| Feature | eToro | BlackBull Markets |
|---|---|---|
| Founded | 2007 | 2014 |
| Headquarters | London, United Kingdom | Auckland, New Zealand |
| Regulation | FCA (UK), CySEC (Cyprus), ASIC (Australia), FINRA (US), SEC (US), FSA (Seychelles), SIPC | FMA (New Zealand), FSA (Seychelles) |
| Minimum Deposit | $50 | $0 for Standard account, $2,000 for Prime account, $20,000 for Institutional account |
| Maximum Leverage | 30:1 (EU), 50:1 (US) | Up to 500:1 |
| Trading Instruments | 5,000+ instruments including Forex, Stocks, Indices, ETFs, Commodities, Cryptocurrencies | 26,000+ instruments including Forex, Equities, Commodities, Futures, Indices |
| Trading Platforms | Proprietary eToro Platform (Web and Mobile) | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Social/Copy Trading | Yes | Yes, via ZuluTrade, Myfxbook, and BlackBull CopyTrader |
| Account Types | Standard, Professional, Corporate, Islamic, Demo | ECN Standard, ECN Prime, ECN Institutional, Islamic (Swap-Free), Demo |
| Spreads | From 1 pip | From 0.8 pips (Standard), 0.1 pips + $6 commission per lot (Prime), 0.0 pips + $4 commission per lot (Institutional) |
| Commission | Commission-free on Stocks and ETFs; other instruments may have spreads and overnight fees | Varies by account type; commissions apply on Prime and Institutional accounts |
| Deposit/Withdrawal Fees | No deposit fees; $5 withdrawal fee; currency conversion fees may apply | No deposit fees; withdrawal fees may apply depending on method |
| Inactivity Fee | $10 per month after 12 months of inactivity | None |
| Educational Resources | eToro Academy, News and Analysis, Webinars, Tutorials | Webinars, Workshops, Educational Videos, Articles, Market Analysis |
| Customer Support | 24/5 via Email, Live Chat | 24/6 via Email, Live Chat, Phone |
| US Clients Accepted | Yes | No |
| Islamic Accounts | Yes | Yes |
| Automated Trading | No support for Expert Advisors (EAs) | Supports EAs on MetaTrader platforms |
| VPS Services | Not available | Available for eligible clients |
| Research Tools | Market News, Analysis, Trading Central | Market Analysis, Autochartist |
| Promotions/Bonuses | Occasionally offers promotions; refer to the official website for current offers | Refer-a-Friend bonus; deposit bonuses may be available depending on the country |
| Execution Model | Market Maker; eToro acts as the counterparty to clients' trades. | ECN (Electronic Communication Network) execution; provides direct market access with no dealing desk intervention. |
| Order Types | Market Orders, Limit Orders, Stop Loss, Take Profit, Trailing Stop. | Market Orders, Limit Orders, Stop Loss, Take Profit, Trailing Stop, Pending Orders. |
| Research and Analysis | Offers market news, analysis, and insights through the eToro platform; provides Trading Central analysis. | Provides market analysis tools, including Autochartist; offers economic calendar and market news. |
| Educational Resources | eToro Academy offers webinars, tutorials, and articles for traders of all levels. | Provides educational videos, articles, webinars, and workshops to enhance trading knowledge. |
| Customer Support | Available 24/5 via email and live chat; multilingual support; no phone support. | Available 24/6 via email, live chat, and phone; multilingual support. |
| Account Security | Two-factor authentication (2FA) available; segregated client funds; regulated by multiple top-tier authorities. | Segregated client funds; regulated by FMA (New Zealand) and FSA (Seychelles). |
| Promotions and Bonuses | Occasionally offers promotions; refer to the official website for current offers. | Offers a Refer-a-Friend bonus; deposit bonuses may be available depending on the country. |
| Additional Services | Provides a proprietary social trading platform; access to real stocks and ETFs; cryptocurrency trading available. | Supports automated trading via Expert Advisors (EAs); offers Virtual Private Server (VPS) services for eligible clients; provides access to MetaTrader 4 and 5, cTrader, and TradingView platforms. |
| Mobile App | Proprietary eToro app; available on iOS and Android; supports social trading, charting, and research tools. | MetaTrader 4/5 mobile apps, cTrader mobile app, and TradingView; advanced charting and order execution. |
| Desktop Platform | Web-based only; no standalone desktop application. | MetaTrader 4, MetaTrader 5, cTrader; available as downloadable desktop applications. |
| Demo Account Duration | Unlimited duration with $100,000 virtual funds. | 30 days for standard demo; extended availability upon request. |
| Number of Cryptocurrencies | 70+ cryptocurrencies including Bitcoin, Ethereum, Ripple, and altcoins. | 10+ major cryptocurrencies; limited compared to eToro. |
| Indices Trading | 30+ indices, including major global indices (S&P 500, NASDAQ, FTSE 100). | 20+ indices; provides global coverage but slightly fewer than eToro. |
| Forex Pairs | 49 currency pairs, including majors, minors, and exotics. | 70+ currency pairs, offering extensive forex trading options. |
| Commodities | 20+ commodities, including precious metals, energy, and agricultural products. | 30+ commodities, broader coverage including rare metals and other assets. |
| ETF Availability | 300+ ETFs for commission-free trading. | Limited ETF access compared to eToro. |
| Fractional Shares | Available; allows investment in portions of stocks. | Not available; trades are conducted in full lots. |
| Spread Betting | Not available. | Not available. |
| Currency Conversion Fee | Applicable for deposits/withdrawals not in USD; variable fee. | Applicable for deposits/withdrawals in non-supported currencies; typically lower than eToro. |
| Advanced Charting Tools | Basic compared to specialized platforms; supports limited technical indicators and studies. | Advanced charting on MT4, MT5, and cTrader; supports hundreds of technical indicators and tools. |
| API Trading | Not supported. | Fully supports API trading for automated and custom strategies. |
| PAMM/MAM Accounts | Not available. | Offers PAMM and MAM accounts for money managers. |
| Swap-Free Islamic Accounts | Available for most instruments, including forex and CFDs. | Available for forex, indices, and commodities; limited for cryptocurrencies. |
| Deposit Methods | Credit/Debit cards, PayPal, Skrill, Neteller, Bank Transfer, UnionPay, Rapid Transfer. | Credit/Debit cards, Skrill, Neteller, Bank Transfer, Fasapay, POLi, and more depending on the region. |
| Withdrawal Speed | 1-5 business days, depending on method. | 1-3 business days, generally faster than eToro. |
| Market Coverage | Focused on popular and widely traded instruments globally. | Offers more niche instruments, particularly in forex and commodities. |
| Custom Indicators/Plugins | Not available on eToro's proprietary platform. | Supports custom indicators, Expert Advisors (EAs), and plugins on MetaTrader and cTrader. |
eToro is ideal for beginners with its social trading platform and vast asset variety, while BlackBull Markets caters to advanced traders with ECN execution, customizable tools, and higher leverage options.