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.
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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 Markets comes out ahead on commissions and fees. BlackBull’s trading costs are around average for the industry and depend on the account you pick. Its Standard account is commission-free, while the Prime account has lower spreads and charges $3 per side, or $6 round turn per lot, with a $2,000 minimum deposit. Its ECN Institutional account is built for larger-volume traders, with commissions of $2 per side, or $4 round turn, and a $20,000 minimum deposit. BlackBull Markets is rated 4.5 stars and ranked #9 out of 36 brokers for commissions and fees.
Exness also gives traders several choices, including standard and professional accounts, plus social copy trading options. Its commission-free accounts, such as Standard Cent and Standard, generally have higher spreads, while the Pro account offers lower spreads and can use either instant or market execution. For traders who want tighter pricing, Exness offers the Zero Spread account, which charges a commission, and the Raw account, which charges up to $7 per round turn lot. Exness is rated 4 stars and ranked #32 out of 36 brokers for commissions and fees.
In simple terms, BlackBull Markets tends to offer better overall value for trading costs, especially on its Prime account, while Exness gives more account variety and some low-spread options for certain trading styles. If keeping commissions and fees low is your main goal, BlackBull Markets is the stronger pick of the two.
| 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.
BlackBull Markets offers a wider range of investments than Exness, making it a stronger fit for traders who want more choice. Both brokers support forex trading as CFDs or spot contracts, and both offer cryptocurrency CFDs, but BlackBull Markets stands out with about 26,000 tradeable symbols compared with Exness’s 239. It also offers 72 forex pairs, plus access to exchange-traded shares on both U.S. and international markets, which lets clients buy real stocks such as Apple or Vodafone. BlackBull Markets also includes copy trading, while Exness does not.
Exness still provides a solid forex offering, with 78 tradeable currency pairs versus BlackBull Markets’ 72, but its overall investment range is much smaller. It does not offer exchange-traded securities on U.S. or international exchanges, and it does not support copy trading. This difference is reflected in third-party ratings: BlackBull Markets scores 5 out of 5 for Range of Investments and ranks 7th out of 36 brokers on ForexBrokers.com, while Exness scores 3.5 out of 5 and ranks 35th.
| 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 offer mobile trading apps for iPhone and Android, making it easy to trade from almost anywhere. Each app also includes stock or forex price alerts, watchlist symbol syncing between mobile and online accounts, and the ability to draw trendlines on charts. In terms of overall mobile trading app ratings, both brokers earn 4 out of 5 stars, so they are fairly evenly matched on the basics.
The main difference comes down to charting tools and app ranking. Exness offers 100 technical studies in its mobile app, while BlackBull Markets offers 30, giving Exness more charting options for traders who want deeper analysis. BlackBull Markets does have one handy feature that Exness lacks: auto-saving drawings on charts. Still, Exness ranks higher for mobile trading apps overall, placing #18 out of 36 brokers compared with BlackBull Markets at #28.
| 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, making it easy to keep track of major news events and updates. BlackBull Markets also stands out with Autochartist and a sentiment tool that shows how traders are positioned across currency pairs and other instruments, which can help with idea generation and timing. Exness, on the other hand, adds forex news from top sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central research tools such as Technical Analytics, which may appeal to traders who want more in-depth market signals.
Overall, BlackBull Markets has the edge in market research, earning 4.5 out of 5 stars and ranking #17 out of 36 brokers for Research on ForexBrokers.com. Exness is still a solid choice, but it scores 3.5 out of 5 stars and ranks #32. If you want more built-in trading tools and sentiment data, BlackBull Markets may be the stronger pick; if you prefer premium news coverage and Trading Central insights, Exness could be the better fit.
| 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
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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) - 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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