BlackBull Markets vs FxPro compared

Online brokers compared for fees, trading platforms, safety and more. See how BlackBull Markets stacks up against FxPro!

BlackBull Markets
FxPro
74-89% of retail CFD accounts lose money
79.27% of retail CFD accounts lose money

Last update of dataDec 2022

BlackBull Markets

BlackBull Markets is a New Zealand-based forex broker. It is regulated by the top-tier FMA in New Zealand.

Recommended for forex traders looking for low fees who prefer the MetaTrader platform.

FxPro

FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas. It is also licensed by South Africa's FSCA.

Recommended for forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform.

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

Account opening takes somewhat more effort at BlackBull Markets compared to FxPro, deposit and withdrawal processes are about the same quality at BlackBull Markets, while customer service quality is similar to FxPro's.

Our experts rated the trading platform of BlackBull Markets as being of the same quality as the platform of FxPro, found that clients have access to more markets and products with BlackBull Markets, while FxPro provides better research and education.

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

Overall Score
4.2

Recommended for Forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform

Country of origin

New Zealand

Country of origin

Cyprus

Fees

Fees score
3.9
Fees score
3.8
Fees summary

Low trading fees, but average non-trading fees

Fees summary

Average trading and non-trading fees, high CFD 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
4.3
Deposit and withdrawal score
4.5
Number of base currencies

9

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
4.3
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$2000

*
Minimum deposit
*

$100

*
Time to open account

1 day

Time to open account

1 day

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

Required documents

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

Trading platform

Web platform score
3.8
Web platform score
2.8
Mobile platform score
3.8
Mobile platform score
4.3
Desktop platform score
3.4
Desktop platform score
3.4

Markets and products

Markets and products score
3.8
Markets and products score
2.1
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.

CFD disclaimer

Disclaimer: 79.27% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
2.1
Research score
4.5
Charting quality

Mid-range

Charting quality

Mid-range

Education score
4.0
Education score
4.0
Demo account
Demo account

Customer service

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

Security

Investor protection amount

No protection

Investor protection amount

£85,000 for cliens under FCA, €20,000 under CySEC, no protection under Bahamas

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

2014

Foundation date

2006

Country of regulation

New Zealand, Seychelles

Country of regulation

Cyprus, UK, Bahamas, South Africa

BlackBull Markets

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

FxPro

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.

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