ActivTrades and BlackBull Markets are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. ActivTrades is regulated by 5 regulatory authorities , including the FCA, SCB, CMVM, BACEN, and FSC. On the other hand, BlackBull Markets is regulated by 2 regulatory authorities, including FMA, FSA-S. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare ActivTrades with BlackBull Markets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if ActivTrades is better than Etoro and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
ActiveTrades vs BlackBull Markets: In a Nutshell
ActiveTrades
ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options. To learn more, you can read our review of ActivTrades
ActivTrade At a Glance
- Founded In: 2001
- Founder: Alex Pusco
- Headquarters: London, UK
- Minimum Deposit: No Minimum Deposit. However Chinese and Brazilian traders require a $500 Minimum Deposit.
- Maximum Leverage: 1:200 for retails traders, and 1:400 for Pro traders
- Regulations:FCA, SCB, CMVM, BACEN and CVM
- Trading platform: MT4, MT5, ActivTrader and Tradingview
- Account Types: Professional Account, Retail Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
- US Clients : Not Accepted
BlackBull Markets
Founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman, BlackBull is a forex and CFD broker that enables the trading of over 26,000 instruments including forex, CFDs, real stocks, and ETFs. The available platforms are MT4, MT5, TradingView, cTrader, BlackBull shares and BlackBull Trade. Social trading is through BlackBull CopyTrader and ZuluTrade. Trading tools such as free VPS and Autochartist are provided. To learn more about Blackbull Markets, you can read our review where we have covered features, pros, cons, and more.
Blackbull Markets Overview
- Founded In: 2014
- Founder: Michael Walker and Selwyn Loekman
- Trading Instruments: 26000+ trading instruments including Forex, Equities, Commodities (Energies, agriculture, and Metals), Futures, Indices
- Minimum Deposit: between $0 and $20,000 ( $0 for Standard, $2000 for Prime, $20,000 for Institutional Accounts)
- Maximum Leverage: upto 1:500
- Regulations: FMA ,FSA
- Trading platform: MT4,MT5, Ctrader, Tradingview
- Trading Tools: Trading Tools: VPS, Zulutrade, Myfxbook, Calculators,
- Trading Fees: starting from 0.8 pips spreads for Standard account, 0.1 pips spread+$4 per lot for Price account, Spreads 0.0 + $4 per lot for Institutional Account.
- Account Types: Standard, Prime, Institutional
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrency, FasaPay, Neteller, Skrill, UnionPay
- US Traders: Not Accepted
ActivTrades vs: BlackBull Markets Features
ActivTrades
- Trading Instruments: 1000+Trading instruments including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds, etc
- Maximum leverage: 1:30 for retail traders of FCA, and CMVM, 1:200 for retail traders of SCB, and 1:400 for Pro Traders.
- Minimum Deposit: No Minimum Deposit. However, for Chinese and Brazilian clients the minimum deposit is $500
- Account Types: Two ( Professional, Retail)
- Trading Fees: ActiveTrades charges spread. The spread starts from as low as 0.5 pips. It does not charge any commission.
- PAMM/ MAM: Available
- Zulutrade: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
BlackBull Markets
- Trading Instruments: 26000+ trading instruments in 80 markets including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to 1:500
- Minimum Deposit: $0 for standard, $2000 for Prime, $20,000 for Institutional account
- Account Types: Offers 3 account types including ECN standard, ECN Prime, and ECN institutional.
- Fees: starting from 0.8 pips for a standard account, (0.1 pips + $6) per lot for an ECN Prime Account, and (0.0 Pips +$4) for an Institutional account.
- PAMM/ MAM: Yes,
- Zulutrade: Yes
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
ActivTrades vs BlackBull Markets: Pros and Cons
ActivTrades
- Regulated by FCA, SCB, CMVM, BACEN, and FSC
- For the Chinese account, the 2nd account requires a $500 minimum deposit. For the Brazilian account, both the 1st and 2nd accounts require $250 each.
- The maximum leverage is as high as 1:1000.
- Free deposit and withdrawal.
- Allows scalping, news trading, and EA trading.
- Has MT4, MT5, TradingView, and ActivTrades platforms.
- Offers 1000+ trading instruments.
- Spreads start from 0.5 pips.
- Provides fast order execution.
- Lloyds of London insurance up to $1,000,000.
- Offers 24-hour customer support in 14 languages.
- Supports a variety of bank accounts.
- Available to customers in more than 140 countries
- Not regulated by ASIC or CySEC.
- Only forex and CFDs are offered; no real tradable instruments are available.
- No passive investment programs like PAMM or MAM accounts.
- Mediocre customer support.
- Not authorized to trade real stocks.
- Offers 24/5 support.
- A bank wire withdrawal fee is applicable.
- Wide spreads in crypto pairs.
- An inactivity fee may be charged.
- The minimum deposit for Brazilian and Chinese traders is $500.
BlackBull Markets
- Regulated by FMA, FSPR, FSP, FSA-S
- Founded in New Zealand and operating globally
- Professional and Retail Trading options
- No Minimum Deposit Requirement ($0)
- The Maximum Leverage is as high as 1:500
- Allow Scalping, News Trading, EA/Robot Trading
- Offers Multiple Trading platforms including MT4, MT5, WebTrader, TradingView
- Supports multiple third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.
- BlackBull lacks additional Tier-1 regulatory licenses outside of New Zealand.
- $2,000 minimum deposit for Prime Account
- The Ctrader platform is not offered
- Withdrawal fees
- Limited Research Tools
- Not very diverse range of tradable assets
ActivTrades vs BlackBull Markets: Side-by-Side Comparison
ActivTrades Vs BlackBull Markets: Our Scores and Ratings
We rated both brokers, ActivTrades and BlackBull Markets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
ActivTrades :
BlackBull Markets:
Final Verdict :
ActivTrades and BlackBull Markets are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, Activtrades the minimum deposit For the Chinese account, the 2nd account requires a $500 minimum deposit. For the Brazilian account, both the 1st and 2nd accounts require $250 each, whereas the minimum deposit for BlackBull Markets is between $0 and $20,000. Additionally, the maximum leverage for ActivTrades is 1:1000. In contrast, the maximum leverage for BlackBull Markets is 500:1. ActivTrades offers passive investment programs like MAM, while BlackBull Markets does not have any passive investment programs.
Our score for ActivTrades is 9, and for BlackBull Markets, it is 8.2 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose ActivTrades. However, if you prefer another forex brokers that offer similar services, you may choose BlackBull Markets.
