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Regulated Ranked #2 of 13 globally

BlackBull

No minimum deposit on Standard, Prime or Prime+
Min. deposit
1:500
Max. leverage
$8.00
All-in cost/lot
26,000+
Instruments
2014
Founded
82.29 / 100
BrokersNest score

We don't link to BlackBull from your region, because it doesn't serve retail clients here through a locally regulated company. You can still read our full review. BlackBull holds no UK, EU or Australian licence. Clients in those regions are onboarded through its Seychelles entity, outside FCA, CySEC and ASIC protection.

We don't link to brokers from the US or Canada, because retail CFD trading isn't offered to residents there. You can still read our full review.

We don't link to brokers from your country. You can still read our full review.

Account links appear once we can confirm your region. You can still read our full review. BlackBull holds no UK, EU or Australian licence. Clients in those regions are onboarded through its Seychelles entity, outside FCA, CySEC and ASIC protection.

You open directly with the broker — we never take your documents or your money.

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The verdict
How it scores

How the score adds up

Cost (30%) 79
Regulation & protection (25%) 8
Platforms & range (20%) 100
Trading conditions (15%) 100
Client outcomes (10%) 41

This entity doesn't publish the figure, so we used the median of the brokers that do.

What it costs

What each account costs you

All-in cost: $8.00 per standard lot — spread plus commission, on the cheapest account.

At 5 lots a month, that's about $480 a year in trading costs.

Typical spread
1.16 pips
Commission
$0/lot
Typical spread
0.2 pips
Commission
$6/lot
All-in cost per lot vs. the cheapest brokers available in the EU
ActivTrades
$7.00
BlackBull (this broker) Not available in the EU. Cost shown is its cheapest elsewhere.
$8.00
Pepperstone
$8.00
XM
$8.00
AvaTrade
$9.00
FxPro
$9.00
Eightcap
$10.00
Plus500
$13.00
All-in cost per lot vs. the cheapest brokers available in the UK
ActivTrades
$7.00
Vantage Markets
$7.00
BlackBull (this broker) Not available in the UK. Cost shown is its cheapest elsewhere.
$8.00
Pepperstone
$8.00
Axi
$9.00
FxPro
$9.00
Moneta Markets
$9.00
Eightcap
$10.00
Plus500
$13.00
All-in cost per lot vs. the cheapest brokers available in Australia
Vantage Markets
$7.00
BlackBull (this broker) Not available in Australia. Cost shown is its cheapest elsewhere.
$8.00
Pepperstone
$8.00
AvaTrade
$9.00
Axi
$9.00
Moneta Markets
$9.00
Eightcap
$10.00
Plus500
$13.00
All-in cost per lot vs. the cheapest brokers available globally
Exness
$6.00
ActivTrades
$7.00
Vantage Markets
$7.00
BlackBull (this broker) Not linked from your region.
$8.00
Pepperstone
$8.00
AvaTrade
$9.00
Axi
$9.00
Axiory
$9.00
FxPro
$9.00
Moneta Markets
$9.00
Eightcap
$10.00
Platforms & markets

Where and how you trade

MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrader · BlackBull Invest

MetaTrader 4 MetaTrader 5 cTrader TradingView BlackBull CopyTrader / Invest
Forex Shares Commodities Futures Indices Crypto
Licences & protection

Which entity holds your money

Same brand, different legal entity depending on where you sign up — each carries its own regulator and protections.

Where you can open an account: Everywhere else

GL
Black Bull Group Ltd · BBG Ltd
Registration
FSP403326 · SD045
Regulator
FMA NZ · FSA Seychelles
Compensation scheme
GL: none
Questions traders ask

What traders ask about BlackBull

Is BlackBull regulated in the UK, EU or Australia?

No. BlackBull does not serve retail clients in the UK, the EU or Australia through a local licence. Everywhere else: Black Bull Group Ltd · BBG Ltd, regulated by FMA NZ · FSA Seychelles (FSP403326 · SD045). BlackBull holds no UK, EU or Australian licence. Clients in those regions are onboarded through its Seychelles entity, outside FCA, CySEC and ASIC protection. Licences & protection

What is BlackBull's minimum deposit?

Minimum deposit: No minimum deposit on Standard, Prime or Prime+.

How much does BlackBull charge to trade EUR/USD?

EUR/USD spread and commission: Standard: from 0.8 pips, no commission; Prime: ~0.2 pips average + $3 per side. All-in cost: about $8.00 per standard lot. What each account costs

What leverage does BlackBull offer?

Max. leverage: 1:500. Retail leverage in the UK, EU and Australia is capped at 1:30 on major FX pairs.

Which platforms can I use with BlackBull?

Platforms: MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrader · BlackBull Invest. Mobile: iOS · Android.

Can I scalp or hedge with BlackBull?

Hedging: Available. Scalping: Available.

Full specs

Every number, checked

Max. leverage
1:500
EUR/USD spread & commission
Standard: from 0.8 pips, no commission; Prime: ~0.2 pips average + $3 per side
Platforms
MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrader · BlackBull Invest
Mobile
iOS · Android
Account currencies
USD, EUR, GBP, AUD, NZD, CAD, JPY, SGD, ZAR and others (11 in total)
Hedging
Available
Scalping
Available
Languages
English, Chinese, French, German, Portuguese, Spanish, Thai

Specs verified 12 Nov 2026

Good to know

The day-to-day

Support
Live chat · Email · Phone · WhatsApp (24/7)
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