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BlackBull Markets vs Pepperstone

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

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.

PepperstoneTrust 9.2/10
ASIC
FCA
CySEC
DFSA

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission.

Quick verdict

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

Side-by-side comparison

FeatureBlackBull MarketsPepperstone
Trust score8.69.2
RegulatorsFMA-NZ, FSA-SeychellesASIC, FCA, CySEC, DFSA, BaFin, CMA, SCB
Headquarters
Founded
Min deposit$0.00$200
Max leverage1:5001:500
EUR/USD spread0.10 pips0.09 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
Withdrawal methods
Withdrawal speed
Base currencies

BlackBull Markets is best for

NZ residents
cTrader users
Small-account starters

Pepperstone is best for

Algo traders
Scalpers
cTrader users
AU and NZ residents