A side by side comparison of Admirals (Admiral Markets) and BlackBull Markets on regulation, spreads, platforms, minimum deposit and our independent scores, so you can pick the right broker for how you trade.
Overall, BlackBull Markets scores higher in our review (79 vs 78 out of 100). BlackBull Markets has the lower minimum deposit, so it is easier to start with. Both are regulated by recognised authorities.
| Admirals (Admiral Markets) | BlackBull Markets | |
|---|---|---|
| MSP Score | 78/100 (B) | 79/100 (B) |
| Reputation score | 84/100 | 66/100 |
| Regulation | FCA, CySEC, EFSA | FMA, FSA |
| Founded | 2001 | 2014 |
| Headquarters | Tallinn, Estonia | Auckland, New Zealand |
| Platforms | MT4, MT5, TradingView, Admirals Platform | MT4, MT5, cTrader, TradingView |
| MetaTrader 5 (MSP-ready) | Yes | Yes |
| Minimum deposit | $100 | $0 |
| Typical EUR/USD spread | 0.1 pips | 0.1 pips |
| Execution | No dealing desk | ECN/STP |
| Products | CFD, Spread Betting, Invest / real shares | CFD, DMA, Invest / real shares |
| Min deposit currency funding | Card, Bank transfer, PayPal | Card, Bank transfer, Skrill |
One clear TRADE or NO-TRADE verdict on any MetaTrader 5 chart. Free 7-day trial, no card.
Start free trialFor the complete breakdown of each broker, including reputation and regulator notes, read our Admirals (Admiral Markets) review and our BlackBull Markets review. You can also visit Admirals (Admiral Markets) or BlackBull Markets directly.
BlackBull Markets scores higher overall in our review (79/100 vs 78/100), but the better choice depends on what you value. BlackBull Markets has a lower minimum deposit. Compare the full table above to pick the right one for you.
Both have similar headline spreads; the real cost depends on your account type and commission, so compare current pricing on each broker's site.
Yes, both offer MetaTrader 5, so MSP runs on either.
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