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


Visit 74-89% of retail CFD accounts lose money.	Visit 71% of retail CFD accounts lose money.
Overview
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.	AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.
Best For
Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FMA (New Zealand) FSAS (Seychelles)	ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)
The Good
Competitive spreads in their ECN Prime account (From 0.1 Pips) Wide variety of platforms (MT4, MT5, TradingView and IBKR) Over 23,000 + shares	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
The Bad
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	Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex
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
2014	2006
💳 Minimum Deposit
From $50 to $2,000	$, €, £ - 100
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill	Visa Mastercard Bank Transfer Paypal
💵 Account Base Currencies
9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.	4 - USD, GBP, EUR, CHF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, BE, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on shares, currencies, indices, commodities and cryptocurrencies.	CFDs on stocks, cryptocurrencies, commodities, currencies, ETFs, indices, shares, options and bonds.
📙 Stocks
23,000+	626
📘 Currency Pairs
64	55
📗 Commodities
15	27
📕 Indices
13	33
📔 ETFs
N/A	59
💸 Cryptocurrencies
N/A	17
📒 Bonds
N/A	2
📓 Options
N/A	44
📗 Futures
N/A	N/A
📝 Notes:
All of BlackBull Markets assets are CFDs.	Most of AvaTrade's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A	Depends on Stock price, from 1 to 10 or 100 units.
📉 Minimum ETFs Trade Size
N/A	Depends on ETF price, from 1 to 10 or 100 units.
📈 Minimum Crypto Trade Size
N/A	Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000
📈 Minimum Commodities Trade Size
N/A	Varies by Commoditty (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A	10 Bond contracts
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	10,000 FX Option contracts
💪 Retail Leverage
Up to 1:500	Up to 1:30
💪 Professional Leverage
N/A	Up to 1:500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes (only for share trading)	Yes
📱 Android App
Yes (only for share trading)	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes (MT4 & 5)	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes (only for share trading)	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
No	Yes, $50 per quarter after 3 months of inactivity.
💰 Deposit Fees
No	No
💰 Withdrawal Fees
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.	No
💰 Commissions
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.	No
Spreads
📈 EUR/USD
From 0.4 Pips to 1.61 Pips	Dynamic - From 0.9 Pips
📉 SP500
From 5.5 Pips	Dynamic - From 50 Pips
📈 GOLD
From 16 Pips	Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $1.92
📈 XLK (ETF - CFD)
Dynamic - Market spread	N/A
📉 BTC
N/A	Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No