BlackBull Markets vs Fineco 2025

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.

Regulation

BlackBull Markets, established in 2014, offers a reliable brokerage service with a focus on online trading. Although it isn't a bank or publicly traded, BlackBull Markets holds one Tier-1 license, reflecting its effort to maintain a trusted status in the industry. With a ForexBrokers.com Trust Score of 78, BlackBull Markets is viewed as having an average risk level, making it a considerable option for traders seeking a smaller, privately held broker founded in the last decade.

Fineco, founded in 1999, stands out as a highly trusted entity in the online brokerage field, and this is further emphasized by its operation as a bank. With public trading status and ownership of two Tier-1 licenses, Fineco solidifies its reputation as a reliable choice for clients. The ForexBrokers.com Trust Score of 94 reinforces its high trust factor, positioning Fineco as a superior option for those prioritizing an established and publicly acknowledged brokerage service.

Feature	BlackBull Markets	Fineco
Year Founded info	2014	1999
Publicly Traded (Listed) info	No	Yes
Bank info	No	Yes
Tier-1 Licenses info	1	2
Tier-2 Licenses info	0	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	0

Fees

BlackBull Markets’ commissions and fees are about average overall, and depend on the account you choose. The Standard account is commission-free with no minimum deposit but has wider spreads. The Prime account requires a $2,000 minimum deposit and charges a commission of $3 per side ($6 round turn) per lot in exchange for tighter pricing; in March 2024 its average EUR/USD spread was 0.16 pips, for an all-in cost around 0.76 pips after commission. The ECN Institutional account targets high-volume traders with a $20,000 minimum and $2 per side ($4 round turn) commissions. For commissions and fees, BlackBull Markets is rated 4.5/5 stars and ranks #19 out of 63 brokers.

Fineco does not publish average spread data for forex and CFD trading, which makes it hard to gauge typical costs. It lists EUR/USD spreads of 1.0 pip and 0.8 pips, but neither figure is presented as an average or tied to a date range; by comparison, 1.0 pip would generally be higher than what many leading forex brokers quote on average. Fineco does appear to offer lower spreads on some index CFDs. For commissions and fees, Fineco is rated 3.5/5 stars and ranks #52 out of 63 brokers.

Bottom line: if you want clearer, potentially lower all-in EUR/USD pricing, BlackBull’s Prime account stands out—though it comes with a higher minimum deposit. Fineco’s pricing is simpler to grasp at a glance (spread-only) but less transparent without average data, and its listed EUR/USD spreads look comparatively higher.

Feature	BlackBull Markets	Fineco
Minimum Deposit info	$0	$0
Average spread (EUR/USD) - Standard account info	0.71 info	N/A info
All-in Cost EUR/USD - Active info	0.71 info	N/A info
Non-wire bank transfer info	No	Yes
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

BlackBull Markets offers a wider range of investments than Fineco, with 26,000 tradeable symbols compared with Fineco’s 9,770. Both brokers support forex trading as CFDs or spot contracts; BlackBull offers 72 currency pairs, while Fineco lists 54. Each provides access to exchange-traded securities on U.S. exchanges (such as Apple) and international markets (such as Vodafone), allowing you to buy actual shares, not just CFDs.

Key differences include copy trading and crypto: BlackBull supports copy trading; Fineco does not. Neither broker sells delivered cryptocurrency, but only BlackBull offers cryptocurrency CFDs. Reflecting its broader lineup, ForexBrokers.com rates BlackBull Markets 5 stars and ranks it #6 out of 63 for Range of Investments, while Fineco earns 4.5 stars and ranks #17. Choose BlackBull if you want the widest selection plus copy trading and crypto CFDs; Fineco still suits investors seeking a large catalog with access to U.S. and global shares.

Feature	BlackBull Markets	Fineco
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	26000	9770
Forex Pairs (Total) info	72	54
U.S. Stocks (Shares) info	Yes	Yes
Global Stocks (Non-U.S. Shares) info	Yes	Yes
Copy Trading info	Yes	No
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	Yes	No
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.

Trading platforms and tools

BlackBull Markets and Fineco both offer web-based and Windows desktop trading, but they differ in key features. BlackBull supports MetaTrader 4 and MetaTrader 5, provides copy trading, lets you place orders directly from charts, and includes a free paper-trading demo account. Fineco, on the other hand, runs its own proprietary platform and does not offer MT4/MT5, copy trading, chart trading, or a demo account. Counts for technical indicators and watch list fields were not specified for either broker.

In independent testing by ForexBrokers.com, both brokers earned 4 stars for Trading Platforms and Tools, with Fineco ranked #18 out of 63 and BlackBull Markets ranked #31. Choose BlackBull if you want MetaTrader, copy trading, chart-based order entry, and a demo to practice. Choose Fineco if you prefer an in-house platform alongside standard web and desktop access.

Feature	BlackBull Markets	Fineco
Virtual Trading (Demo) info	Yes	No
Proprietary Desktop Trading Platform info	No	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	No
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
Charting - Indicators / Studies (Total) info	109	37
Charting - Trade From Chart info	Yes	No

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

BlackBull Markets and Fineco both deliver mobile trading apps for iPhone and Android, and each supports stock and forex price alerts. Both earned 4-star ratings for Mobile Trading Apps; however, BlackBull ranks higher in the ForexBrokers.com list (#33 of 63) than Fineco (#43 of 63), suggesting a slight edge in overall mobile experience.

Feature depth is where the apps differ. BlackBull offers watchlist syncing between mobile and web, while Fineco does not. For charting, BlackBull provides 30 technical studies, the ability to draw trendlines, and it auto-saves drawings. Fineco includes 6 technical studies and does not support trendline drawing or auto-saving chart annotations. If you want fuller charting tools and seamless watchlists, BlackBull stands out; if you only need core alerts on iPhone or Android, Fineco covers the basics.

Feature	BlackBull Markets	Fineco
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	No
Mobile Charting - Indicators / Studies info	30	6
Mobile Charting - Draw Trendlines info	Yes	No
Mobile Charting - Trendlines Autosave info	Yes	No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research between BlackBull Markets and Fineco shows clear differences. BlackBull provides daily market commentary, while Fineco does not. If you want curated forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, Fineco has it and BlackBull does not. Both brokers include an economic calendar to track upcoming events. Each earns 4 out of 5 stars for research, but BlackBull ranks higher overall (#18 of 63) than Fineco (#34 of 63) according to ForexBrokers.com.

For trading tools, BlackBull offers Autochartist for technical analysis and includes a sentiment tool that shows the ratio of long and short positions; Fineco does not provide these. Neither broker offers Trading Central tools. In short, pick BlackBull if you value daily commentary, Autochartist, and sentiment data, and choose Fineco if premium, integrated news coverage is your priority.

Feature	BlackBull Markets	Fineco
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	No	Yes
Autochartist info	Yes	No
Trading Central info	No	No
Client sentiment data info	Yes	No
TipRanks info	No
Acuity Trading info	No
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders weighing BlackBull Markets against Fineco, both brokers make it easy to get started with learning. Each hosts ongoing client webinars (at least monthly) and provides a library of 10+ beginner-friendly video lessons that cover trading basics in clear, approachable language. That combination gives newcomers a steady cadence of live guidance plus on-demand videos to build core skills.

The difference shows up as you advance. BlackBull Markets adds 10+ advanced video lessons for when you’re ready to go deeper, while Fineco does not meet that level of advanced coverage. Although both earn 4 out of 5 stars for Education, BlackBull Markets ranks higher in the category (#29 of 63) than Fineco (#49 of 63). If you want an education path that grows with you, BlackBull Markets is the stronger long-term choice; if you mainly need starter videos and regular webinars, Fineco still does the job.

Feature	BlackBull Markets	Fineco
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Fineco. BlackBull Markets finished with an overall rank of #24, while Fineco finished with an overall rank of #25.

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	Fineco
Overall Rating info
Trust Score info	78	94
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	BlackBull Markets	Fineco
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	78	94
Winner	check_circle
Review	BlackBull Markets Review	Fineco Review

Broker Screenshots	BlackBull Markets	Fineco
Broker Gallery (click to expand) info

Regulation	BlackBull Markets	Fineco
Trust Score info	78	94
Year Founded info	2014	1999
Publicly Traded (Listed) info	No	Yes
Bank info	No	Yes
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info
Tier-1 Licenses info	1	2
Tier-2 Licenses info	0	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	0

Tier-1 Licenses (Highly Trusted)	BlackBull Markets	Fineco
Australia (ASIC Authorised) info	No	Yes
Canada (CIRO Authorised) info	No	No
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	No	No
Singapore (MAS Authorised) info	No	No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info	No	Yes
USA (CFTC Authorized) info	No	No
New Zealand (FMA Authorised) info	Yes	No
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info

Tier-2 Licenses (Trusted)	BlackBull Markets	Fineco
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	No	No
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info

Investments	BlackBull Markets	Fineco
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	26000	9770
Forex Pairs (Total) info	72	54
U.S. Stocks (Shares) info	Yes	Yes
Global Stocks (Non-U.S. Shares) info	Yes	Yes
Copy Trading info	Yes	No
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	Yes	No
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	Fineco
Average spread (EUR/USD) - Standard account info	0.71 info	N/A info
All-in Cost EUR/USD - Active info	0.71 info	N/A info
Inactivity Fee info	No	No
Order execution: Agency info	No	No
Order execution: Market Maker info	Yes	No

Funding	BlackBull Markets	Fineco
Minimum Deposit info	$0	$0
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
Non-wire bank transfer info	No	Yes

Trading Platforms	BlackBull Markets	Fineco
Proprietary Desktop Trading Platform info	No	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	No
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
cTrader info	Yes	No

Trading Tools	BlackBull Markets	Fineco
Virtual Trading (Demo) info	Yes	No
Price Alerts info	Yes	No
Charting - Indicators / Studies (Total) info	109	37
Charting - Trade From Chart info	Yes	No
Charts can be saved info	Yes	Yes

Mobile Trading	BlackBull Markets	Fineco
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	No
Mobile Charting - Indicators / Studies info	30	6
Mobile Charting - Draw Trendlines info	Yes	No
Mobile Charting - Trendlines Autosave info	Yes	No
Mobile Research - Economic Calendar info	Yes	Yes

Research	BlackBull Markets	Fineco
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	No	Yes
Autochartist info	Yes	No
Trading Central info	No	No
TipRanks info	No
Client sentiment data info	Yes	No
Economic Calendar info	Yes	Yes

Education	BlackBull Markets	Fineco
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	BlackBull Markets	Fineco
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	BlackBull Markets Review	Fineco Review

Overall	BlackBull Markets	Fineco
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	78	94
Winner	check_circle
Review	BlackBull Markets Review	Fineco Review