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 | 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 it comes to range of investments, BlackBull Markets offers far more variety than Exness. BlackBull lists about 26,000 tradeable symbols versus 227 at Exness. Exness does carry more forex pairs (96 vs 72), but BlackBull stands out for multi-asset access, including exchange-traded securities on both U.S. and international exchanges—so you can buy real shares like Apple or Vodafone. Exness does not offer real stock dealing. Both brokers support forex trading via CFDs/spot, provide copy trading, and offer cryptocurrency exposure through derivatives rather than actual coins.
Independent ratings reflect this breadth: BlackBull Markets scores 5 stars for Range of Investments and ranks #6 out of 63 brokers on ForexBrokers.com, while Exness earns 3.5 stars and ranks #56. Choose BlackBull if you want a wide product list and access to real shares; pick Exness if you mainly want a larger selection of forex pairs within a simpler lineup.
| 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.
BlackBull Markets and Exness both offer free demo accounts and let you trade on Windows desktop and the web. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and both allow placing orders straight from charts. The key difference: Exness also provides its own proprietary platform, while BlackBull Markets sticks to third‑party options. Copy trading is available at both brokers; BlackBull integrates ZuluTrade whereas Exness does not. Neither firm supports DupliTrade.
For charting, BlackBull lists 60 drawing tools versus 87 at Exness; indicator counts were not specified. Watchlists are flexible at both, with six data columns at BlackBull and seven at Exness. For Trading Platforms and Tools, both earned 4 out of 5 stars from ForexBrokers.com, with Exness ranked #26 out of 63 brokers and BlackBull Markets ranked #31. In short, choose BlackBull if you want MT4/MT5 plus ZuluTrade access, or pick Exness if you prefer having a proprietary platform and a few more charting and watchlist options.
| 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.
BlackBull Markets vs Exness: both forex brokers offer full-featured mobile trading apps for iPhone and Android, with real-time quotes and price alerts. A key difference is watchlists: BlackBull Markets syncs your symbols between the mobile app and your online account, while Exness does not, which can matter if you switch between phone and desktop during the day.
For charting, Exness includes 35 technical studies compared with 30 at BlackBull Markets, and both apps let you draw trendlines and switch among multiple time frames. BlackBull Markets auto-saves your chart drawings; Exness does not. Both earned 4-star ratings for mobile trading apps, with ForexBrokers.com ranking Exness #26 of 63 brokers and BlackBull Markets #33. If you value synced watchlists and saved drawings, BlackBull Markets is appealing; if you want a few more built-in indicators, Exness has the edge.
| 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.
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 | 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 |
|
|
| Trust Score | 78 | 81 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | BlackBull Markets | Exness | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
| Broker Screenshots | BlackBull Markets | Exness | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill