BlackBull Markets vs Eightcap 2026

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.

Regulation

BlackBull Markets (founded 2014) and Eightcap (founded 2009) are online brokers that are not publicly traded and are not banks. Because they don’t have stock exchange listings or banking charters, their regulatory standing is an important part of comparing them.

By ForexBrokers.com’s Trust Score scale—90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted—BlackBull Markets scores 78 (average risk) with 1 Tier-1 license and 0 Tier-2 licenses. Eightcap scores 87 (trusted) with 3 Tier-1 licenses and 1 Tier-2 license. Both are regulated, but Eightcap holds more top-tier licenses and earns a higher trust rating.

Feature	BlackBull Markets	Eightcap
Year Founded info	2014	2009
Publicly Traded (Listed) info	No	No
Bank info	No	No
Tier-1 Licenses info	1	3
Tier-2 Licenses info	0	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	2

Fees

BlackBull Markets and Eightcap both price near the industry average for forex commissions and fees. On our Commissions and Fees ratings, BlackBull Markets earns 4.5 out of 5 stars and ranks #9 of 63, while Eightcap earns 4 out of 5 stars and ranks #20 of 63. On their most competitive accounts, each delivers an all-in cost on EUR/USD of about 0.76 pips, so headline pricing is similar; the bigger differences come from account structure and minimums.

BlackBull Markets offers three account types. The Standard account is spread-only with no minimum deposit but carries wider spreads. The Prime account requires a $2,000 minimum deposit and charges a $3 per side ($6 round turn) commission; paired with an average 0.16-pip EUR/USD spread (March 2024), the all-in comes to roughly 0.76 pips. Active traders can step up to the ECN Institutional account ($20,000 minimum) with a lower $2 per side ($4 round turn) commission.

Eightcap provides two choices. Its Standard account is spread-only, while the Raw account lists a 0.06-pip average spread on EUR/USD and adds a $3.50 per side commission, for an all-in cost around 0.76 pips—competitive, though generally a touch pricier than the very cheapest brokers. In short: choose a spread-only plan at either broker if you want no commissions (but expect wider spreads), or opt for BlackBull’s Prime or Eightcap’s Raw account for tighter pricing—with BlackBull’s Prime requiring a higher starting deposit.

Feature	BlackBull Markets	Eightcap
Minimum Deposit info	$0	$100
Average spread (EUR/USD) - Standard account info	1.16 info	1.0 info
All-in Cost EUR/USD - Active info	0.76 info	0.76
Non-wire bank transfer info	No	No
PayPal (Deposit/Withdraw) info	No	Yes
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

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) info	Yes	Yes
Tradeable Symbols (Total) info	26000	803
Forex Pairs (Total) info	72	55
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	Yes info
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	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.

Trading platforms and tools

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) info	Yes	Yes
Proprietary Desktop Trading Platform info	No	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes info
MetaTrader 4 (MT4) info	Yes	Yes
MetaTrader 5 (MT5) info	Yes	Yes
Charting - Indicators / Studies (Total) info	109	30
Charting - Trade From Chart info	Yes	Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	30	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes

Dive deeper: Best Forex Trading Apps.

Market research

BlackBull Markets vs Eightcap: both brokers cover the basics for market research with daily market commentary and an economic calendar. Each also provides a sentiment tool that shows long vs. short positioning. On the other hand, neither broker streams forex news from top-tier wire services, and neither offers Trading Central or TipRanks.

The key differences are in extra tools. BlackBull Markets includes Autochartist for pattern detection and trade ideas, while Eightcap does not. Eightcap features Acuity Trading (Signal Centre), which BlackBull does not. Based on independent testing by ForexBrokers.com, BlackBull Markets earns 4 out of 5 stars for research and ranks 16th out of 63 brokers, while Eightcap scores 3.5 out of 5 stars and ranks 33rd. Choose BlackBull if you want Autochartist built in; pick Eightcap if Acuity Trading signals are more your style.

Feature	BlackBull Markets	Eightcap
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	Yes	No
Trading Central info	No	No
Client sentiment data info	Yes	Yes
TipRanks info	No	No
Acuity Trading info	No	Yes
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders seeking forex and CFD education, both BlackBull Markets and Eightcap deliver accessible learning. Each broker runs ongoing client webinars (at least monthly) and offers 10+ beginner-focused videos that break down key trading topics. Where they differ is depth for later stages: BlackBull Markets also provides 10+ advanced videos, which can help once you move beyond the basics, while Eightcap does not meet that advanced-video threshold.

Ratings back up the slight edge for BlackBull Markets: it earns 4 stars for Education and ranks #24 out of 63 brokers at ForexBrokers.com, compared with Eightcap’s 3.5 stars and #31 ranking. If you want a beginner-friendly start with room to grow, BlackBull Markets is the stronger pick. If you mainly need straightforward beginner videos and regular webinars, Eightcap still does the job.

Feature	BlackBull Markets	Eightcap
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 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	Eightcap
Overall Rating info
Trust Score info	78	87
Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

FAQs

Can you trade cryptocurrency with BlackBull Markets or Eightcap?

What funding options does each broker offer?

×

×

Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next

Overall Rating	BlackBull Markets	Eightcap
Overall Rating info
Trading Fees
Range of Investments
Trading Platforms
Mobile Trading
Research
Education
Trust Score info	78	87
Winner	check_circle
Review	BlackBull Markets Review	Eightcap Review

Broker Screenshots	BlackBull Markets	Eightcap
Broker Gallery (click to expand) info

Regulation	BlackBull Markets	Eightcap
Trust Score info	78	87
Year Founded info	2014	2009
Publicly Traded (Listed) info	No	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info
Tier-1 Licenses info	1	3
Tier-2 Licenses info	0	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	2

Tier-1 Licenses (Highly Trusted)	BlackBull Markets	Eightcap
Australia (ASIC Authorised) info	No	Yes
Canada (CIRO Authorised) info	No	No
Hong Kong (SFC Authorised) info	No	No
Japan (FSA Authorised) info	No	No
Singapore (MAS Authorised) info	No	No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info	No	Yes
USA (CFTC Authorized) info	No	No
New Zealand (FMA Authorised) info	Yes	No
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info

Tier-2 Licenses (Trusted)	BlackBull Markets	Eightcap
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	No	Yes info
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info

Investments	BlackBull Markets	Eightcap
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	26000	803
Forex Pairs (Total) info	72	55
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	Yes info
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	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 info	1.16 info	1.0 info
All-in Cost EUR/USD - Active info	0.76 info	0.76
Inactivity Fee info	No	No
Order execution: Agency info	No	Yes
Order execution: Market Maker info	Yes	Yes

Funding	BlackBull Markets	Eightcap
Minimum Deposit info	$0	$100
PayPal (Deposit/Withdraw) info	No	Yes
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes
Non-wire bank transfer info	No	No

Trading Platforms	BlackBull Markets	Eightcap
Proprietary Desktop Trading Platform info	No	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes info
MetaTrader 4 (MT4) info	Yes	Yes
MetaTrader 5 (MT5) info	Yes	Yes
cTrader info	Yes	No

Trading Tools	BlackBull Markets	Eightcap
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	109	30
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	BlackBull Markets	Eightcap
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	30	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	BlackBull Markets	Eightcap
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	Yes	No
Trading Central info	No	No
TipRanks info	No	No
Client sentiment data info	Yes	Yes
Economic Calendar info	Yes	Yes

Education	BlackBull Markets	Eightcap
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	BlackBull Markets	Eightcap
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	BlackBull Markets Review	Eightcap Review

Overall	BlackBull Markets	Eightcap
Overall Rating info
Trading Fees
Range of Investments
Trading Platforms
Mobile Trading
Research
Education
Trust Score info	78	87
Winner	check_circle
Review	BlackBull Markets Review	Eightcap Review