BlackBull Markets vs CMC Markets 2025

2. Better Trading Platforms – It’s a Tie

This section will now probe both brokers’ better trading platforms and how these two contenders will fare against each other. BlackBull Markets and CMC Markets are forex brokers offering robust trading platforms designed to cater to a diverse range of trader preferences. While BlackBull Markets offers a variety of platforms, including MetaTrader and cTrader, CMC Markets focuses on its proprietary platform. We see also that both brokers aim to enhance the trading experience with their advanced tools and features.

We have developed a software questionnaire to help you determine which platform best fits your trading style. By answering questions, we can recommend the best trading software for your needs.

Metatrader

MetaTrader platforms are highly popular for their list of advanced charting tools, technical analysis, and algorithmic trading capabilities. BlackBull Markets supports both MetaTrader 4 and MetaTrader 5, which offer flexibility for traders who value user-friendly interfaces and customisation. CMC Markets offers MetaTrader 4 but does not have MetaTrader 5, which may restrict traders seeking the newest features.

Advanced Platforms

Advanced platforms enable traders to make informed decisions using sophisticated charting tools, automation, and other premium features. BlackBull Markets provides cTrader, TradingView, and its platform, offering advanced charting and automated trading features. Meanwhile, CMC Markets focuses on its proprietary platform is known for customisable layouts, advanced tools, and comprehensive market analysis.

Copy Trading

Copy trading empowers traders to replicate the successful strategies of others, significantly increasing their potential for profitability. Both BlackBull Markets and CMC Markets offer copy trading, enabling users to replicate experienced traders for better performance.

BlackBull Markets and CMC Markets cater to traders looking for more diverse platform features. BlackBull Markets distinguishes itself with a diverse range of platforms and sophisticated tools, whereas CMC Markets boasts a robust proprietary platform. These options allow traders to choose the broker that truly aligns best with their trading needs and goals.

Our Better Trading Platform Verdict

BlackBull Markets and CMC Markets are neck-to-neck here thanks to better trading platforms.

CMC Markets ReviewVisit CMC Markets

*Your capital is at risk ‘69% of retail CFD accounts lose money’

3. Superior Accounts And Features – BlackBull Markets

We will review the exceptional accounts and features offered by two leading brokers: BlackBull Markets and CMC Markets. These two are known for offering traders various account options tailored to different trading needs. BlackBull Markets provides flexibility with three account types, while CMC Markets caters to traders with Standard and Premium accounts. Both brokers contribute significantly to the trading industry through their unique features.

BlackBull Markets offers three account types:

• Standard
• Prime
• Institutional

These are designed to meet diverse trading requirements with features like RAW and SWAP-free accounts.

CMC Markets offers two account types:

• Standard
• Premium

These are known for their spread betting availability in the UK.

BlackBull Markets excels in flexibility and features, while CMC Markets provides focused options for active traders. Spreads and commissions vary, with lower spreads available in higher-tier accounts across both brokers.

BlackBull Markets and CMC Markets stand out in the forex industry for their trader-centric offerings. BlackBull Markets stands out for its impressive range of account options and exceptional features, CMC Markets attracts active traders with its user-friendly account choices and opportunities for spread betting. We can only surmise that both brokers enable traders to optimise their strategies effectively.

Our Superior Accounts and Features Verdict

BlackBull Markets brings home the gold here on account of their superior accounts and features.

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4. Best Trading Experience And Ease – BlackBull Markets

BlackBull Markets and CMC Markets are top forex brokers recognized for fast order execution and reliable trading conditions. BlackBull Markets stands out with its Direct Market Access (DMA) feature, guaranteeing swift and efficient execution speeds. Meanwhile, CMC Markets continues to hold its ground with dependable performance, making it a formidable competitor in the market. This will contribute to a seamless trading experience for traders in the forex trading industry.

BlackBull Markets outperforms CMC Markets with remarkable order execution speeds, achieving just 72 milliseconds for limit orders and 90 milliseconds for market orders. This will secure top global rankings with confidence and reliability. Its CMA Forex Brokers feature ensures direct market access, which reduces slippage and enhances trading efficiency. CMC Markets performs well with limit orders at 138ms and market orders at 180ms, but it is slower than BlackBull Markets. Both brokers enhance the trading community with advanced execution technologies but serve different needs.

Our findings show that BlackBull Markets excels in execution efficiency due to its DMA feature and high-speed rankings, giving traders an advantage in precision. CMC Markets, on the other hand, delivers reliable order execution but is outpaced by BlackBull Markets’s advanced capabilities. We presume both brokers elevate the forex industry with their tailored trading solutions.

Our Best Trading Experience and Ease Verdict

Without a doubt, BlackBull Markets takes the lead due to its better trading experience and ease.

BlackBull Markets ReviewVisit BlackBull Markets

5. Stronger Trust And Regulation – CMC Markets

This section will explore the robust trust and regulatory frameworks associated with each broker. Let us pit these two against each other. Both BlackBull Markets and CMC Markets are reliable forex brokers that offer distinct benefits. CMC Markets stands out with its strong regulation, extensive history, and global reach, while BlackBull Markets is a reliable option, especially for traders seeking support based in New Zealand and flexible account features.

Undoubtedly, CMC Markets shines with their trust score of 91, compared to BlackBull Markets’ 50.

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CMC Markets has an impressive trust score compared to BlackBull Markets. Let us see how this trust score goes.

CMC Markets boasts Tier 1 regulation with reputable authorities such as ASIC and FCA, this reflects a strong global presence and trustworthiness. This broker’s history started in 1989 and with over 1,000,000 active traders, highlights an established reputation. BlackBull Markets, regulated by Tier 2 (FMA) and Tier 3 (FSA-S), offers reliable services targeting the New Zealand market. Although CMC Markets has a broader reach and longer legacy, BlackBull Markets offers tailored services appealing to niche markets. We see here that both brokers are dependable, with their unique strengths for traders based on their priorities.

CMC Markets has the following regulations:

• Tier 1 – Australian Securities And Investment Commission (ASIC) in Australia FSP403326, Financial Conduct Authority (FCA) in the UK with licence 173730, BaFin (Germany) with registration 154814
• Tier 2 – Monetary Authority of Singapore (MAS) in Singapore with registration number 200605050E, Financial Markets Authority (FMA) in New Zealand with provider number 1705324 and the Investment Industry Regulatory Organization of Canada (IIROC)

CMC was shortlisted on the Best Forex Brokers In Australia and the FCA Regulated Brokers UK list.

Blackbull Markets has one ‘tier 2’ regulator (FMA) and one tier 3 regulator (FSA):

• Tier 2 – Financial Markets Authority (FMA) in New Zealand with provider number FSP403326
• Tier 3- Financial Services Authority (FSA) in Seychelles with licence SD045

History Of The Broker

CMC Markets was founded in 1989 (it abbreviated its name in 2005 to CMC Markets). BlackBull Markets was founded in 2014 (the same year we started CompareForexBrokers). In 1989, no forex broker could be older than that year. However, a broker that has been around for nearly a decade is considered respectable in the industry. CMC’s roots and headquarters are based in the UK, while BlackBull Markets is a NZ-based broker. I won’t lower the score based on the locations, but I’ve given CMC a higher score for its history and origins due to its age.

Broker Size

CMC Markets has more than 1,000,000 active traders divided between its stockbroking and forex trading divisions. The last time Blackbull Markets published trader numbers was in 2021 when they had passed 20,000 active traders. This means that Blackbull is significantly smaller in all markets. Even in New Zealand, CMC Markets has a bigger market share.

Our team believes CMC Markets stands out due to its regulation, size, and history, making it a trustworthy choice for global traders. BlackBull Markets, however, remains a commendable choice for its focused, trader-centric offerings, which provide versatility and reliability. Our perspective on this review is that both brokers elevate forex trading through tailored experiences and industry contributions.

Our Stronger Trust and Regulation Verdict

It’s clear enough that CMC Markets outperforms the other in this segment because of their stronger trust and regulation.

CMC Markets ReviewVisit CMC Markets

*Your capital is at risk ‘69% of retail CFD accounts lose money’

6. CFD Product Range And Financial Markets – CMC Markets

BlackBull Markets and CMC Markets are notable forex brokers that provide various CFDs and market opportunities. BlackBull Markets offers competitive trading features and niche products, while CMC Markets provides a range of trading instruments. This makes these two brokers valuable contributors to the global trading industry.

BlackBull Markets provides access to 55 forex pairs, 12 indices, and a selection of commodities, cryptocurrencies, and share CFDs. This caters to traders who are on the lookout for a more focused option in trading. Unlike CMC Markets, they offer a much broader range of products, including 338 forex pairs, 124 commodities, 19 cryptocurrencies, and over 10,000 share CFDs, as well as unique options like ETFs, bonds, and futures. This variety allows traders to explore comprehensive investment opportunities and diversify their portfolios effectively. In summary, both brokers align with their global trading trends, which prioritise market flexibility.

Note: The numbers above are approximate and may vary based on market conditions and updates from the brokers.

CMC Markets takes the lead with expansive CFD offerings and market diversity appeals to traders who aim for a broad portfolio. BlackBull Markets offers well-targeted products and competitive features that meet specific trading needs. Put together, they fully enhance the forex trading industry.

Our Top Product Range and CFD Markets Verdict

This research points to CMC Markets stealing the show due to their top product range and CFD markets. Investors looking for a diverse portfolio might find CMC Markets more appealing.

CMC Markets ReviewVisit CMC Markets

*Your capital is at risk ‘69% of retail CFD accounts lose money’

7. Superior Educational Resources – CMC Markets

BlackBull Markets and CMC Markets. These two brokers demonstrate a strong commitment to trader education. This move equips new and seasoned traders, especially with the knowledge and tools to excel. In the meantime, BlackBull Markets emphasizes a systematic approach to forex education. In contrast, CMC Markets provides an array of resources, accommodating a variety of learning styles.

BlackBull Markets offers a comprehensive educational framework. This features comprehensive forex tutorials for beginners, advanced webinars, and insightful market analysis. This is an excellent choice for structured and skill-building approaches. On the flip side, CMC Markets has an extensive library of educational videos, expert-hosted webinars, and in-depth trading strategies, this appeals to traders who are looking for diverse and innovative learning materials. Both brokers stand out for their commitment to keeping traders informed amidst evolving forex trading trends.

Here’s a comparison of the educational offerings from both brokers:

• BlackBull Markets:
  1. Offers a comprehensive Forex education section for beginners.
  2. Provides webinars and seminars for advanced traders.
  3. Features in-depth market analysis and news updates.
• CMC Markets:
  1. Boasts an extensive library of educational videos and tutorials.
  2. Conducts regular webinars hosted by industry experts.
  3. Provides detailed market insights and trading strategies.

Note: The above points are based on the information provided by the broker’s website and our testing.

Our team’s study shows that BlackBull Markets excels in structured education, while CMC Markets offers better and more versatile resources. To summarise, both brokers enhance traders’ knowledge and skills, which enables them to adapt and thrive in the competitive forex industry.

Our Superior Educational Resources Verdict

CMC Markets, unquestionably, shines in this area due to their superior educational resources.

CMC Markets ReviewVisit CMC Markets

*Your capital is at risk ‘69% of retail CFD accounts lose money’

8. Better Customer Service – CMC Markets

Now, let us dive into our brokers’ better customer service. BlackBull Markets and CMC Markets are esteemed forex brokers in the market, both are recognised for their customer-focused services. It also provides comprehensive communication channels, including live chat, email, and phone support, which ensures that traders receive prompt assistance. While both brokers are dependable, CMC Markets stands out with 24/7 customer service catering to traders around the clock.

Customer support plays a pivotal role in enhancing the trading experience. BlackBull Markets offers reliable support with 24/5 availability, multilingual assistance, and multiple contact options. CMC Markets excels with round-the-clock(24/7) customer service. This provides seamless support for global traders across different time zones. This process ensures that urgent inquiries and issues are handled efficiently. Both brokers exhibit a commitment to customer satisfaction, contributing to an enriched trading environment.

CMC Markets excels in customer service with 24/7 support, making it a top choice for traders who need constant assistance. In the meantime, BlackBull Markets stands out as a trustworthy choice, offering dependable multilingual support. We surmise that both brokers contribute significantly to fostering a trader-friendly experience in the forex industry.

Our Superior Customer Service Verdict

CMC Markets excels in this area due to its superior customer service.

CMC Markets ReviewVisit CMC Markets

*Your capital is at risk ‘69% of retail CFD accounts lose money’

9. More Funding Options – BlackBull Markets

This time, we will turn our attention to funding options from our brokers. BlackBull Markets and CMC Markets are forex brokers offering flexible funding options to accommodate diverse trader financial needs. BlackBull Markets offers a variety of e-wallet options, while CMC Markets excels in fast transaction processing. Both brokers, here, significantly enhance traders’ experiences in managing their accounts effectively.

Funding methods are very crucial for traders’ seamless forex trading. BlackBull Markets offers a variety of e-wallet options, including Skrill, Neteller, FasaPay, and UnionPay, providing flexibility for traders. CMC Markets has fewer e-wallet options but makes up for it with fast transaction processing for bank transfers and credit cards. PayPal integration is exceptional to BlackBull Markets, further enhancing its accessibility. Both brokers ensure reliable and cost-efficient funding options, which align with global trends in forex trading convenience and technology.

Below is a table that provides a comprehensive comparison of the funding options available with each broker:

Our analysis reveals that BlackBull Markets stands out with its wide range of funding options, making it the perfect choice for traders who prioritize flexibility. Meanwhile, CMC Markets appeals to those prioritising speed and efficiency. To conclude, both brokers play pivotal roles in elevating the funding experience within the forex trading industry.

Our Better Funding Options Verdict

BlackBull Markets ranks highest in this niche they owe it to their better funding options.

BlackBull Markets ReviewVisit BlackBull Markets

10. Lower Minimum Deposit – It’s a Tie

Here’s what we will be covering next from our brokers: Low minimum deposit. BlackBull Markets and CMC Markets offer flexible minimum deposit options, making them appealing to traders. Both brokers allow beginners to start trading with just $0 upfront creating an accessible entry point. BlackBull Markets provides advanced accounts for professionals with higher deposit limits, catering to various trading skills and investment levels.

BlackBull Markets provides three account types:

• ECN Standard $0
• ECN Prime $2,000
• ECN Institutional $25,000

These account types suit beginners as well as seasoned traders alike. CMC Markets offers two account types, with a $0 minimum deposit, simplifying entry for all traders. While CMC Markets emphasises accessibility for novice traders, BlackBull Markets balances accessibility with its tiered account options for higher-level investors. Their deposit thresholds match industry trends, encouraging traders to consider each broker’s reputation, platforms, and customer support before entering the market.

Here’s a comparison of the minimum deposit amounts required by each broker:

Our research shows that both brokers are notable for their $0 minimum deposit, making them attractive to beginners. Meanwhile, BlackBull Markets exceeds in providing advanced accounts with their higher deposits, while CMC Markets emphasises simplicity. These features enhance the overall accessibility and appeal of both brokers in the forex trading industry.

When choosing a broker, go for the one with minimum deposits. It is enticing, but the broker’s reputation, trading platforms, and customer support should also be considered.

Our Lower Minimum Deposit Verdict

It’s a standoff for BlackBull Markets and CMC Markets, thanks to a lower minimum deposit.

BlackBull Markets ReviewVisit BlackBull Markets

So is CMC Markets or BlackBull Markets the Best Broker?

CMC Markets outshines here because they have consistently outperformed in multiple categories, showcasing their comprehensive offerings and commitment to providing a superior trading experience.

BlackBull Markets is still an optimal choice for those opting for competitive spreads, a better trading platform, an exceptional trading experience and ease.

The table below summarises the key information leading to this verdict:

CMC Markets: Best For Beginner Traders

For those just starting out in the trading world, CMC Markets offers a more user-friendly platform, extensive educational resources, and superior customer service, making it the ideal choice for beginner traders.

BlackBull Markets: Best For Experienced Traders

For seasoned traders looking for advanced features, competitive spreads, and a diverse range of products, BlackBull Markets stands out as the preferred broker.