Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade, founded in 2006, comes out ahead of BlackBull Markets on trust and regulation. ForexBrokers.com gives AvaTrade a Trust Score of 96 out of 99, which falls in the highly trusted range, while BlackBull Markets, founded in 2014, has a score of 77, putting it in the average risk range. Neither broker is publicly traded or operates as a bank.
In terms of oversight, AvaTrade holds 4 Tier-1 licenses and 4 Tier-2 licenses, which is a stronger regulatory profile than BlackBull Markets, which has 1 Tier-1 license and no Tier-2 licenses. For traders comparing online brokers, AvaTrade offers a longer track record and more regulatory coverage, while BlackBull Markets has a shorter history and fewer licenses.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 2006 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 4 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade and BlackBull Markets both earn strong marks for commissions and fees, with each broker rated 4.5 out of 5 stars. In ForexBrokers.com’s Commissions and Fees category, AvaTrade ranks #14 out of 36 brokers, while BlackBull Markets places higher at #9 out of 36. For most traders, this means both brokers are competitive, but BlackBull Markets has a slight edge in the rankings.
AvaTrade’s trading costs are generally close to the industry average, with spreads of about 0.9 pips as of June 2024. That is a bit higher than the lowest-cost entry accounts at some rivals, but its Professional account can offer tighter spreads around 0.6 pips for eligible traders, which is competitive with brokers like FP Markets.
BlackBull Markets offers pricing that varies by account type, but its Prime account stands out for active traders. Based on March 2024 data, the EUR/USD spread averaged 0.16 pips, and the all-in cost came to about 0.76 pips after commission. The Standard account is commission-free but has wider spreads, while the Prime and ECN Institutional accounts lower spreads in exchange for deposit requirements and per-trade commissions.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 0.93 | 1.16 |
| All-in Cost EUR/USD - Raw spread account | 0.61 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade and BlackBull Markets both give traders access to forex, copy trading, and cryptocurrency CFDs, but BlackBull Markets offers a much wider choice overall. AvaTrade lists 1,260 tradeable symbols and 53 forex pairs, while BlackBull Markets provides 26,000 tradeable symbols and 72 forex pairs. Neither broker lets clients buy actual cryptocurrency, but both support crypto CFDs, which may suit traders who want to speculate on price moves without owning the coin itself.
The biggest difference is in share investing. BlackBull Markets allows access to exchange-traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone. AvaTrade does not offer these exchange-traded securities. For range of investments, BlackBull Markets is rated 5 stars and ranks #7 out of 36 brokers, compared with AvaTrade’s 4-star rating and #27 ranking, making BlackBull Markets the stronger pick for investors looking for more market choice.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 26000 |
| Forex Pairs (Total) | 53 | 72 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
AvaTrade and BlackBull Markets both give traders a wide range of platform choices, including free demo accounts for practice, web-based trading, desktop downloads for Windows, MT4, MT5, and copy trading. Both also let users trade directly from charts, which can make it easier to act on price moves quickly. For traders who want flexibility across devices and familiar tools, either broker covers the main bases well.
The key difference is that AvaTrade also offers its own in-house trading platform, while BlackBull Markets does not. That extra built-in option helps AvaTrade stand out for traders who want something beyond third-party platforms. This is reflected in independent ratings too: AvaTrade scores 4.5 out of 5 for Trading Platforms and Tools and ranks #13 out of 36 brokers, while BlackBull Markets scores 4 out of 5 and ranks #26 out of 36.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 80 | 109 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and BlackBull Markets both make it easy to trade on the go with iPhone and Android apps, plus helpful features like price alerts, watchlist syncing, and trendline drawing on charts. For mobile charting, AvaTrade stands out with 73 technical studies, compared with 30 at BlackBull Markets, giving active traders more tools to analyze price action in the app.
There are a few differences to keep in mind when comparing the two mobile trading apps. BlackBull Markets can auto-save chart drawings, while AvaTrade cannot. Still, AvaTrade comes out ahead overall in mobile trading app ratings, with 4.5 out of 5 stars and a #13 ranking from ForexBrokers.com, versus BlackBull Markets at 4 stars and #29 out of 36 brokers.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade and BlackBull Markets both give traders access to useful market research tools, including a sentiment indicator and an economic calendar that tracks upcoming global events. AvaTrade stands out for offering forex news from major sources such as Bloomberg, Reuters, and Dow Jones, plus Trading Central tools for technical and fundamental analysis. BlackBull Markets, on the other hand, provides daily market commentary and Autochartist, which can help traders spot chart patterns and potential trade setups.
In overall research quality, BlackBull Markets has the edge. It is rated 4.5 out of 5 stars for Research and ranks #17 out of 36 brokers at ForexBrokers.com, while AvaTrade is rated 4 stars and ranks #30. For traders who want more frequent commentary and built-in pattern-finding tools, BlackBull Markets may be the better fit. For those who prefer top-tier news coverage and Trading Central insights, AvaTrade is a strong choice.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn forex or CFDs, both AvaTrade and BlackBull Markets provide a solid mix of educational content. Each broker offers at least 10 pieces of forex or CFDs-focused education, monthly client webinars, and more than 10 beginner videos, along with 10 or more advanced videos for traders who want to go further. That means either platform can give new traders a practical place to start learning the basics and build up their knowledge over time.
That said, AvaTrade stands out more in overall education quality and recognition. It holds a 4-star education rating and ranks #2 out of 36 brokers for Education at ForexBrokers.com, while BlackBull Markets is rated 4.5 stars but ranks #25 out of 36. In simple terms, BlackBull Markets scores slightly higher on paper, but AvaTrade appears to be the stronger choice for beginners who want a broker with a top-tier education track record.
| Feature |
AvaTrade
|
BlackBull Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than BlackBull Markets. AvaTrade finished with an overall rank of #15, while BlackBull Markets finished with an overall rank of #22.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, along with strong educational resources and copy trading support.
| Feature |
AvaTrade
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 77 |
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AvaTrade vs BlackBull Markets: neither online broker supports buying actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.
For deposits and withdrawals, AvaTrade supports PayPal, Skrill, and bank wire transfers but not ACH or SEPA, whereas BlackBull Markets supports ACH/SEPA, Skrill, and bank wires but not PayPal; Visa/Mastercard availability is not specified for either broker.
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 | AvaTrade | BlackBull Markets | |
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| Trust Score | 96 | 77 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | BlackBull Markets Review |
| Broker Screenshots | AvaTrade | BlackBull Markets | |
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| Regulation | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 96 | 77 | |
| Year Founded | 2006 | 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 | 4 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 26000 | |
| Forex Pairs (Total) | 53 | 72 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 0.93 | 1.16 | |
| All-in Cost EUR/USD - Raw spread account | 0.61 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 109 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | AvaTrade | BlackBull Markets | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | AvaTrade Review | BlackBull Markets Review |
| Overall | AvaTrade | BlackBull Markets | |
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| Trust Score | 96 | 77 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | BlackBull Markets Review |
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