Updated October 17, 2026 · SumCue Editorial Team
BlackBull Markets vs XTB
BlackBull Markets
XTB
Higher score in this comparison
BlackBull Markets vs XTB: the differences
| Compare | BlackBull MarketsReviewVisitVisit | XTBReviewVisitVisit |
|---|---|---|
| Minimum deposit | $0 | €0 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, BondsCovers more | Stocks, ETFs, Forex, CFDs, Crypto |
| Platforms | TradingView, MetaTrader 4, MetaTrader 5, CTrader, BlackBull CopyTrader, BlackBull Invest | XStation 5, XStation Mobile |
| Maximum retail leverage | 1:500 | 1:30 |
| Stock trade fee | Not confirmed | €0 |
| Account fee | Not confirmed | €0 |
| Inactivity fee | Not confirmed | €10 |
| Regulators | Not confirmed | Cyprus Securities and Exchange Commission (CySEC), FCA, KNF |
| Investor protection | Not confirmed | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | Not confirmed | 77% |
| Currency conversion fee | Not confirmed | 0.5% |
| Deposit and withdrawal fees | Not confirmed | Free deposits; free withdrawals above 100 EUR/USD |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- XTB scores higher overall: 9.3 vs 9.2.
- Founded is lower at XTB: 2002 vs 2014.
- Markets: only BlackBull Markets offers Bonds.
- Platforms: only BlackBull Markets offers TradingView, MetaTrader 4, MetaTrader 5.
- Platforms: only XTB offers XStation 5, XStation Mobile.
- Support channels: only XTB offers Chat.
- Features: only BlackBull Markets offers Copy trading.
- Features: only XTB offers Crypto.
Our verdict on each
BlackBull Markets
For active traders, BlackBull Markets' is a broker offering more than 26,000 instruments across more than 80 markets. It suits confident self directed traders wanting institutional grade conditions with segregated handling of client funds.
XTB
XTB suits beginners who want an account for shares, forex, CFDs and crypto without a monthly charge, and the cost side is thin: the account fee is €0 and the stock trade fee is €0. The catch is the inactivity fee of €10 and a currency conversion fee of 0.5%.
Score breakdown
| Area | BlackBull Markets | XTB |
|---|---|---|
| Cost | 9.7Higher | 9.2Account fee of €0 and stock trade fee of €0 lead, with an inactivity fee of €10 the offset. |
| Offer | 9.5Higher | 9.2 |
| Trust | 8.6 | 9.5Higher |
Positions in our rankings
| Ranking | BlackBull Markets | XTB |
|---|---|---|
| Investing | 24 of 654 | 3 of 654 |
| Stock and ETF brokers | 14 of 358 | 2 of 358 |
| Trading platforms | 10 of 24 | 2 of 24 |
| Forex brokers | 6 of 147 | 2 of 147 |
Feature by feature
| Markets | BlackBull Markets | XTB |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | No |
Where each is licensed and available
| Country | BlackBull Markets | XTB |
|---|---|---|
| Cyprus | Not confirmed | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 259400HM2TR4U3LF5D43 |
| Poland | Not confirmed | |
| United Kingdom | Not confirmed |
Choosing between them
Pick BlackBull Markets if cost, offer, and markets matter most.
Pick XTB if trust matter most.
Sources behind this comparison
BlackBull Markets
- blackbull.com: 6 facts, checked September 26, 2026
- partners.blackbull.com: 3 facts, checked October 17, 2026
XTB
- xtb.com: 10 facts, checked September 26, 2026
- hello-brokers.com: 5 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
- linkedin.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | BlackBull Markets | XTB |
|---|---|---|
| Features | Copy trading, Demo account, Mobile app | Demo account, Mobile app, Crypto |
| Pricing model | Not confirmed | Commission free, Low fees |
| Audience | Not confirmed | Beginners |
| Legal entity | Black Bull Group Limited | XTB Limited |
| Headquarters | New Zealand | Cyprus |
| Founded | 2014 | 2002Lower |
| Support channels | Email, Phone | Email, Chat, PhoneCovers more |
Crypto exchanges
| Fact | BlackBull Markets | XTB |
|---|---|---|
| Taker fee | Not confirmed | 0% |
| Coins listed | Not confirmed | 45 |
| Fiat deposit methods | Not confirmed | Bank |
| Maker fee | Not confirmed | 0% |
| Withdrawal fee | Not confirmed | Free above 100 USD/EUR |
| Derivatives | Not confirmed | Yes |
| Exchange type | Not confirmed | Cex |
Savings
| Fact | BlackBull Markets | XTB |
|---|---|---|
| Headline rate | Not confirmed | 4% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Interest on uninvested funds, calculated daily and paid monthly within five days of month end, no minimum or maximum balance, withdraw any amount to your bank account |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | Easy access |
Where each stands against the rest
| Fact | BlackBull Markets | XTB | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €0below the median | €1.50 |
| Account fee | Not confirmed | €0at the median | €0 |
| Inactivity fee | Not confirmed | €10above the median | €2.45 |
| Retail accounts that lose money | Not confirmed | 77%highest quarter | 72.21% |
| Currency conversion fee | Not confirmed | 0.5%above the median | 0.4% |
Median across 77 listed providers.
Pros and cons
BlackBull Markets
Pros
- Access to more than 26,000 instruments across over 80 markets
- Client funds held in segregated accounts with security focus
- Strategy sharing with risk controls and subscriber criteria
Cons
- Institutional style setup may feel involved for occasional investors
- Forex and CFD focus limits appeal for buy and hold investors
- Partner led resources assume comfort with self directed trading
XTB
Pros
- The account fee is €0 and the stock trade fee is €0, which places XTB at 1 of 166 brands on the share dealing charge.
- The minimum deposit is €0, putting XTB at 1 of 218 brands on the amount needed to start.
- Deposit protection is FSCS up to GBP 85,000 and investor protection is EU ICS up to EUR 20,000, both stated with figures rather than vague wording.
Cons
- The inactivity fee is €10, and at 39 of 56 brands on that measure XTB sits well outside the free group.
- A currency conversion fee of 0.5% applies even though the stock trade fee is €0, which bites on any US share held in a euro or sterling account.
- Retail leverage runs to 1:30 and 77% of retail accounts lose money, so free dealing does not mean free from risk.
Who each suits
BlackBull Markets
Who it suits
- Active traders wanting wide forex and CFD coverage
- Strategy providers wanting to share systems with followers
- Affiliates and introducers wanting reporting and marketing resources
Who should look elsewhere
- Investors wanting simple long term share ownership
- Beginners wanting a basic savings style account
XTB
Who it suits
- Beginners new to investing, since the audience XTB is built for is beginners and the minimum deposit is €0.
- UK and EU customers who want stocks, etfs and forex behind a single login and who read FSCS up to GBP 85,000 before funding.
- People who want the same platform on desktop and phone, with xStation 5 and xStation Mobile both carrying the account.
Who should look elsewhere
- Not bunq, which asks for a minimum deposit of €10 where XTB opens at €0.
- Not CFI if the opening amount is your only guide, since its minimum deposit is also $0 and the real difference is markets and protection.
- Not Fiesta Credito MX, listed under CONDUSEF for credit rather than for trading stocks, etfs and forex.
Questions about each
BlackBull Markets
What instruments can be traded with BlackBull Markets'?+
BlackBull Markets' covers more than 26,000 instruments across more than 80 markets. Coverage includes forex, gold, silver, stocks, indices, commodities and crypto CFDs. The breadth supports active trading across multiple asset groups.
How is client money handled at BlackBull Markets'?+
BlackBull Markets' holds client funds in segregated accounts. Segregation keeps client balances separate within its arrangements. The approach prioritises flexibility alongside security for account holders.
XTB
What does it cost to hold an XTB account?+
The account fee is €0 and the monthly fee is £0, so there is no standing charge for keeping the account open. The recurring cost to watch is the inactivity fee of €10, which applies when an account is left unused. If you hold uninvested funds you also earn interest, calculated daily and paid monthly, with no minimum or maximum balance.
How much does it cost to buy shares on XTB?+
The stock trade fee is €0 and the account runs on a commission free and low fees model, so a share trade carries no commission. The charges that remain are the currency conversion fee of 0.5% when the trade currency and your account currency differ, and any spread built into the price. For an account holding US shares, that conversion fee is what turns a trade with a stock trade fee of €0 into a cost.
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