A head-to-head comparison of AMarkets and BlackBull Markets across regulation, trading costs, platforms, and editorial scoring.
SVG FSA-regulated broker with genuine ECN conditions on MT4, MT5, and cTrader, a well-regarded PAMM system, and an established following in Russia, Ukraine, and Central Asia.
New Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.
BlackBull Markets edges ahead with a score of 4.1/5 vs AMarkets's 3.8/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0 pips.
BlackBull Markets has a stronger safety profile: top-tier regulation, segregated funds, negative balance protection.
BlackBull Markets offers more exclusive platform options: TradingView, DXtrade.
BlackBull Markets edges out AMarkets with a higher editorial score (4.1/5 vs 3.8/5), indicating a stronger overall experience for new traders.
| Editorial score | 3.8/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.1 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 4.3 / 5▲ |
Platforms & Tools 20% weight | 4.1 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 3.9 / 5▲ | 3.8 / 5 |
| Founded | 2007 | 2014 |
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Auckland, New Zealand |
| Min deposit | $100 | No minimum |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $6/lot |
| Max leverage | 3000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | SVGFSA | FMA FSC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 MetaTrader 5 cTrader TradingView DXtrade |
| Active bonuses | ||
| Visit broker | Visit AMarkets | Visit BlackBull Markets |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Supports all three major platforms: MT4, MT5, and cTrader
Regulated under FSC - well-established for offshore clients
No minimum deposit on standard account
Good for Asia-Pacific timezone traders
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
SVG FSA registration only - no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
ECN commission of $6/lot round-turn is above some peers
Customer support timezone is NZ-centric
Brand recognition outside APAC is limited
No investor compensation scheme
No proprietary platform
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | BlackBull Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, BlackBull Markets ranks higher with a score of 4.1/5 vs 3.8/5 for AMarkets. The best choice still depends on your individual trading needs; AMarkets and BlackBull Markets may each suit different trader profiles.
Both AMarkets and BlackBull Markets offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
BlackBull Markets has a lower minimum deposit of no minimum required, while AMarkets requires at least $100. This makes BlackBull Markets more accessible for traders with limited starting capital.
BlackBull Markets holds top-tier regulation (FMA, FSC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: BlackBull Markets has a lower minimum deposit (no minimum), lowering the barrier to entry; BlackBull Markets offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
AMarkets offers maximum leverage of 3000:1, while BlackBull Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both AMarkets and BlackBull Markets charge the same commission of $6 per lot on applicable accounts.
AMarkets supports MetaTrader 4, MetaTrader 5, cTrader and BlackBull Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, DXtrade; both support MetaTrader 4, MetaTrader 5, cTrader; BlackBull Markets exclusively offers TradingView, DXtrade.
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