Two regulation-forward brokers clash over platforms, costs, and coverage. The tension hinges on how platform choices and pricing shape your trading experience.
Capital.com edges BlackBull Markets on the editorial score, driven by stronger platforms and broader regulation, while both maintain segregated client funds.
Find out which broker best suits your trader profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want MT4/MT5 and cTrader across multiple platforms. It also offers raw spreads with a $6/lot ECN and a $0 minimum deposit.
Choose Capital.com if…
Choose Capital.com if you prefer zero commissions and a low $20 minimum deposit on a proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
BlackBull Markets offers tighter spreads from 0.00 pips vs 0.60 pips for Capital.com, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.3 / 5▲ |
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)
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 |
The scores are close: BlackBull Markets rates 4.1/5 and Capital.com rates 4.3/5. Capital.com has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
BlackBull Markets starts from 0 pips, tighter than Capital.com's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
BlackBull Markets has no minimum deposit, 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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: BlackBull Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
BlackBull Markets lists maximum leverage of 500:1, while Capital.com lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
BlackBull Markets charges $6 per lot on commission-based accounts. Commission details for Capital.com are not currently available. Check their website for up-to-date pricing.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while Capital.com supports Proprietary Web/Mobile. BlackBull Markets has exclusive access to cTrader and MetaTrader 5 and TradingView and DXtrade and MetaTrader 4. Capital.com has exclusive access to Proprietary Web/Mobile.
Capital.com wins safety & regulation with FCA, ASIC, CySEC, MAS, and CMA oversight.
BlackBull Markets is best for active traders due to multiple platforms, high leverage, and broad instrument coverage.
BlackBull Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
BlackBull Markets offers MT4/MT5 and cTrader plus other tools, delivering platform variety.
Capital.com is better for beginners due to low $20 minimum and zero commissions.
BlackBull Markets wins instrument variety with around 26,000 instruments.
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▼ lower | $20 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | None | $10/month (after 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerPayPalApple PayGoogle Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSC FMA | FCA MAS ASIC CySEC CMA |
|---|
| Platforms | cTrader MetaTrader 5 TradingView DXtrade MetaTrader 4 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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