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XTB vs BlackBull Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of XTB vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

XTB
5/5 Stars Overall
  • Minimum Deposit: $0 info
  • Trust Score: 96
  • Tradeable Symbols (Total): 7184 info
BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000

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.

Regulation

When comparing online brokers XTB and BlackBull Markets, one can easily note their differences in trust ratings and regulatory compliance. XTB, founded in 2002, stands out with a Trust Score of 96, placing it in the "highly trusted" category as per ForexBrokers.com. XTB also holds two Tier-1 licenses and two Tier-2 licenses, further solidifying its credibility. This company is publicly traded, adding another layer of transparency for investors.

Established in 2014, BlackBull Markets holds a Trust Score of 78, which positions it in the "average risk" category. It possesses one Tier-1 license and lacks Tier-2 licenses, highlighting a more limited regulatory footprint. Unlike XTB, BlackBull Markets is not publicly traded, which might be a consideration for those emphasizing transparency and regulatory oversight in their brokerage choice. Neither company operates as a bank, keeping their operations focused purely on online trading.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Year Founded info 2002 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 2 1

Fees

Comparing commissions and fees, both XTB and BlackBull Markets earn 4.5 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, XTB places #12 out of 63 brokers, while BlackBull ranks #19 out of 63. Pricing for both is around the industry average, and the better fit depends on your account choice, deposit size, and monthly trading volume.

XTB offers a spread-only Standard account for retail traders and a commission-based Professional account reserved for elective professionals in the U.K. and Europe (the Pro option is being phased out and is mostly for legacy clients). Based on Q4 2023 data, the average EUR/USD spread on the Standard account was 1.0 pip, with a 250 minimum deposit in your base currency. Active traders can join XTB’s Lower Spread Group to receive 5%–30% spread rebates once they reach monthly volume tiers (from 20 lots up to 1,000), helping trim costs, though overall pricing still trails the very cheapest providers.

BlackBull Markets has three account types. The Standard account is commission-free with no minimum deposit but features higher spreads. The Prime account requires a $2,000 minimum and charges $3 per side ($6 round turn) with tighter pricing—its March 2024 average EUR/USD spread was 0.16 pip, for an all-in cost of about 0.76 pips. The ECN Institutional account targets active traders depositing at least $20,000, with $2 per side commissions. For traders who can meet the deposit, the Prime account is typically the most cost-effective option.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Minimum Deposit info $0 info $0
Average spread (EUR/USD) - Standard account info 1.00 info 0.71 info
All-in Cost EUR/USD - Active info 1.00 info 0.71 info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

XTB vs. BlackBull Markets: both brokers cover forex (available as CFDs or spot) and offer a broad mix of markets. XTB lists 7,184 tradeable symbols with 71 forex pairs, while BlackBull Markets lists about 26,000 symbols and 72 forex pairs. If sheer market count matters, BlackBull has the edge; if you just need a large selection, XTB still delivers plenty of choice.

Each broker lets you buy exchange-traded stocks on U.S. and international exchanges (not CFDs). For social features, BlackBull supports copy trading, while XTB does not. Neither broker offers delivered crypto, but both provide cryptocurrency CFDs. Both earn 5 out of 5 stars for Range of Investments from ForexBrokers.com; however, BlackBull ranks higher (#6 of 63) compared with XTB (#15 of 63), reflecting its bigger symbol list and copy-trading option.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7184 info 26000
Forex Pairs (Total) info 71 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing XTB vs BlackBull Markets for trading platforms and tools: both brokers provide free demo (paper) accounts, Windows desktop software, web-based platforms, and the ability to place trades directly from charts. XTB stands out for offering its own in-house platform, earning 4.5 stars and a #9 ranking out of 63 brokers for Trading Platforms and Tools. BlackBull Markets is rated 4 stars and ranks #31 in the same category.

If you want MetaTrader support or copy trading, BlackBull Markets offers both MT4 and MT5 along with copy trading features. If you prefer a broker-built platform and higher third-party ratings in this category, XTB is the pick—though it does not offer MT4, MT5, or copy trading.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 39 109
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both XTB and BlackBull Markets offer mobile trading apps for iPhone and Android, with price alerts available on each. Charting is strong on both platforms: you can draw trendlines and your drawings auto-save. XTB stands out with 39 technical studies compared to BlackBull’s 30. One key difference is watchlists—BlackBull syncs watchlists between mobile and your online account, while XTB does not.

In overall quality, XTB earns a higher 4.5-star mobile app rating and ranks #8 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. BlackBull Markets holds a 4-star rating and ranks #33. Pick XTB if you want more built-in indicators and a higher-rated app, or choose BlackBull if seamless watchlist syncing across devices is a must-have.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both XTB and BlackBull Markets provide daily market commentary, keeping traders informed about daily trends and insights. However, when it comes to forex news sourced from prestigious outlets like Bloomberg and Reuters, XTB stands out by offering access, whereas BlackBull Markets does not include news from these top-tier providers. In terms of analytical tools, BlackBull Markets gains an edge by integrating Autochartist for technical and fundamental analysis tools, a service not provided by XTB. Both brokers host sentiment-based trading tools to help understand market positions, and each includes an economic calendar to track global news events. Yet, neither offers research through TipRanks or Acuity Trading tools.

XTB achieves a higher research rating with five stars compared to BlackBull Markets’ four stars. As per ForexBrokers.com rankings, XTB holds a more impressive position at number 7 out of 63 brokers, exemplifying its solid research capabilities. On the other hand, BlackBull Markets ranks 18th in the same category, indicating its competence, though not as highly rated as XTB. For traders prioritizing market research features, XTB offers a slightly more comprehensive package, especially through its inclusion of forex news from top-tier sources.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central info No No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Both XTB and BlackBull Markets give beginners plenty of ways to learn. Each broker provides forex and CFD education with at least 10 pieces of content, including articles and videos. They both run monthly educational webinars and offer at least 10 video lessons for beginners along with 10+ advanced videos for when you’re ready to go deeper.

Where they differ is in quality scores. XTB holds a 5-star Education rating and is ranked #11 out of 63 brokers by ForexBrokers.com, while BlackBull Markets earns 4 stars and ranks #29. In short, both are solid choices for new traders, but XTB has the edge if you want a higher-rated learning experience from day one.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than BlackBull Markets. XTB finished with an overall rank of #7, while BlackBull Markets finished with an overall rank of #24.

As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.

Feature XTB logoXTB
BlackBull Markets logoBlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 96 78
Range of Investments 5/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with XTB or BlackBull Markets?

Comparing XTB vs BlackBull Markets for crypto trading: neither broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs.

What funding options does each broker offer?

Comparing online broker XTB to BlackBull Markets: both support bank wire transfers and Skrill but not ACH/SEPA, while only XTB accepts PayPal.

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announcementPlease 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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Overall Rating XTB BlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 78
Winner check_circle
Review XTB Review BlackBull Markets Review
Broker Screenshots XTB BlackBull Markets
Broker Gallery (click to expand) info
XTB xStation mobile trading app sentiment XTB xStation 5 web platform XTB website news headlines and sentiment. XTB educational course intermediate article lesson details
BlackBull Markets MT5 mobile trading app BlackBull Markets MetaTrader 5 MT5 desktop platform. BlackBull Markets economic calendar. BlackBull Markets Trading Podcasts playlist.
Regulation XTB BlackBull Markets
Trust Score info 96 78
Year Founded info 2002 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) XTB BlackBull Markets
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XTB BlackBull Markets
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XTB BlackBull Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7184 info 26000
Forex Pairs (Total) info 71 72
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 XTB BlackBull Markets
Average spread (EUR/USD) - Standard account info 1.00 info 0.71 info
All-in Cost EUR/USD - Active info 1.00 info 0.71 info
Inactivity Fee info Yes No
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding XTB BlackBull Markets
Minimum Deposit info $0 info $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms XTB BlackBull Markets
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No Yes
Trading Tools XTB BlackBull Markets
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 39 109
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XTB BlackBull Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research XTB BlackBull Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No Yes
Trading Central info No No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education XTB BlackBull Markets
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs XTB BlackBull Markets
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review XTB Review BlackBull Markets Review
Overall XTB BlackBull Markets
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 78
Winner check_circle
Review XTB Review BlackBull Markets Review
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