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BlackBull Markets vs Xtrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000
Xtrade
3.5/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 74
  • Tradeable Symbols (Total): 482

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

BlackBull Markets and Xtrade, both accessible online brokers, offer different regulatory

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

BlackBull Markets offers average trading costs that depend on the account you pick. Its Prime account is the standout for frequent traders: in March 2024 the EUR/USD averaged a 0.16 spread, which works out to about 0.76 pips all-in after a 0.3-pip per-side commission. Prime requires a $2,000 minimum deposit and charges $3 per side ($6 round turn) per lot. The Standard account is commission-free with no minimum deposit, but spreads are higher. For high-volume clients, the ECN Institutional account requires at least $20,000 and cuts commissions to $2 per side ($4 round turn). For Commissions and Fees, BlackBull Markets is rated 4.5/5 stars and ranked #19 out of 63 brokers by ForexBrokers.com.

Xtrade does not provide average spread data, which makes direct cost comparisons harder. Based on the available assessments, Xtrade earns a 2.5/5 star rating for Commissions and Fees and is ranked #64 out of 63 brokers by ForexBrokers.com. In practical terms, traders who value transparent pricing and lower all-in costs may find BlackBull’s Prime account more appealing, while Xtrade’s lack of published average spreads could be a drawback for cost-conscious users.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Minimum Deposit info $0 $250
Average Spread EUR/USD - Standard info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Active Trader or VIP Discounts [DELETED] info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing BlackBull Markets vs Xtrade for range of investments, BlackBull offers a much larger selection: 26,000 tradeable instruments versus 482 at Xtrade, and 72 forex pairs versus 56. Both brokers support forex trading via CFDs or spot and offer crypto derivatives (not the actual coins), but neither lets you buy real cryptocurrency.

BlackBull Markets also provides access to real, exchange-traded shares on both U.S. and international exchanges—so you can buy stocks like Apple (AAPL) or Vodafone—while Xtrade does not offer exchange-traded shares. Copy trading is available at BlackBull, but not at Xtrade. Reflecting this breadth, ForexBrokers.com rates BlackBull Markets 5/5 for Range of Investments and ranks it 6th out of 63 brokers, compared with Xtrade’s 3.5/5 and 50th.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 482
Forex Pairs (Total) info 72 56
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

BlackBull Markets and Xtrade both provide free demo accounts for paper trading and both offer web-based platforms with the ability to trade directly from charts. BlackBull does not have a proprietary platform, but it supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and offers a Windows desktop download—useful if you want the classic MetaTrader experience on your PC or in a browser. Xtrade takes the opposite route: it has its own proprietary web platform but does not provide a Windows desktop download, nor does it support MT4 or MT5.

When it comes to tools, BlackBull offers copy trading, while Xtrade does not. Reflecting these differences, BlackBull Markets is rated 4 stars for Trading Platforms and Tools and ranks #31 out of 63 brokers by ForexBrokers.com, whereas Xtrade is rated 3.5 stars and ranks #59. In short, BlackBull is a better fit if you want MT4/MT5, desktop access, and copy trading, while Xtrade suits traders who prefer a straightforward, proprietary browser platform.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Charting - Indicators / Studies (Total) info 109 N/A
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields [DELETED] info

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

Forex trading apps

Both BlackBull Markets and Xtrade offer mobile trading apps for iPhone and Android. The key differences show up in day-to-day usability: BlackBull Markets includes price alerts, real-time quote watchlists, and watchlist syncing with your online account so changes carry across devices. Xtrade’s app does not offer price alerts, synced watchlists, or real-time quote watchlists, which may matter if you rely on notifications and seamless watchlist management.

For charting, BlackBull Markets provides 30 technical studies, the ability to draw trendlines, switch between multiple time frames (such as intraday, daily, and weekly), and auto-saves your drawings. Xtrade does not support these charting tools and its number of technical studies is not available. Despite both apps earning 4 out of 5 stars for Mobile Trading Apps, ForexBrokers.com ranks BlackBull Markets 33rd out of 63 brokers, compared with Xtrade at 54th, reflecting BlackBull Markets’ stronger feature set for traders who value alerts, syncing, and richer charting on mobile.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research at BlackBull Markets and Xtrade: both brokers publish daily market commentary and provide an economic calendar. BlackBull Markets stands out with Autochartist tools for technical and fundamental scanning plus a sentiment gauge that shows the ratio of long vs. short positions. Xtrade, by contrast, pipes in forex news from top-tier sources like Bloomberg/Reuters/Dow Jones–style outlets, but does not include Autochartist or a sentiment tool. Neither broker offers Trading Central, TipRanks, or Acuity Trading research.

Based on ForexBrokers.com, BlackBull Markets earns 4 stars for Research and ranks #18 out of 63 brokers, while Xtrade earns 3.5 stars and ranks #53. In short, BlackBull Markets may suit traders who value automated chart setups and crowd sentiment, whereas Xtrade can appeal to those who prioritize premium news headlines alongside daily commentary and a reliable calendar.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Client sentiment data info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner education, BlackBull Markets stands out over Xtrade. BlackBull runs client webinars at least once per month and offers 10+ beginner videos plus 10+ advanced videos that cover trading topics. Xtrade does not host monthly educational webinars and does not meet the 10+ threshold for beginner or advanced videos. Whether either broker provides a broader library of at least 10 forex/CFD pieces overall, a searchable archive of past webinars, or an investor dictionary with 50+ terms is not specified. In ratings, BlackBull earns 4 out of 5 stars for Education and ranks 29th out of 63 brokers, while Xtrade scores 3.5 stars and ranks 46th.

If you’re new to forex and CFDs and want structured learning with frequent live sessions and plenty of videos, BlackBull Markets is likely the better fit based on the known features. Xtrade may still suit self-guided learners, but the lack of monthly webinars and fewer beginner and advanced videos could limit your progress. If archived webinars and comprehensive glossaries matter to you, check each broker’s site for the latest details, as those features were not confirmed.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Education (Forex or CFDs) info
Webinars info Yes No
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Xtrade. BlackBull Markets finished with an overall rank of #24, while Xtrade finished with an overall rank of #60.

BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 78 74
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with BlackBull Markets or Xtrade?

Both BlackBull Markets and Xtrade offer the opportunity to buy cryptocurrency derivatives, but neither provides the option to purchase actual delivered cryptocurrencies.

What funding options does each broker offer?

Both BlackBull Markets and Xtrade do not support ACH, SEPA, or PayPal for deposits and withdrawals, but they do offer Skrill, Visa or Mastercard, and bank wire transfer options.

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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 BlackBull Markets Xtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 78 74
Winner check_circle
Review BlackBull Markets Review Xtrade Review
Broker Screenshots BlackBull Markets Xtrade
Broker Gallery (click to expand) info
BlackBull Markets MT5 mobile trading app BlackBull Markets MetaTrader 5 MT5 desktop platform. BlackBull Markets economic calendar. BlackBull Markets Trading Podcasts playlist.
Regulation BlackBull Markets Xtrade
Trust Score info 78 74
Year Founded info 2014 2003
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-1 Licenses info 1 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) BlackBull Markets Xtrade
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 No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-2 Licenses (Trusted) BlackBull Markets Xtrade
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments BlackBull Markets Xtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 482
Forex Pairs (Total) info 72 56
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 BlackBull Markets Xtrade
Average Spread EUR/USD - Standard info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Active Trader or VIP Discounts [DELETED] info
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding BlackBull Markets Xtrade
Minimum Deposit info $0 $250
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms BlackBull Markets Xtrade
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Trading Tools BlackBull Markets Xtrade
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes No
Watchlists - Total Fields [DELETED] info
Charting - Indicators / Studies (Total) info 109 N/A
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading BlackBull Markets Xtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research BlackBull Markets Xtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education BlackBull Markets Xtrade
Education (Forex or CFDs) info
Webinars info Yes No
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info
Major Forex Pairs BlackBull Markets Xtrade
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review BlackBull Markets Review Xtrade Review
Overall BlackBull Markets Xtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 78 74
Winner check_circle
Review BlackBull Markets Review Xtrade Review
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