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BlackBull Markets vs IG 2026

A detailed head-to-head comparison of BlackBull Markets and IG across regulation, trading costs, platforms, and more.

BlackBull Markets logo - BrokerAudit
BlackBull Markets

Est. 2014 · Auckland, New Zealand

FMA
75.5/100
Good
IG logo - BrokerAudit
IG

Est. 1974 · London, United Kingdom

FCAASICBaFin
83.7/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
BlackBull MarketsIG

Category-by-Category Winner

Category
BlackBull Markets
IG
Regulation & Trust
70
98
Trading Costs
82
75
Platforms & Tools
82
82
Account Conditions
78
72
Deposit & Withdrawal
75
80
Customer Support
72
82
Education & Research
68
85
Overall Score
75.5
83.7

Detailed Comparison

Overview

Year Founded
2014
1974
Headquarters
Auckland, New Zealand
London, United Kingdom
Publicly Listed
Top Regulators
FMA
FCA, ASIC, BaFin
Total Instruments
26,000
17,000

Trading Costs

EUR/USD Spread
0.16 pips
0.60 pips
GBP/USD Spread
0.60 pips
0.90 pips
USD/JPY Spread
0.28 pips
0.70 pips
Min. Deposit
$0
$0
Commission/Lot
$6.00
None
Inactivity Fee
None
$12/month after 24 months

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
64
80
CFD Stocks
20,000
12,000
Indices
40
40
Commodities
20
35
Crypto CFDs
50
11

BlackBull Markets vs IG: Our Analysis

Overall Verdict

With an overall score of 83.7/100 vs 75.5/100, IG edges out BlackBull Markets by 8.2 points. This moderate gap suggests IG has an edge in several key areas.

Trading Costs

On the EUR/USD pair, BlackBull Markets offers an average spread of 0.16 pips with a $6.00 round-turn commission, while IG comes in at 0.60 pips commission-free. BlackBull Markets offers tighter pricing on EUR/USD. Minimum deposit is $0 at BlackBull Markets and $0 at IG.

Regulation & Safety

BlackBull Markets holds 2 regulatory licenses with a highest tier of Tier 2 (FMA), while IG has 6 licenses at Tier 1 (FCA, ASIC, BaFin). IG has stronger top-tier regulation.

Platform Comparison

BlackBull Markets offers MT4, MT5, cTrader, TradingView, BlackBull CopyTrader — uniquely offering MT5, cTrader, TradingView, BlackBull CopyTrader which IG does not have. IG supports MT4, IG Trading Platform, with exclusive access to IG Trading Platform. BlackBull Markets provides a wider platform selection.

Who Should Choose Which?

BlackBull Markets suits cost-conscious traders, traders wanting a wide instrument range, while IG is better for beginners seeking education, traders who prioritize safety. If copy trading matters, BlackBull Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, IG scores higher overall at 83.7/100 compared to BlackBull Markets's 75.5/100. However, "better" depends on your priorities — BlackBull Markets may be superior in specific categories like trading costs.

BlackBull Markets offers tighter spreads with an average EUR/USD spread of 0.16 pips, compared to 0.60 pips at IG. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

IG scores higher for regulation and trust at 98/100, holding licenses from FCA, ASIC, BaFin. BlackBull Markets scores 70/100 with FMA.

For beginners, IG is the stronger choice with an education and research score of 85/100. It offers structured trading courses, webinars, and a free demo account. BlackBull Markets scores 68/100 for education.

Yes, there is no restriction on having accounts with both BlackBull Markets and IG simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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