Blackbull Markets
fx global markets
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Overview
Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while fx global markets was established in 2017 and is based in United States. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Blackbull Markets serves 10,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $200 at Blackbull Markets and $250 at fx global markets.
| Feature | Blackbull Markets | fx global markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 2014 | 2017 |
| Country | New Zealand | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and fx global markets, directly affecting your bottom line as a trader. Blackbull Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at fx global markets). Both brokers charge withdrawal fees. Blackbull Markets charges deposit fees; fx global markets does not. Overall, Blackbull Markets scores higher on fees in our assessment.
| Feature | Blackbull Markets | fx global markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while fx global markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx global markets supports social and copy trading features, which Blackbull Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Blackbull Markets | fx global markets |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blackbull Markets and fx global markets 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 | fx global markets |
|---|---|---|
| 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 fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports bank transfer and PayPal among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | fx global markets |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
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 fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and fx global markets supports 8, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | fx global markets |
|---|---|---|
| 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, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |