Updated May 13 2022
Overview | |
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Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments. |
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 | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder’s name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2012 | 2014 |
💳 Minimum Deposit | |
$, €, £ - 100 | $200 |
💰 Payment Methods | |
💵 Account Base Currencies | |
5 - EUR, USD, GBP, CHF, GOLD | 9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY (Available only for EU Citizens). | US, CA, SY, IR. |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
12,000+ | 23,000 + (Through a separate option which is hard to find) |
📘 Currency Pairs | |
35+ | 64 |
📗 Commodities | |
3 | 15 |
📕 Indices | |
9 | 13 |
📔 ETFs | |
1,000+ | N/A |
💸 Cryptocurrencies | |
14 | 8 |
📒 Bonds | |
N/A | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account. |
All of BlackBull Markets assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | N/A |
📉 Minimum ETFs Trade Size | |
1 ETF | N/A |
📈 Minimum Crypto Trade Size | |
Varies per cryptocurrency (Eg: 0.01 BTC) | N/A |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
0.01 Units | N/A |
📉 Minimum Bonds Trade Size | |
N/A | N/A |
📈 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 | |
No – it is defined during the registration process and can’t be changed |
Yes |
🎲 Deleveraged Trading | |
Yes, depending on the account | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes (only for share trading) |
📱 Android App | |
Yes | Yes (only for share trading) |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
💻 Web trader | |
Yes | Yes (MT4 & 5) |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes (only for share trading) |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
No | No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%) |
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals. |
💰 Commissions | |
Varies per product (Eg. ETF Pro $0.0045/share) |
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 0.3 Pips | From 0.4 Pips to 1.61 Pips |
📉 SP500 | |
Dynamic - From 40 Pips | From 5.5 Pips |
📈 GOLD | |
Dynamic - From 25 Pips | From 16 Pips |
📉 TSLA (Stock CFD) | |
Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN) | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
N/A | Dynamic - Market spread |
📉 BTC | |
Dynamic - From $1 to $500 | N/A | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |