XTB vs BlackBull Markets Comparison
Weโve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare XTB vs BlackBull Markets.
Can I trust XTB?
XTB is a publicly traded company that is authorised by two Tier-1 regulators (highly trusted), two Tier-2 regulators (trusted), zero one Tier-3 regulators (average risk), and zero Tier-4 regulators (high risk). XTB is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.
Can I trust BlackBull Markets?
BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulators (Highly Trusted), zero Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). BlackBull Markets is authorised by the following Tier-1 regulators: Financial Markets Authority (FMA).
Is XTB good?
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTBโs offers comprehensive educational content and market research.
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.
What is the minimum deposit requirement for opening an account with XTB?
To open a trading account with XTB, you'll need to make an initial minimum deposit of $0.
What is the minimum deposit requirement for opening an account with BlackBull Markets?
BlackBull Markets requires a minimum deposit of $0 before you can open an account and start trading.
What funding options does each broker offer?
It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. XTB offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas BlackBull Markets provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).
Does XTB or BlackBull Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that XTB offers better pricing overall for traders.
Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.
Is XTB or BlackBull Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that XTB holds 2 global Tier-1 licenses, while BlackBull Markets holds 1. XTB holds 2 global Tier-2 licenses, while BlackBull Markets holds 0.
After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that XTB (96) earned a higher Trust Score than BlackBull Markets (78).
Which trading platform is better: XTB or BlackBull Markets?
To compare the trading platforms of both XTB and BlackBull Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XTB offers a better experience. With research, XTB offers superior market research. Finally, we found XTB to provide better mobile trading apps.
Hereโs what trading platforms are available at XTB:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - No
- MT5 - No
- ZuluTrade - No
- TradingView - No
Hereโs what trading platforms are available at BlackBull Markets:
- Proprietary Platform - No
- Web Platform - Yes
- cTrader - Yes
- DupliTrade - No
- MT4 - Yes
- MT5 - Yes
- ZuluTrade - Yes
- TradingView - Yes
What about MetaTrader? How about copy trading?
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. BlackBull Markets offers MetaTrader 4 (MT4), while XTB does not. Forex traders also appreciate the ability to engage in social copy trading. XTB and BlackBull Markets both offer copy trading.
What can I trade with each broker?
BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to XTB's 71 available pairs. If you are interested in trading CFDs, BlackBull Markets offers traders access to 26000 CFDs, while XTB offers access to 6100 CFDs; so BlackBull Markets offers 19900 more CFDs than XTB.
We found in our testing that BlackBull Markets offers a more diverse selection of investment options than XTB, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical) and Spread Betting.
Overall winner: XTB
travel_explore See the best forex brokers in your country.
Use our international search tool to find a broker that accepts clients from your country.
Popular Forex Reviews
Popular Forex Guides
Popular Forex Education
More Forex Guides
Popular Forex Broker Reviews
announcementPlease note:
We review each brokerโs overall global offering โ a โYesโ 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.