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Blackbull Markets logo

Blackbull Markets

6.9/10

Fidelity

6.4/10
3/10RegulationWinner7/10
4/10FeesWinner6/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research6/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while Fidelity was established in 2008 and is based in USA. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while Fidelity is regulated by Financial Conduct Authority (FCA) among others. Blackbull Markets serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $200 at Blackbull Markets and $100 at Fidelity.

Blackbull Markets wins this category
FeatureBlackbull MarketsFidelity
Min. Deposit$200$100
RegulationFinancial Services Providers Register (FSPR), FSPR number: FSP403326Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
Founded20142008
CountryNew ZealandUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackbull Markets and Fidelity, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Blackbull Markets). Blackbull Markets charges withdrawal fees while Fidelity does not, a notable advantage for frequent withdrawers. Fidelity applies inactivity fees on dormant accounts; Blackbull Markets does not. Blackbull Markets charges deposit fees; Fidelity does not. Overall, Fidelity scores higher on fees in our assessment.

Fidelity wins this category
FeatureBlackbull MarketsFidelity
Min. Deposit$200$100
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Blackbull Markets offers MT4, MT5, cTrader, while Fidelity supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Fidelity supports social and copy trading features, which Blackbull Markets does not offer. Blackbull Markets edges ahead on platform breadth and functionality in our scoring.

Blackbull Markets wins this category
FeatureBlackbull MarketsFidelity
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,MT5,mac,Android.iPhone/iPadiPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blackbull Markets and Fidelity compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Blackbull Markets scores higher overall in education and research.

Blackbull Markets wins this category
FeatureBlackbull MarketsFidelity
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blackbull Markets accepts 3 of the tracked payment methods (credit/debit card, Skrill, Neteller), while Fidelity supports 2 (bank transfer, credit/debit card). Blackbull Markets uniquely supports Skrill and Neteller among the two brokers. Fidelity uniquely supports bank transfer among the two brokers. Blackbull Markets scores higher on deposit and withdrawal flexibility.

Blackbull Markets wins this category
FeatureBlackbull MarketsFidelity
Bank TransferNoYes
Credit CardYesYes
PayPalNoNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blackbull Markets and Fidelity offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and Fidelity supports 2, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBlackbull MarketsFidelity
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, RussianEnglish, and Chinese