Written by ForexBrokers.com
In this head to head comparison of Admirals vs BlackBull Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing Admirals and BlackBull Markets, regulatory differences stand out. Admirals, established in 2001, holds a strong position in trustworthiness with a ForexBrokers.com Trust Score of 93, indicating it is highly trusted. Admirals is not a bank nor publicly traded but boasts four Tier-1 licenses, reflecting high credibility. Additionally, Admirals has three Tier-2 licenses, further contributing to its trusted status.
BlackBull Markets, a relatively newer entrant founded in 2014, has a Trust Score of 78, placing it at an average risk level according to ForexBrokers.com. Like Admirals, BlackBull Markets is neither publicly traded nor a bank. The firm has one Tier-1 license, which helps in establishing trust but lacks Tier-2 licenses, which might affect its perceived trust level compared to Admirals.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 2001 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of Admirals and BlackBull Markets, both brokers promise competitive pricing for traders. Admirals has an average spread of 0.8 on its Trade account, mirrored by its Zero account, offering a straightforward and cost-effective trading experience. With a 4.5-star rating and ranking 17th out of 62 brokers by ForexBrokers.com for its commission and fee structure, Admirals stands out as a commendable choice for budget-conscious traders.
BlackBull Markets also enjoys a 4.5-star rating and ranks 19th in the same category, offering traders moderate industry costs that vary by account type. For those considering BlackBull Markets, the Prime account is attractive with its competitive spread of 0.16 on the EUR/USD, reaching an all-in cost of 0.76 when accounting for the $6 round-turn commission per 10,000 traded. Although it necessitates a $2,000 minimum deposit, the lower spread enhances its appeal over the Standard account, which has no commission and no minimum deposit requirement but comes with relatively higher spreads.
The ECN Institutional account at BlackBull Markets targets active traders, with commission rates of $4 per round turn and a minimum deposit of $20,000, providing an option for those prioritizing deeper market engagement. With these varied account structures, BlackBull offers traders the flexibility to choose based on trading volume and budget preferences.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | 0.76 |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Admirals and BlackBull Markets, both platforms provide a variety of investment options, though BlackBull Markets offers a wider selection. Admirals presents traders with 8,702 tradeable symbols, including a strong lineup of 82 forex pairs, exchange-traded securities on U.S. and international exchanges, and cryptocurrency derivatives. For those looking for copy trading, Admirals also has this feature available. However, Admirals does not support purchasing actual cryptocurrencies.
BlackBull Markets stands out by offering a more extensive range of tradeable symbols, totaling 26,000, accompanied by 72 forex pairs. Like Admirals, it also facilitates trading in exchange-traded securities on U.S. and international exchanges, provides the option to trade in cryptocurrency derivatives, and supports copy trading. Despite lacking options to purchase actual cryptocurrencies directly, its extensive offerings have earned BlackBull Markets a 5-star rating for their range of investments, ranking it 6th out of 62 brokers, while Admirals holds a 4.5-star rating, placing it at 19th.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 26000 |
| Forex Pairs (Total) | 82 | 72 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Admirals and BlackBull Markets both provide a well-rounded suite of trading platforms and tools suitable for traders of varying experience levels. Admirals stands out with its proprietary platform alongside the popular MetaTrader 4 and 5, while BlackBull Markets exclusively offers MetaTrader 4 and 5. Both brokers support trading on Windows-based desktop and web-based platforms, ensuring flexibility for users. Additionally, each broker offers simulated trading through free virtual demo accounts, making it easier for beginners to practice and refine their skills. Admirals and BlackBull Markets both offer copy trading, but only BlackBull Markets supports ZuluTrade integration for social trading.
Charting capabilities are strong for both brokers, though Admirals provides a wider range of drawing tools, with 106 options compared to 60 from BlackBull Markets. These platforms further enable trading directly from stock charts, enhancing ease of use. Admirals allows more customization in watch lists with seven available fields, while BlackBull Markets offers six. Both are highly rated, receiving four out of five stars for their trading platforms and tools, but Admirals holds a higher ranking at #20 compared to BlackBull Markets at #28 according to ForexBrokers.com. This suggests a slight edge in user experience and functionality for Admirals in this category.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 109 |
| Charting - Drawing Tools (Total) | 106 | 60 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and BlackBull Markets offer iPhone and Android apps, catering to a wide range of users. These apps enable stock and forex price alerts, provide the ability to draw trendlines, and allow users to view multiple time frames on charts. Admirals and BlackBull Markets each offer 30 technical studies for charting within their mobile applications, ensuring thorough analysis capabilities. Additionally, both apps support the creation of watchlists with real-time quotes and auto-save drawings on charts, ensuring that users can efficiently manage their investments on the go.
While both platforms are feature-rich, BlackBull Markets offers an advantage by allowing watchlist symbol syncing with clients’ online accounts, a feature missing from Admirals’ mobile app. Despite this, Admirals edges slightly ahead in the ForexBrokers.com ranking for mobile trading apps, coming in at #28 compared to BlackBull Markets' #30. Both brokers share a commendable rating of 4 out of 5 stars for their mobile trading apps, indicating a similar level of user satisfaction and functionality.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Admirals and BlackBull Markets both offer daily market commentary, providing traders with insightful updates to make informed decisions. However, Admirals has a clear edge by delivering forex news from high-profile sources like Bloomberg, Reuters, and Dow Jones, which BlackBull Markets does not provide. Admirals also stands out with its inclusion of market research from TipRanks and tools from Acuity Trading, enhancing its range of resources. In contrast, BlackBull Markets complements its offerings with tools from Autochartist, giving traders an additional layer of technical analysis.
Both brokers equip traders with an economic calendar and sentiment-based trading tools to track and analyze market movements effectively. Admirals utilizes Trading Central's technical analytics, whereas BlackBull Markets does not. Despite their differences, both brokers receive a commendable four-star rating for research, with Admirals slightly edging out in the ForexBrokers.com ranking as #15 compared to BlackBull Markets' #18. This comparison highlights Admirals' superior access to top-tier information, whereas BlackBull Markets offers a unique technical analysis tool, appealing to different trader preferences.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Admirals and BlackBull Markets stand out as strong contenders. Admirals offers a rich array of educational materials, including over ten pieces focused on forex and CFDs. They engage clients with regular online webinars each month and make these sessions accessible through a searchable archive. For beginners specifically, Admirals provides video content that covers foundational trading topics. They also cater to more experienced traders with advanced educational videos. With an investor dictionary defining over fifty investing terms, Admirals ensures that essential knowledge is at your fingertips. Earning a four-star rating for education, Admirals is recognized within the top tier, ranking 12th out of 62 brokers by ForexBrokers.com.
Similarly, BlackBull Markets offers a wealth of educational content suitable for beginners. They provide a diverse selection of learning materials including articles, videos, and archived webinars that delve into forex and CFDs. Much like Admirals, BlackBull Markets runs monthly educational webinars and keeps an accessible archive for on-demand learning. Their educational videos are designed to guide beginners through essential trading concepts while also delivering advanced content for seasoned traders. Additionally, a comprehensive investor dictionary enhances the learning experience by clearly explaining over fifty investing terms. With a four-star rating in education, BlackBull Markets has a solid reputation; however, it is ranked slightly lower than Admirals at 29th in the educational category by ForexBrokers.com.
| Feature |
Admirals
|
BlackBull Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than BlackBull Markets. Admirals finished with an overall rank of #18, while BlackBull Markets finished with an overall rank of #24.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 78 |
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Both Admirals and BlackBull Markets do not provide options for purchasing actual delivered cryptocurrencies, but they do offer the capability to trade cryptocurrency derivatives.
In a comparison between online brokers Admirals and BlackBull Markets, Admirals offers more fund deposit and withdrawal options including ACH, SEPA, and PayPal, alongside shared options such as Skrill, Visa, Mastercard, and bank wires, whereas BlackBull Markets does not support ACH, SEPA, or PayPal transactions.
Please note:
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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0 of 5| Overall Rating | Admirals | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
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| Review | Admirals Review | BlackBull Markets Review |
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| Regulation | Admirals | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 93 | 78 | |
| Year Founded | 2001 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 26000 | |
| Forex Pairs (Total) | 82 | 72 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Admirals | BlackBull Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 0.76 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | BlackBull Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Admirals | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 6 | |
| Charting - Indicators / Studies (Total) | 30 | 109 | |
| Charting - Drawing Tools (Total) | 106 | 60 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | BlackBull Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | BlackBull Markets | |
|---|---|---|---|
| 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 | |
| Review | Admirals Review | BlackBull Markets Review |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | Admirals Review | BlackBull Markets Review |
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