Admirals vs BlackBull Markets 2025
In this head to head comparison of Admirals vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Admirals vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
When comparing Admirals and BlackBull Markets, regulatory differences stand out. Admirals, established in 2001, holds a strong position in trustworthiness with a ForexBrokers.com Trust Score of 93, indicating it is highly trusted. Admirals is not a bank nor publicly traded but boasts four Tier-1 licenses, reflecting high credibility. Additionally, Admirals has three Tier-2 licenses, further contributing to its trusted status.
BlackBull Markets, a relatively newer entrant founded in 2014, has a Trust Score of 78, placing it at an average risk level according to ForexBrokers.com. Like Admirals, BlackBull Markets is neither publicly traded nor a bank. The firm has one Tier-1 license, which helps in establishing trust but lacks Tier-2 licenses, which might affect its perceived trust level compared to Admirals.
Feature |
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Year Founded | 2001 | 2014 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 4 | 1 |
Tier-2 Licenses | 3 | 0 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 1 | 1 |
Admirals vs. BlackBull Markets for commissions and fees: both earn 4.5 out of 5 stars. Admirals ranks #18 of 63 at ForexBrokers.com, while BlackBull Markets ranks #19 of 63. Admirals advertises competitive pricing with typical spreads around 0.8 pips on its Trade account (with similar pricing on the Zero account). BlackBull’s pricing is about average overall, but can be very sharp on its Prime account, where the EUR/USD averaged a 0.16-pip spread in March 2024 for an all-in cost of about 0.76 pips after commission.
Admirals: 4.5/5 stars, ranked #18/63 for commissions and fees. The Trade account’s typical spread is about 0.8 pips, keeping costs straightforward for most pairs. The Zero account offers similar pricing, giving cost-conscious traders another way to aim for low spreads.
BlackBull Markets: 4.5/5 stars, ranked #19/63 for commissions and fees. Three account types adjust how you pay: the Standard account is commission-free with no minimum deposit but has higher spreads; the Prime account has a $2,000 minimum, lower spreads, and a $3-per-side commission ($6 round turn), delivering an estimated 0.76-pip all-in cost on EUR/USD based on March 2024 data; the ECN Institutional account targets larger deposits (from $20,000) with $2-per-side commissions. For many active traders, the Prime account strikes the best balance between spread and commission, while Standard suits those who prefer no commissions and no minimum.
Feature |
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Minimum Deposit | $100 | $0 |
Average spread (EUR/USD) - Standard account | 0.8 | 0.71 |
All-in Cost EUR/USD - Active | 0.8 | 0.71 |
Non-wire bank transfer | Yes | No |
PayPal (Deposit/Withdraw) | No | |
Skrill (Deposit/Withdraw) | Yes | |
Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and BlackBull Markets both let you trade forex as CFDs or in spot form. Admirals lists 8,702 tradeable symbols, while BlackBull Markets offers about 26,000, a strong advantage if you want broad variety across asset classes. In forex, Admirals provides 82 currency pairs compared with 72 at BlackBull. Each broker gives access to exchange-traded securities on U.S. markets (like Apple) and on international exchanges (such as London-listed Vodafone). Copy trading is available at both. For crypto, you can trade cryptocurrency CFDs with either broker, but neither supports buying actual, delivered coins.
For range of investments, BlackBull Markets earns 5 stars and ranks #6 out of 63 brokers at ForexBrokers.com, while Admirals scores 4.5 stars and ranks #20. Choose BlackBull if you want the largest overall selection of symbols; pick Admirals if a slightly broader list of forex pairs matters more to you, while still keeping access to stocks, copy trading, and crypto CFDs.
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 8702 | 26000 |
Forex Pairs (Total) | 82 | 72 |
U.S. Stocks (Shares) | Yes | Yes |
Global Stocks (Non-U.S. Shares) | Yes | Yes |
Copy Trading | Yes | Yes |
Cryptocurrency (Underlying) | No | No |
Cryptocurrency (CFDs) | Yes | Yes |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Admirals and BlackBull Markets both deliver the core platform features traders look for. Each broker offers a free demo (paper) account, a Windows desktop platform, and a web-based platform. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available at both, alongside copy trading and the ability to place trades directly from charts. One key difference is that Admirals also provides its own proprietary, in-house platform, while BlackBull Markets relies on third-party platforms.
According to ForexBrokers.com, both brokers earn 4 stars for Trading Platforms and Tools. Admirals ranks #19 out of 63 brokers in this category, while BlackBull Markets ranks #31, giving Admirals a slight edge. If you want MT4/MT5 with the option to try a broker’s own platform, Admirals may fit best; if you prefer sticking to the MetaTrader suite without learning another platform, BlackBull Markets is a strong alternative.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Desktop Trading Platform | Yes | No |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | Yes | Yes |
MetaTrader 5 (MT5) | Yes | Yes |
Charting - Indicators / Studies (Total) | 30 | 109 |
Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and BlackBull Markets both deliver capable mobile trading apps for iPhone and Android. Each app includes stock and forex price alerts, 30 built-in technical indicators, and helpful charting tools like trendline drawing with drawings that auto-save. Whether you’re checking charts or managing alerts on the go, both apps cover the core features most traders expect.
The main difference is watchlists: BlackBull Markets syncs watchlists between the mobile app and your online account, while Admirals does not. Both apps earn 4 out of 5 stars for Mobile Trading Apps, according to ForexBrokers.com. In the same category, Admirals ranks #23 out of 63 brokers, while BlackBull Markets ranks #33. Choose BlackBull Markets if cross-device watchlist syncing matters most, or pick Admirals if a higher industry ranking is a priority.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Price Alerts | Yes | Yes |
Mobile Watchlists - Syncing | No | Yes |
Mobile Charting - Indicators / Studies | 30 | 30 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Admirals and BlackBull Markets offer valuable market commentary on a daily basis, catering to traders who seek regular insights. Admirals takes the lead in providing forex news from top-tier sources like Bloomberg and Reuters, offering a broader spectrum of information compared to BlackBull Markets, which does not include such sources. While BlackBull Markets integrates Autochartist tools for technical and fundamental analysis, Admirals compensates with Trading Central tools, offering an alternative for analytical evaluations. Both platforms offer sentiment-based trading tools, helping traders understand market psychology by displaying the ratio of long or short positions across currency pairs.
Admirals further distinguishes itself with market research from TipRanks and tools from Acuity Trading, making it an appealing choice for traders who value diverse research tools. Both brokers provide comprehensive economic calendars, keeping users informed about global news events. In terms of research ratings, both Admirals and BlackBull Markets achieve a solid four-star rating; however, Admirals holds a slight advantage in the rankings by ForexBrokers.com, positioned at #15, three spots ahead of BlackBull Markets at #18.
Feature |
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Daily Market Commentary (Articles) | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | No |
Autochartist | No | Yes |
Trading Central | Yes | No |
Client sentiment data | Yes | Yes |
TipRanks | Yes | No |
Acuity Trading | Yes | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Admirals and BlackBull Markets both support beginner traders with ongoing client webinars (at least one per month) and sizable video libraries that include 10+ beginner lessons plus 10+ advanced lessons. This makes it easy to start with the basics and progress into strategy and platform know-how without leaving the broker’s ecosystem.
Both brokers earn 4 out of 5 stars for Education, but ForexBrokers.com ranks Admirals higher overall (#12 of 63) than BlackBull Markets (#29 of 63). If you want similar core features—regular webinars and plenty of beginner videos—with a higher third‑party ranking, Admirals has a slight edge. If rankings matter less to you, BlackBull offers comparable webinar and video support for getting started.
Feature |
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Webinars | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than BlackBull Markets. Admirals finished with an overall rank of #18, while BlackBull Markets finished with an overall rank of #24.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
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Overall Rating |
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Trust Score | 93 | 78 |
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In the Admirals vs BlackBull Markets comparison, neither broker offers the ability to buy actual delivered cryptocurrency, but both provide cryptocurrency CFDs for trading.
For deposits and withdrawals, Admirals supports ACH/SEPA transfers, while BlackBull Markets does not; BlackBull offers Skrill and bank wire funding but no PayPal, and Admirals’ availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5Overall Rating | Admirals | BlackBull Markets | |
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Trust Score | 93 | 78 | |
Winner | check_circle | ||
Review | Admirals Review | BlackBull Markets Review |
Broker Screenshots | Admirals | BlackBull Markets | |
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Broker Gallery (click to expand) |
Regulation | Admirals | BlackBull Markets | |
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Trust Score | 93 | 78 | |
Year Founded | 2001 | 2014 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
Tier-1 Licenses | 4 | 1 | |
Tier-2 Licenses | 3 | 0 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 1 | 1 |
Tier-1 Licenses (Highly Trusted) | Admirals | BlackBull Markets | |
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Australia (ASIC Authorised) | Yes | No | |
Canada (CIRO Authorised) | Yes | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC Authorised) | No | No | |
Singapore (MAS Authorised) | No | No | |
Switzerland (FINMA Authorised) | |||
United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | Yes | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
Tier-2 Licenses (Trusted) | Admirals | BlackBull Markets | |
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Kenya (CMA Authorised) | Yes | ||
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | Yes | No | |
UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | Yes |
Investments | Admirals | BlackBull Markets | |
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Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 8702 | 26000 | |
Forex Pairs (Total) | 82 | 72 | |
U.S. Stocks (Shares) | Yes | Yes | |
Global Stocks (Non-U.S. Shares) | Yes | Yes | |
Copy Trading | Yes | Yes | |
Cryptocurrency (Underlying) | No | No | |
Cryptocurrency (CFDs) | Yes | Yes | |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost | Admirals | BlackBull Markets | |
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Average spread (EUR/USD) - Standard account | 0.8 | 0.71 | |
All-in Cost EUR/USD - Active | 0.8 | 0.71 | |
Inactivity Fee | Yes | No | |
Order execution: Agency | Yes | No | |
Order execution: Market Maker | Yes | Yes |
Funding | Admirals | BlackBull Markets | |
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Minimum Deposit | $100 | $0 | |
PayPal (Deposit/Withdraw) | No | ||
Skrill (Deposit/Withdraw) | Yes | ||
Bank Wire (Deposit/Withdraw) | Yes | ||
Non-wire bank transfer | Yes | No |
Trading Platforms | Admirals | BlackBull Markets | |
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Proprietary Desktop Trading Platform | Yes | No | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | Yes | Yes | |
MetaTrader 5 (MT5) | Yes | Yes | |
cTrader | No | Yes |
Trading Tools | Admirals | BlackBull Markets | |
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Virtual Trading (Demo) | Yes | Yes | |
Price Alerts | Yes | Yes | |
Charting - Indicators / Studies (Total) | 30 | 109 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Admirals | BlackBull Markets | |
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Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Price Alerts | Yes | Yes | |
Mobile Watchlist [DELETED] | |||
Mobile Watchlists - Syncing | No | Yes | |
Mobile Charting - Indicators / Studies | 30 | 30 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Trendlines Autosave | Yes | Yes | |
Mobile Research - Economic Calendar | Yes | Yes |
Research | Admirals | BlackBull Markets | |
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Daily Market Commentary (Articles) | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | No | |
Autochartist | No | Yes | |
Trading Central | Yes | No | |
TipRanks | Yes | No | |
Client sentiment data | Yes | Yes | |
Economic Calendar | Yes | Yes |
Education | Admirals | BlackBull Markets | |
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Webinars | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | Yes |
Major Forex Pairs | Admirals | BlackBull Markets | |
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GBP/USD [DELETED] | |||
USD/JPY [DELETED] | |||
EUR/USD | Yes | Yes | |
USD/CHF [DELETED] | |||
USD/CAD [DELETED] | |||
NZD/USD [DELETED] | |||
AUD/USD [DELETED] | |||
Review | Admirals Review | BlackBull Markets Review |
Overall | Admirals | BlackBull Markets | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 93 | 78 | |
Winner | check_circle | ||
Review | Admirals Review | BlackBull Markets Review |