Is BlackBull Markets better than FP Markets? In our analysis of 23 international regulators across 39 brokers, BlackBull Markets is considered average-risk, with an overall Trust Score of 74 out of 99. FP Markets is considered average-risk, with an overall Trust Score of 82 out of 99. Learn more about Trust Score.
FP Markets vs BlackBull Markets 2021
Overall Rating
Feature | FP Markets | BlackBull Markets |
Overall | ||
Commissions & Fees | ||
Offering of Investments | ||
Platforms & Tools | ||
Mobile Trading Apps | ||
Research | ||
Education | ||
Trust Score | 82 | 74 |
FP Markets Review | BlackBull Markets Review | |
Winner | check_circle |
Regulation
Feature | FP Markets | BlackBull Markets |
Trust Score | 82 | 74 |
Year Founded |
2005 | 2014 |
Publicly Traded (Listed) |
No | No |
Bank |
No | No |
Tier-1 Licenses |
1 | 1 |
Tier-2 Licenses |
1 | 0 |
Tier-3 Licenses |
0 | 0 |
Authorised in the European Union |
Yes | No |
Tier-1 Licenses (High Trust)
Feature | FP Markets | BlackBull Markets |
ASIC Authorised (Australia) |
Yes | No |
IIROC Authorised (Canada) |
No | No |
SFC Authorised (Hong Kong) |
No | No |
CBI Authorised (Ireland) |
No | No |
FSA Authorised (Japan) |
No | No |
MAS Authorised (Singapore) |
No | No |
FINMA Authorised (Switzerland) |
No | No |
FCA Authorised (UK) |
No | No |
CFTC Registered (USA) |
No | No |
FMA Authorised (New Zealand) |
No | Yes |
Tier-2 Licenses (Average Trust)
Feature | FP Markets | BlackBull Markets |
CBRC Authorised (China) |
No | No |
CySEC Authorised (Cyprus) |
Yes | No |
SEBI Authorised (India) |
No | No |
ISA Authorised (Israel) |
No | No |
CBR Authorised (Russia) |
No | No |
FSCA Authorised (South Africa) |
No | No |
SEC Authorised (Thailand) |
No | No |
DFSA / Central Bank Authorised (UAE) |
No | No |
Tier-3 Licenses (Low Trust)
Feature | FP Markets | BlackBull Markets |
SCB Authorised (Bahamas) | No | No |
IFSC Authorised (Belize) | No | No |
Cayman Islands Monetary Authority (CIMA) |
No | No |
BMA Authorised (Bermuda) | No | No |
FSC Authorised (British Virgin Islands) |
No | No |
FSC Authorised (Mauritius) |
No | No |
VFSC Authorised (Vanuatu) |
No | No |
Investments
Feature | FP Markets | BlackBull Markets |
Forex Trading |
Yes | Yes |
CFD Trading |
Yes | Yes |
Tradeable Symbols (Total) |
9790 | 23000 |
Forex Pairs (Total) |
63 | 72 |
US Stock Trading (Non CFD) |
No | Yes |
Int'l Stock Trading (Non CFD) |
No | Yes |
Social Trading / Copy-Trading |
Yes | Yes |
Cryptocurrency (Physical) |
No | No |
Cryptocurrency (CFD) |
Yes | Yes |
Crypto Disclaimer (UK) | 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
Feature | FP Markets | BlackBull Markets |
Average Spread EUR/USD - Standard |
1.2 (September 2021) | 0.845 (October, 2021) |
All-in Cost EUR/USD - Active |
0.7 (September 2021) | 0.845 (October, 2021) |
Active Trader or VIP Discounts |
Yes | Yes |
Execution: Agency Broker |
No | No |
Execution: Market Maker |
Yes | Yes |
Funding
Feature | FP Markets | BlackBull Markets |
Minimum Deposit |
$100 AUD | $50 |
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
PayPal (Deposit/Withdraw) |
Yes | No |
Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
Feature | FP Markets | BlackBull Markets |
Proprietary Platform |
Yes | No |
Desktop Platform (Windows) |
Yes | Yes |
Web Platform |
Yes | Yes |
Social Trading / Copy-Trading |
Yes | Yes |
MetaTrader 4 (MT4) |
Yes | Yes |
MetaTrader 5 (MT5) |
Yes | Yes |
cTrader |
No | No |
DupliTrade |
No | No |
ZuluTrade |
No | Yes |
Trading Tools
Feature | FP Markets | BlackBull Markets |
Virtual Trading (Demo) |
Yes | Yes |
Alerts - Basic Fields |
Yes | Yes |
Watchlists - Total Fields |
7 | 7 |
Charting - Indicators / Studies (Total) |
30 | 30 |
Charting - Drawing Tools (Total) |
15 | 15 |
Charting - Trade From Chart |
Yes | Yes |
Charting - Drawings Autosave |
No | No |
Mobile Trading
Feature | FP Markets | BlackBull Markets |
Android App |
Yes | Yes |
Apple iOS App |
Yes | Yes |
Alerts - Basic Fields |
Yes | Yes |
Watch List |
Yes | Yes |
Watch List Syncing |
No | No |
Charting - Indicators / Studies |
MetaTrader (Default) | 30 |
Charting - Draw Trendlines |
Yes | Yes |
Charting - Trendlines Moveable |
No | No |
Charting - Multiple Time Frames |
Yes | Yes |
Charting - Drawings Autosave |
Yes | Yes |
Forex Calendar |
Yes | Yes |
Research
Feature | FP Markets | BlackBull Markets |
Daily Market Commentary |
Yes | Yes |
Forex News (Top-Tier Sources) |
Yes | No |
Autochartist |
Yes | No |
Trading Central (Recognia) |
No | No |
Delkos Research |
No | No |
Social Sentiment - Currency Pairs |
Yes | No |
Economic Calendar |
Yes | Yes |
Education
Feature | FP Markets | BlackBull Markets |
Has Education - Forex or CFDs |
Yes | No |
Client Webinars |
Yes | No |
Client Webinars (Archived) |
Yes | Yes |
Videos - Beginner Trading Videos |
Yes | Yes |
Videos - Advanced Trading Videos |
Yes | No |
Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
Feature | FP Markets | BlackBull Markets |
GBP/USD |
Yes | Yes |
USD/JPY |
Yes | Yes |
EUR/USD |
Yes | Yes |
USD/CHF |
Yes | Yes |
USD/CAD |
Yes | Yes |
NZD/USD |
Yes | Yes |
AUD/USD |
Yes | Yes |
Overall
Feature | FP Markets | BlackBull Markets |
Overall | ||
Commissions & Fees | ||
Offering of Investments | ||
Platforms & Tools | ||
Mobile Trading Apps | ||
Research | ||
Education | ||
Trust Score | 82 | 74 |
FP Markets Review | BlackBull Markets Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs FP Markets.
Does BlackBull Markets or FP Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FP Markets offers better pricing overall for traders.
Is BlackBull Markets or FP Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both BlackBull Markets and FP Markets hold 1 global Tier-1 licenses. FP Markets holds 1 global Tier-2 licenses, while BlackBull Markets holds 0. In our analysis of 23 international regulators across 50 brokers, FP Markets earned a higher Trust Score than BlackBull Markets.
Which trading platform is better: BlackBull Markets or FP Markets?
To compare the trading platforms of both BlackBull Markets and FP Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FP Markets offers a better experience. With research, FP Markets offers superior market research. Finally, we found FP Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. BlackBull Markets and FP Markets both offer copy trading. Both BlackBull Markets and FP Markets offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to FP Markets's 63 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 23000 CFDs while FP Markets has 9790 available CFDs, a difference of 13,210.
Can I trust BlackBull Markets?
BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulators (high trust), zero tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-1 regulators: Financial Markets Authority (FMA).
Can I trust FP Markets?
FP Markets is not publicly traded and does not operate a bank. FP Markets is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FP Markets is authorised by the following tier-1 regulator: Australian Securities & Exchange Commission (ASIC).
Is BlackBull Markets good?
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.
Is FP Markets good?
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 8,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
Overall winner: FP Markets
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