Blackbull Markets
FxPro
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 FxPro was established in 2006 and is based in UK. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while FxPro is regulated by Financial Conduct Authority (FCA) among others. Blackbull Markets serves 10,000+ clients worldwide; FxPro has 10,000+. The minimum deposit is $200 at Blackbull Markets and $100 at FxPro.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) |
| Founded | 2014 | 2006 |
| Country | New Zealand | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and FxPro, directly affecting your bottom line as a trader. FxPro has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Blackbull Markets). Blackbull Markets charges withdrawal fees while FxPro does not, a notable advantage for frequent withdrawers. FxPro applies inactivity fees on dormant accounts; Blackbull Markets does not. Blackbull Markets charges deposit fees; FxPro does not. Overall, FxPro scores higher on fees in our assessment.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while FxPro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FxPro supports social and copy trading features, which Blackbull Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| 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, 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 FxPro 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.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 FxPro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FxPro uniquely supports bank transfer and PayPal among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| 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 FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 15 languages. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | FxPro |
|---|---|---|
| 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 | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese |