Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Eightcap, 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 BlackBull Markets and Eightcap, both brokers offer unique advantages for online traders. BlackBull Markets, established in 2014, is not publicly traded and is not a bank. It holds one highly trusted Tier-1 license and has a Trust Score of 78 out of 99, reflecting an average risk according to ForexBrokers.com. On the other hand, Eightcap, founded in 2009, also remains privately owned and is not a bank. It boasts an impressive three Tier-1 licenses, earning it a Trust Score of 85, categorizing it as a trusted broker.
In terms of regulation, Eightcap stands out with its three Tier-1 licenses, indicating a high degree of trust as per industry standards. While BlackBull Markets secures one Tier-1 license, its trust score suggests a moderate risk in the trading landscape. Both brokers provide a secure trading environment, but Eightcap's regulatory standing offers additional reassurance to traders seeking robust regulatory compliance.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, BlackBull Markets earns 4.5 out of 5 stars and ranks #19 out of 63 for this category, while Eightcap earns 4 out of 5 stars and ranks #27. Both brokers offer multiple account types that change your pricing, so your total cost depends on whether you choose a spread-only plan or a lower-spread account with a commission.
At BlackBull Markets, trading costs are about average overall. The Standard account is commission-free with higher spreads and no minimum deposit. The Prime account—often the better value—requires a $2,000 minimum deposit and charges $3 per side ($6 round turn) per lot; in March 2024, the EUR/USD averaged a 0.16 pip spread, translating to an all-in cost of about 0.76 pips after adding the per-side commission of 0.3 pips (or $6 per 10,000 traded). For higher-volume traders, the ECN Institutional account requires a $20,000 deposit and lowers commissions to $2 per side ($4 round turn).
Eightcap offers a spread-only Standard account and a commission-based Raw account across its global entities. The Raw account lists an average EUR/USD spread of 0.06 pips; once you add the $3.50 per side commission, the all-in cost is roughly 0.76 pips—just under the industry average of 0.8 pips, though Eightcap is still slightly pricier than the lowest-cost forex brokers. Bottom line: both brokers can deliver similar all-in pricing around 0.76 pips on EUR/USD when using their commission-based accounts, with BlackBull Markets holding a higher rating (4.5/5) and better ranking (#19) than Eightcap (4/5, #27) for commissions and fees.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.71 | 1.0 |
| All-in Cost EUR/USD - Active | 0.71 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, BlackBull Markets stands out with 26,000 tradeable symbols versus Eightcap’s 800. If you’re focused on forex, BlackBull offers 72 currency pairs compared to Eightcap’s 56. A key difference is access to real shares: BlackBull Markets lets clients buy exchange-traded U.S. and international stocks, while Eightcap does not offer actual shares (it does not provide exchange-traded securities that aren’t CFDs).
Both brokers support forex trading, copy trading, and cryptocurrency derivatives, and neither allows you to buy delivered crypto. For Range of Investments, ForexBrokers.com rates BlackBull Markets at 5/5 stars (ranked #6 of 63) and Eightcap at 3.5/5 stars (ranked #41 of 63).
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 800 |
| Forex Pairs (Total) | 72 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
BlackBull Markets vs Eightcap: both brokers offer free demo (paper) accounts so you can practice before funding. Neither uses a proprietary platform; instead, both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on the web and on Windows desktop. Copy trading is available at both, but only BlackBull integrates with ZuluTrade, and neither supports DupliTrade. You can also place trades directly from charts with either broker.
For tools, BlackBull lists about 60 drawing tools compared with Eightcap’s 15, while the number of built-in indicators isn’t specified for either. Watchlists are similar, with six columns at BlackBull and seven at Eightcap. In ForexBrokers.com’s Trading Platforms and Tools ratings, both earn 4 out of 5 stars; in the category rankings, BlackBull Markets is 31st out of 63 brokers, while Eightcap is 39th.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Eightcap both deliver well-equipped mobile trading apps for iPhone and Android. Each one supports stock and forex price alerts, synced watchlists that carry over between the app and your online account, and real-time quotes. Charting is equally capable on both: you get 30 technical studies, the ability to draw trendlines, switch between multiple time frames (like intraday, daily, and weekly), and auto-saved drawings that reappear when you return to a chart. In short, whether you’re building a watchlist or analyzing price action on the go, BlackBull Markets and Eightcap offer near-identical tools.
When you compare BlackBull Markets vs Eightcap on mobile trading apps, both earn 4 out of 5 stars. The main separator is placement in ForexBrokers.com’s Mobile Trading Apps rankings: BlackBull sits at #33 out of 63 brokers, while Eightcap is #39. With feature sets that match closely, your choice may hinge on small preferences in app feel or on that slight ranking edge for BlackBull Markets.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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.
Comparing BlackBull Markets vs Eightcap for market research, both brokers deliver daily market commentary, an economic calendar, and a sentiment tool that shows long and short positioning. Neither offers top-tier news feeds from Bloomberg, Reuters, or Dow Jones, and both lack Trading Central, TipRanks, and Acuity Trading integrations. The key difference is tools: BlackBull Markets includes Autochartist for pattern spotting and trade idea generation, while Eightcap does not—giving BlackBull an edge for technical screening and actionable insights.
These gaps show up in the scores: BlackBull Markets earns 4 stars for Research and ranks #18 out of 63 brokers at ForexBrokers.com, while Eightcap earns 3.5 stars and ranks #40. If you want extras like Autochartist to support your market analysis, BlackBull is the stronger pick; if your needs are limited to daily market commentary, sentiment data, and an economic calendar, both brokers cover the basics well.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BlackBull Markets and Eightcap both provide traders with comprehensive educational resources, making it easier for beginners to get started in the world of forex and CFDs. Each broker offers a minimum of 10 educational materials such as articles, videos, and archived webinars. BlackBull Markets, however, goes a step further by hosting monthly online educational webinars, which Eightcap does not provide. Both brokers have an easily searchable archive of past webinars, making it simple for users to access previous sessions.
When it comes to video content, BlackBull Markets and Eightcap each offer more than 10 beginner-friendly videos, but BlackBull Markets also includes over 10 advanced videos for experienced traders, a feature that Eightcap lacks. Both brokers provide an investor dictionary with over 50 investing terms to help new traders learn the lingo. In terms of educational value, BlackBull Markets is rated 4 stars and ranks #29 out of 63 brokers by ForexBrokers.com, while Eightcap scores 3.5 stars and sits at #40. This indicates that while both companies offer solid educational resources, BlackBull Markets provides a slightly more in-depth experience for learners.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 BlackBull Markets is better than Eightcap. BlackBull Markets finished with an overall rank of #24, while Eightcap finished with an overall rank of #38.
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
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Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 85 |
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Both BlackBull Markets and Eightcap provide options for trading cryptocurrency derivatives, but neither offers the ability to buy actual, delivered cryptocurrencies.
While both BlackBull Markets and Eightcap support Skrill, Visa/Mastercard, and bank wires for depositing and withdrawing funds, only Eightcap offers PayPal, whereas neither provides ACH or SEPA transfer options.
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 | BlackBull Markets | Eightcap | |
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| Trust Score | 78 | 85 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
| Broker Screenshots | BlackBull Markets | Eightcap | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Trust Score | 78 | 85 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 800 | |
| Forex Pairs (Total) | 72 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | 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 | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Eightcap | |
|---|---|---|---|
| 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 | BlackBull Markets Review | Eightcap Review |
| Overall | BlackBull Markets | Eightcap | |
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| Trust Score | 78 | 85 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
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