Feature | Exness | BlackBull Markets |
|---|---|---|
Regulation | Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) | Regulated by FMA (New Zealand), FSCL (Financial Services Complaints Ltd) |
Founded | 2008 | 2014 |
Account Types | Standard, Standard Cent, Raw Spread, Zero, Pro | ECN Standard, ECN Prime, ECN Institutional |
Minimum Deposit | $1 for Standard account, $500+ for Pro accounts | $200 (Standard), $2,000 (Prime), $20,000 (Institutional) |
Spread | Starting from 0.0 pips (Zero accounts), 0.3 pips (Standard) | Starting from 0.0 pips (ECN Prime), 0.8 pips (Standard) |
Commission | $3.50 per lot (Zero and Raw Spread accounts), no commission for Standard account | $6 per lot (Prime account), no commission for Standard |
Leverage | Up to 1:2000 for Standard and Pro accounts, up to 1:1000 for Raw Spread and Zero accounts (subject to regional restrictions) | Up to 1:500 for professional clients, limited for retail clients based on regulations |
Trading Platforms | MetaTrader 4, MetaTrader 5, Exness Web Terminal | MetaTrader 4, MetaTrader 5, BlackBull Trader |
Instruments | Forex, Cryptocurrencies, Metals, Energies, Indices, Stocks | Forex, Cryptocurrencies, Metals, Energies, Indices, CFDs |
Deposit and Withdrawal Options | Credit/Debit Card, Bank Transfer, E-wallets (Skrill, Neteller), Crypto Wallets (Bitcoin, Tether) | Credit/Debit Card, Bank Transfer, E-wallets (Skrill, Neteller) |
Trading Fees | Low spreads for Raw and Zero accounts, commission on specific accounts | Moderate spreads, commission on ECN Prime account |
Swap-Free/Islamic Accounts | Yes, available on request | Yes, available on request |
Demo Account | Yes, unlimited | Yes, unlimited |
Social/Copy Trading | Yes, Exness Social Trading platform | No direct copy trading, supports third-party tools |
Customer Support | 24/7 via live chat, email, phone | 24/6 via live chat, email, phone |
Education and Research | Yes, educational articles, webinars, trading tools | Yes, educational articles, research tools, market analysis |
Mobile Trading | Yes, Exness Trader app, MetaTrader apps | Yes, BlackBull Trader app, MetaTrader apps |
Scalping and Hedging | Allowed | Allowed |
Order Execution Speed | Instant execution, average of 0.1 seconds | ECN execution, highly optimized for speed |
Availability of VPS | Yes, free VPS for certain account holders | Yes, free VPS for ECN Prime and Institutional accounts |
Bonuses and Promotions | Rare, occasionally available based on region | Occasional promotions and bonuses, subject to availability |
Negative Balance Protection | Yes | Yes |
Trading Community/Forum | Exness Trading Community | No in-house forum, relies on external trading communities |
API Trading | Yes, API available for automated trading solutions | Yes, FIX API for advanced traders |
Funding Speed | Instant deposits for most methods | Instant deposits for major methods, bank transfers may take longer |
Withdrawal Speed | Instant withdrawals for e-wallets, within 24 hours for bank cards | Processed within 24 hours, varies by method |
PAMM/MAM Accounts | Not directly offered | Yes, MAM (Multi-Account Manager) accounts available |
Web Trading Platform Features | Exness Web Terminal: advanced charting, technical indicators, one-click trading | BlackBull WebTrader: customizable interface, technical analysis tools |
Account Currency Options | Wide range including USD, EUR, GBP, JPY, cryptocurrencies | USD, EUR, GBP, AUD, NZD |
Crypto Trading Options | Extensive selection: Bitcoin, Ethereum, Ripple, Litecoin, and others | Limited selection compared to Exness, focusing on major cryptos |
Price Alerts | Yes, customizable through the platform | Yes, through MetaTrader and BlackBull Trader |
Stop Loss & Take Profit Options | Yes, fully customizable | Yes, with flexible settings in platform |
Trading Signals | Yes, integrated via MetaTrader, also available on Social Trading | No in-house signals, supports third-party signal services |
Trading Competitions | Rare, only occasional promotions | Rare, sometimes for specific account holders |
Affiliate Program | Comprehensive program, competitive commission structure | Available, commissions based on referrals and trading volume |
Currency Conversion Fees | No fees on currency conversion for deposits | Yes, may apply if trading in non-account currencies |
Tradeable Stock CFDs | Offers stock CFDs on major global stocks | Limited selection compared to Exness, mainly US stocks |
Deposit Fees | Generally zero fees for most methods | No fees on deposits |
Withdrawal Fees | Zero fees on withdrawals, depending on the method | May apply for certain methods (e.g., international wire transfer) |
Execution Type | Market execution for most accounts | ECN execution for Prime and Institutional accounts |
Market News Integration | Integrated within platform, real-time news feed | Market analysis and insights available on website |
Position Sizing | Customizable, supports micro-lots | Flexible position sizing, micro-lots available |
Charting Tools | Advanced charting with over 50 technical indicators | MetaTrader and BlackBull Trader offer advanced charting options |
Advanced Order Types | Yes, supports pending orders, trailing stops, OCO (One Cancels Other) | Yes, supports pending orders and OCO |
Market Depth | Available for Zero accounts on MetaTrader 5 | Available on ECN accounts |
Autochartist Integration | Yes, available as plugin for MetaTrader | Available, integrated with MetaTrader |
Custom Indicators | Supports custom indicators on MetaTrader | Supports custom indicators via MetaTrader |
Trading Time Restrictions | 24/5 for Forex and CFDs, crypto 24/7 | 24/5 for Forex and CFDs, crypto trading hours depend on platform |
One-Click Trading | Yes, available on all platforms | Yes, available on MetaTrader and BlackBull Trader |
Copy Trading Community | Large community via Exness Social Trading | Limited, does not have its own copy trading platform |
Slippage Control | Advanced control, slippage notifications available | Moderate control, dependent on ECN execution model |
Trading Journal | Available via MetaTrader plugin | Can be enabled through third-party MetaTrader tools |
Guaranteed Stop-Loss | Not available | Not available |
Customizable Interface | Yes, highly customizable with MetaTrader and Exness Web | Yes, BlackBull Trader offers interface customization |
Tick Chart Trading | Supported in MetaTrader for quick scalping | Supported in MetaTrader, beneficial for scalpers |
Order Fill Policy | Fill-or-kill, partial fills for certain order types | Fill-or-kill, highly efficient for ECN orders |
Account Activation Time | Instant activation for basic accounts | Typically within one business day |
API Key Access | Yes, Exness API available for developers | Yes, FIX API available for advanced trading needs |
Global Access | Available in multiple regions, some restrictions in the US | Available globally, limited access in specific regions |
Scalping Tools | Supports scalping with one-click trading, low latency | Supports scalping, optimized for ECN execution |
Advanced Chart Pattern Recognition | Available through Autochartist and MetaTrader | Available via Autochartist and Trading Central |
Account Management | Exness Trader app offers easy management | BlackBull Trader app provides account management |
Trailing Stops | Supported in MetaTrader platforms | Supported in MetaTrader and BlackBull Trader |
Currency Pairs Available | Extensive list of over 100 pairs | Over 70 currency pairs, including majors, minors, exotics |
Direct Market Access (DMA) | Not available | Yes, available for institutional accounts |
Risk Management Tools | Customizable, stop-loss, take-profit, margin alerts | Customizable, integrated stop-loss and take-profit |
Trading Tools Integration | Integrated with Trading Central, Autochartist, and in-platform economic calendar | Integrated with Autochartist, Trading Central, economic calendar |
Proprietary Platform Features | Exness Trader includes account insights, push notifications | BlackBull Trader includes advanced order types, market depth |
Broker Type | Market maker and ECN | True ECN broker |
Web-Based Research Portal | Yes, offers market insights and analysis | Yes, includes trading insights and analysis |
CFD Expiration Dates | No expiration on CFDs, except for futures contracts | No expiration on standard CFDs |
Non-Depositable Balance Protection | Not available | Not available |
Webinars and Live Education | Regular live webinars and trading sessions | Offers webinars, particularly for new traders |
Mobile Research and Analysis | Exness Trader app provides market news, analysis | BlackBull Trader app includes integrated research |
Advanced Alerts | Push notifications, price alerts, order fills | Price alerts, order updates through mobile |
Language Support | Over 15 languages supported | Available in 6 languages |
MetaTrader Plug-ins | Access to various plugins like VPS, One-Click Trading | Access to multiple plugins for enhanced trading |
Exness offers flexibility with high leverage, multiple language support, and a comprehensive social trading platform, ideal for global retail traders. BlackBull Markets focuses on ECN execution, FIX API, and direct market access, making it a strong choice for institutional and high-frequency traders.