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BlackBull Markets vs FP Markets

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

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.

FP MarketsTrust 8.9/10
ASIC
CySEC
FSCA

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Quick verdict

  • Trust: FP Markets has the higher trust score.
  • EUR/USD spread: BlackBull Markets and FP Markets have identical EUR/USD spreads.

Side-by-side comparison

FeatureBlackBull MarketsFP Markets
Trust score8.68.9
RegulatorsFMA-NZ, FSA-SeychellesASIC, CySEC, FSCA
Headquarters
Founded
Min deposit$0.00$100
Max leverage1:5001:500
EUR/USD spread0.10 pips0.10 pips
Commission per lot$6$6
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methods
Withdrawal methods
Withdrawal speed
Base currencies

BlackBull Markets is best for

NZ residents
cTrader users
Small-account starters

FP Markets is best for

Cost-conscious traders
Stock CFD traders
AU residents