Blackbull Markets
Plus500
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Blackbull Markets was founded in 2014 and is headquartered in New Zealand, while Plus500 was established in 2008 and is based in Israel. Blackbull Markets holds licences including Financial Services Providers Register (FSPR), while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. Blackbull Markets serves 10,000+ clients worldwide; Plus500 has 1,000,000+. The minimum deposit is $200 at Blackbull Markets and $100 at Plus500.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Services Providers Register (FSPR), FSPR number: FSP403326 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 |
| Founded | 2014 | 2008 |
| Country | New Zealand | Israel |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Blackbull Markets and Plus500, directly affecting your bottom line as a trader. Plus500 has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Blackbull Markets). Blackbull Markets charges withdrawal fees while Plus500 does not, a notable advantage for frequent withdrawers. Plus500 applies inactivity fees on dormant accounts; Blackbull Markets does not. Blackbull Markets charges deposit fees; Plus500 does not. Overall, Plus500 scores higher on fees in our assessment.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Blackbull Markets offers MT4, MT5, cTrader, while Plus500 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Plus500 supports social and copy trading features, which Blackbull Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,MT5,mac,Android.iPhone/iPad | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blackbull Markets and Plus500 compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blackbull Markets accepts 3 of the tracked payment methods (credit/debit card, Skrill, Neteller), while Plus500 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Blackbull Markets uniquely supports Neteller among the two brokers. Plus500 uniquely supports bank transfer and PayPal among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blackbull Markets and Plus500 offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 15 languages. Both brokers are comparable on support quality.
| Feature | Blackbull Markets | Plus500 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |