Head-to-head
BlackBullMarkets-Demo vs LMAX-DemoUK
A measured comparison, not an opinion piece: we sample both brokers’ demo feeds around the clock and compare 7-day average spreads for every symbol in our catalog. Across 41 tracked symbols, LMAX-DemoUK currently quotes the tighter average spread on 28 (13 for BlackBullMarkets-Demo, 28 for LMAX-DemoUK). Demo conditions may differ from live accounts.
Session scoreboard
symbols won per UTC session, 7-day averages| Session | Hours | BlackBullMarkets-Demo wins | LMAX-DemoUK wins | Ties | Session winner |
|---|---|---|---|---|---|
| Asia | 00–07 UTC | 9 | 32 | 0 | LMAX-DemoUK |
| London | 07–13 UTC | 8 | 31 | 1 | LMAX-DemoUK |
| LDN/NY Overlap | 13–17 UTC | 6 | 33 | 0 | LMAX-DemoUK |
| New York | 17–21 UTC | 9 | 30 | 0 | LMAX-DemoUK |
| Rollover | 21–24 UTC | 30 | 10 | 0 | BlackBullMarkets-Demo |
The session split is the part most comparisons skip — and the part that matters for EAs. A broker that wins the London session can lose badly during Asian hours or around rollover, when spreads widen unevenly.
Symbol by symbol
7-day average spread in pips/points| Symbol | Category | BlackBullMarkets-Demo | LMAX-DemoUK | Tighter feed |
|---|---|---|---|---|
| EURUSD | Majors | 1.29 | 0.41 | LMAX-DemoUK |
| GBPUSD | Majors | 1.50 | 0.78 | LMAX-DemoUK |
| USDJPY | Majors | 1.33 | 1.07 | LMAX-DemoUK |
| XAUUSD | Metals | 22.0 | 66.2 | BlackBullMarkets-Demo |
| USDCHF | Majors | 1.40 | 0.65 | LMAX-DemoUK |
| AUDUSD | Majors | 1.50 | 0.28 | LMAX-DemoUK |
| USDCAD | Majors | 1.49 | 0.67 | LMAX-DemoUK |
| NZDUSD | Majors | 1.52 | 0.53 | LMAX-DemoUK |
| EURJPY | Crosses | 1.99 | 1.95 | LMAX-DemoUK |
| GBPJPY | Crosses | 2.70 | 2.11 | LMAX-DemoUK |
| US30 | Indices | 27.7 | collecting… | — |
| NAS100 | Indices | 11.5 | collecting… | — |
| BTCUSD | Crypto | 1299 | collecting… | — |
| EURGBP | Crosses | 1.69 | 1.06 | LMAX-DemoUK |
| EURCHF | Crosses | 1.57 | 1.49 | LMAX-DemoUK |
| EURAUD | Crosses | 2.22 | 2.09 | LMAX-DemoUK |
| EURCAD | Crosses | 2.00 | 1.91 | LMAX-DemoUK |
| EURNZD | Crosses | 3.38 | 4.23 | BlackBullMarkets-Demo |
| GBPCHF | Crosses | 1.81 | 2.20 | BlackBullMarkets-Demo |
| GBPAUD | Crosses | 2.25 | 3.01 | BlackBullMarkets-Demo |
| GBPCAD | Crosses | 2.25 | 2.42 | BlackBullMarkets-Demo |
| GBPNZD | Crosses | 3.12 | 4.59 | BlackBullMarkets-Demo |
| AUDJPY | Crosses | 2.26 | 1.77 | LMAX-DemoUK |
| AUDNZD | Crosses | 1.91 | 2.04 | BlackBullMarkets-Demo |
| AUDCAD | Crosses | 1.91 | 1.73 | LMAX-DemoUK |
| AUDCHF | Crosses | 1.92 | 1.54 | LMAX-DemoUK |
| CADJPY | Crosses | 2.08 | 1.87 | LMAX-DemoUK |
| CADCHF | Crosses | 1.94 | 1.38 | LMAX-DemoUK |
| CHFJPY | Crosses | 2.80 | 2.73 | LMAX-DemoUK |
| NZDJPY | Crosses | 2.36 | 2.00 | LMAX-DemoUK |
| NZDCAD | Crosses | 1.63 | 2.06 | BlackBullMarkets-Demo |
| NZDCHF | Crosses | 1.59 | 1.44 | LMAX-DemoUK |
| USDSEK | Exotics | 21.0 | 37.9 | BlackBullMarkets-Demo |
| USDNOK | Exotics | 26.5 | 37.8 | BlackBullMarkets-Demo |
| USDPLN | Exotics | collecting… | 14.0 | — |
| USDZAR | Exotics | 76.5 | 37.9 | LMAX-DemoUK |
| USDTRY | Exotics | 202 | 112 | LMAX-DemoUK |
| USDMXN | Exotics | 52.0 | 29.4 | LMAX-DemoUK |
| USDSGD | Exotics | 3.08 | 2.50 | LMAX-DemoUK |
| EURPLN | Exotics | collecting… | 21.4 | — |
| XAGUSD | Metals | 3.41 | 223 | BlackBullMarkets-Demo |
| XPTUSD | Metals | collecting… | collecting… | — |
| XPDUSD | Metals | collecting… | collecting… | — |
| USOIL | Energy | collecting… | collecting… | — |
| UKOIL | Energy | collecting… | collecting… | — |
| XNGUSD | Energy | collecting… | 1.03 | — |
| SPX500 | Indices | 5.22 | 0.00 | LMAX-DemoUK |
| GER40 | Indices | 44.5 | collecting… | — |
| UK100 | Indices | 16.2 | 25.5 | BlackBullMarkets-Demo |
| FRA40 | Indices | 16.4 | collecting… | — |
| JPN225 | Indices | 60.1 | collecting… | — |
| AUS200 | Indices | 14.7 | 21.0 | BlackBullMarkets-Demo |
| EUSTX50 | Indices | collecting… | collecting… | — |
| HK50 | Indices | 111 | 102 | LMAX-DemoUK |
| ETHUSD | Crypto | 202 | collecting… | — |
| SOLUSD | Crypto | collecting… | collecting… | — |
| XRPUSD | Crypto | 25.0 | 18.6 | LMAX-DemoUK |
| LTCUSD | Crypto | 29.0 | collecting… | — |