3.7 BlackBull Markets is #14 in our CFD broker rankings. | 4.4 Deriv.com is #2 in our binary options broker rankings. |
Traders from Italy accepted | Traders from Italy accepted |
BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts. | Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5. |
Customer Reviews |
| 4.3 Based on 3 Deriv.com customer reviews |
Comment by Reviewer |
"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms." | "Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. " |
Pros |
- CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading
- Commission-free trading with spreads from 0.0 pips
- Superb range of platforms including TradingView Pro
- Responsive customer service during testing
- Excellent educational content for beginners
- $0 minimum deposit and 0.01 lot trades
- Huge range of 26,000+ instruments
- Autochartist plugin
| - Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
- There's a good range of fast deposit and withdrawal methods with zero payment fees and low minimum deposits
- The free demo account is ideal for practicing short-term trading strategies and no registration is required
- Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
- Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5
- The low $5 minimum initial deposit suits those on a lower budget
|
Cons |
- Withdrawal fees with some methods
- US traders not accepted
| - There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
- The range of 100+ assets trails some competitors such as Quotex which offers 400+
- There's no loyalty program or rebate scheme for high volume traders
|
Awards |
- Best ECN Broker 2022
- Deloitte Fast 50 Index 2021
- Best NZ Forex Broker 2021
| |
Instruments |
Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos | CFDs, Multipliers, Forex, Stocks, Indices, Commodities |
Demo Account |
Yes | Yes |
Minimum Deposit |
$0 | $5 |
Trading Platforms |
- MT4
- MT5
- cTrader
- TradingView
- AutoChartist
| |
Payment Methods |
- Bitcoin Payments
- Boleto
- Credit Card
- Debit Card
- FasaPay
- Mastercard
- Neteller
- Skrill
- UnionPay
- Visa
| - 1ForYou
- ADVcash
- Airtm
- AstroPay
- Banxa
- Boleto
- Credit Card
- Diners Club
- FasaPay
- JCB Card
- Maestro
- Mastercard
- Neteller
- Paysafecard
- Paytrust
- Perfect Money
- Skrill
- Sticpay
- Trustly
- Visa
- WebMoney
- Wire Transfer
|
Minimum Trade |
0.01 Lots | 0.01 Lots |
Regulator |
FMA, FSA | MFSA, LFSA, VFSC, BFSC |
Margin Trading |
Yes | Yes |
STP Account |
No | No |
ECN Account |
Yes | No |
DMA Account |
No | No |
MAM Account |
Yes | No |
PAMM Account |
No | No |
LAMM Account |
No | No |
Demat Account |
No | No |
AI / Machine Learning |
No | No |
Robo Advisor |
No | No |
Negative Balance Protection |
Yes | Yes |
Market Maker |
No | No |
P2P Trading |
No | No |
Spot Trading |
Yes | Yes |
Mobile Apps |
iOS & Android | iOS & Android |
App Review |
| Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users. |
Android App Rating |
3.7 | 4.5 |
iOS App Rating |
3.7 | 4.2 |
Auto Trading |
Yes | Expert Advisors (EAs) on MetaTrader, DBots |
Copy Trading |
Yes | Yes |
Copy Trading Platform |
Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools. | Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach. |
Social Trading |
Yes | No |
Trade Signals |
| DMT5 |
VPS Hosting |
Yes | No |
Tournaments |
No | No |
Demo Competitions |
No | No |
Ethical Investing |
No | No |
Custodial Account |
No | No |
Guaranteed Stop Loss |
No | No |
Inactivity Fee |
$0 | $25 |
Islamic Account |
Yes | No |
Account Currencies |
- USD
- EUR
- GBP
- CAD
- AUD
- NZD
- JPY
- ZAR
- SGD
| |
Stock Exchanges |
- Australian Securities Exchange
- DAX GER 40 Index
- FTSE UK Index
- Nasdaq
| - Australian Securities Exchange
- Dow Jones
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
|
Commodities |
- Cocoa
- Coffee
- Corn
- Gasoline
- Gold
- Natural Gas
- Oil
- Silver
- Sugar
- Wheat
| - Gold
- Oil
- Precious Metals
- Silver
|
CFD Trading |
BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support. | You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly. |
Leverage |
1:500 | 1:1000 |
FTSE Spread |
10.4 | 0.5 |
GBPUSD Spread |
0.8 | 0.5 |
Oil Spread |
5.2 | 0.018 |
Stocks Spread |
Variable | 0.07 |
Forex Trading |
BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500. | Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader. |
GBPUSD Spread |
0.8 | 0.5 |
EURUSD Spread |
0.2 | 0.5 |
EURGBP Spread |
0.8 | 0.5 |
Assets |
64 | 30+ |
Cryptocurrency |
BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule. | Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders. |
Spread |
Variable | From 0.5 |
Coins |
- BTC
- ETH
- BCH
- LTC
- XRP
- DOGE
- ADA
- DOT
- LINK
- EOS
- XLM
| |
Crypto Lending |
No | No |
Crypto Mining |
No | No |
Crypto Staking |
No | No |
Auto Market Maker |
No | No |
Binary Options |
Binary options trading not offered | Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support. |
Payout |
| 100% |
Expiry Times |
| 15 seconds to 365 days |
Ladder Options |
No | Yes |
Boundary Options |
No | Yes |
|
| |
More Comparisons |
BlackBull Markets vs | Deriv.com vs |