| 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, offers TradingView and provides 26,000+ Stocks CFDs About |
| IronFX | $50 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | IronFX offers trading (including automated trading) on MT4 and offers a wide range of MT4 accounts, including fixed spreads and a Cent account About |
BlackBull and IronFX Comparison
Both offer MT4 and allow automated trading with EA online trading robots. BlackBull additionally provides MT5 (the successor to MT4) and offers TradingView. IronFX has a wide range of account types based around MT4, including STP/ECN and fixed spreads. BlackBull additionally offers its BlackBull Shares mobile app, which provides 26,000+ markets to trade.
Quick comparison
These are both MT4 brokers, each allowing automated trading. BlackBull additionally offers MT5, TradingView and BlackBull Shares, with 26,000+ Stocks CFDs.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for IronFX is $50.
- 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.
- IronFX offers a range of account types and services. These include a Standard account which has a minimum deposit of $50, a Premium account with a minimum deposit of $2,500 and a VIP account with a minimum deposit of $20,000. These three account types are available with fixed or variable spreads and the spreads can be tighter on higher account types. There is additionally a Cent account, which offers small trade sizes and has a minimum deposit of $50. Social and copy trading is provided via Myfxbook AutoTrade and TradeCopier. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 lots and the Cent account where it is 0.0001 lots.
- IronFX also offers a Zero Fixed Spread account. This provides zero spreads for some markets, with commissions charged. As well, IronFX offers STP/ECN accounts with or without commissions. It also has an STP/ECN Absolute Zero account, with spreads from zero, with no commission charge. For the Zero Fixed Spread account and the STP/ECN accounts, the minimum deposit is $500. The minimum deposit for the Absolute Zero account is upon request to the account manager.
- All IronFX accounts offer a Dedicated Account Manager, Technical Analysis Reports, Investor Education Tools and Private One-on-One Trading Guidance. The Premium, VIP, STP/ECN No Commission and STP/ECN Zero Spread accounts also offer a Dealing Department Transaction Hotline.
Markets
- BlackBull offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Options, with 26,000+ available.
- IronFX offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Soft Commodities, with 200+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | BlackBull offers automated trading on MT4 and MT5, has TradingView and provides 26,000+ Stocks CFDs Description |
| IronFX Broker | MT4 Trading Platforms | IronFX offers a wide range of account types for MT4, from STP/ECN to fixed spreads Description |
Cryptocurrency CFDs
- BlackBull offers Bitcoin, Ethereum, Litecoin and Dash CFDs.
- IronFX offers Bitcoin, Ethereum, Litecoin, Cardano, EOS, Bitcoin Cash, Dogecoin, Polkadot, Stellar, Uniswap, Ripple, Iota, Ethereum Classic, Solana, Tron, OmiseGO, Internet Computer Protocol and IOST CFDs.
Spreads and leverage
- BlackBull and IronFX can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge while IronFX can additionally offer Forex spreads from 0 without a commission charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for IronFX Bermuda is 1000:1.
Commission charge
- 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.
- IronFX charges a commission charge of $6.75 per lot per side on its STP/ECN Zero Spread account.
Online trading platforms
Both provide MT4. BlackBull additionally offers MT5, TradingView and BlackBull Shares.
Why BlackBull or IronFX ?
Traders who want to trade on MT4 can do so at either. Traders who want to trade on MT5 can find this platform at BlackBull. Traders who want to trade on TradingView, may do so at BlackBull. Those who want a Cent account (with small trade sizes) can find one at IronFX. Traders who want to trade on a mobile app offering a relatively large number of Stocks CFDs (26,000+) can do this at BlackBull.
Comparison summary
- Both offer CFD trading
- Each provides MT4
- BlackBull additionally offers MT5 and TradingView
- Both allow automated trading with EA robots
- IronFX has a Cent account
- BlackBull provides 26,000+ Stocks CFDs on the BlackBull Shares app
