BlackBull Markets or MultiBank FX – which is better for UK traders 2025? Compare BlackBull Markets and MultiBank FX in this detailed breakdown of their platforms, features and fees.
BlackBull Markets vs MultiBank FX Comparison Table 2025
BlackBull Markets
MultiBank FX
3.7
4.7
BlackBull Markets is ranked #14 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.
MultiBank FX, a reputable broker since 2005, provides forex and CFD products. With over 20,000 instruments, numerous local payment options, and round-the-clock multilingual support, it is favoured by traders worldwide. New clients benefit from bonus offers and can use the popular MT4 and MT5 trading platforms.
Pros
BlackBull provides everything a trader needs: execution speeds under 100ms, leverage as high as 1:500, and competitive spreads starting at 0.0 pips.
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 and refining its CopyTrader, BlackBull now provides an exceptionally comprehensive trading experience.
BlackBull provides three ECN-powered accounts—Standard, Prime, and Institutional—to cater to traders of all experience levels, from novices to seasoned professionals. The variety of account types allows for flexible options tailored to individual trading needs and available capital.
Round-the-clock multilingual customer support is accessible for all accounts.
Esteemed MT4 and MT5 platforms, along with exclusive MultiBank-Plus solutions and social trading features, offer robust trading opportunities.
A wide selection of local payment options allows withdrawals to be processed swiftly, typically within 24 hours.
Possessing over ten regulatory licences globally, including those from ASIC in Australia and MAS in Singapore.
MAM and PAMM accounts, along with FIX API, cater to high-volume or professional traders. Additionally, there is support for algorithmic strategies through EAs and VPS hosting.
Cons
Despite an expanding range of over 26,000 assets, including new additions to Asia Pacific indices, their offerings are primarily equities. The selection of currency pairs and indices remains average.
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.
BlackBull does not offer its own trading platform, instead utilising MetaTrader, cTrader, and TradingView. Although these platforms are highly regarded, some brokers, such as eToro, provide proprietary platforms with distinct features that cater well to novice traders.
A minimum deposit of $5,000 is necessary to access ECN spreads.
Trader's average educational background and comprehension of market trends are crucial. Traders must be well-versed in market analysis and trends to succeed. Adequate training empowers traders with essential insights. Understanding the marketplace is vital for effective decision-making.
£60 monthly fee for inactivity
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
Best Gold Broker 2023 - FX Empire
Best Forex Broker 2023 - Fintech & Crypto Summit Bahrain
Chairman Of The Year 2023 - Le Fonti Awards Dubai
Leading Financial Derivatives Institution 2023 - Le Fonti Awards Dubai
The Most Trusted Broker In The Middle East 2023 - Ultimate Fintech
Best Broker Of The Year 2022 - Traders Union
Best Globally Recognized Forex Broker 2022 - Forex Expo Dubai
Best Crypto Broker Asia & Europe 2022 - Global Brands Magazine
Best Financial Derivatives Broker Asia & Europe 2022 - Global Brands Magazine
Best Global Broker 2022 - Pan Finance
Best Global Forex Chairman Of The Year 2022 - Global Business Review Magazine
Best New Global Asset Digital Exchange - MultiBank Crypto Exchange 2022 - Global Business Review Magazine
The 50 Most Influential Figures In Global Financial Markets 2022 - Forex Traders Summit Dubai
Best Global Crypto Broker 2021 - Forex Expo Dubai
Bets Global Broker 2021 - Finance Magnates
Best Broker MENA 2021 - Finance Magnates
Best Broker Africa 2021 - Finance Magnates
Best Broker LATAM 2021 - Finance Magnates
Most Trusted Global Broker 2021 - Global Business Review Magazine
The 50 Most Influential Figures In Global Financial Markets 2021 - Forex Traders Summit Dubai
Best FX Service Provider 2020 - International Business Magazine
Best FX Customer Service 2020 - Forex Awards
Best Apac Region Broker 2020 - International Financial Awards
Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
BlackBull offers one of the most complete mobile trading ecosystems we’ve seen, providing active traders with first-rate charting tools and the broker’s impress execution speeds of <100ms on a choice of MT4, MT5, cTrader and TradingView apps, catering to diverse preferences.
iOS App Rating
3.7
5
Android App Rating
3.7
4.2
Margin Trading
Yes
No
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
Yes
Yes
AlgoTrader
No
No
OmniTrader
No
No
TradingView
Yes
No
Autochartist
Yes
No
eSignal
No
No
Trading Central
No
No
STP Account
No
No
ECN Account
Yes
Yes
DMA Account
No
No
MAM Account
Yes
No
PAMM Account
No
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
Yes
No
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, cTrader Automate
Yes (APIs)
Copy Trading
Yes
Yes
Copy Trading Platform
Blackbull excels with its extensive array of trading solutions, featuring options like CopyTrader, HokoCloud, DupliTrade, and Myfxbook. User-friendly dashboards display detailed metrics to evaluate strategy providers, including annual and percentage returns. This contributes to its reputation as a leading provider of inclusive trading packages available today.
Clients at MultiBank FX can begin trading effortlessly in three straightforward steps. Access successful global traders online and diversify your investment portfolio. Learn from seasoned investors and save time on market analysis.
Social Trading
Yes
Yes
Trade Signals
BlackBull Research stock recommendation service
Yes
VPS Hosting
Yes
No
Tournaments
No
No
Demo Competitions
No
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$0
Islamic Account
Yes
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
Gold
Silver
Oil
Cocoa
Coffee
Corn
Soybeans
Copper
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.
Access numerous CFDs with competitive pricing and leverage up to 1:500. Trade across various asset classes such as currencies, shares, indices, metals, and commodities. Utilise the market-leading MetaTrader platforms for trading.
Leverage
1:500
1:500
FTSE Spread
1.5
Not offered
GBPUSD Spread<
0.5
0.8
Oil Spread
1.5
0.03
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.
MultiBank FX provides trading on over 50 currency pairs, including major, minor, and exotic ones. The broker boasts tighter spreads compared to many rivals and offers higher leverage than most others. Automated trading strategies are allowed.
Assets
64
45+
GBPUSD Spread
0.5
0.8
EURUSD Spread
0.3
0.3
EURGBP Spread
0.8
0.8
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.
Trade leading cryptocurrencies, such as Bitcoin, Polkadot, and Stellar, against the US Dollar with 50% leverage. Enjoy execution speeds of under 20 milliseconds for swift transactions.
