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BlackBull vs SP MARKETS

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick BlackBull leads on safety — winning 2 of 3 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
BlackBull Forex
22/100 risk
🇳🇿 New Zealand
Read review →
SP MARKETS Forex
38/100 risk
🇳🇿 New Zealand
Read review →
Safety & Trust
Scam-risk score lower = safer
22
38
Verdict
Low risk
Guarded
Regulated
Yes
Yes
Licenses
3
1
Tier-1 regulators
0
0
Trustpilot score
4.7
Reviews collected
3438
Exit risk lower = safer
Guarded
Known clones
1
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$200
Max leverage
1:500
Min spread (best acct)
from 0.2
Commission
Cost grade
Account types
3
0
Best for
Suits
Traders who prioritize responsive customer support, Traders who prefer straightforward platform experience, Traders who are comfortable with STP execution model and don't require instant withdrawals
Traders comfortable with unregulated environments, Those willing to accept elevated counterparty risk
Not for
Traders who require instant or fast withdrawals, Traders who trade highly volatile markets, Traders wary of complex bonus conditions
Risk-averse traders, Traders requiring strong regulatory protection, Beginners seeking a safe trading environment
Products & Funding
Instruments
--
Deposit methods
Bank, Transfer, MASTER, VISA, Skrill
Withdrawal
Neteller, Skrill, MASTER, VISA
Execution
Speed
Slippage
Swap cost
Company
Founded
2018-01-11
2018-03-02
Headquarters
🇳🇿 New Zealand
🇳🇿 New Zealand
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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