| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | 26,000+ Markets To Trade | BlackBull offers trading (including automated trading) on MT4 and MT5, provides TradingView and copy trading and has 26,000+ Stocks CFDs to trade About |
| FXOpen | $1 Minimum Deposit | MT4, MT5, TickTrader Trading Platforms | 600+ Markets To Trade | FXOpen offers trading, including automated trading, on MT4 and MT5 and offers user friendly TickTrader and a Cent account with a $1 minimum deposit About |
BlackBull and FXOpen Comparison
Both provide MT4 and its successor MT5. BlackBull additionally offers its BlackBull Shares app with 26,000+ Stocks CFDs to trade and TradingView. FXOpen additionally provides TickTrader, a platform which can support automated trading on desktop. FXOpen offers a Cent account.
A Cent account is a MetaTrader account which allow for trade sizes smaller than standard micro lots (as it is denominated in cents). FXOpen's Cent account has a low $1 minimum deposit.
Quick comparison
Both offer MT4 and MT5. BlackBull additionally provides the BlackBull Shares app and TradingView, while FXOpen additionally provides TickTrader and a Cent account.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for FXOpen is $1.
- BlackBull offers an ECN Standard account with a minimum deposit of $0 and an ECN Prime account with a minimum deposit of $2000. It has an Islamic account for each of these account types. BlackBull additionally provides a Shares Trading Account, to access its BlackBull Shares mobile app. BlackBull also offers an ECN Institutional account with a minimum deposit of $20,000. BlackBull's ECN Standard account does not have a commission charge, thus can offer higher spreads compared with its other accounts which charge commissions. BlackBull offers an FX Academy and Market Analysis on its site. BlackBull offers social and copy trading on ZuluTrade, Myfxbook and BlackBull Social. The minimum trade size is 0.01 lots.
- FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account, $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
Markets
- BlackBull offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Options, with 26,000+ available.
- FXOpen offers Forex, Indices, Energy, Metals, Cryptocurrencies and Stocks, with 600+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | BlackBull provides automated trading on MT4 and MT5 (with low latency order processing), offers TradingView and provides 26,000+ Stocks CFDs to trade on a mobile app Description |
| FXOpen Broker | MT4, MT5, TickTrader Trading Platforms | FXOpen offers automated trading on MT4 and MT5 and provides user friendly TickTrader and has a $1 minimum deposit on its Cent account Description |
Cryptocurrency CFDs
- BlackBull offers Bitcoin, Ethereum, Litecoin and Dash CFDs.
- FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO CFDs.
Spreads and leverage
- Both brokers can offer low Forex spreads plus a commission charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for FXOpen is 500:1.
Commissions
- BlackBull charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
- For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
Online trading platforms
Both provide MT4 and MT5. BlackBull additionally offers TradingView and BlackBull Shares. FXOpen additionally offers TickTrader.
Why BlackBull or FXOpen ?
Traders who want to trade on MT4 and MT5 may do so at either broker. Traders who want to trade on TickTrader (a user friendly web trader with automated trading) can find this platform at BlackBull. Traders who want to trade on a platform with a relatively large number of Stock CFDs may do so at BlackBull (with 26,000+ available). Those who want to trade on TradingView can do so at BlackBull. Traders who want a Cent account with a low minimum deposit ($1) can find one at FXOpen.
Comparison summary
- Both provide CFD trading
- Each offers MT4 and MT5
- BlackBull provides BlackBull Shares and TradingView
- FXOpen offers TickTrader
- BlackBull provides 26,000+ Stocks CFDs to trade
- Both allow automated trading with EA robots
- FXOpen has a Cent account with a $1 minimum deposit
