| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| BlackBull | $0 Minimum Deposit | MT4, MT4, cTrader, TradingView, BlackBull Shares Trading Platforms | 26,000+ Markets To Trade | BlackBull uses ECN infrastructure to offer no dealing desk STP trading, supporting a wide range of trading styles and provides 26,000+ Stocks CFDs on a mobile app About |
| Titan FX | $200 Minimum Deposit | MT4, MT5 Trading Platform | 220+ Markets To Trade | Titan FX is a VFSC regulated ECN broker offering negative balance protection: T&Cs apply About |
BlackBull and Titan FX Comparison
These are both ECN brokers offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both offer ECN trading accounts particularly for traders who trade with automated trading strategies, supporting the use of Expert Advisors (MT4 and MT5 online trading robots). BlackBull additionally provides the BlackBull Shares mobile app, with 26,000+ Stocks CFDs, TradingView and cTrader.
Quick comparison
Both provide MT4 and MT5. BlackBull additionally offers the BlackBull Shares app, with 26,000+ markets to trade, TradingView and cTrader.
Minimum deposit and account types
The minimum deposit for BlackBull is $0. The minimum deposit for Titan FX is $200.
- 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.
- Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports signal trading via MetaTrader.
- Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
- Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).
Markets
- BlackBull offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Options, with 26,000+ available.
- Titan FX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 220+ available.
Cryptocurrency CFDs
- BlackBull offers Bitcoin, Ethereum, Litecoin and Dash.
- Titan FX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Chainlink, Stellar, Polkadot and EOS.
| Broker | Trading Platforms | Description |
|---|---|---|
| BlackBull Broker | MT4, MT5, cTrader, TradingView, BlackBull Shares Trading Platforms | BlackBull provides ECN infrastructure supporting a wide range of trading styles including automated trading, offering as well 26,000+ Stocks CFDs on a mobile trading app and copy trading Description |
| Titan FX Broker | MT4, MT5, Shares Trading Platform Trading Platforms | Titan FX provides trading via ECN infrastructure to support a wide range of styles including automated trading and offers Crypto CFDs with leverage up to 20:1 (increasing leverage increases risk) Description |
Spreads and leverage
- Both brokers can offer low Forex spreads plus a commission charge and higher spreads without a commission charge, from 0.8 for BlackBull and 1.2 for Titan FX.
Maximum leverage for BlackBull is 500:1. Maximum leverage for Titan FX is 1000:1.
Commissions
- BlackBull charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
- Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.
Online trading platforms
Both provide MT4 and MT5. BlackBull additionally provides cTrader, the BlackBull Shares app, its BlackBull Trade app and TradingView.
Why BlackBull or Titan FX ?
Traders who want to trade on MT4 or MT5 may do so at either broker. Traders who want to social and copy trade may do so at either broker. Those who want to trade with spreads from 0, plus commission can do this at either broker. Traders who want to trade a large number of Stocks CFDs can do this at BlackBull on its BlackBull Shares app. Those who want to trade on cTrader or TradingView can do this at BlackBull.
Comparison summary
- Both offer CFD trading
- Each provides MT4 and MT5
- BlackBull additionally provides TradingView, cTrader and BlackBull Shares
- Each offers Forex spreads from 0, plus commission
- Both provide social and copy trading
- BlackBull offers 26,000+ Stocks CFDs
