Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Octa, 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 vs Octa: BlackBull Markets (founded 2014) and Octa (founded 2011) are online brokers that are privately held and not banks; neither is listed on a stock exchange.
Regulation and safety: each broker holds one Tier-1 license (viewed as highly trusted by ForexBrokers.com). BlackBull Markets has 0 Tier-2 licenses, while Octa has 1. According to ForexBrokers.com Trust Scores (out of 99), BlackBull Markets scores 77 and Octa scores 73—placing both in the 70–79 “average risk” range; 80–89 is “trusted” and 90–99 “highly trusted.”
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Year Founded | 2014 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, BlackBull Markets is the stronger value pick for active traders, while Octa appeals to cost-conscious traders who want simple pricing. BlackBull Markets earns 4.5/5 stars and ranks #9 out of 63 brokers for Commissions and Fees at ForexBrokers.com; Octa earns 4/5 stars and ranks #26 out of 63.
BlackBull Markets offers three account types. The Standard account is commission-free with no minimum deposit but comes with higher spreads. The Prime account requires a $2,000 minimum, adds a $3 per side ($6 round turn) commission, and delivers tighter pricing—its average EUR/USD spread was 0.16 in March 2024, for an all-in cost of about 0.76 pips. The ECN Institutional account targets high‑volume traders with a $20,000 minimum and lower commissions of $2 per side ($4 round turn). Overall, BlackBull’s trading costs are about average, but the Prime account stands out for competitive all-in pricing.
Octa’s fees depend on your account type and which Octa entity you use. In the EU (MT5 only), the average EUR/USD spread is listed at 0.5 pips; outside the EU (MT4/MT5 plus OctaTrader), typical EUR/USD spreads are listed at 0.9 pips. Octa reports no slippage on 97.5% of orders and no overnight carry costs, though certain rules can limit high‑frequency trading. While Octa’s pricing has improved and keeps pace with many low-cost MetaTrader brokers, its published average spreads lack a date range, making exact comparisons harder.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average spread (EUR/USD) - Standard account | 1.16 | 0.9 |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing BlackBull Markets and Octa on range of investments, BlackBull Markets offers far more markets to trade, with about 26,000 tradeable symbols versus Octa’s 300. For forex, BlackBull Markets lists 72 pairs compared with Octa’s 35, and both brokers let you trade forex as CFDs or spot contracts. Both support copy trading. For shares, BlackBull Markets lets clients buy exchange-traded securities on both U.S. and international exchanges, while Octa offers exchange-traded securities on international exchanges only, not on U.S. markets. Neither broker sells actual cryptocurrency, but both provide cryptocurrency CFDs.
These differences show up in independent scores: BlackBull Markets earns 5 stars for Range of Investments and ranks #7 of 63 brokers at ForexBrokers.com, while Octa holds 3.5 stars and ranks #33. If you want the widest selection plus access to U.S. and global shares alongside forex and crypto CFDs, BlackBull Markets is the better fit; if you only need a smaller set of markets, Octa covers the essentials.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 300 |
| Forex Pairs (Total) | 72 | 35 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
BlackBull Markets and Octa both check the key boxes for trading platforms and tools. Each offers free paper trading via a demo account, copy trading, and the ability to place trades directly from charts. You can trade on the web or with a Windows desktop download at both brokers, and each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). One difference: Octa also has its own proprietary platform, while BlackBull Markets focuses on third‑party options like MT4/MT5.
According to ForexBrokers.com, both brokers earn 4 out of 5 stars for Trading Platforms and Tools. In the same category, BlackBull Markets ranks #25 out of 63 brokers, while Octa ranks #30. If you want an in-house platform alongside MT4/MT5, Octa may appeal; if you prefer a broker centered on the MetaTrader experience with strong web and desktop access, BlackBull Markets is a solid pick.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| 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) | 109 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Octa both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts and earns a 4-star Mobile Trading Apps rating. In ForexBrokers.com’s 2025 rankings of 63 brokers, BlackBull Markets is placed slightly higher at #27, while Octa sits at #29—so performance is comparable with a modest edge to BlackBull.
For charting, both apps offer 30 technical studies, let you draw trendlines, and automatically save your drawings. The key difference is watchlists: BlackBull Markets syncs your watchlist symbols between the mobile app and your online account, so changes carry over automatically, while Octa does not provide watchlist syncing. If cross-device continuity matters to you, that syncing advantage may make BlackBull the better pick.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing BlackBull Markets vs Octa for market research: both brokers deliver daily market commentary and an economic calendar, and both include Autochartist for technical and fundamental insights. Octa stands out with integrated forex news from top-tier sources like Bloomberg or Reuters, which BlackBull Markets does not provide. On the flip side, BlackBull Markets offers a sentiment tool that shows the ratio of long vs. short positions, while Octa does not. Neither broker includes Trading Central tools, TipRanks research, or Acuity Trading features.
When it comes to ratings, BlackBull Markets earns 4.5 stars for research and ranks #16 out of 63 brokers at ForexBrokers.com. Octa scores 4 stars and ranks #24. Pick BlackBull Markets if you want sentiment data alongside Autochartist. Choose Octa if real-time, premium news feeds are a priority in your research workflow.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re comparing BlackBull Markets vs Octa for beginner education, both brokers make it easy to start learning about forex and CFDs. Each runs client webinars at least once a month and offers 10+ beginner-friendly videos that walk through basic trading ideas, platform how‑tos, and risk management. As your skills grow, both also provide 10+ advanced videos for more experienced topics, so you can keep progressing without switching resources.
In independent testing by ForexBrokers.com, BlackBull Markets scores higher for Education (4.5/5, ranked 24th of 63) than Octa (4/5, ranked 32nd of 63). That makes BlackBull a slightly stronger pick if you want a higher-rated learning experience, while Octa still delivers a solid lineup of videos and monthly webinars for newcomers.
| Feature |
BlackBull Markets
|
Octa
|
|---|---|---|
| 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 BlackBull Markets is better than Octa. BlackBull Markets finished with an overall rank of #22, while Octa finished with an overall rank of #34.
BlackBull Markets is a growing broker best known for its broad platform support, including MetaTrader, cTrader, TradingView, and copy trading tools, along with a large range of tradeable instruments.
| Feature |
BlackBull Markets
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Octa
|
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| Overall Rating |
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| Trust Score | 77 | 73 |
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Comparing online brokers BlackBull Markets vs Octa: neither offers purchasing actual delivered cryptocurrency, but both provide cryptocurrency CFD trading for speculating on crypto prices without owning the underlying asset.
BlackBull Markets vs Octa: neither supports ACH/SEPA or PayPal for deposits and withdrawals, both accept Skrill and bank wire transfers, and Visa/Mastercard availability is not specified for either broker.
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 | Octa | |
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| Trust Score | 77 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Octa Review |
| Broker Screenshots | BlackBull Markets | Octa | |
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| Regulation | BlackBull Markets | Octa | |
|---|---|---|---|
| Trust Score | 77 | 73 | |
| Year Founded | 2014 | 2011 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA 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 | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 300 | |
| Forex Pairs (Total) | 72 | 35 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | BlackBull Markets | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.16 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Octa | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Octa | |
|---|---|---|---|
| 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 | Octa Review |
| Overall | BlackBull Markets | Octa | |
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| Trust Score | 77 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Octa Review |
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