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.
BlackBull Markets (founded 2014) and Eightcap (founded 2009) are online brokers that are not publicly traded and are not banks. Based on ForexBrokers.com’s Trust Score (out of 99), BlackBull Markets scores 77 and is considered average risk, while Eightcap scores 87 and is considered trusted. For context, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted.
On regulation, BlackBull Markets holds 1 Tier-1 license (highly trusted) and 0 Tier-2 licenses (trusted). Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In simple terms, Eightcap has broader top-tier oversight, whereas BlackBull Markets has some top-tier coverage but fewer licenses overall.
| 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 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
BlackBull Markets and Eightcap both price near the industry average for forex commissions and fees, earning 4.5 out of 5 stars each. In ForexBrokers.com’s Commissions and Fees rankings, BlackBull Markets places #9 of 63, while Eightcap ranks #20 of 63. On their commission-based accounts, the typical all-in cost to trade EUR/USD is about 0.76 pips at both brokers, keeping them competitive even if not the very cheapest options available.
BlackBull Markets offers three account types. The Standard account is commission-free with no minimum deposit, but carries higher spreads. The Prime account—often the better value if you can meet the $2,000 minimum—charges a $3 per side ($6 round turn) commission per lot; in March 2024 its average EUR/USD spread was 0.16 pips, for an all-in cost of about 0.76 pips after adding the 0.3-pip (or $6 per 10,000 traded) commission. Active traders can opt for the ECN Institutional account with a $20,000 minimum and lower $2 per side ($4 round turn) commissions.
Eightcap provides two account choices across its global entities. The Standard account is spread-only, while the Raw account lists an average EUR/USD spread of 0.06 pips and adds a $3.50 per side commission, bringing the all-in cost to roughly 0.76 pips—just under the 0.8-pip industry average. Overall, Eightcap is slightly pricier than the very lowest-cost brokers, but remains competitively priced. Eightcap’s commissions and fees rating is 4.5 out of 5 stars, with a #20 of 63 category ranking.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.16 | 1.0 |
| All-in Cost EUR/USD - Active | 0.76 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets vs Eightcap: for range of investments, BlackBull Markets offers far more to choose from, with 26,000 tradeable symbols and 72 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. BlackBull also lets you buy exchange-traded shares on both U.S. and international exchanges (for example, Apple on NASDAQ and Vodafone in London), while Eightcap does not offer real shares. Reflecting this breadth, BlackBull Markets earns 5 stars and ranks #7 out of 63 brokers for Range of Investments, whereas Eightcap earns 3.5 stars and ranks #29.
Both brokers support forex trading (via CFDs or spot), provide copy trading, and offer cryptocurrency CFDs; neither allows buying actual, delivered crypto. If you want the widest selection including real stocks, BlackBull Markets stands out. If you mainly trade CFDs—forex and crypto included—Eightcap may cover the essentials.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 803 |
| Forex Pairs (Total) | 72 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| 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.
BlackBull Markets and Eightcap deliver very similar trading platforms and tools. Both offer free demo (paper) accounts, support Windows desktop and web-based trading, and let you trade directly from charts. Each broker relies on popular third‑party platforms rather than building its own, with full access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading options. The range of technical indicators and watch‑list settings will depend on whether you choose MT4 or MT5, not the broker.
In independent testing by ForexBrokers.com, both brokers earned 4 stars for Trading Platforms and Tools, with BlackBull Markets ranked #25 out of 63 brokers and Eightcap ranked #31. If you want a slight edge based on rankings, BlackBull Markets comes out ahead; otherwise, the experience is largely comparable. The easiest way to decide is to try their free demo accounts and see which platform setup fits your workflow.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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) | 109 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Eightcap both deliver capable mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and lets your watchlists sync with your online account, so changes carry over across devices. Their charting tools are evenly matched, offering 30 technical studies, the ability to draw trendlines, and automatic saving of your drawings—handy for picking up where you left off.
When it comes to quality scores, both brokers earn 4 out of 5 stars for Mobile Trading Apps. According to ForexBrokers.com, BlackBull Markets ranks #27 out of 63 brokers in this category, while Eightcap ranks #31. That gives BlackBull a slight edge in rankings, but feature-wise, the two apps are very similar.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
BlackBull Markets vs Eightcap: both brokers deliver daily market commentary, sentiment tools that show long/short positioning, and an economic calendar. Neither streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and both lack Trading Central and TipRanks. The key differences are in research add‑ons: BlackBull Markets includes Autochartist for technical and fundamental insights, while Eightcap does not; Eightcap integrates Acuity Trading (e.g., Signal Centre), which BlackBull Markets does not.
On quality, BlackBull Markets earns 4.5/5 stars for Research and ranks #16 out of 63 brokers on ForexBrokers.com, while Eightcap scores 3.5/5 stars and ranks #33. If you value Autochartist for trade ideas and pattern recognition, BlackBull Markets has an edge. If you prefer Acuity Trading’s signals and analysis, Eightcap may fit better. Either way, both provide everyday commentary and core tools like sentiment data and an economic calendar.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing BlackBull Markets and Eightcap for beginner education, both brokers offer forex and CFD learning resources that are easy to access online. Each hosts ongoing client webinars at least once a month and provides a library of beginner-friendly video lessons (10 or more) that cover the basics, from platform how‑tos to risk management and trading strategies.
The key difference shows up as you advance: BlackBull Markets includes at least 10 advanced trading videos to help you keep progressing, while Eightcap does not meet that mark. That added depth helps explain BlackBull’s higher Education score of 4.5/5 and a category rank of #24 out of 63 brokers, compared with Eightcap’s 3.5/5 and #31 ranking. If you want beginner tutorials plus room to grow, BlackBull Markets has the edge; if you mainly want the basics and live sessions, Eightcap still fits the bill.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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 #22, while Eightcap finished with an overall rank of #30.
BlackBull Markets is a growing broker best known for its broad platform support, including MetaTrader, cTrader, TradingView, and copy trading tools, along with a large range of tradeable instruments.
| Feature |
BlackBull Markets
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Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 77 | 87 |
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BlackBull Markets vs Eightcap: neither online broker allows buying actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
BlackBull Markets vs Eightcap: for deposit and withdrawal methods, neither broker supports ACH or SEPA, both offer Skrill and bank wire transfers, Eightcap supports PayPal while BlackBull Markets does not, and Visa/Mastercard availability is not specified for either.
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 | 77 | 87 | |
| 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 | 77 | 87 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| 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 (FSA 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, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 803 | |
| Forex Pairs (Total) | 72 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| 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 | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.16 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.76 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | Yes | No |
| Trading Tools | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | BlackBull Markets | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | Eightcap Review |
| Overall | BlackBull Markets | Eightcap | |
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| Trust Score | 77 | 87 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
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