Written by ForexBrokers.com
Is Swissquote better than BlackBull Markets? In our analysis of 23 international regulators across 62 of the best forex brokers, Swissquote is considered low-risk, with an overall Trust Score of 99 out of 99. BlackBull Markets is considered average-risk, with an overall Trust Score of 74 out of 99. Learn more about Trust Score.
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❯×| Overall Rating | Swissquote | BlackBull Markets | |
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| Trust Score | 99 | 74 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BlackBull Markets Review |
| Regulation | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Trust Score | 99 | 74 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Authorised in European Union | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 |
| Tier-1 Licenses (High Trust) | Swissquote | BlackBull Markets | |
|---|---|---|---|
| ASIC Authorised (Australia) | No | No | |
| IIROC Authorised (Canada) | No | No | |
| SFC Authorised (Hong Kong) | Yes | No | |
| CBI Authorised (Ireland) | No | No | |
| FSA Authorised (Japan) | No | No | |
| MAS Authorised (Singapore) | Yes | No | |
| FINMA Authorised (Switzerland) | Yes | No | |
| FCA Authorised (U.K.) | Yes | No | |
| CFTC Registered (USA) | No | No | |
| FMA Authorised (New Zealand) | No | Yes |
| Tier-2 Licenses (Average Trust) | Swissquote | BlackBull Markets | |
|---|---|---|---|
| CBRC Authorised (China) | No | No | |
| CySEC Authorised (Cyprus) | No | No | |
| SEBI Authorised (India) | No | No | |
| ISA Authorised (Israel) | No | No | |
| CBR Authorised (Russia) | No | No | |
| FSCA Authorised (South Africa) | No | No | |
| SEC Authorised (Thailand) | No | No | |
| DFSA / Central Bank Authorised (UAE) | Yes | No |
| Tier-3 Licenses (Low Trust) | Swissquote | BlackBull Markets | |
|---|---|---|---|
| SCB Authorised (Bahamas) | No | No | |
| FSC Authorised (Belize) | No | No | |
| CIMA Authorised (Cayman Islands) | No | No | |
| BMA Authorised (Bermuda) | No | No | |
| FSC Authorised (British Virgin Islands) | No | No | |
| FSC Authorised (Mauritius) | No | No | |
| VFSC Authorised (Vanuatu) | No | No |
| Investments | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 466 | 26000 | |
| Forex Pairs (Total) | 78 | 72 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (CFD) | No | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.827 | |
| All-in Cost EUR/USD - Active | N/A | 0.827 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Minimum Deposit | $1000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes | |
| Trading Platforms Gallery (click to expand) |
| Trading Tools | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 49 | 30 | |
| Charting - Drawing Tools (Total) | 16 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Forex Calendar | Yes | Yes | |
| Mobile Trading Gallery (click to expand) |
| Research | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes | |
| Research Gallery (click to expand) |
| Education | Swissquote | BlackBull Markets | |
|---|---|---|---|
| Has Education - Forex or CFDs | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes | |
| Education Gallery (click to expand) |
| Major Forex Pairs | Swissquote | BlackBull Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review | BlackBull Markets Review |
| Overall | Swissquote | BlackBull Markets | |
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| Offering of Investments |
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| Platform & Tools |
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| Education |
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| Trust Score | 99 | 74 | |
| Winner | check_circle | ||
| Review | Swissquote Review | BlackBull Markets Review |
Compare
0 of 5Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Swissquote vs BlackBull Markets.
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, BlackBull Markets offers better pricing overall for traders.
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Swissquote holds 4 global Tier-1 licenses, while BlackBull Markets holds 1. Swissquote holds 1 global Tier-2 licenses, while BlackBull Markets holds 0. In our analysis of 23 international regulators across 50 brokers, Swissquote earned a higher Trust Score than BlackBull Markets.
To compare the trading platforms of both Swissquote and BlackBull Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Swissquote offers a better experience. With research, Swissquote offers superior market research. Finally, we found Swissquote to provide better mobile trading apps.
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Swissquote and BlackBull Markets offer MetaTrader 4 (MT4).Swissquote and BlackBull Markets both offer copy trading.
Swissquote provides traders 78 currency pairs (e.g., EUR/USD) compared to BlackBull Markets's 72 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 26000 CFDs while Swissquote has 466 available CFDs, a difference of 25534.
Swissquote is a publicly traded company, operates a regulated bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and no tier-3 regulators (low trust). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority (FCA).
BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulators (high trust), zero tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-1 regulators: Financial Markets Authority (FMA).
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
Overall winner: Swissquote
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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