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 | 2 |
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 account | 0.71 | 1.0 |
| All-in Cost EUR/USD - Active | 0.71 | 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: when it comes to the range of investments, BlackBull offers far more choice. You’ll find 26,000 tradable symbols and 72 forex pairs at BlackBull Markets, compared with Eightcap’s 803 symbols and 55 pairs. That breadth is reflected in independent ratings: BlackBull Markets earns 5 out of 5 stars for Range of Investments and ranks #6 out of 63 brokers, while Eightcap scores 3.5 out of 5 stars and ranks #41.
Both brokers support forex trading (via CFDs/spot), offer copy trading, and provide access to cryptocurrency CFDs; neither lets you buy actual crypto. The key difference is stock access: only BlackBull Markets lets you buy exchange-traded securities on U.S. and international exchanges—think Apple on NASDAQ and Vodafone in London—rather than just CFDs. Eightcap does not offer exchange-traded shares, making BlackBull the better fit if you want a wider multi-asset lineup that includes real stocks.
| 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 vs Eightcap: both online brokers deliver familiar trading platforms and tools. Each offers a free demo (paper trading) account, supports copy trading, and provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on a Windows desktop download or through a web-based platform, and neither broker uses a proprietary, in-house platform.
Both brokers let you place trades directly from charts. Specific counts for built-in technical indicators and watchlist columns were not provided. For trading platforms and tools, ForexBrokers.com rates both brokers at 4 out of 5 stars, with BlackBull Markets ranked #31 of 63 and Eightcap ranked #39 of 63. In short, their feature sets are very similar, with BlackBull Markets holding a slightly higher category rank.
| 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 feature-rich mobile trading apps for iPhone and Android. Each app lets you set stock and forex price alerts, sync watchlists with your online account, and keep your symbols aligned across devices. For charting, both include 30 technical studies, support drawing trendlines, and auto-save your drawings so you can pick up where you left off.
Both apps earn 4 out of 5 stars. In ForexBrokers.com’s Mobile Trading Apps category, BlackBull Markets ranks 33rd out of 63 brokers, while Eightcap ranks 39th. With feature sets that are nearly identical, the slight ranking edge goes to BlackBull Markets, though either app should meet the needs of most mobile traders.
| 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 and Eightcap both cover the basics for market research: each provides daily market commentary, an economic calendar, and a sentiment tool that shows the balance of long vs. short positions. In overall testing, BlackBull Markets comes out ahead with a 4 out of 5 star Research rating and a #18 ranking out of 63 brokers on ForexBrokers.com. Eightcap scores 3.5 stars and ranks #40.
For tools, BlackBull Markets includes Autochartist, giving traders automated chart patterns and ideas, while Eightcap does not. Eightcap offers Acuity Trading tools such as Signal Centre, which BlackBull Markets doesn’t provide. Neither broker includes Trading Central or TipRanks, and neither streams premium forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones.
| 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.
BlackBull Markets and Eightcap both make it easy for beginners to get started with forex and CFD education. Each broker hosts ongoing client webinars at least once a month and offers 10+ beginner-focused video lessons that explain core trading topics in plain language. Where they differ is in depth: BlackBull adds 10+ advanced videos for when you’re ready to go beyond the basics, while Eightcap does not, which can matter if you want a clear path from beginner to more experienced trading.
Independent ratings reflect this gap. ForexBrokers.com gives BlackBull Markets 4 stars for Education and ranks it 29th out of 63 brokers, while Eightcap earns 3.5 stars and ranks 40th. In short, both are solid for starter videos and regular webinars, but BlackBull has the edge if you want more advanced learning as you progress.
| 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 #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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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 | 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 | 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 (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, FSRA, or SCA 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 | 0.71 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.71 | 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 | 78 | 85 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
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