Admirals vs BlackBull Markets
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Quick Verdict
Admirals scores higher overall at 8.4/10 vs 8.3/10.
Score Comparison
Trading Conditions
| Condition | Admirals | BlackBull Markets |
|---|---|---|
| Min Deposit | €25 | None |
| EUR/USD Spread | 0.0 pips (Zero), 0.5 pips (Trade) | 0.0 pips (ECN Prime), 0.8 pips (Standard) |
| Commission | $3.00 per lot per side (Zero), None (Trade) | $3.00 per lot per side (ECN Prime), None (Standard) |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 500:1 | 500:1 |
| Swap-Free | Yes | Yes |
| Withdrawal Fee | Free (2 per month, then EUR 1) | Free |
Platform Comparison
Admirals Platforms
- MetaTrader 4
- MetaTrader 5
- MetaTrader Supreme Edition
- SteamTrader
Trade.MT4, Trade.MT5, Zero.MT4, Zero.MT5, Invest.MT5
BlackBull Markets Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
Standard, ECN Prime, ECN Institutional
Regulation & Safety
Admirals Regulation
ICF up to EUR 20,000
BlackBull Markets Regulation
No EU compensation scheme (NZ-regulated)
Overall Verdict
Admirals takes the overall win with a score of 8.4 vs 8.3, winning 3 out of 7 individual categories compared to BlackBull Markets's 3.
In terms of costs, though BlackBull Markets edges ahead on fees. On the regulatory front, Admirals and offers stronger regulatory protection.
Choose Admirals if you prioritise its strengths in the categories where it leads. Choose BlackBull Markets if you value the specific areas where it scores higher, such as fees & costs, platforms, and more.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.