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Admirals vs BlackBull Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

Admirals
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 93
  • Tradeable Symbols (Total): 8702
BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000

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.

Regulation

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Year Founded info 2001 2014
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 3 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Minimum Deposit info $100 $0
Average spread (EUR/USD) - Standard account info 0.8 info 0.71 info
All-in Cost EUR/USD - Active info 0.8 info 0.71 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8702 26000
Forex Pairs (Total) info 82 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 109
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info Yes No
Acuity Trading info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 93 78
Range of Investments 4.5/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Admirals or BlackBull Markets?

In the Admirals vs BlackBull Markets comparison, neither broker offers the ability to buy actual delivered cryptocurrency, but both provide cryptocurrency CFDs for trading.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

0 of 5
Overall Rating Admirals BlackBull Markets
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 93 78
Winner check_circle
Review Admirals Review BlackBull Markets Review
Broker Screenshots Admirals BlackBull Markets
Broker Gallery (click to expand) info
Regulation Admirals BlackBull Markets
Trust Score info 93 78
Year Founded info 2001 2014
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 3 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Admirals BlackBull Markets
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Admirals BlackBull Markets
Kenya (CMA Authorised) info Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info Yes
Investments Admirals BlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8702 26000
Forex Pairs (Total) info 82 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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
Average spread (EUR/USD) - Standard account info 0.8 info 0.71 info
All-in Cost EUR/USD - Active info 0.8 info 0.71 info
Inactivity Fee info Yes No
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding Admirals BlackBull Markets
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info Yes No
Trading Platforms Admirals BlackBull Markets
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No Yes
Trading Tools Admirals BlackBull Markets
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 109
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Admirals BlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research Admirals BlackBull Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central info Yes No
TipRanks info Yes No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Admirals BlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs Admirals BlackBull Markets
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Admirals Review BlackBull Markets Review
Overall Admirals BlackBull Markets
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 93 78
Winner check_circle
Review Admirals Review BlackBull Markets Review
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