BlackBull Markets vs FXTM - Broker Comparison April 2026
Head-to-head comparison of BlackBull Markets and FXTM. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed April 2026.
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BlackBull Markets
Trade with an award-winning True ECN broker
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FXTM
Global Forex & CFD Broker with Ultra-High Leverage
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| Overview | ||
| Trustpilot Rating | 4.7 | 2.4 |
| Trustpilot Reviews | 3,291 | 1,074 |
| Headquarters | New Zealand | Mauritius |
| Founded | 2014 | 2011 |
| Best For | Algo Trading Copy Trading Day Trading High Leverage Low Deposit Low Spreads Scalping Swing Trading News Trading Hedging Zero Spread No Commission Professional | High Leverage Low Spreads Beginners Education Copy Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | FMA (New Zealand) FSA (Seychelles) | FCA (UK) FSC (Mauritius) FSCA (South Africa) CMA (Kenya) SCA (UAE) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | FSCL (Financial Services Complaints Limited) dispute resolution scheme in New Zealand. No FSCS or ICF coverage. Seychelles entity has no investor compensation fund. | Up to GBP 85000 under FCA FSCS; Up to USD 1000000 Lloyds insurance (Mauritius entity) |
| Trading Costs | ||
| Min Spread | 0.0 pips (Prime/Institutional), 0.8 pips (Standard) | From 0.0 pips (Advantage), From 1.5 pips (Advantage Plus) |
| Commission | $0 (Standard), $6/lot RT (Prime), $4/lot RT (Institutional) | $3.50/lot (Advantage), None (Advantage Plus) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | $10/month after 3 months inactivity |
| Deposit/Withdrawal Fees | Deposits free. Withdrawals $5 flat fee for bank wire and cards. E-wallet fees vary. | Deposits free over $30. Withdrawals: Bank wire EUR 30, Cards EUR 2, FasaPay 0.5%, WebMoney 2% |
| Trading Conditions | ||
| Max Leverage | 1:500 (Global) | 1:3000 (Mauritius), 1:400 (Kenya), 1:30 (UK retail) |
| Min Deposit | $0 (Standard/Prime), $20000 (Institutional) | $50 (Edge), $200 (Advantage/Advantage Plus) |
| Execution Type | ECN | ECN |
| Stop Out Level | 50% | 50% |
| Margin Call Level | 70% | 80% |
| Instruments | 70 Forex 1800+ Stocks 16 Indices 10 Commodities 9 Metals 3 Energies 20 Crypto ETFs Futures | 47 Forex 600+ Stocks 18 Indices 10 Commodities 3 Metals 4 Energies 17 Crypto ETFs |
| Currency Pairs | 70 | 47 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes |
| Education | Video Tutorials Webinars Trading Academy eBooks Economic Calendar Market Analysis Podcasts Autochartist | Webinars Video Tutorials eBooks Beginner Guides Trading Articles Demo Accounts |
| Account & Support | ||
| Account Types | Standard Prime Institutional Islamic Demo | Edge Advantage Advantage Plus Islamic Demo |
| Payment Methods | Credit/Debit Cards (Visa Mastercard AMEX) Bank Wire Skrill Neteller UnionPay Crypto (Bitcoin Ethereum) FasaPay Apple Pay Google Pay | Credit/Debit Cards Bank Wire Skrill Neteller FasaPay WebMoney Perfect Money Google Pay |
| Withdrawal Speed | 1-2 Days (e-wallets under 24 hours, bank wire 1-3 business days) | Same day (e-wallets), 1-3 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/5 Live Chat, Email, Phone, WhatsApp | 24/5 Live Chat, Email, Phone |
BlackBull Markets
FXTM