BlackBull Markets and Markets.com face off on regulation, pricing, and platforms. The tension centers on compensation schemes, instrument breadth, and proprietary platform availability.
Find out which broker best suits your trader profile.
Choose if…
Choose BlackBull Markets if you want no minimum deposit and access to raw spreads.
Choose if…
Choose Markets.com if you want a proprietary platform and FSCS/ICF compensation protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.1/ 5 | 4.0/ 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 | Markets.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 | 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 Markets.com rates 4/5. BlackBull 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 Markets.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 Markets.com requires at least $25. This makes BlackBull Markets more accessible for traders with limited starting capital.
Both BlackBull Markets and Markets.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 Markets.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 Markets.com are not currently available. Check their website for up-to-date pricing.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while Markets.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. BlackBull Markets has exclusive access to cTrader and TradingView and DXtrade. Markets.com has exclusive access to Proprietary Web/Mobile.
BlackBull Markets offers tighter spreads from 0.00 pips vs 0.60 pips for Markets.com, reducing trading costs.
Markets.com benefits from CySEC, FCA, ASIC, FSCA oversight and client fund segregation.
BlackBull Markets wins for active traders due to vast instrument coverage and access to raw spreads.
BlackBull Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Markets.com wins for platform choice with a proprietary option alongside MT4/MT5.
BlackBull Markets is better for beginners due to zero minimum deposit.
BlackBull Markets wins for instrument variety with far more instruments.
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.1 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2014 | 2009 |
|---|
| Headquarters | Auckland, New Zealand | Limassol, Cyprus |
|---|
| Min Deposit | No minimum▼ lower | $25 |
|---|
| 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 | 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 | ASIC CySEC FCA FSCA |
|---|
| Platforms | cTrader MetaTrader 5 TradingView DXtrade MetaTrader 4 | 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
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform 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
Spread-only pricing, no raw ECN account
Research tools limited, no analyst reports or stock screener
Not available to US clients
Platform analytical depth below Saxo or IG
Markets.com benefits from FSCS/ICF compensation, while BlackBull Markets does not. The remaining factors keep the comparison finely balanced.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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