BlackBull Markets vs FXTM
Side-by-side comparison of regulation, trading costs, platforms, and account types for BlackBull Markets and FXTM.
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.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Quick verdict
- Trust: BlackBull Markets has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | BlackBull Markets | FXTM |
|---|---|---|
| Trust score | 8.6 | 8.0 |
| Regulators | FMA-NZ, FSA-Seychelles | FCA, CySEC, FSCA, FSC-Mauritius, CMA |
| Headquarters | — | Cyprus |
| Founded | — | 2011 |
| Min deposit | $0.00 | $10 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.10 pips | 0.00 pips |
| Commission per lot | $6 | $4 |
| 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, NGN |
BlackBull Markets is best for
NZ residents
cTrader users
Small-account starters
FXTM is best for
High-volume traders
Day traders
Copy traders