Written by ForexBrokers.com
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 |
Admirals
|
BlackBull Markets
|
|---|---|---|
| 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 |
When comparing online brokers Admirals and BlackBull Markets for their commissions and fees, both companies offer competitive pricing but with distinctions based on account types. Admirals is ranked #17 out of 62 brokers by ForexBrokers.com and is celebrated for its competitive pricing with typical spreads of 0.8 on both the Trade and Zero account types, earning it a 4.5-star rating in this category.
In contrast, BlackBull Markets holds the #18 spot and also boasts a 4.5-star rating for its commissions and fees. The trading costs at BlackBull Markets are considered about average for the industry, with specifics varying across its three account types. The Prime account is particularly attractive with an average EUR/USD spread of 0.16 pips, leading to an all-in cost of 0.76 pips after adding the per-side commission of 0.3 pips or $6 per 10,000 units traded. This makes the Prime account a preferred choice compared to the Standard account, which is commission-free but features higher spreads.
For those considering account options at BlackBull, the Standard account requires no minimum deposit but has relatively higher spreads due to its commission-free nature. The Prime account, while offering lower spreads, necessitates a $2,000 minimum deposit and a commission of $3 per side, amounting to $6 round turn per lot. For active traders, the ECN Institutional account is ideal, requiring a $20,000 deposit and offering a tempting commission rate of $2 per side, or $4 round turn, per lot.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | 0.71 |
| All-in Cost EUR/USD - Active | 0.8 | 0.71 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Admirals and BlackBull Markets, both platforms provide a variety of investment options, though BlackBull Markets offers a wider selection. Admirals presents traders with 8,702 tradeable symbols, including a strong lineup of 82 forex pairs, exchange-traded securities on U.S. and international exchanges, and cryptocurrency derivatives. For those looking for copy trading, Admirals also has this feature available. However, Admirals does not support purchasing actual cryptocurrencies.
BlackBull Markets stands out by offering a more extensive range of tradeable symbols, totaling 26,000, accompanied by 72 forex pairs. Like Admirals, it also facilitates trading in exchange-traded securities on U.S. and international exchanges, provides the option to trade in cryptocurrency derivatives, and supports copy trading. Despite lacking options to purchase actual cryptocurrencies directly, its extensive offerings have earned BlackBull Markets a 5-star rating for their range of investments, ranking it 6th out of 62 brokers, while Admirals holds a 4.5-star rating, placing it at 19th.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 26000 |
| Forex Pairs (Total) | 82 | 72 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When it comes to trading platforms and tools, both Admirals and BlackBull Markets provide a comprehensive range of offerings suitable for various traders. Admirals stands out with its proprietary platform, providing an in-house developed solution alongside popular options like MetaTrader 4 and 5. BlackBull Markets, while not featuring a proprietary platform, offers equally robust access to MetaTrader 4 and 5. Both brokers cater to traders who prefer a desktop-based approach with Windows support and convenience of a web-based platform for trading through browsers. Additionally, each broker supports copy trading capabilities, although Admirals does not yet feature ZuluTrade, which is available at BlackBull Markets.
For charting tools, Admirals leads with an impressive 106 drawing tools compared to BlackBull Markets' 60, offering traders more ways to analyze market trends. Both platforms allow traders to execute trades directly from charts, ensuring ease of use and efficiency. Admirals also offers a slight edge with their watch list functionality, providing one extra column for fields compared to BlackBull Markets. Both brokers have received a solid four-star rating for their trading platforms and tools, with Admirals ranked 19th and BlackBull Markets 29th among 62 brokers by ForexBrokers.com, reflecting their expertise and features in this category.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 109 |
| Charting - Drawing Tools (Total) | 106 | 60 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Admirals and BlackBull Markets, both cater to iPhone and Android users. These apps provide key features such as stock and forex price alerts, access to 30 technical studies for charting, and the capability to draw trendlines and view various time frames on charts. Admirals and BlackBull Markets also allow traders to create watchlists with real-time quotes and ensure that chart drawings are automatically saved for ease of use.
Admirals and BlackBull Markets are both highly rated with four out of five stars for their mobile trading apps. A notable distinction, however, is the watchlist symbol syncing feature; BlackBull Markets offers this functionality, syncing changes between the mobile app and the user's online account, while Admirals does not. Despite both earning solid ratings, Admirals ranks higher at #23 in the Mobile Trading Apps category on ForexBrokers.com, compared to BlackBull Markets' ranking at #31.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Admirals and BlackBull Markets both offer daily market commentary, providing traders with insightful updates to make informed decisions. However, Admirals has a clear edge by delivering forex news from high-profile sources like Bloomberg, Reuters, and Dow Jones, which BlackBull Markets does not provide. Admirals also stands out with its inclusion of market research from TipRanks and tools from Acuity Trading, enhancing its range of resources. In contrast, BlackBull Markets complements its offerings with tools from Autochartist, giving traders an additional layer of technical analysis.
Both brokers equip traders with an economic calendar and sentiment-based trading tools to track and analyze market movements effectively. Admirals utilizes Trading Central's technical analytics, whereas BlackBull Markets does not. Despite their differences, both brokers receive a commendable four-star rating for research, with Admirals slightly edging out in the ForexBrokers.com ranking as #15 compared to BlackBull Markets' #18. This comparison highlights Admirals' superior access to top-tier information, whereas BlackBull Markets offers a unique technical analysis tool, appealing to different trader preferences.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Admirals and BlackBull Markets stand out as strong contenders. Admirals offers a rich array of educational materials, including over ten pieces focused on forex and CFDs. They engage clients with regular online webinars each month and make these sessions accessible through a searchable archive. For beginners specifically, Admirals provides video content that covers foundational trading topics. They also cater to more experienced traders with advanced educational videos. With an investor dictionary defining over fifty investing terms, Admirals ensures that essential knowledge is at your fingertips. Earning a four-star rating for education, Admirals is recognized within the top tier, ranking 12th out of 62 brokers by ForexBrokers.com.
Similarly, BlackBull Markets offers a wealth of educational content suitable for beginners. They provide a diverse selection of learning materials including articles, videos, and archived webinars that delve into forex and CFDs. Much like Admirals, BlackBull Markets runs monthly educational webinars and keeps an accessible archive for on-demand learning. Their educational videos are designed to guide beginners through essential trading concepts while also delivering advanced content for seasoned traders. Additionally, a comprehensive investor dictionary enhances the learning experience by clearly explaining over fifty investing terms. With a four-star rating in education, BlackBull Markets has a solid reputation; however, it is ranked slightly lower than Admirals at 29th in the educational category by ForexBrokers.com.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 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
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 78 |
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Both Admirals and BlackBull Markets do not provide options for purchasing actual delivered cryptocurrencies, but they do offer the capability to trade cryptocurrency derivatives.
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.
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 5| Overall Rating | Admirals | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
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| Review | Admirals Review | BlackBull Markets Review |
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| Regulation | Admirals | BlackBull Markets | |
|---|---|---|---|
| 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 | |
|---|---|---|---|
| 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) | No | No | |
| 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 | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 26000 | |
| Forex Pairs (Total) | 82 | 72 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 0.8 | 0.71 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.71 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | BlackBull Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Admirals | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 6 | |
| Charting - Indicators / Studies (Total) | 30 | 109 | |
| Charting - Drawing Tools (Total) | 106 | 60 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | BlackBull Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | BlackBull Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | BlackBull Markets Review |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | Admirals Review | BlackBull Markets Review |
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