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 offers trading costs that are approximately average within the brokerage industry. With three account types available, the costs will vary based on your selection. The Prime account stands out with an average spread of 0.16 on the EUR/USD currency pair, resulting in a total cost of 0.76 once the per-side commission of 0.3 pips ($6 per 10,000 traded) is included. Although the Standard account does not require a minimum deposit and is commission-free, it does have higher spreads. The Prime account offers more competitive spreads but requires a $2,000 minimum deposit with a commission of $3 per side. For more active traders, the ECN Institutional account demands at least a $20,000 deposit and charges a commission rate of $2 per side. BlackBull Markets earns a solid 4.5 out of 5-star rating for its commissions and fees, ranking it at #19 out of 62 brokers.
Exness provides a diverse range of account types, with five main categories and two additional options for social copy trading. The overall trading costs at Exness depend on the selected account type; commission-based accounts sport lower spreads compared to those which are commission-free. The Standard Cent and Standard accounts offer market execution but with relatively higher spreads. Meanwhile, the Pro account features lower spreads and allows you to switch between instant and market execution. The Zero Spread account charges a minimal commission of $0.05 per trade, offering market execution without leverage restrictions. The Raw account requires a commission of up to $7 per round turn lot but features favorable spreads and no leverage limitations. Exness achieves a 4-star rating for commissions and fees, positioned at #38 out of 62 brokers by ForexBrokers.com.
In summary, both BlackBull Markets and Exness provide traders with a range of account options tailored to different trading preferences and budgets. BlackBull Markets may appeal more to those seeking structured tiers and comparably lower commission rates on higher deposit accounts. On the other hand, Exness's flexibility in accounts may attract those requiring diverse execution methods and trading conditions. Ultimately, traders should consider their own trading priorities and evaluate which broker aligns best with their financial strategies.
| Feature |
BlackBull Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.76 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | 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 allow forex trading through CFDs or spot contracts, offering investors flexibility in how they engage with the forex market. However, when it comes to the overall range of available investments, BlackBull Markets stands out with an impressive 26,000 tradeable symbols compared to Exness's 227. For forex pairs specifically, Exness provides slightly more options with 96 pairs, whereas BlackBull Markets offers 72. Despite having fewer forex pairs, BlackBull Markets allows investors to trade in U.S. and international exchanges, enabling clients to purchase shares like Apple and Vodafone, a feature not offered by Exness.
Both platforms support copy trading and provide the opportunity to trade cryptocurrency derivatives, but not actual cryptocurrencies. When evaluating their performance based on range of investments, BlackBull Markets is highly rated with 5 stars and ranks 6th out of 62 brokers, according to ForexBrokers.com. Exness, on the other hand, receives a 3.5-star rating for its range of investments and is ranked 56th. This highlights BlackBull Markets’ broader appeal for investors interested in a wide array of trading instruments beyond forex.
| 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 BlackBull Markets and Exness in terms of their trading platforms and tools, both brokers offer simulated trading with free virtual demo accounts, making them accessible for beginners who wish to practice trading without risking real money. BlackBull Markets does not offer a proprietary platform, relying instead on well-known options like MetaTrader 4 and 5, while Exness introduces added flexibility with its in-house developed platform alongside MT4 and MT5. Both brokers provide Windows-based desktop trading and web-based platforms, meeting the diverse needs of traders who desire different ways of accessing the markets. Additionally, both brokers support copy trading, though only BlackBull Markets integrates ZuluTrade.
In terms of charting capabilities, Exness offers a more extensive range of drawing tools with 87 options compared to BlackBull Markets' 60. Both brokers allow trading directly from stock charts, enhancing trading efficiency. When it comes to watch lists, BlackBull Markets provides 6 columns for customization, whereas Exness offers 7. Despite these differences, each broker earns a solid 4-star rating for their platforms and tools. Notably, BlackBull Markets is ranked slightly higher at #28 compared to Exness at #31 according to ForexBrokers.com, indicating their minor yet notable edge within the competitive landscape of online brokers.
| 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.
Both BlackBull Markets and Exness offer mobile trading apps available for iPhone and Android users. These apps include features such as stock or forex price alerts and the ability to draw trendlines and view multiple time frames on charts. While both apps allow users to create watchlists with real-time quotes, BlackBull Markets goes a step further by offering watchlist symbol syncing with their online accounts, ensuring seamless updates across devices. Additionally, BlackBull Markets allows users to auto-save their chart drawings, whereas Exness does not provide this feature.
In terms of technical studies for charting, Exness offers 35 options, slightly surpassing BlackBull Markets' 30. When considering user ratings, both apps receive a commendable 4-star rating for their mobile trading capabilities. Despite this, ForexBrokers.com ranks BlackBull Markets slightly higher at #30 out of 62 brokers, while Exness is ranked at #32. This information collectively highlights the nuances that traders might consider when choosing between these two platforms for mobile trading.
| 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 #41.
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
|
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 | 0.76 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | 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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