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Trusted by traders•30 brokers compared•Independent since 2024•Last reviewed September 2026

BlackBull Markets vs eToro

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

Last updated: 29 May 2026

Tier-1 regulated only. We only list brokers regulated by FCA, CySEC, BaFin, ASIC, or equivalent tier-1 regulators.

BM
BlackBull Markets
Est. 2014 · Auckland, New Zealand
8.7
VS
e
eToro
Est. 2007 · Tel Aviv, Israel
8.5

CFD risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs.

Quick Verdict

BlackBull Markets
4 categories won
Tied
0 categories
eToro
3 categories won

BlackBull Markets scores higher overall at 8.7/10 vs 8.5/10.

Score Comparison

OverallBlackBull Markets wins
BlackBull Markets8.7
eToro8.5
Fees & CostsBlackBull Markets wins
BlackBull Markets9.0
eToro7.5
PlatformsBlackBull Markets wins
BlackBull Markets8.8
eToro8.5
RegulationeToro wins
BlackBull Markets7.8
eToro9.3
ExecutionBlackBull Markets wins
BlackBull Markets9.2
eToro7.8
SupportBlackBull Markets wins
BlackBull Markets8.3
eToro8.0
EducationeToro wins
BlackBull Markets7.0
eToro8.5
InstrumentseToro wins
BlackBull Markets8.5
eToro9.2

Trading Conditions

ConditionBlackBull MarketseToro
Min DepositNone$50
EUR/USD Spread0.0 pips (ECN Prime), 0.8 pips (ECN Standard)From 0.57 pips (0.005% of price at EUR/USD 1.14)
Commission$3.00 per lot per side (ECN Prime), None (ECN Standard)None (spread-only)
Leverage (Retail)Not offered to EU/UK residentsUp to 1:30
Leverage (Pro)500:1400:1
Swap-FreeYesNo
Withdrawal FeeFree$5 per withdrawal

Platform Comparison

BlackBull Markets Platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Account Types:

ECN Standard, ECN Prime, Prime+

eToro Platforms

  • eToro Platform
  • eToro App
Account Types:

Retail, Professional, Corporate

Regulation & Safety

BlackBull Markets Regulation

FMANew ZealandFSASeychelles
ESMA CompliantNo
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

None at EU/UK level — BlackBull holds no EU, EEA or UK licence and does not offer its services to EU or UK residents; retail service runs through its FMA (New Zealand) and FSA (Seychelles) entities, outside EU/UK investor-compensation schemes

eToro Regulation

CySECCyprus
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

Overall Verdict

WinnerBlackBull Markets8.7

BlackBull Markets takes the overall win with a score of 8.7 vs 8.5, winning 4 out of 7 individual categories compared to eToro's 3.

In terms of costs, BlackBull Markets also leads on fees. On the regulatory front, BlackBull Markets though eToro has a regulatory edge.

Choose BlackBull Markets if you prioritise its strengths in the categories where it leads. Choose eToro if you value the specific areas where it scores higher, such as regulation, education, and more.

This broker does not accept new clients from your region
BlackBull Markets Full RevieweToro Full Review

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.