Barclays vs BlackBull Markets compared

Barclays
BlackBull Markets
74-89% of retail CFD accounts lose money
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Customer service score
    0.0
    /5
  • Trading platform combined score
    1.0
    /5
  • Research score
    4.0
    /5
  • Customer service score
    5.0
    /5
  • Trading platform combined score
    3.7
    /5
  • Research score
    2.1
    /5
Recommended for
  • Beginners
    2.5
    /5
  • Equity
    4.3
    /5
  • Investors and traders globally
You can't open an account in United States
You can't open an account in United States

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.3

Recommended for Long-term investors looking for a broker with low fees and solid background

Overall Score
4.3

Recommended for Forex traders looking for low fees who prefer the MetaTrader platform

Country of origin

UK

Country of origin

New Zealand

Fees

Fees score
3.6
Fees score
3.8
Fees summary

Low trading and non-trading fees

Fees summary

Low trading fees, but average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.0
Deposit and withdrawal score
4.4
Number of base currencies

1

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
3.5
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

>3 days

Time to open account

1 day

Required documents

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement / phone bill / insurance policy / lease agreement / letter from employer, landlord or government

Trading platform

Web platform score
3.5
Web platform score
3.8
Mobile platform score
-
Mobile platform score
3.8
Desktop platform score
-
Desktop platform score
3.4

Markets and products

Markets and products score
3.2
Markets and products score
3.8
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.0
Research score
2.1
Charting quality

Poor

Charting quality

Mid-range

Education score
1.5
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
0.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1992

Foundation date

2014

Country of regulation

UK

Country of regulation

New Zealand, Seychelles

Barclays

For detailed information and hands-on experience, read our review of this broker.

BlackBull Markets

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Barclays's service is on par with BlackBull Markets's and a comparison of their fees shows that Barclays's fees are similar to BlackBull Markets's.

Account opening takes more effort at Barclays compared to BlackBull Markets, deposit and withdrawal processes are somewhat more complicated at Barclays, while customer service quality is considerably lower than BlackBull Markets's.

Our experts rated the trading platform of Barclays as much less user-friendly than the platform of BlackBull Markets, found that clients have access to slightly less markets and products with Barclays, while BlackBull Markets provides less useful research and education.

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