Broker comparison

BlackBull Markets vs.
MultiBank Group

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 MultiBank Group (4/5). The minimum deposit is lower at BlackBull Markets with 0 $. MultiBank Group has been in the market since 2005, making it the more experienced provider.

ECN broker from New Zealand with institutional liquidity

Multi-regulated Forex broker with institutional infrastructure

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, MultiBank Pro
Product typesForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDsForex, CFDs, Indices, Commodities, Metals, Crypto CFDs
Options tradingNoNo
Fee modelfrom 0.0 pips (ECN), commission from $6 per lotfrom 0.0 pips (ECN Pro), commission from $3 per lot
Minimum deposit0 $50 $
RegulationFMA NZVarious
More informationDetailsDetails

Platforms

BlackBull Markets

MT4, MT5, cTrader, TradingView

MultiBank Group

MT4, MT5, MultiBank Pro

Product types

BlackBull Markets

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

MultiBank Group

Forex, CFDs, Indices, Commodities, Metals, Crypto CFDs

Options trading

BlackBull Markets

No

MultiBank Group

No

Fee model

BlackBull Markets

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

MultiBank Group

from 0.0 pips (ECN Pro), commission from $3 per lot

Minimum deposit

BlackBull Markets

0 $

MultiBank Group

50 $

Regulation

BlackBull Markets

FMA NZ

MultiBank Group

Various

More information

BlackBull Markets

Details

MultiBank Group

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 (ECN Pro), commission from $3 per lot

Published fee
from 0.0 pips (ECN Pro), commission from $3 per lot
Minimum deposit
50 $
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
ForexCFDsIndicesCommoditiesMetalsCrypto 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 · MultiBank Pro

MultiBank Group offers MetaTrader 4, MetaTrader 5, and the proprietary MultiBank Pro platform. MT4/MT5 provide the familiar Expert Advisors, charting tools, and various order types. MultiBank Pro is a proprietary platform with modern design, advanced analysis tools, and an integrated social trading feature. All platforms are available as desktop and mobile.

Explore platform

Regulation & security

FMA NZ

Regulatory information

Various

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-regulated Forex broker with institutional infrastructure

  • Multi-regulated in multiple jurisdictions
  • ECN execution with tight spreads
  • Large institutional liquidity
  • Complex regulatory structure
  • Platform less known in Europe

Find the broker that fits

BlackBull Markets oder MultiBank Group?

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
MultiBank Group4.0
  • Multi-regulated in multiple jurisdictions
  • ECN execution with tight spreads
  • Large institutional liquidity
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between BlackBull Markets and MultiBank Group?
BlackBull Markets: from 0.0 pips (ECN), commission from $6 per lot. MultiBank Group: from 0.0 pips (ECN Pro), 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 MultiBank Group?
BlackBull Markets offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs. MultiBank Group offers Forex, CFDs, Indices, Commodities, Metals, Crypto CFDs.
How are BlackBull Markets and MultiBank Group regulated?
The broker profiles list FMA NZ for BlackBull Markets and Various for MultiBank Group. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is BlackBull Markets or MultiBank Group better for beginners?
BlackBull Markets lists a 0 $ minimum deposit and offers MT4, MT5, cTrader, TradingView. MultiBank Group lists 50 $ and offers MT4, MT5, MultiBank Pro. Compare usability, available products and costs for your intended use.
BlackBull Markets vs MultiBank Group: Which broker is better overall?
The choice between BlackBull Markets (4.1/5, 500 reviews) and MultiBank Group (4/5, 450 reviews) depends on your needs. BlackBull Markets: ECN broker from New Zealand with institutional liquidity. MultiBank Group: Multi-regulated Forex broker with institutional infrastructure.

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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