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


Visit 79% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
XTB is an international broker specialised in CFD trading and low cost forex spreads.	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
Experienced forex traders looking for low spreads Experienced stock traders looking for trading particular stocks under low spreads (with commission)	Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 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) FCA (UK) CMNV (Spain) UKNF (Poland)	FMA (New Zealand) FSAS (Seychelles)
The Good
Low forex & stock spreads Professional platform with customisable layouts	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
No ability to remove or customise leverage High commissions on stocks & ETFs All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)	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
2002	2014
💳 Minimum Deposit Range
0	From $50 to $2,000
💰 Payment Methods
Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill	Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF.	9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, SY, IR.	US, CA, SY, IR.
📊 STP Account
Yes	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
2,131	23,092
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
1,877	23,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
57	64
📗 Commodities
0	0
📗 Commodities CFDs
21	15
📕 Indices
0	0
📕 Indices CFDs
36	13
📔 ETFs
0	0
📔 ETFs CFDs
135	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	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
$50 trade value	Unavailable
📉 Minimum ETFs Trade Size
$50 trade value	Unavailable
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold)	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
No	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
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
$10 monthly after 1 year of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.
💰 Commissions
For Stocks and ETFs there is an 0.08% commission with $8 minimum.	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 0.8 Pips	From 0.4 Pips to 1.61 Pips
📉 SP500
Dynamic - From 50 Pips	From 5.5 Pips
📈 GOLD
Dynamic - From 35 Pips	From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $120	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
Yes	No