BlackBull Markets vs FxPro Forex Broker Comparison
A head-to-head comparison of BlackBull Markets and FxPro across regulation, trading costs, platforms, and editorial scoring.
Score 4.1 / 5
2 bonusesNew Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.
VS
Multi-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.
Our Verdict
FxPro winsby 0.2 pts
FxPro 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.
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 pips vs 1.2 pips for FxPro, reducing trading costs.
Best for safety & regulation
Recommended
FxPro has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
BlackBull Markets has a cost edge: tighter spreads from 0 pips, lower commission ($6/lot).
Best for platform choice
Recommended
FxPro offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
FxPro edges out BlackBull Markets with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new traders.
BlackBull Markets vs FxPro: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.4 / 5▲ |
Fees & Spreads 30% weight | 4.3 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
| Founded | 2014 | 2006 |
| Headquarters | Auckland, New Zealand | London, United Kingdom |
| Min deposit | No minimum | $100 |
| Spreads from | 0 pips | 1.2 pips |
| Commission / lot | $6/lot | $7/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FMA FSC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView DXtrade | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit BlackBull Markets | Visit FxPro |
BlackBull Markets vs FxPro 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)
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
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
Investor compensation scheme coverage
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
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
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
BlackBull Markets vs FxPro: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
BlackBull Markets
criteria wins
2
FxPro
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | BlackBull Markets | FxPro |
|---|---|---|
| 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 | 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 | 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 FxPro: Frequently Asked Questions
Based on our independent editorial scoring, FxPro 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 FxPro may each suit different trader profiles.
BlackBull Markets offers tighter spreads starting from 0 pips, compared to FxPro's spreads from 1.2 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 FxPro requires at least $100. This makes BlackBull Markets more accessible for traders with limited starting capital.
Both BlackBull Markets and FxPro 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 FxPro 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.
BlackBull Markets charges $6 per lot, lower than FxPro's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
BlackBull Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView, DXtrade and FxPro offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5, cTrader; BlackBull Markets exclusively offers TradingView, DXtrade; FxPro exclusively offers Proprietary Web/Mobile.
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Score 4.1 / 5
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