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BlackBull Markets vs Xtrade 2022

Is BlackBull Markets better than Xtrade? In our analysis of 23 international regulators across 39 brokers, BlackBull Markets is considered average-risk, with an overall Trust Score of 74 out of 99. Xtrade is considered average-risk, with an overall Trust Score of 86 out of 99. Learn more about Trust Score.

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Overall Rating expand_moreexpand_less BlackBull Markets Xtrade
Overall Rating starstarstarstarstar starstarstarstarstar
Commissions & Fees starstarstarstarstar starstarstarstarstar
Offering of Investments starstarstarstarstar starstarstarstarstar
Platform & Tools starstarstarstarstar starstarstarstarstar
Mobile Trading starstarstarstarstar starstarstarstarstar
Research starstarstarstarstar starstarstarstarstar
Education starstarstarstarstar starstarstarstarstar
Trust Score 74 80
Regulation expand_moreexpand_less BlackBull Markets Xtrade
Trust Score 74 80
Year Founded 2014 2003
Publicly Traded (Listed) No No
Bank No No
Tier-1 Licenses 1 1
Tier-2 Licenses 0 2
Tier-3 Licenses 0 1
Authorised in European Union No No
Tier-1 Licenses (High Trust) expand_moreexpand_less BlackBull Markets Xtrade
ASIC Authorised (Australia) No Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) No No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) Yes No
Tier-2 Licenses (Average Trust) expand_moreexpand_less BlackBull Markets Xtrade
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) No Yes
NSE Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No Yes
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust) expand_moreexpand_less BlackBull Markets Xtrade
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No Yes
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
Investments expand_moreexpand_less BlackBull Markets Xtrade
Forex Trading Yes Yes
Trading - Forex or CFDs Yes Yes
Tradeable Symbols (Total) 23000 142
Forex Pairs (Total) 72 56
U.S. Stock Trading (Non CFD) Yes No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading Yes No
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) Yes Yes
Cost expand_moreexpand_less BlackBull Markets Xtrade
Average Spread EUR/USD - Standard 0.845 (October, 2021) -1
All-in Cost EUR/USD - Active 0.845 (October, 2021) -1
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker No No
Execution: Market Maker Yes Yes
Funding expand_moreexpand_less BlackBull Markets Xtrade
Minimum Initial Deposit $50 $250
Bank Wire (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Trading Platforms expand_moreexpand_less BlackBull Markets Xtrade
Proprietary Platform No Yes
Desktop Platform (Windows) Yes No
Web Platform Yes Yes
Social Trading / Copy Trading Yes No
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes No
cTrader No No
DupliTrade No No
ZuluTrade Yes No
Trading Tools expand_moreexpand_less BlackBull Markets Xtrade
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes No
Watchlists - Total Fields 7 9
Charting - Indicators / Studies (Total) 30 N/A
Charting - Drawing Tools (Total) 15 18
Charting - Trade From Chart Yes No
Charts can be saved Yes No
Mobile Trading expand_moreexpand_less BlackBull Markets Xtrade
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes No
Mobile Watchlist Yes No
Watchlist Syncing No No
Mobile Charting - Indicators / Studies 30 N/A
Mobile Charting - Draw Trendlines Yes No
Mobile Charting - Multiple Time Frames Yes No
Mobile Charting - Drawings Autosave Yes No
Forex Calendar Yes No
Research expand_moreexpand_less BlackBull Markets Xtrade
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) No Yes
Autochartist Yes No
Trading Central (Recognia) No No
Social Sentiment - Currency Pairs No No
Economic Calendar Yes Yes
Education expand_moreexpand_less BlackBull Markets Xtrade
Has Education - Forex or CFDs No Yes
Client Webinars No No
Client Webinars (Archived) Yes No
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes Yes
Major Forex Pairs expand_moreexpand_less BlackBull Markets Xtrade
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
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BlackBull Markets vs Xtrade Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs Xtrade.

Does BlackBull Markets or Xtrade offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BlackBull Markets offers better pricing overall for traders.

Is BlackBull Markets or Xtrade safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both BlackBull Markets and Xtrade hold [Variable A] global Tier-1 licenses.

Which trading platform is better: BlackBull Markets or Xtrade?

To compare the trading platforms of both BlackBull Markets and Xtrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, BlackBull Markets offers a better experience. With research, BlackBull Markets offers superior market research. Finally, we found BlackBull Markets to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to Xtrade's 56 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 23000 CFDs while Xtrade has 142 available CFDs, a difference of 22858.

Can I trust BlackBull Markets?

BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulators (high trust), zero tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-1 regulators: Financial Markets Authority (FMA).

Can I trust Xtrade?

Xtrade is not publicly traded and does not operate a bank. Xtrade is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). Xtrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Is BlackBull Markets good?

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.

Is Xtrade good?

Overall winner: BlackBull Markets

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