Head-to-head
BlackBullMarkets-Demo vs LMAXNZ-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, LMAXNZ-DemoUK currently quotes the tighter average spread on 27 (14 for BlackBullMarkets-Demo, 27 for LMAXNZ-DemoUK). Demo conditions may differ from live accounts.
Session scoreboard
symbols won per UTC session, 7-day averages| Session | Hours | BlackBullMarkets-Demo wins | LMAXNZ-DemoUK wins | Ties | Session winner |
|---|---|---|---|---|---|
| Asia | 00–07 UTC | 7 | 34 | 0 | LMAXNZ-DemoUK |
| London | 07–13 UTC | 10 | 31 | 0 | LMAXNZ-DemoUK |
| LDN/NY Overlap | 13–17 UTC | 7 | 33 | 0 | LMAXNZ-DemoUK |
| New York | 17–21 UTC | 11 | 28 | 0 | LMAXNZ-DemoUK |
| Rollover | 21–24 UTC | 33 | 7 | 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 | LMAXNZ-DemoUK | Tighter feed |
|---|---|---|---|---|
| EURUSD | Majors | 1.24 | 0.42 | LMAXNZ-DemoUK |
| GBPUSD | Majors | 1.54 | 0.93 | LMAXNZ-DemoUK |
| USDJPY | Majors | 1.29 | 0.91 | LMAXNZ-DemoUK |
| XAUUSD | Metals | 22.0 | 75.3 | BlackBullMarkets-Demo |
| USDCHF | Majors | 1.39 | 0.75 | LMAXNZ-DemoUK |
| AUDUSD | Majors | 1.51 | 0.33 | LMAXNZ-DemoUK |
| USDCAD | Majors | 1.60 | 0.62 | LMAXNZ-DemoUK |
| NZDUSD | Majors | 1.57 | 0.63 | LMAXNZ-DemoUK |
| EURJPY | Crosses | 2.01 | 2.13 | BlackBullMarkets-Demo |
| GBPJPY | Crosses | 2.75 | 1.96 | LMAXNZ-DemoUK |
| US30 | Indices | 33.9 | collecting… | — |
| NAS100 | Indices | 12.1 | collecting… | — |
| BTCUSD | Crypto | 1172 | collecting… | — |
| EURGBP | Crosses | 1.65 | 1.12 | LMAXNZ-DemoUK |
| EURCHF | Crosses | 1.58 | 1.59 | BlackBullMarkets-Demo |
| EURAUD | Crosses | 2.21 | 2.11 | LMAXNZ-DemoUK |
| EURCAD | Crosses | 1.97 | 1.74 | LMAXNZ-DemoUK |
| EURNZD | Crosses | 3.40 | 4.91 | BlackBullMarkets-Demo |
| GBPCHF | Crosses | 1.81 | 2.22 | BlackBullMarkets-Demo |
| GBPAUD | Crosses | 2.32 | 3.24 | BlackBullMarkets-Demo |
| GBPCAD | Crosses | 2.23 | 2.02 | LMAXNZ-DemoUK |
| GBPNZD | Crosses | 3.16 | 4.29 | BlackBullMarkets-Demo |
| AUDJPY | Crosses | 2.35 | 1.71 | LMAXNZ-DemoUK |
| AUDNZD | Crosses | 1.94 | 1.90 | LMAXNZ-DemoUK |
| AUDCAD | Crosses | 1.95 | 1.70 | LMAXNZ-DemoUK |
| AUDCHF | Crosses | 2.05 | 1.58 | LMAXNZ-DemoUK |
| CADJPY | Crosses | 2.04 | 1.66 | LMAXNZ-DemoUK |
| CADCHF | Crosses | 1.98 | 1.42 | LMAXNZ-DemoUK |
| CHFJPY | Crosses | 3.00 | 2.70 | LMAXNZ-DemoUK |
| NZDJPY | Crosses | 2.45 | 2.05 | LMAXNZ-DemoUK |
| NZDCAD | Crosses | 1.63 | 1.74 | BlackBullMarkets-Demo |
| NZDCHF | Crosses | 1.63 | 1.55 | LMAXNZ-DemoUK |
| USDSEK | Exotics | 18.1 | 34.8 | BlackBullMarkets-Demo |
| USDNOK | Exotics | 21.4 | 36.3 | BlackBullMarkets-Demo |
| USDPLN | Exotics | collecting… | 13.4 | — |
| USDZAR | Exotics | 64.1 | 38.4 | LMAXNZ-DemoUK |
| USDTRY | Exotics | 182 | 99.2 | LMAXNZ-DemoUK |
| USDMXN | Exotics | 50.4 | 29.0 | LMAXNZ-DemoUK |
| USDSGD | Exotics | 3.13 | 2.41 | LMAXNZ-DemoUK |
| EURPLN | Exotics | collecting… | 16.5 | — |
| XAGUSD | Metals | 3.42 | 305 | BlackBullMarkets-Demo |
| XPTUSD | Metals | collecting… | collecting… | — |
| XPDUSD | Metals | collecting… | collecting… | — |
| USOIL | Energy | collecting… | collecting… | — |
| UKOIL | Energy | collecting… | collecting… | — |
| XNGUSD | Energy | collecting… | 0.67 | — |
| SPX500 | Indices | 5.68 | 0.00 | LMAXNZ-DemoUK |
| GER40 | Indices | 40.6 | collecting… | — |
| UK100 | Indices | 16.9 | 24.8 | BlackBullMarkets-Demo |
| FRA40 | Indices | 19.5 | collecting… | — |
| JPN225 | Indices | 72.5 | collecting… | — |
| AUS200 | Indices | 20.4 | 21.2 | BlackBullMarkets-Demo |
| EUSTX50 | Indices | collecting… | collecting… | — |
| HK50 | Indices | 97.5 | 101 | BlackBullMarkets-Demo |
| ETHUSD | Crypto | 248 | collecting… | — |
| SOLUSD | Crypto | collecting… | collecting… | — |
| XRPUSD | Crypto | 25.0 | 6.56 | LMAXNZ-DemoUK |
| LTCUSD | Crypto | 26.2 | collecting… | — |