Exness vs BlackBull Markets Comparison & Reviews

FeatureExnessBlackBull Markets
RegulationRegulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)Regulated by FMA (New Zealand), FSCL (Financial Services Complaints Ltd)
Founded20082014
Account TypesStandard, Standard Cent, Raw Spread, Zero, ProECN Standard, ECN Prime, ECN Institutional
Minimum Deposit$1 for Standard account, $500+ for Pro accounts$200 (Standard), $2,000 (Prime), $20,000 (Institutional)
SpreadStarting from 0.0 pips (Zero accounts), 0.3 pips (Standard)Starting from 0.0 pips (ECN Prime), 0.8 pips (Standard)
Commission$3.50 per lot (Zero and Raw Spread accounts), no commission for Standard account$6 per lot (Prime account), no commission for Standard
LeverageUp to 1:2000 for Standard and Pro accounts, up to 1:1000 for Raw Spread and Zero accounts (subject to regional restrictions)Up to 1:500 for professional clients, limited for retail clients based on regulations
Trading PlatformsMetaTrader 4, MetaTrader 5, Exness Web TerminalMetaTrader 4, MetaTrader 5, BlackBull Trader
InstrumentsForex, Cryptocurrencies, Metals, Energies, Indices, StocksForex, Cryptocurrencies, Metals, Energies, Indices, CFDs
Deposit and Withdrawal OptionsCredit/Debit Card, Bank Transfer, E-wallets (Skrill, Neteller), Crypto Wallets (Bitcoin, Tether)Credit/Debit Card, Bank Transfer, E-wallets (Skrill, Neteller)
Trading FeesLow spreads for Raw and Zero accounts, commission on specific accountsModerate spreads, commission on ECN Prime account
Swap-Free/Islamic AccountsYes, available on requestYes, available on request
Demo AccountYes, unlimitedYes, unlimited
Social/Copy TradingYes, Exness Social Trading platformNo direct copy trading, supports third-party tools
Customer Support24/7 via live chat, email, phone24/6 via live chat, email, phone
Education and ResearchYes, educational articles, webinars, trading toolsYes, educational articles, research tools, market analysis
Mobile TradingYes, Exness Trader app, MetaTrader appsYes, BlackBull Trader app, MetaTrader apps
Scalping and HedgingAllowedAllowed
Order Execution SpeedInstant execution, average of 0.1 secondsECN execution, highly optimized for speed
Availability of VPSYes, free VPS for certain account holdersYes, free VPS for ECN Prime and Institutional accounts
Bonuses and PromotionsRare, occasionally available based on regionOccasional promotions and bonuses, subject to availability
Negative Balance ProtectionYesYes
Trading Community/ForumExness Trading CommunityNo in-house forum, relies on external trading communities
API TradingYes, API available for automated trading solutionsYes, FIX API for advanced traders
Funding SpeedInstant deposits for most methodsInstant deposits for major methods, bank transfers may take longer
Withdrawal SpeedInstant withdrawals for e-wallets, within 24 hours for bank cardsProcessed within 24 hours, varies by method
PAMM/MAM AccountsNot directly offeredYes, MAM (Multi-Account Manager) accounts available
Web Trading Platform FeaturesExness Web Terminal: advanced charting, technical indicators, one-click tradingBlackBull WebTrader: customizable interface, technical analysis tools
Account Currency OptionsWide range including USD, EUR, GBP, JPY, cryptocurrenciesUSD, EUR, GBP, AUD, NZD
Crypto Trading OptionsExtensive selection: Bitcoin, Ethereum, Ripple, Litecoin, and othersLimited selection compared to Exness, focusing on major cryptos
Price AlertsYes, customizable through the platformYes, through MetaTrader and BlackBull Trader
Stop Loss & Take Profit OptionsYes, fully customizableYes, with flexible settings in platform
Trading SignalsYes, integrated via MetaTrader, also available on Social TradingNo in-house signals, supports third-party signal services
Trading CompetitionsRare, only occasional promotionsRare, sometimes for specific account holders
Affiliate ProgramComprehensive program, competitive commission structureAvailable, commissions based on referrals and trading volume
Currency Conversion FeesNo fees on currency conversion for depositsYes, may apply if trading in non-account currencies
Tradeable Stock CFDsOffers stock CFDs on major global stocksLimited selection compared to Exness, mainly US stocks
Deposit FeesGenerally zero fees for most methodsNo fees on deposits
Withdrawal FeesZero fees on withdrawals, depending on the methodMay apply for certain methods (e.g., international wire transfer)
Execution TypeMarket execution for most accountsECN execution for Prime and Institutional accounts
Market News IntegrationIntegrated within platform, real-time news feedMarket analysis and insights available on website
Position SizingCustomizable, supports micro-lotsFlexible position sizing, micro-lots available
Charting ToolsAdvanced charting with over 50 technical indicatorsMetaTrader and BlackBull Trader offer advanced charting options
Advanced Order TypesYes, supports pending orders, trailing stops, OCO (One Cancels Other)Yes, supports pending orders and OCO
Market DepthAvailable for Zero accounts on MetaTrader 5Available on ECN accounts
Autochartist IntegrationYes, available as plugin for MetaTraderAvailable, integrated with MetaTrader
Custom IndicatorsSupports custom indicators on MetaTraderSupports custom indicators via MetaTrader
Trading Time Restrictions24/5 for Forex and CFDs, crypto 24/724/5 for Forex and CFDs, crypto trading hours depend on platform
One-Click TradingYes, available on all platformsYes, available on MetaTrader and BlackBull Trader
Copy Trading CommunityLarge community via Exness Social TradingLimited, does not have its own copy trading platform
Slippage ControlAdvanced control, slippage notifications availableModerate control, dependent on ECN execution model
Trading JournalAvailable via MetaTrader pluginCan be enabled through third-party MetaTrader tools
Guaranteed Stop-LossNot availableNot available
Customizable InterfaceYes, highly customizable with MetaTrader and Exness WebYes, BlackBull Trader offers interface customization
Tick Chart TradingSupported in MetaTrader for quick scalpingSupported in MetaTrader, beneficial for scalpers
Order Fill PolicyFill-or-kill, partial fills for certain order typesFill-or-kill, highly efficient for ECN orders
Account Activation TimeInstant activation for basic accountsTypically within one business day
API Key AccessYes, Exness API available for developersYes, FIX API available for advanced trading needs
Global AccessAvailable in multiple regions, some restrictions in the USAvailable globally, limited access in specific regions
Scalping ToolsSupports scalping with one-click trading, low latencySupports scalping, optimized for ECN execution
Advanced Chart Pattern RecognitionAvailable through Autochartist and MetaTraderAvailable via Autochartist and Trading Central
Account ManagementExness Trader app offers easy managementBlackBull Trader app provides account management
Trailing StopsSupported in MetaTrader platformsSupported in MetaTrader and BlackBull Trader
Currency Pairs AvailableExtensive list of over 100 pairsOver 70 currency pairs, including majors, minors, exotics
Direct Market Access (DMA)Not availableYes, available for institutional accounts
Risk Management ToolsCustomizable, stop-loss, take-profit, margin alertsCustomizable, integrated stop-loss and take-profit
Trading Tools IntegrationIntegrated with Trading Central, Autochartist, and in-platform economic calendarIntegrated with Autochartist, Trading Central, economic calendar
Proprietary Platform FeaturesExness Trader includes account insights, push notificationsBlackBull Trader includes advanced order types, market depth
Broker TypeMarket maker and ECNTrue ECN broker
Web-Based Research PortalYes, offers market insights and analysisYes, includes trading insights and analysis
CFD Expiration DatesNo expiration on CFDs, except for futures contractsNo expiration on standard CFDs
Non-Depositable Balance ProtectionNot availableNot available
Webinars and Live EducationRegular live webinars and trading sessionsOffers webinars, particularly for new traders
Mobile Research and AnalysisExness Trader app provides market news, analysisBlackBull Trader app includes integrated research
Advanced AlertsPush notifications, price alerts, order fillsPrice alerts, order updates through mobile
Language SupportOver 15 languages supportedAvailable in 6 languages
MetaTrader Plug-insAccess to various plugins like VPS, One-Click TradingAccess to multiple plugins for enhanced trading
See also  eToro vs XM Comparison & Reviews

Exness offers flexibility with high leverage, multiple language support, and a comprehensive social trading platform, ideal for global retail traders. BlackBull Markets focuses on ECN execution, FIX API, and direct market access, making it a strong choice for institutional and high-frequency traders.