Broker comparison

BlackBull Markets vs.
JFD Brokers

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

BlackBull Markets has a higher rating of 4.1/5 compared to JFD Brokers (4/5). The minimum deposit is lower at BlackBull Markets with 0 $. JFD Brokers is BaFin-regulated, while BlackBull Markets is supervised by FMA NZ. JFD Brokers has been in the market since 2011, making it the more experienced provider. On spreads, BlackBull Markets offers EUR/USD from 0.0 pip (ECN Prime) + $6.00 per lot round turn, 0.8 pip (Standard), while JFD Brokers offers EUR/USD from 0.1 pip (Raw) + $6.00 per lot round turn.

ECN broker from New Zealand with institutional liquidity

Multi-asset broker with DMA access and transparent pricing

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, JFD Web
Product typesForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDsCFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs
Options tradingNoNo
Fee modelfrom 0.0 pips (ECN), commission from $6 per lotfrom 0.0 pips + commission from $3 per lot
Minimum deposit0 $500 €
RegulationFMA NZCySEC/BaFin
More informationDetailsDetails

Platforms

BlackBull Markets

MT4, MT5, cTrader, TradingView

JFD Brokers

MT4, MT5, JFD Web

Product types

BlackBull Markets

Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs

JFD Brokers

CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs

Options trading

BlackBull Markets

No

JFD Brokers

No

Fee model

BlackBull Markets

from 0.0 pips (ECN), commission from $6 per lot

JFD Brokers

from 0.0 pips + commission from $3 per lot

Minimum deposit

BlackBull Markets

0 $

JFD Brokers

500 €

Regulation

BlackBull Markets

FMA NZ

JFD Brokers

CySEC/BaFin

More information

BlackBull Markets

Details

JFD Brokers

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from 0.0 pips (ECN), commission from $6 per lot

Published fee
from 0.0 pips (ECN), commission from $6 per lot
Minimum deposit
0 $
Spread figure
EUR/USD from 0.0 pip (ECN Prime) + $6.00 per lot round turn, 0.8 pip (Standard)
See terms at provider

from 0.0 pips + commission from $3 per lot

Published fee
from 0.0 pips + commission from $3 per lot
Minimum deposit
500 €
Spread figure
EUR/USD from 0.1 pip (Raw) + $6.00 per lot round turn
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsIndicesCommoditiesStocks CFDsCrypto CFDs
CFDsForexStocksIndicesCommoditiesCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · cTrader · TradingView

BlackBull Markets offers MetaTrader 4, MetaTrader 5, cTrader, and TradingView as trading platforms. MT4/MT5 provide Expert Advisors and comprehensive charting tools. cTrader excels with a modern user interface and Level II market data. TradingView integration enables direct trading from the popular charting platform. All platforms support ECN execution.

Explore platform

MT4 · MT5 · JFD Web

JFD Brokers offers MetaTrader 4, MetaTrader 5, and its own JFD web platform. MT4 and MT5 provide comprehensive charting tools, Expert Advisors for automated trading, and a large library of technical indicators. The JFD web platform enables browser-based trading without installation. All platforms support the DMA/STP execution model.

Explore platform

Regulation & security

FMA NZ

Regulatory information

CySEC/BaFin

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

ECN broker from New Zealand with institutional liquidity

  • ECN execution with tight spreads from 0.0 pips
  • No minimum deposit required
  • TradingView integration
  • Regulation outside the EU (FMA NZ)
  • Commissions on ECN account relatively high

Multi-asset broker with DMA access and transparent pricing

  • DMA/STP execution without dealing desk
  • BaFin-registered and CySEC-regulated
  • Transparent fee structure
  • Minimum deposit of €500
  • Commission fees on top of spread

Find the broker that fits

BlackBull Markets oder JFD Brokers?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

BlackBull Markets4.1
  • ECN execution with tight spreads from 0.0 pips
  • No minimum deposit required
  • TradingView integration
JFD Brokers4.0
  • DMA/STP execution without dealing desk
  • BaFin-registered and CySEC-regulated
  • Transparent fee structure
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between BlackBull Markets and JFD Brokers?
BlackBull Markets: from 0.0 pips (ECN), commission from $6 per lot. JFD Brokers: from 0.0 pips + commission from $3 per lot. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: BlackBull Markets or JFD Brokers?
BlackBull Markets offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs. JFD Brokers offers CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs.
How are BlackBull Markets and JFD Brokers regulated?
The broker profiles list FMA NZ for BlackBull Markets and CySEC/BaFin for JFD Brokers. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is BlackBull Markets or JFD Brokers better for beginners?
BlackBull Markets lists a 0 $ minimum deposit and offers MT4, MT5, cTrader, TradingView. JFD Brokers lists 500 € and offers MT4, MT5, JFD Web. Compare usability, available products and costs for your intended use.
BlackBull Markets vs JFD Brokers: Which broker is better overall?
The choice between BlackBull Markets (4.1/5, 500 reviews) and JFD Brokers (4/5, 400 reviews) depends on your needs. BlackBull Markets: ECN broker from New Zealand with institutional liquidity. JFD Brokers: Multi-asset broker with DMA access and transparent pricing.
How do spreads compare between BlackBull Markets and JFD Brokers?
BlackBull Markets offers typical spreads of EUR/USD from 0.0 pip (ECN Prime) + $6.00 per lot round turn, 0.8 pip (Standard). JFD Brokers offers EUR/USD from 0.1 pip (Raw) + $6.00 per lot round turn. Tighter spreads reduce trading costs especially for active trading.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise