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 it comes to commissions and fees, eToro is best known for its social trading features rather than low trading costs. It uses a market-maker model and shows a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. eToro earns 4 out of 5 stars for commissions and fees and ranks #22 out of 36 brokers in this category.
BlackBull Markets is more competitive on pricing, especially for active traders who want tighter spreads. Its Standard account is commission-free, but the Prime account offers better overall value with an average EUR/USD spread of 0.16 and an all-in cost of about 0.76 after commission. BlackBull Markets also offers an ECN Institutional account with lower commissions for high-volume traders. It is rated 4.5 out of 5 stars for commissions and fees and ranks #9 out of 36 brokers.
In simple terms, eToro may appeal more to traders who value copy trading and an easy-to-use platform, while BlackBull Markets is the stronger choice if keeping trading costs down is your main goal. If fees matter most, BlackBull Markets comes out ahead overall.
| Feature |
eToro
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | 1 | 1.16 |
| All-in Cost EUR/USD - Active | 1 | 0.76 |
| Non-wire bank transfer | 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 you useful ways to get started and practice first, since each offers a free demo account. They also both support web-based trading, copy trading, and the ability to place trades directly from a chart. eToro stands out for its own in-house platform, which is designed for its social trading style, while BlackBull Markets does not have a proprietary platform of its own.
The bigger difference is in desktop and advanced platform choice. BlackBull Markets offers a Windows desktop platform and supports both MetaTrader 4 and MetaTrader 5, making it a stronger pick for traders who want those popular third-party tools. eToro does not offer a Windows download, MT4, or MT5. Still, eToro earns a higher rating for trading platforms and tools, with 4.5 out of 5 stars and a #8 ranking from ForexBrokers.com, compared with BlackBull Markets’ 4 stars and #25 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 iPhone and Android apps, along with stock or forex price alerts, watchlist syncing, and the ability to draw trendlines on charts. That makes each platform a solid choice if you want to trade and monitor markets on the go. Both apps are built for everyday mobile use, but eToro stands out for charting depth, with 104 technical studies available in its mobile app compared with 30 at BlackBull Markets.
There are a few key differences that may matter depending on how you trade. BlackBull Markets’ mobile app automatically saves chart drawings, while eToro does not. In ratings, eToro comes out ahead with 4.5 out of 5 stars for Mobile Trading Apps and a #10 ranking out of 36 brokers from ForexBrokers.com, while BlackBull Markets holds 4 stars and ranks #27. If mobile chart tools are a priority, eToro has the edge; if auto-saving drawings matters more, BlackBull Markets may fit better.
| 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 beginner education, eToro and BlackBull Markets both give new traders a strong starting point. Each broker offers at least 10 forex or CFD learning pieces, monthly educational webinars, and at least 10 beginner and 10 advanced videos, so learners can find material whether they are just getting started or want to build on existing knowledge. Both brokers are also rated 4.5 out of 5 stars for Education, which shows they each provide a solid range of learning tools.
That said, eToro has the edge in overall education quality and recognition. ForexBrokers.com ranks eToro #3 out of 36 brokers for Education, while BlackBull Markets is ranked #24. For beginners who want a broker with more highly rated educational support and easier access to learning content, eToro stands out as the stronger choice, even though BlackBull Markets still covers the main education basics well.
| 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
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 97 | 77 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | BlackBull Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 77 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
| Broker Screenshots | eToro | BlackBull Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) - Standard account | 1 | 1.16 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 77 | |
| Winner | check_circle | ||
| Review | eToro Review | BlackBull Markets Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill