Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs GBE brokers, 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, established in 2014, and GBE brokers, founded in 2013, are both privately-owned online trading platforms. Neither company is publicly traded or operates as a bank. BlackBull Markets holds one Tier-1 license, which is considered highly trusted by ForexBrokers.com standards, and has a Trust Score of 78, indicating an average risk level. Similarly, GBE brokers also holds one Tier-1 license but has a slightly lower Trust Score of 71, also categorizing it as an average risk provider.
While both BlackBull Markets and GBE brokers maintain the essential Tier-1 license for a higher trust level, neither possesses additional Tier-2 licenses. These regulatory factors help potential users understand the trustworthiness and reliability of both brokers. For individuals deciding on a trading platform, such Trust Scores and licenses are critical considerations in weighing their financial security and peace of mind.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| 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 |
BlackBull Markets vs. GBE brokers: on commissions and fees, BlackBull Markets earns 4.5/5 stars and is ranked #19 out of 63 brokers by ForexBrokers.com, while GBE brokers earns 4/5 stars and ranks #38. Both aim to keep trading costs competitive, but BlackBull holds the edge in this category based on its higher rating and ranking.
BlackBull Markets’ pricing depends on the account you choose. The Standard account is commission-free with no minimum deposit, though spreads are higher. 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, for an all-in cost around 0.76 pips after commission—making it the better value for many active traders. For high-volume clients, the ECN Institutional account requires a $20,000 deposit and lowers the commission to $2 per side ($4 round turn).
GBE brokers does not provide average spread data, so a precise apples-to-apples spread comparison isn’t possible. Still, its 4/5 star rating and #38 ranking for commissions and fees suggest competitive pricing overall—just not as strong as BlackBull Markets in this specific category. If you’re cost-focused, compare total all-in costs (spreads plus commissions) and any minimum deposit requirements to see which setup fits your trading style.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $1000 |
| 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 | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing BlackBull Markets vs GBE brokers for range of investments: both let you trade forex (CFD/spot), offer copy trading, and support cryptocurrency derivatives (but not actual crypto). The big difference is scale. BlackBull lists about 26,000 tradeable symbols and 72 currency pairs, plus access to exchange-traded shares on both U.S. and international markets. GBE brokers offers around 500 symbols and 71 pairs, and it doesn’t provide access to exchange-traded stocks on U.S. or overseas exchanges.
For range of investments, BlackBull Markets earns 5 stars and ranks #6 out of 63 brokers at ForexBrokers.com, while GBE brokers earns 3.5 stars and ranks #45. If you want the widest selection across markets, BlackBull is the stronger pick; if you mainly need core forex and CFDs with copy trading, GBE brokers may cover the basics.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 500 |
| Forex Pairs (Total) | 72 | 71 |
| 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 vs GBE brokers: both offer paper (demo) accounts, MT4 and MT5, and no in-house platform. You can trade on Windows desktop or in your browser with either broker, and both support copy trading. Only BlackBull Markets connects with ZuluTrade, while neither offers DupliTrade. Trading from the chart is available on both.
For tools, BlackBull Markets lists about 60 drawing tools versus 15 at GBE brokers; watchlists offer 6 fields at BlackBull and 7 at GBE. Indicator counts aren’t specified and will largely reflect what’s available in MT4/MT5. Both earn 4 out of 5 stars for platforms and tools, but ForexBrokers.com ranks BlackBull Markets higher (#31 of 63) than GBE brokers (#58 of 63). Choose BlackBull if you value ZuluTrade and more drawing tools; pick GBE if an extra watchlist field matters to you.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| 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 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and GBE Brokers both offer mobile trading apps for iPhone and Android, complete with price alerts and the ability to build watchlists with real-time quotes. A key difference is watchlist syncing: BlackBull Markets syncs symbols between the mobile app and your online account, while GBE Brokers does not—useful to know if you switch between phone and desktop often.
For charts, both apps include 30 technical indicators, trendline drawing, multiple time frames (intraday to daily/weekly), and auto-saved annotations. Each earns 4 out of 5 stars for Mobile Trading Apps, yet ForexBrokers.com ranks BlackBull Markets higher (#33 of 63) than GBE Brokers (#58 of 63). If synced watchlists and a stronger category ranking matter to you, BlackBull Markets has the edge; otherwise, both cover the essential mobile trading features for stocks and forex.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| 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 and GBE brokers both cover the basics for market research with daily market commentary, a sentiment tool that shows the ratio of long vs. short positions, and an economic calendar. Neither broker streams forex news from top-tier sources like Bloomberg or Reuters, and neither offers Trading Central. Where they differ: BlackBull Markets includes Autochartist for technical and fundamental screening, while GBE brokers does not. TipRanks and Acuity Trading integrations are not listed for either broker (BlackBull: no; GBE brokers: not specified).
For overall research quality, ForexBrokers.com rates BlackBull Markets at 4 stars and ranks it #18 out of 63 brokers, reflecting a stronger toolset for traders who value Autochartist alongside core features. GBE brokers earns 3 stars and ranks #63 out of 63, making it a simpler choice for basic commentary and sentiment, but with fewer advanced research add-ons.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| 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 | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners who want clear forex and CFD education, BlackBull Markets is the stronger pick. It offers a full learning path: 10+ educational pieces, monthly client webinars, and a searchable archive of past sessions so you can replay lessons anytime. You also get 10+ beginner-friendly videos to build core skills, 10+ advanced videos for when you’re ready to go deeper, and an investor dictionary with 50+ terms to simplify the jargon. In contrast, GBE Brokers does not meet these minimums in any of these areas, and does not host monthly educational webinars or keep a searchable webinar archive.
These differences show up in third-party evaluations: BlackBull Markets is rated 4 out of 5 stars for Education and ranks #29 out of 63 brokers by ForexBrokers.com, while GBE Brokers holds 3 out of 5 stars and ranks #64. If your priority is beginner education with ongoing webinars, on-demand videos, and an easy-to-use glossary, BlackBull Markets is the more education-focused choice.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| 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 | No |
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 GBE brokers. BlackBull Markets finished with an overall rank of #24, while GBE brokers finished with an overall rank of #57.
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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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 71 |
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Both BlackBull Markets and GBE brokers do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, GBE Brokers stands out with a wider array of account funding options, including ACH, SEPA transfers, and PayPal, which BlackBull Markets does not offer, while both platforms support Skrill, Visa, Mastercard, and bank wire transfers.
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 | GBE brokers | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | GBE brokers | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Trust Score | 78 | 71 | |
| Year Founded | 2014 | 2013 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 500 | |
| Forex Pairs (Total) | 72 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $1000 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| 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 | GBE brokers | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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