Is BlackBull Markets better than Fineco? In our analysis of 23 international regulators across 39 brokers, BlackBull Markets is considered average-risk, with an overall Trust Score of 74 out of 99. Learn more about Trust Score.
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Fineco vs BlackBull Markets 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | Fineco | BlackBull Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 74 |
| Fineco Review | BlackBull Markets Review | |
| 65.11% of retail CFD accounts lose money | ||
| Winner | check_circle |
Regulation
| Feature | Fineco | BlackBull Markets |
| Trust Score | 92 | 74 |
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Year Founded |
1999 | 2014 |
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Publicly Traded (Listed) |
Yes | No |
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Bank |
Yes | No |
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Tier-1 Licenses |
2 | 1 |
|
Tier-2 Licenses |
0 | 0 |
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Tier-3 Licenses |
0 | 0 |
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Authorised in the European Union |
Yes | No |
Tier-1 Licenses (High Trust)
| Feature | Fineco | BlackBull Markets |
|
ASIC Authorised (Australia) |
Yes | No |
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IIROC Authorised (Canada) |
No | No |
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SFC Authorised (Hong Kong) |
No | No |
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CBI Authorised (Ireland) |
No | No |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
No | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | No |
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CFTC Registered (USA) |
No | No |
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FMA Authorised (New Zealand) |
No | Yes |
Tier-2 Licenses (Average Trust)
| Feature | Fineco | BlackBull Markets |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
No | No |
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SEBI Authorised (India) |
No | No |
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ISA Authorised (Israel) |
No | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
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SEC Authorised (Thailand) |
No | No |
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DFSA / Central Bank Authorised (UAE) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | Fineco | BlackBull Markets |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
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Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | No | No |
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FSC Authorised (British Virgin Islands) |
No | No |
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FSC Authorised (Mauritius) |
No | No |
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VFSC Authorised (Vanuatu) |
No | No |
Investments
| Feature | Fineco | BlackBull Markets |
|
Forex Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
126 | 23000 |
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Forex Pairs (Total) |
54 | 72 |
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US Stock Trading (Non CFD) |
Yes | Yes |
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Int'l Stock Trading (Non CFD) |
Yes | Yes |
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Social Trading / Copy-Trading |
No | Yes |
|
Cryptocurrency (Physical) |
No | No |
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Cryptocurrency (CFD) |
No | Yes |
| Crypto Disclaimer (UK) | 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
| Feature | Fineco | BlackBull Markets |
|
Average Spread EUR/USD - Standard |
N/A | 0.845 (October, 2021) |
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All-in Cost EUR/USD - Active |
N/A | 0.845 (October, 2021) |
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Active Trader or VIP Discounts |
No | Yes |
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Execution: Agency Broker |
No | No |
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Execution: Market Maker |
No | Yes |
Funding
| Feature | Fineco | BlackBull Markets |
|
Minimum Deposit |
$0 | $50 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
No | Yes |
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PayPal (Deposit/Withdraw) |
No | No |
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Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | Fineco | BlackBull Markets |
|
Proprietary Platform |
Yes | No |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
No | Yes |
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MetaTrader 4 (MT4) |
No | Yes |
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MetaTrader 5 (MT5) |
No | Yes |
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cTrader |
No | No |
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DupliTrade |
No | No |
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ZuluTrade |
No | Yes |
Trading Tools
| Feature | Fineco | BlackBull Markets |
|
Virtual Trading (Demo) |
No | Yes |
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Alerts - Basic Fields |
No | Yes |
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Watchlists - Total Fields |
7 | |
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Charting - Indicators / Studies (Total) |
90 | 30 |
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Charting - Drawing Tools (Total) |
N/A | 15 |
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Charting - Trade From Chart |
No | Yes |
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Charting - Drawings Autosave |
No | No |
Mobile Trading
| Feature | Fineco | BlackBull Markets |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
No | Yes |
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Watch List |
No | Yes |
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Watch List Syncing |
No | No |
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Charting - Indicators / Studies |
N/A | 30 |
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Charting - Draw Trendlines |
No | Yes |
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Charting - Trendlines Moveable |
No | No |
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Charting - Multiple Time Frames |
No | Yes |
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Charting - Drawings Autosave |
No | Yes |
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Forex Calendar |
No | Yes |
Research
| Feature | Fineco | BlackBull Markets |
|
Daily Market Commentary |
No | Yes |
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Forex News (Top-Tier Sources) |
Yes | No |
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Autochartist |
No | No |
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Trading Central (Recognia) |
No | No |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
No | No |
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Economic Calendar |
No | Yes |
Education
| Feature | Fineco | BlackBull Markets |
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Has Education - Forex or CFDs |
Yes | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | Yes |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | Fineco | BlackBull Markets |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | Fineco | BlackBull Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 74 |
| Fineco Review | BlackBull Markets Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs Fineco.
Does BlackBull Markets or Fineco offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BlackBull Markets offers better pricing overall for traders.
Is BlackBull Markets or Fineco safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Fineco holds 2 global Tier-1 licenses, while BlackBull Markets holds 1. Both BlackBull Markets and Fineco hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Fineco earned a higher Trust Score than BlackBull Markets.
Which trading platform is better: BlackBull Markets or Fineco?
To compare the trading platforms of both BlackBull Markets and Fineco, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco offers a better experience. With research, Fineco offers superior market research. Finally, we found BlackBull Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While BlackBull Markets offers copy trading, Fineco does not. BlackBull Markets offers MetaTrader 4 (MT4), while Fineco does not.
How many forex pairs and CFDs are available to trade?
BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to Fineco's 54 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 23000 CFDs while Fineco has 126 available CFDs, a difference of 22,874.
Can I trust BlackBull Markets?
BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulators (high trust), zero tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-1 regulators: Financial Markets Authority (FMA).
Can I trust Fineco?
Is BlackBull Markets good?
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.
Is Fineco good?
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
Overall winner: Fineco
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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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