BlackBull Markets vs FXTM
Updated
Limited data: BlackBull Markets has 11 and FXTM has 9 of 12 comparable fields verified (we need 7 each for a full comparison). Treat this page as incomplete.
Key differences
- FXTM has a stronger best regulator (Tier 2) than BlackBull Markets (Tier 3).
- Only BlackBull Markets lists: FSA (Seychelles), NZ FSPR.
- Only FXTM lists: FSC (Mauritius), FSCA, SCA, CMA (Kenya).
- BlackBull Markets’s raw-account commission is $1.00 lower per round-turn lot ($3.00 vs $3.50 per side).
- BlackBull Markets offers cTrader, TradingView; FXTM does not list them.
- BlackBull Markets confirms copy trading; FXTM does not confirm it on its site.
Affiliate disclosure: links marked “Visit” go through our redirect and may earn us a commission from the broker. That never changes the data, the score or check results, which are computed by the same published method for every broker. Full disclosure.
| Field | BlackBull Markets | FXTM |
|---|---|---|
| Score | 60.4/100 | 72.5/100 |
| Regulators | FSA (Seychelles), NZ FSPR | FSC (Mauritius), FSCA, SCA, CMA (Kenya) |
| Founded | 2014 | Not verified |
| Platforms | MT4, MT5, cTrader, TradingView, ProprietaryBlackBull CopyTrader, BlackBull Invest. | MT4, MT5, ProprietaryFXTM App. |
| Minimum deposit | Not verified | $30Micro account. |
| Raw commission / side (advertised) | $3.00Raw, per side, FX and metals. | $3.50Advantage, forex. |
| Spread from, no-commission account (advertised) | 0.60Advertised 'from' spread on the lowest-spread commission-free account; not a measured average. (Pro). | 0.90Advertised 'from' spread on the lowest-spread commission-free account; not a measured average. (Rewards). |
| Measured EUR/USD spread | Not yet tested | Not yet tested |
| Max. leverage | 1:500 | 1:5000Floating; Rewards Plus and Rewards. |
| Copy trading | Yes | Not confirmed |
| Swap-free / Islamic | YesSelect markets; admin fees may apply. | YesRewards Plus, Rewards, Advantage. |
| Deposit methods | Visa, Mastercard, Bank transfer, Apple Pay, Google Pay, Crypto, Neteller, Skrill | Not verified |
| Restricted-country list | 5 listed (partial)Does not accept CA/US; not intended for EU, UK, India. | 17 listed (partial) |
| Visit |
Sources for each value are on the individual broker pages. Data verified 11 Oct 2026.
Risk warning: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly due to leverage. Most retail accounts lose money. Only trade with money you can afford to lose. Nothing on this site is investment advice. Read the full risk warning.