menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money
Home ‣ Compare ‣ BlackBull Markets vs ATFX 2025

BlackBull Markets vs ATFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of BlackBull Markets vs ATFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000
ATFX
4/5 Stars Overall
  • Minimum Deposit: $500
  • Trust Score: 85
  • Tradeable Symbols (Total): 150

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

BlackBull Markets and ATFX are well-regarded online brokers, each offering their own strengths when it comes to reliability. Founded in 2014, BlackBull Markets holds a single Tier-1 license, placing it within the average risk category with a ForexBrokers.com Trust Score of 78. In contrast, ATFX, established in 2017, enjoys a higher degree of trust, boasting four Tier-1 licenses and two Tier-2 licenses. ATFX's Trust Score of 85 signifies a strong standing, highlighting their credibility in the trading world.

Neither BlackBull Markets nor ATFX is publicly traded or operates as a bank, showcasing their dedicated focus on brokerage services. Despite these similarities, ATFX sets itself apart with a heavier regulatory presence, which can be a deciding factor for traders looking for a trusted platform. This distinction is reflected in their respective trust scores, with ATFX positioned higher in trusted rankings, offering traders a sense of security and confidence in their platform choice.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Year Founded info 2014 2017
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, BlackBull Markets stands out with a 4.5-star rating and a #19 ranking out of 63 brokers for this category on ForexBrokers.com, while ATFX holds 3 stars and ranks #61. BlackBull’s trading costs are about average overall, but its pricing is transparent across multiple account types. ATFX does not publish average spread data, which makes direct, apples-to-apples cost comparisons harder.

BlackBull Markets offers three accounts. The Standard account is commission-free with no minimum deposit, but has higher spreads. The Prime account targets lower spreads, requires a $2,000 minimum deposit, and charges a $3 per side ($6 round turn) commission per lot; in March 2024, the average EUR/USD spread on Prime was 0.16 pips with an all-in cost of 0.76 pips after commission. The ECN Institutional account caters to active traders depositing at least $20,000, with commissions of $2 per side ($4 round turn) per lot.

ATFX provides limited visibility on typical trading costs because average spread data is not available. With a 3-star commissions-and-fees rating and a #61/63 ranking from ForexBrokers.com, it trails BlackBull Markets (4.5 stars, #19/63) in this category. Traders who prioritize clear pricing and the option to trade lower spreads for a set commission may find BlackBull’s Prime or Institutional tiers more appealing, while cost-focused beginners may consider BlackBull’s commission-free Standard account.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Minimum Deposit info $0 $500
Average Spread EUR/USD - Standard info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No 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 at BlackBull Markets vs ATFX, BlackBull stands out for breadth. BlackBull Markets lists about 26,000 tradeable symbols and 72 forex pairs, while ATFX offers roughly 150 symbols and 44 forex pairs. BlackBull also lets clients buy exchange-traded shares on both U.S. and international stock exchanges (not CFDs), a capability ATFX does not provide.

Both brokers offer forex trading as CFDs or spot contracts, support copy trading, and provide access to cryptocurrency derivatives; neither offers direct, delivered crypto. Reflecting the product depth, BlackBull Markets is rated 5 stars for Range of Investments and ranks #6 of 63 brokers by ForexBrokers.com, whereas ATFX holds 3.5 stars and ranks #58.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 150
Forex Pairs (Total) info 72 44
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
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

Comparing trading platforms and tools, both BlackBull Markets and ATFX offer free demo (paper) accounts, plus Windows desktop downloads and web-based platforms. Neither broker has a proprietary platform; instead, both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Copy trading is available at both brokers, but only BlackBull Markets connects with ZuluTrade, and neither supports DupliTrade.

For charting and interface features, both let you trade directly from charts. BlackBull Markets offers 60 drawing tools, while ATFX offers 15; indicator counts were not specified. Watch lists support up to 6 columns at BlackBull Markets versus 7 at ATFX. According to ForexBrokers.com, BlackBull Markets is rated 4 stars and ranks 31st out of 63 for Trading Platforms and Tools, while ATFX is rated 3.5 stars and ranks 63rd.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No 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 Yes No
Charting - Indicators / Studies (Total) info 109 30
Charting - Drawing Tools (Total) info 60 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 7

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

Forex trading apps

Both BlackBull Markets and ATFX offer mobile trading apps for iPhone and Android, with essentials like real-time quote watchlists, price alerts, and charting tools that include drawing trendlines, switching among multiple time frames, and auto-saving your annotations. Where they differ is depth and syncing: BlackBull Markets supports watchlist syncing between the mobile app and your online account, while ATFX does not. BlackBull also offers more technical studies for charts (30 vs. ATFX’s 7), which can help if you rely on indicators for trade decisions.

In independent reviews, BlackBull Markets earns 4 stars for Mobile Trading Apps and ranks 33rd at ForexBrokers.com, while ATFX receives 3.5 stars and ranks 64th. If you want more chart indicators and synced watchlists, BlackBull Markets has the edge; if you just need the basics—alerts, drawing tools, and flexible time frames—ATFX still covers the core needs.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 7
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 BlackBull Markets and ATFX publish daily market commentary and provide an economic calendar. Neither streams premium forex news from top-tier wires like Bloomberg, Reuters, or Dow Jones. Each broker includes Autochartist for technical analysis ideas. ATFX also integrates Trading Central, which BlackBull Markets does not. BlackBull Markets offers a sentiment tool that shows the ratio of long vs. short positions across instruments, while ATFX does not. BlackBull Markets does not include TipRanks or Acuity Trading; ATFX’s access to TipRanks and Acuity Trading was not specified.

For overall market research, BlackBull Markets is rated 4 out of 5 stars and ranks 18th out of 63 brokers at ForexBrokers.com, while ATFX earns 3 stars and ranks 55th. If you want sentiment data alongside Autochartist, BlackBull Markets is a strong pick. If you prefer Autochartist paired with Trading Central’s research, ATFX may be the better fit. Keep in mind that neither broker provides news from premium wire services.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginner traders, BlackBull Markets and ATFX both offer a valuable range of materials to help newcomers in the forex and CFD space. BlackBull Markets provides at least 10 educational videos specifically designed for beginners, as well as an investor dictionary with over 50 investing terms defined, making it easy for newcomers to get familiar with trading jargon. ATFX also offers a similar suite of beginner-friendly content, including over 10 educational videos and a comprehensive investor dictionary. Both brokers feature numerous articles, videos, and archived webinars focused primarily on forex and CFD education, ensuring that foundational learning is covered. However, BlackBull Markets offers the added benefit of monthly online educational webinars, which are not available with ATFX.

In addition to its beginner resources, BlackBull Markets steps up its advanced education game by offering over 10 advanced educational videos tailored for more experienced traders. While ATFX provides excellent resources for new traders, it doesn’t have the same offering for advanced topics. Both brokers maintain searchable archives of previously recorded webinars, making past insights accessible to users. Despite being ranked 29th out of 63 brokers for education by ForexBrokers.com, BlackBull Markets receives a 4-star rating thanks to its extensive and varied content, including live webinars. ATFX, ranked slightly higher at 28th, receives a 3-star rating, indicating a strong, but slightly less comprehensive educational experience.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
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 BlackBull Markets is better than ATFX. BlackBull Markets finished with an overall rank of #24, while ATFX finished with an overall rank of #51.

BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.

Feature BlackBull Markets logoBlackBull Markets
ATFX logoATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 78 85
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with BlackBull Markets or ATFX?

Both BlackBull Markets and ATFX do not provide the option to buy actual (delivered) cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

Both BlackBull Markets and ATFX support Skrill, Visa, Mastercard, and bank wire transactions for deposits and withdrawals, but neither offers ACH, SEPA, or PayPal options.

More Comparisons

BlackBull Markets vs ThinkMarkets BlackBull Markets vs Alpari BlackBull Markets vs iFOREX BlackBull Markets vs MultiBank BlackBull Markets vs ActivTrades BlackBull Markets vs Plus500 ATFX vs FXPrimus ATFX vs IUX ATFX vs eToro ATFX vs IFC Markets ATFX vs Admirals ATFX vs LegacyFX

Show all



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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× BlackBull Markets
× ATFX
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating BlackBull Markets ATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 78 85
Winner check_circle
Review BlackBull Markets Review
Broker Screenshots BlackBull Markets ATFX
Broker Gallery (click to expand) info
BlackBull Markets MT5 mobile trading app BlackBull Markets MetaTrader 5 MT5 desktop platform. BlackBull Markets economic calendar. BlackBull Markets Trading Podcasts playlist.
Regulation BlackBull Markets ATFX
Trust Score info 78 85
Year Founded info 2014 2017
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) BlackBull Markets ATFX
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) BlackBull Markets ATFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments BlackBull Markets ATFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 150
Forex Pairs (Total) info 72 44
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
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 BlackBull Markets ATFX
Average Spread EUR/USD - Standard info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding BlackBull Markets ATFX
Minimum Deposit info $0 $500
PayPal (Deposit/Withdraw) info No 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 No No
Trading Platforms BlackBull Markets ATFX
Proprietary Platform info No 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 Yes No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools BlackBull Markets ATFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 109 30
Charting - Drawing Tools (Total) info 60 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading BlackBull Markets ATFX
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 Yes No
Mobile Charting - Indicators / Studies info 30 7
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 BlackBull Markets ATFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education BlackBull Markets ATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs BlackBull Markets ATFX
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 BlackBull Markets Review
Overall BlackBull Markets ATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 78 85
Winner check_circle
Review BlackBull Markets Review
arrow_upward

close
navigate_before navigate_next