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BlackBull Markets vs FOREX.com 2026

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

BlackBull Markets logo - BrokerAudit
BlackBull Markets

Est. 2014 · Auckland, New Zealand

FMA
75.5/100
Good
FOREX.com logo - BrokerAudit
FOREX.com

Est. 2001 · Warren, New Jersey, United States

CFTC/NFAFCAASIC
78.7/100
Good

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
BlackBull MarketsFOREX.com

Category-by-Category Winner

Category
BlackBull Markets
FOREX.com
Regulation & Trust
70
92
Trading Costs
82
65
Platforms & Tools
82
80
Account Conditions
78
72
Deposit & Withdrawal
75
78
Customer Support
72
75
Education & Research
68
82
Overall Score
75.5
78.7

Detailed Comparison

Overview

Year Founded
2014
2001
Headquarters
Auckland, New Zealand
Warren, New Jersey, United States
Publicly Listed
Top Regulators
FMA
CFTC/NFA, FCA, ASIC
Total Instruments
26,000
5,500

Trading Costs

EUR/USD Spread
0.16 pips
1.30 pips
GBP/USD Spread
0.60 pips
1.80 pips
USD/JPY Spread
0.28 pips
1.30 pips
Min. Deposit
$0
$100
Commission/Lot
$6.00
$5.00
Inactivity Fee
None
$15/month after 12 months

Platforms & Features

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

Instruments

Forex Pairs
64
80
CFD Stocks
20,000
4,500
Indices
40
15
Commodities
20
10
Crypto CFDs
50
8

BlackBull Markets vs FOREX.com: Our Analysis

Overall Verdict

With an overall score of 78.7/100 vs 75.5/100, FOREX.com slightly edges out BlackBull Markets by 3.2 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 FOREX.com comes in at 1.30 pips with a $5.00 commission. BlackBull Markets offers tighter pricing on EUR/USD. Minimum deposit is $0 at BlackBull Markets and $100 at FOREX.com.

Regulation & Safety

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

Platform Comparison

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

Who Should Choose Which?

BlackBull Markets suits cost-conscious traders, traders who want advanced tools, traders wanting a wide instrument range, while FOREX.com 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, FOREX.com scores higher overall at 78.7/100 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.

BlackBull Markets offers tighter spreads with an average EUR/USD spread of 0.16 pips, compared to 1.30 pips at FOREX.com. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

FOREX.com scores higher for regulation and trust at 92/100, holding licenses from CFTC/NFA, FCA, ASIC. BlackBull Markets scores 70/100 with FMA.

For beginners, FOREX.com is the stronger choice with an education and research score of 82/100. It offers structured trading courses, 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 FOREX.com 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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