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 and Exness are two well-known online brokers in the trading industry, both offering unique advantages to their users. Founded in 2014, BlackBull Markets, which is not publicly traded nor a bank, holds one Tier-1 license, considered highly trusted. On the other hand, Exness, established in 2008, also not publicly traded nor a bank, has secured two Tier-1 licenses. These licenses imply that Exness might offer a slightly higher level of trust in terms of regulatory compliance.
When evaluating their trustworthiness using ForexBrokers.com's Trust Score, BlackBull Markets scores 78, which falls into the average risk category, while Exness scores 81, being recognized as trusted. Additionally, Exness holds three Tier-2 licenses, further solidifying its position above BlackBull Markets, which holds no Tier-2 licenses. These factors make Exness a more attractive option for traders seeking a broker with a stronger regulatory standing.
| 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 |
When comparing BlackBull Markets to Exness in terms of commissions and fees, BlackBull Markets stands out with a star rating of 4.5, ranking #18 out of 63 brokers by ForexBrokers.com. BlackBull Markets provides three main account types, each with distinct costs. For instance, the Prime account features an average EUR/USD spread of 0.16, equating to an all-in cost of 0.76 after a commission of 0.3 pips per side or $6 per 10,000 traded. This makes the Prime account a favorable option compared to its commission-free Standard account, which has wider spreads. The ECN Institutional account caters to serious traders with a $20,000 deposit requirement and lower commission rates.
Exness, on the other hand, offers a more varied selection with five primary account types and earns a 4-star rating, ranking #35 in the same category. Among its accounts, Exness provides both standard and professional options, with commission-based accounts offering tighter spreads than the commission-free ones. The Pro account is distinguished by its dual execution options—instant and market—and relatively lower spreads, while the Zero Spread and Raw accounts introduce per-trade commissions of $0.05 and up to $7 per round turn lot, respectively, highlighting their focus on active traders who seek lower spreads.
In summary, while both brokers offer a range of account types suited to different trading styles, BlackBull Markets appeals to trades with a frequent trading activity through lower commissions on its more exclusive accounts, albeit with higher deposit requirements. Exness provides a broader account variety, with flexibility in execution methods and competitive spreads, though its commission structure might suit cost-conscious traders seeking low upfront fees.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing BlackBull Markets and Exness for their investment offerings, BlackBull Markets stands out with an impressive total of 26,000 tradeable symbols, significantly eclipsing Exness, which offers 227. In the realm of forex trading, BlackBull Markets provides both CFD and spot contracts with 72 forex pairs available, while Exness offers a larger selection of 96 forex pairs under similar conditions. Furthermore, BlackBull Markets opens doors to direct investments in U.S. and international stocks, allowing clients to purchase shares like Apple and Vodafone. Exness, however, lacks this feature, focusing solely on Contracts for Difference (CFDs) for user investments. Both brokers provide copy trading as a part of their features and offer cryptocurrency derivatives, but neither support the purchase of actual cryptocurrencies.
In terms of investment range, BlackBull Markets is rated an impressive five stars, ranking sixth among 63 brokers on ForexBrokers.com. Exness, meanwhile, earns a respectable 3.5-star rating and is positioned at number 55. These rankings highlight BlackBull Markets as a more comprehensive platform for investors with a wide range of assets, favoring those seeking extensive investment opportunities beyond just forex and CFDs. Whether you're aiming to trade stocks directly or explore over tens of thousands of symbols, BlackBull Markets provides a broader array of choices compared to Exness.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 227 |
| Forex Pairs (Total) | 72 | 96 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 online brokers BlackBull Markets and Exness, both offer modern trading platforms and tools that cater to diverse trading needs. Each provides a free virtual demo account for simulated trading, allowing beginners and experienced traders to practice strategies without financial risk. While BlackBull Markets relies on popular third-party platforms like MetaTrader 4 and 5, Exness offers its own proprietary platform alongside these popular choices. Both brokers offer Windows-based desktop and web-based trading platforms, making access convenient across different devices. They each support copy trading, but only BlackBull Markets offers ZuluTrade as a social trading option.
For those keen on technical analysis, Exness takes the lead with 87 drawing tools compared to BlackBull Markets' 60. Both platforms facilitate trading directly from stock charts, streamlining the trading process. When it comes to managing watch lists, Exness provides more flexibility with seven columns, as opposed to BlackBull Markets' six. Both brokers are rated a solid four stars for their platforms and tools. However, Exness ranks slightly higher in the category according to ForexBrokers.com, holding the 26th position out of 63 brokers, while BlackBull Markets stands at 29th.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 107 |
| Charting - Drawing Tools (Total) | 60 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BlackBull Markets and Exness offer mobile trading apps on iPhone and Android, meeting the needs of traders on the go. With both platforms, you can set up price alerts for stocks or forex, keeping you informed about market movements. However, when it comes to syncing watchlists, BlackBull Markets stands out by allowing seamless syncing across devices, ensuring that changes made in the app automatically reflect in your online account. This is a feature that Exness does not currently offer. BlackBull Markets presents 30 technical studies in its charting tools, while Exness offers a slightly broader choice with 35 studies, giving users a bit more flexibility in their analysis.
Both brokers deliver strong functionalities in their mobile trading apps by enabling trendline drawing on charts and providing multiple time frames for viewing stock or forex data. A significant advantage with BlackBull Markets is the ability to auto-save drawings, a feature not found in the Exness app. Both apps allow the creation of watchlists with real-time quotes, catering to active traders. In terms of ratings, both apps earn a commendable four out of five stars. Ranked among 63 brokers for their mobile trading apps, Exness holds a slight edge at #26 compared to BlackBull Markets at #31 according to ForexBrokers.com.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to online trading platforms, both BlackBull Markets and Exness provide daily market commentary to help their users stay informed. However, BlackBull Markets lacks direct forex news from top-tier sources like Bloomberg or Reuters, which is a feature Exness offers, providing traders with a more in-depth market perspective. For those keen on technical analysis, BlackBull Markets includes tools from Autochartist but doesn't provide resources from Trading Central. Conversely, Exness integrates Trading Central tools but does not use Autochartist. This difference can influence traders based on their preferred analysis tools. Both platforms support sentiment analysis by showing the ratio of long or short positions across instruments and have economic calendars for tracking global news events.
Overall, BlackBull Markets receives slightly higher ratings for its research capabilities with 4 stars and holds the #18 spot among 63 brokers ranked by ForexBrokers.com. Meanwhile, Exness scores a 3.5-star rating, ranking it #41 for research offerings. While BlackBull Markets may have a slight edge with specific technical tools, Exness shines when it comes to broadcasting real-time forex news from established information sources. As a trader, selecting between these brokers will depend on whether you prioritize high-tier forex news or advanced technical analysis tools.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners offered by BlackBull Markets and Exness, you'll find both platforms provide over ten educational pieces related to forex and CFDs, ensuring a solid foundation for novice traders. BlackBull Markets goes a step further by hosting monthly webinars to engage and instruct their users, a feature Exness does not currently offer. However, both brokers maintain searchable archives of past webinars, allowing learners to revisit and learn at their own pace.
For visual learners, BlackBull Markets and Exness each present over ten beginner-friendly trading videos. However, BlackBull Markets stands out by also providing advanced videos tailored for experienced traders, a level of depth not matched by Exness. Furthermore, both platforms supply an investor dictionary containing more than 50 key investing terms. When rated by ForexBrokers.com, BlackBull Markets receives a slightly higher educational rating of four stars compared to Exness at 3.5 stars, with respective overall rankings of 29th and 47th out of 63 brokers in the education category. This highlights BlackBull Markets as a more comprehensive choice for those seeking a broader educational suite in online trading.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 #24, while Exness finished with an overall rank of #43.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 81 |
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Both BlackBull Markets and Exness do not offer the option to buy actual (delivered) cryptocurrency, but they both provide the facility to trade cryptocurrency derivatives.
Both BlackBull Markets and Exness provide various options for depositing and withdrawing funds, including Skrill, Visa, Mastercard, and bank wires, but neither offers ACH, SEPA, or PayPal transfers.
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 | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
| Broker Screenshots | BlackBull Markets | Exness | |
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| Regulation | BlackBull Markets | Exness | |
|---|---|---|---|
| Trust Score | 78 | 81 | |
| 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 (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | BlackBull Markets | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 227 | |
| Forex Pairs (Total) | 72 | 96 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Exness | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 107 | |
| Charting - Drawing Tools (Total) | 60 | 87 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Exness | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | BlackBull Markets Review | Exness Review |
| Overall | BlackBull Markets | Exness | |
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| Trust Score | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
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