Broker comparison

BlackBull Markets vs.
RoboForex

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 RoboForex (4/5). The minimum deposit is lower at BlackBull Markets with 0 $. RoboForex has been in the market since 2009, 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 RoboForex offers EUR/USD from 0.0 pip (ECN/Pro) + $2.00 per lot per side, 1.3 pip (Standard). BlackBull Markets charges no inactivity fee, while the other does.

ECN broker from New Zealand with institutional liquidity

Forex and CFD broker with eight account types and high leverage

At a glance

The key differences

Criterion
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, cTrader, R StocksTrader
Product typesForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDsForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs
Options tradingNoNo
Fee modelfrom 0.0 pips (ECN), commission from $6 per lotfrom 0.0 pips (ECN), commission from $4 per lot
Minimum deposit0 $10 $
RegulationFMA NZFSC
More informationDetailsDetails

Platforms

BlackBull Markets

MT4, MT5, cTrader, TradingView

RoboForex

MT4, MT5, cTrader, R StocksTrader

Product types

BlackBull Markets

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

RoboForex

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

Options trading

BlackBull Markets

No

RoboForex

No

Fee model

BlackBull Markets

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

RoboForex

from 0.0 pips (ECN), commission from $4 per lot

Minimum deposit

BlackBull Markets

0 $

RoboForex

10 $

Regulation

BlackBull Markets

FMA NZ

RoboForex

FSC

More information

BlackBull Markets

Details

RoboForex

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), commission from $4 per lot

Published fee
from 0.0 pips (ECN), commission from $4 per lot
Minimum deposit
10 $
Inactivity
$10/month after 90 days of inactivity
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
ForexCFDsIndicesCommoditiesStocks CFDsCrypto 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 · cTrader · R StocksTrader

RoboForex offers four trading platforms: MetaTrader 4, MetaTrader 5, cTrader, and the proprietary R StocksTrader. MT4/MT5 provide classic charting tools and Expert Advisors. cTrader excels with a modern interface and Level II quotes. R StocksTrader is specifically designed for stock CFD trading. All platforms are available as desktop, web, and mobile.

Explore platform

Regulation & security

FMA NZ

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

Forex and CFD broker with eight account types and high leverage

  • Very low minimum deposit ($10)
  • Diverse account types for different strategies
  • cTrader and MT4/MT5 available
  • Offshore regulation (FSC Belize)
  • Not for EU clients with full protection

Find the broker that fits

BlackBull Markets oder RoboForex?

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
RoboForex4.0
  • Very low minimum deposit ($10)
  • Diverse account types for different strategies
  • cTrader and MT4/MT5 available
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 RoboForex?
BlackBull Markets: from 0.0 pips (ECN), commission from $6 per lot. RoboForex: from 0.0 pips (ECN), commission from $4 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 RoboForex?
BlackBull Markets offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs. RoboForex offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs.
How are BlackBull Markets and RoboForex regulated?
The broker profiles list FMA NZ for BlackBull Markets and FSC for RoboForex. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is BlackBull Markets or RoboForex better for beginners?
BlackBull Markets lists a 0 $ minimum deposit and offers MT4, MT5, cTrader, TradingView. RoboForex lists 10 $ and offers MT4, MT5, cTrader, R StocksTrader. Compare usability, available products and costs for your intended use.
BlackBull Markets vs RoboForex: Which broker is better overall?
The choice between BlackBull Markets (4.1/5, 500 reviews) and RoboForex (4/5, 700 reviews) depends on your needs. BlackBull Markets: ECN broker from New Zealand with institutional liquidity. RoboForex: Forex and CFD broker with eight account types and high leverage.
How do spreads compare between BlackBull Markets and RoboForex?
BlackBull Markets offers typical spreads of EUR/USD from 0.0 pip (ECN Prime) + $6.00 per lot round turn, 0.8 pip (Standard). RoboForex offers EUR/USD from 0.0 pip (ECN/Pro) + $2.00 per lot per side, 1.3 pip (Standard). Tighter spreads reduce trading costs especially for active trading.
Do BlackBull Markets or RoboForex charge an inactivity fee?
BlackBull Markets: no inactivity fee. RoboForex: $10/month after 90 days of inactivity.

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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