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


Visit Your Capital is at risk.	Visit Investing in cryptocurrencies involves risk.
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.	Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.
Best For
Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips	Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FMA (New Zealand) FSAS (Seychelles)	Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.
The Good
Competitive spreads in their ECN PRIME account (From 0.1 Pips) MT4 & 5 platforms offered	Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
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	Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges
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	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill	Visa Mastercard Bank Transfers Paypal
💵 Account Base Currencies
9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.	All available cryptocurrencies.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR.	None
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on shares, currencies, indices, commodities and cryptocurrencies.	Coinbase provides only real cryptocurrencies.
📙 Stocks
23,000 + (Through a separate option which is hard to find)	N/A
📘 Currency Pairs
64	N/A
📗 Commodities
15	N/A
📕 Indices
13	N/A
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
8	110+
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of BlackBull Markets assets are CFDs.	Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives.
Trading Experience
📈 Minimum Stock Trade Size
N/A	N/A
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
N/A	$2
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	N/A
📈 Minimum Commodities Trade Size
N/A	N/A
📉 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	N/A
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes (only for share trading)	Yes
📱 Android App
Yes (only for share trading)	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes (MT4 & 5)	Yes
💻 TradingView Platform
No	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	No
💰 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.	Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard.
Spreads
📈 EUR/USD
From 0.4 Pips to 1.61 Pips	N/A
📉 SP500
From 5.5 Pips	N/A
📈 GOLD
From 16 Pips	N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread	N/A
📈 XLK (ETF - CFD)
Dynamic - Market spread	N/A
📉 BTC
N/A	Dynamic - From 0.50% up to 2.0%
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No