Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Exness, 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.
BlackBull Markets (founded 2014) and Exness (founded 2008) are private, non-bank online brokers. BlackBull holds 1 Tier-1 license and 0 Tier-2 licenses, with a ForexBrokers.com Trust Score of 77/99. Exness holds 2 Tier-1 and 3 Tier-2 licenses and has a Trust Score of 80/99. Neither company is publicly traded.
On ForexBrokers.com’s scale, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and 59 or less not trusted. That places Exness in the trusted range and BlackBull Markets in average risk; Exness also has broader licensing, which may indicate stronger regulatory oversight.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Year Founded | 2014 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
BlackBull Markets and Exness both offer account choices that can help lower trading costs, but the best value depends on how you trade. BlackBull Markets is rated 4.5 out of 5 stars and ranks #9 out of 36 brokers for commissions and fees, while Exness is rated 4 out of 5 stars and ranks #31 out of 36. In simple terms, BlackBull Markets comes out ahead overall on pricing, especially for traders who want tighter spreads and are willing to pay a commission on certain accounts.
At BlackBull Markets, the Standard account is commission-free but usually has wider spreads, while the Prime account has lower spreads and a $3 commission per side, or $6 round turn per lot, with a $2,000 minimum deposit. Based on March 2024 data, the Prime account’s average EUR/USD spread is 0.16, for an estimated all-in cost of 0.76 after commission. The ECN Institutional account is aimed at larger traders and requires at least $20,000, with lower commissions of $2 per side, or $4 round turn.
Exness also offers a mix of commission-free and commission-based accounts. Its Standard Cent, Standard, and Pro accounts do not charge commission, but spreads are generally higher on the basic accounts and lower on Pro. For traders who prefer commission pricing, the Zero Spread account charges a small per-trade commission, while the Raw account charges up to $7 per round turn lot, or $3.5 per side, and offers lower spreads. Overall, Exness gives more account variety, but BlackBull Markets tends to deliver better commissions and fee value for most traders.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.16 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing BlackBull Markets vs Exness for range of investments, BlackBull Markets offers a much wider selection overall. Both brokers support forex trading as a CFD or spot contract, and both let you trade cryptocurrency CFDs, but that is where the similarities start to narrow. BlackBull Markets stands out with about 26,000 tradable symbols, compared with Exness at 239, while Exness offers slightly more forex pairs at 78 versus BlackBull Markets’ 72.
BlackBull Markets also gives clients access to exchange-traded securities on both U.S. and international exchanges, so you can buy real shares such as Apple or Vodafone, while Exness does not offer these stocks. In addition, BlackBull Markets supports copy trading and earns a 5-star rating for range of investments, ranking 7th out of 36 brokers at ForexBrokers.com. Exness, by comparison, is rated 3.5 stars and ranks 34th out of 36, making BlackBull Markets the stronger choice for investors who want more market variety.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 239 |
| Forex Pairs (Total) | 72 | 78 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| 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 and Exness both give traders a solid set of platform choices, including free demo accounts, desktop downloads for Windows, web-based trading, and access to MetaTrader 4 and MetaTrader 5. Both also let users trade directly from charts, which can make it easier to place orders while watching market moves. In ForexBrokers.com’s Trading Platforms and Tools category, both brokers earn 4 out of 5 stars, showing they each offer a good overall trading setup.
The main difference is that Exness offers its own in-house trading platform, while BlackBull Markets does not. On the other hand, BlackBull Markets offers copy trading, which Exness does not. If you want more platform variety, Exness has the edge thanks to its proprietary platform and higher ranking at #15 out of 36 brokers, compared with BlackBull Markets at #25 out of 36. For traders who value copy trading, BlackBull Markets may be the better fit.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Exness both make it easy to trade on the go with iPhone and Android apps, plus useful extras like price alerts, watchlist syncing, and the ability to draw trendlines on charts. Each broker also earns a 4-star rating for mobile trading apps, so both offer a solid experience for everyday mobile trading.
The main difference is in charting and overall ranking. Exness gives traders access to 100 technical studies in its mobile app, compared with 30 at BlackBull Markets, and Exness also ranks higher for mobile trading apps with a #18 spot versus BlackBull Markets at #27 out of 36 brokers. One advantage for BlackBull Markets is that its app auto-saves chart drawings, while Exness does not.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
BlackBull Markets and Exness both give traders daily market commentary and an economic calendar, so each platform offers a solid starting point for staying on top of key events and trends. BlackBull Markets stands out for its Autochartist tools and sentiment-based trading data, which can help traders spot chart patterns and see how other market participants are positioned. Exness, on the other hand, offers forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central tools for added market analysis.
Overall, BlackBull Markets has the edge in market research, with a 4.5-star Research rating and a #17 ranking out of 36 brokers on ForexBrokers.com, compared with Exness at 3.5 stars and #31. While both brokers cover the basics well, BlackBull Markets may appeal more to traders who want sentiment tools and Autochartist, while Exness may suit those who prefer premium news coverage and Trading Central research.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
BlackBull Markets and Exness both give beginners a strong starting point with plenty of forex and CFD learning content. Each broker offers at least 10 education pieces on trading topics, monthly client webinars, and more than 10 beginner videos as well as more than 10 advanced videos, so both platforms cover the basics and also support traders who want to keep learning as they gain experience. This makes either broker a workable choice for users who want access to videos, articles, and live sessions to help build trading knowledge.
When it comes to overall education quality, BlackBull Markets comes out ahead with a 4.5-star rating, compared with Exness at 3.5 stars. Even so, Exness places slightly higher in ForexBrokers.com’s education ranking, coming in at #21 out of 36 brokers, while BlackBull Markets ranks #24. In simple terms, both brokers offer solid learning tools for beginners, but BlackBull Markets scores better for education quality, while Exness has a small edge in ranking.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| 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 BlackBull Markets is better than Exness. BlackBull Markets finished with an overall rank of #22, while Exness finished with an overall rank of #31.
BlackBull Markets is a growing broker best known for its broad platform support, including MetaTrader, cTrader, TradingView, and copy trading tools, along with a large range of tradeable instruments.
| Feature |
BlackBull Markets
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 77 | 80 |
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BlackBull Markets and Exness do not offer buying actual (delivered) cryptocurrencies, but both brokers provide access to cryptocurrency CFDs for trading and speculation.
BlackBull Markets vs Exness: for deposits and withdrawals, BlackBull supports ACH/SEPA, Skrill, and bank wire (no PayPal), while Exness offers Skrill and bank wire but not ACH/SEPA (no PayPal), 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 | Exness | |
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| Trust Score | 77 | 80 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
| Broker Screenshots | BlackBull Markets | Exness | |
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| Regulation | BlackBull Markets | Exness | |
|---|---|---|---|
| Trust Score | 77 | 80 | |
| Year Founded | 2014 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | BlackBull Markets | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 239 | |
| Forex Pairs (Total) | 72 | 78 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| 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 | Exness | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.16 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | BlackBull Markets | Exness | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Exness | |
|---|---|---|---|
| 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 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Exness | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Exness | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | BlackBull Markets | Exness | |
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| Trust Score | 77 | 80 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
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