Blackbull Markets
Forex Club
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while Forex Club was established in 2008 and is based in Russia. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Blackbull Markets serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $200 at Blackbull Markets and $100 at Forex Club.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2014 | 2008 |
| Country | New Zealand | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Blackbull Markets). Blackbull Markets charges withdrawal fees while Forex Club does not, a notable advantage for frequent withdrawers. Blackbull Markets charges deposit fees; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while Forex Club supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Club supports social and copy trading features, which Blackbull Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,MT5,mac,Android.iPhone/iPad | MT4,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blackbull Markets and Forex Club 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. The two brokers are evenly matched on educational content.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 Forex Club supports 2 (bank transfer, credit/debit card). Blackbull Markets uniquely supports Skrill and Neteller among the two brokers. Forex Club uniquely supports bank transfer among the two brokers. Blackbull Markets scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 Forex Club offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and Forex Club supports 2, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, and Chinese |