In this side-by-side, BlackBull Markets and Deriv fight on regulation prestige, platform reach, and instrument access, creating a tight race with distinct strengths.
BlackBull Markets and Deriv are closely matched, but BlackBull’s top-tier regulator status sets it apart.
Find out which broker best suits your trader profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you value phone support, top-tier regulation, and raw spreads.
Choose Deriv if…
Choose Deriv if you want a proprietary platform option and a smaller instrument universe.
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 0.50 pips for Deriv, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5▲ | 4.0 / 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 | Deriv |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| 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 | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
BlackBull Markets and Deriv share the same editorial score of 4.1/5. One concrete differentiator: BlackBull Markets requires a lower minimum deposit.
BlackBull Markets starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
BlackBull Markets has no minimum deposit, while Deriv requires at least $5. This makes BlackBull Markets more accessible for traders with limited starting capital.
BlackBull Markets holds top-tier regulation (FSC, FMA), providing stronger investor protections. Deriv may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
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 Deriv lists up to 1000:1. 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 Deriv are not currently available. Check their website for up-to-date pricing.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade. Both provide MetaTrader 5 and DXtrade. BlackBull Markets has exclusive access to cTrader and TradingView and MetaTrader 4. Deriv has exclusive access to Proprietary Web/Mobile.
BlackBull Markets wins safety & regulation due to top-tier regulator status and segregated client funds.
Deriv wins for active traders due to higher leverage and 24/7 synthetic indices.
BlackBull Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
BlackBull Markets wins for platform choice with MT4/MT5, cTrader, TradingView and more.
BlackBull Markets wins for beginners with no minimum deposit.
BlackBull Markets offers far more instruments, 26000 vs 200.
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 3.9 / 5▲ |
|---|
| Founded | 2014 | 1999 |
|---|
| Headquarters | Auckland, New Zealand | Birkirkara, Malta |
|---|
| Min Deposit | No minimum▼ lower | $5 |
|---|
| Spreads From | 0 pips▼ lower | 0.5 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSC FMA | FSC BVI LFSA MFSA VFSC |
|---|
| Platforms | cTrader MetaTrader 5 TradingView DXtrade MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile DXtrade |
|---|
| 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
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
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
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
Score 4.1 / 5
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