Compare IQ Option vs BlackBull Markets
What is IQ Option? What is BlackBull Markets ?
IQ Option is an online trading platform that offers CFDs on stocks, ETFs, forex and cryptocurrencies. It has a free demo account, a low minimum deposit of $20, and a wide range of payment methods. It also has an award-winning mobile app and a web-based platform with advanced features and analytical tools.
BlackBull Markets is a New Zealand-based ECN broker that provides institutional-grade trading conditions and exceptional customer service and support. It has no minimum deposit, low spreads, high leverage, and access to over 26,000 tradeable instruments, including shares, indices, commodities, precious metals, energy and crypto. It also offers various trading platforms, such as TradingView, MetaTrader 4 and 5, WebTrader and BlackBull Shares.
IQ Option vs BlackBull Markets Regulation Comparison
IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 247/14. It also complies with the European Securities and Markets Authority (ESMA) rules and the Financial Conduct Authority (FCA) standards.
BlackBull Markets is regulated by the Financial Services Provider Register (FSPR) of New Zealand under registration number FSP403326. It also complies with the Financial Markets Authority (FMA) rules and the Financial Services Complaints Limited (FSCL) standards.
IQ Option vs BlackBull Markets Trading Assets Comparison
IQ Option offers CFDs on over 250 assets, including 50+ currency pairs, 200+ stocks, 25+ ETFs, 10+ commodities and 20+ cryptocurrencies.
BlackBull Markets offers access to over 26,000 tradeable instruments, including 60+ currency pairs, 26,000+ stocks, 11+ indices, 6+ commodities, 4+ precious metals, 2+ energy products and 10+ cryptocurrencies.
IQ Option vs BlackBull Markets Trading Fees Comparison
IQ Option charges no commission on CFDs trading, but it applies spreads and swaps depending on the asset and market conditions. It also charges an inactivity fee of $10 per month after 90 days of no trading activity.
BlackBull Markets charges no commission on its Standard account, but it applies spreads from 0.8 pips. It charges commission from $6 per lot on its Prime account and from $4 per lot on its Institutional account, but it applies spreads from 0.1 pips and 0.0 pips respectively. It also charges swaps depending on the asset and market conditions. It does not charge any inactivity fee.
IQ Option vs BlackBull Markets Account Types Comparison
| Account Type | IQ Option | BlackBull Markets |
|---|---|---|
| Demo | Yes | Yes |
| Standard | Yes | Yes |
| Prime | No | Yes |
| Islamic | No | Yes |
| Institutional | No | Yes |
IQ Option vs BlackBull Markets Deposit Options Comparison
IQ Option accepts various payment methods for deposit and withdrawal, such as credit/debit cards, bank wire transfer, e-wallets (Skrill, Neteller, WebMoney), cryptocurrencies (Bitcoin, Ethereum) and local payment solutions (AstroPay Card). The minimum deposit amount is $20 and the minimum withdrawal amount is $2.
BlackBull Markets accepts various payment methods for deposit and withdrawal, such as credit/debit cards, bank wire transfer, e-wallets (Skrill, Neteller), cryptocurrencies (Bitcoin) and local payment solutions (UnionPay). The minimum deposit amount is $0 and the minimum withdrawal amount is $100.
IQ Option vs BlackBull Markets Trading Platforms Comparison
IQ Option offers its own proprietary trading platform that is available on desktop (Windows), web browsers (Chrome, Firefox) and mobile devices (Android, iOS). The platform has a clean and intuitive interface with advanced features such as technical analysis tools, news feed, economic calendar, price alerts and risk management options.
BlackBull Markets offers various trading platforms that are available on desktop (Windows), web browsers (Chrome) and mobile devices (Android). The platforms include TradingView, MetaTrader 4 and 5, WebTrader and BlackBull Shares. The platforms have different features and functionalities depending on the trader’s preference and needs.
IQ Option vs BlackBull Markets Analytical Tools Comparison
IQ Option provides its clients with various analytical tools to enhance their trading experience and performance. These include more than 100 technical indicators, widgets, charts, drawing tools, historical quotes and market sentiment analysis.
BlackBull Markets provides its clients with various analytical tools to enhance their trading experience and performance. These include trading signals, market news, economic calendar, VPS service, MAM/PAMM accounts and custom solutions.
IQ Option 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, goals, risk appetite, experience, budget and preferences. Both IQ Option and BlackBull Markets have their own pros and cons, which you should consider carefully before making a decision. You can also see some online reviews and ratings from other traders who have used these brokers to get some insight and feedback. Ultimately, the best forex broker for you is the one that best suits your needs and expectations.
