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 and BlackBull Markets are two popular online brokers with distinct regulatory standings. FOREX.com, established in 1999, holds a prominent position in the financial markets with a ForexBrokers.com Trust Score of 99, indicating it is highly trusted. As a publicly traded entity, it carries 7 Tier-1 licenses and 1 Tier-2 license, testament to its extensive regulatory compliance. In contrast, BlackBull Markets, which was founded in 2014, is a privately held broker with a Trust Score of 78, categorized as having average risk. It holds 1 Tier-1 license but does not have any Tier-2 licenses. Neither of the brokers operates as a bank.
For those considering trading with either platform, it is notable that FOREX.com's publicly traded status and comprehensive regulatory licenses make it a secure choice according to industry standards. BlackBull Markets, while newer and carrying fewer licenses, provides a viable option for traders who are willing to engage with a broker that still meets average trust benchmarks. Ultimately, the choice between the two would depend on individual comfort levels with trust scores and regulatory assurances.
| 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 | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, both FOREX.com and BlackBull Markets earn 4.5 out of 5 stars. In ForexBrokers.com’s Commissions and Fees category, FOREX.com ranks #14 of 63, while BlackBull Markets ranks #19 of 63. Overall pricing differs by account type: FOREX.com tends to be pricier on its U.S. Standard account, but can sharpen with its commission-based RAW account and volume rebates; BlackBull’s value centers on its Prime account if you meet the minimum deposit.
FOREX.com’s Standard account (the only option for MetaTrader in the U.S.) lists typical EUR/USD spreads around 1.4 pips in the U.S. (July 2023). Outside the U.S., the EUR/USD averaged about 0.74 pips in July 2023. The newer RAW account posts typical EUR/USD spreads near 0.13 pips (February 2024) plus a base commission of $7 per standard lot ($3.50 per side), bringing the all-in cost to roughly 0.83 pips before rebates. Six volume tiers can cut costs with rebates from $2 to $9 per million; however, for many U.S.-based traders who don’t clear $50 million per month, the commission-plus-spread total can end up similar to the Standard account’s all-in pricing.
BlackBull Markets’ pricing is around the industry average and varies by account. The commission-free Standard account has wider spreads. The Prime account requires a $2,000 minimum deposit and pairs average EUR/USD spreads of 0.16 pips (March 2024) with a $3-per-side commission ($6 round turn), for an all-in cost near 0.76 pips—making it the standout choice for most traders. The ECN Institutional account targets larger deposits ($20,000+) with $2 per side commissions. Head to head on EUR/USD, BlackBull’s Prime account can undercut FOREX.com’s RAW base-tier all-in cost, while high-volume traders at FOREX.com may narrow the gap through rebates.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.4 | 0.71 |
| All-in Cost EUR/USD - Active | 0.9 | 0.71 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FOREX.com vs BlackBull Markets for range of investments: both brokers let you trade forex as CFDs and spot contracts, and both offer crypto CFDs (but not delivered cryptocurrency). FOREX.com lists about 5,500 tradeable symbols and 80 forex pairs. BlackBull Markets lists roughly 26,000 symbols and 72 forex pairs, and it also offers exchange-traded stocks on both U.S. and international exchanges (for example, Apple on Nasdaq and Vodafone on the London Stock Exchange), which FOREX.com does not.
Feature extras differ too: BlackBull supports copy trading, while FOREX.com does not. Both earn 5 out of 5 stars for range of investments, with ForexBrokers.com ranking BlackBull Markets slightly higher (#6 of 63) than FOREX.com (#7 of 63). If you want direct stock access and a very large symbol list, BlackBull may appeal; if you prefer a broker with slightly more currency pairs, FOREX.com has the edge there.
| Feature |
FOREX.com
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 26000 |
| Forex Pairs (Total) | 80 | 72 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | 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.
Comparing trading platforms and tools, both online brokers FOREX.com and BlackBull Markets provide free demo accounts, Windows desktop downloads, and web-based platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and both let you trade directly from charts. Key differences: FOREX.com offers a proprietary, in-house platform, while BlackBull Markets does not; meanwhile, BlackBull Markets supports copy trading, and FOREX.com does not.
For platform quality, ForexBrokers.com rates FOREX.com 5 stars and ranks it #7 out of 63 brokers for Trading Platforms and Tools, while BlackBull Markets earns 4 stars and ranks #31. If you want an all-in-one, broker-built platform alongside MT4/MT5, FOREX.com stands out. If copy trading is a must-have within the MT4/MT5 ecosystem, BlackBull Markets is the better fit.
| 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) | 88 | 109 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps from FOREX.com and BlackBull Markets, both brokers cover the essentials. Each offers iPhone and Android apps, price alerts, synced watchlists between mobile and web, and the ability to draw trendlines that auto-save on your charts. The standout difference is charting depth: FOREX.com provides 88 technical studies in its app, while BlackBull Markets offers 30, which may matter if you rely heavily on indicators for your trading decisions.
Independent ratings also set them apart. FOREX.com’s mobile app earns 5 stars and ranks #3 out of 63 brokers at ForexBrokers.com. BlackBull Markets scores 4 stars and ranks #33. If you want a higher-rated app with more built-in technical studies, FOREX.com has the edge. If you only need core features like alerts and synced watchlists, both apps get the job done across iPhone and Android.
| 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 | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research options at FOREX.com and BlackBull Markets, both platforms provide valuable insights with their daily market commentaries. However, FOREX.com takes the lead by offering forex news from prominent sources like Bloomberg and Reuters, whereas BlackBull Markets does not include news from such top-tier providers. In terms of analysis tools, FOREX.com offers Trading Central's technical analytics, while BlackBull Markets equips its users with tools from Autochartist.
Both brokers provide sentiment-based trading tools to better inform trading strategies and maintain comprehensive economic calendars to track critical global news events. Despite lacking some specialized tools from providers like TipRanks or Acuity Trading, FOREX.com excels with a research rating of 4.5 stars and ranks 9th out of 63 brokers according to ForexBrokers.com. By comparison, BlackBull Markets garners a 4-star rating and ranks 18th, making FOREX.com a slightly stronger contender for those prioritizing research capabilities.
| 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.
Both FOREX.com and BlackBull Markets deliver extensive forex and CFD education suitable for beginners. Each broker offers at least 10 educational pieces, runs monthly client webinars, and provides 10+ beginner videos along with 10+ advanced videos. If you’re new to trading, you’ll find step-by-step lessons, video explainers, and regular live sessions at both brokers to help you learn at your own pace.
FOREX.com stands out for overall quality: it earns 4.5 stars for Education and ranks #4 out of 63 brokers at ForexBrokers.com. BlackBull Markets also performs well with 4 stars, ranking #29. In short, both are good choices for learning the basics through videos and webinars, but beginners seeking the strongest, most highly rated education experience may prefer FOREX.com.
| 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 #5, while BlackBull Markets finished with an overall rank of #24.
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
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 78 |
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FOREX.com vs BlackBull Markets: neither online broker lets you buy actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
When comparing online broker funding methods, FOREX.com supports ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits/withdrawals, whereas BlackBull Markets does not support ACH/SEPA or PayPal but does offer Skrill and bank wires.
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 | 78 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
| Broker Screenshots | FOREX.com | BlackBull Markets | |
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| Regulation | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 99 | 78 | |
| 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 | 1 | 0 | |
| Tier-3 Licenses | 0 | 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 (SFC 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 SCA 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) | 5500 | 26000 | |
| Forex Pairs (Total) | 80 | 72 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | 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) - Standard account | 1.4 | 0.71 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.71 | |
| 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 | Yes | No |
| 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) | 88 | 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 Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | BlackBull Markets Review |
| Overall | FOREX.com | BlackBull Markets | |
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| Trust Score | 99 | 78 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
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