easyMarkets
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61% of retail CFD accounts lose money.

Vs.

BlackBull Markets
Visit

74-89% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

61% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

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.

Best For
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
  • Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
  • FMA (New Zealand)
  • FSAS (Seychelles)
The Good
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
  • Competitive spreads in their ECN Prime account (From 0.1 Pips)
  • Wide variety of platforms (MT4, MT5, TradingView and IBKR)
  • Over 23,000 + shares
The Bad
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
  • 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
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
2001 2014
💳 Minimum Deposit Range
$25 for Standard account, $2,000 for premium and $10,000 for VIP From $50 to $2,000
💰 Payment Methods
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • FasaPay
  • China UnionPay
  • Skrill
💵 Account Base Currencies
19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC. 9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
196 23,092
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
64 23,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
62 64
📗 Commodities
0 0
📗 Commodities CFDs
17 15
📕 Indices
0 0
📕 Indices CFDs
13 13
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
17 0
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
23 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25) Unavailable
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
$2,500 (0.025 Lots) Unavailable
📉 Minimum FX Trade Size
$2,500 (0.025 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG) Unavailable
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 500
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None

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

💰 Commissions
None
  • 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.

Spreads
📈 EUR/USD
Fixed - Based on Account Type (From 0.7 to 1.7 Pips) From 0.4 Pips to 1.61 Pips
📉 SP500
Fixed - 150 Pips From 5.5 Pips
📈 GOLD
Fixed - Based on Account Type (From 5 Pips to 30 Pips) From 16 Pips
📉 TSLA (Stock CFD)
Fixed - $13 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market Spread
📉 BTC
Fixed - $100 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
No No