BlackBull Markets
Plus500
Our Rating
95
61
77% of retail CFD accounts lose money

Regulations and Licenses

Feature
BlackBull Markets
Plus500
ASIC (Australia)
FCA (UK)
MAS (Singapore)
FSCA (South Africa)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
FSA (Seychelles)

Brokerage

Feature
BlackBull Markets
Plus500
EUR/USD Avg. Raw Spread
0.14
-
GBP/USD Avg. Raw Spread
0.43
-
AUD/USD Avg. Raw Spread
0.30
-
EUR/USD Standard Spread
1.10
1.2
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.7
AUD/USD Avg. Standard Spread
1.20
1.1
Commissions (USD Base)
$3.00
-
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
4+
3+
No Funding Fees

Markets and Instruments

Feature
BlackBull Markets
Plus500
Currency Pairs
72
65
Cryptocurrency CFDs*
9
18
Index CFDs
10
65
Share CFDs
26000+
11,000+
Commodities CFD
21+
22
Stockbroking
23,000+
-
Retail Max Leverage (Australia)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
-
300:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
300:1
Retail Max. Leverage (Europe)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
300:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Retail Max. Leverage (With offshore regulators)
500:1
Major Pairs 30:1
Minor Pairs 20:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
BlackBull Markets
Plus500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

BlackBull Markets
Plus500
Our Rating
95
61
 

Here’s a quick overview of the major differences between the two brokers:

  • BlackBull Markets has cheaper overall trading costs with lower spreads on the Standard and Raw accounts
  • BlackBull Markets offer MT4, MT5, cTrader, and TradingView while Plus500 only offers their proprietary platform
  • Plus500 offers a standard (commission-free) account option only
  • BlackBull has a zero minimum deposit requirement and for plus500 is $500
  • Plus500 is strongly regulated by ASIC, FCA & CySEC, and has a higher trust score