Switch Markets vs BlackBull Markets
Switch Markets or BlackBull Markets – which is better for UK traders 2026? Compare Switch Markets and BlackBull Markets in this detailed breakdown of their platforms, features and fees.
| Switch Markets | BlackBull Markets |
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| Switch Markets is ranked #38 among CFD brokers. | BlackBull Markets is ranked #24 among CFD brokers. |
| Switch Markets is a CFD brokerage offering diverse assets. It provides MT4 and MT5 platforms, thousands of instruments, and tools like copy trading and premium VPS hosting. | 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. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, Commodities, Indices, ETFs, Shares, Crypto | CFDs, Stocks, Indices, Commodities, Futures, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| VFSC | FMA, FSA |
| 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. | |
| 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 | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| Yes | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cTrader Automate |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Switch Markets provides cost-effective copy trading through the MetaTrader 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 | Yes |
| Trade Signals | |
| MT4 | 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 | |
| Switch Markets provides numerous CFD instruments with rapid order execution averaging 76 ms. Commissions are competitive at $7 per round turn for Pro accounts. Unique support features include over 20 trading calculators, a free journal, and coaching. | 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 | |
| 1:30 (EU), 1:1000 (Global) | 1:500 |
| FTSE Spread | |
| 1.2 | 1.5 |
| GBPUSD Spread< | |
| 0.5 | 0.5 |
| Oil Spread | |
| 2.0 | 1.5 |
| Stocks Spread | |
| Variable | No mark-up |
| Forex | |
| The offering of over 60 major, minor, and exotic currency pairs is quite competitive, particularly with Pro account spreads starting at 0 pips. Seasoned traders can utilise VPS hosting and Expert Advisors to execute algorithmic trading strategies efficiently. | 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 | |
| 60+ | 64 |
| GBPUSD Spread | |
| 0.5 | 0.5 |
| EURUSD Spread | |
| 0.1 | 0.16 |
| EURGBP Spread | |
| 0.6 | 0.8 |
| Cryptocurrency | |
| Switch Markets now offers over 60 crypto CFDs, a significant increase from the original 6. This expanded range includes both major cryptocurrencies and altcoins. Users can deposit and withdraw using BTC, ETH, XRP, USDT, and USDTRC20, appealing to traders focused on crypto. | 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 | |
| Variable | 12 average (Bitcoin) |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Switch Markets | BlackBull Markets |
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Switch Markets vs |
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