BlackBull Markets is an award-winning New Zealand broker that was founded in 2014. It offers ECN execution, low spreads, high leverage and access to over 26,000 tradable instruments across various markets. It supports MetaTrader 4, MetaTrader 5 and TradingView platforms. It is regulated by the Financial Services Provider Register (FSPR) in New Zealand.
EagleFX is an offshore broker that was established in 2019. It offers STP execution, zero spreads, high leverage and access to over 200 tradable instruments across forex, cryptocurrencies, indices and commodities. It supports MetaTrader 4 platform only. It is not regulated by any reputable authority.
BlackBull Markets vs EagleFX Regulation Comparison
BlackBull Markets is regulated by the Financial Services Provider Register (FSPR) in New Zealand , which is a government agency that oversees the conduct and compliance of financial service providers. EagleFX is not regulated by any reputable authority, which means it operates without any oversight or accountability.
BlackBull Markets vs EagleFX Trading Assets Comparison
Broker
Forex Pairs
Cryptocurrencies
Indices
Commodities
BlackBull Markets
64
None
12
6
EagleFX
53
32
11
5
BlackBull Markets vs EagleFX Trading Fees Comparison
Broker
Spreads
Commissions
Swap Fees
BlackBull Markets
From 0.0 pips on ECN Prime account
From $4 per lot on ECN Prime account
Yes
EagleFX
From 0.0 pips on all accounts
$6 per lot on all accounts
Yes
BlackBull Markets vs EagleFX Account Types Comparison
Broker
Account Types
Minimum Deposit
Maximum Leverage
BlackBull Markets
ECN Standard, ECN Prime, ECN Institutional, Islamic account option available for all types
$0 for ECN Standard, $2,000 for ECN Prime, $20,000 for ECN Institutional
Up to 1:500 for all types
EagleFX
Standard account only, Islamic account option available on request
$10 for all accounts
Up to 1:500 for all accounts
BlackBull Markets vs EagleFX Deposit Options Comparison
Broker
Deposit Methods
Withdrawal Methods
BlackBull Markets
Bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, UnionPay, SticPay, POLi Payments, DragonPay (Philippines only)
Bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, UnionPay, SticPay
EagleFX
Bitcoin only (converted to USD)
Bitcoin only (converted from USD)
BlackBull Markets vs EagleFX Trading Platforms Comparison
Broker
Trading Platforms
BlackBull Markets
MetaTrader 4, MetaTrader 5, TradingView
EagleFX
MetaTrader 4 only
BlackBull Markets vs EagleFX Analytical Tools Comparison
BlackBull Markets offers Autochartist, a powerful tool that scans the market for trading opportunities and provides technical analysis, market reports and volatility analysis. EagleFX does not offer any analytical tool.
BlackBull Markets also provides a market analysis blog that covers the latest news, trends and insights on various financial markets. EagleFX does not have a blog or any other source of market information.
Both brokers offer an economic calendar that shows the upcoming events and indicators that may affect the market movements and trading decisions.
BlackBull Markets vs EagleFX. Which forex broker is better? Which forex broker should you choose?
Which forex broker is better or which one you should choose depends on your personal preference, goals and risk appetite. However, you can see that BlackBull Markets and EagleFX have some significant differences and similarities in various aspects of their services and features. Here are some points to consider when making your decision:
If you value regulation and investor protection, you may prefer BlackBull Markets, as it is regulated by the FSPR in New Zealand and offers segregated client accounts, negative balance protection and dispute resolution scheme. EagleFX is not regulated by any reputable authority and does not offer any investor protection measures, which means that your funds are at risk of being misused, lost or stolen by the broker.
If you value trading assets and platforms, you may prefer BlackBull Markets, as it offers access to over 26,000 tradable instruments across various markets, including forex, shares, CFDs and commodities. It also supports MetaTrader 4, MetaTrader 5 and TradingView platforms, which are popular and powerful tools for trading and analysis. EagleFX offers access to over 200 tradable instruments across forex, cryptocurrencies, indices and commodities, but it only supports MetaTrader 4 platform.
If you value trading fees and account types, you may prefer EagleFX, as it offers zero spreads on all accounts and a low minimum deposit of $10. It also offers an Islamic account option on request for traders who follow the Sharia law. BlackBull Markets offers low spreads from 0.0 pips on its ECN Prime account, but it requires a higher minimum deposit of $2,000 for that account type. It also offers an Islamic account option for all account types.
If you value deposit and withdrawal options, you may prefer BlackBull Markets, as it offers a variety of payment methods, including bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, UnionPay, SticPay, POLi Payments and DragonPay (Philippines only). EagleFX only accepts Bitcoin as a payment method, which means that you have to convert your fiat currency to Bitcoin and vice versa when depositing and withdrawing funds.
If you value analytical tools, you may prefer BlackBull Markets, as it offers Autochartist (free for ECN Prime and ECN Institutional accounts), market analysis blog and economic calendar. EagleFX does not offer any analytical tool.
