FXTM vs BlackBull Markets 2026
Both are regulated. The right choice depends on your trading style.
FXTM suits traders who value copy trading. BlackBull Markets suits traders who prioritise tighter spreads, lower minimum deposit (None vs $10), more instruments (26,000 vs 1,000), no inactivity fee.
Head to head
| FXTM | BlackBull Markets | |
|---|---|---|
| Primary regulator | CySEC 185/12 | FMA FSP403326 |
| Regulation tier | tier-1 | offshore |
| Min deposit | $10 | None |
| EUR/USD spread | 0.1 pips | From 0.0 pips (ECN) |
| Instruments | 1,000+ | 26,000+ |
| MetaTrader | Yes (MT4+MT5) | Yes (MT4+MT5) |
| Copy trading | Yes | No |
| Real stocks | No — CFDs only | No — CFDs only |
| Inactivity fee | $5/mo after 6mo | None |
| Founded | 2011 | 2014 |
| Headquarters | Limassol, Cyprus | Auckland, New Zealand |
Regulation: FXTM vs BlackBull Markets
FXTM is regulated by CySEC under licence 185/12 (Forextime Ltd). The CySEC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
BlackBull Markets is regulated by FMA under licence FSP403326 (BlackBull Ltd). The FMA is an offshore regulator with lighter oversight than FCA, ASIC, or CySEC.
FXTM has the stronger regulatory profile with a CySEC licence from a tier-1 regulator.
Spreads and fees
FXTM's EUR/USD spread is 0.1 pips. BlackBull Markets's EUR/USD spread is From 0.0 pips (ECN). BlackBull Markets offers tighter spreads on this pair.
FXTM charges an inactivity fee of $5/month after 6 months without trading. BlackBull Markets does not charge an inactivity fee.
Platforms and tools
Both FXTM and BlackBull Markets support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.
FXTM offers copy trading, BlackBull Markets does not.
Minimum deposit
FXTM requires a minimum deposit of $10. BlackBull Markets requires None. BlackBull Markets has the lower barrier to entry.
Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.
Which is better for beginners?
FXTM is generally better for beginners because it offers copy trading, allowing new traders to replicate experienced traders automatically while learning. BlackBull Markets also has the lower minimum deposit of None. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.
Which is better for experienced traders?
Both FXTM and BlackBull Markets support MetaTrader, so experienced traders can use either without restriction. BlackBull Markets's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. BlackBull Markets offers more instruments (26,000) for portfolio diversification.
Verdict: FXTM vs BlackBull Markets
Choose FXTM if you want copy trading. The CySEC licence (185/12) gives it strong tier-1 regulatory backing.
Choose BlackBull Markets if you want tighter spreads, lower minimum deposit (None vs $10), more instruments (26,000 vs 1,000), no inactivity fee. The FMA licence (FSP403326) means offshore-style flexibility.
Both brokers are legitimate and regulated. The choice comes down to your specific trading requirements.
Frequently asked questions
FXTM vs BlackBull Markets: which is better?
FXTM is better for copy trading. BlackBull Markets is better for tighter spreads, lower minimum deposit (None vs $10), more instruments (26,000 vs 1,000), no inactivity fee. If regulation quality is your priority, FXTM (CySEC).
Is FXTM or BlackBull Markets safer?
FXTM holds a CySEC licence (185/12) from a tier-1 regulator with client compensation protection. BlackBull Markets is regulated by FMA.
What is the minimum deposit for FXTM and BlackBull Markets?
FXTM minimum deposit: $10. BlackBull Markets minimum deposit: None. Minimums vary by entity and account type.
Do FXTM and BlackBull Markets have MetaTrader?
Yes, both support MetaTrader 4 and MT5.