BlackBull Markets vs FXPrimus 2025

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

BlackBull Markets and FXPrimus are both online brokerages that cater to forex traders, but they differ in several important ways. Founded in 2014, BlackBull Markets operates with one Tier-1 license, which is recognized as a highly trusted regulatory endorsement. FXPrimus, established earlier in 2009, similarly holds one Tier-1 license. According to ForexBrokers.com, BlackBull Markets has a Trust Score of 78, categorizing it as an average risk broker. Meanwhile, FXPrimus holds a slightly lower Trust Score of 71, still placing it in the average risk category.

Neither BlackBull Markets nor FXPrimus is publicly traded or functions as a bank. Both brokers provide platforms for traders but lack Tier-2 licenses, which are generally associated with trusted brokers. These risk factors, along with their non-public status, play significant roles in evaluating the potential credibility and reliability of each broker.

Feature	BlackBull Markets	FXPrimus
Year Founded info	2014	2009
Publicly Traded (Listed) info	No	No
Bank info	No	No
Tier-1 Licenses info	1	1
Tier-2 Licenses info	0	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	1

Fees

For commissions and fees, BlackBull Markets scores 4.5/5 stars and ranks #19 out of 63 brokers, while FXPrimus scores 4/5 stars and ranks #43 out of 63. That means BlackBull Markets edges ahead in our pricing evaluation, though both are competitive choices for forex traders.

BlackBull Markets’ trading costs are about average overall, and depend on the account you choose. The Standard account is commission-free with no minimum deposit but has higher spreads. The Prime account requires a $2,000 minimum and charges a $3-per-side ($6 round turn) commission; in March 2024, its average EUR/USD spread was 0.16 pips, with an all-in cost of about 0.76 pips after commission. Active traders can opt for the ECN Institutional account (minimum $20,000) with $2 per side ($4 round turn) commissions.

FXPrimus does not publish average spread data, which makes direct cost comparisons harder. Still, based on our scoring, it earns 4/5 stars for commissions and fees and ranks #43 of 63. If you value transparent, low spreads via a commission plan, BlackBull’s Prime account is likely the better fit; if you prefer commission-free simplicity, compare BlackBull’s Standard account against FXPrimus’ live quotes to see which offers the better effective price for your trading style.

Feature	BlackBull Markets	FXPrimus
Minimum Deposit info	$0	$100
Average spread (EUR/USD) - Standard account info	0.71 info	N/A info
All-in Cost EUR/USD - Active info	0.71 info	N/A info
Non-wire bank transfer info	No	No
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

BlackBull Markets and FXPrimus both let you trade forex as CFDs or spot, and each supports copy trading. The big difference is breadth: BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, while FXPrimus offers around 140 symbols and 42 pairs. Only BlackBull lets clients buy exchange‑traded shares directly on U.S. and international exchanges, whereas FXPrimus does not offer direct stock ownership. For crypto, both brokers provide cryptocurrency CFDs but do not support buying actual coins.

These differences show up in independent ratings: BlackBull Markets earns 5 stars for Range of Investments and ranks #6 out of 63 brokers on ForexBrokers.com, while FXPrimus holds 3.5 stars and ranks #60. If you want a wider selection—including real stocks across U.S. and global markets—BlackBull Markets stands out; if you need a smaller lineup with the basics, FXPrimus covers the essentials.

Feature	BlackBull Markets	FXPrimus
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	26000	140
Forex Pairs (Total) info	72	42
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	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

BlackBull Markets and FXPrimus both check the big boxes for traders who want flexible trading platforms and practical tools. Each offers a free demo account for paper trading, desktop software for Windows, and a web platform. Both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), enable copy trading, and let you place orders directly from charts.

The key platform difference is ownership: BlackBull Markets relies on third-party platforms, while FXPrimus also provides its own proprietary platform in addition to MT4/MT5. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools, with BlackBull ranked #31 of 63 and FXPrimus ranked #50 of 63. If you want a broker with a higher platforms/tools ranking and a focus on MetaTrader, BlackBull has the edge; if you prefer having an in-house platform option alongside MetaTrader, FXPrimus stands out.

Feature	BlackBull Markets	FXPrimus
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	No	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes
MetaTrader 4 (MT4) info	Yes	Yes
MetaTrader 5 (MT5) info	Yes	Yes
Charting - Indicators / Studies (Total) info	109	30
Charting - Trade From Chart info	Yes	Yes

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

Forex trading apps

Comparing BlackBull Markets vs FXPrimus for mobile trading, both brokers offer iPhone and Android apps with price alerts, 30 technical studies for charting, trendline drawing, and auto‑saved drawings. Each app earns a 4‑star rating for Mobile Trading Apps, so the core features and overall quality are closely matched.

The key difference is watchlist syncing: BlackBull Markets syncs your watchlists between the mobile app and your online account, while FXPrimus does not. That added convenience helps BlackBull Markets edge ahead in rankings—#33 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, compared with FXPrimus at #49. If synced watchlists matter to you, BlackBull Markets is the better pick; otherwise, both deliver similar charting and alert tools on iOS and Android.

Feature	BlackBull Markets	FXPrimus
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	No
Mobile Charting - Indicators / Studies info	30	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes

Dive deeper: Best Forex Trading Apps.

Market research

BlackBull Markets and FXPrimus both provide daily market commentary and an economic calendar, giving traders regular updates and a clear view of upcoming events. Neither broker streams forex news from major outlets like Bloomberg or Reuters, and both lack Trading Central tools. Where BlackBull Markets steps ahead is with extra research features: it offers Autochartist for technical analysis and a sentiment tool that shows the ratio of long vs. short positions across instruments—helpful for gauging crowd behavior. FXPrimus does not provide these two tools.

Independent ratings reflect the gap. For market research, BlackBull Markets earns 4 out of 5 stars and ranks #18 of 63 brokers at ForexBrokers.com, while FXPrimus holds 3 out of 5 stars and ranks #59. If you want added analysis features like Autochartist and sentiment data, BlackBull Markets is the stronger pick; if you only need basic commentary and a calendar, both brokers cover those essentials.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing BlackBull Markets vs FXPrimus for beginner education, both brokers host online educational webinars at least once a month—great for learning in real time. BlackBull Markets stands out with at least 10 beginner-focused trading videos, while FXPrimus does not meet that bar. Independent ratings back this up: BlackBull earns 4 out of 5 stars for Education and ranks 29th out of 63 brokers on ForexBrokers.com, whereas FXPrimus scores 3 stars and ranks 51st. For new forex and CFD traders who want a larger on-demand video library, BlackBull is likely the stronger choice.

As you progress, BlackBull also provides at least 10 advanced trading videos, giving beginners a clear path to more advanced topics; FXPrimus doesn’t offer that depth in video content. Since both run regular webinars, traders who prefer live sessions can learn with either broker. If you value a bigger set of beginner videos and higher third-party education ratings, BlackBull Markets has the edge. If you only need periodic webinars and lighter study materials, FXPrimus may be sufficient.

Feature	BlackBull Markets	FXPrimus
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	No
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than FXPrimus. BlackBull Markets finished with an overall rank of #24, while FXPrimus finished with an overall rank of #53.

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	FXPrimus
Overall Rating info
Trust Score info	78	71
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

Can you trade cryptocurrency with BlackBull Markets or FXPrimus?

What funding options does each broker offer?

×

×

Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next

Overall Rating	BlackBull Markets	FXPrimus
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	78	71
Winner	check_circle
Review	BlackBull Markets Review

Broker Screenshots	BlackBull Markets	FXPrimus
Broker Gallery (click to expand) info

Regulation	BlackBull Markets	FXPrimus
Trust Score info	78	71
Year Founded info	2014	2009
Publicly Traded (Listed) info	No	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info
Tier-1 Licenses info	1	1
Tier-2 Licenses info	0	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	1

Tier-1 Licenses (Highly Trusted)	BlackBull Markets	FXPrimus
Australia (ASIC Authorised) info	No	No
Canada (CIRO Authorised) info	No	No
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	No	No
Singapore (MAS Authorised) info	No	No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info	No	No
USA (CFTC Authorized) info	No	No
New Zealand (FMA Authorised) info	Yes	No
Regulated in one or more EU or EEA countries (MiFID). info	No info	Yes info

Tier-2 Licenses (Trusted)	BlackBull Markets	FXPrimus
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	No	No
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info

Investments	BlackBull Markets	FXPrimus
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	26000	140
Forex Pairs (Total) info	72	42
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	Yes	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	BlackBull Markets	FXPrimus
Average spread (EUR/USD) - Standard account info	0.71 info	N/A info
All-in Cost EUR/USD - Active info	0.71 info	N/A info
Inactivity Fee info	No	No
Order execution: Agency info	No	No
Order execution: Market Maker info	Yes	Yes

Funding	BlackBull Markets	FXPrimus
Minimum Deposit info	$0	$100
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	Yes
Bank Wire (Deposit/Withdraw) info	Yes
Non-wire bank transfer info	No	No

Trading Platforms	BlackBull Markets	FXPrimus
Proprietary Desktop Trading Platform info	No	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	Yes	Yes
MetaTrader 4 (MT4) info	Yes	Yes
MetaTrader 5 (MT5) info	Yes	Yes
cTrader info	Yes	Yes

Trading Tools	BlackBull Markets	FXPrimus
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	109	30
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	BlackBull Markets	FXPrimus
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	No
Mobile Charting - Indicators / Studies info	30	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	BlackBull Markets	FXPrimus
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	Yes	No
Trading Central info	No	No
TipRanks info	No
Client sentiment data info	Yes	No
Economic Calendar info	Yes	Yes

Education	BlackBull Markets	FXPrimus
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	No
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	BlackBull Markets	FXPrimus
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	BlackBull Markets Review

Overall	BlackBull Markets	FXPrimus
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	78	71
Winner	check_circle
Review	BlackBull Markets Review