BlackBull Markets vs Saxo
By Akash · Facts re-checked (UTC)
Here is how BlackBull Markets and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| BlackBull Markets | Saxo | |
|---|---|---|
| Regulators | FSA (Seychelles), FMA (NZ) / FSPR | Danish FSA, FCA |
| Minimum deposit | No minimum deposit (funding method minimums may apply) | No minimum deposit (individual account) |
| Spreads from | 0.0 pips (ECN Prime); 0.8 pips (ECN Standard) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | ECN Prime: US$3 per lot per side; ECN Standard: $0 | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 1:500 on forex and metals (BBG Limited) | – |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, BlackBull CopyTrader | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: BlackBull Markets review · Saxo review
Frequently asked questions
What is the minimum deposit at BlackBull Markets and Saxo?
BlackBull Markets: No minimum deposit (funding method minimums may apply). Saxo: No minimum deposit (individual account).
Are BlackBull Markets and Saxo regulated?
BlackBull Markets: FSA (Seychelles), FMA (NZ) / FSPR. Saxo: Danish FSA, FCA.
Which has tighter spreads, BlackBull Markets or Saxo?
Published spreads start from 0.0 pips (ECN Prime); 0.8 pips (ECN Standard) at BlackBull Markets and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: BlackBull Markets ECN Prime: US$3 per lot per side; ECN Standard: $0, Saxo USD 3 fixed commission on FX trades under 50,000 units.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more