Blackbull Markets
orbex
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Overview
Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while orbex was established in 2012 and is based in Cyprus. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while orbex is regulated by Financial Conduct Authority (FCA) among others. Blackbull Markets serves 10,000+ clients worldwide; orbex has 10,000+. The minimum deposit is $200 at Blackbull Markets and $250 at orbex.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Financial 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-F291 |
| Founded | 2014 | 2012 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and orbex, 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 orbex). Both brokers charge withdrawal fees. Blackbull Markets charges deposit fees; orbex does not. Overall, Blackbull Markets scores higher on fees in our assessment.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while orbex 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.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| MT4 | Yes | No |
| 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 orbex compare. Blackbull Markets runs regular live webinars; orbex does not. Both provide video tutorials. Blackbull Markets publishes daily market commentary; orbex 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.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 orbex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). orbex uniquely supports bank transfer and PayPal among the two brokers. orbex scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| 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 orbex offer live chat support. Both provide phone support. Email support is available at both brokers. Blackbull Markets supports 15 languages and orbex supports 8, giving Blackbull Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | orbex |
|---|---|---|
| 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 |