Written by ForexBrokers.com
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.
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 comparing online brokers XTB and BlackBull Markets on regulation and trust, a few differences stand out. XTB, founded in 2002, is publicly traded, while BlackBull Markets, founded in 2014, is not; neither firm is a bank. XTB holds two Tier-1 licenses and two Tier-2 licenses, whereas BlackBull Markets holds one Tier-1 license and no Tier-2 licenses—designations that ForexBrokers.com considers highly trusted and trusted, respectively.
According to ForexBrokers.com’s Trust Score, XTB scores 96/99 and BlackBull Markets scores 77/99. On this scale, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 should not be trusted—placing XTB in the highly trusted category and BlackBull Markets in the average risk range.
| Feature |
XTB
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 2002 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 1 |
Both XTB and BlackBull Markets earn 4.5 out of 5 stars for commissions and fees, but BlackBull ranks higher in the category (#9 of 63) than XTB (#13 of 63). Pricing at both brokers sits near the industry average, yet account choice and trade size can materially change your all-in costs.
XTB’s pricing centers on its spread-only Standard account, which averaged 1.0 pip on EUR/USD in Q4 2023 and has a 250 base-currency minimum deposit. XTB’s commission-based Professional account is being phased out and is generally limited to elected professionals in the U.K. and EU, so most retail traders will default to the Standard account—especially for smaller trade sizes. Active traders may lower costs via XTB’s Lower Spread Group, which rebates 5% to 30% of the spread once monthly volume thresholds are met (roughly 20–1000 lots), though availability can depend on your region and status.
BlackBull Markets offers three tiers. The Standard account is commission-free with no minimum deposit but carries higher spreads. The Prime account requires a $2,000 minimum and posts an average EUR/USD spread of 0.16, with an all-in cost around 0.76 pips once the $3 per side ($6 round turn) commission is included—often a better deal for frequent traders than Standard. For very high volumes, the ECN Institutional account requires $20,000 and charges $2 per side ($4 round turn). Considering the above, BlackBull’s Prime pricing can be sharper than XTB’s Standard on EUR/USD if you meet the deposit threshold, while XTB appeals for lower minimums and potential spread rebates for active users.
| Feature |
XTB
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 0.92 | 1.16 |
| All-in Cost EUR/USD - Active | 0.92 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB and BlackBull Markets both deliver a wide range of investments, including forex trading as CFDs or spot contracts, plus access to exchange-traded U.S. and international shares (so you can buy stocks like Apple or Vodafone outright, not just via CFDs). BlackBull offers the bigger catalog with about 26,000 tradeable symbols and 72 forex pairs, while XTB lists roughly 10,900 symbols and 71 forex pairs. Both brokers support crypto CFDs, but neither lets you buy actual cryptocurrencies. A key difference: BlackBull Markets offers copy trading, whereas XTB does not.
For overall range of investments, both earn 5 stars, though rankings differ: BlackBull Markets is #7 of 63 brokers and XTB is #14 according to ForexBrokers.com. If you want the largest symbol selection and built-in copy trading, BlackBull Markets has the edge. If you’re after a large lineup with similar asset coverage and crypto CFDs, XTB remains a competitive pick.
| Feature |
XTB
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 26000 |
| Forex Pairs (Total) | 71 | 72 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | 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.
XTB and BlackBull Markets both offer free demo accounts, web platforms, Windows desktop platforms, and the ability to trade directly from charts. The key differences are in platform choice and extras: XTB provides its own in-house platform, while BlackBull Markets does not but supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). If copy trading matters to you, BlackBull Markets offers it; XTB does not.
For Trading Platforms and Tools, XTB is rated 4.5 stars and ranks #9 out of 63 brokers at ForexBrokers.com, while BlackBull Markets holds 4 stars and ranks #25. Pick XTB if you want a polished proprietary experience with strong built-in tools, or go with BlackBull Markets if you prefer the familiar MetaTrader environment and access to copy trading.
| Feature |
XTB
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 109 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and BlackBull Markets both offer mobile apps for iPhone and Android, with price alerts, trendline drawing, and auto-saved chart drawings. When it comes to charting depth, XTB includes 39 technical studies, while BlackBull Markets offers 30. A key difference is watchlist syncing: BlackBull Markets syncs watchlists between the mobile app and the web platform, but XTB does not.
For overall quality, XTB earns 4.5 out of 5 stars and ranks #8 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. BlackBull Markets scores 4 out of 5 stars and ranks #27. Choose XTB if you want more built-in indicators, or go with BlackBull Markets if syncing your watchlist across devices is a must-have.
| Feature |
XTB
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing XTB vs BlackBull Markets for market research: both deliver daily market commentary, an economic calendar of global events, and a sentiment tool showing the share of long vs short positions. On ForexBrokers.com’s 63-broker review, XTB earns 5 stars and ranks #9 for Research, while BlackBull Markets scores 4.5 stars and ranks #16.
The biggest differences are in news and analytics. XTB streams forex news from major providers such as Bloomberg, Reuters, or Dow Jones, which helps traders who follow headlines. BlackBull Markets does not carry those feeds, but it adds Autochartist to scan markets for technical patterns and trading ideas. Neither broker includes Trading Central, TipRanks, or Acuity Trading tools. If you want premium news inside the platform, XTB has the edge; if you value Autochartist’s pattern scanning, BlackBull Markets may appeal.
| Feature |
XTB
|
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.
Comparing XTB vs BlackBull Markets for beginner education, both brokers provide forex and CFD learning hubs with at least ten educational pieces, along with monthly client webinars. Each offers 10+ beginner videos to cover trading basics and 10+ advanced videos for when you’re ready to go deeper, so newcomers can learn through short clips, articles, and archived webinars at their own pace.
Where they differ is in recognition and depth. XTB earns a 5-star Education rating and is ranked #11 out of 63 brokers by ForexBrokers.com, while BlackBull Markets holds a 4.5-star rating and ranks #24. For most beginners, both are solid choices; if you want the highest-rated, more extensive learning path, XTB has the edge, while BlackBull Markets still delivers a strong mix of webinars and videos to get started.
| Feature |
XTB
|
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 XTB is better than BlackBull Markets. XTB finished with an overall rank of #7, while BlackBull Markets finished with an overall rank of #22.
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
|
BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 77 |
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Comparing XTB vs BlackBull Markets for crypto trading: neither broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs.
Comparing online broker XTB to BlackBull Markets: both support bank wire transfers and Skrill but not ACH/SEPA, while only XTB accepts PayPal.
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 | XTB | BlackBull Markets | |
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| Trust Score | 96 | 77 | |
| Winner | check_circle | ||
| Review | XTB Review | BlackBull Markets Review |
| Broker Screenshots | XTB | BlackBull Markets | |
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| Regulation | XTB | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 96 | 77 | |
| Year Founded | 2002 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | BlackBull Markets | |
|---|---|---|---|
| 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) | Yes | 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) | XTB | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10900 | 26000 | |
| Forex Pairs (Total) | 71 | 72 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | 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 | XTB | BlackBull Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | 1.16 | |
| All-in Cost EUR/USD - Active | 0.92 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XTB | BlackBull Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | XTB | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 109 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | 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 | XTB | BlackBull Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | 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 | XTB Review | BlackBull Markets Review |
| Overall | XTB | BlackBull Markets | |
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| Trust Score | 96 | 77 | |
| Winner | check_circle | ||
| Review | XTB Review | BlackBull Markets Review |
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