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 provides a diverse fee structure with three account types that cater to different trading preferences. Traders using the Prime account at BlackBull Markets, for instance, can benefit from an average spread on the EUR/USD of 0.16 pips, based on March 2024 data. This translates to a total cost of 0.76 pips after considering a per-side commission of 0.3 pips or $6 per 10,000 traded. The Prime account, favored for its competitive pricing, necessitates a $2,000 minimum deposit and charges $3 per side or $6 per round turn per lot. The Standard account, with no minimum deposit and zero commissions, features relatively higher spreads. Meanwhile, the ECN Institutional account suits active traders, requiring a $20,000 minimum deposit and offering a lower commission rate of $2 per side or $4 per round turn.
In comparison, GBE Brokers’ fee structure does not provide average spread data, making it harder to assess its competitive edge solely based on spreads and commissions. Nevertheless, GBE Brokers has earned a decent reputation among traders, receiving a 4-star rating for its commissions and fees. BlackBull Markets edges ahead with a slightly superior rating of 4.5 stars. Furthermore, in the ForexBrokers.com rankings, BlackBull Markets is positioned at #18 out of 63 brokers, showcasing better standing compared to GBE Brokers, which ranks at #37 in the same category.
Ultimately, both BlackBull Markets and GBE Brokers offer viable options for traders, albeit with different cost structures and account specifications. BlackBull Markets, with its variety of accounts catering to different requirements and its favorable ratings, provides a competitive environment for traders seeking a balance between cost and service. Meanwhile, GBE Brokers maintains a solid rating, making it a reliable alternative, though with less clarity on spread costs.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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.
When comparing the range of investments offered by BlackBull Markets and GBE Brokers, several differences become apparent. BlackBull Markets far surpasses GBE Brokers with an impressive 26,000 tradeable symbols, while GBE Brokers offers a more modest 500. Both companies provide forex trading as CFDs or spot contracts, with BlackBull Markets offering 72 forex pairs compared to GBE Brokers' 71. Notably, BlackBull Markets allows clients to purchase exchange-traded securities on both U.S. and international exchanges, providing access to companies like Apple and Vodafone, a feature that GBE Brokers does not provide. Both brokers do, however, support copy trading and offer cryptocurrency derivatives, though neither offers the purchase of actual cryptocurrencies.
In terms of rankings and ratings for their range of investments, BlackBull Markets earns a top-tier five-star rating, securing the 6th place position out of 63 brokers according to ForexBrokers.com. Meanwhile, GBE Brokers receives a 3.5-star rating and ranks 44th in the same category. These distinctions highlight BlackBull Markets as a more versatile and extensive option for investors seeking a broader array of trading opportunities compared to GBE Brokers.
| 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.
When comparing trading platforms and tools offered by BlackBull Markets and GBE Brokers, both provide comprehensive environments catering to traders looking for a variety of functionalities. BlackBull Markets stands out with its support for ZuluTrade, which adds a social trading dimension that GBE Brokers lacks. Both brokers offer MetaTrader 4 and MetaTrader 5 platforms, catering to traders who value classic, versatile tools for executing trades. Despite neither broker offering a proprietary platform, they both ensure accessibility through their Windows-based desktop and web-based platforms. Traders can also get started risk-free thanks to the provision of free virtual demo accounts offered by both brokers.
BlackBull Markets and GBE Brokers are well-matched in offering copy trading options and the ability to trade directly from stock charts. However, BlackBull Markets boasts a greater variety of charting tools with 60 drawing tools available, significantly more than the 15 offered by GBE Brokers. For organizing market insights, GBE Brokers offers slightly more customizable watchlists with seven columns compared to BlackBull Markets' six. Despite these differences, both brokers achieve a four-star rating for their trading platforms and tools, although BlackBull Markets ranks higher at #29 versus GBE Brokers at #57 in ForexBrokers.com's ranking out of 63 brokers.
| 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.
When comparing the mobile trading apps of BlackBull Markets and GBE brokers, both platforms cater to iPhone and Android users and provide essential features for forex and stock traders. They each offer stock and forex price alerts, the ability to draw trendlines, view multiple time frames, and create watchlists with real-time quotes. A standout feature of BlackBull Markets is its watchlist symbol syncing, allowing seamless updates between mobile and online accounts. However, GBE brokers does not offer this syncing capability, which could be a factor for traders who frequently switch between devices.
Both brokers provide access to 30 technical studies for chart analysis and automatically save drawings on charts. In terms of rankings, BlackBull Markets holds the 31st position out of 63 brokers in the Mobile Trading Apps category on ForexBrokers.com, while GBE brokers is ranked at 57th. Despite the differences in rankings, both apps are rated four out of five stars, suggesting a satisfactory user experience with their mobile offerings. While both apps share many features, the syncing ability of BlackBull Markets may give it an edge for traders seeking greater connectivity across platforms.
| 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.
In the realm of market research tools, BlackBull Markets distinguishes itself from GBE brokers primarily through its comprehensive offerings. Both brokers provide essential services such as daily market commentary and economic calendars to keep traders informed of global events. However, BlackBull Markets takes a step further by incorporating technical analysis tools from Autochartist, which are absent in GBE brokers. Additionally, both platforms offer sentiment-based trading tools that provide insights into market moods. Despite shared features, BlackBull Markets receives a higher research rating, with 4 stars compared to GBE brokers’ 3 stars, and ranks significantly higher in the research category for online brokers.
Neither BlackBull Markets nor GBE brokers deliver forex news from top-tier sources like Bloomberg or Reuters, and they both lack research affiliations with companies like Trading Central, TipRanks, or Acuity Trading. Still, BlackBull Markets' unique resources contribute to its superior rank of 18 out of 63 brokers analyzed by ForexBrokers.com, whereas GBE brokers trail at position 62. This difference underscores BlackBull Markets' commitment to providing traders with a comprehensive set of research tools tailored to enhance trading strategies and decision-making processes.
| 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 | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources available for beginners, BlackBull Markets stands out compared to GBE Brokers. BlackBull Markets offers a wide variety of educational materials including over 10 pieces focused on forex and CFDs. They provide monthly online webinars and maintain an extensive archive of recorded sessions that clients can search through. Additionally, beginners have access to over 10 videos designed to introduce foundational trading concepts, while advanced traders can also find educational videos to enhance their skills. BlackBull Markets goes further by offering a comprehensive investor dictionary with definitions for over 50 terms, making it a valuable resource for traders at all levels.
In contrast, GBE Brokers does not meet the same educational criteria. They fall short with less than 10 educational pieces related to forex and CFDs and do not host regular online webinars. GBE Brokers also lacks a searchable archive of webinars and does not provide the same volume of video content for beginners or advanced traders. The absence of an investor dictionary further limits their educational offerings. Reflecting these differences, BlackBull Markets receives a 4-star rating for education and ranks 29th among 63 brokers on ForexBrokers.com, whereas GBE Brokers receives 3 stars and ranks 63rd in the same category.
| 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
|
GBE brokers
|
|---|---|---|
| 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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| 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) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| 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 | $500 | |
| 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 | 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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