BlackBull Markets
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Tickmill
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61% of retail CFD accounts lose money.

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

Updated Dec 20 2021

Visit

Your Capital is at risk.

Visit

61% 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.

Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.

Best For
  • Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
  • Professional currency traders looking to exploit their account offering with low spreads
  • Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
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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
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
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 low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
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)
    • FSA (Seychelles)
    • FCA (UK)
    • FSA (Labuan)
    • FSCA (South Africa)
    📍 Year Founded
    2014 2014
    💳 Minimum Deposit
    $200 $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Bank Transfer
    • Neteller
    • FasaPay
    • China UnionPay
    • Skrill
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR. US, CA, SY, 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 currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    23,000 + (Through a separate option which is hard to find) N/A
    📘 Currency Pairs
    64 62
    📗 Commodities
    15 4
    📕 Indices
    13 14
    📔 ETFs
    N/A N/A
    💸 Cryptocurrencies
    8 3
    📒 Bonds
    N/A 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:
    All of BlackBull Markets assets are CFDs.

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A N/A
    📉 Minimum ETFs Trade Size
    N/A N/A
    📈 Minimum Crypto Trade Size
    N/A $1,000 (0.01 Lots)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    N/A $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    N/A $1,000 (0.01 Lots)
    📈 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 Yes, for the whole account.
    🎲 Deleveraged Trading
    No Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes (only for share trading) Yes (only for account management)
    📱 Android App
    Yes (only for share trading) Yes (only for account management)
    📺 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) No
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 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.

    Depending on account type:

    • Classic account has no commissions
    • Pro account has a commission of 2 units of your base currency round turn per lot
    • VIP account has a commission of 1 unit of your base currency round turn per lot 
    Spreads
    📈 EUR/USD
    From 0.4 Pips to 1.61 Pips

    From 0 pips up to 1.6 Pips (Depending on account type)

    📉 SP500
    From 5.5 Pips From 39 Pips
    📈 GOLD
    From 16 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - Market Spread N/A
    📈 XLK (ETF - CFD)
    Dynamic - Market spread N/A
    📉 BTC
    N/A Dynamic - From $128.2
    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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