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BlackBull Markets vs Eightcap 2026

A detailed head-to-head comparison of BlackBull Markets and Eightcap across regulation, trading costs, platforms, and more.

BlackBull Markets logo - BrokerAudit
BlackBull Markets

Est. 2014 · Auckland, New Zealand

FMA
75.5/100
Good
Eightcap logo - BrokerAudit
Eightcap

Est. 2009 · Melbourne, Australia

ASICFCACySEC
78.8/100
Good

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
BlackBull MarketsEightcap

Category-by-Category Winner

Category
BlackBull Markets
Eightcap
Regulation & Trust
70
85
Trading Costs
82
78
Platforms & Tools
82
82
Account Conditions
78
76
Deposit & Withdrawal
75
78
Customer Support
72
72
Education & Research
68
70
Overall Score
75.5
78.8

Detailed Comparison

Overview

Year Founded
2014
2009
Headquarters
Auckland, New Zealand
Melbourne, Australia
Publicly Listed
Top Regulators
FMA
ASIC, FCA, CySEC
Total Instruments
26,000
800

Trading Costs

EUR/USD Spread
0.16 pips
0.11 pips
GBP/USD Spread
0.60 pips
0.54 pips
USD/JPY Spread
0.28 pips
0.30 pips
Min. Deposit
$0
$100
Commission/Lot
$6.00
$7.00
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
64
40
CFD Stocks
20,000
350
Indices
40
11
Commodities
20
5
Crypto CFDs
50
120

BlackBull Markets vs Eightcap: Our Analysis

Overall Verdict

With an overall score of 78.8/100 vs 75.5/100, Eightcap slightly edges out BlackBull Markets by 3.3 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, BlackBull Markets offers an average spread of 0.16 pips with a $6.00 round-turn commission, while Eightcap comes in at 0.11 pips with a $7.00 commission. Eightcap offers tighter pricing on EUR/USD. Minimum deposit is $0 at BlackBull Markets and $100 at Eightcap.

Regulation & Safety

BlackBull Markets holds 2 regulatory licenses with a highest tier of Tier 2 (FMA), while Eightcap has 4 licenses at Tier 1 (ASIC, FCA, CySEC). Eightcap has stronger top-tier regulation.

Platform Comparison

BlackBull Markets offers MT4, MT5, cTrader, TradingView, BlackBull CopyTrader — uniquely offering cTrader, BlackBull CopyTrader which Eightcap does not have. Eightcap supports MT4, MT5, TradingView, TradeLocker, with exclusive access to TradeLocker. BlackBull Markets provides a wider platform selection.

Who Should Choose Which?

BlackBull Markets suits cost-conscious traders, traders wanting a wide instrument range, while Eightcap is better for beginners seeking education, traders who prioritize safety. If copy trading matters, BlackBull Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, Eightcap scores higher overall at 78.8/100 compared to BlackBull Markets's 75.5/100. However, "better" depends on your priorities — BlackBull Markets may be superior in specific categories like trading costs.

Eightcap offers tighter spreads with an average EUR/USD spread of 0.11 pips, compared to 0.16 pips at BlackBull Markets. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

Eightcap scores higher for regulation and trust at 85/100, holding licenses from ASIC, FCA, CySEC. BlackBull Markets scores 70/100 with FMA.

For beginners, Eightcap is the stronger choice with an education and research score of 70/100. It offers webinars, and a free demo account. BlackBull Markets scores 68/100 for education.

Yes, there is no restriction on having accounts with both BlackBull Markets and Eightcap simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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