BlackBull Marketsvs
CMC MarketsForex Broker Comparison
Two brokers clash over regulation scope and platform strength. The debate hinges on protection, compensation, and the breadth of offerings.
Our Verdict
CMC Markets winsby 0.4 pts
CMC Markets edges BlackBull Markets on the editorial score. Its higher trust/regulation and stronger platform options underpin the overall lead.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1BlackBull imposes no inactivity fee while CMC charges after 12 months.
- 2CMC offers investor compensation scheme; BlackBull has none.
- 3BlackBull provides 26,000 instruments versus 12,000 at CMC.
Who should choose BlackBull Markets vs CMC Markets?
Find out which broker best suits your trader profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want no inactivity fee.
Choose CMC Markets if…
Choose CMC Markets if you value investor compensation and a strong proprietary platform.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
BlackBull Markets offers tighter spreads from 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
Recommended
BlackBull Markets vs CMC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.6 / 5▲ |
BlackBull Markets vs CMC Markets Forex Broker Pros & Cons
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)
BlackBull Markets vs CMC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
BlackBull Markets
criteria wins
2
CMC Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | BlackBull Markets | CMC Markets |
|---|---|---|
| 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 | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
BlackBull Markets vs CMC Markets: Frequently Asked Questions
The scores are close: BlackBull Markets rates 4.1/5 and CMC Markets rates 4.5/5. CMC Markets 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 CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither BlackBull Markets nor CMC Markets requires a minimum deposit, making both accessible regardless of starting capital.
Both BlackBull Markets and CMC Markets 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
BlackBull Markets lists maximum leverage of 500:1, while CMC Markets 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 CMC Markets are not currently available. Check their website for up-to-date pricing.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. BlackBull Markets has exclusive access to cTrader and MetaTrader 5 and TradingView and DXtrade. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile.
