Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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FOREX.com vs. BlackBull Markets: FOREX.com was founded in 1999 and is publicly traded, while BlackBull Markets launched in 2014 and is not publicly traded; neither firm is a bank. According to ForexBrokers.com’s Trust Score scale (90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, below 59 not trusted), FOREX.com scores 99 (highly trusted) and BlackBull Markets scores 77 (average risk).
On regulation, Tier-1 licenses are viewed as highly trusted and Tier-2 as trusted. FOREX.com holds seven Tier-1 licenses and two Tier-2 licenses, showing a wider regulatory footprint across top-tier authorities. BlackBull Markets holds one Tier-1 license and no Tier-2 licenses, indicating a more limited set of regulatory approvals.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
FOREX.com and BlackBull Markets both earn strong marks for commissions and fees, with each broker rated 4.5 out of 5 stars. In ForexBrokers.com’s rankings for this category, FOREX.com places #15 out of 36 brokers, while BlackBull Markets ranks higher at #9 out of 36. That said, the better fit depends on how you trade and which account type you choose.
FOREX.com is often a bit pricier than the industry average, especially on its Standard account, which has wider spreads in the U.S. The broker’s RAW account offers lower spreads and commission-based pricing, and can be a better pick for active traders, especially outside the U.S. Still, for many U.S. traders, the all-in cost of the commission account is similar to the Standard account unless trading volume is very high.
BlackBull Markets has average trading costs overall, with pricing that changes by account type. Its Standard account is commission-free but usually comes with higher spreads, while the Prime account offers tighter spreads plus a commission, making it the better choice for many traders. BlackBull’s ECN Institutional account is aimed at larger traders, with even lower commissions for those who meet the higher deposit requirement.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.00 | 1.16 |
| All-in Cost EUR/USD - Raw spread account | 1.13 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FOREX.com and BlackBull Markets for range of investments, both brokers give traders access to forex as either a CFD or spot contract, plus the ability to trade exchange-traded shares on both U.S. and international markets. Each also offers cryptocurrency CFDs, though neither lets clients buy actual delivered crypto. Both brokers earn 5 out of 5 stars for range of investments, showing that each covers a wide mix of markets for everyday traders.
The main difference is scale. FOREX.com lists 7,000 tradeable symbols and 55 forex pairs, while BlackBull Markets offers a much larger lineup with 26,000 tradeable symbols and 72 forex pairs. BlackBull Markets also includes copy trading, which FOREX.com does not. In ForexBrokers.com’s rankings, FOREX.com places slightly ahead at #6 out of 36 brokers for range of investments, while BlackBull Markets sits at #7.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7000 | 26000 |
| Forex Pairs (Total) | 55 | 72 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| 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.
FOREX.com and BlackBull Markets both give traders a strong set of platform choices, including free demo accounts, Windows desktop downloads, web-based trading, MetaTrader 4, MetaTrader 5, and the option to trade directly from charts. Both brokers also support tools for charting and watch lists, making it easy to track markets and manage trades from different devices.
The biggest difference is that FOREX.com offers its own in-house trading platform, while BlackBull Markets does not. BlackBull Markets, however, stands out for copy trading, which FOREX.com does not provide. In ratings for Trading Platforms and Tools, FOREX.com earns 5 out of 5 stars and ranks #5 out of 36 brokers, while BlackBull Markets scores 4 out of 5 stars and ranks #26, giving FOREX.com the edge overall in this category.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 90 | 109 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and BlackBull Markets both make mobile trading easy for iPhone and Android users, and each app includes price alerts, watchlist syncing with the web account, trendline drawing, and automatic saving of chart drawings. For traders who want a simple way to track markets on the go, both brokers cover the main features most people look for in a mobile app.
The key difference is in charting tools and overall app quality. FOREX.com offers 90 technical studies in its mobile app, compared with 30 at BlackBull Markets, which gives FOREX.com a clear edge for chart analysis. That stronger app experience is reflected in its 5-star mobile trading app rating and #2 ranking out of 36 brokers by ForexBrokers.com, while BlackBull Markets is rated 4 stars and ranked #29.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 90 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, FOREX.com and BlackBull Markets both give traders daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking upcoming global events. Both brokers also cover the basics well for staying informed about the markets day to day. However, FOREX.com has a clear edge for news and analysis, since it offers forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central tools for technical and fundamental research. BlackBull Markets does not include those news feeds or Trading Central, but it does offer Autochartist, which FOREX.com does not.
Overall, FOREX.com is the stronger choice for research, earning 5 out of 5 stars and ranking #7 out of 36 brokers for the Research category at ForexBrokers.com. BlackBull Markets is still a solid option, with a 4.5-star research rating and a #17 ranking, but it has fewer built-in research resources than FOREX.com. If you want more third-party news and advanced analysis tools, FOREX.com has the better market research package.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, FOREX.com and BlackBull Markets both give learners plenty to work with. Each broker offers forex or CFDs education with at least 10 learning pieces, plus online educational webinars at least once a month. They also both provide 10 or more beginner videos and 10 or more advanced videos, so new traders and more experienced users can find material that matches their level.
That said, FOREX.com stands out for education overall. It earns a 5-star education rating and ranks #4 out of 36 brokers at ForexBrokers.com, while BlackBull Markets holds a 4.5-star rating and ranks #25. If you want the broker with the stronger track record for beginner-friendly learning resources and broader educational support, FOREX.com has the edge, though BlackBull Markets still offers a solid set of tools for those starting out.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| 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 FOREX.com is better than BlackBull Markets. FOREX.com finished with an overall rank of #4, while BlackBull Markets finished with an overall rank of #22.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 77 |
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FOREX.com vs BlackBull Markets: neither online broker lets you buy actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
Online brokers FOREX.com and BlackBull Markets both support ACH/SEPA, Skrill, and bank wire deposits/withdrawals, but only FOREX.com offers PayPal, while Visa/Mastercard availability is not specified for either broker.
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 | FOREX.com | BlackBull Markets | |
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| Trust Score | 99 | 77 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
| Broker Screenshots | FOREX.com | BlackBull Markets | |
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| Broker Gallery (click to expand) |
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| Regulation | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 99 | 77 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7000 | 26000 | |
| Forex Pairs (Total) | 55 | 72 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| 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 | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.00 | 1.16 | |
| All-in Cost EUR/USD - Raw spread account | 1.13 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 109 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 90 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | FOREX.com Review | BlackBull Markets Review |
| Overall | FOREX.com | BlackBull Markets | |
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| Trust Score | 99 | 77 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
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