BlackBull Markets Vs. Plus500 - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 77% of retail CFD accounts lose money.
Overview
BlackBull Markets is a global broker headquartered in New Zealand founded in 2014 that specialises in providing CFDs based on shares, commodities, currencies and indices.	Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options
Best For
Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips	Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FMA (New Zealand) FSAS (Seychelles)	CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)
The Good
Competitive spreads in their ECN Prime account (From 0.1 Pips) Wide variety of platforms (MT4, MT5, TradingView and IBKR) Over 23,000 + shares	CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools
The Bad
Their standard asset offering is very low (over 300 instruments) Share trading requires a separate platform with a different onboarding Commissions are above average and share trading fees are a mystery	No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2014	2008
💳 Minimum Deposit
From $50 to $2,000	$, €, £ - 100
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller FasaPay China UnionPay Skrill	Visa Mastercard Bank Transfer Paypal Skrill
💵 Account Base Currencies
9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.	16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, CU, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on shares, currencies, indices, commodities and cryptocurrencies.	CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.
📙 Stocks
23,000+	2,000+
📘 Currency Pairs
64	70
📗 Commodities
15	25
📕 Indices
13	26
📔 ETFs
N/A	95
💸 Cryptocurrencies
N/A	14
📒 Bonds
N/A	N/A
📓 Options
N/A	Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.
📗 Futures
N/A	N/A
📝 Notes:
All of BlackBull Markets assets are CFDs.	All of Plus500's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A	Varies by Stock (Eg: 0.05 units of Tesla)
📉 Minimum ETFs Trade Size
N/A	Varies by ETF (Eg: 0.5 units of XLK)
📈 Minimum Crypto Trade Size
N/A	Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000
📈 Minimum Commodities Trade Size
N/A	Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 Retail Leverage
Up to 1:500	Up to 1:30
💪 Professional Leverage
N/A	Up to 1:300
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes (only for share trading)	Yes
📱 Android App
Yes (only for share trading)	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes (MT4 & 5)	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes (only for share trading)	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, $10 every 3 months
💰 Deposit Fees
No	No
💰 Withdrawal Fees
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.	No
💰 Commissions
ECN Standard has no fees. ECN PRIME has a $6 commission per lot round turn In the case of share trading, their fees start from NZD $12 per transaction yet they’re not clearly explained anywhere on their website.	No
Spreads
📈 EUR/USD
From 0.4 Pips to 1.61 Pips	Dynamic - From 0.8 Pips
📉 SP500
From 5.5 Pips	Dynamic - From 70 Pips
📈 GOLD
From 16 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $5.2
📈 XLK (ETF - CFD)
Dynamic - Market spread	Dynamic - From 7 Pips
📉 BTC
N/A	Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes	No, only allows setting an individual favourites list
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No