BlackBull Markets vs CFI Financial
Side-by-side comparison of regulation, trading costs, platforms, and account types for BlackBull Markets and CFI Financial.
New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.
Multi-region CFD broker with entities in Cyprus, UAE, Lebanon, Jordan, and previously Oman. Offers tight spreads on forex, indices, commodities, and equities through MT4/MT5 plus their proprietary platform. Important regulatory notes: on 18 September 2025, Oman's Financial Services Authority cancelled CFI Financial LLC's capital-market licence for AML/CFT breaches and out-of-scope activity. Earlier, in May 2022, the CySEC entity was fined EUR 150,000 for AML/CFT breaches. CFI's DFSA (Dubai), CySEC (Cyprus, post-fine), and other regional licences remain active per current public records, but the dual AML enforcement history is worth weighing. Existing clients should verify which entity holds their account.
Quick verdict
- Trust: BlackBull Markets has the higher trust score.
- EUR/USD spread: BlackBull Markets is tighter on EUR/USD.
Side-by-side comparison
| Feature | BlackBull Markets | CFI Financial |
|---|---|---|
| Trust score | 8.6 | 8.4 |
| Regulators | FMA-NZ, FSA-Seychelles | FCA, CySEC, DFSA, JSC, FSA-Seychelles, FSC-Mauritius, CMA-Lebanon, VFSC |
| Headquarters | — | Beirut, Lebanon |
| Founded | — | 1998 |
| Min deposit | $0.00 | $0.00 |
| Max leverage | 1:500 | 1:500 |
| EUR/USD spread | 0.10 pips | 0.50 pips |
| Commission per lot | $6 | $7 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | — | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | — | 24h |
| Base currencies | — | USD, EUR, GBP |