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AvaTrade vs BlackBull Markets 2023

ForexBrokers.com

Written by ForexBrokers.com

August 29, 2023

Is AvaTrade better than BlackBull Markets? In our analysis of 23 international regulators across 62 of the best forex brokers, AvaTrade is considered Highly Trusted, with an overall Trust Score of 94 out of 99. BlackBull Markets is considered Average Risk, with an overall Trust Score of 77 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating AvaTrade BlackBull Markets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 94 77
Winner check_circle
Review AvaTrade Review BlackBull Markets Review
Broker Screenshots AvaTrade BlackBull Markets
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation AvaTrade BlackBull Markets
Trust Score info 94 77
Year Founded info 2006 2014
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info No info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 3 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) AvaTrade BlackBull Markets
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
European Union Authorised (MiFID) info Yes info No info
Tier-2 Licenses (Trusted) AvaTrade BlackBull Markets
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments AvaTrade BlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 26000
Forex Pairs (Total) info 55 72
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost AvaTrade BlackBull Markets
Average Spread EUR/USD - Standard info 0.92 info 0.827 info
All-in Cost EUR/USD - Active info 0.61 info 0.827 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding AvaTrade BlackBull Markets
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms AvaTrade BlackBull Markets
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No Yes
DupliTrade info Yes No
ZuluTrade info Yes Yes
Trading Tools AvaTrade BlackBull Markets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 80 30
Charting - Drawing Tools (Total) info 13 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading AvaTrade BlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 73 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Forex Calendar info Yes Yes
Research AvaTrade BlackBull Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education AvaTrade BlackBull Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs AvaTrade BlackBull Markets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review AvaTrade Review BlackBull Markets Review
Overall AvaTrade BlackBull Markets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 94 77
Winner check_circle
Review AvaTrade Review BlackBull Markets Review
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AvaTrade vs BlackBull Markets Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs BlackBull Markets.

Does AvaTrade or BlackBull Markets offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.

Is AvaTrade or BlackBull Markets safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. AvaTrade holds 4 global Tier-1 licenses, while BlackBull Markets holds 1. AvaTrade holds 3 global Tier-2 licenses, while BlackBull Markets holds 0. In our analysis of 23 international regulators across 50 brokers, AvaTrade (94) earned a higher Trust Score than BlackBull Markets (77).

Which trading platform is better: AvaTrade or BlackBull Markets?

To compare the trading platforms of both AvaTrade and BlackBull Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, BlackBull Markets offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both AvaTrade and BlackBull Markets offer MetaTrader 4 (MT4).AvaTrade and BlackBull Markets both offer copy trading.

How many forex pairs and CFDs are available to trade?

BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to AvaTrade's 55 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 26000 CFDs while AvaTrade has 1260 available CFDs, a difference of 24740.

Can I trust AvaTrade?

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), the European Union via MiFID, and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Canadian Investment Regulatory Organization (CIRO).

Can I trust BlackBull Markets?

BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulators (Highly Trusted), zero Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BlackBull Markets is authorised by the following Tier-1 regulators: Financial Markets Authority (FMA).

Is AvaTrade good?

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2022.

Is BlackBull Markets good?

BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.

Overall winner: AvaTrade

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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