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FOREX.com vs BlackBull Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

FOREX.com
5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000

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

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 logoFOREX.com
BlackBull Markets logoBlackBull Markets
Year Founded info 1999 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 1

Fees

Both brokers earn 4.5 out of 5 stars for commissions and fees, but BlackBull Markets ranks higher (#9 of 63) than FOREX.com (#15 of 63). On EUR/USD, BlackBull’s Prime account averages a 0.16-pip spread plus a $6 round-turn commission per lot, for an all-in cost near 0.76 pips (March 2024). By comparison, FOREX.com’s U.S. Standard account averages about 1.4 pips, while its Raw account typically shows 0.13-pip spreads plus a $7 round-turn commission per lot, putting the all-in cost near 0.83 pips. Outside the U.S., FOREX.com’s time-weighted average spread on EUR/USD was about 0.74 pips (July 2023), which can be more competitive.

FOREX.com offers a Standard account (the only option for MetaTrader 4 users) with wider, all-in spreads and market-maker execution, and a commission-based Raw Spread account available in the U.S., Canada, and the EU. The Raw plan supports volume rebates across six tiers ($2–$9 per million). For most U.S. traders who don’t exceed roughly $50 million in monthly volume, the total trading cost on the Raw plan tends to land close to the Standard account; very high-volume clients (up to multi‑billion monthly turnover) can unlock meaningfully lower effective pricing.

BlackBull Markets’ pricing varies by account: Standard is spread‑only with no minimum deposit but higher spreads; Prime requires a $2,000 minimum and charges $3 per side ($6 round turn) with tighter spreads (0.16-pip average on EUR/USD, ~0.76 pips all-in). The ECN Institutional account targets active traders with at least $20,000 and lowers commissions to $2 per side ($4 round turn). Overall, BlackBull’s Prime plan tends to edge out FOREX.com on typical all‑in costs for EUR/USD, while both brokers deliver 4.5-star fee value in our ratings (BlackBull #9; FOREX.com #15).

Feature FOREX.com logoFOREX.com
BlackBull Markets logoBlackBull Markets
Minimum Deposit info $100 $0
Average spread (EUR/USD) - Standard account info 1.00 info 1.16 info
All-in Cost EUR/USD - Active info 1.13 info 0.76 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing the range of investments at FOREX.com vs BlackBull Markets: BlackBull lists about 26,000 tradeable symbols, while FOREX.com offers around 5,500. That said, FOREX.com edges ahead on currency choice with 80 forex pairs compared with BlackBull’s 72. Both brokers support forex trading either as CFDs or spot contracts, and both let you buy exchange-traded shares on U.S. and international markets (for example, Apple on NASDAQ and Vodafone in London). Each broker also offers cryptocurrency CFDs, but neither provides access to actual, delivered crypto.

Feature-wise, BlackBull Markets includes copy trading, whereas FOREX.com does not. For Range of Investments, both earn 5 out of 5 stars. In ForexBrokers.com’s rankings of 63 brokers, FOREX.com places #6 and BlackBull Markets places #7—so your choice may come down to whether you value BlackBull’s larger overall symbol list or FOREX.com’s slightly wider selection of forex pairs.

Feature FOREX.com logoFOREX.com
BlackBull Markets logoBlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5500 info 26000
Forex Pairs (Total) info 80 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

FOREX.com and BlackBull Markets both make it easy to get started with a free demo account for paper trading. Each broker offers a Windows desktop download and a web-based platform, and both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade directly from charts with either. One key difference: FOREX.com also provides its own proprietary platform, while BlackBull Markets does not.

If you want copy trading, BlackBull Markets includes it, whereas FOREX.com does not. According to ForexBrokers.com, FOREX.com earns 5 stars for Trading Platforms and Tools and ranks #5 out of 63 brokers, while BlackBull Markets earns 4 stars and ranks #25. In short, choose FOREX.com for an in-house platform and top-rated tools, or pick BlackBull Markets if copy trading is a must-have.

Feature FOREX.com logoFOREX.com
BlackBull Markets logoBlackBull Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 90 109
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

Both FOREX.com and BlackBull Markets offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists that carry changes between mobile and the web, trendline drawing on charts, and auto-saving of chart annotations—handy if you switch devices or close the app mid-analysis.

The main difference is charting depth. FOREX.com packs 90 technical studies into its mobile charts versus 30 with BlackBull Markets, giving active chart traders more options. That edge shows up in industry scores: FOREX.com earns 5 out of 5 stars for Mobile Trading Apps and ranks #2 out of 63 brokers at ForexBrokers.com, while BlackBull Markets earns 4 out of 5 stars and ranks #27. Choose FOREX.com if you want more indicators and higher-rated mobile charting, or pick BlackBull Markets if you need the core tools and alerts without as many study choices.

Feature FOREX.com logoFOREX.com
BlackBull Markets logoBlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 90 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, both FOREX.com and BlackBull Markets deliver daily market commentary, an economic calendar, and a handy sentiment tool that shows the ratio of long and short positions. The big differences are in third‑party content and analytics. FOREX.com includes premium forex news from top sources like Bloomberg, Reuters, or Dow Jones and offers Trading Central for technical and fundamental insights. BlackBull Markets does not carry those news feeds or Trading Central, but it does provide Autochartist for automated chart pattern scanning. Neither broker offers TipRanks or Acuity Trading tools.

In independent testing by ForexBrokers.com, FOREX.com earns 4.5 out of 5 stars for Research and ranks #7 out of 63 brokers, while BlackBull Markets scores 4 stars and ranks #16. If you value built‑in premium news and Trading Central analysis, FOREX.com is the stronger pick; if you want Autochartist for idea generation, BlackBull Markets may appeal. Both cover the essentials for staying on top of the market.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Both FOREX.com and BlackBull Markets deliver beginner-friendly forex and CFD education. Each broker runs ongoing client webinars (at least once a month) and offers a deep library of beginner videos—more than ten focused lessons to help you learn core trading concepts step by step. When you’re ready to grow, both also provide at least ten advanced videos so you can move from basics to more sophisticated strategies without switching platforms.

If education quality is your top priority, FOREX.com has the edge. It earns 4.5 out of 5 stars for Education and ranks #4 out of 63 brokers on ForexBrokers.com, while BlackBull Markets scores 4 stars and ranks #24. In short: both are solid for getting started with forex and CFDs, but FOREX.com is rated higher for its overall learning experience.

Feature FOREX.com logoFOREX.com
BlackBull Markets logoBlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoFOREX.com
BlackBull Markets logoBlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 99 78
Range of Investments 5/5 Stars 5/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with FOREX.com or BlackBull Markets?

FOREX.com vs BlackBull Markets: neither online broker lets you buy actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

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.

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Overall Rating FOREX.com BlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 78
Winner check_circle
Review FOREX.com Review BlackBull Markets Review
Broker Screenshots FOREX.com BlackBull Markets
Broker Gallery (click to expand) info
FOREX.com mobile app trading from charts. FOREX.com web platform charts. FOREX.com market news analysis. FOREX.com education beginner courses
BlackBull Markets MT5 mobile trading app BlackBull Markets MetaTrader 5 MT5 desktop platform. BlackBull Markets economic calendar. BlackBull Markets Trading Podcasts playlist.
Regulation FOREX.com BlackBull Markets
Trust Score info 99 78
Year Founded info 1999 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 7 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) FOREX.com BlackBull Markets
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) FOREX.com BlackBull Markets
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments FOREX.com BlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5500 info 26000
Forex Pairs (Total) info 80 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 info 1.00 info 1.16 info
All-in Cost EUR/USD - Active info 1.13 info 0.76 info
Inactivity Fee info Yes No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding FOREX.com BlackBull Markets
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms FOREX.com BlackBull Markets
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No Yes
Trading Tools FOREX.com BlackBull Markets
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 90 109
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FOREX.com BlackBull Markets
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 Yes
Mobile Charting - Indicators / Studies info 90 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research FOREX.com BlackBull Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education FOREX.com BlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs FOREX.com BlackBull Markets
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 FOREX.com Review BlackBull Markets Review
Overall FOREX.com BlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 78
Winner check_circle
Review FOREX.com Review BlackBull Markets Review
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