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Plus500 vs BlackBull Markets 2021

Is BlackBull Markets better than Plus500? In our analysis of 23 international regulators across 50 brokers, BlackBull Markets is considered average-risk, with an overall Trust Score of 70 out of 99. Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Plus500 BlackBull Markets
Overall 4 3.5
Commissions & Fees 4 4
Offering of Investments 4 3
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3 3
Education 3 3
Trust Score 98 70
Plus500 Review BlackBull Markets Review
72% of retail CFD accounts lose money

Regulation

Feature Plus500 BlackBull Markets
Trust Score 98 70
Year Founded
2008 2014
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
3 0
Tier-2 Licenses
4 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes No

Tier-1 Licenses (High Trust)

Feature Plus500 BlackBull Markets
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature Plus500 BlackBull Markets
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes No
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
Yes No
FMA Authorised (New Zealand)
Yes Yes
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature Plus500 BlackBull Markets
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature Plus500 BlackBull Markets
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1896 281
Forex Pairs (Total)
71 30
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes No
Social Trading / Copy-Trading
No Yes

Cost

Feature Plus500 BlackBull Markets
Average Spread EUR/USD - Standard
0.6 (as of Aug 2018) 0.76
All-in Cost EUR/USD - Active
N/A 0.76
Active Trader or VIP Discounts
No Yes
Execution: Agency Broker
No No
Execution: Market Maker
Yes Yes

Funding

Feature Plus500 BlackBull Markets
Minimum Deposit
€100 $200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature Plus500 BlackBull Markets
Proprietary Platform
Yes No
Desktop Platform (Windows)
No Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature Plus500 BlackBull Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
9 MetaTrader (Default)
Charting - Indicators / Studies (Total)
110 MetaTrader (Default)
Charting - Drawing Tools (Total)
21 MetaTrader (Default)
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No No
Order Type - Trailing Stop
Yes No

Mobile Trading

Feature Plus500 BlackBull Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
110 MetaTrader (Default)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
Yes Yes

Research

Feature Plus500 BlackBull Markets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature Plus500 BlackBull Markets
Has Education - Forex or CFDs
No No
Client Webinars
No No
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature Plus500 BlackBull Markets
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature Plus500 BlackBull Markets
Overall 4 3.5
Commissions & Fees 4 4
Offering of Investments 4 3
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3 3
Education 3 3
Trust Score 98 70
Plus500 Review BlackBull Markets Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs Plus500.

Does BlackBull Markets or Plus500 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Plus500 offers better pricing overall for traders.

Is BlackBull Markets or Plus500 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Plus500 holds 3 global Tier-1 licenses, while BlackBull Markets holds 0. Plus500 holds 4 global Tier-2 licenses, while BlackBull Markets holds 1. In our analysis of 23 international regulators across 50 brokers, Plus500 earned a higher Trust Score than BlackBull Markets.

Which trading platform is better: BlackBull Markets or Plus500?
To compare the trading platforms of both BlackBull Markets and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Plus500 offers a better experience. With research, BlackBull Markets offers superior market research. Finally, we found Plus500 to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While BlackBull Markets offers copy trading, Plus500 does not. BlackBull Markets offers MetaTrader 4 (MT4), while Plus500 does not.

How many forex pairs and CFDs are available to trade?
Plus500 provides traders 71 currency pairs (e.g., EUR/USD) compared to BlackBull Markets's 30 available pairs. Forex pairs aside, Plus500 offers traders access to 1896 CFDs while BlackBull Markets has 281 available CFDs, a difference of 1,615.

Can I trust BlackBull Markets?
BlackBull Markets is not publicly traded and does not operate a bank. BlackBull Markets is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-2 regulators: New Zealand Financial Markets Authority (FMA).

Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Is BlackBull Markets good?
With just MetaTrader 4 available alongside a handful of social copy trading platforms, BlackBull Markets offers a limited product range and struggles to compete with industry-leading forex brokers

Is Plus500 good?
Plus500 is a trusted global brand that offers online traders an easy-to-use trading platform and a thorough selection of CFD instruments. However, Plus500 trails industry leaders in market research and advanced trading tools desired by active traders.

Overall winner: Plus500

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Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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