The BlackBull Markets vs FXTM: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for BlackBull Markets and FXTM, pulled from the same data as their individual reviews.
Key Differences
- • BlackBull Markets holds the higher overall rating: 9/10 vs 5.4/10 for FXTM.
- • BlackBull Markets has the lower minimum deposit: $0 vs $10 at FXTM.
- • FXTM is regulated by more authorities: FCA, CySEC, FSCA, FSC vs FMA, FSA for BlackBull Markets.
- • Risk tier: BlackBull Markets is Tier B, FXTM is Tier C.
Overview
Rating
9/10
5.4/10
Trustpilot
4.5/5 · 3,400+ reviews
2.7/5 · 1,000+ reviews
WikiFX Score
Good / Active
Good / Active
Best For
Institutional raw spreads & low latency
Localized support & low entry barriers
Regulators
FMA, FSA
FCA, CySEC, FSCA, FSC
Terms & Fees
Min Deposit
$0
$10
Max Leverage
1:500
1:2000
Spreads From
0.1 Pips
0.0 Pips
Execution Model
True ECN / No Dealing Desk (NDD)
STP / ECN (scaling depending on account tier selected)
Commission
Prime Account: $6.00 round trip per lot
Advantage Account: variable commission averaging $4 to $7 round trip per lot
Swap / Islamic
Islamic accounts available upon request
Islamic accounts are actively supported and marketed
Platforms
MT4, MT5, cTrader, TradingView
MT4, MT5, FXTM App
Crypto Deposits
Yes
Yes
Pros
What's good
- + True ECN / NDD institutional execution
- + Rapid live webchat support
- + Localized customer support
- + Extensive educational webinars
Cons
Watch out for
- – Fixed $5 withdrawal fee
- – Lacks FCA/ASIC multi-licenses
- – Proprietary withdrawal percentage fees
- – Limited range of financial instruments