PU Prime vs BlackBull Markets

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

PU Prime vs BlackBull Markets Comparison Table 2026
PU Prime BlackBull Markets
rating empty
rating full
4.5
rating empty
rating full
4.5
PU Prime is ranked #31 among CFD brokers. BlackBull Markets is ranked #24 among CFD brokers.
PU Prime operates as a forex and CFD broker, providing direct market access to forex, commodities, stocks, bonds, indices, and ETFs. It caters to traders of all levels with four account types: Cent, Standard, Prime, and ECN. Platforms include MetaTrader and the bespoke PU Prime app, designed for active trading. 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.
Pros
  • Prime and ECN pricing offers strong competition for active traders. Our tests show spreads significantly narrowing during liquid sessions, reaching around 0.0 pips.
  • The platform range is robust. The PU Prime Web Trader and app offer user-friendly interfaces, intuitive order setup, and dynamic charts for swift trade execution.
  • For short-term traders, there's an excellent set of tools, including margin and position sizing calculators, economic calendars, and robust technical insights from Autochartist.
  • PU Prime has introduced a dynamic leverage system to safeguard accounts during major economic news and weekend market gaps, reducing exposure to extreme volatility.
  • Over the years, PU Prime has enhanced its offerings, launching the PU Social app in 2022 and obtaining ASIC approval for its Australian branch by 2025. It has expanded its portfolio to over 1,000 instruments, with the addition of over 200 products. In 2026, the firm introduced 24/7 share CFDs on major US stocks.
  • 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.
Cons
  • Contacting customer support can be cumbersome and time-consuming. Recent tests revealed the need to navigate various chatbot menus, answer questions, and input contact details before speaking to an agent.
  • The ECN account demands a $10,000 minimum deposit, preventing some active retail traders from accessing optimal pricing. These traders might incur higher costs on spreads and commissions with Prime, Standard, or Cent accounts.
  • The internal market updates provide a brief overview but lack the depth required for in-depth strategy development or advanced analysis.
  • PU Prime is licensed in Australia (ASIC) and South Africa (FSCA). However, its offshore entities are under scrutiny by UK, North American, and European regulators for operating without local authorisation.
  • 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.
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
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent) CFDs, Stocks, Indices, Commodities, Futures, Crypto
Demo Account
Yes Yes
Minimum Deposit
$20 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, FSA, FSC, CMA-UAE FMA, FSA
Mobile Apps
iOS & Android iOS & Android
Trading App
PU Prime offers a sophisticated app for Apple and Android users, featuring over 1,000 instruments. Enjoy spreads starting from 0.0 pips and commissions as low as $1 per side/lot with the ECN account—ideal for traders. The mobile platform includes dynamic charts, account management features, and integrated support. 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.
iOS App Rating
rating empty
rating full
4.8
rating empty
rating full
3.7
Android App Rating
rating empty
rating full
4.2
rating empty
rating full
3.7
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes Yes
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, cTrader Automate
Copy Trading
Yes Yes
Copy Trading Platform
PU Social allows clients to replicate expert traders' strategies. With over 6 million trades copied, 32,000 signal providers, and 150,000 copiers, it boasts a robust social investing community. Accessible via iOS, Android, and web platforms, users can select signal providers by returns, win rate, and risk profile. 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 Yes
Trade Signals
BlackBull Research stock recommendation service
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SGD
Commodities
  • Oil
  • Gold
  • Copper
  • Silver
  • Corn
  • Cocoa
  • Coffee
  • Cotton
  • Natural Gas
  • Orange Juice
  • Soybeans
  • Sugar
  • Wheat
  • Platinum
  • Palladium
  • Precious Metals
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Cocoa
  • Wheat
  • Corn
  • Sugar
  • Coffee
  • Natural Gas
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Lead
  • Zinc
CFD
PU Prime provides CFD trading across hundreds of assets, including stocks, indices, commodities, bonds, ETFs, and cryptocurrencies. Maximum leverage, now increased to 1:1000, varies per asset and region. Traders can choose between the intuitive mobile app or the reliable MetaTrader for trading. Useful tools, like profit, margin, and position size calculators, assist in planning short-term CFD trades. 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.
Leverage
1:1000 1:500
FTSE Spread
23 (ECN) 1.5
GBPUSD Spread<
0.2 (ECN) 0.5
Oil Spread
2.2 (ECN) 1.5
Stocks Spread
4.2 (Amazon) No mark-up
Forex
PU Prime offers trading on over 65 forex pairs with flexible leverage up to 1:1000. Forex major spreads start at 0.0 pips on Prime and ECN accounts during liquid markets. Clients can access a currency heatmap and choose from dependable platforms and apps. 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.
Assets
65+ 64
GBPUSD Spread
0.2 (ECN) 0.5
EURUSD Spread
0.2 pips (ECN) 0.16
EURGBP Spread
0 (ECN) 0.8
Currency Indices
  • USD
Cryptocurrency
PU Prime has expanded its cryptocurrency options, now providing over 65 pairs, both crypto-fiat and exclusive crypto. Trade on major currencies like Bitcoin and Ripple, alongside lesser-known, volatile tokens. Access trading 24/7 through PU Prime's four accounts, available on desktop, web, and mobile platforms. 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
27.5 (BTC) 12 average (Bitcoin)
Coins
  • BTC
  • SHIB
  • XLM
  • SAND
  • BCH
  • TRX
  • XRP
  • ETH
  • LTC
  • NEO
  • WLD
  • DOGE
  • ONE
  • LRC
  • ATOM
  • NXPC
  • SOL
  • USDT
  • TRUMP
  • XTZ
  • WIF
  • HYPE
  • ZEC
  • ONDO
  • ADA
  • WLFI
  • AVAX
  • BNB
  • ALGO
  • DOT
  • BERA
  • UNI
  • 1INCH
  • BAT
  • ETC
  • SKY
  • CRV
  • CRO
  • MKR
  • EOS
  • GRT
  • OKB
  • NEAR
  • FIL
  • LINK
  • IOTA
  • HBAR
  • SUSHI
  • 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
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
PU Prime BlackBull Markets
More Comparisons
PU Prime
vs

BlackBull Markets
vs