BlackBull Markets vs IC Markets
A side-by-side look at the accounts, costs and platforms documented in our accepted evidence. Conditions belong to the account and legal entity shown; they are not a promise of availability to every reader.
First published · Updated · Revision 2
What the evidence shows
Start with these documented points, then read the scope beside each value. A missing fact means we have not verified it; it does not mean the broker lacks that feature.
| Broker | Documented topics | Not verified in this comparison |
|---|---|---|
| BlackBull Markets profile | Legal entity & regulation; Accounts & deposits; Costs; Leverage; Platforms | Other documented facts |
| IC Markets profile | Legal entity & regulation; Accounts & deposits; Costs; Leverage; Platforms | Other documented facts |
These brokers appear together because the published comparison passed the shared-evidence checks. That establishes enough material for research, not equivalent accounts or a reason to prefer one broker. Start with the scoped examples below, then check the full evidence before comparing prices.
- BlackBull Markets: Legal entity named on the source — Black Bull Group Limited.Account: not stated; entity: not stated; jurisdiction: New Zealand.Accepted fact #1814
- BlackBull Markets: Minimum deposit — 0 USD.Account: ECN Standard; entity: not stated; jurisdiction: not stated.Accepted fact #1792
- BlackBull Markets: Trading commission — 3.00 USD.Account: Raw; entity: not stated; jurisdiction: not stated; basis: per side.Accepted fact #411
- IC Markets: Legal entity named on the source — Raw Trading Ltd.Account: not stated; entity: Raw Trading Ltd; jurisdiction: Seychelles Financial Services Authority (FSA).Accepted fact #1600
- IC Markets: EUR/USD spread — 0.1 pips.Account: Raw Spread; entity: not stated; jurisdiction: not stated; instrument: EUR/USD; basis: average.Accepted fact #507
- IC Markets: Trading commission — 3.0 USD.Account: cTrader; entity: not stated; jurisdiction: not stated; volume: USD 100k; platform: cTrader, TradingView.Accepted fact #1595
At a glance
Values are shown as recorded. Different accounts, companies, currencies or measurement bases are separate observations, not interchangeable quotes.
Show all documented values by research question
| Research question | BlackBull Markets | IC Markets |
|---|---|---|
| Legal entity named on the source |
|
|
| Account type |
|
|
| Minimum deposit |
| Not verified |
| Minimum lot size | Not verified | |
| Islamic (swap-free) account | Not verified | |
| Trading commission |
|
|
| Maximum leverage |
|
|
| MetaTrader 4 |
| |
| MetaTrader 5 |
| |
| cTrader | Not verified | |
| TradingView |
| |
| Demo account | Not verified |
|
| EUR/USD spread | Not verified | |
| Copy trading | Not verified |
|
Legal entity & regulation
A company named on a broker website is a disclosure, not independent proof of authorization. Consult each profile for separately verified register records. Protection and eligibility depend on the specific entity and client class.
BlackBull Markets
- Legal entity named on the source: Black Bull Group LimitedAccount: not stated; entity: not stated; jurisdiction: New ZealandEvidence #1814
- Legal entity named on the source: BBG LimitedAccount: not stated; entity: not stated; jurisdiction: SeychellesEvidence #1815
- Legal entity named on the source: Black Bull Trade LimitedAccount: not stated; entity: not stated; jurisdiction: New ZealandEvidence #1816
IC Markets
- Legal entity named on the source: Raw Trading LtdAccount: not stated; entity: Raw Trading Ltd; jurisdiction: Seychelles Financial Services Authority (FSA)Evidence #1600
- Legal entity named on the source: IC Markets (EU) LtdAccount: not stated; entity: IC Markets (EU) Ltd; jurisdiction: Cyprus Securities and Exchange Commission (CySEC)Evidence #1601
Accounts & deposits
BlackBull Markets
- Account type: ProAccount: Pro; entity: not stated; jurisdiction: not statedEvidence #710
- Account type: ECN StandardAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #1787
- Account type: ECN PrimeAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #1788
- Account type: Prime+Account: not stated; entity: not stated; jurisdiction: not statedEvidence #1789
- Account type: StandardAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #1790
- Account type: RawAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #1791
- Minimum deposit: 0 USDAccount: ECN Standard; entity: not stated; jurisdiction: not statedEvidence #1792
- Minimum deposit: 0 USDAccount: ECN Prime; entity: not stated; jurisdiction: not statedEvidence #1793
- Minimum deposit: 0 USDAccount: Prime+; entity: not stated; jurisdiction: not statedEvidence #1794
- Minimum deposit: 50 USDAccount: Standard; entity: not stated; jurisdiction: not statedEvidence #1795
- Minimum deposit: 100 USDAccount: Raw; entity: not stated; jurisdiction: not statedEvidence #1796
- Minimum deposit: 500 USDAccount: Pro; entity: not stated; jurisdiction: not statedEvidence #1797
- Minimum lot size: 0.01 lotsAccount: Standard; entity: not stated; jurisdiction: not statedEvidence #1801
- Minimum lot size: 0.01 lotsAccount: Raw; entity: not stated; jurisdiction: not statedEvidence #1802
- Minimum lot size: 0.01 lotsAccount: Pro; entity: not stated; jurisdiction: not statedEvidence #1803
- Islamic (swap-free) account: YesAccount: Prime+; entity: not stated; jurisdiction: not statedEvidence #392
- Islamic (swap-free) account: YesAccount: Standard; entity: not stated; jurisdiction: not statedEvidence #393
- Islamic (swap-free) account: YesAccount: Raw; entity: not stated; jurisdiction: not statedEvidence #394
- Islamic (swap-free) account: YesAccount: Pro; entity: not stated; jurisdiction: not statedEvidence #395
IC Markets
- Account type: Raw Pro +Account: Raw Pro +; entity: not stated; jurisdiction: not statedEvidence #483
- Account type: Raw ProAccount: Raw Pro; entity: not stated; jurisdiction: not statedEvidence #484
- Account type: Raw SpreadAccount: Raw Spread; entity: not stated; jurisdiction: not statedEvidence #485
- Account type: StandardAccount: Standard; entity: not stated; jurisdiction: not statedEvidence #487
- Account type: cTraderAccount: Account cTrader; entity: not stated; jurisdiction: not statedEvidence #517
- Demo account: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #497
Costs
An advertised minimum spread is not a typical trading cost. Commission figures require currency, volume and side basis. We do not sum or rank these values when their assumptions differ.
BlackBull Markets
- Trading commission: 3.00 USDAccount: Raw; entity: not stated; jurisdiction: not stated; basis: per sideEvidence #411
IC Markets
- EUR/USD spread: 0.1 pipsAccount: Raw Spread; entity: not stated; jurisdiction: not stated; instrument: EUR/USD; basis: averageEvidence #507
- EUR/USD spread: 0.1 pipsAccount: Raw Pro +; entity: not stated; jurisdiction: not stated; instrument: EUR/USD; basis: averageEvidence #1596
- Trading commission: 3.0 USDAccount: cTrader; entity: not stated; jurisdiction: not stated; volume: USD 100k; platform: cTrader, TradingViewEvidence #1595
Leverage
Leverage conditions apply only to their stated scope. A higher limit increases possible exposure and is not a measure of broker quality.
BlackBull Markets
- Maximum leverage: 1:500Account: ECN Standard; entity: not stated; jurisdiction: not statedEvidence #1804
- Maximum leverage: 1:500Account: ECN Prime; entity: not stated; jurisdiction: not statedEvidence #1805
- Maximum leverage: 1:500Account: Prime+; entity: not stated; jurisdiction: not statedEvidence #1806
- Maximum leverage: 1:500Account: Standard; entity: not stated; jurisdiction: not statedEvidence #1807
- Maximum leverage: 1:500Account: Raw; entity: not stated; jurisdiction: not statedEvidence #1808
- Maximum leverage: 1:500Account: Pro; entity: not stated; jurisdiction: not statedEvidence #1809
IC Markets
- Maximum leverage: 1:5000Account: Raw Pro +; entity: not stated; jurisdiction: not stated; platform: MetaTraderEvidence #665
- Maximum leverage: 1:5000Account: Raw Pro; entity: not stated; jurisdiction: not stated; platform: MetaTraderEvidence #666
- Maximum leverage: 1:5000Account: Raw Spread; entity: not stated; jurisdiction: not stated; platform: MetaTraderEvidence #667
- Maximum leverage: 1:1000Account: cTrader; entity: not stated; jurisdiction: not stated; platform: cTrader, TradingViewEvidence #668
- Maximum leverage: 1:5000Account: Standard; entity: not stated; jurisdiction: not stated; platform: MetaTraderEvidence #669
Platforms
Platform support can vary by account, entity and region. Chart availability does not establish direct brokerage integration.
BlackBull Markets
- MetaTrader 4: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #397
- MetaTrader 4: YesAccount: not stated; entity: not stated; jurisdiction: not stated; platform: MT4Evidence #714
- MetaTrader 5: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #398
- MetaTrader 5: YesAccount: not stated; entity: not stated; jurisdiction: not stated; platform: MT5Evidence #715
- cTrader: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #399
- cTrader: YesAccount: not stated; entity: not stated; jurisdiction: not stated; platform: cTraderEvidence #716
- TradingView: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #396
- TradingView: YesAccount: not stated; entity: not stated; jurisdiction: not stated; platform: TradingViewEvidence #717
IC Markets
- MetaTrader 4: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #510
- MetaTrader 5: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #511
- TradingView: YesAccount: cTrader; entity: not stated; jurisdiction: not stated; platform: TradingViewEvidence #679
- Copy trading: YesAccount: not stated; entity: not stated; jurisdiction: not statedEvidence #303
Other documented facts
BlackBull Markets
Not verified in the accepted evidence for this comparison.
IC Markets
Not verified in the accepted evidence for this comparison.
Differences and limitations
The table records differences in the published evidence, not a test of execution, service quality or suitability. A number quoted for one account or entity should not be applied to another. Read the latest official terms before opening an account.
- Minimum deposit: not verified for IC Markets. The gap prevents a complete comparison of this field.
- Minimum lot size: not verified for IC Markets. The gap prevents a complete comparison of this field.
- Islamic (swap-free) account: not verified for IC Markets. The gap prevents a complete comparison of this field.
- cTrader: not verified for IC Markets. The gap prevents a complete comparison of this field.
- Demo account: not verified for BlackBull Markets. The gap prevents a complete comparison of this field.
- EUR/USD spread: not verified for BlackBull Markets. The gap prevents a complete comparison of this field.
- Copy trading: not verified for BlackBull Markets. The gap prevents a complete comparison of this field.
Funding, withdrawals and other charges
Deposit and withdrawal methods, processing times, payment-provider charges, inactivity fees and overnight financing are not established by the facts displayed here. Do not read an absent fee as zero.
No overall winner is assigned. The right questions depend on your jurisdiction, the company serving you, the account and the instruments you intend to trade. This is information, not financial advice.
Questions before choosing an account
Which broker is cheaper?
This article does not establish a universal cheapest broker. Compare spreads only with the same instrument and measurement basis, then check commission currency, volume, side basis and financing. Use our spread cost calculator and pip value calculator only with compatible inputs and explicit assumptions.
Does a missing value mean the feature is unavailable?
No. “Not verified” describes our evidence gap. Follow the broker profile and the linked official source to investigate it.
Which legal entity would serve me?
The company named beside a fact defines its documented scope. Your contracting company and protections require separate confirmation for your residence and client classification. This comparison does not establish global eligibility.
How is this comparison maintained?
An automated worker reviews one randomly selected two- or three-broker combination every four hours. New comparisons need sufficient shared evidence. Existing articles are checked for useful improvements; unchanged inputs do not trigger another AI generation. Updates appear only after evidence and publication checks pass. This schedule is not a promise that every article is updated every four hours.
Sources and accepted evidence
Each card identifies the exact accepted fact used above. Source observation, effective, verification and expiry dates have separate meanings. Article update time records a material content change; source observation and verification times are separate.
BlackBull Markets profile
Black Bull Group Limited
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: New Zealand
- Instrument: Not stated on source
BBG Limited
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Seychelles
- Instrument: Not stated on source
Black Bull Trade Limited
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: New Zealand
- Instrument: Not stated on source
Pro
- Entity: Not stated on source
- Account: Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
ECN Standard
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
ECN Prime
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Prime+
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Standard
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Raw
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0 USD
- Entity: Not stated on source
- Account: ECN Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0 USD
- Entity: Not stated on source
- Account: ECN Prime
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0 USD
- Entity: Not stated on source
- Account: Prime+
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
50 USD
- Entity: Not stated on source
- Account: Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
100 USD
- Entity: Not stated on source
- Account: Raw
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
500 USD
- Entity: Not stated on source
- Account: Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0.01 lots
- Entity: Not stated on source
- Account: Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0.01 lots
- Entity: Not stated on source
- Account: Raw
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0.01 lots
- Entity: Not stated on source
- Account: Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Prime+
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Raw
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
3.00 USD
- Entity: Not stated on source
- Account: Raw
- Basis: per side
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: ECN Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: ECN Prime
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: Prime+
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: Raw
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:500
- Entity: Not stated on source
- Account: Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Platform: MT4
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Platform: MT5
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Platform: cTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Platform: TradingView
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
IC Markets profile
Raw Trading Ltd
- Entity: Raw Trading Ltd
- Account: Not stated on source
- Jurisdiction: Seychelles Financial Services Authority (FSA)
- Instrument: Not stated on source
IC Markets (EU) Ltd
- Entity: IC Markets (EU) Ltd
- Account: Not stated on source
- Jurisdiction: Cyprus Securities and Exchange Commission (CySEC)
- Instrument: Not stated on source
Raw Pro +
- Entity: Not stated on source
- Account: Raw Pro +
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Raw Pro
- Entity: Not stated on source
- Account: Raw Pro
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Raw Spread
- Entity: Not stated on source
- Account: Raw Spread
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Standard
- Entity: Not stated on source
- Account: Standard
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
cTrader
- Entity: Not stated on source
- Account: Account cTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
0.1 pips
- Entity: Not stated on source
- Account: Raw Spread
- Basis: average
- Jurisdiction: Not stated on source
- Instrument: EUR/USD
0.1 pips
- Entity: Not stated on source
- Account: Raw Pro +
- Basis: average
- Jurisdiction: Not stated on source
- Instrument: EUR/USD
3.0 USD
- Entity: Not stated on source
- Account: cTrader
- Platform: cTrader, TradingView
- Volume: per USD 100k
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:5000
- Entity: Not stated on source
- Account: Raw Pro +
- Platform: MetaTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:5000
- Entity: Not stated on source
- Account: Raw Pro
- Platform: MetaTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:5000
- Entity: Not stated on source
- Account: Raw Spread
- Platform: MetaTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:1000
- Entity: Not stated on source
- Account: cTrader
- Platform: cTrader, TradingView
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
1:5000
- Entity: Not stated on source
- Account: Standard
- Platform: MetaTrader
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: cTrader
- Platform: TradingView
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
Yes
- Entity: Not stated on source
- Account: Not stated on source
- Jurisdiction: Not stated on source
- Instrument: Not stated on source
AI-assisted organization; factual wording and citations are built from accepted evidence. Read our methodology, affiliate disclosure or request a correction.