BlackBull Markets vs City Index

BlackBull Markets or City Index – which is better for UK traders 2026? Compare BlackBull Markets and City Index in this detailed breakdown of their platforms, features and fees.

BlackBull Markets vs City Index Comparison Table 2026
BlackBull Markets City Index
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4.5
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BlackBull Markets is ranked #24 among CFD brokers. City Index is ranked # among .
Review
BlackBull, a CFD broker from New Zealand, offers a wide array of over 2,180 trading instruments. Rebranded in 2023, it now features a contemporary design, advanced trading tools, and execution speeds averaging 20 milliseconds.
City Index has closed or no longer accepts UK clients.
Pros
  • BlackBull provides all essentials for traders: execution speeds under 100ms and tight spreads starting at 0.0 pips.
  • BlackBull better suits budding traders after revamping its ECN Prime account. It now offers improved spreads, averaging 0.16 on EUR/USD, and eliminates the previous $2,000 minimum deposit requirement.
  • BlackBulls's research excels, particularly in the daily 'Trading Opportunities' articles. These publications simplify complex market dynamics into clear insights, enabling traders to effectively capitalise on emerging trends.
  • After collaborating with ZuluTrade and Myfxbook, upgrading its CopyTrader, and activating cTrader Copy, BlackBull provides an exceptionally thorough trading experience.
  • BlackBull caters to all traders, from beginners to high-volume professionals, with two ECN-based accounts (Standard and Prime) and Prime+, a rewards program providing trading rebates.
Cons
  • Although they offer an expanding range of over 2,180 assets, including new entries in Asia Pacific indices, the portfolio is primarily composed of stocks, alongside a moderate variety of currency pairs and indices.
  • Unlike many leading brokers, BlackBull imposes a bothersome $5 fee for withdrawals. This charge can reduce the overall cost-effectiveness, particularly for traders who regularly transfer funds.
  • Despite enhancements such as webinars and tutorials in the Education Hub, our review indicates that the courses still require greater emphasis on elucidating broader economic factors affecting prices.
Awards
  • Fast 50 Index (multiple years) - Deloitte
  • Best Global FX Broker 2022 - Forex Expo Dubai
  • Fastest Growing Exporter for Auckland 2018 - Westpac Auckland Business Awards
FCA Regulated
No

List of FCA Regulated Brokers

Instruments
CFDs, Stocks, Indices, Commodities, Futures, Crypto
Demo Account
Yes
Minimum Deposit
$0
Payment Methods
Minimum Trade
0.01 Lots
Regulator
FMA, FSA
Mobile Apps
iOS & Android
Trading App
BlackBull delivers a comprehensive mobile trading ecosystem. It provides traders with excellent charting tools and impressive execution speeds of less than 100ms. Options include MT4, MT5, cTrader, and TradingView apps, accommodating varied preferences.
iOS App Rating
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3.7
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Android App Rating
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3.7
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Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
Yes
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
Yes
eSignal
No
Trading Central
No
STP Account
No
ECN Account
Yes
DMA Account
No
MAM Account
Yes
PAMM Account
Yes
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, cTrader Automate
Copy Trading
Yes
Copy Trading Platform
Blackbull excels with its extensive array of trading solutions, including its CopyTrader, HokoCloud, DupliTrade, and Myfxbook. It provides detailed metrics to assess traders, featuring annual and percentage returns on intuitive dashboards, making it one of the most thorough trading packages available today, particularly with the addition of cTrader Copy in 2025.
Social Trading
Yes
Trade Signals
BlackBull Research stock recommendation service
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$0
Islamic Account
Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Cocoa
  • Wheat
  • Corn
  • Sugar
  • Coffee
  • Natural Gas
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Lead
  • Zinc
CFD
BlackBull is ideal for CFD traders, offering leverage, low spreads starting at 0.0 pips, and around-the-clock support. Testing showed their support to be exceptional, instilling confidence in active traders navigating volatile markets.
Leverage
1:500
FTSE Spread
1.5
GBPUSD Spread<
0.5
Oil Spread
1.5
Stocks Spread
No mark-up
Forex
BlackBull provides 64 currency pairs with competitive pricing via its ECN accounts. The Standard account offers commission-free spreads starting at 0.8 pips. BlackBull's swift execution is also available on MT4, the leading platform among active forex traders.
Assets
64
GBPUSD Spread
0.5
EURUSD Spread
0.16
EURGBP Spread
0.8
Cryptocurrency
BlackBull is an excellent choice for active crypto traders, offering over 27 digital tokens like Bitcoin, Ethereum, and Trump, all paired with USD. It stands out with its pricing—average spreads are about 12 on BTC/USD, undercutting competitors such as Eightcap by more than half, plus there are no commissions, making it much cheaper than many crypto CFD brokers. BlackBull provides comprehensive crypto guides for all experience levels. Up to 1:100 leverage is offered on cryptos.
Spread
12 average (Bitcoin)
Coins
  • BTC
  • ETH
  • SOL
  • XLM
  • XRP
  • BCH
  • ADA
  • SUI
  • TRUMP
  • LNK
  • DOT
  • DOGE
  • AAVE
  • AXS
  • HED
  • LTC
  • TRX
  • UNI
  • PYTH
  • ARB
  • BNB
  • AVAX
  • NEAR
  • ILV
  • ATM
  • INJ
  • POLY
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
BlackBull Markets City Index
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