FXOpen vs. BlackBull Markets

Comparison: FXOpen 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: FXOpen with an overall rating of 36%

FXOpen vs. BlackBull Markets

Basic information

Basic information
FXOpen BlackBull Markets
Deposit 100 EUR/USD 200 EUR/USD
Spreads 1 EUR/USD 0.76 EUR/USD
Established 2005 2014
Currency Pairs (Total Forex pairs) 95 30
Country UK, Australia New Zealand
Regulation FCA (UK), ASIC (Australia) Yes
Trading app MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5) MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Number of CFD asset classes 5 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. 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.

75% 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 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.
36%
FXOpen
29%
BlackBull Markets

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

  1. Investments 62 38
  2. Cost 80 100
  3. Trading app 43 29
  4. Trading Tools 100 70
  5. Research 33 17
  6. Education 33 33
  7. Forex 100 100
  8. Commodities 0 36
  9. Indicies 60 100
  10. Cryptocurrencies 20 0
  11. Regulations 33 0
  12. Support 100 100
  13. Overall 36 29

Comprehensive Comparison: FXOpen vs BlackBull Markets

FXOpen
BlackBull Markets

Investments

62 % 38 %
Investments
Investments FXOpenBlackBull Markets
Currency Pairs (Total Forex pairs) 95 30
CFDs – Total Offered 110+ 50+
Options CFD No No
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No No
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes No

Cost

80 % 100 %
Cost
Cost FXOpenBlackBull 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 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
Trading app FXOpenBlackBull Markets
Desktop Platform (Windows) Yes 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 No No

Trading Tools

100 % 70 %
Trading Tools
Trading Tools FXOpenBlackBull 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

33 % 17 %
Research
Research FXOpenBlackBull Markets
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No No
Social Sentiment – Currency Pairs No No
Economic Calendar No No
Research No No

Education

33 % 33 %
Education
Education FXOpenBlackBull Markets
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No No
Videos – Advanced Trading Videos No No
Investor Dictionary (Glossary) No No
Education No No

Forex

100 % 100 %
Forex
Forex FXOpenBlackBull 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

0 % 36 %
Commodities
Commodities FXOpenBlackBull Markets
Gold No Yes
Silver No Yes
WIT Oil No Yes
Brent Oil No Yes
Coffee No No
Cocoa No No
Soybeans No No
Rice No No
Corn No No
Platinum No No
Palladium No No

Indicies

60 % 100 %
Indicies
Indicies FXOpenBlackBull Markets
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes

Cryptocurrencies

20 % 0 %
Cryptocurrencies
Cryptocurrencies FXOpenBlackBull Markets
Bitcoin Yes No
Litecoin No No
Ethereum Yes No
Ripple No No
Neo No No
Stellar No No
Cardano No No
Tron No No
Monero No No
EOS No No

Regulations

33 % 0 %
Regulations
Regulations FXOpenBlackBull Markets
Cysec No 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
Support FXOpenBlackBull Markets
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

36 % 29 %
Overall
Overall FXOpenBlackBull Markets

Our Recommendations

Best for BlackBull Markets

Thanks to comprehensive educational materials and a user-friendly platform, BlackBull Markets is an ideal choice for new traders.

Best Platform FXOpen

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.

FXOpen BlackBull Markets