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.
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.
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 |
For commissions and fees, BlackBull Markets generally edges out FxPro on headline costs. BlackBull’s Prime account posts an all-in EUR/USD cost near 0.76 pips (0.16 average spread plus a 0.3‑pip per‑side commission), while FxPro’s most competitive setup — cTrader with commission pricing — comes in around 1.27 pips on EUR/USD. In our ratings, BlackBull Markets earns 4.5/5 stars and ranks #19 of 63 for Commissions and Fees; FxPro earns 4/5 stars and ranks #33 of 63.
FxPro’s pricing sits above the industry average. On MT4 you can choose variable or fixed spreads, with either instant execution (requotes possible, no slippage) or market execution (slippage possible, no requotes). On MT5 there’s only market execution and no fixed spreads. FxPro’s floating EUR/USD spreads were about 1.58 pips on MT4 market execution (1.51 on MT5) and 1.71 pips with instant execution, while cTrader’s commission model yields an estimated 1.27‑pip all-in cost for EUR/USD. Order rules also differ by platform: cTrader has no minimum distance for stop/limit orders, whereas MetaTrader requires at least 1 pip. An Elite/Active Trader program can reduce costs by up to 30%, but overall pricing still trails leading low‑cost brokers.
BlackBull Markets’ fees are around the industry average, but the account you choose matters. The Standard account is commission‑free with no minimum deposit, though spreads are higher. The Prime account requires a $2,000 minimum but pairs tighter spreads with a 0.3‑pip per‑side commission (about $6 round turn per standard lot), producing that roughly 0.76‑pip all‑in EUR/USD cost based on recent data. The ECN Institutional account targets active traders with at least $20,000 to deposit and lowers the commission to $2 per side ($4 round turn).
| 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 let you trade forex (via CFD or spot contracts), offer copy trading, and provide cryptocurrency exposure through derivatives—not direct coins. Where they differ is scope: FxPro lists 2,249 tradeable symbols with 70 forex pairs and offers exchange-traded securities on international markets but not U.S. exchanges. BlackBull Markets lists about 26,000 tradeable instruments with 72 forex pairs and lets you buy exchange-traded securities on both U.S. and international exchanges.
Independent ratings back up this gap in variety: FxPro earns 4 out of 5 stars and ranks 29th out of 63 brokers for Range of Investments, while BlackBull Markets scores 5 out of 5 stars and ranks 6th. If you want the widest selection, including U.S. and global stocks alongside forex and CFDs, BlackBull Markets stands out; FxPro suits traders comfortable with a smaller yet diverse lineup that still covers many forex pairs, international shares, and popular CFD markets.
| 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.
FxPro and BlackBull Markets both check the key boxes for platforms and tools. Each broker offers a free demo (paper) trading account, Windows-based desktop and web platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to trade directly from charts. FxPro stands out by also offering its own proprietary platform, while BlackBull Markets does not. If you’re into social trading via ZuluTrade, BlackBull Markets supports it, whereas FxPro does not. Both brokers provide six columns for watchlists to help you track markets.
In expert reviews of trading platforms and tools, both FxPro and BlackBull Markets earn 4 stars. However, FxPro ranks higher overall, coming in at #17 out of 63 brokers on ForexBrokers.com, compared with BlackBull Markets at #31. In short: choose FxPro if you want an in-house platform option alongside MT4/MT5; pick BlackBull Markets if ZuluTrade matters to you.
| 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 [DELETED] | ||
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 53 | 109 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the mobile trading apps from FxPro and BlackBull Markets, both brokers check the key boxes: iPhone and Android apps, price alerts, synced watchlists between mobile and web, and real-time quotes on watchlists. Charting on both apps includes multiple time frames, trendline drawing, and auto-saving of your annotations, making it easy to pick up where you left off.
For deeper chart analysis, FxPro stands out with 65 technical studies, while BlackBull Markets offers 30. That edge shows up in ratings: FxPro earns 4.5 out of 5 stars and ranks #15 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, compared with BlackBull’s 4 stars and #33 ranking. Choose FxPro if you want a wider range of indicators; pick BlackBull Markets if you mainly need the essentials with solid alerting and syncing.
| 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) | |||
| 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 | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| 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 [DELETED] | |||
| 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) [DELETED] | |||
| 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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