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BlackBull Markets vs XM

By · Facts re-checked (UTC)

Here is how BlackBull Markets and XM compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

BlackBull MarketsXM
RegulatorsFSA (Seychelles), FMA (NZ) / FSPRCySEC
Minimum depositNo minimum deposit (funding method minimums may apply)$5 (Standard and Ultra Low; XM Global)
Spreads from0.0 pips (ECN Prime); 0.8 pips (ECN Standard)–
CommissionECN Prime: US$3 per lot per side; ECN Standard: $0–
Max leverage1:500 on forex and metals (BBG Limited)–
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, BlackBull CopyTrader–

Full reviews: BlackBull Markets review · XM review

Frequently asked questions

What is the minimum deposit at BlackBull Markets and XM?

BlackBull Markets: No minimum deposit (funding method minimums may apply). XM: $5 (Standard and Ultra Low; XM Global).

Are BlackBull Markets and XM regulated?

BlackBull Markets: FSA (Seychelles), FMA (NZ) / FSPR. XM: CySEC.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more

BlackBull Markets vs XM 2026: Fees & Withdrawals | The Forex Bridge