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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

When examining the commissions and fees of online brokers Admirals and BlackBull Markets, there are notable differences and similarities to consider. Admirals offers competitive pricing with typical spreads of 0.8 on their Trade account, closely mirrored by the Zero account type, earning them a 4.5-star rating for this category and placing them at #17 out of 63 brokers on ForexBrokers.com. This indicates that Admirals is well-regarded for their pricing strategy, providing traders with appealing cost frameworks for their trading activities.

Conversely, BlackBull Markets presents average trading costs relative to the industry, with variations across its three account types. The Prime account stands out with an average spread of 0.16 on the EUR/USD, translating to a total cost of 0.76 when you include the per-side commission of 0.3 pips or $6 per 10,000 traded. The Prime account requires a $2,000 minimum deposit and charges $3 per side or $6 per lot round turn. Meanwhile, the Standard account offers a commission-free trading option but with comparably higher spreads and no minimum deposit requirement, while their ECN Institutional account caters to active traders with a $20,000 deposit and lower commission rates. BlackBull Markets also earns a 4.5-star rating for their commissions and fees, ranked #18 on ForexBrokers.com, signaling their strong positioning in the market despite varied costs.

Both brokers occupy top positions in the industry with their 4.5-star ratings, making them attractive options for traders prioritizing competitive pricing. While Admirals leads slightly in rankings, BlackBull Markets offers diverse account types suitable for different trading strategies and capital requirements. Such nuanced differences allow traders to weigh their priorities when choosing a broker to match their financial strategies and trading needs.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Minimum Deposit info $100 $0
Average Spread EUR/USD - Standard info 0.8 info 0.71 info
All-in Cost EUR/USD - Active info 0.8 info 0.71 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the range of investments available at Admirals and BlackBull Markets, both platforms provide a variety of opportunities for traders seeking diverse portfolios. Admirals offers 8,702 tradeable symbols and allows forex trading both as CFDs and spot contracts, with access to 82 forex pairs. Meanwhile, BlackBull Markets presents an impressive 26,000 tradeable symbols, also allowing forex trading as CFDs and spot contracts, with slightly fewer forex pairs at 72. Both brokers provide access to exchange-traded securities on U.S. and international exchanges, enabling clients to invest directly in shares like Apple and Vodafone. Additionally, copy trading is supported by both for those looking to replicate successful trading strategies.

Despite both brokers offering cryptocurrency derivatives rather than actual cryptocurrencies, their investment offerings are comprehensive. Admirals holds a 4.5-star rating for the range of investments, ranking 19th out of 63 brokers according to ForexBrokers.com. On the other hand, BlackBull Markets excels with a 5-star rating, placing 6th. Both platforms cater to a broad spectrum of investors, but those prioritizing an extensive range of symbols might lean towards BlackBull Markets for a wider selection.

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. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

Both Admirals and BlackBull Markets provide a range of trading platforms and tools suitable for various trading needs. Admirals sets itself apart by offering a proprietary platform developed in-house, alongside the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. BlackBull Markets, while lacking a proprietary offering, also supports MT4 and MT5, making both brokers versatile choices for traders familiar with these industry-standard platforms. Remarkably, both brokers extend the convenience of free virtual demo accounts, Windows-based desktop platforms, and web-based trading interfaces. Admirals shines with an impressive array of 106 drawing tools for charting, compared to BlackBull Marketsโ€™ 60. Furthermore, Admirals provides seven watch list columns, outstripping BlackBull Markets slightly, which offers six.

When it comes to innovative features, both Admirals and BlackBull Markets support copy trading. BlackBull Markets takes a step further by offering ZuluTrade, whereas Admirals does not provide this feature. However, both brokers allow traders to execute trades directly from stock charts, enhancing the user experience. Although both are rated four stars for their trading platforms and tools, Admirals ranks higher in the Trading Platforms and Tools category according to ForexBrokers.com, positioned at #19 out of 63 brokers, compared to BlackBull Markets, which ranks at #29. Overall, both brokers deliver solid, user-friendly trading experiences with distinct strengths, allowing traders to choose based on their specific needs and preferences.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 30 109
Charting - Drawing Tools (Total) info 106 60
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 6
View More

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

Forex trading apps

When it comes to choosing a mobile trading app, both Admirals and BlackBull Markets have solid offerings for iPhone and Android users. Traders with either of these platforms will appreciate features like stock and forex price alerts, the ability to draw trendlines, and multiple time frame chart views. Admirals and BlackBull Markets both provide 30 technical studies for chart analysis, ensuring that you have the tools needed to make informed trading decisions. One difference worth noting is that BlackBull Markets offers watchlist symbol syncing, allowing your watchlists to stay updated across your mobile app and online account, while Admirals does not currently support this feature.

Both apps make it easy to create watchlists with real-time quotes, and they automatically save your chart drawings, adding to a seamless trading experience. Admirals edges out BlackBull Markets slightly in industry rankings by securing the 23rd spot compared to BlackBull's 31st place, according to ForexBrokers.com. However, customer ratings for both apps are equivalent, with each earning a respectable four out of five stars. Whether you choose Admirals or BlackBull Markets, you'll find a user-friendly app equipped to facilitate your trading needs right from the palm of your hand.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist 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 info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info Yes No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When considering educational resources for beginners, both Admirals and BlackBull Markets stand out as reliable options, each offering a substantial collection of educational materials dedicated to forex and CFDs. Admirals and BlackBull Markets both provide a variety of resources, including more than 10 educational articles, videos, and archived webinars. Additionally, both brokers offer online webinars on a monthly basis, along with searchable archives, making past sessions easily accessible. Both offer at least 10 trading videos catered to beginners, ensuring a well-rounded introduction to trading concepts. For those advancing in their trading journey, they provide advanced videos as well. Each broker maintains a comprehensive investor dictionary with over 50 terms to boost traders' market vocabulary.

In terms of education quality, Admirals and BlackBull Markets both earn a solid four-star rating. The primary difference is in their respective standings on ForexBrokers.com, where Admirals is ranked 12th out of 63, edging out BlackBull Markets, which holds the 29th position. This higher ranking could suggest a slight lead for Admirals in terms of educational offerings. However, both brokers deliver extensive educational content that can guide beginners effectively, allowing new traders to develop their skills and confidence in succeeding in the markets. Whether you choose Admirals or BlackBull Markets, each provides a robust foundation for educational growth in trading.

Feature Admirals logoAdmirals
BlackBull Markets logoBlackBull Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) 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 โ€“ such as the Supreme add-ons โ€“ 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?

Both Admirals and BlackBull Markets do not provide options for purchasing actual delivered cryptocurrencies, but they do offer the capability to trade cryptocurrency derivatives.

What funding options does each broker offer?

In a comparison between online brokers Admirals and BlackBull Markets, Admirals offers more fund deposit and withdrawal options including ACH, SEPA, and PayPal, alongside shared options such as Skrill, Visa, Mastercard, and bank wires, whereas BlackBull Markets does not support ACH, SEPA, or PayPal transactions.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education 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 No No
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 No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info Yes No
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. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 info 0.8 info 0.71 info
All-in Cost EUR/USD - Active info 0.8 info 0.71 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding Admirals BlackBull Markets
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Admirals BlackBull Markets
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No Yes
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools Admirals BlackBull Markets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 6
Charting - Indicators / Studies (Total) info 30 109
Charting - Drawing Tools (Total) info 106 60
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 Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Admirals BlackBull Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Admirals BlackBull Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Admirals BlackBull Markets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
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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