AvaTrade Vs. BlackBull Markets - Compare and Choose the Right One


Visit 71% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.	BlackBull Markets is a global broker headquartered in New Zealand founded in 2014 that specialises in providing CFDs based on shares, commodities, currencies and indices.
Best For
New traders looking for a more advanced forex and options platform Experienced traders looking to take advantage of their fixed spreads Experienced traders looking to trade FX options	Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)	FMA (New Zealand) FSAS (Seychelles)
The Good
AvaProtect feature for negative trades payback Great variety of platforms (proprietary ones, MT4 & MT5) Smooth platform experiences and easy account management Custom Options trading platform	Competitive spreads in their ECN Prime account (From 0.1 Pips) Wide variety of platforms (MT4, MT5, TradingView and IBKR) Over 23,000 + shares
The Bad
Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex	Their standard asset offering is very low (over 300 instruments) Share trading requires a separate platform with a different onboarding Commissions are above average and share trading fees are a mystery
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 Day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2006	2014
💳 Minimum Deposit
$, €, £ - 100	From $50 to $2,000
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill
💵 Account Base Currencies
4 - USD, GBP, EUR, CHF.	9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, IR.	US, CA, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Assets
📚 Available Assets
CFDs on stocks, cryptocurrencies, commodities, currencies, ETFs, indices, shares, options and bonds.	CFDs on shares, currencies, indices, commodities and cryptocurrencies.
📙 Stocks
626	23,000+
📘 Currency Pairs
55	64
📗 Commodities
27	15
📕 Indices
33	13
📔 ETFs
59	N/A
💸 Cryptocurrencies
17	N/A
📒 Bonds
2	N/A
📓 Options
44	N/A
📗 Futures
N/A	N/A
📝 Notes:
Most of AvaTrade's assets are CFDs.	All of BlackBull Markets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Depends on Stock price, from 1 to 10 or 100 units.	N/A
📉 Minimum ETFs Trade Size
Depends on ETF price, from 1 to 10 or 100 units.	N/A
📈 Minimum Crypto Trade Size
Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.	N/A
📉 Minimum FX Trade Size
$1,000	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Troy ounce of Gold)	N/A
📉 Minimum Bonds Trade Size
10 Bond contracts	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
10,000 FX Option contracts	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:500
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes (only for share trading)
📱 Android App
Yes	Yes (only for share trading)
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes (MT4 & 5)
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes (only for share trading)
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
Yes, $50 per quarter after 3 months of inactivity.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.
💰 Commissions
No	ECN Standard has no fees. ECN PRIME has a $6 commission per lot round turn In the case of share trading, their fees start from NZD $12 per transaction yet they’re not clearly explained anywhere on their website.
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips	From 0.4 Pips to 1.61 Pips
📉 SP500
Dynamic - From 50 Pips	From 5.5 Pips
📈 GOLD
Dynamic - From 34 Pips	From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	Dynamic - Market spread
📉 BTC
Dynamic - From $137.31	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No