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, is publicly traded, and is not a bank. BlackBull Markets was founded in 2014, is not publicly traded, and is not a bank. As rated by ForexBrokers.com, eToro holds a Trust Score of 96/99, which is considered highly trusted. BlackBull Markets scores 78/99, which falls into the average risk category. For context, ForexBrokers.com’s Trust Score scale classifies 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted.
On regulation, eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). BlackBull Markets holds 1 Tier-1 license and 0 Tier-2 licenses. In short, eToro offers broader top-tier regulatory coverage and a public-company profile, while BlackBull Markets has a lighter licensing footprint and an average risk rating.
| 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 |
Comparing commissions and fees, eToro lists a typical variable spread of 1.0 pip on EUR/USD as a market-maker, which is slightly higher than the industry average. BlackBull Markets’ Prime account averages a 0.16‑pip spread on EUR/USD, with an all-in cost of about 0.76 pips once its commission is included. Both brokers earn 4.5 stars for commissions and fees, but BlackBull Markets ranks higher at #9 out of 63 brokers, while eToro is #22 out of 63.
eToro’s appeal isn’t its spreads; it’s the platform’s social copy trading. For added perks, eToro offers a VIP Club with five tiers (Silver to Diamond) for balances from $5,000 to $250,000. Benefits can include access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.
At BlackBull Markets, pricing varies by account type. The Standard account is commission-free with no minimum deposit but comes with higher spreads. The Prime account requires a $2,000 minimum, offers lower spreads, and charges $3 per side ($6 round turn) per lot—often delivering better all-in pricing on EUR/USD. Active traders can consider the ECN Institutional account (minimum $20,000) with $2 per side ($4 round turn) commissions.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 1.16 |
| All-in Cost EUR/USD - Active | N/A | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, BlackBull Markets offers a wider overall selection with about 26,000 tradeable symbols, versus 7,441 at eToro. For currency traders, BlackBull lists 72 forex pairs while eToro has 55. Both brokers support forex trading via CFDs or spot contracts. Each also lets you buy exchange-traded securities (not CFDs) on both U.S. and international exchanges, so you can purchase shares like Apple on NASDAQ or Vodafone in London directly.
Both platforms include copy trading, but they differ on crypto access: eToro lets you buy actual cryptocurrencies and trade crypto via CFDs, while BlackBull Markets offers crypto only as CFDs. In third-party evaluations of investment range, both earn 5 out of 5 stars; among 63 brokers covered by ForexBrokers.com, BlackBull ranks #7 and eToro ranks #11.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 26000 |
| Forex Pairs (Total) | 55 | 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.
eToro and BlackBull Markets both offer trading platforms and tools that include free paper trading via a virtual demo account, web-based platforms, copy trading, and the ability to place orders directly from charts. eToro uses its own in-house platform and does not offer a Windows desktop download or MetaTrader 4 (MT4) or MetaTrader 5 (MT5). BlackBull Markets does not have a proprietary platform, but it supports both MT4 and MT5 and offers a Windows desktop platform alongside its web platform. According to ForexBrokers.com, eToro earns 4.5 stars and ranks #8 out of 63 brokers for Trading Platforms and Tools, while BlackBull Markets earns 4 stars and ranks #25.
Choose eToro if you want a simple, social-first web experience with copy trading built in. Pick BlackBull Markets if you prefer the MetaTrader setup, need a Windows desktop app, or want to customize with MT4/MT5 tools and add-ons. Both brokers let you practice with a demo account before you trade with real money.
| 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.
Both eToro and BlackBull Markets offer mobile trading apps for iPhone and Android, along with price alerts and watchlists that sync with your online account. For charting, eToro stands out with 104 technical studies compared to BlackBull’s 30, which can appeal if you rely on a wide range of indicators for stocks or forex.
If you draw on charts, BlackBull Markets has an edge: its app lets you add trendlines and automatically saves your drawings, while eToro does not. In overall app quality, eToro earns 4.5 stars and ranks #10 out of 63 brokers at ForexBrokers.com, whereas BlackBull Markets scores 4 stars and ranks #27. In short, eToro suits traders who want more built-in indicators, while BlackBull is a good pick if you need drawing tools and autosave on mobile.
| 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 | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both eToro and BlackBull Markets deliver daily market commentary, sentiment tools that show long vs. short positioning, and a handy economic calendar. The differences show up in third-party research: eToro includes top-tier forex news (think Bloomberg/Reuters-level feeds), Trading Central tools, and TipRanks insights. BlackBull Markets does not offer those, but it does provide Autochartist, which helps spot chart patterns and trade ideas. Neither broker includes tools from Acuity Trading.
For ratings, eToro scores 4.5/5 for Research and ranks #13 out of 63 brokers at ForexBrokers.com, while BlackBull Markets earns 4/5 and ranks #16. If you want integrated premium news and analyst-style research, eToro is the stronger pick. If you prefer Autochartist’s pattern-finding features, BlackBull Markets could fit better.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing eToro and BlackBull Markets, both brokers provide forex and CFD education with a sizable library of materials. Each offers well over ten educational pieces across articles, videos, and archived webinars, plus at least one live client webinar every month. You’ll find at least ten beginner-friendly videos at both brokers to help you learn the basics, along with at least ten advanced videos for when you’re ready to level up.
That said, eToro stands out for overall quality: it earns 4.5 out of 5 stars for Education and ranks #3 out of 63 brokers on ForexBrokers.com, while BlackBull Markets scores 4 stars and ranks #24. If you’re new to trading and want a clearer learning path with richer content, eToro has the edge. BlackBull Markets still delivers helpful webinars and a sizable video library, but eToro’s higher rating and ranking point to a stronger education experience for beginners.
| 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 | 96 | 78 |
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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 eToro and BlackBull Markets for funding methods: eToro offers ACH/SEPA transfers and PayPal (not available at BlackBull Markets), both brokers support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified for either broker.
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 | 96 | 78 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
| Broker Screenshots | eToro | BlackBull Markets | |
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| Regulation | eToro | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 96 | 78 | |
| 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 SCA 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) | 55 | 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) - Standard account | N/A | 1.16 | |
| All-in Cost EUR/USD - Active | N/A | 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 | Yes | No |
| 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 Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | 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 | Yes | 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | BlackBull Markets Review |
| Overall | eToro | BlackBull Markets | |
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| Trust Score | 96 | 78 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
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