Written by ForexBrokers.com
In this head to head comparison of eToro vs BlackBull Markets, 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.
Comparing online brokers eToro and BlackBull Markets: eToro was founded in 2007 and is publicly traded, while BlackBull Markets began in 2014 and is not publicly traded. Neither broker is a bank. Based on ForexBrokers.com’s Trust Score (where 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted), eToro scores 97, placing it in the highly trusted range. BlackBull Markets scores 77, which falls into the average risk category.
In terms of regulation, eToro holds 4 Tier-1 licenses (considered highly trusted) and 1 Tier-2 license (trusted). BlackBull Markets holds 1 Tier-1 license and no Tier-2 licenses. For investors who weigh regulation and third-party trust ratings heavily, these details can help differentiate eToro from BlackBull Markets.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 2007 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, eToro and BlackBull Markets take very different approaches. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. That means it is not usually the cheapest choice for spread-focused traders, but many users choose eToro for its social copy trading features instead. eToro is rated 4 out of 5 stars for commissions and fees and ranks #24 out of 36 brokers in this category.
BlackBull Markets is more flexible on pricing, with trading costs that depend on the account type you open. Its Standard account has no commission and no minimum deposit, but spreads are higher. The Prime account has lower spreads and an average EUR/USD spread of 0.16, with commission added, bringing the all-in cost to about 0.76. For active traders, the ECN Institutional account offers even lower commissions, but requires a higher minimum deposit. BlackBull Markets is rated 4.5 out of 5 stars for commissions and fees and ranks #9 out of 36 brokers.
Overall, eToro is better known for its easy-to-use platform and copy trading, while BlackBull Markets offers more competitive pricing for traders who care most about trading costs. If low fees are your main priority, BlackBull Markets has the edge. If you value social trading tools more, eToro may still be a good fit despite its higher spreads.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1 | 1.16 |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, both eToro and BlackBull Markets give traders access to forex, U.S. and international shares, copy trading, and cryptocurrency CFDs. eToro also lets clients buy actual cryptocurrencies, which may appeal to investors who want to own the coin itself rather than trade only on price movements. In contrast, BlackBull Markets does not offer delivered crypto, so its crypto access is limited to CFDs. Both brokers offer forex trading as either CFDs or spot contracts, and both support exchange-traded securities on major global markets.
BlackBull Markets has the edge on sheer size, with around 26,000 tradeable symbols compared with eToro’s 7,441, and it also lists slightly more forex pairs, at 72 versus eToro’s 65. That wider selection helps explain why ForexBrokers.com ranks BlackBull Markets higher for Range of Investments, placing it #7 out of 36 brokers, while eToro sits at #10. Even so, both brokers earn a top 5-star rating for this category, so each offers a strong choice for traders looking for variety.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 26000 |
| Forex Pairs (Total) | 65 | 72 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
When comparing eToro vs. BlackBull Markets for trading platforms and tools, both brokers give traders a free demo account, web-based trading, copy trading, and the ability to place trades directly from a chart. eToro also stands out with its own in-house platform, which may appeal to beginners who want a simple, all-in-one experience. BlackBull Markets does not have a proprietary platform, but it does offer a Windows desktop download, which eToro does not.
For charting and platform choice, BlackBull Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while eToro does not offer either. That makes BlackBull a better fit for traders who want access to these popular third-party tools. Still, eToro scores higher overall in this category, with a 4.5-star rating and a ForexBrokers.com ranking of #8 out of 36 brokers, compared with BlackBull Markets’ 4-star rating and #26 ranking.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 109 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and BlackBull Markets both offer mobile trading apps for iPhone and Android, along with price alerts and watchlist syncing so changes carry over between the app and your online account. Each app also lets you draw trendlines on charts, making it easier to track market moves on the go. For mobile trading access, both brokers cover the basics well and give users a simple way to manage trades from a phone or tablet.
When it comes to charting tools and overall app quality, eToro has the edge. Its mobile app includes 104 technical studies, compared with 30 at BlackBull Markets, and eToro is rated 4.5 out of 5 stars for mobile trading apps, versus 4 stars for BlackBull Markets. eToro also ranks higher in ForexBrokers.com’s mobile trading apps category, coming in at #10 out of 36 brokers, while BlackBull Markets is ranked #29. One advantage for BlackBull Markets is that its app auto-saves chart drawings, while eToro’s does not.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both eToro and BlackBull Markets give traders daily market commentary, a sentiment tool showing long and short positions, and an economic calendar with upcoming global events. Both brokers are rated 4.5 out of 5 stars for Research, but eToro holds a stronger overall spot in the ForexBrokers.com ranking, coming in at #12 out of 36 brokers compared with BlackBull Markets at #17.
eToro stands out for its access to forex news from top sources like Bloomberg, Reuters, and Dow Jones, plus market research from TipRanks. BlackBull Markets does not offer those extras, but it does provide Autochartist tools for chart-based analysis, which eToro does not. Neither broker offers Trading Central or Acuity Trading research tools, so the main research difference is that eToro leans more on premium news and third-party insights, while BlackBull Markets focuses more on Autochartist support.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to learning support for beginners, both eToro and BlackBull Markets offer a good range of educational material. Each broker provides forex and CFDs education with at least 10 learning pieces, along with monthly online webinars and plenty of beginner-focused videos. They also both have at least 10 advanced videos for traders who want to go further, which makes either platform a useful place to start learning and keep building skills over time.
The main difference is in how these resources are rated and ranked. eToro earns 4.5 out of 5 stars for Education and is ranked #3 out of 36 brokers by ForexBrokers.com, while BlackBull Markets also scores 4.5 stars but sits at #25. In simple terms, both brokers are well equipped for education, but eToro stands out more strongly overall for beginners who want a broker with a better-known learning offering.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than BlackBull Markets. eToro finished with an overall rank of #9, while BlackBull Markets finished with an overall rank of #22.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 97 | 77 |
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eToro vs BlackBull Markets: eToro offers both delivered cryptocurrency purchases and crypto CFDs, whereas BlackBull Markets supports only cryptocurrency CFDs and does not allow buying the underlying coins.
Comparing online brokers eToro vs BlackBull Markets: both support ACH/SEPA transfers, Skrill, and bank wire deposits/withdrawals, but only eToro offers PayPal, while Visa/Mastercard availability wasn’t 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 | eToro | BlackBull Markets | |
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| Trust Score | 97 | 77 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
| Broker Screenshots | eToro | BlackBull Markets | |
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| Regulation | eToro | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 97 | 77 | |
| Year Founded | 2007 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | eToro | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 26000 | |
| Forex Pairs (Total) | 65 | 72 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | BlackBull Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1 | 1.16 | |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | eToro | BlackBull Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | eToro | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 109 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | BlackBull Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | BlackBull Markets | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | eToro Review | BlackBull Markets Review |
| Overall | eToro | BlackBull Markets | |
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| Trust Score | 97 | 77 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
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