Head-to-Head Comparison

Alpari vs Black Bull

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Alpari logo

Alpari

SVGFSA
Est. 1998
VS
Score
3:2
Black Bull logo

Black Bull

FMA
Est. 2014

Quick Summary

Alpari (established 1998) and Black Bull (established 2014) are both regulated forex and CFD brokers. Alpari offers tighter spreads starting from 0 pips, compared to Black Bull's 0.1 pips. Both brokers offer similar maximum leverage of 1000:1. Alpari has a lower minimum deposit requirement of $5.

Trading Conditions

Feature
Alpari
Black Bull
Min. Spread
0 pips
0.1 pips
Min. Deposit
$5
$0
Max Leverage
1000:1
500:1
Execution
Market Maker|ECN
ECN|NDD
Instruments
250+
26000+
Founded
1998
2014
Headquarters
Saint Vincent and the Grenadines
New Zealand

Regulation & Licensing

Alpari logo
Alpari

SVGFSA(20389 IBC 2012)
Saint Vincent and the Grenadines

Black Bull logo
Black Bull

FMA(FSP403326)
New Zealand
FSA(SD045)
Seychelles

Platforms & Features

Feature
Alpari
Black Bull
Platforms
MetaTrader 4, MetaTrader 5, Alpari Mobile
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
Alpari
Black Bull
Total Servers
2
2
Total Endpoints
19
7
Countries
7
3
Hosting Providers
Iptp Limited, OVH, Leaseweb
Microsoft Azure, PrimeXM 185.97.161/24, PrimeXM Services (Cyprus) Ltd

Account Types

Alpari

Standard
Spread: 1.2 pipsMin: $100Lev: 1000:1
Micro
Spread: 1.7 pipsMin: $5Lev: 400:1
ECN
Spread: 0.4 pipsMin: $500Lev: 1000:1Comm: $3/lot
Pro
Spread: 0 pipsMin: $25000Lev: 300:1

Black Bull

Standard
Spread: 0.8 pipsMin: $0Lev: 500:1
Prime
Spread: 0.1 pipsMin: $2000Lev: 500:1Comm: $6/lot

Verdict: Alpari vs Black Bull

Based on our verified data analysis, Alpari has a slight edge in this comparison with a score of 3 vs 2.

Choose Alpari if you prioritize the tightest possible spreads. Choose Alpari for a lower entry barrier.

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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.