BlackBull Markets vs tastyfx 2024

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

BlackBull Markets has a Trust Score of 78, giving it a "Average Risk" Trust Score Label.

tastyfx has a Trust Score of 99, giving it a "Highly Trusted" Trust Score Label.

BlackBull Markets is an up-and-coming broker that offers the full MetaTrader suite (both MetaTrader 4 and MetaTrader 5), a proprietary Social Copy Trading platform, as well as integration with the popular TradingView platform. Traders at BlackBull Markets gain access to share trading, CFDs, and a growing range of markets from its brands regulated in New Zealand and the Seychelles. BlackBull Markets' educational content has grown in recent years, but still trails behind what's offered by the best forex brokers in that category.

Tastyfx, IG’s new name for its US forex brand, delivers the same core experience that IG traders have grown to love. The name and logo have been refreshed, but this rebranded arm of IG’s forex business delivers the same platform experience, pricing structure, robust regulatory support, and powerful research. Simply put, tastyfx is an excellent choice for US-based forex traders seeking a trustworthy broker with a high-quality offering.

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. BlackBull Markets holds regulatory licenses in the following Tier-1 jurisdictions: New Zealand (FMA Authorised). tastyfx, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: Australia (ASIC Authorised), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), United Kingdom (U.K.) (FCA Authorised) and USA (CFTC Authorized). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland) and Switzerland (FINMA Authorised)

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, BlackBull Markets is none, while tastyfx is Cyprus (CySEC Authorised), South Africa (FSCA Authorised) and UAE (DFSA/Central Bank Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses BlackBull Markets is none, while tastyfx is Bermuda (BMA Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that BlackBull Markets offers a Desktop Platform (Windows), cTrader and ZuluTrade, whereas tastyfx supports a Proprietary Platform and Desktop Platform (Windows). Neither have DupliTrade

For MetaTrader BlackBull Markets provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while tastyfx provides MetaTrader 4 (MT4). If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

BlackBull Markets requires a minimum deposit of $0, while tastyfx requires a minimum deposit of $250.00. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that BlackBull Markets supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas tastyfx supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and PayPal (Deposit/Withdraw)

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that BlackBull Markets delivers a more diverse selection of investment options than tastyfx, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Social Trading / Copy Trading, Metals, Energies, Agriculturals, ETF and U.S. Stocks (CFD).

We also keep track of each broker’s total number of tradeable symbols; BlackBull Markets offers 26000, and tastyfx offers a total of 19537 tradeable symbols.

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither BlackBull Markets nor tastyfx allow you to trade physical cryptocurrencies.

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. BlackBull Markets delivers the following research tools: Autochartist, Daily Market Commentary, Stock Charts and Social Trading / Copy Trading. tastyfx, on the other hand, provides the tools listed here: Autochartist, Daily Market Commentary, Stock Charts and Forex News (Top-Tier Sources). Neither have Trading Central (Recognia)

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