Plus500 vs BlackBull Markets 2025

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.

Regulation

Founded in 2008, Plus500 has built a solid reputation as a highly trusted online broker. It boasts a top-tier Trust Score of 99 out of 99 from ForexBrokers.com, indicating a high level of trustworthiness. As a publicly traded company, Plus500 is not a bank but holds an impressive six Tier-1 licenses and three Tier-2 licenses, emphasizing its strong regulatory standing and customer confidence. This status is bolstered by its listings on a stock exchange, providing an additional layer of transparency and reliability for its clients.

In contrast, BlackBull Markets, established in 2014, presents a different profile. While not publicly traded, it holds one Tier-1 license. It has a ForexBrokers.com Trust Score of 78 out of 99, positioning it at average risk. Despite being a relatively newer entrant in the trading arena and not a bank, BlackBull Markets aims to offer its clients a dependable trading experience but without the extensive regulatory backing seen with Plus500.

Feature	Plus500	BlackBull Markets
Year Founded info	2008	2014
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Tier-1 Licenses info	6	1
Tier-2 Licenses info	3	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	2	1

Fees

When it comes to commissions and fees, BlackBull Markets generally comes out cheaper than Plus500. BlackBull Markets holds a 4.5/5 star rating and is ranked #19 out of 63 brokers by ForexBrokers.com for Commissions and Fees, while Plus500 earns 4.0/5 stars and ranks #24. The key differences show up in typical EUR/USD costs and how each broker structures pricing.

Plus500’s pricing sits slightly above the industry average and lags the lowest-cost brokers for active traders. It doesn’t offer retail discounts, though Professional clients may qualify for cash rebates. In April 2024, the average EUR/USD spread at Plus500 was 1.5 pips, which is higher than the industry average.

BlackBull Markets’ costs vary by account type. The Standard account is commission-free with no minimum deposit but has higher spreads. The Prime account requires a $2,000 minimum and charges a commission of $3 per side ($6 round turn) per lot; in March 2024 it posted an average 0.16‑pip raw spread on EUR/USD, for about 0.76 pips all-in after commission—often cheaper than Plus500’s typical 1.5 pips. For larger deposits, the ECN Institutional account starts at $20,000 with $2 per side ($4 round turn) commissions.

Feature	Plus500	BlackBull Markets
Minimum Deposit info	€50 info	$0
Average Spread EUR/USD - Standard info	1.3 info	0.71 info
All-in Cost EUR/USD - Active info	1.3 info	0.71 info
Active Trader or VIP Discounts [DELETED] info
Non-wire bank transfer info	No	No
PayPal (Deposit/Withdraw) info	Yes	No
Skrill (Deposit/Withdraw) info	Yes	Yes
Visa/Mastercard (Credit/Debit) [DELETED] info
Bank Wire (Deposit/Withdraw) info	Yes	Yes

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Range of investments

Comparing Plus500 vs BlackBull Markets for range of investments, BlackBull Markets delivers a larger lineup with about 26,000 tradeable symbols, while Plus500 lists around 5,500. BlackBull also edges out on forex with 72 currency pairs versus Plus500’s 65. Both brokers offer forex trading (CFD or spot, depending on the product and region), and both let you trade cryptocurrency derivatives but do not support buying actual crypto. Each broker provides access to real, exchange-traded shares on U.S. markets as well as on international exchanges (not CFDs).

Feature-wise, copy trading is available at BlackBull Markets but not at Plus500. For range of investments, ForexBrokers.com rates Plus500 at 4.5/5 stars (ranked #22 of 63) and BlackBull Markets at 5/5 stars (ranked #6 of 63). If you want the widest selection of markets and copy trading, BlackBull Markets may be the better fit; if you’re comfortable with a sizable, straightforward list of instruments, Plus500 remains a strong option.

Feature	Plus500	BlackBull Markets
Forex Trading (Spot or CFDs) info	Yes info	Yes
Tradeable Symbols (Total) info	5500 info	26000
Forex Pairs (Total) info	65	72
U.S. Stock Trading (Non CFD) info	Yes	Yes
Int'l Stock Trading (Non CFD) info	Yes	Yes
Social Trading / Copy Trading info	No	Yes
Cryptocurrency (Physical) info	No	No
Cryptocurrency (Derivative) info	Yes info	Yes
Disclaimers	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Plus500 and BlackBull Markets both offer free demo (paper) trading and user-friendly web platforms. Plus500 runs on its own proprietary platform but does not offer a Windows desktop download, and it does not support MetaTrader 4 (MT4), MetaTrader 5 (MT5), or copy trading. BlackBull Markets does not have a proprietary platform, but it supports MT4 and MT5, offers a Windows desktop platform, and includes copy trading. If you like placing orders straight from charts, BlackBull Markets supports chart trading, while Plus500 does not.

For platform quality, ForexBrokers.com rates Plus500 at 4.5 stars (ranked 14th of 63) and BlackBull Markets at 4 stars (31st of 63). In short, choose Plus500 if you want a simple, broker-built web platform with a free demo. Choose BlackBull Markets if you want the MetaTrader experience, downloadable desktop software, copy trading, and the ability to trade from charts—along with a free demo to practice first.

Feature	Plus500	BlackBull Markets
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	No	Yes
Web Platform info	Yes	Yes
Social Trading / Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Charting - Indicators / Studies (Total) info	115	109
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info	No	Yes
Watchlists - Total Fields [DELETED] info

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Forex trading apps

Both Plus500 and BlackBull Markets offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists across mobile and web, and creating watchlists with real-time quotes. For charting, Plus500 stands out with 115 technical studies compared with 30 on BlackBull Markets. Both apps let you draw trendlines, but only BlackBull Markets auto-saves your chart drawings, while Plus500 does not. Support for viewing multiple time frames wasn’t specified in the provided data.

According to ForexBrokers.com, Plus500 earns 4.5 out of 5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps, while BlackBull Markets scores 4 out of 5 stars and ranks #33. If you want a wider range of built-in indicators, Plus500 may suit you. If saving chart annotations automatically matters more, BlackBull Markets is the better fit. Always check the broker for the latest app features before deciding.

Feature	Plus500	BlackBull Markets
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Watchlist Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	115	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Multiple Time Frames info
Mobile Charting - Trendlines Autosave info	No	Yes
Mobile Watchlist info	Yes	Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both Plus500 and BlackBull Markets provide daily market commentary, offering traders consistent insights into market movements. However, when it comes to additional services, the two brokers diverge. Plus500 features tools from Trading Central, providing traders with technical analytics for a deeper understanding of market trends, whilst BlackBull Markets stands out by incorporating research tools from Autochartist, which are favored for technical analysis. Each broker also equips traders with sentiment-based trading tools, displaying the ratio of long and short positions across various instruments.

Neither Plus500 nor BlackBull Markets supplies forex news from top-tier sources like Bloomberg or Reuters, and currently, neither offers market research reports from companies like TipRanks or research tools from Acuity Trading. Yet, they both provide an economic calendar, helping traders keep track of significant global news events. Ranked at #19 and #18 respectively by ForexBrokers.com in the Research category, both brokers achieve a solid rating of 4 out of 5 stars, demonstrating their proficiency in offering helpful market research resources to their clients.

Feature	Plus500	BlackBull Markets
Daily Market Commentary info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	No	Yes
Trading Central (Recognia) info	Yes	No
Client sentiment data info	Yes	Yes
TipRanks info	No	No
Signal Centre (Acuity Trading) info	No	No
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing education at Plus500 and BlackBull Markets, both brokers deliver strong video-based learning and live support. Each hosts monthly educational webinars and offers at least 10 beginner videos as well as 10 advanced videos, making it easy to build skills step by step. In independent reviews, both are rated 4 out of 5 for Education; however, BlackBull Markets ranks slightly higher overall in the category (#29 of 63) than Plus500 (#31 of 63).

Details about a searchable archive of past webinars, an investor dictionary (50+ terms), and whether each site clears the 10-piece threshold for general forex/CFD articles are not specified. If you prefer live learning, either broker’s monthly webinars will help. If you like structured video lessons aimed at beginners, both are solid choices; check each broker’s site to confirm access to webinar archives and glossaries before deciding.

Feature	Plus500	BlackBull Markets
Education (Forex or CFDs) info
Webinars info	Yes info	Yes
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	Yes
Investor Dictionary (Glossary) [DELETED] info

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than BlackBull Markets. Plus500 finished with an overall rank of #14, while BlackBull Markets finished with an overall rank of #24.

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Feature	Plus500	BlackBull Markets
Overall Rating info
Trust Score info	99	78
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	Plus500	BlackBull Markets
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	78
Winner	check_circle
Review	Plus500 Review	BlackBull Markets Review

Broker Screenshots	Plus500	BlackBull Markets
Broker Gallery (click to expand) info

Regulation	Plus500	BlackBull Markets
Trust Score info	99	78
Year Founded info	2008	2014
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	No info
Tier-1 Licenses info	6	1
Tier-2 Licenses info	3	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	2	1

Tier-1 Licenses (Highly Trusted)	Plus500	BlackBull Markets
Australia (ASIC Authorised) info	Yes	No
Canada (CIRO Authorised) info	No	No
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	Yes	No
Singapore (MAS Authorised) info	Yes	No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info	Yes	No
USA (CFTC Authorized) info	No	No
New Zealand (FMA Authorised) info	Yes	Yes
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	No info

Tier-2 Licenses (Trusted)	Plus500	BlackBull Markets
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	Yes	No
South Africa (FSCA Authorised) info	Yes	No
UAE (DFSA, FSRA, or SCA Authorised) info	Yes info	No
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info

Investments	Plus500	BlackBull Markets
Forex Trading (Spot or CFDs) info	Yes info	Yes
Tradeable Symbols (Total) info	5500 info	26000
Forex Pairs (Total) info	65	72
U.S. Stock Trading (Non CFD) info	Yes	Yes
Int'l Stock Trading (Non CFD) info	Yes	Yes
Social Trading / Copy Trading info	No	Yes
Cryptocurrency (Physical) info	No	No
Cryptocurrency (Derivative) info	Yes info	Yes
Disclaimers	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Cost	Plus500	BlackBull Markets
Average Spread EUR/USD - Standard info	1.3 info	0.71 info
All-in Cost EUR/USD - Active info	1.3 info	0.71 info
Inactivity Fee info	Yes	No
Execution: Agency Broker info	No	No
Execution: Market Maker info	Yes	Yes

Funding	Plus500	BlackBull Markets
Minimum Deposit info	€50 info	$0
PayPal (Deposit/Withdraw) info	Yes	No
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes
Non-wire bank transfer info	No	No

Trading Platforms	Plus500	BlackBull Markets
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	No	Yes
Web Platform info	Yes	Yes
Social Trading / Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
cTrader info	No	Yes

Trading Tools	Plus500	BlackBull Markets
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	115	109
Charting - Trade From Chart info	No	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	Plus500	BlackBull Markets
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist info	Yes	Yes
Watchlist Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	115	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	No	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	Plus500	BlackBull Markets
Daily Market Commentary info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	No	Yes
Trading Central (Recognia) info	Yes	No
TipRanks info	No	No
Client sentiment data info	Yes	Yes
Economic Calendar info	Yes	Yes

Education	Plus500	BlackBull Markets
Webinars info	Yes info	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	Yes

Major Forex Pairs	Plus500	BlackBull Markets
GBP/USD info	Yes info	Yes
USD/JPY info	Yes info	Yes
EUR/USD info	Yes info	Yes
USD/CHF info	Yes info	Yes
USD/CAD info	Yes info	Yes
NZD/USD info	Yes info	Yes
AUD/USD info	Yes info	Yes
Review	Plus500 Review	BlackBull Markets Review

Overall	Plus500	BlackBull Markets
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	78
Winner	check_circle
Review	Plus500 Review	BlackBull Markets Review