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) - Standard account | 0.93 | 1.16 |
| All-in Cost EUR/USD - Active | 0.61 | 0.76 |
| Non-wire bank transfer | 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 plenty of platform choices, including free demo accounts, web trading, desktop downloads for Windows, copy trading, MetaTrader 4, and MetaTrader 5. Each broker also lets users place trades directly from a chart, which can make it easier to act on price moves without switching screens. For traders who want flexibility, either broker covers the basics well across desktop, browser, and mobile-friendly setups.
The main difference is that AvaTrade offers its own in-house trading platform, while BlackBull Markets does not. That extra proprietary option may appeal to traders who want a more broker-specific experience. Reflecting this edge, AvaTrade is rated 4.5 out of 5 stars for Trading Platforms and Tools and ranks #13 out of 36 brokers at ForexBrokers.com, compared with BlackBull Markets at 4 stars and #25. In short, both are strong picks, but AvaTrade has the slight lead for platform and tools.
| 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 mobile trading easy with iPhone and Android apps, plus stock and forex price alerts and watchlist syncing between the app and online account. Each app also lets users draw trendlines on charts, which is helpful for basic chart analysis on the go.
Where AvaTrade stands out is in its charting tools, offering 73 technical studies in the mobile app compared with BlackBull Markets’ 30. AvaTrade is also rated higher for mobile trading apps, earning 4.5 out of 5 stars and ranking #13 out of 36 brokers at ForexBrokers.com, while BlackBull Markets holds a 4-star rating and ranks #28. One area where BlackBull Markets has an edge is that its app automatically saves chart drawings, while AvaTrade’s app does not.
| 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.
When it comes to market research, BlackBull Markets has a slight edge over AvaTrade. BlackBull Markets offers daily market commentary and tools from Autochartist, while AvaTrade does not provide either of those features. AvaTrade does, however, stand out for forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, and it also includes Trading Central research tools. Both brokers offer a sentiment tool that shows long and short positioning, as well as an economic calendar for tracking global events.
In overall research ratings, both brokers score well, but BlackBull Markets comes out ahead. AvaTrade is rated 4 out of 5 stars for research and ranks #29 out of 36 brokers on ForexBrokers.com, while BlackBull Markets earns 4.5 stars and ranks #17. For traders who want more built-in market commentary and Autochartist support, BlackBull Markets may be the better fit, while AvaTrade may appeal more to those who value premium forex news and Trading Central insights.
| 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.
AvaTrade and BlackBull Markets both give beginners a good range of learning tools for forex and CFD trading. Each broker offers at least 10 educational pieces focused on forex or CFDs, runs live educational webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. This means new traders can find clear starting points and still continue learning as they gain more experience.
That said, AvaTrade stands out more in overall education quality, with a 4-star Education rating and a strong #2 ranking out of 36 brokers from ForexBrokers.com. BlackBull Markets is also well rated, earning 4.5 stars, but it ranks #24 in the same category. In simple terms, both brokers support beginner learning well, but AvaTrade appears to offer the stronger all-around education experience.
| 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) - Standard account | 0.93 | 1.16 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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