IC Markets vs. BlackBull Markets
Comparison: IC Markets vs. BlackBull Markets – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.
Winner of this comparison: IC Markets with an overall rating of 60%
Basic information
| Basic information |  IC Markets |  BlackBull Markets |
|---|---|---|
| Deposit | 200 EUR/USD | 200 EUR/USD |
| Spreads | 0.5 EUR/USD | 0.76 EUR/USD |
| Established | 2007 | 2014 |
| Currency Pairs (Total Forex pairs) | 90 | 30 |
| Country | UK | New Zealand |
| Regulation | FCA (UK), ASIC (Australia), Cysec | Yes |
| Trading app | MetaTrader 4 (MT4), cTrader, MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Number of CFD asset classes | 6 | 3 |
| Broker type | MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. Skrill, Qiwi, FasaPay, PayPal, Poli, Visa/Mastercard, Bank Wire | Yes |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
72.52% of retail investor accounts lose money when trading CFDs with this provider.
Comparison Result
In terms of overall rating, both brokers are equal – both have 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while BlackBull Markets sets it at 200 EUR/USD. The entry amount is the same for both. For IC Markets, the spread is 0.5 EUR/USD, while for BlackBull Markets it is 0.76 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while BlackBull Markets provides 30. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while BlackBull Markets has been operating since 2014. The longer tradition of IC Markets means greater experience. This advantage goes to BlackBull Markets, while IC Markets lacks it. IC Markets is overseen by 3 regulatory bodies, while BlackBull Markets has 0. More regulations at IC Markets enhance its trustworthiness. IC Markets supports 3 platforms, while BlackBull Markets offers 2. A greater choice of platforms gives IC Markets the lead.
60%
IC Markets
29%
BlackBull Markets
Key Strengths
IC Markets
- Competitive spreads and low commissions: Low variable spreads, from 0 pips.
- Wide range of trading instruments: Trading with over 2250 instruments.
- Support for all trading methods: Scalping, HFT, and automated trading.
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
Comprehensive Comparison: IC Markets vs BlackBull Markets
IC Markets BlackBull Markets Investments
75 % 38 %| Investments | IC Markets | BlackBull Markets |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 90 | 30 |
| CFDs – Total Offered | 300+ | 50+ |
| Options CFD | No | No |
| Share CFDs | Yes | No |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | Yes | No |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | Yes | No |
Cost
80 % 100 %| Cost | IC Markets | BlackBull Markets |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 0.5 | 0.76 |
| Deposit from | 200 | 200 |
| Account fee | No | No |
| Inactivity fee | Yes | No |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
43 % 29 %| Trading app | IC Markets | BlackBull Markets |
|---|---|---|
| Desktop Platform (Windows) | No | No |
| Web Platform | No | No |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Currenex | No | No |
| cTrader | Yes | No |
Trading Tools
100 % 70 %| Trading Tools | IC Markets | BlackBull Markets |
|---|---|---|
| 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 | Yes | No |
| Finacial Calendar | Yes | No |
| Daily financial news | Yes | No |
| Order Type – Trailing Stop | Yes | Yes |
Research
100 % 17 %| Research | IC Markets | BlackBull Markets |
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | Yes | No |
| Social Sentiment – Currency Pairs | Yes | No |
| Economic Calendar | Yes | No |
| Research | Yes | No |
Education
100 % 33 %| Education | IC Markets | BlackBull Markets |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
| Education | Yes | No |
Forex
100 % 100 %| Forex | IC Markets | BlackBull Markets |
|---|---|---|
| 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
91 % 36 %| Commodities | IC Markets | BlackBull Markets |
|---|---|---|
| Gold | No | Yes |
| Silver | Yes | Yes |
| WIT Oil | Yes | Yes |
| Brent Oil | Yes | Yes |
| Coffee | Yes | No |
| Cocoa | Yes | No |
| Soybeans | Yes | No |
| Rice | Yes | No |
| Corn | Yes | No |
| Platinum | Yes | No |
| Palladium | Yes | No |
Indicies
100 % 100 %| Indicies | IC Markets | BlackBull Markets |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
50 % 0 %| Cryptocurrencies | IC Markets | BlackBull Markets |
|---|---|---|
| Bitcoin | Yes | No |
| Litecoin | Yes | No |
| Ethereum | Yes | No |
| Ripple | Yes | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | Yes | No |
Regulations
50 % 0 %| Regulations | IC Markets | BlackBull Markets |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | Yes | No |
| FCA (UK) | Yes | No |
| Authorised in the European Union (EU) | No | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | IC Markets | BlackBull Markets |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
60 % 29 %| Overall | IC Markets | BlackBull Markets |
|---|
Our Recommendations
Best for IC Markets
Thanks to comprehensive educational materials and a user-friendly platform, IC Markets is an ideal choice for new traders.
Best Platform IC Markets
The trading platform of broker IC Markets 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.
IC Markets BlackBull Markets