BlackBull Markets vs eToro: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeBlackBull MarketseToro
Licence Score45Moderate74Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record24
1 FCA United Kingdom —Licensed · FRN 583263
1 ASIC Australia —Licensed
2 CySEC Cyprus —Licensed
2 FMA (NZ) New Zealand Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20142007
HeadquartersNew ZealandIsrael
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNASDAQ:ETOR
PlatformsMT4, MT5, cTrader, TradingViewProprietary
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is BlackBull Markets or eToro better regulated?

eToro has the higher Licence Score (74 vs 45), based on the number and tier of licences, operating history and public listing.

Which regulators license both BlackBull Markets and eToro?

Both are matched to licences from FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.