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 |
Comparing commissions and fees, BlackBull Markets earns 4.5/5 stars and ranks #19 out of 63 brokers for the Commissions and Fees category at ForexBrokers.com, while Markets.com holds 3.5/5 stars and ranks #51 out of 63. Average spread data for Markets.com wasn’t available, which limits a direct apples-to-apples price comparison, but the ratings indicate BlackBull generally offers more competitive pricing.
BlackBull’s trading costs are about average for the industry and vary by account type. The Standard account is commission-free with no minimum deposit, but has wider spreads. The Prime account requires a $2,000 minimum and charges $3 per side ($6 round turn) in commission; in March 2024, the EUR/USD averaged a 0.16-pip spread on Prime, translating to about 0.76 pips all-in after a per-side commission equivalent to 0.3 pips—making Prime the more appealing choice over Standard for many traders. The ECN Institutional account targets active traders with at least $20,000, trimming commissions to $2 per side ($4 round turn).
For Markets.com, specific average spreads weren’t provided at the time of review. Based on its 3.5/5 star score and #51/63 ranking for Commissions and Fees, its typical trading costs may be less competitive than BlackBull’s. As always, actual pricing varies by instrument and market conditions, so check current spreads and commissions before you trade.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.71 |
| All-in Cost EUR/USD - Active | N/A | 0.71 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Markets.com vs BlackBull Markets for range of investments, both brokers cover the essentials: forex trading (available as CFDs or spot), crypto via CFDs (not delivered coins), and copy trading.
The big difference is breadth. Markets.com offers 2,179 tradeable symbols and 57 forex pairs, but no exchange-traded U.S. or international shares. It earns 4 stars for Range of Investments and ranks #30 out of 63 brokers at ForexBrokers.com. BlackBull Markets lists 26,000 symbols and 72 forex pairs, and it does offer exchange-traded stocks on both U.S. and international markets. It holds a 5-star rating and ranks #6 out of 63. If you want the widest menu, including real shares, BlackBull Markets is the stronger pick; if you mainly trade CFDs, Markets.com covers the essentials.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 26000 |
| Forex Pairs (Total) | 57 | 72 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Markets.com and BlackBull Markets both check key boxes for trading platforms and tools. Each offers a free demo (paper) account, web platforms and Windows desktop downloads, popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading. Both earned 4 out of 5 stars for platforms and tools from ForexBrokers.com; Markets.com ranks #27 out of 63 brokers in this category, while BlackBull Markets ranks #31. One notable difference: Markets.com also provides a proprietary, in-house platform, whereas BlackBull focuses on third-party options.
For charting workflow, BlackBull Markets lets you place trades directly from a chart, while Markets.com does not. Specific counts for available technical indicators and watchlist columns were not provided. In short, choose Markets.com if you want access to a broker-built platform alongside MT4/MT5; pick BlackBull Markets if trading from charts is important to you and you’re happy with industry-standard platforms.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 109 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and BlackBull Markets both offer mobile trading apps for iPhone and Android, complete with price alerts and watchlist syncing between mobile and web. Each earns 4 stars for mobile trading apps, but BlackBull Markets is ranked slightly higher (#33 of 63) than Markets.com (#34 of 63) by ForexBrokers.com.
For charting, BlackBull Markets includes 30 technical studies in its app, while the Markets.com app itself doesn’t include built-in indicators (you can still use standard indicators when trading via MetaTrader 4). Both apps let you draw trendlines, but only BlackBull Markets auto-saves chart drawings, which can make it easier to pick up where you left off.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Markets.com and BlackBull Markets both deliver beginner-friendly forex and CFD education with plenty of depth. Each meets the common benchmark of 10+ educational pieces and supports ongoing learning with client webinars held at least monthly. If you prefer video-based learning, both brokers provide at least 10 beginner videos that explain core topics in plain language, making it easy to grasp key concepts like order types, risk management, and platform basics.
As you progress, both brokers also offer 10+ advanced videos for experienced traders. For overall education quality, each earns 4 out of 5 stars. In ForexBrokers.com’s Education rankings, BlackBull Markets sits slightly higher at 29 out of 63 brokers, while Markets.com ranks 34 out of 63. In short, both are strong picks for beginners; choose BlackBull if you want a small edge in ranking, or Markets.com if its style and course layout suit you better.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 78 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the Markets.com vs BlackBull Markets comparison, neither broker lets you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Markets.com vs BlackBull Markets comparison: both brokers do not support ACH or SEPA transfers for deposits or withdrawals; BlackBull Markets supports Skrill and bank wire transfers but not PayPal, while Markets.com’s availability of PayPal, Skrill, Visa or Mastercard, and bank wires is not specified.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| 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) | |||
| 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) | |||
| 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 | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 26000 | |
| Forex Pairs (Total) | 57 | 72 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | N/A | 0.71 | |
| All-in Cost EUR/USD - Active | N/A | 0.71 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 109 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Markets.com | BlackBull Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review |
| Overall | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill