Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs PU Prime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
BlackBull Markets and PU Prime are both private brokers that were founded in the 2010s, with BlackBull Markets starting in 2014 and PU Prime in 2015. Neither broker is publicly traded or operates as a bank. Based on ForexBrokers.com’s Trust Score scale, BlackBull Markets scores 77 out of 99, which falls into the average risk range, while PU Prime scores 79, also in the average risk range but slightly higher.
When it comes to regulation, both brokers hold 1 Tier-1 license, which ForexBrokers.com considers highly trusted. PU Prime has the edge on extra oversight with 2 Tier-2 licenses, compared with none for BlackBull Markets. For traders comparing the two, PU Prime offers a bit more regulatory coverage, while BlackBull Markets still shows a similar core level of trust through its Tier-1 license.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Year Founded | 2014 | 2015 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
BlackBull Markets and PU Prime both offer trading costs that can suit different types of traders, but BlackBull comes out a little stronger on price. BlackBull Markets is rated 4.5 stars and ranked #9 out of 36 for commissions and fees. Its Standard account has no commission, while the Prime account offers tighter spreads with a $3 per side commission and a $2,000 minimum deposit. For active traders, the ECN Institutional account goes even lower on commission at $2 per side, but it requires a much larger $20,000 deposit. On the Prime account, the EUR/USD spread averaged 0.16 pips in March 2024, or about 0.76 pips all in after commission.
PU Prime is rated 4.0 stars and ranked #22 out of 36 in the same category. It gives traders four account choices: Standard, Prime, ECN, and Cent. The Standard and Cent accounts keep costs inside the spread, with no separate commission, and have lower entry points at $50 and $20. The Prime account is built for more active trading, with spreads starting at 0.0 pips and a $3.50 per side commission, while the ECN account is best for larger balances, requiring $10,000 but charging just $1 per side. In short, PU Prime can be simple and affordable for beginners, but its pricing is not quite as strong overall as BlackBull’s.
If you want lower trading costs and are comfortable with a higher minimum deposit, BlackBull Markets is the better pick between the two. If you prefer more account options and want a lower starting balance, PU Prime may be easier to get started with. Both brokers use a mix of spread-based and commission-based pricing, so the best choice depends on how often you trade and which account type fits your budget.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Minimum Deposit | $0 | $50.00 |
| Average spread (EUR/USD) - Spread-only account | 1.16 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | 0.76 | 0.9 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets offers a wider range of investments than PU Prime, making it the stronger choice for traders who want more markets to access. BlackBull Markets lists about 26,000 tradeable symbols and 72 forex pairs, compared with PU Prime’s 1,000 symbols and 55 forex pairs. Both brokers support forex trading, copy trading, and cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency.
A key difference is that BlackBull Markets also offers exchange traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone. PU Prime does not offer this. Based on Range of Investments, BlackBull Markets is rated 5 stars and ranked #7 out of 36 brokers by ForexBrokers.com, while PU Prime is rated 4.0 stars and ranked #29.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1000 |
| Forex Pairs (Total) | 72 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | 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). | 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.
BlackBull Markets and PU Prime both give traders a solid set of platform choices, making them closely matched for trading platforms and tools. Each broker offers a free demo account, web-based trading, a Windows desktop download, copy trading, and support for both MetaTrader 4 and MetaTrader 5. Neither broker offers a proprietary in-house platform, so if you prefer a custom-built trading app, neither one stands out in that area. Both also let users trade directly from charts, which is helpful for quick order entry and chart-based analysis.
In terms of overall platform ratings, both brokers are rated 4 stars for Trading Platforms and Tools, with PU Prime slightly ahead in ForexBrokers.com’s ranking at #25 out of 36 brokers, compared with BlackBull Markets at #26. For traders comparing online brokers, the difference is small, and both platforms should feel familiar to anyone using MetaTrader or browser-based trading tools. Some charting and watch list details are not clearly listed, but from the available information, BlackBull Markets and PU Prime look very similar for everyday trading needs.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 109 | 87 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and PU Prime both offer mobile trading apps for iPhone and Android, along with price alerts, trendline drawing, and auto-saving chart drawings. Each broker is also rated 4 out of 5 stars for mobile trading apps, so both platforms cover the basics well for traders who want to manage positions on the go.
The main difference is that BlackBull Markets offers watchlist symbol syncing, which lets you update watchlists in the app and have those changes show up in your online account, while PU Prime does not. BlackBull Markets also gives traders more charting tools, with 30 technical studies compared with PU Prime’s 14. Even so, PU Prime places slightly higher in the ForexBrokers.com mobile apps ranking, coming in at #27 out of 36 brokers, while BlackBull Markets ranks #29.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 14 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing BlackBull Markets vs PU Prime for market research, both brokers provide daily market commentary and an economic calendar, and neither offers forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Both also include Autochartist tools to help traders spot possible setups. However, BlackBull Markets stands out with a sentiment-based trading tool that shows long and short positioning, while PU Prime does not offer this feature.
PU Prime has an edge in one area because it includes Trading Central research tools, such as Technical Analytics, which BlackBull Markets does not. Still, BlackBull Markets scores higher overall for research at 4.5 out of 5 stars, compared with PU Prime’s 3.5 stars. On ForexBrokers.com, BlackBull Markets is ranked #17 out of 36 brokers for research, while PU Prime is not ranked in this category.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning support, both BlackBull Markets and PU Prime offer a solid mix of forex and CFD education. Each broker provides at least 10 educational pieces focused on forex or CFDs, monthly online client webinars, and more than 10 beginner videos as well as more than 10 advanced videos, which means both have useful content for traders at different stages. That said, BlackBull Markets comes out ahead in the Education category with a 4.5-star rating and a #25 ranking out of 36 brokers on ForexBrokers.com, while PU Prime is rated 3.5 stars and ranked #29, suggesting BlackBull Markets offers a slightly stronger overall learning experience for new traders.
In simple terms, if you want more beginner-friendly education and a better-rated training section overall, BlackBull Markets has the edge. PU Prime still gives beginners access to the key tools they need, including videos and webinars, but its lower education score and ranking indicate there may be less depth or polish compared with BlackBull Markets. For traders who place a high value on learning resources before they start trading, BlackBull Markets is the stronger choice between the two.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than PU Prime. BlackBull Markets finished with an overall rank of #22, while PU Prime finished with an overall rank of #34.
BlackBull Markets is a growing broker best known for its broad platform support, including MetaTrader, cTrader, TradingView, and copy trading tools, along with a large range of tradeable instruments.
| Feature |
BlackBull Markets
|
PU Prime
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 77 | 79 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
BlackBull Markets and PU Prime both offer cryptocurrency CFDs, but neither broker provides access to buying actual, delivered cryptocurrency.
BlackBull Markets and PU Prime both support ACH or SEPA transfers, Skrill, and bank wires for deposits and withdrawals, while neither broker offers PayPal, and Visa or Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 77 | 79 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | PU Prime Review |
| Broker Screenshots | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Trust Score | 77 | 79 | |
| Year Founded | 2014 | 2015 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1000 | |
| Forex Pairs (Total) | 72 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | 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). | 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 | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.16 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | 0.76 | 0.9 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | ||
| Order execution: Market Maker | Yes |
| Funding | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Minimum Deposit | $0 | $50.00 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 14 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | PU Prime | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | BlackBull Markets Review | PU Prime Review |
| Overall | BlackBull Markets | PU Prime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 77 | 79 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | PU Prime Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
XM
Pepperstone
FP Markets
Tickmill
HFM Markets