B
Blackbull Markets logo

Blackbull Markets

6.9/10
ifc markets logo

ifc markets

7.3/10
3/10RegulationWinner10/10
4/10WinnerFees0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
6/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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 ifc markets was established in 2016 and is based in Cyprus. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while ifc markets is regulated by Financial Conduct Authority (FCA) among others. Blackbull Markets serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $200 at Blackbull Markets and $250 at ifc markets.

ifc markets wins this category
FeatureBlackbull Marketsifc markets
Min. Deposit$200$250
RegulationFinancial Services Providers Register (FSPR), FSPR number: FSP403326Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F259
Founded20142016
CountryNew ZealandCyprus
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Blackbull Markets and ifc 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 ifc markets). Blackbull Markets charges withdrawal fees while ifc markets does not, a notable advantage for frequent withdrawers. ifc markets applies inactivity fees on dormant accounts; Blackbull Markets does not. Blackbull Markets charges deposit fees; ifc markets does not. Overall, Blackbull Markets scores higher on fees in our assessment.

Blackbull Markets wins this category
FeatureBlackbull Marketsifc markets
Min. Deposit$200$250
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Blackbull Markets offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blackbull Markets edges ahead on platform breadth and functionality in our scoring.

Blackbull Markets wins this category
FeatureBlackbull Marketsifc markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,MT5,mac,Android.iPhone/iPadMT4, 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 ifc markets compare. Blackbull Markets runs regular live webinars; ifc markets does not. Both provide video tutorials. Blackbull Markets publishes daily market commentary; ifc markets does not. Both integrate third-party research tools. Blackbull Markets maintains an archive of past webinars for on-demand viewing. Blackbull Markets scores higher overall in education and research.

Blackbull Markets wins this category
FeatureBlackbull Marketsifc markets
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports bank transfer and PayPal among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

ifc markets wins this category
FeatureBlackbull Marketsifc markets
Bank TransferNoYes
Credit CardYesYes
PayPalNoYes
SkrillYesYes
NetellerYesYes

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 ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and ifc markets supports 8, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.

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