Written by ForexBrokers.com
In this head to head comparison of Markets.com vs BlackBull Markets, 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.
When evaluating online brokers, regulatory credentials and trust scores can greatly influence a trader's decision. Markets.com, established in 1999, carries a strong reputation, supported by a ForexBrokers.com Trust Score of 93, placing it in the highly trusted category. It holds three Tier-1 licenses and one Tier-2 license, ensuring a robust regulatory framework. In contrast, BlackBull Markets, founded in 2014, is rated with a Trust Score of 78, which signals an average risk level. With only one Tier-1 license and no Tier-2 licenses, BlackBull Markets may present a higher risk for traders seeking stringent regulatory protection.
Neither Markets.com nor BlackBull Markets is listed on a stock exchange or operates as a bank, which can be a consideration for investors seeking diversified financial services. Traders looking for a broker with a track record of trust and regulatory compliance would likely lean towards Markets.com, given its higher trust score and greater number of Tier-1 licenses. Meanwhile, those who are comfortable with a moderate level of risk might consider BlackBull Markets. Overall, selecting the right broker depends on one's comfort with risk and the importance placed on regulatory oversight.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers, Markets.com and BlackBull Markets offer distinct pricing structures. Markets.com currently holds a 3.5-star rating in this category and is ranked 49th out of 62 brokers according to ForexBrokers.com. Without access to average spread data for Markets.com, the specific trading costs remain unclear, making it challenging to directly compare its fees to other brokers in the industry.
BlackBull Markets, on the other hand, offers competitive pricing with a 4.5-star rating and ranks 18th out of 62 brokers for commissions and fees. Trading costs at BlackBull Markets can vary based on the type of account a trader chooses. For instance, the Prime account features an attractive average spread of 0.16 on the EUR/USD, translating to an all-in cost of 0.76 after incorporating a commission of 0.3 pips or $6 per 10,000 traded. This account requires a $2,000 minimum deposit and charges $6 per round turn per lot, making it a preferred choice over the commission-free Standard account, which offers higher spreads.
BlackBull Markets also has an ECN Institutional account tailored for active traders who can deposit at least $20,000. This account offers a reduced commission rate of $4 per round turn. While Markets.com provides a more straightforward option without accessible spread data, BlackBull Markets offers tailored choices to fit different trading needs, giving traders significant control over their trading expenses.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.71 |
| All-in Cost EUR/USD - Active | N/A | 0.71 |
| Active Trader or VIP Discounts | Yes | Yes |
| 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.
When comparing Markets.com and BlackBull Markets for investment offerings, certain differences become apparent. Both platforms provide investors access to forex trading via CFDs or spot contracts. However, BlackBull Markets stands out with a significantly wider array of tradeable symbols, with 26,000 options compared to Markets.com's 2179. In terms of forex pairs, BlackBull Markets again takes the lead with 72 options, surpassing Markets.com's 57 pairs. While neither platform offers actual cryptocurrency investments, they both provide access to cryptocurrency derivatives. Furthermore, an additional perk shared by both platforms is the ability to engage in copy trading, appealing to those who wish to mimic the strategies of seasoned investors.
Looking at exchange-traded securities, BlackBull Markets offers a notable advantage by enabling users to invest in stocks from the U.S. and international exchanges, whereas Markets.com does not extend this capability. This contributes to BlackBull Markets' higher overall rating for the range of investments, earning a full five stars and a ranking of 6th out of 62 brokers, compared to Markets.com's four-star rating and 29th place. These distinctions make BlackBull Markets a more attractive choice for investors seeking a broader selection, particularly in traditional equities.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 26000 |
| Forex Pairs (Total) | 57 | 72 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | 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.
When choosing between Markets.com and BlackBull Markets for their trading platforms and tools, traders will find several key similarities and a few noteworthy differences. Both brokers offer simulated trading through free demo accounts, allowing users to practice without financial risk. Markets.com stands out with its proprietary trading platform, designed and maintained in-house. In contrast, BlackBull Markets does not offer its own platform but provides popular options like MetaTrader 4 and 5. Both brokers support web-based and Windows desktop platforms, and they both facilitate copy trading. However, only BlackBull Markets offers ZuluTrade for social trading.
Charting tools and usability are areas where BlackBull Markets takes a slight edge. While both brokers allow users to create watch lists with six columns, BlackBull Markets offers 60 drawing tools for charting, significantly more than the four provided by Markets.com. Furthermore, BlackBull enables trading directly from stock charts, a feature absent in Markets.com. Both platforms have been rated four stars for their trading platforms and tools by ForexBrokers.com, but Markets.com is ranked slightly higher at #26 out of 62 brokers compared to BlackBull's #28. Ultimately, the choice will hinge on whether traders prioritize a proprietary platform or a broader array of charting tools and social trading options.
| Feature |
Markets.com
|
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) | 89 | 109 |
| Charting - Drawing Tools (Total) | 4 | 60 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Markets.com and BlackBull Markets provide traders with a comprehensive mobile trading experience, available for both iOS and Android users. Both platforms offer essential features like stock and forex price alerts, the ability to draw trendlines, and options to create watchlists with real-time quotes. Notably, these platforms also allow synchronization of your watchlists with your online account, enabling seamless management whether you're trading on-the-go or from your home setup. When it comes to app ratings, both brokers share a rating of 4 out of 5 stars, highlighting their mobile offerings' competitiveness.
Despite these similarities, some distinctions set these mobile trading apps apart. BlackBull Markets stands out with its provision of 30 technical studies for charting, unlike Markets.com, which primarily relies on its default MT4. Furthermore, BlackBull Markets allows users to view multiple time frames, such as daily and intraday, and its app can auto-save chart drawings — features that Markets.com's app currently lacks. In the ranking of mobile trading apps by ForexBrokers.com, BlackBull Markets sits slightly ahead at #30 out of 62 brokers, while Markets.com ranks at #33, suggesting a minor edge in BlackBull Markets' favor concerning mobile trading functionalities.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Markets.com and BlackBull Markets offer solid options for market research, making them viable choices for informed trading. Each platform provides daily market commentary and an economic calendar that outlines global events affecting various economies. A key distinction is in forex news—Markets.com delivers updates from leading outlets like Bloomberg and Reuters, while BlackBull Markets does not. This difference might sway those who prioritize timely news from high-tier sources. Additionally, both brokers feature sentiment-based trading tools, allowing traders to gauge the market's leaning on various currency pairs or instruments.
When it comes to technical and fundamental analysis tools, BlackBull Markets takes a step forward by offering resources like Autochartist, whereas Markets.com does not offer such tools from notable providers. However, neither broker includes research tools from companies like Trading Central, Acuity Trading, or TipRanks. As a result of these offerings, both Markets.com and BlackBull Markets are rated with four stars for research. They are closely ranked by ForexBrokers.com, with Markets.com at #17 and BlackBull Markets following at #18 out of 62 brokers, demonstrating their competitive standing in the research offerings category.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| 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.
When it comes to educational resources for beginners, BlackBull Markets stands out compared to Markets.com. BlackBull Markets offers comprehensive forex and CFDs education, providing a collection of more than 10 educational materials focused on these subjects. In contrast, Markets.com falls short in this area. Both platforms do host frequent educational webinars for clients at least once a month, which cater to the ongoing learning needs of traders. However, BlackBull Markets further enhances its offerings with a searchable archive of past webinars, allowing users to revisit valuable content anytime, a feature not available with Markets.com.
Furthermore, both Markets.com and BlackBull Markets supply a wide range of educational videos tailored for both beginners and advanced traders. This gives users a varied learning experience based on their skill levels. Nonetheless, BlackBull Markets provides an added educational tool with an investor dictionary comprising definitions of more than 50 investing terms, a resource that beginners might find particularly helpful. Overall, both brokers are rated four stars for their educational offerings, but BlackBull Markets ranks slightly higher than Markets.com in industry evaluations, securing the 29th position compared to Markets.com's 34th rank out of 62 brokers reviewed by ForexBrokers.com.
| Feature |
Markets.com
|
BlackBull Markets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Markets.com is better than BlackBull Markets. Markets.com finished with an overall rank of #23, while BlackBull Markets finished with an overall rank of #24.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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BlackBull Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 78 |
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Both online brokers, Markets.com and BlackBull Markets, do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both Markets.com and BlackBull Markets do not offer ACH or SEPA transfers or PayPal for depositing or withdrawing account funds, but both provide Skrill, Visa or Mastercard, and bank wire options for these financial 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 | Markets.com | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | Markets.com | BlackBull Markets | |
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| Regulation | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 93 | 78 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 26000 | |
| Forex Pairs (Total) | 57 | 72 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | 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 | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.71 | |
| All-in Cost EUR/USD - Active | N/A | 0.71 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| 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 | Markets.com | 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 | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 89 | 109 | |
| Charting - Drawing Tools (Total) | 4 | 60 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | BlackBull Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | BlackBull Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | BlackBull Markets Review |
| Overall | Markets.com | BlackBull Markets | |
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| Trust Score | 93 | 78 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
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