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Side-by-Side Comparison Independent Updated Oct 2, 2026

BlackBull Markets vs Sarwa 2026: Which Broker is Better?

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

Higher ratedBlackBull Markets logo

BlackBull Markets

3.9/ 5
Visit BlackBull Markets →Full review
VS
BlackBull MarketsSarwa
BrokerRank Score3.9/5 ✓3.5/5
Min. Deposit$0 ✓$500
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationFCA, ASICDFSA, SEC
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
BlackBull MarketsSarwa
Best for Low Fees
BlackBull MarketsSarwa
Best for Regulation
BlackBull MarketsSarwa
Best Overall
BlackBull MarketsSarwa
Quick Answer

BlackBull Markets is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, BlackBull Markets offers lower spreads (0 pips).

See full side-by-side comparison below

BlackBull Markets vs Sarwa: Key Differences

Feature

BlackBull Markets

Winner

Sarwa

Our Rating
3.9 / 5
3.5 / 5
Min. Deposit
$0
$500
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
DFSASEC
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Etf, Stocks, Crypto
Founded
2014
2017
Headquarters
Auckland, New Zealand
Dubai, UAE
Score
3 / 4
1 / 4

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Fees Comparison

Fee

BlackBull Markets

Sarwa

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

BlackBull Markets holds licences from FCA, ASIC. Sarwa is regulated by SEC, DFSA.

Markets & Assets

Both brokers offer access to Stocks markets. BlackBull Markets additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Crypto.

Trading Platforms

BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.

Minimum Deposit

BlackBull Markets requires no minimum deposit, while Sarwa sets a minimum deposit of $500. This makes BlackBull Markets accessible to traders with any budget.

Overall Ratings

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.

BrokerRank Verdict

BlackBull Markets is our recommended pick in this comparison, scoring 3.93/5 versus Sarwa's 3.34/5. BlackBull Markets holds more tier-1 licences (FCA, ASIC), offering stronger regulatory protection. BlackBull Markets is more accessible for new traders with its lower minimum deposit requirement. Sarwa is still a solid option for traders who prefer Sarwa's specific platform or market selection, but BlackBull Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

BlackBull Markets

BlackBull Markets

3.9/5

Top pick

Choose BlackBull Markets if you want…

  • Higher overall rating (3.9/5)
  • No minimum deposit
  • Higher leverage (up to 1:500)
  • More market types (6)
Sarwa

Sarwa

3.5/5

Choose Sarwa if you want…

  • No per-trade commission

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Both BlackBull Markets & Sarwa are available in

Frequently Asked Questions

1

Is BlackBull Markets better than Sarwa?

BlackBull Markets scores higher overall on our independent rating system. BlackBull Markets holds a 3.9/5 rating vs Sarwa's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, BlackBull Markets or Sarwa?

BlackBull Markets offers spreads from 0 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for BlackBull Markets vs Sarwa?

BlackBull Markets requires a minimum deposit of $0. Sarwa requires $500.

4

Which broker is safer, BlackBull Markets or Sarwa?

BlackBull Markets is regulated by FCA, ASIC, while Sarwa holds licences from DFSA, SEC.

5

What trading platforms do BlackBull Markets and Sarwa support?

BlackBull Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.

6

Can I use both BlackBull Markets and Sarwa?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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