BlackBull Markets vs FP Markets
BlackBull Markets or FP Markets – which is better for UK traders 2026? Compare BlackBull Markets and FP Markets in this detailed breakdown of their platforms, features and fees.
| BlackBull Markets | FP Markets |
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| BlackBull Markets is ranked #31 among CFD brokers. | FP Markets is ranked #54 among CFD brokers. |
| BlackBull, a New Zealand-based CFD broker, offers a wide range of trading options across more than 26,000 instruments. Following a 2023 rebrand, it boasts a contemporary design and provides advanced trading tools along with ultra-fast execution speeds, averaging 20ms. | Founded in Australia in 2005, FP Trading is a broker regulated by ASIC and CySEC. It offers a wide range of tradable assets. The Standard and Raw accounts are tailored to suit all traders. Its robust tools include the MetaTrader suite, intuitive TradingView, and insights from Trading Central and AutoChartist. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Stocks, Indices, Commodities, Futures, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $40 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FMA, FSA | ASIC, CySEC, FSA, CMA |
| Mobile Apps | |
| iOS & Android | 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. | FP Trading lacks its own web-based or mobile app, which may deter novices. Yet, mobile versions of MT4/MT5, cTrader, and TradingView provide live quotes, advanced charting, account management, and order execution. Moreover, Australian clients have exclusive access to the Iress mobile platform, offering advanced analytics, module linking, and multi-portfolio management. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| Yes | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| Yes | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| Yes | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cTrader Automate | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | 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. | FP Trading launched a unique social copy trading platform and access to the MetaTrader signals market. Alongside Myfxbook support, these features position FP Markets as a strong choice for social copy trading, despite its less intuitive system compared to cTrader Copy. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| BlackBull Research stock recommendation service | |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| BlackBull stands out for CFD traders with leverage up to 1:500 and competitive spreads starting at 0.0 pips. It boasts round-the-clock support, which proved outstanding in tests, instilling confidence for traders in dynamic markets. | FP Trading provides CFD trading across a premier range of financial markets, including equities, leading global indices, commodities, metals, cryptocurrencies, and bonds. Benefit from tight spreads, rapid execution, leverage up to 1:500, and superior liquidity, ensuring an efficient trading experience for short-term investors. |
| Leverage | |
| 1:500 | 1:30 (UK), 1:500 (Global) |
| FTSE Spread | |
| 1.5 | 1.64 |
| GBPUSD Spread< | |
| 0.5 | 1.9 average |
| Oil Spread | |
| 1.5 | 0.04 |
| Stocks Spread | |
| Variable | Variable |
| 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. | FP Trading excels in forex trading, offering over 70 currency pairs, including a diverse range of exotics. With an average spread of 0.1 on EUR/USD in its Raw account, it ensures competitive pricing for traders. |
| Assets | |
| 64 | 70+ |
| GBPUSD Spread | |
| 0.5 | 0.2 |
| EURUSD Spread | |
| 0.16 | 0.1 |
| EURGBP Spread | |
| 0.8 | 0.3 |
| Currency Indices | |
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| Cryptocurrency | |
| BlackBull facilitates short-term trading on 11 cryptocurrencies, such as Bitcoin and Ethereum, with leverage of up to 1:5. Cryptos are traded against USD. The broker's 'Daily Opportunities' provide exceptional insights into emerging cryptocurrency trends. | FP Trading offers CFDs on leading cryptocurrencies like Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. However, it does not facilitate direct coin ownership. FP Markets lacks emerging tokens for crypto enthusiasts seeking the latest opportunities. |
| Spread | |
| 245 | 17.3 (Bitcoin) |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| BlackBull Markets | FP Markets |
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