Updated October 12, 2026 · BrokerCue Editorial Team
BlackBull Markets vs FXTM
Facts checked September 26, 2026.
What sets them apart
| Compare |  BlackBull Markets | FXTM ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | $0Lower | $10 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Bonds | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, MetalsCovers more |
| Platforms | TradingView, MetaTrader 4, MetaTrader 5, CTrader, BlackBull CopyTrader, BlackBull Invest | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 |
| Maximum retail leverage | 1:500 | 1:2000 |
| Inactivity fee | Not confirmed | $5 |
| Regulators | Not confirmed | FCA, CySEC |
| Investor protection | Not confirmed | FSCS up to GBP 85,000 |
| Retail accounts that lose money | Not confirmed | 88% |
| Deposit and withdrawal fees | Not confirmed | No deposit fees; withdrawal fees vary by method |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Minimum deposit is lower at BlackBull Markets: $0 vs $10.
- Markets: only FXTM offers Futures, Metals.
- Platforms: only BlackBull Markets offers TradingView, CTrader, BlackBull CopyTrader.
- Platforms: only FXTM offers Desktop, Mobile App.
- Support channels: only BlackBull Markets offers Email, Phone.
- Support channels: only FXTM offers Help centre.
- Features: only FXTM offers Crypto.
Our verdict on each
BlackBull Markets
BlackBull Markets' centres on institutional grade trading with more than 26,000 instruments across more than 80 markets and leverage up to 1:500. For active traders and introducing brokers seeking deep choice, clear reporting and dedicated support, it offers a focused route to foreign exchange and CFD participation.
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
Score breakdown
| Area | BlackBull Markets | FXTM |
|---|---|---|
| Cost | 9.7Higher | 9.0Entry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. |
| Offer | 9.5Higher | 9.3 |
| Trust | 8.6 | 9.5Higher |
Availability and regulation
| Country | BlackBull Markets | FXTM |
|---|---|---|
| Cyprus | Not confirmed | |
| United Kingdom | Not confirmed |
Feature by feature
| Markets | BlackBull Markets | FXTM |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | Yes |
| Metals | No | Yes |
Positions in our rankings
| Ranking | BlackBull Markets | FXTM |
|---|---|---|
| Stock and ETF brokers | 26 of 491 | 68 of 491 |
| Forex brokers | 11 of 147 | 30 of 147 |
| Low-spread forex brokers | 11 of 145 | 28 of 145 |
| CFD brokers | 10 of 122 | 24 of 122 |
| Copy trading platforms | 5 of 37 | 8 of 37 |
Every fact side by side
| Fact | BlackBull Markets | FXTM |
|---|---|---|
| Features | Copy trading, Demo account, Mobile app | Demo account, Copy trading, Mobile app, CryptoCovers more |
| Founded | 2014 | Not confirmed |
| Support channels | Email, Phone | Help centre |
Where each stands against the rest
| Fact | BlackBull Markets | FXTM | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $10at the median | $10 |
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | Not confirmed | 88%highest quarter | 70.375% |
Median across 101 listed brokers.
Pros and cons
BlackBull Markets
Pros
- More than 26,000 instruments available across more than 80 markets
- Leverage up to 1:500 supports larger position control from smaller balances
- Dedicated partner support with clear reporting and marketing resources
Cons
- Foreign exchange and CFD focus limits appeal beyond leveraged trading
- Partner growth relies on webinars, meetups and promotional content creation
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
Who each suits
BlackBull Markets
Who it suits
- Active foreign exchange traders seeking instrument depth
- Introducing brokers building referral networks
- Strategy providers sharing systems with followers
Who should look elsewhere
- Those uninterested in leveraged foreign exchange and CFD trading
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
Questions about each
BlackBull Markets
Which instruments can I trade with BlackBull Markets'?+
You can access more than 26,000 instruments across more than 80 markets. Coverage includes foreign exchange, gold, silver, stocks, indices, commodities and crypto CFDs. The range supports larger position control through leverage up to 1:500.
How can partners promote BlackBull Markets'?+
Partners receive promotional tools such as banners and landing pages with options for co branded content. Support includes help with webinars and in person meetups or seminars. Assistance covers planning, promotion and materials for audience growth.
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.