BlackBull Markets is an award-winning New Zealand broker that offers forex, CFDs, commodities and share trading. It was founded in 2014 and claims to provide institutional-level trading conditions, services and customer support. It is regulated by the Financial Services Provider Register (FSPR) and the Financial Services Complaints Limited (FSCL) in New Zealand.
GrandCapital is a broker that offers forex, CFDs, binary options, cryptocurrencies and investment services. It was founded in 2006 and claims to have more than 500,000 clients from 188 countries. It is regulated by the Financial Commission (FinaCom), an independent self-regulatory organization.
BlackBull Markets vs GrandCapital Regulation Comparison
Broker
Regulatory Authority
Regulatory Status
Compensation Scheme
BlackBull Markets
FSPR (New Zealand)
Registered
FSCL (up to NZ$200,000)
GrandCapital
FinaCom (International)
Verified
FinaCom (up to €20,000)
BlackBull Markets vs GrandCapital Trading Assets Comparison
Broker
Forex Pairs
CFDs
Commodities
Metals
Energies
Stocks
BlackBull Markets
64+
26,000+
Yes
Yes
Yes
Yes
GrandCapital
50+
330+
Yes
Yes
Yes
Yes
BlackBull Markets vs GrandCapital Trading Fees Comparison
Broker
Spreads
Commissions
Swap Rates
BlackBull Markets
From 0.0 pips (ECN Prime) or 0.8 pips (ECN Standard)
From $4 per lot (ECN Institutional) or $6 per lot (ECN Prime) or none (ECN Standard)
Variable depending on the currency pair and account type
GrandCapital
From 0.4 pips (Standard) or 0.0 pips (ECN Prime) or 1.0 pips (Micro) or 1.6 pips (Crypto) or none (Swap Free) or fixed (MT5) or floating (Binary Options)
From $5 per lot (ECN Prime) or none (other account types)
Variable depending on the currency pair and account type
BlackBull Markets vs GrandCapital Account Types Comparison
BlackBull Markets vs GrandCapital Analytical Tools Comparison
Broker
Analytical Tools
BlackBull Markets
Autochartist
GrandCapital
Trading Central
BlackBull Markets vs GrandCapital. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, goals and risk appetite. However, here are some possible factors that may influence your decision:
If you are looking for a broker that is regulated by a reputable authority, you may prefer BlackBull Markets, as it is registered with the FSPR and the FSCL in New Zealand, while GrandCapital is only verified by the FinaCom, which is a self-regulatory organization.
If you are looking for a broker that offers a wide range of trading assets, you may prefer BlackBull Markets, as it claims to have over 26,000 tradable instruments, while GrandCapital has only over 330.
If you are looking for a broker that offers low spreads and commissions, you may prefer BlackBull Markets, as it has lower spreads and commissions for its ECN Prime and ECN Institutional accounts than GrandCapital’s ECN Prime account.
If you are looking for a broker that offers more account types, you may prefer GrandCapital, as it has seven account types to choose from, while BlackBull Markets has only four.
If you are looking for a broker that offers more analytical tools, you may prefer GrandCapital, as it has Trading Central in addition to Autochartist, while BlackBull Markets only has Autochartist.
Ultimately, the best way to find out which broker suits you better is to try them out yourself by opening a demo account or a small live account and testing their services and platforms. You should also read the reviews and feedback from other traders who have experience with the brokers. Remember to trade responsibly and never risk more than you can afford to lose.
