| 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 copy trading platforms and TradingView and offers 26,000+ Stocks CFDs to trade About |
| NSFX | $300 Minimum Deposit | MT4, JForex Trading Platforms | 60+ Markets To Trade | NSFX provides trading, including a fixed spreads account on MT4 and automated trading on MT4 and JForex About |
BlackBull and NSFX Comparison
Both offer MT4. BlackBull additionally provides MT5, TradingView and the BlackBull Shares app (with 26,000+ Stocks CFDs), while NSFX additionally offers JForex. JForex is a relatively user friendly platform which has automated trading via scripts.
Quick comparison
Both offer MT4. BlackBull additionally provides JForex, while BlackBull additionally offers TradingView and BlackBull Shares.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for NSFX is $300 (the minimum deposit for ECN trading is $3000).
- 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.
- NSFX offers three account types. These are the MT4 Fixed, MT4 ECN and JForex accounts. The minimum deposit for the MT4 Fixed account is $300, the minimum deposit for the MT4 ECN account is $3,000 and the minimum deposit for the JForex account is $5,000.
- The NSFX MT4 Fixed account does not charge commissions, the MT4 ECN and JForex accounts do. On its website NSFX provides Trading Central along with analysis, news and an economic calendar and the NSFX academy which includes an FX Video Course, Trading Examples and Guides and a Forex eBook. Hedging is allowed on all three account types as is micro lot trading but only on the MT4 ECN and JForex accounts are EAs enabled and scalping allowed. An Islamic account is available.
Markets
- BlackBull offers Forex, Indices, Energy, Metals, Stocks, Options and Cryptocurrencies, with 26,000+ available.
- NSFX offers Forex, Indices, Energy and Metals on the MT4 ECN and JForex accounts, with 60+ available. On the MT4 Fixed account it offers Forex (Major pairs).
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, TradingView, BlackBull Shares Trading Platforms | BlackBull provides automated trading on MT4, MT5 and TradingView, along with Stocks CFDs trading on the BlackBull Shares app, with 26,000+ Stocks CFDs Description |
| NSFX Broker | MT4, JForex Trading Platforms | NSFX offers trading on MT4 (including a fixed spreads Forex account) and JForex, allowing automated trading on both platforms Description |
Cryptocurrency CFDs
- BlackBull offers Bitcoin, Ethereum, Litecoin and Dash.
Spreads and leverage
- BlackBull and NSFX can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge while NSFX can additionally offer fixed Forex spreads from 3 without a commission charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for NSFX (MFSA regulated) is .
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.
- NSFX's MT4 ECN and JForex accounts charge commissions of $8 per lot round trip (i.e $4 per lot per side).
Online trading platforms
Both provide MT4. BlackBull additionally offers MT5, TradingView and the BlackBull Shares app. NSFX additionally offers JForex.
Why BlackBull or NSFX ?
Traders who want to trade on MT4 can do so at either. Traders who want to trade on MT5 (the successor to MT4) can find this platform at BlackBull. Those who want to trade on TradingView, may do so at BlackBull. Traders who want to trade on JForex, can do so at NSFX. Traders who want to trade a relatively large number of Stocks CFDs (26,000+) may do this at BlackBull.
Comparison summary
- Both provide CFD trading
- Each has MT4
- BlackBull additionally offers MT5 and TradingView
- NSFX additionally offers JForex
- BlackBull additionally provides the BlackBull Shares app
- Both allow automated trading with robots
- BlackBull offers 26,000+ Stocks CFDs
