Plus500 vs BlackBull Markets 2026

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

Plus500 and BlackBull Markets are online brokers with different profiles. Plus500, founded in 2008, is publicly traded, while BlackBull Markets, founded in 2014, is privately held. Neither broker is a bank. According to ForexBrokers.com, Plus500 holds a Trust Score of 99/99 (highly trusted), whereas BlackBull Markets scores 77/99 (average risk based on the 70–79 range).

Regulation also sets them apart. Plus500 holds 7 Tier-1 licenses and 4 Tier-2 licenses, while BlackBull Markets holds 1 Tier-1 license and no Tier-2 licenses (as defined by ForexBrokers.com, Tier-1 is considered highly trusted and Tier-2 trusted). Traders comparing safety and oversight may favor the broader licensing footprint at Plus500, while those considering BlackBull Markets should weigh its single Tier-1 license against their own comfort with regulatory coverage.

Feature	Plus500	BlackBull Markets
Year Founded info	2008	2014
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Tier-1 Licenses info	7	1
Tier-2 Licenses info	4	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	2	1

Fees

Comparing commissions and fees, BlackBull Markets is the cheaper pick for many traders, while Plus500 sits slightly above the industry average. On ratings, BlackBull Markets earns 4.5/5 stars and ranks #9 out of 63 brokers for Commissions and Fees at ForexBrokers.com. Plus500 scores 4.0/5 stars and ranks #24 out of 63.

Plus500’s pricing is simple but not the lowest. In April 2024, the EUR/USD spread averaged 1.5 pips, which is higher than the industry average. Plus500 doesn’t discount pricing for retail clients; however, Professional clients who qualify can receive cash rebates similar to an active trader program.

BlackBull Markets’ costs vary by account type and are about average overall, with strong value on the Prime account. In March 2024, the Prime account’s average EUR/USD spread was 0.16 pips, leading to a 0.76-pip all-in cost after a per-side commission of 0.3 pips (or $6 per 10,000 traded). The Standard account is commission-free with no minimum deposit but has higher spreads. The Prime account requires a $2,000 minimum and charges $3 per side ($6 round turn) with lower spreads, while the ECN Institutional account targets large deposits ($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 account info	1.3 info	1.16 info
All-in Cost EUR/USD - Active info	1.3 info	0.76 info
Non-wire bank transfer info	No	Yes
PayPal (Deposit/Withdraw) info	Yes	No
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

Comparing the range of investments, BlackBull Markets lists about 26,000 tradeable symbols and 72 forex pairs, while Plus500 offers roughly 5,500 symbols and 65 forex pairs. Both brokers provide forex trading and give access to exchange-traded securities on U.S. and international exchanges, so you can buy shares like Apple in the U.S. and Vodafone in London. Each also supports cryptocurrency CFDs, though neither offers actual (delivered) crypto.

Feature-wise, BlackBull Markets includes copy trading, whereas Plus500 does not. For Range of Investments, BlackBull Markets earns 5 stars and ranks #7 out of 63 brokers, while Plus500 scores 4.5 stars and ranks #16. If you want the largest catalog and copy trading, BlackBull Markets has the edge; if you’re satisfied with a sizable lineup and share dealing on major markets, 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. Stocks (Shares) info	Yes	Yes
Global Stocks (Non-U.S. Shares) info	Yes	Yes
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) 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 accounts for paper trading. Plus500 provides a proprietary, browser-based platform, while BlackBull Markets does not have its own in-house platform but supports MetaTrader 4 and MetaTrader 5, along with a Windows desktop download and a web platform. If you want copy trading and the ability to place orders directly from charts, BlackBull Markets includes both; Plus500 does not. Indicator counts and watch list column options were not specified for either broker.

For trading platforms and tools, Plus500 earns 4.5 out of 5 stars and ranks #14 out of 63 brokers on ForexBrokers.com, while BlackBull Markets scores 4 stars and ranks #25. In short: choose Plus500 if you prefer an in-house web platform and a quick demo to practice; pick BlackBull Markets if you need MetaTrader (MT4/MT5), a Windows desktop platform, copy trading, and chart-based order entry.

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
Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
Charting - Indicators / Studies (Total) info	115	109
Charting - Trade From Chart info	No	Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Plus500 and BlackBull Markets both offer mobile trading apps for iPhone and Android. Each app supports price alerts and watchlist syncing, so changes you make on mobile or the web carry over. In third-party reviews, Plus500 is rated 4.5 out of 5 stars and ranked #14 out of 63 brokers for Mobile Trading Apps by ForexBrokers.com, while BlackBull Markets earns 4 out of 5 stars and ranks #27.

For charting, Plus500 includes 115 technical studies compared with 30 on BlackBull Markets. Both apps let you draw trendlines, but only BlackBull’s app auto-saves your drawings; Plus500 does not, which means you may need to redo annotations. If you want a wider range of indicators, Plus500 has the edge. If keeping your chart markups saved matters most, BlackBull Markets is the better fit. Either way, both apps cover the essentials for trading on the go.

Feature	Plus500	BlackBull Markets
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - 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

Dive deeper: Best Forex Trading Apps.

Market research

Plus500 and BlackBull Markets both deliver strong market research for traders, each earning a 4.5-star Research rating. Plus500 is ranked #16 of 63 brokers by ForexBrokers.com for Research, with BlackBull close behind at #17. Both brokers publish daily market commentary, offer an economic calendar for global events, and include a sentiment tool that shows the ratio of long vs. short positions. Neither provides premium news feeds from sources like Bloomberg, Reuters, or Dow Jones, and neither integrates TipRanks or Acuity Trading.

The key difference is in third-party analytics: Plus500 features Trading Central’s Technical Analytics, while BlackBull Markets integrates Autochartist. If you prefer Trading Central-style technical and fundamental insights, Plus500 has the edge; if you like Autochartist’s trade setup scanning, BlackBull may suit you better. Both platforms cover the essentials for staying informed, so your choice may come down to which research add-on you value most.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners who want clear, easy-to-follow learning, both Plus500 and BlackBull Markets deliver strong forex and CFD education. Each broker runs monthly educational webinars and offers at least 10 beginner-focused videos, giving newcomers a structured path to learn basics like market concepts, order types, and risk awareness. As you progress, both brands also provide 10+ advanced videos, so you can keep building skills without switching platforms.

In independent reviews, Plus500 and BlackBull Markets each earn 4.5 out of 5 stars for Education. BlackBull Markets holds a slight edge in the ForexBrokers.com ranking (24th out of 63) compared to Plus500 (26th out of 63), which may matter if you want the most highly ranked education suite. Otherwise, beginners will find rich video libraries and steady webinars at both brokers, making either a solid choice for learning forex and CFDs.

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

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 #22.

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	77
Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

FAQs

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Overall Rating	Plus500	BlackBull Markets
Overall Rating info
Trading Fees
Range of Investments
Trading Platforms
Mobile Trading
Research
Education
Trust Score info	99	77
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	77
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	7	1
Tier-2 Licenses info	4	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	Yes	No
Hong Kong (SFC Authorised) info	No	No
Japan (FSA 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 CMA Authorised) info	Yes info	No
India (SEBI Authorised) info	Yes	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. Stocks (Shares) info	Yes	Yes
Global Stocks (Non-U.S. Shares) info	Yes	Yes
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) 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 account info	1.3 info	1.16 info
All-in Cost EUR/USD - Active info	1.3 info	0.76 info
Inactivity Fee info	Yes	No
Order execution: Agency info	No	No
Order 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	Yes

Trading Platforms	Plus500	BlackBull Markets
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	No	Yes
Web Platform info	Yes	Yes
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 [DELETED] info
Mobile Watchlists - 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 (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	No	No
Autochartist info	No	Yes
Trading Central 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 [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes info	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	Plus500 Review	BlackBull Markets Review

Overall	Plus500	BlackBull Markets
Overall Rating info
Trading Fees
Range of Investments
Trading Platforms
Mobile Trading
Research
Education
Trust Score info	99	77
Winner	check_circle
Review	Plus500 Review	BlackBull Markets Review