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 earn a strong 4.5 out of 5 stars for commissions and fees, but BlackBull has the edge in the ranking, placing #9 out of 36 brokers compared with Eightcap at #20. In simple terms, both brokers are reasonably priced, but BlackBull comes out a bit better overall for traders who want lower trading costs.
At BlackBull Markets, costs depend on the account you choose. The Standard account has no commission and no minimum deposit, but its spreads are higher. The Prime account is often the better value, with an average EUR/USD spread of 0.16 pips and an all-in cost of about 0.76 pips after commission, though it requires a $2,000 minimum deposit. For more active traders, the ECN Institutional account asks for at least $20,000 and offers even lower commissions.
Eightcap also gives traders two main choices: a spread-only Standard account or a commission-based Raw account. The Raw account shows an average spread of 0.06 pips, but once the $3.50 per-side commission is added, the total cost is around 0.76 pips, which is close to the industry average. That makes Eightcap fairly competitive, but still a little more expensive than the cheapest forex brokers.
| 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 | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing BlackBull Markets vs Eightcap for range of investments, BlackBull Markets offers a much wider choice overall. It provides 26,000 tradeable symbols and 72 forex pairs, while Eightcap offers 803 tradeable symbols and 55 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both also offer cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency.
BlackBull Markets stands out further by offering exchange-traded securities on both U.S. and international exchanges, plus copy trading, while Eightcap does not offer these options. This broader product range is reflected in the ratings too: BlackBull Markets is rated 5 out of 5 for Range of Investments and ranks #7 out of 36 brokers, while Eightcap is rated 3.5 out of 5 and ranks #29 out of 36.
| 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 | No |
| 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 both give traders a wide choice of platforms and tools, including free demo accounts, desktop apps for Windows, web-based trading, MetaTrader 4, and MetaTrader 5. Neither broker offers a proprietary in-house platform, and both let you trade directly from charts. Each also earns a 4-star rating from ForexBrokers.com for Trading Platforms and Tools, showing that both offer a solid setup for beginners and more active traders alike.
The main difference is that BlackBull Markets also supports copy trading, while Eightcap does not. In ForexBrokers.com’s category ranking, BlackBull Markets places higher at #25 out of 36 brokers, compared with Eightcap at #31. If copy trading matters to you, BlackBull Markets has the edge; if you mainly want standard platform choices and chart-based trading, both brokers are closely matched.
| 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 | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Eightcap both make it easy to trade on the go, with iPhone and Android apps, price alerts, and watchlist syncing between the mobile app and online account. Each app also lets you draw trendlines on charts, and both automatically save those drawings, which is helpful if you switch between devices. In short, the two brokers cover the core mobile trading features most everyday traders want.
The main difference is in charting tools. BlackBull Markets offers 30 technical studies in its mobile app, while Eightcap provides 100, giving Eightcap the edge for traders who want more chart options on a phone or tablet. Even so, both brokers are rated 4 out of 5 stars for mobile trading apps, though ForexBrokers.com ranks BlackBull Markets higher at #27 out of 36 brokers, compared with Eightcap at #31.
| 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 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing BlackBull Markets vs Eightcap for market research, both brokers give traders daily market commentary, a sentiment tool for checking long and short positioning, and an economic calendar for tracking key global events. Neither broker provides forex news from major sources like Bloomberg, Reuters, or Dow Jones, and neither offers Trading Central or TipRanks research. Both are tied on these basics, so each gives users the same core research features for following the markets day to day.
The main difference is that BlackBull Markets includes Autochartist, which adds extra chart-based and technical research tools, while Eightcap offers Acuity Trading tools such as Signal Centre instead. This gives BlackBull Markets a stronger overall research rating at 4.5 out of 5 stars and a higher ForexBrokers.com research rank of #17 out of 36, compared with Eightcap’s 3.5 stars and #33 ranking. In short, BlackBull Markets has the edge for market research, while Eightcap still provides a useful set of tools for everyday analysis.
| 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.
For beginners looking for trading education, BlackBull Markets has a clear edge over Eightcap. BlackBull Markets offers forex and CFD learning materials, monthly live client webinars, more than 10 beginner trading videos, and even 10+ advanced videos for traders who want to go further. It also earns a stronger Education score of 4.5 out of 5 and ranks #24 out of 36 brokers for Education at ForexBrokers.com.
Eightcap also gives beginners a solid start, with at least 10 beginner trading videos and forex/CFD education resources available. However, it does not offer monthly educational webinars and does not provide 10+ advanced educational videos, which may matter for traders who want more ongoing support and deeper learning. As a result, Eightcap holds a lower Education rating of 3.5 out of 5 and ranks #31 out of 36, making BlackBull Markets the better choice overall for educational resources.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Webinars | Yes | No |
| 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.
Comparing funding and withdrawal methods, BlackBull Markets supports ACH/SEPA, Skrill, and bank wire transfers (no PayPal), while Eightcap offers PayPal, Skrill, and bank wires (no ACH/SEPA), with Visa/Mastercard availability 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 | No | |
| 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 | Yes | |
| 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 | Yes | No |
| Trading Platforms | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| 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 | 100 | |
| 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 | 100 | |
| 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 | No | |
| 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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