BlackBull Markets
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Vs.

BDSwiss
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77.5% of retail CFD accounts lose money.

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

Updated May 13 2022

Visit

Your Capital is at risk.

Visit

77.5% 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.

BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.

Best For
  • Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
  • Beginners looking to learn the basics using the "Cent" account
  • Intermediate traders looking for quality fundamental analysis
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FMA (New Zealand)
  • FSAS (Seychelles)
  • CySec (Cyprus)
  • NFA (United States)
  • FSC (Mauritius)
The Good
  • Competitive spreads in their ECN PRIME account (From 0.1 Pips)
  • MT4 & 5 platforms offered
  • Excellent educational library with analysis published on the daily basis
  • Suitable for traders who are willing to invest time in learning fundamental analysis.
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
  • Higher spreads and limited functionality for small accounts
  • Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.
Status
Operational Operational
Recent News
N/A N/A
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 2012
💳 Minimum Deposit
$200 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • FasaPay
  • China UnionPay
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Sofort
  • iDeal
💵 Account Base Currencies
9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD. 4 - USD, EUR, GBP, SEK
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR. BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US
📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes Yes
Assets
📚 Available Assets
  • CFDs on shares, currencies, indices, commodities and cryptocurrencies.

CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

📙 Stocks
23,000 + (Through a separate option which is hard to find) 140 CFDs / 900+ on MT5 Platform
📘 Currency Pairs
64 50+
📗 Commodities
15 6
📕 Indices
13 10
📔 ETFs
N/A 80
💸 Cryptocurrencies
8 20
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All of BlackBull Markets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A 1 share
📉 Minimum ETFs Trade Size
N/A 1 contract
📈 Minimum Crypto Trade Size
N/A 0.01 Lots
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
N/A 0.01 Lots
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No 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
No No
💻 Proprietary Platform
Yes (only for share trading) Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
No

10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90) 

💰 Deposit Fees
No No
💰 Withdrawal Fees

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

€10 flat fee for bank wire withdrawals equal to or less than €100

💰 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.

Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads)

Spreads
📈 EUR/USD
From 0.4 Pips to 1.61 Pips Dynamic - From 0.3 Pips (Raw Account)
📉 SP500
From 5.5 Pips Dynamic - From 39 Pips
📈 GOLD
From 16 Pips Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $3.30
📈 XLK (ETF - CFD)
Dynamic - Market spread 0.10%
📉 BTC
N/A Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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