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AvaTrade vs BlackBull Markets 2021

Is AvaTrade better than BlackBull Markets? In our analysis of 23 international regulators across 50 brokers, AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. BlackBull Markets is considered average-risk, with an overall Trust Score of 70 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature AvaTrade BlackBull Markets
Overall 4 3.5
Commissions & Fees 4.5 4
Offering of Investments 4 3
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3.5 3
Education 4.5 3
Trust Score 93 70
AvaTrade Review BlackBull Markets Review
71% of retail CFD accounts lose money

Regulation

Feature AvaTrade BlackBull Markets
Trust Score 93 70
Year Founded
2006 2014
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
3 0
Tier-2 Licenses
4 1
Tier-3 Licenses
1 0
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature AvaTrade BlackBull Markets
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No No
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature AvaTrade BlackBull Markets
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes No
CBI Authorised (Ireland)
Yes No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No Yes
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature AvaTrade BlackBull Markets
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
Yes No
FSC Authorised (Mauritius)
No No

Investments

Feature AvaTrade BlackBull Markets
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1260 281
Forex Pairs (Total)
55 30
US Stock Trading (Non CFD)
No No
Int'l Stock Trading (Non CFD)
No No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes No
Social Trading / Copy-Trading
Yes Yes

Cost

Feature AvaTrade BlackBull Markets
Average Spread EUR/USD - Standard
0.91 (August 2020) 0.76
All-in Cost EUR/USD - Active
0.61 (August 2020) 0.76
Active Trader or VIP Discounts
Yes Yes
Execution: Agency Broker
No No
Execution: Market Maker
Yes Yes

Funding

Feature AvaTrade BlackBull Markets
Minimum Deposit
$100.00 $200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature AvaTrade BlackBull Markets
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No
DupliTrade
Yes No
ZuluTrade
Yes No

Trading Tools

Feature AvaTrade BlackBull Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
6 MetaTrader (Default)
Charting - Indicators / Studies (Total)
90 MetaTrader (Default)
Charting - Drawing Tools (Total)
13 MetaTrader (Default)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes No

Mobile Trading

Feature AvaTrade BlackBull Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
73 MetaTrader (Default)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
Yes Yes

Research

Feature AvaTrade BlackBull Markets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature AvaTrade BlackBull Markets
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature AvaTrade BlackBull Markets
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature AvaTrade BlackBull Markets
Overall 4 3.5
Commissions & Fees 4.5 4
Offering of Investments 4 3
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3.5 3
Education 4.5 3
Trust Score 93 70
AvaTrade Review BlackBull Markets Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 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 20 international regulator databases. Here's our findings. AvaTrade holds 3 global Tier-1 licenses, while BlackBull Markets holds 0. AvaTrade holds 4 global Tier-2 licenses, while BlackBull Markets holds 1. In our analysis of 23 international regulators across 50 brokers, AvaTrade earned a higher Trust Score than BlackBull Markets.

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, AvaTrade 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. AvaTrade and BlackBull Markets both offer copy trading. Both AvaTrade and BlackBull Markets offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
AvaTrade provides traders 55 currency pairs (e.g., EUR/USD) compared to BlackBull Markets's 30 available pairs. Forex pairs aside, AvaTrade offers traders access to 1260 CFDs while BlackBull Markets has 281 available CFDs, a difference of 979.

Can I trust AvaTrade?
AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust). AvaTrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Can I trust BlackBull Markets?
BlackBull Markets is not publicly traded and does not operate a bank. BlackBull Markets is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-2 regulators: New Zealand Financial Markets Authority (FMA).

Is AvaTrade good?
AvaTrade is a trusted global brand best known for offering traders an extensive selection of trading platform options. Our testing found AvaTrade to be great for copy trading, competitive for mobile, mostly in line with the industry average for pricing and research, and a winner for investor education.

Is BlackBull Markets good?
With just MetaTrader 4 available alongside a handful of social copy trading platforms, BlackBull Markets offers a limited product range and struggles to compete with industry-leading forex brokers

Overall winner: AvaTrade

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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