BlackBull Markets vs. XTB
Comparison: BlackBull Markets vs. XTB – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: XTB with an overall rating of 60%
Basic information
| Basic information | | |
|---|---|---|
| Deposit | 200 EUR/USD | 1 EUR/USD |
| Spreads | 0.76 EUR/USD | 0.9 EUR/USD |
| Established | 2014 | 2002 |
| Currency Pairs (Total Forex pairs) | 30 | 71 |
| Country | New Zealand | Poland, Cyprus, UK |
| Regulation | Yes | FCA (UK), Authorised in the European Union (EU), Cysec |
| Trading app | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Desktop Platform (Windows), Web Platform |
| Number of CFD asset classes | 3 | 6 |
| Broker type | MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | Yes | * Some of the payment methods may not be available in your country. Skrill, PayPal, Visa/Mastercard, Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
74% of retail CFD accounts lose money.
Comparison Result
Key Strengths
- At present, it seems that the broker we are reviewing does not have any specific advantages that distinguish it from the competition or stand out directly.
- Offers real stocks and ETFs
- Automatic investing
- Pays interest on uninvested funds
- Regulated by FCA (UK) and Cysec and under supervision
- Video content and webinars for clients
- XTB is a trustworthy brand established in 2002
Comparison by Categories
Comprehensive Comparison: BlackBull Markets vs XTB
Investments
38 % 75 %| Investments | BlackBull Markets | XTB |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 30 | 71 |
| CFDs – Total Offered | 50+ | 8600+ |
| Options CFD | No | No |
| Share CFDs | No | Yes |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | No | Yes |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | No | Yes |
Cost
100 % 40 %| Cost | BlackBull Markets | XTB |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 0.76 | 0.9 |
| Deposit from | 200 | 1 |
| Account fee | No | No |
| Inactivity fee | No | Yes |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | Yes |
| Deposit fees | No | Yes |
Trading app
29 % 29 %| Trading app | BlackBull Markets | XTB |
|---|---|---|
| Desktop Platform (Windows) | No | Yes |
| Web Platform | No | Yes |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
70 % 100 %| Trading Tools | BlackBull Markets | XTB |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | Yes |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | No | Yes |
| Finacial Calendar | No | Yes |
| Daily financial news | No | Yes |
| Order Type – Trailing Stop | Yes | Yes |
Research
17 % 100 %| Research | BlackBull Markets | XTB |
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | No | Yes |
| Social Sentiment – Currency Pairs | No | Yes |
| Economic Calendar | No | Yes |
| Research | No | Yes |
Education
33 % 100 %| Education | BlackBull Markets | XTB |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | No | Yes |
| Videos – Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | Yes |
| Education | No | Yes |
Forex
100 % 100 %| Forex | BlackBull Markets | XTB |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
36 % 82 %| Commodities | BlackBull Markets | XTB |
|---|---|---|
| Gold | Yes | Yes |
| Silver | Yes | Yes |
| WIT Oil | Yes | Yes |
| Brent Oil | Yes | Yes |
| Coffee | No | Yes |
| Cocoa | No | Yes |
| Soybeans | No | Yes |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | Yes |
| Palladium | No | Yes |
Indicies
100 % 100 %| Indicies | BlackBull Markets | XTB |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
0 % 60 %| Cryptocurrencies | BlackBull Markets | XTB |
|---|---|---|
| Bitcoin | No | Yes |
| Litecoin | No | Yes |
| Ethereum | No | Yes |
| Ripple | No | Yes |
| Neo | No | No |
| Stellar | No | Yes |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | Yes |
Regulations
0 % 50 %| Regulations | BlackBull Markets | XTB |
|---|---|---|
| Cysec | No | Yes |
| ASIC (Australia) | No | No |
| FCA (UK) | No | Yes |
| Authorised in the European Union (EU) | No | Yes |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | BlackBull Markets | XTB |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
29 % 60 %| Overall | BlackBull Markets | XTB |
|---|
Our Recommendations
Thanks to comprehensive educational materials and a user-friendly platform, XTB is an ideal choice for new traders.
Both brokers offer excellent trading platforms with similar features and user-friendliness.
offers competitive spreads and lower fees, making it ideal for active traders.