Head-to-Head Comparison

Black Bull vs Saxo Bank

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Black Bull logo

Black Bull

FMA
Est. 2014
VS
Score
3:2
Saxo Bank logo

Saxo Bank

FSA
Est. 1992

Quick Summary

Black Bull (established 2014) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Black Bull offers tighter spreads starting from 0.1 pips, compared to Saxo Bank's 0.4 pips. Both brokers offer similar maximum leverage of 500:1. Saxo Bank has a lower minimum deposit requirement of $2000.

Trading Conditions

Feature
Black Bull
Saxo Bank
Min. Spread
0.1 pips
0.4 pips
Min. Deposit
$0
$2000
Max Leverage
500:1
30:1
Execution
ECN|NDD
Market Maker
Instruments
26000+
71000+
Founded
2014
1992
Headquarters
New Zealand
Denmark

Regulation & Licensing

Black Bull logo
Black Bull

FMA(FSP403326)
New Zealand
FSA(SD045)
Seychelles

Saxo Bank logo
Saxo Bank

FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia

Platforms & Features

Feature
Black Bull
Saxo Bank
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Black Bull
Saxo Bank
Total Servers
2
Total Endpoints
7
Countries
3
Hosting Providers
Microsoft Azure, PrimeXM 185.97.161/24, PrimeXM Services (Cyprus) Ltd

Account Types

Black Bull

Standard
Spread: 0.8 pipsMin: $0Lev: 500:1
Prime
Spread: 0.1 pipsMin: $2000Lev: 500:1Comm: $6/lot

Saxo Bank

Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1

Verdict: Black Bull vs Saxo Bank

Based on our verified data analysis, Black Bull has a slight edge in this comparison with a score of 3 vs 2.

Choose Black Bull if you prioritize the tightest possible spreads. Choose Saxo Bank for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.