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


Visit 76.5% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.	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
New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts Experienced high volume traders looking for a fixed zero spread account	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
IFSC (Belize) CySec (Cyprus) ASIC (Australia) FSCA (South Africa)	FMA (New Zealand) FSAS (Seychelles)
The Good
Clear account offering that covers all levels of traders according to their net worth Proprietary copy trading service Access to high leverage (Up to 1:3000)	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 is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000	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
2009	2014
💳 Minimum Deposit Range
From $1 to $1,000	From $50 to $2,000
💰 Payment Methods
Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)	Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill
💵 Account Base Currencies
3 - EUR, USD, AUD.	9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
JP, US, CA, MY, IL, IR.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
254	23,092
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
104	23,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
102	64
📗 Commodities
0	0
📗 Commodities CFDs
8	15
📕 Indices
0	0
📕 Indices CFDs
12	13
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
28	0
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 - 0.01 Lots	Unavailable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
$1,000 - 0.01 Lots	Unavailable
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
3000	500
💪 Professional Leverage
Unavailable	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
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	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
FBS commissions vary per account type as follows: Cent account: none Micro account: none Standard account: none Zero spread account: From $20 per lot ECN account: From $6 per lot Crypto account: 0.05% for opening or closing positions	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
Dynamic - From 0 to 3 Pips	From 0.4 Pips to 1.61 Pips
📉 SP500
Dynamic - From 170 Pips	From 5.5 Pips
📈 GOLD
Dynamic - From 32 Pips	From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.08	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $104	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No