AxiTrader
Blackbull Markets
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while Blackbull Markets was established in 2014 and is based in New Zealand. AxiTrader holds licences including Financial Conduct Authority (FCA), while Blackbull Markets is regulated by Financial Services Providers Register (FSPR) among others. AxiTrader serves 10,000+ clients worldwide; Blackbull Markets has 10,000+. The minimum deposit is $0 at AxiTrader and $200 at Blackbull Markets.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Financial Services Providers Register (FSPR), FSPR number: FSP403326 |
| Founded | 2007 | 2014 |
| Country | Australia | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and Blackbull Markets, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Blackbull Markets). Both brokers charge withdrawal fees. AxiTrader charges deposit fees; Blackbull Markets does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
AxiTrader offers MT4, MT5, cTrader, while Blackbull Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which Blackbull Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,MT5,mac,Android.iPhone/iPad |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Blackbull Markets compare. Blackbull Markets runs regular live webinars; AxiTrader does not. Blackbull Markets has a video library; AxiTrader does not. Blackbull Markets publishes daily market commentary; AxiTrader does not. Blackbull Markets integrates third-party research tools (Trading Central, Autochartist); AxiTrader does not. Blackbull Markets maintains an archive of past webinars for on-demand viewing. Blackbull Markets scores higher overall in education and research.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Blackbull Markets supports 3 (credit/debit card, Skrill, Neteller). AxiTrader uniquely supports bank transfer among the two brokers. Blackbull Markets uniquely supports Skrill among the two brokers.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| Bank Transfer | Yes | No |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Blackbull Markets offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Blackbull Markets supports 15, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.
| Feature | AxiTrader | Blackbull Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |