Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
BlackBull Markets and Exness are two well-known online brokers in the trading industry, both offering unique advantages to their users. Founded in 2014, BlackBull Markets, which is not publicly traded nor a bank, holds one Tier-1 license, considered highly trusted. On the other hand, Exness, established in 2008, also not publicly traded nor a bank, has secured two Tier-1 licenses. These licenses imply that Exness might offer a slightly higher level of trust in terms of regulatory compliance.
When evaluating their trustworthiness using ForexBrokers.com's Trust Score, BlackBull Markets scores 78, which falls into the average risk category, while Exness scores 81, being recognized as trusted. Additionally, Exness holds three Tier-2 licenses, further solidifying its position above BlackBull Markets, which holds no Tier-2 licenses. These factors make Exness a more attractive option for traders seeking a broker with a stronger regulatory standing.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Year Founded | 2014 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
BlackBull Markets and Exness both offer a range of account types that cater to different trader needs, but they differ significantly in terms of commissions and fees. BlackBull Markets provides three account options: Standard, Prime, and ECN Institutional. The Standard account is ideal for beginners since it is commission-free and has no minimum deposit requirement, but it does have higher spreads. The Prime account is a smart choice for those willing to deposit at least $2,000, featuring lower spreads and a commission of $3 per side, resulting in an all-in cost of 0.76 pips on the EUR/USD. Meanwhile, the ECN Institutional account caters to high-volume traders with a $20,000 minimum deposit and offers the lowest commissions at $2 per side. BlackBull Markets ranks highly for its pricing structure, receiving a 4.5-star rating and securing the 18th spot among 62 brokers.
Exness offers five main account types, including two standard accounts and three professional accounts, ensuring flexibility for traders of all levels. The Standard Cent account has the highest spreads, while the Standard account offers slightly better spreads and improved margin stop-out levels. As for the professional accounts, the Pro account allows traders to switch between instant and market execution without commission charges, delivering even lower spreads. The Zero Spread account, in contrast, charges a $0.05 commission per trade and, true to its name, features zero spreads. The Raw account, with spreads larger than the Zero Spread account, charges up to $7 per round turn lot, catering to traders looking for lower spreads without compromising on execution speed. Exness has a slightly lower rating than BlackBull Markets, with 4 stars, and is ranked 35th out of 62 brokers.
Comparing the two, BlackBull Markets and Exness both stand out in their own ways. BlackBull Markets is more appealing to traders who prioritize low spreads and are ready to meet the required minimum deposits for its Prime and ECN Institutional accounts. Alternatively, Exness attracts traders who seek a diverse range of account options, especially those interested in social trading, despite slightly higher trading costs. Overall, these brokers offer competitive pricing structures, tailored services, and reliable platforms, making them both worthy contenders for traders in different stages of their trading journey.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.71 | N/A |
| All-in Cost EUR/USD - Active | 0.71 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
BlackBull Markets and Exness both offer opportunities for forex trading as CFDs or spot contracts, catering to diverse investor interests. BlackBull Markets stands out with an impressive 26,000 tradeable symbols, vastly surpassing Exness’s catalog of 227 symbols. While BlackBull Markets provides 72 tradeable forex pairs, Exness offers a slightly greater variety, boasting 96 pairs for trading enthusiasts. Notably, BlackBull Markets allows investors to take part in the U.S. and international markets by purchasing exchange-traded securities like Apple and Vodafone shares directly, a feature absent in Exness’s offerings.
Both BlackBull Markets and Exness provide avenues for copy trading, appealing to those looking to replicate successful strategies. However, neither broker permits the purchase of actual cryptocurrencies, instead offering options for trading cryptocurrency derivatives. The extensive range offered by BlackBull Markets earns it a 5-star rating for its range of investments, securing a notable 6th place ranking out of 62 brokers according to ForexBrokers.com. In contrast, Exness is rated 3.5 stars and ranks 55th in the same category, showcasing a notable difference in their investment offerings.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 227 |
| Forex Pairs (Total) | 72 | 96 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
When comparing trading platforms and tools between BlackBull Markets and Exness, both brokers offer features that appeal to a range of traders. BlackBull Markets and Exness each provide a free virtual demo account for simulated trading, which is a great way for newcomers to practice without financial risk. While Exness offers its proprietary trading platform, BlackBull Markets does not, relying instead on well-known platforms like MetaTrader 4 and 5 that are available on both brokers. Both BlackBull Markets and Exness offer Windows-based desktop platforms and web-based platforms, giving users flexibility in how they trade. Additionally, copy trading is available with each broker, although BlackBull Markets offers ZuluTrade, whereas Exness does not include this option. Neither broker supports DupliTrade, which could be a downside for some traders.
BlackBull Markets and Exness each earn a solid 4-star rating for their trading platforms and tools. They allow trading directly from stock charts, but when it comes to charting, Exness stands out with 87 drawing tools compared to BlackBull Markets' 60. BlackBull Markets users can work with a watch list that accommodates up to 6 columns, while Exness provides slightly more customization with up to 7 columns. ForexBrokers.com ranks BlackBull Markets at #29 and Exness at #26 out of 62 brokers for trading platforms and tools, showing a slightly higher preference towards Exness. Overall, both brokers offer comprehensive and user-friendly features that cater well to different trading needs.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 107 |
| Charting - Drawing Tools (Total) | 60 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps from BlackBull Markets and Exness, both brokers offer apps compatible with iPhone and Android devices, making it easy for traders to access their accounts on the go. Price alerts for stock or forex are available on both platforms, providing traders with timely updates on market changes. However, BlackBull Markets provides an advantage in watchlist management with its symbol syncing feature, which keeps your watchlist updated across both mobile and online accounts—a functionality that Exness does not offer. Charting capabilities are slightly more extensive on Exness, offering 35 technical studies compared to BlackBull Markets' 30, although both allow trendline drawing and multiple time frame views on charts.
In terms of personalization and ease of use, BlackBull Markets edges out Exness with its auto-save feature for chart drawings, saving users time and effort in keeping their charts organized and up-to-date. Both platforms support real-time quotes in watchlists, giving traders instant access to market information. Even though both earned a respectable four-star rating for their mobile apps, Exness holds a slight advantage in the ForexBrokers.com rankings, placed at 26 out of 62 brokers, compared to BlackBull Markets' ranking of 31. These factors make both BlackBull Markets and Exness strong contenders, each with unique benefits that cater to different trading preferences and priorities.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both BlackBull Markets and Exness provide daily market commentary, ensuring traders are kept in the loop with the latest insights. However, Exness has the advantage of delivering forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, while BlackBull Markets does not. On the other hand, BlackBull Markets incorporates technical analysis tools from Autochartist, catering to those interested in such insights, whereas Exness lacks these specific features.
For traders interested in sentiment analysis, both brokers offer sentiment-based trading tools to show the ratio of long or short positions across various instruments. While neither offers market research from TipRanks or tools from Acuity Trading, they both provide an economic calendar to stay informed about global news events. In terms of overall research quality, BlackBull Markets outshines Exness with a 4-star rating and a higher ranking (#18 out of 62) compared to Exness's 3.5-star rating and #41 ranking, making BlackBull a more reliable choice for research-focused traders.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, BlackBull Markets sets a strong foundation by providing a wide array of learning materials for aspiring traders. Their offerings include more than ten educational pieces focusing on forex and CFDs, paired with monthly online webinars specifically designed for clients. These webinars are not only current but also archived in a searchable format, allowing users to revisit sessions at their convenience. Additionally, BlackBull Markets caters to both beginners and advanced traders with comprehensive video tutorials and provides an investor dictionary with over 50 investing terms to enhance trading vocabulary.
Exness also provides a respectable educational experience, featuring over ten educational pieces focused on forex and CFDs. Like BlackBull, they offer a searchable archive of recorded webinars, which is a plus for anyone looking to catch up on missed sessions. However, Exness does not offer regular monthly webinars, which may be a slight disadvantage for those seeking real-time guidance. While their beginner video content is comparable to BlackBull Markets, Exness falls short on advanced trading videos. Both brokers maintain investor dictionaries with essential trading terms, yet BlackBull's overall educational rating and higher ranking in educational resources reflect a slightly stronger commitment to trader education.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 BlackBull Markets is better than Exness. BlackBull Markets finished with an overall rank of #24, while Exness finished with an overall rank of #43.
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
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 81 |
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Both BlackBull Markets and Exness do not offer the option to buy actual (delivered) cryptocurrency, but they both provide the facility to trade cryptocurrency derivatives.
Both BlackBull Markets and Exness provide various options for depositing and withdrawing funds, including Skrill, Visa, Mastercard, and bank wires, but neither offers ACH, SEPA, or PayPal transfers.
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 | BlackBull Markets | Exness | |
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| Trust Score | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
| Broker Screenshots | BlackBull Markets | Exness | |
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| Regulation | BlackBull Markets | Exness | |
|---|---|---|---|
| Trust Score | 78 | 81 | |
| Year Founded | 2014 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | 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) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | BlackBull Markets | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 227 | |
| Forex Pairs (Total) | 72 | 96 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | BlackBull Markets | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | N/A | |
| All-in Cost EUR/USD - Active | 0.71 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Exness | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 107 | |
| Charting - Drawing Tools (Total) | 60 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Exness | |
|---|---|---|---|
| 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 | BlackBull Markets Review | Exness Review |
| Overall | BlackBull Markets | Exness | |
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| Trust Score | 78 | 81 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Exness Review |
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