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 |
BlackBull Markets vs Exness on commissions and fees comes down to account choice and how you prefer to pay for your trades. At BlackBull, costs are about average overall, but the Prime account stands out for active traders: its average raw spread on EUR/USD was 0.16 in March 2024, translating to about 0.76 pips all-in once the commission is added. The Standard account is commission-free with higher spreads and no minimum deposit. Prime requires $2,000 and charges $3 per side ($6 round turn) per lot, while the ECN Institutional tier starts at $20,000 with $2 per side ($4 round turn). BlackBull Markets is rated 4.5/5 stars and ranks #19 out of 63 for Commissions and Fees (ForexBrokers.com).
Exness offers five main account types, with pricing that varies by model. Standard Cent and Standard are commission-free with market execution, while the Pro account is also commission-free but typically shows lower spreads and lets you choose instant or market execution. The Zero Spread account uses market execution and charges a per-trade commission of $0.05. The Raw account features tighter spreads and a commission of up to $7 per round turn per lot ($3.5 per side); margin calls trigger at 30% on both Raw and Zero Spread. Exness is rated 4/5 stars and ranks #36 out of 63 for Commissions and Fees (ForexBrokers.com).
In simple terms, BlackBull’s Prime commission of $6 per lot undercuts the “up to $7” on Exness Raw, while both brokers offer commission-free options if you prefer to pay through the spread. Your bottom-line cost will depend on the exact account, spread conditions at the time you trade, and your trade size.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average spread (EUR/USD) - Standard account | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing BlackBull Markets vs Exness for range of investments: both brokers let you trade forex as CFDs or spot contracts and both support copy trading. BlackBull Markets lists about 26,000 tradeable symbols, far more than Exness with 209. That said, Exness offers more forex pairs (96) than BlackBull Markets (72). For crypto, each broker offers cryptocurrency CFDs but not actual, delivered crypto.
Access to exchange-traded shares is a key difference. BlackBull Markets lets clients buy real stocks on U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London), while Exness does not offer exchange-traded securities. For Range of Investments, BlackBull Markets earns 5 stars and ranks #6 out of 63 brokers, whereas Exness scores 3.5 stars and ranks #56. If you want the widest mix of markets beyond forex, BlackBull Markets stands out; if your priority is a larger list of forex pairs specifically, Exness has the edge there.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 209 |
| Forex Pairs (Total) | 72 | 96 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| 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.
Comparing BlackBull Markets vs Exness for trading platforms and tools: both brokers offer free demo (paper) accounts, Windows desktop and web-based platforms, copy trading, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can place trades directly from charts at both brokers. The key difference is that Exness also provides a proprietary, in-house platform, while BlackBull Markets focuses on third‑party platforms such as MetaTrader.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars. In ForexBrokers.com’s category rankings out of 63 brokers, Exness is placed at #26, while BlackBull Markets is #31. If you want the option of an in-house platform alongside MetaTrader, Exness stands out; if you’re comfortable with MetaTrader and copy trading on desktop or web, both brokers fit the bill.
| 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 | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 107 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the mobile trading apps from BlackBull Markets and Exness is straightforward: both offer iPhone and Android apps and support stock and forex price alerts. A key difference is watchlist syncing. BlackBull Markets syncs watchlists between the mobile app and your online account, so changes carry over automatically. Exness does not offer this syncing, which may matter if you switch between devices often.
For charting, Exness offers 35 technical studies versus 30 at BlackBull Markets. Both apps let you draw trendlines, but only BlackBull Markets auto-saves your drawings. Each broker earns 4 out of 5 stars for mobile trading apps. In ForexBrokers.com’s rankings out of 63 brokers, Exness places #26, while BlackBull Markets is #33.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing BlackBull Markets vs Exness for market research: both brokers provide daily market commentary, an economic calendar, and a sentiment tool showing the ratio of long and short positions. Where they differ is in third‑party research. Exness offers forex news from top‑tier outlets like Bloomberg, Reuters, and Dow Jones, plus Trading Central analytics for technical and fundamental insights. BlackBull Markets, on the other hand, integrates Autochartist for pattern recognition and trade setups, but does not include Trading Central or premium news feeds. Neither broker adds TipRanks or Acuity Trading tools.
If you want institutional‑grade news and Trading Central, Exness may be the better fit. If you prefer Autochartist scans and alerts, BlackBull Markets has the edge. According to ForexBrokers.com, BlackBull Markets earns 4 stars and ranks #18 out of 63 for Research, while Exness scores 3.5 stars and ranks #42.
| 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 | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re a new trader looking for forex and CFD education, both BlackBull Markets and Exness make it easy to get started. Each runs regular client webinars (at least monthly) and offers sizable video libraries with beginner-friendly lessons—well over ten videos—plus advanced content for when you’re ready to go deeper. You’ll find step-by-step explainers, strategy walk-throughs, platform tips, and recorded sessions you can replay on your own schedule.
In a direct comparison, BlackBull Markets holds a slight edge for education: it’s rated 4 stars and ranks 29th out of 63 brokers on ForexBrokers.com, while Exness earns 3.5 stars and ranks 47th. For most beginners, that means BlackBull Markets provides a stronger overall learning experience, while Exness remains a solid pick if you value steady webinars and a wide range of videos.
| 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 #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
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Exness
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| Trust Score | 78 | 81 |
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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.
In this BlackBull Markets vs Exness comparison of deposit and withdrawal methods, both brokers do not support ACH or SEPA or PayPal, both support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified.
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) | |||
| 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 SCA 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 | 209 | |
| Forex Pairs (Total) | 72 | 96 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| 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 | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | Exness | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| 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 | 107 | |
| 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 | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| 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 | Yes | |
| 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 | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
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