Compare BlackBull Markets vs FxPrimus
What is BlackBull Markets? What is FxPrimus?
BlackBull Markets is a New Zealand-based forex and CFD broker that offers trading on over 26000 instruments, including 72 currency pairs, stocks, indices, commodities and cryptocurrencies. BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand and provides clients with access to the MetaTrader 4 platform, social trading, and various account types.
FxPrimus is a Cyprus-based forex and CFD broker that offers trading on over 140 instruments, including 42 currency pairs, stocks, indices, commodities and cryptocurrencies. FxPrimus is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC) and provides clients with access to the MetaTrader 4 platform, social trading, and various account types.
BlackBull Markets vs FxPrimus Regulation Comparison
| Broker | Trust Score | Year Founded | Publicly Traded | Bank | Tier-1 Licenses | Tier-2 Licenses | Tier-3 Licenses |
|---|---|---|---|---|---|---|---|
| BlackBull Markets | 77 | 2014 | No | No | 1 (New Zealand) | 0 | 0 |
| FxPrimus | 71 | 2009 | No | No | 1 (Cyprus) | 0 | 1 (Vanuatu) |
BlackBull Markets vs FxPrimus Trading Assets Comparison
| Broker | Forex Trading (Spot or CFDs) | Tradeable Symbols (Total) | Forex Pairs (Total) | U.S. Stock Trading (Non CFD) | Int’l Stock Trading (Non CFD) | Social Trading / Copy Trading | Cryptocurrency (Physical) | Cryptocurrency (CFD) |
|---|---|---|---|---|---|---|---|---|
| BlackBull Markets | Yes | 26000+ | 72+ | Yes | Yes | Yes | No | Yes |
| FxPrimus | Yes | 140+ | 42+ | No | No | Yes | No | Yes |
BlackBull Markets vs FxPrimus Trading Fees Comparison
| Broker/Account Type/Instrument | Commission per Lot (Round Turn) in USD | Average Spread in Pips |
|---|---|---|
| BlackBull Markets ECN Standard/EURUSD | $6 | 0.2 |
| BlackBull Markets ECN Prime/EURUSD | $3 | 0.1 |
| BlackBull Markets ECN Institutional/EURUSD | $2 | 0 |
| BlackBull Markets ECN Standard/BTCUSD | $6 | $10 |
| BlackBull Markets ECN Prime/BTCUSD | $3 | $5 |
| BlackBull Markets ECN Institutional/BTCUSD | $2 | $2 |
| FxPrimus Variable/EURUSD | $0 | 1.6 |
| FxPrimus ECN Premium/EURUSD | $10 | 0.4 |
| FxPrimus Variable/BTCUSD | $0 | $30 |
| FxPrimus ECN Premium/BTCUSD | $10 | $15 |
BlackBull Markets vs FxPrimus Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. Here are some of the main features of each account type:
BlackBull Markets Account Types
- ECN Standard: Minimum deposit of $200, leverage up to 1:500, commission of $3 per side per lot, average spread of 0.8 pips, minimum lot size of 0.01, maximum lot size of 100, no requotes, negative balance protection, scalping and hedging allowed, free VPS with $2000 deposit, Islamic account option available.
- ECN Prime: Minimum deposit of $2000, leverage up to 1:500, commission of $2 per side per lot, average spread of 0.1 pips, minimum lot size of 0.01, maximum lot size of 100, no requotes, negative balance protection, scalping and hedging allowed, free VPS with $2000 deposit, Islamic account option available.
- ECN Institutional: Minimum deposit of $20000, leverage up to 1:100, commission of $1.5 per side per lot, average spread of 0 pips, minimum lot size of 0.1, maximum lot size of 1000, no requotes, negative balance protection, scalping and hedging allowed, free VPS with $2000 deposit, Islamic account option available.
FxPrimus Account Types
- Variable: Minimum deposit of $100, leverage up to 1:1000, commission-free trading, average spread of 1.6 pips on EUR/USD, minimum lot size of 0.01, maximum lot size of 50, no requotes, negative balance protection, scalping and hedging allowed, free VPS with $500 deposit or 5 lots traded per month, Islamic account option available.
- ECN Premium: Minimum deposit of $500, leverage up to 1:200, commission of $5 per side per lot on forex and metals and $1 per side per lot on indices and energies, average spread of 0.4 pips on EUR/USD, minimum lot size of 0.01, maximum lot size of 50, no requotes, negative balance protection, scalping and hedging allowed, free VPS with $500 deposit or 5 lots traded per month, Islamic account option available.
BlackBull Markets vs FxPrimus Deposit Options Comparison
| Broker | Deposit Methods | Withdrawal Methods |
|---|---|---|
| BlackBull Markets | Bank wire transfer, credit/debit card (Visa/Mastercard), Skrill, Neteller, FasaPay | Bank wire transfer (no fees), credit/debit card (Visa/Mastercard) (no fees), Skrill (no fees), Neteller (no fees), FasaPay (no fees) |
| FxPrimus | Bank wire transfer (no fees), credit/debit card (Visa/Mastercard) (no fees), Skrill (no fees), Neteller (no fees), ecoPayz (no fees), BitPay (no fees) | Bank wire transfer ($12 fee), credit/debit card (Visa/Mastercard) ($2 fee), Skrill ($2 fee), Neteller ($2 fee), ecoPayz ($2 fee), BitPay ($2 fee) |
BlackBull Markets vs FxPrimus Trading Platforms Comparison
Both brokers offer the popular MetaTrader 4 platform as their main trading platform. MetaTrader 4 is a user-friendly and customizable platform that supports various features such as charting tools, indicators, expert advisors (EAs), automated trading strategies and more.
Both brokers also offer social trading platforms that allow clients to copy the trades of other successful traders or share their own trading signals with others. BlackBull Markets offers Myfxbook AutoTrade and ZuluTrade as its social trading platforms. FxPrimus offers ZuluTrade and FXPRIMUS PAMM as its social trading platforms.
BlackBull Markets vs FxPrimus Analytical Tools Comparison
| Broker | Analytical Tools |
|---|---|
| BlackBull Markets | Economic calendar, market news and analysis from FXStreet and Investing.com |
| FxPrimus | Economic calendar from FXStreet and Trading Central |
BlackBull Markets vs FxPrimus. Which forex broker is better? Which forex broker should you choose?
There are many factors to consider when choosing a forex broker, such as trading style, preferences, goals, risk tolerance, level of experience, etc. Therefore, you should compare brokers based on your own criteria and needs. In the end, the best way to decide which broker is more suitable for you is to test them out by opening a demo account or a real account with a small deposit and testing their service and performance. You can also read online reviews and feedback from other traders who have used these brokers before.
