Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs GBE brokers, 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, established in 2014, and GBE brokers, founded in 2013, are both privately-owned online trading platforms. Neither company is publicly traded or operates as a bank. BlackBull Markets holds one Tier-1 license, which is considered highly trusted by ForexBrokers.com standards, and has a Trust Score of 78, indicating an average risk level. Similarly, GBE brokers also holds one Tier-1 license but has a slightly lower Trust Score of 71, also categorizing it as an average risk provider.
While both BlackBull Markets and GBE brokers maintain the essential Tier-1 license for a higher trust level, neither possesses additional Tier-2 licenses. These regulatory factors help potential users understand the trustworthiness and reliability of both brokers. For individuals deciding on a trading platform, such Trust Scores and licenses are critical considerations in weighing their financial security and peace of mind.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
BlackBull Markets offers a range of account types that influence its trading costs, catering to various trader preferences. With the Prime account showcasing an average spread of 0.16 on the EUR/USD and an all-in cost of 0.76, it stands as a recommended choice due to its favorable trading conditions compared to the Standard account. The Standard account simplifies trading by not requiring commissions and has no minimum deposit, but trades with slightly higher spreads. For those interested in more substantial investments, the ECN Institutional account requires a $20,000 deposit, delivering lower commission fees of $2 per side, making it suitable for active traders.
GBE brokers, on the other hand, lacks detailed average spread data, which may pose a challenge for potential traders aiming to fully evaluate trading costs. Despite this, GBE brokers remain competitive in the sector, garnering a four-star rating for their commissions and fees. This broker is ranked at #37 out of 62 brokers, suggesting a mid-range positioning concerning costs and fee structures.
In terms of rankings and ratings, BlackBull Markets surpasses GBE brokers slightly with a 4.5-star rating for commissions and fees. Ranked #18 out of 62 brokers, BlackBull Markets demonstrates a strong position in the industry, appealing to both newer traders and seasoned investors seeking a mix of cost efficiency and account variety.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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 | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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 GBE brokers both allow for forex trading through CFDs or spot contracts, adding to their appeal in the forex market. While they are similar in this regard, BlackBull Markets offers a significantly larger selection of tradable symbols, making it a compelling choice for investors looking for variety. With 26,000 symbols compared to GBE brokers' 500, BlackBull Markets clearly stands out for those seeking an extensive range of investment opportunities. Though both brokers provide nearly equal options in forex pairs, BlackBull Markets also offers exchange-traded securities on both U.S. and international exchanges, a feature GBE brokers lacks.
For traders interested in cryptocurrencies, both platforms allow investment in cryptocurrency derivatives but do not offer the purchase of the actual digital currencies. Furthermore, investors can engage in copy trading on both platforms, providing an additional layer of strategy and community engagement. Overall, BlackBull Markets ranks much higher in the range of investment options, securing a 5-star rating and a top 10 position at #6, according to ForexBrokers.com. Meanwhile, GBE brokers holds a 3.5-star rating, positioned at #44 out of 62 brokers, reflecting a more limited offering in comparison.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 500 |
| Forex Pairs (Total) | 72 | 71 |
| 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.
BlackBull Markets and GBE brokers both provide a wide array of trading platforms and tools that cater to traders of varying experience levels. Both brokers offer Windows-based desktop and web-based trading platforms, which include popular choices like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While neither features a proprietary platform, they allow traders to use simulated (paper) trading through virtual demo accounts, ideal for practice without financial risks. Unique to BlackBull Markets, traders can also tap into ZuluTrade for additional copy trading options, which GBE brokers do not offer. Both brokers, however, support copy trading features and enable trading directly from stock charts.
For technical analysis enthusiasts, BlackBull Markets stands out by offering 60 drawing tools for charting compared to GBE brokers' 15, though both do not specify the number of technical indicators available. When it comes to watchlists, GBE brokers has the edge with 7 columns compared to BlackBull's 6. Despite these differences, both firms earn a 4-star rating for their platforms and tools. Nevertheless, BlackBull Markets ranks higher at 29th place, while GBE brokers is positioned at 57th out of 62 brokers per ForexBrokers.com. This suggests if ranking is a priority for you, BlackBull Markets might be the preferable choice.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 30 |
| Charting - Drawing Tools (Total) | 60 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of BlackBull Markets and GBE Brokers, both companies offer applications for iPhone and Android, allowing you to trade on the go. Each app provides stock and forex price alerts and the ability to draw trendlines on charts. Users can enjoy 30 technical studies for analyzing market trends and have multiple time frames to view the charts, such as daily, weekly, or intraday options. Both platforms also allow users to create watchlists with real-time quotes and automatically save any chart drawings, ensuring your work isn't lost.
However, a key difference lies in the watchlist syncing feature. BlackBull Markets offers seamless watchlist symbol syncing, allowing changes made in the app to reflect in your online account, while GBE Brokers does not support this feature. Despite both receiving a four-star rating for mobile trading, BlackBull Markets ranks higher at #31 compared to GBE Brokers’ position at #57 among 62 brokers, according to ForexBrokers.com. This might indicate that while both apps are highly rated, BlackBull Markets may offer a slightly more integrated experience for users.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| 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.
When comparing BlackBull Markets and GBE Brokers for their market research offerings, both provide daily market commentary and sentiment-based trading tools. However, BlackBull Markets stands out with its access to Autochartist's technical and fundamental research tools, which are not available with GBE Brokers. Neither broker offers forex news from top-tier sources like Bloomberg or Reuters, and they also lack resources from Trading Central, TipRanks, and Acuity Trading. An economic calendar is available with both brokers, helping users keep track of global news events.
In terms of user ratings, BlackBull Markets boasts a higher rating for its research capabilities, receiving 4 out of 5 stars, compared to GBE Brokers' 3 stars. According to ForexBrokers.com, BlackBull Markets is ranked 18th out of 62 brokers for research, while GBE Brokers is positioned much lower at 61st. This difference in ranking highlights BlackBull Markets as a preferred choice for users interested in comprehensive market research tools and features.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| 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.
BlackBull Markets stands out as an excellent choice for beginners who are eager to learn about forex and CFDs. This online broker offers an impressive collection of over ten educational resources, including articles, videos, and webinars, specifically tailored to cover these topics. Beginners can participate in monthly webinars and access a robust archive of recorded sessions for continuous learning. Additionally, BlackBull Markets provides at least ten beginner-friendly videos focusing on trading fundamentals, complemented by advanced videos for experienced traders. An investor dictionary with over 50 terms further enhances their educational platform. These comprehensive resources have earned BlackBull Markets a solid four-star rating for education and position them at 29th in the Education category according to ForexBrokers.com.
In comparison, GBE Brokers falls short in providing educational support to beginners. The broker does not meet the minimum threshold of offering ten educational pieces focusing on forex or CFDs. GBE Brokers also lacks in organizing monthly webinars and does not maintain an archive of previously recorded webinars. While they have some educational materials, they do not offer the extensive beginner and advanced videos that BlackBull Markets provides. Additionally, GBE Brokers does not offer an investor dictionary. Due to these limitations, GBE Brokers is rated with three stars for education and ranks 62nd on the ForexBrokers.com list for educational offerings.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 GBE brokers. BlackBull Markets finished with an overall rank of #24, while GBE brokers finished with an overall rank of #56.
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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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 71 |
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Both BlackBull Markets and GBE brokers do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, GBE Brokers stands out with a wider array of account funding options, including ACH, SEPA transfers, and PayPal, which BlackBull Markets does not offer, while both platforms support Skrill, Visa, Mastercard, and bank wire 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 | GBE brokers | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | GBE brokers | |
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| Regulation | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Trust Score | 78 | 71 | |
| Year Founded | 2014 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | 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) | No | No |
| Investments | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 500 | |
| Forex Pairs (Total) | 72 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 30 | |
| Charting - Drawing Tools (Total) | 60 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| 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 | 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 | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | BlackBull Markets | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | BlackBull Markets | GBE brokers | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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