Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
BlackBull
$0.00Tightest Spreads
XM
From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard pipsHighest Leverage
BlackBull
1:Up to 1:500 (all accounts)Best Rated
BlackBull
Mobile Trading
Both
✓✓General Information
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
BlackBull
Regulation
FSA (Seychelles)
Founded
N/A
Headquarters
New Zealand
Overall Rating
Trading Conditions
| Feature | XM | BlackBull |
|---|---|---|
| Minimum Deposit | $5.00 | $0.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | From 0.8 pips (Standard, no commission); 0.1 pips (Prime); 0.0 pips raw (Institutional) |
| Maximum Leverage | Up to 1:1000 | Up to 1:500 (all accounts) |
| Commission | None | None |
Account Types
XM
BlackBull
Platforms & Tools
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
BlackBull
MetaTrader 4, MetaTrader 5, cTrader, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
BlackBull
Deposit Methods
Bank wire, credit/debit cards, Skrill, Neteller, crypto (BTC, USDT, etc.), local INR payments, Fasapay, UnionPay
Withdrawal Methods
Same as deposits; processed within 24 hours, $5 fee
Withdrawal Fee
None
Support
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
BlackBull
Support Languages
English, Spanish, Chinese, Malay, and 10+ others (24/7 multilingual support)
Support Channels
24/7 live chat, email, phone; highly rated for responsiveness
Account Manager
Available
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