Written by ForexBrokers.com
In this head to head comparison of Markets.com 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.
When evaluating online brokers, regulatory credentials and trust scores can greatly influence a trader's decision. Markets.com, established in 1999, carries a strong reputation, supported by a ForexBrokers.com Trust Score of 93, placing it in the highly trusted category. It holds three Tier-1 licenses and one Tier-2 license, ensuring a robust regulatory framework. In contrast, BlackBull Markets, founded in 2014, is rated with a Trust Score of 78, which signals an average risk level. With only one Tier-1 license and no Tier-2 licenses, BlackBull Markets may present a higher risk for traders seeking stringent regulatory protection.
Neither Markets.com nor BlackBull Markets is listed on a stock exchange or operates as a bank, which can be a consideration for investors seeking diversified financial services. Traders looking for a broker with a track record of trust and regulatory compliance would likely lean towards Markets.com, given its higher trust score and greater number of Tier-1 licenses. Meanwhile, those who are comfortable with a moderate level of risk might consider BlackBull Markets. Overall, selecting the right broker depends on one's comfort with risk and the importance placed on regulatory oversight.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to evaluating online brokers based on their commissions and fees, Markets.com and BlackBull Markets offer distinct features. Markets.com, with a star rating of 3.5 out of 5 for commissions and fees, is ranked 50th out of 63 brokers according to ForexBrokers.com. Unfortunately, specific average spread data is not available for Markets.com, which might make it challenging for traders to gauge the exact cost of trading with this broker.
In contrast, BlackBull Markets stands out with a higher rating of 4.5 out of 5 stars for commissions and fees, securing the 18th position out of 63 brokers. BlackBull Markets provides three types of accounts, each with different trading costs. The Prime account is favored for lower spreads with an all-in cost of 0.76 pips for EUR/USD, though it requires a $2,000 minimum deposit and carries a $6 commission per 10,000 traded (or 0.3 pips per side). The Standard account is commission-free but comes with higher spreads and no minimum deposit, while the ECN Institutional account is tailored for active traders able to deposit $20,000, offering a $4 commission per round turn.
Overall, BlackBull Markets tends to offer more competitive pricing options for traders looking to optimize their trading costs, particularly when lower spreads and specific account features are preferred. In comparison, Markets.com users might have to look deeper into other factors beyond commissions and fees to find compelling reasons to trade there.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.71 |
| All-in Cost EUR/USD - Active | N/A | 0.71 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
When comparing Markets.com and BlackBull Markets for their range of investments, both platforms provide avenues for forex trading through CFDs or spot contracts. However, BlackBull Markets stands out in terms of available options, offering a whopping 26,000 tradeable symbols compared to Markets.com's 2,179. Traders interested in forex pairs will find more variety with BlackBull, which features 72 pairs, compared to the 57 provided by Markets.com. Additionally, BlackBull Markets allows clients to invest in exchange-traded securities on both U.S. and international exchanges, an option not available through Markets.com.
Both platforms support copy trading and offer cryptocurrency derivatives, though neither offers direct purchase of actual cryptocurrencies. When it comes to their range of investments, Markets.com is rated four stars, while BlackBull Markets earns a higher rating of five stars. This is reflected in their rankings on ForexBrokers.com, where BlackBull Markets is placed at an impressive 6th out of 63 brokers, significantly ahead of Markets.com's 29th position. Overall, BlackBull Markets offers a broader selection of investment opportunities, making it a potentially more appealing choice for investors seeking diversity.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 26000 |
| Forex Pairs (Total) | 57 | 72 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | 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 evaluating Markets.com and BlackBull Markets on their trading platforms and tools, both brokers cater to traders of varying experience levels. Markets.com offers a proprietary platform in addition to popular platforms like MetaTrader 4 and 5, providing flexibility for traders preferring custom or widely recognized systems. BlackBull Markets also supports MetaTrader 4 and 5 but stands out with the addition of ZuluTrade for social trading enthusiasts. Both brokers provide web-based and Windows desktop platforms and offer virtual demo accounts to help traders experience live markets without financial risk. Notably, BlackBull Markets provides 60 drawing tools for charting, significantly more than Markets.com's four, and allows users to trade directly from charts, which Markets.com does not.
In terms of user interface and features, both brokers excel with copy trading options and feature-rich trading environments. Markets.com organizes watchlists with six customizable columns, a feature matched by BlackBull Markets. Both platforms have secured similar ratings for their trading platforms and tools, each earning four stars on ForexBrokers.com. Ranked 27th, Markets.com narrowly edges BlackBull Markets, which holds the 29th position out of 63 brokers, but both brokers maintain strong performances in this category.
| Feature |
Markets.com
|
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) | 89 | 109 |
| Charting - Drawing Tools (Total) | 4 | 60 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and BlackBull Markets both offer comprehensive mobile trading apps available for iPhone and Android users. These apps allow traders to receive stock or forex price alerts, manage real-time quotes in watchlists, and sync watchlists seamlessly with their online accounts. While both platforms excel in keeping traders connected on the go, it's noteworthy that BlackBull Markets provides users with the ability to view multiple time frames and offers 30 technical studies for chart analysis. In contrast, Markets.com offers fewer technical features in its default mobile app.
When it comes to additional functionalities like drawing trendlines and auto-saving these drawings, BlackBull Markets stands out as it supports auto-saving drawings, which Markets.com does not. Both mobile apps are highly rated, securing 4 out of 5 stars for mobile trading capabilities. However, in the rankings by ForexBrokers.com, BlackBull Markets edges out as slightly superior, placing 31st out of 63 brokers, while Markets.com is positioned at 33rd. Both options bring solid trading features to the table, with BlackBull Markets offering a few more advanced charting options for the tech-savvy trader.
| Feature |
Markets.com
|
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 | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Markets.com and BlackBull Markets offer daily market commentary, catering to traders who want regular insights. Markets.com stands out with its access to top-tier forex news sources like Bloomberg and Reuters, a feature BlackBull Markets lacks. Instead, BlackBull Markets provides support from Autochartist, delivering essential technical analysis tools that Markets.com does not offer. Both brokers offer sentiment-based trading tools, helping traders understand the market's positioning in currency pairs or other instruments.
On the other hand, neither broker provides research tools from Trading Central, company TipRanks, or Acuity Trading, indicating a gap in some specialized research areas. They also both offer economic calendars, keeping users informed on global economic events. Despite their differences, both Markets.com and BlackBull Markets hold a commendable 4-star rating for research, ranked #17 and #18 respectively out of 63 brokers by ForexBrokers.com. This reflects their strong efforts in serving market-savvy clients.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| 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 for beginners, both Markets.com and BlackBull Markets bring different strengths to the table. Markets.com offers monthly online educational webinars and a strong selection of beginner and advanced trading videos, making it easier for newbies to get acquainted with trading concepts and strategies. However, they fall short in providing a wide range of forex or CFDs educational materials, offering fewer than ten pieces primarily focused on these subjects. Furthermore, Markets.com does not maintain an archive of previous webinars nor provide an investor dictionary, leaving some gaps for learners looking for in-depth content and resources.
On the other hand, BlackBull Markets provides a more comprehensive educational offering, including a minimum of ten forex or CFDs educational materials and a searchable archive of past webinars, which are excellent resources for continued learning. Additionally, they offer an investor dictionary with over 50 investing terms, supporting beginners in understanding critical trading concepts. Both brokers offer monthly webinars and high-quality video resources for traders at all levels. While Markets.com is rated 4 stars for education and ranked #34 out of 63 brokers by ForexBrokers.com, BlackBull Markets holds the same star rating but secures a higher ranking at #29, reflecting its broader educational offerings.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than BlackBull Markets. Markets.com finished with an overall rank of #23, while BlackBull Markets finished with an overall rank of #24.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 78 |
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Both online brokers, Markets.com and BlackBull Markets, do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both Markets.com and BlackBull Markets do not offer ACH or SEPA transfers or PayPal for depositing or withdrawing account funds, but both provide Skrill, Visa or Mastercard, and bank wire options for these financial transactions.
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 | Markets.com | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | Markets.com | BlackBull Markets | |
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| Regulation | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 93 | 78 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | 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 | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 26000 | |
| Forex Pairs (Total) | 57 | 72 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | 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 | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.71 | |
| All-in Cost EUR/USD - Active | N/A | 0.71 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | 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 | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 89 | 109 | |
| Charting - Drawing Tools (Total) | 4 | 60 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | 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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | BlackBull Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | BlackBull Markets Review |
| Overall | Markets.com | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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