BlackBull Markets Vs. Libertex - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 70.8% 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
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 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FMA (New Zealand) FSAS (Seychelles)	CySec (Cyprus.
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	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 Weak regulatory framework
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	1997
💳 Minimum Deposit Range
From $50 to $2,000	$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
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
23,092	374
Exchange Access
0	0
📙 Real Stocks
0	100
📙 Stock CFDs
23,000	100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
64	52
📗 Commodities
0	0
📗 Commodities CFDs
15	17
📕 Indices
0	0
📕 Indices CFDs
13	18
📔 ETFs
0	0
📔 ETFs CFDs
0	10
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
0	73
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	4
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	$20 minimum trade size
📉 Minimum ETFs Trade Size
Unavailable	$20 minimum trade size
📈 Minimum Crypto Trade Size
Unavailable	$20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$20 minimum trade size
📈 Minimum Commodities Trade Size
Unavailable	$20 minimum trade size
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	$20 minimum trade size
💪 Retail Leverage
500	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	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
None	€10/month after 180 calendar days of inactivity.
💰 Deposit Fees
None	None
💰 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.	None
Spreads
📈 EUR/USD
From 0.4 Pips to 1.61 Pips	Dynamic - From 0 to 1.2 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
Unavailable	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
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No