Compare BlackBull Markets vs ActivTrades
What is BlackBull Markets? What is ActivTrades?
BlackBull Markets is a New Zealand-based CFD broker that offers trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker’s ECN accounts.
ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The brokerage is heavily regulated with licenses from the FCA, SCB, CSSF, BACEN & CVM and CMVM. Over 1000 CFDs are available spanning 7 asset classes. Over 93.60% of orders are executed at the requested price. ActivTraders also offers a selection of leading trading platforms, including MT4, MT5, TradingView and ActivTrader platforms.
BlackBull Markets vs ActivTrades Regulation Comparison
Both brokers are regulated by reputable authorities in their respective jurisdictions.
BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand and the Financial Services Authority (FSA) of Seychelles. ActivTrades is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, the Securities Commission of The Bahamas (SCB), the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg, the Banco Central do Brasil (BACEN) & Comissão de Valores Mobiliários (CVM) of Brazil and the Comissão do Mercado de Valores Mobiliários (CMVM) of Portugal.Both brokers also offer negative balance protection and segregated accounts for their clients’ funds.
However, ActivTrades also provides additional insurance cover up to £1,000,000 per client as a member of the Financial Services Compensation Scheme (FSCS).
BlackBull Markets vs ActivTrades Trading Assets Comparison
Both brokers offer a wide range of trading instruments across various asset classes. BlackBull Markets provides access to over 26,000 instruments, including forex, CFDs, stocks, indices, energies, metals, commodities and cryptos. ActivTrades offers over 1000 CFDs on forex, indices, shares, commodities, ETFs and cryptos.
However, there are some differences in the availability of certain assets between the two brokers. For example, BlackBull Markets does not offer spread betting or futures trading, while ActivTrades does. On the other hand, BlackBull Markets offers more crypto pairs than ActivTrades.
BlackBull Markets vs ActivTrades Trading Fees Comparison
Both brokers charge competitive fees for their services. BlackBull Markets offers three types of accounts: Standard, Prime and Institutional. The Standard account has no commissions but higher spreads starting from 0.8 pips. The Prime account has lower spreads from 0.1 pips but charges $6 per lot round turn commission. The Institutional account has the lowest spreads from 0 pips but charges $3 per lot round turn commission plus an additional fee based on volume and liquidity providers.
ActivTrades offers two types of accounts: Classic and Professional. The Classic account has no commissions but variable spreads starting from 0.5 pips. The Professional account has lower spreads from 0 pips but charges $7 per lot round turn commission. The Professional account also requires a higher minimum deposit of $1000 and a higher minimum trade size of 0.1 lot.
BlackBull Markets vs ActivTrades Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. BlackBull Markets offers four types of accounts: Standard, Prime, Institutional and Islamic. The Standard account is suitable for beginners and casual traders who want commission-free trading with fixed spreads. The Prime account is suitable for intermediate and advanced traders who want lower spreads with commission-based trading. The Institutional account is suitable for professional and institutional traders who want the lowest spreads with customized fees based on volume and liquidity providers. The Islamic account is suitable for Muslim traders who want to trade in accordance with Sharia law without paying or receiving interest or swap fees.
ActivTrades offers three types of accounts: Classic, Professional and Islamic. The Classic account is suitable for beginners and casual traders who want commission-free trading with variable spreads. The Professional account is suitable for intermediate and advanced traders who want lower spreads with commission-based trading and higher leverage. The Islamic account is suitable for Muslim traders who want to trade in accordance with Sharia law without paying or receiving interest or swap fees.
BlackBull Markets vs ActivTrades Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal options for their clients. BlackBull Markets accepts payments via credit/debit cards, Neteller, Skrill, UnionPay, FasaPay, Boleto, Bitcoin and local bank transfers. ActivTrades accepts payments via credit/debit cards, Neteller, Skrill, PayPal, Sofort and wire transfers.
However, there are some differences in the minimum deposit and withdrawal amounts and the processing times between the two brokers. BlackBull Markets has a minimum deposit of $50 for the Standard account and $2000 for the Prime and Institutional accounts. ActivTrades has a minimum deposit of $10 for the Classic account and $1000 for the Professional account. BlackBull Markets has a minimum withdrawal of $50 for all accounts. ActivTrades has no minimum withdrawal amount for all accounts. BlackBull Markets processes deposits and withdrawals within 24 hours on business dys. ActivTrades processes deposits and withdrawals within 2 hours on business days.
BlackBull Markets vs ActivTrades Trading Platforms Comparison
Both brokers support the popular MetaTrader 4 and MetaTrader 5 platforms as well as TradingView, a web-based platform that offers advanced charting and analysis tools. However, there are some differences in the features and functionalities of the platforms between the two brokers. For example, BlackBull Markets offers a proprietary mobile app that allows clients to access their accounts and trade on the go. ActivTrades offers a proprietary web-based platform called ActivTrader that allows clients to trade with one-click execution, smart order routing and advanced risk management tools.
BlackBull Markets vs ActivTrades Analytical Tools Comparison
Both brokers provide various analytical tools to help their clients with their trading decisions. BlackBull Markets offers ZuluTrade, HokoCloud and Myfxbook copy trading services that allow clients to follow and copy the trades of other successful traders. ActivTrades offers Autochartist, a plugin that scans the market for trading opportunities based on technical analysis and volatility indicators.
Both brokers also offer free educational resources such as webinars, articles, videos and ebooks to help their clients improve their trading skills and knowledge.
BlackBull Markets vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals and risk appetite. There is no definitive answer to which broker is better, as both BlackBull Markets and ActivTrades have their own strengths and weaknesses. However, here are some possible factors that you may want to consider:
- Regulation: Both brokers are regulated by reputable authorities in their respective jurisdictions, but ActivTrades has more licenses and offers additional insurance cover for its clients. If you value security and protection, you may prefer ActivTrades over BlackBull Markets.
- Trading Assets: Both brokers offer a wide range of trading instruments across various asset classes, but there are some differences in the availability of certain assets between the two brokers. If you want to trade spread betting or futures, you may prefer ActivTrades over BlackBull Markets. If you want to trade more crypto pairs, you may prefer BlackBull Markets over ActivTrades.
- Trading Fees: Both brokers charge competitive fees for their services, but there are some differences in the spreads and commissions between the two brokers. If you want to trade commission-free with fixed spreads, you may prefer BlackBull Markets’ Standard account over ActivTrades’ Classic account. If you want to trade with lower spreads and commission-based trading, you may prefer BlackBull Markets’ Prime or Institutional account over ActivTrades’ Professional account.
- Account Types: Both brokers offer different account types to suit different trading styles and preferences, but there are some differences in the minimum deposit and withdrawal amounts and the processing times between the two brokers. If you want to start trading with a lower minimum deposit and withdrawal amount, you may prefer ActivTrades over BlackBull Markets. If you want to process your deposits and withdrawals faster, you may prefer ActivTrades over BlackBull Markets.
- Trading Platforms: Both brokers support the popular MetaTrader 4 and MetaTrader 5 platforms as well as TradingView, a web-based platform that offers advanced charting and analysis tools. However, there are some differences in the features and functionalities of the platforms between the two brokers. If you want to trade on the go with a proprietary mobile app, you may prefer BlackBull Markets over ActivTrades. If you want to trade with one-click execution, smart order routing and advanced risk management tools, you may prefer ActivTrades over BlackBull Markets.
- Analytical Tools: Both brokers provide various analytical tools to help their clients with their trading decisions, but there are some differences in the types of tools between the two brokers. If you want to follow and copy the trades of other successful traders, you may prefer BlackBull Markets over ActivTrades. If you want to scan the market for trading opportunities based on technical analysis and volatility indicators, you may prefer ActivTrades over BlackBull Markets.
Ultimately, the best way to decide which broker is better for you is to try them out yourself. You can open a demo account with both brokers and test their services before committing to a real account. You can also read reviews from other traders who have used both brokers and learn from their experiences.
