CMC Markets
BlackBull Markets
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
Choosing between CMC Markets and BlackBull Markets depends on your trading style, preferred markets, and budget. CMC Markets is headquartered in London, UK, while BlackBull Markets operates from Auckland, New Zealand. CMC Markets has the longer track record, established in 1989, compared to BlackBull Markets which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
CMC Markets
BlackBull Markets
| CMC Markets | BlackBull Markets | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.9/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, MAS ✓ | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, TradingView |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.9/5 on BrokerRank's independent rating. On fees, BlackBull Markets offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerBlackBull Markets
CMC Markets
BlackBull Markets
CMC Markets holds licences from FCA, ASIC, MAS. BlackBull Markets is regulated by FCA, ASIC.
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
On spreads, BlackBull Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.7 pips at CMC Markets.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. BlackBull Markets offers MT4, MT5, TradingView, Proprietary Mobile. Both brokers are available on Proprietary Mobile, MT4.
CMC Markets requires no minimum deposit, while BlackBull Markets sets no minimum deposit. This makes CMC Markets accessible to traders with any budget.
BrokerRank scores CMC Markets at 4.04/5 and BlackBull Markets at 3.93/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. CMC Markets leads overall with a clear advantage.
CMC Markets
4.0/5
Choose CMC Markets if you want…
BlackBull Markets
3.9/5
Choose BlackBull Markets if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs BlackBull Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while BlackBull Markets starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. BlackBull Markets requires $0.
CMC Markets is regulated by FCA, ASIC, MAS, while BlackBull Markets holds licences from FCA, ASIC.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. BlackBull Markets supports MT4, MT5, TradingView, 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.