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Eightcap vs BlackBull Markets 2021

Is BlackBull Markets better than Eightcap? After testing 27 of the best forex brokers over five months, Eightcap is better than BlackBull Markets. With a small range of markets and no standout features across its research, education, platforms, and account offerings, Eightcap struggles to compete with the best forex brokers.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Eightcap BlackBull Markets
Overall 3.5 3.5
Commissions & Fees 3.5 4
Offering of Investments 3.5 3
Platforms & Tools 3.5 3
Mobile Trading 3.5 3
Research 3 3
Education 3 3
Trust Score 69 70
Eightcap Review BlackBull Markets Review
Winner check_circle

Regulation

Feature Eightcap BlackBull Markets
Trust Score 69 70
Year Founded
2009 2014
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 0
Tier-2 Licenses
0 1
Tier-3 Licenses
0 0
Authorised in the European Union
No No

Tier-1 Licenses (High Trust)

Feature Eightcap BlackBull Markets
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No No
CFTC Registered (USA)
No No

Investments

Feature Eightcap BlackBull Markets
Forex Trading
Yes Yes
CFDs (Total)
211 14
Forex Pairs (Total)
45 30
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes No
Social Trading / Copy-Trading
Yes Yes

Cost

Feature Eightcap BlackBull Markets
Average Spread EUR/USD - Standard
N/A 0.76
All-in Cost EUR/USD - Active
N/A 0.76
Active Trader or VIP Discounts
No Yes

Funding

Feature Eightcap BlackBull Markets
Minimum Initial Deposit
$100 $200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Eightcap BlackBull Markets
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 No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Eightcap BlackBull Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
(Default MT4/MT5) (Default MT4)
Charting - Indicators / Studies (Total)
(Default MT4/MT5) (Default MT4)
Charting - Drawing Tools (Total)
(Default MT4/MT5) (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No No
Order Type - Trailing Stop
No No

Mobile Trading

Feature Eightcap BlackBull Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
No No
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
(Default MT4/MT5) (Default MT4)
Charting - Draw Trendlines
No No
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
No No
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

Feature Eightcap BlackBull Markets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No No
Weekly Webinars
No No
AutoChartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
No Yes

Education

Feature Eightcap BlackBull Markets
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
No No
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature Eightcap BlackBull Markets
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

Overall

Feature Eightcap BlackBull Markets
Overall 3.5 3.5
Commissions & Fees 3.5 4
Offering of Investments 3.5 3
Platforms & Tools 3.5 3
Mobile Trading 3.5 3
Research 3 3
Education 3 3
Trust Score 69 70
Eightcap Review BlackBull Markets Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs Eightcap.

Does BlackBull Markets or Eightcap offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BlackBull Markets offers better pricing overall for traders.

Is BlackBull Markets or Eightcap safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Eightcap holds 1 global Tier-1 licenses, while BlackBull Markets holds 0. BlackBull Markets holds 1 global Tier-2 licenses, while Eightcap holds 0. All regulators considered, BlackBull Markets has a Trust Score of 70.00, while Eightcap's Trust Score is 69.00.

Which trading platform is better: BlackBull Markets or Eightcap?
To compare the trading platforms of both BlackBull Markets and Eightcap, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Eightcap offers a better experience. With research, BlackBull Markets offers superior market research. Finally, we found Eightcap to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. BlackBull Markets and Eightcap both offer copy trading. Both BlackBull Markets and Eightcap offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Eightcap provides traders 45 currency pairs (e.g., EUR/USD) compared to BlackBull Markets's 30 available pairs. Forex pairs aside, Eightcap offers traders access to 211 CFDs while BlackBull Markets has 14 available CFDs, a difference of 197.

Overall winner: Eightcap

Read Next: Best Forex Brokers 2021

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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