BlackBull Markets vs FP Markets: which broker is better in 2026?
We compare BlackBull Markets and FP Markets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, FP Markets 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 MarketsFP Markets
Overall score 3.6 3.8
Regulation & safety 3.0 3.5
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score70/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, cTrader, IRESS
Fee modelPrime/ECN raw account; low spreadsRaw spread + commission (Raw) or Standard; competitive
Pros & cons
- 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
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
Regulation at a glance
BlackBull Markets
New Zealand (2014) — regulated by the FMA (New Zealand), FSA (Seychelles). ECN execution focus.
FP Markets
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).