AAAFx vs BlackBull - ECN Broker Comparison

AAAFx vs BlackBull | Online Brokerage Comparison

AAAFx vs BlackBull Markets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$300MT4, ZTP Web Trader55+
$200MT460+

AAAFx and BlackBull Comparison

These are both ECN brokers offering trading on MetaTrader 4 (MT4). Each broker allows the use of Expert Advisors (EAs), MT4 trading robots. AAAFx also offers the ZTP web trader, designed for traders who execute their own trades, though it can also support automated trading via ZuluScripts.

Quick comparison

Each offers MT4. AAAFx also provides ZTP and both allow automated (and non-automated) trading.

Minimum deposit and account types

The minimum deposit for AAAFx is $300. The minimum deposit for BlackBull is $200.

  • AAAFx offers CFD trading. AAAFx provides an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges. AAAFx provides support for social and copy trading via ZuluTrade.
  • BlackBull offers an ECN Standard account with a minimum deposit of $200 and an ECN Prime account with a minimum deposit of $2000. It has an Islamic account for each of these account types. BlackBull also offers an ECN Institutional account with a minimum deposit of $20,000. The minimum trade size is 0.01 lots. BlackBull offers an FX Academy and Market Analysis on its site.
  • BlackBull's ECN Standard account does not have a commission charge, thus can offer higher spreads compared with its other accounts which charge commissions.

Markets

  • AAAFx offers Forex, Indices, Energy, Cryptocurrencies, Metals and Bonds, with 55+ available.
  • BlackBull offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 60+ available.

Cryptocurrency CFDs

  • AAAFx offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
  • BlackBull offers Bitcoin, Ethereum, Litecoin and DASH.

Spreads and leverage

  • BlackBull and AAAFx can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge.

Maximum leverage for AAAFx (HCMC regulated) is . Maximum leverage for BlackBull is 500:1.

Commission charge

  • AAAFx charges a commission of $10 per lot per side for Forex and $8 for CFDs. It is possible to request no commissions trading, with a resulting increase in spreads. The Institutional account charges commissions of $3 per lot per side for transaction where USD is the currency base.
  • BlackBull does not charge a commission on its ECN Standard account and charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.

Platforms

Both provide MT4. AAAFx additionally offers the ZTP web trader.

Why AAAFx or BlackBull ?

Traders wishing to use MT4 in an ECN trading environment can do so at either broker. Both brokers allow the trader to execute automated trading strategies. AAAFx also offers a web trader (ZTP), which may be of interest to traders who execute their own trades, though it also supports automated trading.

Comparison summary

  • Both offer CFD trading
  • Each is an ECN broker
  • Both provide MT4
  • AAAFx also offers the ZTP web trader

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