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BlackBull Markets
VS
Forex.com

BlackBull Markets vs Forex.com: which broker is better in 2026?

We compare BlackBull Markets and Forex.com — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Forex.com edges ahead (3.8/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaBlackBull MarketsForex.com
Overall score 3.6 3.8
Regulation & safety 3.0 4.0
Fees & deposit 4.0 3.5
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score70/10076/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewProprietary web/desktop platform, MetaTrader 4, MetaTrader 5, TradingView (integrated), Mobile app
Fee modelPrime/ECN raw account; low spreadsSpread model or spread + commission (RAW/Commission account) — varies per region/account; exact figures not yet verified

Pros & cons

BlackBull Markets
  • Fast ECN execution & low spreads (Prime account)
  • Wide platform selection (MT4/MT5/cTrader/TradingView)
  • Regulated by New Zealand's FMA
  • The NZ FMA is considered less strict than tier-1 FCA/ASIC
  • Many clients via the Seychelles entity
  • Leverage is high-risk
Forex.com
  • Backed by StoneX Group (US public company Nasdaq: SNEX) + a strict US market license
  • Full platform selection: proprietary + MT4/MT5 + TradingView
  • Broad instrument coverage & established liquidity
  • Fees/spreads aren't always the cheapest compared to raw ECN brokers
  • Product availability differs per entity/region
  • Leveraged products are high-risk

Regulation at a glance

BlackBull Markets

New Zealand (2014) — regulated by the FMA (New Zealand), FSA (Seychelles). ECN execution focus.

Forex.com

Part of StoneX Group, a US public company (Nasdaq: SNEX). Entities regulated by NFA/CFTC (US), FCA (UK), ASIC (Australia), IIROC (Canada), and others per region.