Updated October 17, 2026 · BrokerCue Editorial Team
BlackBull Markets vs iFOREX
What sets them apart
| Compare |  BlackBull Markets |  iFOREX |
|---|---|---|
| Minimum deposit | $0Lower | $100 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, BondsCovers more | Stocks, ETFs, Forex, CFDs, Crypto |
| Platforms | TradingView, MetaTrader 4, MetaTrader 5, CTrader, BlackBull CopyTrader, BlackBull Invest | IFOREX App |
| Maximum retail leverage | 1:500 | 1:30 EU, 1:400 offshore |
| Stock trade fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $15 |
| Regulators | Not confirmed | CySEC, BVI FSC |
| Investor protection | Not confirmed | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | Not confirmed | 80% |
| Deposit and withdrawal fees | Not confirmed | No broker deposit fee; $20 EEA wire withdrawal fee may apply |
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
- BlackBull Markets scores higher overall: 9.2 vs 9.0.
- Founded is lower at iFOREX: 1996 vs 2014.
- Minimum deposit is lower at BlackBull Markets: $0 vs $100.
- Markets: only BlackBull Markets offers Bonds.
- Platforms: only BlackBull Markets offers TradingView, MetaTrader 4, MetaTrader 5.
- Platforms: only iFOREX offers IFOREX App.
- Support channels: only BlackBull Markets offers Email, Phone.
- Support channels: only iFOREX offers Help centre.
- Features: only BlackBull Markets offers Copy trading.
- Features: only iFOREX offers Crypto.
Our verdict on each
BlackBull Markets
BlackBull Markets says it was founded in Auckland in 2014 by Michael Walker and Selwyn Loekman.
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
Score breakdown
| Area | BlackBull Markets | iFOREX |
|---|---|---|
| Cost | 9.7Higher | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. |
| Offer | 9.5Higher | 8.7 |
| Trust | 8.6 | 9.5Higher |
Sources behind this comparison
BlackBull Markets
- blackbull.com: 6 facts, checked September 26, 2026
- partners.blackbull.com: 1 fact, checked September 26, 2026
iFOREX
- iforex.com: 4 facts, checked September 26, 2026
- play.google.com: 3 facts, checked September 26, 2026
- myfxbook.com: 2 facts, checked September 26, 2026
- tradingfinder.com: 2 facts, checked September 26, 2026
- custommapposter.com: 1 fact, checked September 26, 2026
How they place
| Ranking | BlackBull Markets | iFOREX |
|---|---|---|
| Stock and ETF brokers | 19 of 471 | 141 of 471 |
| Forex brokers | 7 of 147 | 61 of 147 |
| Low-spread forex brokers | 7 of 145 | 59 of 145 |
| CFD brokers | 7 of 122 | 51 of 122 |
Every fact side by side
| Fact | BlackBull Markets | iFOREX |
|---|---|---|
| Features | Copy trading, Demo account, Mobile app | Crypto, Demo account, Mobile app |
| Pricing model | Not confirmed | Commission free |
| Legal entity | Not confirmed | iCFD Limited |
| Founded | 2014 | 1996Lower |
| Support channels | Email, Phone | Help centre |
Where each stands against the rest
| Fact | BlackBull Markets | iFOREX | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $100above the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | Not confirmed | $15above the median | $0 |
| Retail accounts that lose money | Not confirmed | 80%highest quarter | 72.05% |
Median across 134 listed brokers.
Pros and cons
BlackBull Markets
Pros
- The provider states its founding year, location and founders.
Cons
- The history does not establish regulation or trading terms.
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
Who each suits
BlackBull Markets
Who it suits
- Readers checking BlackBull Markets company history
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
Questions about each
BlackBull Markets
Which instruments can clients trade with BlackBull Markets?+
Clients can trade forex alongside gold and silver, stock and index markets, commodities and crypto CFDs. This variety lets a single trading relationship cover several asset groups at once. The choice centres on these markets, so traders with interests across different areas can spread their activity without moving between separate services.
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
What happens if I stop trading?+
An inactivity fee of $15 applies, and iFOREX ranks 42 of 56 brands on that charge. Many brokers in this comparison sit at €0, so an account left alone through a long break can quietly cost money. Close it or trade before the period lapses.