Written by ForexBrokers.com
In this head to head comparison of FxPro vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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FxPro and BlackBull Markets are two prominent online brokers, each with distinct trust profiles and regulatory backgrounds. Founded in 2006, FxPro is a bank, enhancing its overall trustworthiness. It holds two Tier-1 licenses, a key marker of being highly trusted, and one Tier-2 license, suggesting additional credibility. Its commitment to client security and transparency is reflected in a high Trust Score of 93 according to ForexBrokers.com. Despite not being publicly traded, FxPro's regulatory standing and bank status significantly contribute to its reliability.
Established in 2014, BlackBull Markets presents itself as a trusted broker with a Trust Score of 78. While not a bank and lacking Tier-2 licenses, it holds one Tier-1 license, indicating a level of high trust recognition. While it might not match FxPro's regulatory depth, BlackBull Markets demonstrates a commitment to trust and service, bolstered by its operating history since its founding year. The focus on securing regulatory licenses and ensuring client protection is evident, aiming to establish confidence among traders despite not being listed on a stock exchange.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 2006 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees between FxPro and BlackBull Markets, it becomes clear that BlackBull Markets holds a slight advantage. FxPro's pricing is higher than the industry average with a mixed approach to execution on its MetaTrader 4 platform, where traders can opt for either variable or fixed spreads. The cTrader platform at FxPro offers the most competitive spreads with a commission-based structure, featuring an effective spread of roughly 1.27 pips for the EUR/USD pair. However, this is still higher than BlackBull Markets' offering. Notably, FxPro is rated 4 out of 5 stars and ranks #32 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
BlackBull Markets, with a slightly lower pricing edge, offers three account types, each with varying costs and deposit requirements. The Prime account stands out with an average spread of 0.16 on the EUR/USD, resulting in an all-in cost of 0.76 pips when factoring in the per-side commission. This makes the Prime account more appealing compared to the Standard account, which has no commission but higher spreads. For serious traders, the ECN Institutional account provides a more exclusive choice with attractive commission rates for those depositing at least $20,000. BlackBull Markets earns a higher rating with 4.5 stars and ranks #18 out of 63 brokers for its commissions and fees according to ForexBrokers.com.
In essence, while both brokers offer valuable features, BlackBull Markets stands out with its competitive pricing structure, especially for those opting for its Prime account. FxPro offers a variety of platforms, but the associated spreads and fees make it a slightly more expensive option in comparison. Both brokers cater to different types of traders, but those looking for lower fees and tighter spreads might lean towards BlackBull Markets for more cost-effective trading experiences.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.51 | 0.71 |
| All-in Cost EUR/USD - Active | 1.27 | 0.71 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and BlackBull Markets both offer impressive investment opportunities, catering to a wide variety of traders. FxPro provides access to forex trading through both CFDs and spot contracts, featuring 2249 tradeable symbols with 70 forex pairs. While it offers international exchange-traded securities, it does not provide direct access to U.S. market shares. FxPro clients can benefit from copy trading and have options to invest in cryptocurrency derivatives, but not in actual cryptocurrencies. Rated 4 stars for their Range of Investments, FxPro ranks #28 among 63 brokers according to ForexBrokers.com, highlighting a solid selection for forex enthusiasts.
In comparison, BlackBull Markets excels with a more extensive array of options, providing 26000 tradeable symbols and 72 forex pairs. Like FxPro, traders can engage in forex trading via CFDs or spot contracts and invest in both U.S. and international exchange-traded securities, offering greater flexibility in stock market investments. Copy trading and cryptocurrency derivative trading are also available, although direct cryptocurrency purchasing is not supported. BlackBull Markets has a 5-star rating for their Range of Investments, holding an impressive rank of #6 out of 63 brokers. This positions BlackBull Markets as a top choice for those seeking a broader spectrum of trading opportunities.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 26000 |
| Forex Pairs (Total) | 70 | 72 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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.
When comparing the trading platforms and tools offered by FxPro and BlackBull Markets, both brokers stand out for their comprehensive features. FxPro provides a proprietary platform that complements its offerings of popular platforms like MetaTrader 4 and 5, alongside a web-based and Windows desktop platform. Both brokers offer the opportunity for simulated (paper) trading with free demo accounts, and they allow trading directly from stock charts. Additionally, traders can engage in copy trading with both, although only BlackBull Markets partners with ZuluTrade for this service. FxPro offers a solid choice for traders seeking a user-friendly experience with features like six watchlist columns and 25 drawing tools. Meanwhile, BlackBull Markets excels in charting capabilities, providing an impressive 60 drawing tools and matching FxPro's six watchlist fields.
In terms of official rankings and ratings, FxPro slightly edges out BlackBull Markets by ranking 17th in ForexBrokers.com's Trading Platforms and Tools category, compared to BlackBull Markets' 29th place. Both brokers achieve a commendable four-star rating for their platforms and tools, indicating strong performance. Whether you prioritize proprietary platform innovation or an extensive range of charting tools, both FxPro and BlackBull Markets present strong choices for traders looking to optimize their trading experience.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| 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 |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 53 | 109 |
| Charting - Drawing Tools (Total) | 25 | 60 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and BlackBull Markets offer mobile trading apps that are available on iPhone and Android devices, making them accessible to a wide range of traders. Users of both platforms can receive price alerts for stocks and forex, ensuring they stay up-to-date with market movements. Moreover, both apps have the capability to sync watchlists, allowing changes made on mobile devices to automatically reflect in the user's online account, providing seamless management of trading preferences across different platforms.
When it comes to charting features, FxPro stands out with 65 technical studies, compared to the 30 available from BlackBull Markets. Both apps allow traders to draw trendlines and view multiple time frames, such as daily, weekly, or intraday, on stock or forex charts. They also support auto-saving of chart drawings, so users don't lose their technical analyses. For rating, FxPro achieves a higher score of 4.5 stars for mobile trading, compared to BlackBull Markets' 4 stars. In a ranking of 63 brokers by ForexBrokers.com, FxPro ranks at #15, whereas BlackBull Markets is positioned at #31, suggesting a more favorable review for FxPro's mobile app experience.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 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.
When comparing online brokers, FxPro and BlackBull Markets both provide daily market commentary, making market insights readily available to traders on each platform. However, FxPro distinguishes itself with access to forex news from esteemed sources like Bloomberg and Reuters, while BlackBull Markets does not offer this feature. In terms of research tools, BlackBull Markets offers technical analysis with Autochartist, whereas FxPro utilizes Trading Central's technical analytics, offering distinct approaches to technical analysis for their users.
Both brokers offer a sentiment-based trading tool, aiding in understanding market positions, and provide an economic calendar to keep traders informed about global economic events. Despite both brokers achieving a commendable 4-star rating for research, ForexBrokers.com ranks BlackBull Markets slightly higher at #18 compared to FxPro's position at #26 among 63 brokers. Both brokers present unique strengths in their research offerings, making them strong contenders in the trading landscape.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both FxPro and BlackBull Markets offer a variety of materials focused on forex and CFDs. Each platform provides more than ten educational pieces, including articles, videos, and archived webinars, ensuring that newcomers have ample resources to get started. Both brokers also feature a searchable archive of recorded webinars, which means that learners can access valuable insights from past discussions whenever they need. Additionally, they provide a well-rounded selection of beginner-friendly videos and investor dictionaries filled with over 50 essential investing terms to enhance user understanding.
However, when diving deeper into the educational offerings, some differences emerge. BlackBull Markets hosts online educational client webinars at least once a month, offering real-time interaction and learning opportunities, while FxPro does not. On the other hand, BlackBull Markets also stands out with its collection of advanced educational videos, targeting experienced traders, whereas FxPro lacks in this area. Despite these differences, both brokers receive a solid four-star rating for their educational materials, with FxPro being ranked 18th and BlackBull Markets 29th by ForexBrokers.com. This positions FxPro slightly ahead in the education category but highlights that both platforms are well-regarded for helping beginners get started in trading.
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| 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 FxPro is better than BlackBull Markets. FxPro finished with an overall rank of #21, while BlackBull Markets finished with an overall rank of #24.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 78 |
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Both FxPro and BlackBull Markets enable investors to trade cryptocurrency derivatives, but neither platform offers the option to purchase actual (delivered) cryptocurrency.
FxPro stands out with its support for ACH or SEPA transfers and PayPal among its deposit and withdrawal methods, while both FxPro and BlackBull Markets offer Skrill, Visa or Mastercard, and bank wires, though BlackBull Markets lacks ACH, SEPA, and PayPal options.
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 | FxPro | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | FxPro Review | BlackBull Markets Review |
| Broker Screenshots | FxPro | BlackBull Markets | |
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| Regulation | FxPro | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 93 | 78 | |
| Year Founded | 2006 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | BlackBull Markets | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FxPro | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 26000 | |
| Forex Pairs (Total) | 70 | 72 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | FxPro | BlackBull Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 0.71 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.71 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | 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 | Yes | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FxPro | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 53 | 109 | |
| Charting - Drawing Tools (Total) | 25 | 60 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | BlackBull Markets | |
|---|---|---|---|
| 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 | 65 | 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 | FxPro | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | BlackBull Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | 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 | |
| Review | FxPro Review | BlackBull Markets Review |
| Overall | FxPro | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | FxPro Review | BlackBull Markets Review |
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