BlackBull Markets
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Vs.

Libertex
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74% of retail CFD accounts lose money.

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

Updated Dec 20 2021

Visit

Your Capital is at risk.

Visit

74% 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.

Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.

Best For
  • Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
  • European-based traders who are looking to trade forex and cryptocurrencies
  • Traders who need to monitor their positions through mobile apps
  • Long-term investors in equities
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TTBTrust

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Provided by TheTradingBible.com ®

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The Good
  • Competitive spreads in their ECN PRIME account (From 0.1 Pips)
  • MT4 & 5 platforms offered
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
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
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
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.

🏛 Financial Regulators
  • FMA (New Zealand)
  • FSAS (Seychelles)
  • CySec (Cyprus)
📍 Year Founded
2014 1997
💳 Minimum Deposit
$200 - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • FasaPay
  • China UnionPay
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD. 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR. US, CA, SY.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • CFDs on shares, currencies, indices, commodities and cryptocurrencies.
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
23,000 + (Through a separate option which is hard to find) 100+
📘 Currency Pairs
64 52
📗 Commodities
15 17
📕 Indices
13 18
📔 ETFs
N/A 10
💸 Cryptocurrencies
8 73
📒 Bonds
N/A N/A
📓 Options
N/A

Options on Bitcoin, SP500, Crude Oil, DAX30 and Silver.

📗 Futures
N/A N/A
📝 Notes:
All of BlackBull Markets assets are CFDs. N/A
Trading Experience
📈 Minimum Stock Trade Size
N/A Minimum 20 € trade size
📉 Minimum ETFs Trade Size
N/A Minimum 20 € trade size
📈 Minimum Crypto Trade Size
N/A Minimum 20 € trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Minimum 20 € trade size
📈 Minimum Commodities Trade Size
N/A Minimum 20 € trade size
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A Minimum 20 € trade size
💪 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 Yes for stocks
🎓 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 No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
No

€10/month after 180 calendar days of inactivity

💰 Deposit Fees
No No
💰 Withdrawal Fees

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

Depending on the service - up to 1%, 2% withdrawal fee on an inactive account

💰 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 Pips
📉 SP500
From 5.5 Pips Dynamic - From 83 Pips
📈 GOLD
From 16 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - Market spread Dynamic - Market Spread
📉 BTC
N/A Dynamic - From $205
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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