BlackBull Markets
Forex.com
Our Rating
72
61
72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
BlackBull Markets
Forex.com
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
FMA (New Zealand)
FSA (Seychelles)
CIMA (Cayman Islands)

Brokerage

Feature
BlackBull Markets
Forex.com
EUR/USD Avg. Raw Spread
0.23
-
GBP/USD Avg. Raw Spread
0.72
-
AUD/USD Avg. Raw Spread
0.65
-
EUR/USD Standard Spread
1.20
1.2
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.4
1.6
AUD/USD Avg. Standard Spread
1.7
1.4
Commissions (USD Base)
$3.00
$6.00
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
4+
4+
No Funding Fees

Markets and Instruments

Feature
BlackBull Markets
Forex.com
Currency Pairs
64+
80+
Cryptocurrency CFDs*
11+
8+
Index CFDs
15+
15+ (Standard Account)
Share CFDs
350+
220+ (Standard Account)
Commodities CFD
21+
26+
Stockbroking
23,000+
-
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
400:1
Retail Max. Leverage (Europe)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
400:1
Retail Max. Leverage (USA)
-
Spot 50:1
Futures 6.25:1
Retail Max. Leverage (Canada)
-
Major Pairs 33:1
Minor Pairs 17:1
Retail Max. Leverage (With offshore regulators)
Major Pairs: 500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
BlackBull Markets
Forex.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

BlackBull Markets
Forex.com
Our Rating
720
610
 

BlackBull Markets offers a RAW ECN account with spreads starting from 0.1 pips, while FOREX.com does not have a similar account. FOREX.com uses a spread-only pricing model for its standard account, while BlackBull Markets charges a commission on its RAW ECN account.

Both brokers do not charge deposit or withdrawal fees, providing a cost-effective solution for fund transfers. Neither BlackBull Markets nor FOREX.com charges inactivity fees, but overnight or swap fees may apply.

BlackBull Markets is regulated by the New Zealand Financial Markets Authority and the Seychelles Financial Services Authority, while FOREX.com holds multiple top-tier licences.