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 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
|
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 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
|
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.
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 Markets’ 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
|
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 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
|
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.
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
|
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 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
|
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 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
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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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