Compare InstaForex vs BlackBull Markets
What is InstaForex? What is BlackBull Markets ?
InstaForex is a forex broker that offers trading on forex, CFDs, indices, futures, and crypto with leverage up to 1:1000 and various bonuses and promotions. It claims to be the number one broker in Latin America according to the International Business Magazine.
BlackBull Markets is an ECN broker that offers trading on forex, shares, CFDs, commodities, precious metals, energy, and crypto with leverage up to 1:500 and no minimum deposit. It is based in New Zealand and has won several awards for its trading conditions and customer service.
InstaForex vs BlackBull Markets Regulation Comparison
InstaForex is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15, the British Virgin Islands Financial Services Commission (BVI FSC) under license number SIBA/L/14/1082, and the Financial Services Authority of Saint Vincent and the Grenadines under license number IBC22945.
BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand under license number FSP403326 and the Financial Services Commission (FSC) of Mauritius under license number GB20025728.
InstaForex vs BlackBull Markets Trading Assets Comparison
InstaForex offers over 300 trading instruments, including 107 currency pairs, 88 CFDs on US stocks, 4 CFDs on metals, 22 CFDs on indices, 5 CFDs on futures, and 8 CFDs on cryptocurrencies.
BlackBull Markets offers over 26,000 tradeable instruments, including 64 currency pairs, 26,000+ shares from 80+ global markets, 11 index CFDs, 6 commodity CFDs, 4 precious metal CFDs, 2 energy CFDs, and 10 cryptocurrency CFDs.
InstaForex vs BlackBull Markets Trading Fees Comparison
InstaForex charges no commission on its Standard account, which has spreads from 0.8 pips. It charges $6 per lot on its Prime account, which has spreads from 0.1 pips. It also charges swap fees for holding positions overnight and may charge deposit and withdrawal fees depending on the payment method.
BlackBull Markets charges no commission on its Standard account, which has spreads from 0.8 pips. It charges $6 per lot on its Prime account, which has spreads from 0.1 pips. It charges $4 per lot on its Institutional account, which has spreads from 0 pips. It does not charge swap fees on its Islamic account. It does not charge deposit or withdrawal fees for most payment methods.
InstaForex vs BlackBull Markets Account Types Comparison
InstaForex offers three types of accounts: Standard, Prime, and Islamic. The Standard account has no minimum deposit requirement and no commission. The Prime account has a minimum deposit of $2,000 and a commission of $6 per lot. The Islamic account is swap-free and has a minimum deposit of $1.
BlackBull Markets offers four types of accounts: Standard, Prime, Islamic, and Institutional. The Standard account has no minimum deposit requirement and no commission. The Prime account has a minimum deposit of $2,000 and a commission of $6 per lot. The Islamic account is swap-free and has a minimum deposit of $100. The Institutional account has a minimum deposit of $20,000 and a commission of $4 per lot.
InstaForex vs BlackBull Markets Deposit Options Comparison
InstaForex supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/WebMoney), cryptocurrencies (Bitcoin/Ethereum/Litecoin), local bank transfers (in some countries), and internal transfers between accounts.
BlackBull Markets supports various deposit and withdrawal options, including bank wire transfer (SWIFT/SEPA), credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/FasaPay), cryptocurrencies (Bitcoin/Ethereum/Tether), local bank transfers (in some countries), broker-to-broker transfers, and internal transfers between accounts.
InstaForex vs BlackBull Markets Trading Platforms Comparison
InstaForex provides its clients with the MetaTrader 4 and MetaTrader 5 platforms, which are available on Windows, Android, iOS, and web browsers. It also offers an exclusive Forex Signals app, which allows traders to copy the trades of successful traders.
BlackBull Markets provides its clients with the MetaTrader 4 and MetaTrader 5 platforms, which are available on Windows, Android, iOS, and web browsers. It also offers the option to trade directly in TradingView, which is a leading charting and social trading platform. Additionally, it offers a BlackBull Shares platform, which allows traders to access 26,000+ equities from 80+ global markets.
InstaForex vs BlackBull Markets Analytical Tools Comparison
InstaForex offers various analytical tools for its clients, such as market news, economic calendar, forex analysis, forex TV, trading signals, forex widgets, forex charts, forex calculators, and trading contests.
BlackBull Markets offers various analytical tools for its clients, such as market news, economic calendar, trading signals, trading calculators, trading indicators, trading strategies, and trading education.
InstaForex vs BlackBull Markets . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and other factors. You should compare the features, fees, regulations and reviews of different brokers .Ultimately, 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.
