Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs FXGT.com, 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.
BlackBull Markets and FXGT.com provide distinct offerings for online traders, with key differences in their regulatory standing. Established in 2014, BlackBull Markets holds a Tier-1 license and has achieved a Trust Score of 78 out of 99 according to ForexBrokers.com, indicating an average-risk level. Unlike its competitor, BlackBull Markets does not hold any Tier-2 licenses, but its Tier-1 license still establishes a foundation of reliability for many traders. As a privately held company, it gives traders some assurance of sound practices without the complexities associated with being publicly traded.
In contrast, FXGT.com, founded in 2019, holds both a Tier-1 and a Tier-2 license, offering some level of confidence due to its regulatory coverage. However, with a Trust Score of 69 out of 99, it falls into the high-risk category, according to ForexBrokers.com. Like BlackBull Markets, it is also privately owned and not a bank, which might influence the decision-making process for prospective clients considering who to entrust with their trading activities. Despite the similar licensing landscape, the key differentiator here is the Trust Score, which suggests that BlackBull Markets may be perceived as the safer option between the two.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Year Founded | 2014 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
BlackBull Markets’ pricing is about average overall, but the account you choose matters. The commission-free Standard account has no minimum deposit and wider spreads. The Prime account lowers spreads but requires a $2,000 minimum and charges $3 per side ($6 round turn) per lot; in March 2024, the average EUR/USD spread on Prime was 0.16 pips, for an all‑in cost of about 0.76 pips once the 0.3‑pip per‑side commission is included. The ECN Institutional account targets high‑volume traders with a $20,000 minimum and $2 per side ($4 round turn) commissions. For commissions and fees, BlackBull Markets is rated 4.5/5 stars and ranked #19 out of 63 brokers by ForexBrokers.com.
FXGT.com does not publish average spread data, which makes direct cost comparisons harder. Traders may need to watch live quotes to gauge typical spreads and overall trading costs. For commissions and fees, FXGT.com is rated 3.5/5 stars and ranked #57 out of 63 brokers by ForexBrokers.com.
If you can meet the $2,000 minimum, BlackBull’s Prime account offers a clear, competitive all‑in price on EUR/USD. The Standard account suits smaller deposits but comes with higher spreads. FXGT.com’s value is less transparent without average spread figures, and its lower rating and ranking suggest pricing that may be less competitive overall.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| Average Spread EUR/USD - Standard | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets vs FXGT.com: For range of investments, BlackBull Markets clearly offers more choice. BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, while FXGT.com has 117 symbols and 53 forex pairs. Both brokers let you trade forex as CFDs or spot. A key difference is stock access: BlackBull lets clients buy actual exchange-traded shares on U.S. and international exchanges, whereas FXGT.com does not offer real shares. Both support copy trading.
Crypto access is similar at both brokers: neither sells delivered cryptocurrency, but each offers cryptocurrency derivatives. Based on scope, ForexBrokers.com rates BlackBull Markets 5 stars for Range of Investments and ranks it #6 out of 63 brokers, while FXGT.com earns 3 stars and ranks #62. In short, BlackBull suits traders and investors seeking extensive markets, including real stocks, while FXGT.com may fit those focused on a smaller lineup centered on forex and CFDs.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 117 |
| Forex Pairs (Total) | 72 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
BlackBull Markets and FXGT.com both cover the basics traders look for in platforms and tools. Each broker offers a free demo (paper) account, Windows desktop downloads, and web-based platforms. Neither has its own proprietary platform; instead, both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Copy trading is available at both, and while neither supports DupliTrade, BlackBull Markets adds ZuluTrade whereas FXGT.com does not.
For charting and day‑to‑day use, both brokers let you trade directly from charts. BlackBull Markets lists about 60 drawing tools versus FXGT.com’s 23, and watchlists include six versus five columns, respectively. The number of built-in technical indicators was not specified for either. Both earn 4 out of 5 stars for Trading Platforms and Tools, but the rankings differ: BlackBull Markets is #31 out of 63 brokers, while FXGT.com is #57 out of 63, suggesting BlackBull holds a clearer edge in this category.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 37 |
| Charting - Drawing Tools (Total) | 60 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and FXGT.com both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists that carry over between mobile and web, and building watchlists with real-time quotes. For charting on the go, both provide 30 technical studies, drawing tools like trendlines, multiple time frames (from intraday to weekly), and auto-saved chart annotations—handy for tracking stocks or forex pairs.
Where they differ is overall quality scores. BlackBull Markets earns 4 stars and ranks #33 out of 63 brokers for Mobile Trading Apps (ForexBrokers.com), while FXGT.com earns 3.5 stars and ranks #59. If you want a slightly higher-rated mobile experience, BlackBull Markets has the edge; if you simply need the essentials on iOS or Android, FXGT.com covers the key features.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
BlackBull Markets edges out FXGT.com for market research, earning 4 stars and ranking #18 out of 63 brokers, versus FXGT.com’s 3 stars and #57 ranking. BlackBull provides daily market commentary, an economic calendar, Autochartist tools for technical and fundamental scanning, and a sentiment tool showing long/short positioning. FXGT.com also offers an economic calendar and a sentiment tool, but lacks daily commentary and Autochartist. Neither broker integrates Trading Central or streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. TipRanks is not available at BlackBull; for FXGT.com, TipRanks availability is not specified.
If you want day-to-day insights and built-in chart pattern scans to help spot opportunities, BlackBull Markets is the stronger pick. FXGT.com covers the basics with sentiment and an economic calendar, which may suit traders who prefer a lighter research toolkit.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing educational resources, BlackBull Markets outpaces FXGT.com. BlackBull Markets offers a forex and CFD education hub with at least 10 learning pieces across articles, videos, and archived webinars. It runs monthly client webinars and keeps a searchable archive of past sessions. You’ll also find 10+ beginner video tutorials and 10+ advanced videos, plus an investor dictionary with 50+ terms. By contrast, FXGT.com does not meet the 10-piece education threshold, does not host monthly webinars, and has no searchable webinar archive or comparable volume of beginner and advanced videos; it does, however, provide an investor dictionary with 50+ terms.
Independent ratings reflect this gap: BlackBull Markets scores 4/5 stars for Education and ranks 29th out of 63 brokers on ForexBrokers.com, while FXGT.com earns 3/5 stars and ranks 61st. If you want structured forex and CFD education—with regular webinars, a searchable webinar archive, and a broad video library for beginners—BlackBull Markets is the more education-focused pick. If a basic trading glossary is enough, FXGT.com may cover the essentials.
| Feature |
BlackBull Markets
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than FXGT.com. BlackBull Markets finished with an overall rank of #24, while FXGT.com finished with an overall rank of #59.
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.
| Feature |
BlackBull Markets
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 69 |
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Both BlackBull Markets and FXGT.com offer the ability to trade cryptocurrency derivatives but do not provide the option to buy actual, delivered cryptocurrency.
When comparing online brokers BlackBull Markets and FXGT.com, BlackBull Markets supports Skrill, Visa/Mastercard, and bank wire transfers for deposits and withdrawals, while FXGT.com offers ACH or SEPA transfers, Visa/Mastercard, and bank wire transfers, with neither platform providing PayPal as an option.
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 | BlackBull Markets | FXGT.com | |
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| Trust Score | 78 | 69 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | FXGT.com | |
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| Regulation | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Trust Score | 78 | 69 | |
| Year Founded | 2014 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | Yes | ||
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 117 | |
| Forex Pairs (Total) | 72 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 5 | |
| Charting - Indicators / Studies (Total) | 109 | 37 | |
| Charting - Drawing Tools (Total) | 60 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | FXGT.com | |
|---|---|---|---|
| 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 | |
| Review | BlackBull Markets Review |
| Overall | BlackBull Markets | FXGT.com | |
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| Trust Score | 78 | 69 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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