A head-to-head comparison of BlackBull Markets and Capital.com across regulation, trading costs, platforms, and editorial scoring.
New Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.
Very low minimum deposit, AI-powered trading insights, zero commission, and strong FCA/ASIC/CySEC regulation - accessible for new traders.
Capital.com edges ahead with a score of 4.3/5 vs BlackBull Markets's 4.1/5. 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.
BlackBull Markets offers tighter spreads from 0 pips vs 0.6 pips for Capital.com, reducing trading costs.
Capital.com has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
BlackBull Markets has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
BlackBull Markets offers more exclusive platform options: MetaTrader 4, MetaTrader 5, cTrader, TradingView, DXtrade.
Capital.com edges out BlackBull Markets with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.3 / 5▲ |
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.2 / 5 |
Platforms & Tools 20% weight | 4.0 / 5 | 4.5 / 5▲ |
Customer Support 10% weight | 3.8 / 5 | 4.2 / 5▲ |
| Founded | 2014 | 2016 |
| Headquarters | Auckland, New Zealand | London, United Kingdom |
| Min deposit | No minimum | $20 |
| Spreads from | 0 pips | 0.6 pips |
| Commission / lot | $6/lot | N/A |
| Max leverage | 500:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | FMA FSC | FCA ASIC MAS CySEC CMA |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView DXtrade | Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit BlackBull Markets | Visit Capital.com |
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
Pros
Very low $20 minimum deposit
AI-powered pattern recognition built into proprietary platform
Zero commission on all trades
FCA, ASIC, CySEC, and MAS regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
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
Cons
Proprietary platform only - no MT4 or MT5
Limited product range for advanced traders
No phone support
No raw spread account option
No MetaTrader support
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | BlackBull Markets | Capital.com |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, Capital.com ranks higher with a score of 4.3/5 vs 4.1/5 for BlackBull Markets. The best choice still depends on your individual trading needs; BlackBull Markets and Capital.com may each suit different trader profiles.
BlackBull Markets offers tighter spreads starting from 0 pips, compared to Capital.com's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
BlackBull Markets has a lower minimum deposit of no minimum required, while Capital.com requires at least $20. This makes BlackBull Markets more accessible for traders with limited starting capital.
Both BlackBull Markets and Capital.com hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: BlackBull Markets has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
BlackBull Markets offers maximum leverage of 500:1, while Capital.com offers up to 30:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
BlackBull Markets charges $6 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
BlackBull Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, DXtrade and Capital.com offers Proprietary Web/Mobile; BlackBull Markets exclusively offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, DXtrade; Capital.com exclusively offers Proprietary Web/Mobile.
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