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.
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.
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 |
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
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.16 |
| All-in Cost EUR/USD - Active | 1.13 | 0.76 |
| Non-wire bank transfer | 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.
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
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 26000 |
| Forex Pairs (Total) | 80 | 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 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
|
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.
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
|
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.
FOREX.com and BlackBull Markets both cover the basics for market research with daily market commentary, sentiment tools showing long/short ratios, and an economic calendar. The key differences are in the extras: FOREX.com streams forex news from top-tier sources like Bloomberg/Reuters-style feeds and includes Trading Central for technical and fundamental insights, while BlackBull Markets does not. BlackBull counters with Autochartist for pattern recognition, which FOREX.com lacks. Neither broker offers TipRanks or tools from Acuity Trading.
For overall research quality, FOREX.com earns 5 stars and ranks #7 out of 63 brokers with ForexBrokers.com, while BlackBull Markets scores 4.5 stars and ranks #17. In short, pick FOREX.com if you want integrated premium news and Trading Central analysis; choose BlackBull Markets if Autochartist is a must-have in your trading toolkit.
| 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 strong forex and CFD education for beginners. Each broker clears the bar of 10+ learning pieces and backs that up with monthly online webinars. New traders can start with at least 10 beginner-focused videos at either broker, then move into at least 10 advanced videos when ready. Between articles, videos, and archived webinars, both platforms make it easy to learn at your own pace.
The difference shows up in independent ratings. ForexBrokers.com gives FOREX.com 5 stars for Education and ranks it #4 out of 63 brokers, while BlackBull Markets earns 4.5 stars and ranks #24. If you want the highest-rated, more polished learning path, FOREX.com has the edge. If you’re happy with plenty of helpful lessons and regular webinars, BlackBull Markets remains a solid pick for beginners.
| 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
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 77 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 77 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
| Broker Screenshots | FOREX.com | BlackBull Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) | 5500 | 26000 | |
| Forex Pairs (Total) | 80 | 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) - Standard account | 1.00 | 1.16 | |
| All-in Cost EUR/USD - Active | 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 | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 77 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | BlackBull Markets Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill