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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 account info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing the range of investments, BlackBull Markets offers far more choice than Xtrade. BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, while Xtrade provides 482 symbols and 56 forex pairs. Both brokers support forex trading (CFD or spot) and offer cryptocurrency CFDs, but neither lets you buy actual crypto. BlackBull also supports copy trading, whereas Xtrade does not.

If you want real shares, BlackBull Markets lets you buy exchange-traded securities on both U.S. and international exchanges; Xtrade does not offer real shares. Reflecting this breadth, BlackBull Markets is rated 5 stars for Range of Investments and ranks #6 out of 63 brokers at ForexBrokers.com. Xtrade earns 3.5 stars and ranks #50.

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. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
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

BlackBull Markets vs Xtrade for trading platforms and tools: Both brokers provide a free demo account for simulated paper trading and let you place orders directly from price charts in a web browser. BlackBull Markets does not offer a proprietary platform, but it supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and includes a downloadable Windows desktop platform alongside its web platform. Xtrade, by contrast, offers a proprietary web-based platform but no Windows desktop download, and it does not support MT4 or MT5. Copy trading is available at BlackBull Markets, while Xtrade does not offer copy trading.

For Trading Platforms and Tools, BlackBull Markets is rated 4 out of 5 stars and ranks 31st out of 63 brokers at ForexBrokers.com, while Xtrade is rated 3.5 stars and ranks 59th. Choose BlackBull Markets if you want MetaTrader, copy trading, and a Windows desktop app; pick Xtrade if you prefer a broker-built web platform. Both let you test-drive with a free demo account.

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
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 109 N/A
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

BlackBull Markets and Xtrade both offer mobile trading apps for iPhone and Android, and each earns a 4-star rating for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category, BlackBull Markets ranks #33 out of 63 brokers, while Xtrade ranks #54, giving BlackBull a slight edge for overall mobile app quality.

Feature-wise, BlackBull Markets stands out. It supports stock and forex price alerts (Xtrade does not) and offers watchlist syncing between the app and your online account (Xtrade does not). For charts, BlackBull provides 30 technical studies, along with the ability to draw trendlines and have those drawings auto-save; Xtrade does not offer trendline drawing, does not auto-save drawings, and does not list a specific number of technical studies. If you want alerts, synced watchlists, and more charting tools, BlackBull Markets may suit you better; if you only need basic access on the go, Xtrade’s app can cover the essentials.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave 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 (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central info No No
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing forex and CFD education, BlackBull Markets offers a more structured path. It hosts client webinars at least once a month and provides at least 10 beginner-focused trading videos, along with a deeper catalog for experienced traders—so it clears the bar for a meaningful library of forex/CFD education. By contrast, Xtrade does not run monthly educational webinars and does not offer 10+ beginner videos, making its starting point for newcomers more limited.

Independent ratings reflect this gap: BlackBull Markets earns 4 stars for Education and ranks 29th out of 63 brokers on ForexBrokers.com, while Xtrade scores 3.5 stars and ranks 46th. If you value regular webinars, a clear set of beginner videos, and room to grow with advanced lessons, BlackBull is likely the stronger fit; if you only need light educational material and plan to learn elsewhere, Xtrade may suffice.

Feature BlackBull Markets logoBlackBull Markets
Xtrade logoXtrade
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No

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?

In the BlackBull Markets vs Xtrade comparison, neither broker allows you to buy actual (delivered) cryptocurrency, but both provide access to trading cryptocurrency CFDs.

What funding options does each broker offer?

BlackBull Markets and Xtrade both do not support ACH or SEPA transfers for deposits and withdrawals; BlackBull Markets also does not support PayPal but does offer Skrill and bank wire funding, while Xtrade’s availability of PayPal, Skrill, Visa/Mastercard, and bank wire options is not specified.

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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. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
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 BlackBull Markets Xtrade
Average spread (EUR/USD) - Standard account info 0.71 info N/A info
All-in Cost EUR/USD - Active info 0.71 info N/A info
Inactivity Fee info No No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding BlackBull Markets Xtrade
Minimum Deposit info $0 $250
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info 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
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
Trading Tools BlackBull Markets Xtrade
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes No
Charting - Indicators / Studies (Total) info 109 N/A
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 Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info Yes No
Research BlackBull Markets Xtrade
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central info No No
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education BlackBull Markets Xtrade
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs BlackBull Markets Xtrade
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 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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