XTB vs BlackBull Markets

XTB or BlackBull Markets – which is better for UK traders 2023? Compare XTB and BlackBull Markets in this detailed breakdown of their platforms, features and fees.

XTB vs BlackBull Markets Comparison Table 2023
XTB BlackBull Markets
rating empty
rating full
4.8
rating empty
rating full
3.7
XTB is ranked #2 among CFD brokers. BlackBull Markets is ranked #72 among CFD brokers.
XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 instruments on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA. BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.
81% of retail accounts lose money.
Pros
  • 5800+ instruments covering major markets
  • Useful educational resources for beginners
  • FCA, KNF, CySEC, and IFSC-regulated
  • 24 hour support available Sunday to Friday
  • Multiple industry awards and respected brand
  • Cashback rebates for high-volume traders
  • Earn interest up to 5% on uninvested balances
  • Professional investing account
  • 1:500 leverage for global traders
  • 3000+ fractional shares
  • Flexible account options
  • Mobile trading alerts
  • Spreads from 0.1 pips
  • CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading
  • Commission-free trading with spreads from 0.0 pips
  • Good range of platforms including TradingView Pro
  • Responsive customer service during testing
  • Excellent educational content for beginners
  • $0 minimum deposit and 0.01 lot trades
  • Huge range of 26,000+ instruments
  • Autochartist plugin
Cons
  • Single platform offering
  • Not available to US clients
  • Instrument portfolio limited to mostly CFDs
  • Withdrawal fees with some methods
  • US traders not accepted
Awards
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
  • Best ECN Broker 2022
  • Deloitte Fast 50 Index 2021
  • Best NZ Forex Broker 2021
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, IFSC, KNF, DFSA FMA, FSA
Margin Trading
Yes Yes
Margin Rate
4.5%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
Commodities
  • Gold
  • Oil
  • Silver
  • Copper
  • Cotton
  • Sugar
  • Precious Metals
  • Gasoline
  • Cocoa
  • Coffee
  • Natural Gas
  • Nickel
  • Soybeans
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Cocoa
  • Wheat
  • Corn
  • Sugar
  • Coffee
  • Natural Gas
CFD
Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions. BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support.
Leverage
1:30 1:500
FTSE Spread
0.08% 10.4 pips (variable by account)
GBPUSD Spread<
0.1 pips 0.8 pips (variable by account)
Oil Spread
0.03 pips 5.2 pips
Stocks Spread
0.2% variable Variable
Forex
Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees. BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500.
Assets
45+ 64
GBPUSD Spread
0.1 Average 0.8 pips (variable by account)
EURUSD Spread
0.2 Average 0.2 pips (variable by account)
EURGBP Spread
0.1 Average 0.8 pips (variable by account)
Forex App

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

Cryptocurrency
XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts. BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule.
Spread
From 0.22% Variable
Coins
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
  • BTC
  • ETH
  • BCH
  • LTC
  • XRP
  • DOGE
  • ADA
  • DOT
  • LINK
  • EOS
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
XTB BlackBull Markets
81% of retail accounts lose money.
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