| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT5, cTrader, TradingView, BlackBull Shares Trading Platforms | 26,000+ Markets To Trade | BlackBull offers trading on MT4 and MT5 (including automated trading), provides access to TradingView and cTrader and offers 26,000+ CFDs on a mobile app About |
| RoboForex | $10 Minimum Deposit | MT4, MT5, cTrader, R Stocks Trader Trading Platforms | 12,000+ Markets To Trade | RoboForex offers trading on MT4, MT5 and cTrader, provides 12,000+ CFDs to trade and has a Cent account with a low minimum deposit About |
BlackBull vs RoboForex Comparison
Both brokers offer MT4, MT5 and cTrader. BlackBull additionally provides its BlackBull Shares mobile app, which has 26,000+ markets to trade, as well as TradingView. RoboForex offers its R StocksTrader platform, with 12,000+ markets to trade. RoboForex provides a Cent account and has a lower minimum deposit (though BlackBull has no minimum deposit for its ECN Standard account).
A Cent account allows for trade sizes lower than micro lots. This means that a trader can trade with potentially smaller account sizes, depending on a number of factors.
Quick comparison
Both offer MT4, MT5 and cTrader. RoboForex additionally provides R StockTrader, while BlackBull additionally offers TradingView and its BlackBull Shares mobile app. RoboForex has a Cent account with a low minimum deposit.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for RoboForex is $10.
- 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 CopyTrader. The minimum trade size is 0.01 lots.
- RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R StocksTrader. cTrader has ECN and Pro-Standard accounts. MT4 and MT5 each offer Pro-Standard, Pro-Cent and ECN accounts. MT4 additionally offers MT4 and MT5 Prime accounts. RoboForex's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboForex also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
- RoboForex's minimum deposit for all accounts except R StocksTrader is $10. The minimum deposit for R StocksTrader is $100. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots.
- RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R StocksTrader Strategy Builder for building robots. RoboForex allows EAs and scalping.
Markets
- BlackBull offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Options, with 26,000+ available.
- RoboForex offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities and ETFs, with 12,000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, cTrader, TradingView, BlackBull Shares Trading Platforms | BlackBull offers no dealing desk trading for automated trading and scalping and provides Stocks trading with 26,000+ Stocks CFDs available (on a mobile app) Description |
| RoboForex Broker | MT4, MT5, cTrader, R StocksTrader Trading Platforms | RoboForex offers trading, including automated trading, on MT4, MT5, cTrader and R Stocks Trader, and has a Cent account with a low minimum deposit Description |
Spreads and leverage
- BlackBull and RoboForex can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge and RoboForex can offer Forex spreads from 1.3 without a commissions charge.
Maximum leverage for BlackBull is 500:1. Maximum leverage for RoboForex is 2000:1.
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.
- RoboForex's commissions are $2 per standard lot per side for its ECN accounts except for its Prime account where they are $1.5 per standard lot per side.
Online trading platforms
Both provide MT4, MT5 and cTrader. RoboForex additionally offers R StocksTrader. BlackBull additionally provides TradingView and the BlackBull Shares mobile app.
Why BlackBull or RoboForex ?
Traders who want to trade on MT4, MT5 or cTrader can do so at either broker. Those who want access to TradingView, can do this at BlackBull. Traders who want to trade on a platform with a large number of Stocks CFDs can try either, but BlackBull offers more. Traders who want to trade on a Cent account with a low minimum deposit, can find one at RoboForex.
Comparison summary
- Both offer CFD trading
- Each provides MT4, MT5 and cTrader
- BlackBull additionally offers the BlackBull Shares mobile app
- RoboForex additionally offers R StockTrader
- BlackBull provides access to TradingView
- RoboForex offers a Cent account
- RoboForex has a $10 minimum deposit
