FXOpen vs. BlackBull Markets

FXOpen
55%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2005
Currency Pairs (Total Forex pairs) 95
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
MetaTrader 5 (MT5)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
BlackBull Markets
1%
Deposit 200 EUR/USD
Spreads 0.76 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2014
Currency Pairs (Total Forex pairs) 30
Country: New Zealand
Regulation:
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 3
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Real Stocks and ETFs:

Winner of the comparison

36%
FXOpen
Winner
29%
BlackBull Markets
In terms of overall rating, both brokers are equal – both have 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while BlackBull Markets sets it at 200 EUR/USD. Thanks to the lower deposit, FXOpen is more welcoming to traders with smaller budgets. For FXOpen, the spread is 1 EUR/USD, while for BlackBull Markets it is 0.76 EUR/USD. Lower spreads at BlackBull Markets give it the edge. FXOpen offers 95 forex pairs, while BlackBull Markets provides 30. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while BlackBull Markets has been operating since 2014. The longer tradition of FXOpen means greater experience. This advantage goes to BlackBull Markets, while FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while BlackBull Markets has 0. More regulations at FXOpen enhance its trustworthiness. FXOpen supports 3 platforms, while BlackBull Markets offers 2. A greater choice of platforms gives FXOpen the lead.

Comprehensive Comparison: FXOpen vs BlackBull Markets

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: FXOpen with an overall rating of 36%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
BlackBull Markets
Min. Deposit
200
EUR/USD Spread
0.76
Currency Pairs
30
Year Established
2014

Key Strengths

FXOpen
    • Micro accounts from just 1 USD allow starting with minimal capital
    • Support for MetaTrader 4 and 5 - the standard among traders
    • Free demo accounts for practicing strategies
BlackBull Markets
    • 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.

Comparison by Categories

Trading Tools
FXOpen
100%
BlackBull Markets
70%
Trading Platforms
FXOpen
43%
BlackBull Markets
29%
Trading Costs
FXOpen
80%
BlackBull Markets
100%
Educational Materials
FXOpen
33%
BlackBull Markets
33%
Customer Support
FXOpen
100%
BlackBull Markets
100%
Overall Rating
FXOpen
36%
BlackBull Markets
29%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, BlackBull Markets is an ideal choice for new traders.
Best Platform
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
BlackBull Markets offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# FXOpen BlackBull Markets
Currency Pairs (Total Forex pairs) 95 30
CFDs – Total Offered 110+ 50+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 38%
Winner
Cost
# FXOpen BlackBull Markets
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 0.76
Deposit from 100 200
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 100%
Winner
Trading app
# FXOpen BlackBull Markets
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 29%
Winner
Trading Tools
# FXOpen BlackBull Markets
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 70%
Winner
Research
# FXOpen BlackBull Markets
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 33% 17%
Winner
Education
# FXOpen BlackBull Markets
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 33%
Winner
Forex
# FXOpen BlackBull Markets
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# FXOpen BlackBull Markets
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 36%
Winner
Indicies
# FXOpen BlackBull Markets
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# FXOpen BlackBull Markets
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 0%
Winner
Regulations
# FXOpen BlackBull Markets
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 0%
Winner
Support
# FXOpen BlackBull Markets
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# FXOpen BlackBull Markets
Go to the full broker review FXOpen BlackBull Markets
Win / Loss % 36% 29%
Winner