BlackBull Markets and JustMarkets are online Forex and CFD brokers that offer trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. BlackBull Markets is regulated by two tier-1 jurisdictions, and one tier-4 jurisdictions including FMA, FSA -S, and FSPR. On the other hand, JustMarkets is regulated in one tier-1 jurisdictions, one tier-2 jurisdictions, and two tier-4 jurisdictions including CySEC, FSC, FSA -S, FSCA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare and contrast BlackBull Markets with JustMarkets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if BlackBull Markets is better than JustMarkets and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
BlackBull Markets
Founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman, BlackBull Markets is a forex and CFD broker that enables the trading of over 26,000 instruments, including forex, CFDs, real stocks, and ETFs. The available platforms are MT4, MT5, TradingView, cTrader, BlackBull Shares, and BlackBull Trade. Social trading is facilitated through BlackBull CopyTrader and ZuluTrade. Trading tools such as free VPS and Autochartist are provided.
Blackbull Markets Overview
- Founded In: 2014
- Founder: Michael Walker and Selwyn Loekman
- Trading Instruments: 26000+ trading instruments including Forex, Equities, Commodities (Energies, agriculture, and Metals), Futures, Indices
- Minimum Deposit: between $0 and $20,000 ( $0 for Standard, $2000 for Prime, $20,000 for Institutional Accounts)
- Maximum Leverage: upto 1:500
- Regulations: FMA ,FSA
- Trading platform: MT4,MT5, Ctrader, Tradingview
- Trading Tools: Trading Tools: VPS, Zulutrade, Myfxbook, Calculators,
- Trading Fees: starting from 0.8 pips spreads for Standard account, 0.1 pips spread+$4 per lot for Price account, Spreads 0.0 + $4 per lot for Institutional Account.
- Account Types: Standard, Prime, Institutional
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrency, FasaPay, Neteller, Skrill, UnionPay
- US Traders: Not Accepted
Just Markets
Founded in 2012, Just Markets is an online forex broker that offers forex and CFD trading facilities. Regulated by CySEC, FSC (Mauritius), and FSA (Seychelles), Just Markets provides a wide range of trading instruments, including Forex, CFDs, and Cryptocurrencies. The broker allows almost all trading styles, from scalping to EA Trading, Copy Trading, and news trading.
Just Markets offers multiple trading platforms such as MT4, MT5, and a mobile trader platform. For passive investors, Just Markets provides a “copy trading” platform. The broker offers leverage as high as 3000:1. Additionally, with floating spreads starting from 0 pips, Just Markets aims to provide competitive pricing for its clients. To learn more, you can read our review about Just Markets.
JustMarkets Overview
- Founded In: 2012
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Regulations: FSA, Cysec,FSCA,FSC
- Trading platform: MT4, MT5
- Account Types: Standard, Raw, Pro
- Payment Options: VISA, MasterCard, Airtm, Binance/Binance Pay, Bitcoin, Bitcoin Cash, Boleto, Dogecoin (DOGE), Ether/Ethereum, FasaPay, Litecoin, Local Bank Transfers, Neteller, PayRetailers, PerfectMoney, PromptPay, Ripple (XRP), Skrill, Tether (USDT)
- US Traders: Not Accept
BlackBull Markets vs : Just Markets Features
BlackBull Markets
- Trading Instruments: 26000+ trading instruments in 80 markets including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to 1:500
- Minimum Deposit: $0 for standard, $2000 for Prime, $20,000 for Institutional account
- Account Types: Offers 3 account types including ECN standard, ECN Prime, and ECN institutional.
- Fees: starting from 0.8 pips for a standard account, (0.1 pips + $6) per lot for an ECN Prime Account, and (0.0 Pips +$4) for an Institutional account.
- PAMM/ MAM: Yes,
- Zulutrade: Yes
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Just Markets
- Trading Instruments: A wide range of trading instruments including forex, commodities, stocks, indices, cryptos
- Maximum leverage: The maximum leverage of Just Markets is 3000:1. However, Leverage may vary from 1:1 to 3000:1 based on tradable assets and jurisdictions.
- Minimum Deposit: The minimum deposit of Justmarkets is $10 for the standard account, and $100 for the Pro and the Accounts
- Account Types: Three ( Standard, Pro, Raw Spread)
- Fees: Spread starts from 0.3 pips for the standard account, 0.1 pips for the pro account, and $3 per lot per side for the Raw Spread account.
- MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
BlackBull Markets vs Just Markets: Side By Side Comparison
BlackBull Markets vs Just Markets: Pros and Cons
BlackBull Markets Pros & Cons
- Regulated by FMA, FSPR, FSP, FSA-S
- Founded in New Zealand and operating globally
- Professional and Retail Trading options
- No Minimum Deposit Requirement ($0)
- The Maximum Leverage is as high as 1:500
- Allow Scalping, News Trading, EA/Robot Trading
- Offers Multiple Trading platforms including MT4, MT5, WebTrader, TradingView
- Supports multiple third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.
- BlackBull lacks additional Tier-1 regulatory licenses outside of New Zealand.
- $2,000 minimum deposit for Prime Account
- The Ctrader platform is not offered
- Withdrawal fees
- Limited Research Tools
- Not very diverse range of tradable assets
Just Markets Pros & Cons
- Regulated by CySEC, FSC, FSA-S
- The minimum deposit is as low as $1
- Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
- All strategies are allowed (Scalping, News trading, EA Trading)
- Negative balance protection;
- Multilingual support 24/7.
- MetaTrader 4/5 Offered
- Spreads from 0 pips
- 170+ trading instruments
- Not regulated by tire regulators like FCA, ASIC
- No passive investment program ( MAM, PAMM Accounts)
- US, UK, or Japan Traders are not accepted
- A small selection of trading instruments;
- Sometimes it takes time to receive a response from technical support;
- 3% withdrawal fees if you do not have any trading activities
BlackBull Markets Vs JustMarkets: Our Scores and Ratings
We rated both brokers, BlackBull Markets and JustMarkets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
BlackBull Markets:
JustMarkets
Final Verdict :
BlackBull Markets and JustMarkets are regulated forex and CFD brokers in the industry. They offer similar trading services including forex and CFD trading. They both allow scalping, hedging, EA trading and Copy trading. Neither of these brokers accept US Clients. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for BlackBull Markets is $0, whereas the minimum deposit for JustMarkets is $200. Additionally, the maximum leverage for the BlackBull Markets is 500:1. On the other hand, the maximum leverage for JustMarkets is 3000:1.
Our score for BlackBull Markets is 8.2, and for JustMarkets, it is 9. So, if you are looking for the most trusted forex brokers with tight spreads, you may choose BlackBull Markets. However, If you prefer a forex broker with a lower minimum deposit, higher leverage, and offering a similar trading service to BlackBull Markets, you may choose JustMarkets.
