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BlackBull Markets vs FBS

Side-by-side comparison of regulation, trading costs, platforms, and account types for BlackBull Markets and FBS.

BlackBull MarketsTrust 8.6/10
FMA-NZ
FSA-Seychelles

New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.

FBSTrust 7.5/10
ASIC
CySEC
FSC-Belize

High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.

Quick verdict

  • Trust: BlackBull Markets has the higher trust score.
  • EUR/USD spread: BlackBull Markets is tighter on EUR/USD.

Side-by-side comparison

FeatureBlackBull MarketsFBS
Trust score8.67.5
RegulatorsFMA-NZ, FSA-SeychellesASIC, CySEC, FSC-Belize
HeadquartersBelize
Founded2009
Min deposit$0.00$1
Max leverage1:5001:3000
EUR/USD spread0.10 pips0.90 pips
Commission per lot$6$0.00
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal speed24h
Base currenciesUSD, EUR

BlackBull Markets is best for

NZ residents
cTrader users
Small-account starters

FBS is best for

Beginners
High-volume traders
Day traders