Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs FXPrimus, 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 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 | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
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 | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at BlackBull Markets vs FXPrimus, BlackBull Markets clearly offers a wider selection. BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, while FXPrimus has roughly 140 symbols and 42 forex pairs. BlackBull also provides exchange-traded securities on both U.S. and international exchanges, so you can buy real shares like Apple or Vodafone, whereas FXPrimus does not offer real shares (only trading via derivatives). Both brokers let you trade forex as CFDs or spot, support copy trading, and offer cryptocurrency derivatives, but neither lets you buy actual crypto.
Independent ratings back up the difference in market access: 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 expansive market choice—including real shares across global exchanges—BlackBull Markets is the stronger pick. If your focus is mainly forex and a smaller set of CFD markets, FXPrimus may still meet your needs.
| Feature |
BlackBull Markets
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 140 |
| Forex Pairs (Total) | 72 | 42 |
| 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 FXPrimus both cover the basics traders expect: free demo (paper) trading, Windows desktop and web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker also lets you place trades directly from price charts. The key difference is that FXPrimus adds a proprietary, in-house platform to its lineup, while BlackBull Markets sticks to third-party platforms like MetaTrader.
Both brokers earn 4 stars for Trading Platforms and Tools. However, ForexBrokers.com ranks BlackBull Markets higher at #31 out of 63 brokers, compared with FXPrimus at #50. If you want an extra in-house platform alongside MT4/MT5, FXPrimus is appealing. If you prefer a MetaTrader-focused setup across desktop and web with chart-based trading and copy trading, BlackBull Markets gets the nod.
| Feature |
BlackBull Markets
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and FXPrimus both offer mobile trading on iPhone and Android, complete with price alerts and real-time quote watchlists. Each app supports 30 built-in technical studies, lets you draw trendlines, and auto-saves your chart drawings. In expert testing by ForexBrokers.com, both earned 4 out of 5 stars for mobile trading. However, BlackBull Markets placed higher in the Mobile Trading Apps category (#33 out of 63) compared to FXPrimus (#49 out of 63).
Key difference: BlackBull Markets syncs your watchlist across devices and your online account, while FXPrimus does not. If cross-device watchlist syncing is important to you, BlackBull Markets has the edge. If you mainly need solid charting tools, alerts, and real-time quotes on iOS or Android, both apps will cover the basics well.
| Feature |
BlackBull Markets
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
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 | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing BlackBull Markets vs FXPrimus for beginner education in forex and CFDs: both brokers host monthly client webinars to help you learn in real time. BlackBull Markets goes further for self‑paced learning, offering at least 10 beginner‑focused videos plus 10+ advanced videos you can grow into. FXPrimus does not currently match that with 10 beginner or advanced videos. It’s unclear whether either broker provides a library of 10+ forex/CFD education pieces overall, an investor dictionary, or a searchable archive of past webinars.
For overall education quality, ForexBrokers.com rates BlackBull Markets 4 stars (ranked 29th of 63) and FXPrimus 3 stars (51st of 63). If you value a deeper video lineup for newcomers, BlackBull Markets is the stronger pick; if live webinars are your priority, both deliver. Check each broker’s site for the latest materials and any webinar archives.
| Feature |
BlackBull Markets
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
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 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 |
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| Trust Score | 78 | 71 |
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Both BlackBull Markets and FXPrimus do not offer the ability to purchase actual delivered cryptocurrency, but they both offer the capability to trade in cryptocurrency derivatives.
BlackBull Markets vs FXPrimus: for deposit and withdrawal methods, neither supports ACH or SEPA transfers or PayPal, both support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified.
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 | FXPrimus | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | FXPrimus | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Trust Score | 78 | 71 | |
| Year Founded | 2014 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 140 | |
| Forex Pairs (Total) | 72 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| 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 | Yes |
| Trading Tools | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | BlackBull Markets | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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