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TIO Markets vs BlackBull Markets

TIOmarkets or BlackBull Markets – which is better for UK traders 2024? Compare TIOmarkets and BlackBull Markets in this detailed breakdown of their platforms, features and fees.

TIOmarkets vs BlackBull Markets Comparison Table 2024
TIOmarkets	BlackBull Markets

2.9	3.7
TIOmarkets is ranked #97 among CFD brokers.	BlackBull Markets is ranked #20 among CFD brokers.
Review	Review
TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips.	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.
Pros
I have found fees to be pretty competitive with TIO Markets, averaging as low as 0.2 pips for GBP/USD on the VIP account The company's 24/7 customer service availability is in line with some of the top brokerages that I have reviewed Another major advantage for me is the free access to Trading Central, an excellent charting and analysis tool TIO Markets offers access to the powerful MT4 and MT5 platforms with market-leading analysis tools UK clients will be happy to find that spread betting opportunities are supported by TIO Markets I'm also pleased to see top-tier FCA regulation through the company's UK branch	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
Cons
Most traders will be registering with the global branch, which is regulated offshore and will not offer any robust fund safeguarding measures Leverage rates with the UK branch are limited to a maximum of 1:30, which may feel restricting for experienced traders Compared to major competitors, TIO Markets' educational resources are notably limited	Withdrawal fees with some methods US traders not accepted
Awards
	Best ECN Broker 2022 Deloitte Fast 50 Index 2021 Best NZ Forex Broker 2021
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Payment Methods
Credit Cards Neteller Skrill Visa Wire Transfer	Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA	FMA, FSA
Mobile Apps
Yes	iOS & Android
iOS App Rating
	3.7
Android App Rating
	3.7
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Yes	Yes
Copy Trading
No	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.
Social Trading
No	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Commodities
Gold Silver Oil Natural Gas	Gold Silver Oil Gasoline Cocoa Wheat Corn Sugar Coffee Natural Gas
CFD
Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback.	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.
Leverage
1:30	1:500
FTSE Spread
20	10.4
GBPUSD Spread<
0.8	0.8
Oil Spread
0.02	5.2
Stocks Spread
Variable	Variable
Forex
My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software.	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.
Assets
45+	64
GBPUSD Spread
0.8	0.8
EURUSD Spread
0.4	0.2
EURGBP Spread
0.6	0.8
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.
Spread
	Variable
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

TIOmarkets	BlackBull Markets
Review	Review
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