Compare FP Markets vs BlackBull Markets
What is FP Markets? What is BlackBull Markets ?
FP Markets is a global contract for differences (CFD) and online retail foreign exchange (Forex) broker established and regulated in Australia since 2005. It offers trading services for Forex, CFDs, indices, shares, commodities, metals, bonds and futures across various platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS and WebTrader.
BlackBull Markets is an award-winning New Zealand-based ECN broker that provides institutional-grade trading conditions and exceptional customer service and support. It offers trading services for Forex, CFDs, indices, commodities, precious metals, energy and crypto across various platforms such as TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader and BlackBull Shares.
FP Markets vs BlackBull Markets Regulation Comparison
FP Markets is regulated by the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the European Securities and Markets Authority (ESMA).
BlackBull Markets is regulated by the Financial Services Provider Register (FSPR) and the Financial Services Complaints Limited (FSCL) in New Zealand.
FP Markets vs BlackBull Markets Trading Assets Comparison
FP Markets offers trading services for over 60 currency pairs, more than 10,000 stocks on global exchanges, 19 major global indices, various commodities such as coffee, natural gas, corn and more, bonds such as US10YR and UK Long Gilt Futures GILT, metals such as gold, oil, silver and more, and futures.
BlackBull Markets offers trading services for over 64 currency pairs, over 11 global indices, various commodities such as coffee, sugar, wheat and more, precious metals such as gold, silver, platinum and palladium, energy products such as oil and gas, over 30 crypto assets such as Bitcoin, Ethereum, Litecoin and more, and over 26,000 equities from 80+ global markets.
FP Markets vs BlackBull Markets Trading Fees Comparison
FP Markets offers three types of accounts: Standard Account with no commission but higher spreads from 0.8 pips; ECN Raw Account with lower spreads from 0.0 pips but commission of $3 per lot per side; and Islamic Account with no swap fees but higher spreads from 0.8 pips. FP Markets also charges an inactivity fee of $10 per month after three months of no trading activity.
BlackBull Markets offers three types of accounts: ECN Standard Account with no commission but higher spreads from 0.8 pips; ECN Prime Account with lower spreads from 0.1 pips but commission of $6 per lot per side; and ECN Institutional Account with custom spreads from 0.0 pips but commission of $4 per lot per side. BlackBull Markets does not charge any inactivity fees.
FP Markets vs BlackBull Markets Account Types Comparison
FP Markets offers three types of accounts: Standard Account, ECN Raw Account and Islamic Account. The minimum deposit for all accounts is $0, the minimum lot size is 0.01, and the maximum leverage is 1:500.
BlackBull Markets offers three types of accounts: ECN Standard Account, ECN Prime Account and ECN Institutional Account. The minimum deposit for the ECN Standard Account is $0, for the ECN Prime Account is $2,000, and for the ECN Institutional Account is $20,000. The minimum lot size for all accounts is 0.01, and the maximum leverage is 1:500.
FP Markets vs BlackBull Markets Deposit Options Comparison
| Payment Method | FP Markets | BlackBull Markets |
|---|---|---|
| Bank Wire Transfer | Yes | Yes |
| Credit/Debit Cards | Yes | Yes |
| Neteller | Yes | Yes |
| Skrill | Yes | Yes |
| PayPal | Yes | No |
| POLi | Yes | No |
| BPay | Yes | No |
| FasaPay | Yes | Yes |
| PayTrust88 | Yes | No |
| Ngan Luong | Yes | No |
| UnionPay | No | Yes |
| Broker-to-Broker Transfer | Yes | Yes |
FP Markets vs BlackBull Markets Trading Platforms Comparison
| Platform Name | FP Markets Devices Supported | BlackBull Markets Devices Supported |
|---|---|---|
| MetaTrader 4 (MT4) | Windows, Android & iOS devices | Windows, Android & iOS devices |
| MetaTrader 5 (MT5) | Windows, Android & iOS devices | Windows, Android & iOS devices |
| IRESS | Windows & iOS devices | N/A |
| WebTrader | Major web browsers & operating systems (Windows, Linux & Mac) | Major web browsers & operating systems (Windows, Linux & Mac) |
| TradingView | N/A | Desktop & mobile devices |
| BlackBull Shares | N/A | Android & iOS devices |
FP Markets vs BlackBull Markets Analytical Tools Comparison
| Analytical Tool | FP Markets | BlackBull Markets |
|---|---|---|
| Economic Calendar | Yes | Yes |
| Market News | Yes | Yes |
| Trading Signals | Trading Central | N/A |
| Autochartist | Yes | Yes |
| VPS Hosting | Yes | Yes |
| MAM/PAMM Accounts | Yes | Yes |
| Traders Toolbox | Yes | N/A |
| TradingView Pro | N/A | Yes |
FP Markets vs BlackBull Markets . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on many factors, such as your trading style, preferences, goals, risk appetite, level of experience and personal circumstances. Both FP Markets and BlackBull Markets have their own advantages and disadvantages. Ultimately, you have to weigh the pros and cons of each broker and decide which broker best suits your needs and expectations.
