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Fineco vs BlackBull Markets 2021

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.


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.

Overall Rating

Feature Fineco BlackBull Markets
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4.5 3.5
Platforms & Tools 4 4
Mobile Trading Apps 3.5 4
Research 4 3
Education 3.5 3.5
Trust Score 92 74
Fineco Review BlackBull Markets Review
65.11% of retail CFD accounts lose money
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Regulation

Feature Fineco BlackBull Markets
Trust Score 92 74
Year Founded
1999 2014
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
2 1
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature Fineco BlackBull Markets
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
CBI Authorised (Ireland)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No
FMA Authorised (New Zealand)
No Yes

Tier-2 Licenses (Average Trust)

Feature Fineco BlackBull Markets
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
SEBI Authorised (India)
No No
ISA Authorised (Israel)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
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
Cayman Islands Monetary Authority (CIMA)
No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
VFSC Authorised (Vanuatu)
No No

Investments

Feature Fineco BlackBull Markets
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
126 23000
Forex Pairs (Total)
54 72
US Stock Trading (Non CFD)
Yes Yes
Int'l Stock Trading (Non CFD)
Yes Yes
Social Trading / Copy-Trading
No Yes
Cryptocurrency (Physical)
No No
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)
All-in Cost EUR/USD - Active
N/A 0.845 (October, 2021)
Active Trader or VIP Discounts
No Yes
Execution: Agency Broker
No No
Execution: Market Maker
No Yes

Funding

Feature Fineco BlackBull Markets
Minimum Deposit
$0 $50
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature Fineco BlackBull Markets
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No
DupliTrade
No No
ZuluTrade
No Yes

Trading Tools

Feature Fineco BlackBull Markets
Virtual Trading (Demo)
No Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
7
Charting - Indicators / Studies (Total)
90 30
Charting - Drawing Tools (Total)
N/A 15
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No No

Mobile Trading

Feature Fineco BlackBull Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No No
Charting - Indicators / Studies
N/A 30
Charting - Draw Trendlines
No Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
No Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No Yes

Research

Feature Fineco BlackBull Markets
Daily Market Commentary
No Yes
Forex News (Top-Tier Sources)
Yes No
Autochartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
No Yes

Education

Feature Fineco BlackBull Markets
Has Education - Forex or CFDs
Yes No
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

Feature Fineco BlackBull Markets
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

Overall

Feature Fineco BlackBull Markets
Overall 4 4
Commissions & Fees 3.5 4
Offering of Investments 4.5 3.5
Platforms & Tools 4 4
Mobile Trading Apps 3.5 4
Research 4 3
Education 3.5 3.5
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

Read Next: Best Forex Brokers 2022


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