BlackBull Markets
Sarwa
VS
Higher Rated
BlackBull Markets
Capital at risk · T&Cs apply
Choosing between BlackBull Markets and Sarwa depends on your trading style, preferred markets, and budget. BlackBull Markets is headquartered in Auckland, New Zealand, while Sarwa operates from Dubai, UAE. BlackBull Markets has the longer track record, established in 2014, compared to Sarwa which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
BlackBull Markets
Sarwa
| BlackBull Markets | Sarwa | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $500 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | FCA, ASIC | DFSA, SEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
BlackBull Markets is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, BlackBull Markets offers lower spreads (0 pips).
See full side-by-side comparison belowBlackBull Markets
WinnerSarwa
BlackBull Markets
Sarwa
Lower feesBlackBull Markets holds licences from FCA, ASIC. Sarwa is regulated by SEC, DFSA.
Both brokers offer access to Stocks markets. BlackBull Markets additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Crypto.
BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
BlackBull Markets requires no minimum deposit, while Sarwa sets a minimum deposit of $500. This makes BlackBull Markets accessible to traders with any budget.
BrokerRank scores BlackBull Markets at 3.93/5 and Sarwa at 3.34/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. BlackBull Markets leads overall with a clear advantage.
BlackBull Markets
3.9/5
Choose BlackBull Markets if you want…
Sarwa
3.3/5
Choose Sarwa if you want…
BlackBull Markets scores higher overall on our independent rating system. BlackBull Markets holds a 3.9/5 rating vs Sarwa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
BlackBull Markets offers spreads from 0 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
BlackBull Markets requires a minimum deposit of $0. Sarwa requires $500.
BlackBull Markets is regulated by FCA, ASIC, while Sarwa holds licences from DFSA, SEC.
BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.