Blackbull Markets
IC Markets
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Overview
Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while IC Markets was established in 2007 and is based in Australia. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Blackbull Markets serves 10,000+ clients worldwide; IC Markets has 60,000+. Both brokers share the same minimum deposit of $200.
| Feature | Blackbull Markets | IC Markets |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2014 | 2007 |
| Country | New Zealand | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and IC Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Blackbull Markets charges withdrawal fees while IC Markets does not, a notable advantage for frequent withdrawers. Blackbull Markets charges deposit fees; IC Markets does not. Overall, IC Markets scores higher on fees in our assessment.
| Feature | Blackbull Markets | IC Markets |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while IC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC 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 | IC 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, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blackbull Markets and IC 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 | IC 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 IC Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). IC Markets uniquely supports bank transfer and PayPal among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | IC 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 IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and IC Markets supports 8, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | IC 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, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more |