educational content
  • Commission-free trading available
  • Good range of platforms and tools
  • ZuluTrade, HokoCloud and Myfxbook copy trading
  • 24/7 customer support
  • Spreads from 0.01 pips
  • $0 minimum deposit
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
Instruments
Stocks, CFD, Forex, Crypto Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • MT4
  • MT5
  • TradingView
  • AutoChartist
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FMA, FSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No Yes
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 iOS & Android
Auto Trading
Yes Yes
Copy Trading
Yes Yes
Copy Trading Platform
Blackbull Markets offers an excellent selection of social and copy trading products on HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets.
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
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
Stock Exchanges
Commodities
CFD Trading
XBTFX offers CFD trading for forex, index, commodity and stock markets, all accessible through regular and ECN execution models 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
1:500 1:500
FTSE Spread
Variable 10.4 pips (variable by account)
GBPUSD Spread
Variable 0.8 pips (variable by account)
Oil Spread
Variable 5.2 pips
Stocks Spread
Variable Variable
Forex Trading
XBTFX offers a range of major, minor and exotic currency pairs for speculation on the foreign exchange markets from both desktop and mobile devices 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 Average 0.8 pips (variable by account)
EURUSD Spread
Variable Average 0.2 pips (variable by account)
EURGBP Spread
Variable Average 0.8 pips (variable by account)
Assets
79 64
Cryptocurrency
XBTFX supports crypto funding and trading with over 25 different coins paired with the 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
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • BAT
  • DASH
  • EOS
  • ETC
  • IOTA
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • ZEC
  • ADA
  • DOGE
  • SOL
  • DOT
  • LINK
  • MTC
  • UNI
  • ALG
  • FIL
  • MKR
  • 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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