BlackBull Markets and FxPro face off on regulation, pricing, and platform ecosystems. Their differing platform breadth and instrument counts shape which traders may prefer.
FxPro edges BlackBull Markets on the editorial score. The higher score reflects stronger Trust & Regulation, Fees & Spreads, and Platforms & Tools.
Find out which broker best suits your trader profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want a $0 minimum deposit and raw spreads with a $6/lot commission.
Choose FxPro if…
Choose FxPro if you want strong regulation (FCA, CySEC, FSCA) and investor compensation, plus access to MT4, MT5, cTrader and 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 1.20 pips for FxPro, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.4 / 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 | 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 |
The scores are close: BlackBull Markets rates 4.1/5 and FxPro rates 4.3/5. FxPro 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
BlackBull Markets has no minimum deposit, 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. 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 FxPro lists up to 500:1. 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, lower than FxPro's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. BlackBull Markets has exclusive access to TradingView and DXtrade. FxPro has exclusive access to Proprietary Web/Mobile.
FxPro wins for safety & regulation due to FCA and CySEC oversight and investor compensation.
BlackBull Markets wins for active traders due to vast instrument variety.
BlackBull Markets is better suited for scalpers: lower commission ($6/lot), tighter spreads from 0.00 pips.
BlackBull Markets wins for platform choice with TradingView and DXtrade alongside MT4/MT5.
BlackBull Markets wins for instrument variety with 26,000 instruments.
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▼ lower | $100 |
|---|
| Spreads From | 0 pips▼ lower | 1.2 pips |
|---|
| Commission / lot | $6/lot▼ lower | $7/lot |
|---|
| 0.6 pips▼ lower | 1.9 pips |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSC FMA | FCA FSCA CySEC |
|---|
| Platforms | cTrader MetaTrader 5 TradingView DXtrade MetaTrader 4 | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| 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
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker