BlackBull Markets vs Plus500

BlackBull Markets or Plus500 – which is better for UK traders 2026? Compare BlackBull Markets and Plus500 in this detailed breakdown of their platforms, features and fees.

BlackBull Markets vs Plus500 Comparison Table 2026
BlackBull Markets Plus500
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4.5
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4.1
BlackBull Markets is ranked #23 among CFD brokers. Plus500 is ranked #10 among CFD brokers.
BlackBull, a CFD broker from New Zealand, offers a wide array of over 2,180 trading instruments. Rebranded in 2023, it now features a contemporary design, advanced trading tools, and execution speeds averaging 20 milliseconds. Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC.
81% of retail CFD accounts lose money.
Pros
  • BlackBull provides all essentials for traders: execution speeds under 100ms and tight spreads starting at 0.0 pips.
  • BlackBull better suits budding traders after revamping its ECN Prime account. It now offers improved spreads, averaging 0.16 on EUR/USD, and eliminates the previous $2,000 minimum deposit requirement.
  • BlackBulls's research excels, particularly in the daily 'Trading Opportunities' articles. These publications simplify complex market dynamics into clear insights, enabling traders to effectively capitalise on emerging trends.
  • After collaborating with ZuluTrade and Myfxbook, upgrading its CopyTrader, and activating cTrader Copy, BlackBull provides an exceptionally thorough trading experience.
  • BlackBull caters to all traders, from beginners to high-volume professionals, with two ECN-based accounts (Standard and Prime) and Prime+, a rewards program providing trading rebates.
  • Plus500 offers a dedicated WebTrader platform tailored specifically for CFD trading. It features a user-friendly and streamlined interface.
  • In 2025, Plus500 introduced new share CFDs in emerging sectors such as quantum computing and AI, presenting opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
  • The broker provides low-commission trading across varied markets, reducing extra fees and attracting seasoned traders.
  • Plus500 has expanded its range of short-term trading products. It has launched VIX options with increased volatility and extended the trading hours to 24/5 for select stock and ETF CFDs, including those for SpaceX.
  • The customer support team consistently delivers reliable support around the clock through email, live chat, and WhatsApp.
  • AI Bites now provides real-time, AI-generated market summaries, technical analysis, and social sentiment alongside charts, assisting active traders in making short-term decisions.
Cons
  • Although they offer an expanding range of over 2,180 assets, including new entries in Asia Pacific indices, the portfolio is primarily composed of stocks, alongside a moderate variety of currency pairs and indices.
  • Unlike many leading brokers, BlackBull imposes a bothersome $5 fee for withdrawals. This charge can reduce the overall cost-effectiveness, particularly for traders who regularly transfer funds.
  • Despite enhancements such as webinars and tutorials in the Education Hub, our review indicates that the courses still require greater emphasis on elucidating broader economic factors affecting prices.
  • Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
  • Educational resources are not as extensive as leading brokers such as eToro, which affects beginners' ability to learn quickly.
  • The lack of social trading features prevents users from copying trades made by seasoned traders.
  • Compared to competitors like IG, Plus500 offers limited research and analysis tools.
  • Algorithmic trading and scalping are not available, potentially deterring certain traders.
Awards
  • Fast 50 Index (multiple years) - Deloitte
  • Best Global FX Broker 2022 - Forex Expo Dubai
  • Fastest Growing Exporter for Auckland 2018 - Westpac Auckland Business Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Stocks, Indices, Commodities, Futures, Crypto CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
FMA, FSA FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI
Mobile Apps
iOS & Android iOS, Android & Windows
Trading App
BlackBull delivers a comprehensive mobile trading ecosystem. It provides traders with excellent charting tools and impressive execution speeds of less than 100ms. Options include MT4, MT5, cTrader, and TradingView apps, accommodating varied preferences. Plus500 have tailored their mobile apps to align with the WebTrader online platform. The app is secure, dependable, and ranks highly. Stop loss, limits, free alerts, and a comprehensive range of markets and instruments are provided. Access the download page here.
iOS App Rating
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3.7
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4.1
Android App Rating
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3.7
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4.3
Margin Trading
Yes Yes
Margin Rate
2.5%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader No
Copy Trading
Yes No
Copy Trading Platform
Blackbull excels with its extensive array of trading solutions, including its CopyTrader, HokoCloud, DupliTrade, and Myfxbook. It provides detailed metrics to assess traders, featuring annual and percentage returns on intuitive dashboards, making it one of the most thorough trading packages available today, particularly with the addition of cTrader Copy in 2025.
Social Trading
Yes No
Trade Signals
BlackBull Research stock recommendation service
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$0 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
Commodities
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Cocoa
  • Wheat
  • Corn
  • Sugar
  • Coffee
  • Natural Gas
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Lead
  • Zinc
  • Copper
  • Cotton
  • Coffee
  • Livestock
  • Sugar
  • Gasoline
  • Cocoa
  • Platinum
  • Soybeans
  • Oil
  • Gold
  • Silver
  • Corn
  • Aluminium
  • Palladium
  • Wheat
  • Cattle
  • Lean Hogs
CFD
BlackBull is ideal for CFD traders, offering leverage, low spreads starting at 0.0 pips, and around-the-clock support. Testing showed their support to be exceptional, instilling confidence in active traders navigating volatile markets. Plus500 offers commission-free CFDs across various markets, including currencies, stocks, indices, and commodities. Traders can take long or short positions on popular assets, enjoying flexible leverage with no hidden charges.
Leverage
1:500 Yes
FTSE Spread
1.5 2.0
GBPUSD Spread<
0.5 1.3
Oil Spread
1.5 0.06
Stocks Spread
No mark-up 1.28 (Apple)
Forex
BlackBull provides 64 currency pairs with competitive pricing via its ECN accounts. The Standard account offers commission-free spreads starting at 0.8 pips. BlackBull's swift execution is also available on MT4, the leading platform among active forex traders. Plus500 offers CFD trading in forex, with tight spreads across over 60 currency pairs. Testing showed spreads as low as 0.6 pips on the EUR/USD, lower than many competitors.
Assets
64 60+
GBPUSD Spread
0.5 1.3
EURUSD Spread
0.16 0.6
EURGBP Spread
0.8 1.5
Cryptocurrency
BlackBull is an excellent choice for active crypto traders, offering over 27 digital tokens like Bitcoin, Ethereum, and Trump, all paired with USD. It stands out with its pricing—average spreads are about 12 on BTC/USD, undercutting competitors such as Eightcap by more than half, plus there are no commissions, making it much cheaper than many crypto CFD brokers. BlackBull provides comprehensive crypto guides for all experience levels. Up to 1:100 leverage is offered on cryptos.
Spread
12 average (Bitcoin) Variable
Coins
  • BTC
  • ETH
  • SOL
  • XLM
  • XRP
  • BCH
  • ADA
  • SUI
  • TRUMP
  • LNK
  • DOT
  • DOGE
  • AAVE
  • AXS
  • HED
  • LTC
  • TRX
  • UNI
  • PYTH
  • ARB
  • BNB
  • AVAX
  • NEAR
  • ILV
  • ATM
  • INJ
  • POLY
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
BlackBull Markets Plus500
81% of retail CFD accounts lose money.
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