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 a range of account types, but BlackBull comes out ahead on commissions and fees overall. BlackBull Markets is rated 4.5 stars and ranked #9 out of 36 brokers by ForexBrokers.com for the Commissions and Fees category. Its Standard account is commission-free, while the Prime account can be a better pick for active traders thanks to lower spreads, with an average EUR/USD spread of 0.16 and an all-in cost of about 0.76 after commission. The Prime account does require a $2,000 minimum deposit and charges $3 per side, or $6 round turn per lot, while the ECN Institutional account is aimed at larger traders with a $20,000 minimum deposit and $2 per side commissions.
Exness is also competitive, but its pricing depends heavily on the account you choose. It is rated 4 stars and ranked #33 out of 36 brokers for Commissions and Fees. Its commission-free Standard Cent and Standard accounts have higher spreads, while the Pro account offers lower spreads and both instant and market execution. For traders who want lower trading costs, Exness also offers the Zero Spread account, which charges a commission of $0.05 per trade, and the Raw account, which charges up to $7 per round turn lot, or $3.5 per side.
In simple terms, BlackBull Markets is usually the stronger choice if you want better overall value on trading costs, especially on its Prime account. Exness still gives traders plenty of account options, including low-spread commission-based accounts, but its overall commissions and fees score is lower than BlackBull’s.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.16 | N/A |
| All-in Cost EUR/USD - Raw spread account | 0.76 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
BlackBull Markets offers a wider range of investments than Exness. Both brokers support forex trading as CFDs, and both let clients trade cryptocurrency CFDs rather than buy actual crypto. BlackBull Markets stands out with about 26,000 tradeable symbols, compared with Exness’s 239, which gives traders far more choice across markets. It also offers 72 forex pairs, while Exness lists 78, so Exness has a small edge in forex pair count.
Where BlackBull Markets pulls ahead is in overall market access. It offers exchange traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple and Vodafone, while Exness does not offer this. BlackBull Markets also supports copy trading, which Exness does not. These differences are reflected in their ratings, with BlackBull Markets earning 5 stars and a #7 ranking for Range of Investments, versus Exness at 3.5 stars and #37.
| 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 mix of platform choices, including free demo accounts, Windows desktop downloads, web-based trading, MetaTrader 4, MetaTrader 5, and the ability to place trades directly from charts. Both brokers also earn a 4-star rating for Trading Platforms and Tools, so each one offers a user-friendly setup for beginners and active traders alike. The key difference is that Exness offers its own in-house platform, while BlackBull Markets does not.
For extra features, BlackBull Markets has an edge with copy trading, which may appeal to traders who want to follow other strategies. Exness does not offer copy trading, but it does rank higher in ForexBrokers.com’s Trading Platforms and Tools category, placing #15 out of 36 brokers compared with BlackBull Markets at #26. In simple terms, Exness stands out for its own platform and stronger category ranking, while BlackBull Markets may be better for traders who want copy trading support.
| 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 offer mobile trading apps for iPhone and Android, along with price alerts, watchlist syncing, and the ability to draw trendlines on charts. Each app is rated 4 out of 5 stars for mobile trading, so both brokers give traders a solid on-the-go experience. BlackBull Markets also auto-saves chart drawings in its app, which can be helpful if you switch between devices or return to a chart later.
Where Exness stands out is charting depth, offering 100 technical studies in its mobile app compared with 30 at BlackBull Markets. That gives Exness a clear edge for traders who rely on mobile chart analysis. This also shows up in ForexBrokers.com’s rankings, where Exness places #18 out of 36 brokers for mobile trading apps, ahead of BlackBull Markets at #29 out of 36.
| 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 broker offers useful day-to-day market updates. BlackBull Markets also stands out with Autochartist tools and a sentiment-based trading feature that shows long and short positions across instruments, which can help traders spot possible trends and market mood. Exness, on the other hand, includes forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, plus Trading Central tools for technical analysis, giving it a different style of market research support.
When it comes to overall research quality, BlackBull Markets has the edge with a 4.5-star rating and a ForexBrokers.com ranking of #17 out of 36 brokers. Exness is still a solid choice, but it trails behind with a 3.5-star research rating and a #34 ranking. Neither broker offers TipRanks or Acuity Trading research tools, so the main differences come down to BlackBull Markets’ sentiment and Autochartist features versus Exness’s premium news and Trading Central coverage.
| 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.
When comparing BlackBull Markets and Exness for beginner education, both brokers give new traders a solid starting point. Each offers forex and CFD learning content with well over 10 pieces focused on these markets, plus monthly client webinars and at least 10 beginner videos and 10 advanced videos. That means beginners can find basic lessons and more in-depth material at either broker, making both options useful for learning how trading works.
Where they differ is in overall education quality and ranking. BlackBull Markets is rated 4.5 out of 5 stars for Education, while Exness is rated 3.5 stars. Even so, Exness places slightly higher in ForexBrokers.com’s Education category, ranking #20 out of 36 brokers compared with BlackBull Markets at #25. In simple terms, both brokers offer plenty of learning tools, but BlackBull Markets is viewed more favorably by rating, while Exness holds the better category rank.
| 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
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|---|---|---|
| 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) - Spread-only account | 1.16 | N/A | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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