Trade Nation is better than BlackBull Markets.
Trying to decide between Trade Nation and BlackBull Markets? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Overall Rating | 7.1 / 10 | 7.0 / 10 | 8.2 / 10 |
| Account Type | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | Yes | Yes |
| Islamic Account | No | Yes | Yes |
| Copy Trading | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Social Trading / Copy Trading | No | Yes | Yes |
| DupliTrade | No | No | Yes |
| ZuluTrade | No | Yes | Yes |
| Cryptocurrency | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Crypto Trading | No | No | No |
| Bitcoin | No | No | Yes |
| ethereum | No | No | Yes |
| Forex Trading | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | Yes | No | Yes |
| Social Trading / Copy Trading | No | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | No | Yes | Yes |
| ETF | No | No | No |
| U.S. Stocks (CFD) | No | Yes | Yes |
| Trading Platforms | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | No | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | Yes | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes | Yes |
| Regulatory Licenses | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Tier-1 Licenses | 2 | 1 | 4 |
| ASIC Authorised (Australia) | Yes | No | Yes |
| IIROC Authorised (Canada) | No | No | Yes |
| FCA Authorised (U.K.) | Yes | No | No |
| SFC Authorised (Hong Kong) | No | No | No |
| MAS Authorised (Singapore) | No | No | No |
| FINMA Authorised (Switzerland) | No | No | No |
| CFTC Registered (USA) | No | No | No |
| Tier-2 Licenses | 1 | 0 | 3 |
| Tier-3 Licenses | 1 | 0 | 1 |
| Research, Education | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Trading Central (Recognia) | No | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No | Yes |
| Daily Market Commentary | No | Yes | Yes |
| Autochartist | No | No | No |
| Investor Dictionary (Glossary) | Yes | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | No | Yes | Yes |
| Trading Costs | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Minimum Deposit | $0 | $200 | $100 |
| Average Spread EUR/USD - Standard | 0.6 | 0.845 (October, 2021) | 0.91 (Aug 2020) |
| All-in Cost EUR/USD - Active | 0.6 | 0.845 (October, 2021) | 0.61 (Aug 2020) |
| Active Trader or VIP Discounts | No | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No | Yes |
| Trading Tools | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Watchlists - Total Fields | 12 | 7 | 6 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 35 | 30 | 90 |
| Mobile Charting - Indicators / Studies (INTL) | 95 | 30 | 73 |
| Trust Factors | Trade Nation | BlackBull Markets | AvaTrade |
|---|---|---|---|
| Year Founded | 2014 | 2014 | 2006 |
| Publicly Traded (Listed) | No | No | No |
| Bank | No | No | No |
| Authorised in European Union | No | No | Yes |
| Trust Score | 80 | 74 | 93 |
