Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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BlackBull Markets (founded 2014) and Eightcap (founded 2009) are online brokers that are not publicly traded and are not banks. Based on ForexBrokers.com’s Trust Score (out of 99), BlackBull Markets scores 77 and is considered average risk, while Eightcap scores 87 and is considered trusted. For context, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted.
On regulation, BlackBull Markets holds 1 Tier-1 license (highly trusted) and 0 Tier-2 licenses (trusted). Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In simple terms, Eightcap has broader top-tier oversight, whereas BlackBull Markets has some top-tier coverage but fewer licenses overall.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
BlackBull Markets and Eightcap both earn a strong 4.5 out of 5 stars for commissions and fees, but BlackBull has the edge in the ranking, placing #9 out of 36 brokers compared with Eightcap at #20. In simple terms, both brokers are reasonably priced, but BlackBull comes out a bit better overall for traders who want lower trading costs.
At BlackBull Markets, costs depend on the account you choose. The Standard account has no commission and no minimum deposit, but its spreads are higher. The Prime account is often the better value, with an average EUR/USD spread of 0.16 pips and an all-in cost of about 0.76 pips after commission, though it requires a $2,000 minimum deposit. For more active traders, the ECN Institutional account asks for at least $20,000 and offers even lower commissions.
Eightcap also gives traders two main choices: a spread-only Standard account or a commission-based Raw account. The Raw account shows an average spread of 0.06 pips, but once the $3.50 per-side commission is added, the total cost is around 0.76 pips, which is close to the industry average. That makes Eightcap fairly competitive, but still a little more expensive than the cheapest forex brokers.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.16 | 1.0 |
| All-in Cost EUR/USD - Active | 0.76 | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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BlackBull Markets offers a much wider range of investments than Eightcap, making it the stronger choice for traders who want more market access in one place. Both brokers support forex trading as CFDs, and both offer cryptocurrency CFDs, but BlackBull Markets stands out with 26,000 tradeable symbols and 72 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. BlackBull Markets also lets clients buy exchange-traded shares on both U.S. and international markets, which Eightcap does not offer.
In addition, BlackBull Markets supports copy trading, while Eightcap does not. Neither broker allows buying actual, delivered cryptocurrency. Overall, BlackBull Markets is rated 5 out of 5 stars for Range of Investments and ranks #7 out of 36 brokers on ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #30. For investors looking for more choice across stocks, forex, and copy trading, BlackBull Markets has the clear edge.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 803 |
| Forex Pairs (Total) | 72 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | 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). |
Dive deeper: Best Copy Trading Platforms.
BlackBull Markets and Eightcap both give traders a solid set of platform choices, including free demo accounts, MetaTrader 4 (MT4), MetaTrader 5 (MT5), a Windows desktop app, and a web-based platform. Both brokers also let users trade directly from charts, and neither offers a proprietary in-house platform. In ForexBrokers.com’s Trading Platforms and Tools category, both are rated 4 out of 5 stars, showing they each provide a similar overall trading setup for everyday users.
The main difference is that BlackBull Markets adds copy trading, while Eightcap does not. That may matter for traders who want to follow and automatically mirror other investors. In the broader ForexBrokers.com ranking for Trading Platforms and Tools, BlackBull Markets places higher at #25 out of 36 brokers, compared with Eightcap at #32 out of 36. If copy trading is important, BlackBull Markets has the edge; otherwise, both brokers offer a comparable mix of trading platforms and tools.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Eightcap both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts and watchlist syncing between the app and the online account. Each app also lets users draw trendlines on charts and automatically saves those drawings, making it easy to pick up where you left off. For overall mobile trading apps, both brokers are rated 4 out of 5 stars.
The biggest difference is in charting tools: BlackBull Markets includes 30 technical studies in its mobile app, while Eightcap offers 100. Even so, BlackBull Markets is ranked higher by ForexBrokers.com in the Mobile Trading Apps category, placing #28 out of 36 brokers compared with Eightcap at #32 out of 36.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
BlackBull Markets and Eightcap both give traders daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar to track current and upcoming global events. Neither broker offers forex news from major sources like Bloomberg, Reuters, or Dow Jones, and neither provides research from Trading Central or TipRanks. For overall research, BlackBull Markets has the edge thanks to Autochartist, which adds technical and fundamental analysis tools that Eightcap does not offer.
When it comes to market research quality, BlackBull Markets is rated 4.5 out of 5 stars and ranks #17 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 3.5 out of 5 stars and ranks #34. Eightcap does stand out for offering Acuity Trading tools such as Signal Centre, which BlackBull Markets does not have. Still, BlackBull Markets offers a wider mix of research features overall, making it the stronger pick for traders who want more help with market analysis.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, BlackBull Markets has a clear edge over Eightcap. BlackBull Markets offers forex and CFD learning materials, monthly live client webinars, more than 10 beginner trading videos, and even 10+ advanced videos for traders who want to go further. It also earns a stronger Education score of 4.5 out of 5 and ranks #24 out of 36 brokers for Education at ForexBrokers.com.
Eightcap also gives beginners a solid start, with at least 10 beginner trading videos and forex/CFD education resources available. However, it does not offer monthly educational webinars and does not provide 10+ advanced educational videos, which may matter for traders who want more ongoing support and deeper learning. As a result, Eightcap holds a lower Education rating of 3.5 out of 5 and ranks #31 out of 36, making BlackBull Markets the better choice overall for educational resources.
| Feature |
BlackBull Markets
|
Eightcap
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Eightcap. BlackBull Markets finished with an overall rank of #22, while Eightcap finished with an overall rank of #30.
BlackBull Markets is a growing broker best known for its broad platform support, including MetaTrader, cTrader, TradingView, and copy trading tools, along with a large range of tradeable instruments.
| Feature |
BlackBull Markets
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Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 77 | 87 |
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BlackBull Markets vs Eightcap: neither online broker allows buying actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Comparing funding and withdrawal methods, BlackBull Markets supports ACH/SEPA, Skrill, and bank wire transfers (no PayPal), while Eightcap offers PayPal, Skrill, and bank wires (no ACH/SEPA), with Visa/Mastercard availability not specified for either.
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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0 of 5| Overall Rating | BlackBull Markets | Eightcap | |
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| Trust Score | 77 | 87 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
| Broker Screenshots | BlackBull Markets | Eightcap | |
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| Broker Gallery (click to expand) |
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| Regulation | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Trust Score | 77 | 87 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 803 | |
| Forex Pairs (Total) | 72 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | 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 | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.16 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.76 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | BlackBull Markets | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | Eightcap Review |
| Overall | BlackBull Markets | Eightcap | |
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| Trust Score | 77 | 87 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Eightcap Review |
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