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 |
When comparing online brokers, BlackBull Markets and GBE brokers offer different structures for commissions and fees. Trading costs at BlackBull Markets are fairly average, depending on the chosen account type. The Prime account presents a compelling option with an average spread on the EUR/USD of 0.16, leading to an all-in cost of 0.76 after including the per-side commission of 0.3 pips or $6 per 10,000 traded. The Standard account is commission-free with no minimum deposit but comes with higher spreads. For active traders making higher deposits, the ECN Institutional account offers even lower commission rates of $2 per side with a minimum of $20,000 deposit.
On the other hand, GBE brokers don't provide average spread data, making it somewhat difficult to compare directly with BlackBull Markets. However, GBE brokers hold a four-star rating out of five for their commissions and fees, slightly lower than BlackBull Markets’ 4.5-star rating. This difference is reflected in the rankings by ForexBrokers.com, where BlackBull Markets ranks 19th out of 62 brokers in the Commissions and Fees category, whereas GBE brokers stand at 36th.
| Feature |
BlackBull Markets
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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 | 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 users with a robust selection of trading platforms and tools, catering to a wide range of trading preferences. Each broker offers simulated or demo accounts that allow traders to practice without any financial risk. When it comes to trading platforms, both brokers support popular choices like MetaTrader 4 and MetaTrader 5, along with web-based and Windows desktop applications. Although neither broker offers a proprietary platform, BlackBull Markets stands out by including ZuluTrade, a well-known platform for copy trading, that GBE Brokers does not offer. Additionally, BlackBull Markets boasts an impressive 60 drawing tools for charting, significantly more than the 15 available with GBE Brokers.
For traders keen on customizing their watch lists, GBE Brokers offers a slight edge with seven fields available compared to BlackBull Markets' six. Both brokers allow users to trade directly from stock charts, providing convenience for active traders. Despite equal ratings of four out of five stars for their trading platforms and tools, BlackBull Markets is highly ranked at #28 out of 62 brokers, while GBE Brokers falls behind at #57 according to ForexBrokers.com. This difference in ranking could reflect BlackBull Markets' broader offering of charting tools and copy trading options, appealing to traders who value flexibility and 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.
BlackBull Markets and GBE brokers both provide impressive mobile trading apps that are compatible with iPhone and Android devices. Both platforms offer essential features such as stock and forex price alerts and the ability to draw trendlines on charts. Also, users can explore multiple time frames, whether daily, weekly, or intraday, and benefit from auto-saving drawings on charts. Each broker offers the convenience of creating watchlists that update with real-time quotes.
While both brokers support 30 technical studies for charting, BlackBull Markets stands out with its feature for syncing watchlists between the mobile app and the online account, a feature not available with GBE brokers. This can be particularly advantageous for users who frequently switch between devices. When it comes to ratings, both apps receive four out of five stars for mobile trading. However, BlackBull Markets ranks significantly higher (#30) compared to GBE brokers (#57) according to ForexBrokers.com, indicating a more favorable user experience overall.
| 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
|
GBE brokers
|
|---|---|---|
| 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 | 0.76 | 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 | 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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