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Do you want to know which is the better broker between Plus500 and BlackBull ?
In the table below, you can compare the features of Plus500 , BlackBull side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of plus500, blackbull-markets lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Plus500 Review Summary of 10 Points | |
Founded | 2008 |
Headquarters | Israel |
Regulation | FCA, CySEC, ASIC, FMA, MAS |
Market Instruments | forex, cryptocurrencies, stocks, indices, commodities, and options |
Demo Account | Available |
Leverage | 1:30 (forex), 1:20 (indices), 1:10 (commodities), 1:2 (cryptocurrencies), 1:5 (stocks) |
EUR/USD Spread | 0.5 pips |
Trading Platforms | own proprietary trading platform (desktop, web, and mobile) |
Minimum deposit | $/€/£100 |
Customer Support | 24/7 email, WhatsApp and live chat |
Plus500 is an online trading platform that offers Contracts for Difference (CFDs) on a range of financial instruments including stocks, forex, commodities, cryptocurrencies, options, and indices. The platform was founded in 2008 and is headquartered in Israel, with additional offices in the UK, Cyprus, Australia, and Singapore. Plus500 is authorized and regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Australian Securities and Investments Commission (ASIC) in Australia. The platform is available in more than 50 countries and supports over 30 languages.
Plus500 is a CFD (Contracts for Difference) broker, which means that it offers trading on derivatives based on various financial assets without actually owning the underlying assets. Traders can speculate on the price movements of assets such as stocks, forex, commodities, cryptocurrencies, and indices without having to buy or sell the assets themselves. As a CFD broker, Plus500 allows traders to take both long and short positions, and offers leverage which can increase potential profits (and losses).
Plus500 is a good option for traders looking for a user-friendly platform to trade a wide range of markets and instruments, with competitive spreads and no commissions.
However, traders who require advanced charting tools, educational resources, and alternative trading platforms may need to consider other brokers.
Pros | Cons |
• Simple and easy-to-use trading platform | • Limited product offering |
• Commission-free trading | • Limited research and educational tools |
• Tight spreads | • No support for MetaTrader platform |
• Negative balance protection | • Limited customer support options |
• Regulated by reputable financial authorities | • No phone support |
• Free demo account | • Withdrawal fees for some payment methods |
• Limited trading tools and features |
Note that the information presented in the table is based on general observations and may vary depending on individual circumstances and preferences.
There are many alternative brokers to Plus500, and the best one for you will depend on your individual trading needs and preferences. Here are some popular alternatives to Plus500:
eToro: eToro is a social trading platform that allows you to copy the trades of other traders. It offers a wide range of trading instruments and has a user-friendly platform.
IG: IG is a well-established broker that offers a wide range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.
XM: XM is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.
Pepperstone: Pepperstone is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.
IC Markets: IC Markets is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.
It's important to do your own research and compare the features and fees of different brokers before making a decision.
Plus500 is considered legitimate as it is authorized and regulated by several top-tier financial authorities, including the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Plus500 is also publicly traded on the London Stock Exchange, which provides additional transparency and accountability. The broker has been in operation since 2008 and has a large and established customer base. However, it is worth noting that no broker is entirely risk-free, and traders should always do their own due diligence before depositing funds with any broker.
Plus500 takes several measures to ensure the safety and protection of its clients, and the fact that it is a regulated broker provides additional reassurance to clients. Here is a table outlining how Plus500 protects its clients:
Protection Measure | Detail |
Segregated Funds | Client funds are kept separate from company funds |
Negative Balance Protection | Clients can't lose more than their account balance |
Risk Management Tools | Stop loss, limit order and other tools to help manage risk |
Account Verification | Rigorous account verification process to prevent fraud and unauthorized access |
SSL Encryption | Secure Socket Layer (SSL) encryption used for all communication and data transfer |
Regulatory Oversight | Regulated by multiple reputable financial authorities |
Investor Compensation Fund | Eligible clients may receive compensation in the event of insolvency or bankruptcy |
Note: This table provides a brief overview of Plus500's client protection measures and is not exhaustive. Clients should always refer to Plus500's official website and legal documents for complete and up-to-date information.
Overall, Plus500 appears to be a reliable broker with a strong emphasis on client protection. The company is regulated by multiple reputable financial authorities, has a robust risk management system in place, and offers negative balance protection to clients. Plus500 also uses encryption technology to protect clients' personal and financial information.
However, it is important to note that no broker is completely risk-free, and clients should always carefully consider their investment goals and risk tolerance before trading with any broker.
Plus500 offers a wide range of trading instruments including:
Forex pairs - major, minor, and exotic currency pairs
Stocks - CFDs on stocks from various international markets
Indices - CFDs on major stock indices like S&P 500, Nasdaq, FTSE 100, and more
Commodities - CFDs on precious metals, energies, and agricultural products
Cryptocurrencies - CFDs on popular digital currencies like Bitcoin, Ethereum, Litecoin, and more
Plus500 offers two types of accounts: a live trading account and a demo account.
The live trading account requires a minimum deposit of $100 and provides access to real-time market prices and trading in over 2,000 instruments. Traders can use leverage of up to 1:30 for retail clients and up to 1:300 for professional clients. The live account offers various features such as stop loss, take profit, and guaranteed stop loss orders. There are no commissions charged on trades. Instead, the company earns money through the bid-ask spread.
The demo account is free and allows traders to practice trading using virtual funds with access to the same trading instruments as the live account. It is a great way for traders to learn how the platform works, practice trading strategies, and get familiar with trading instruments before investing real money. The demo account is available for unlimited time and can be used to test new trading strategies without the risk of losing real money.
Plus500 offers leverage for different financial instruments. The maximum leverage offered depends on the instrument and the jurisdiction where the trader is located. In general, the leverage for forex trading can be up to 1:30 for retail clients in the European Union, and up to 1:300 for professional clients.
For other instruments, such as stocks, commodities, and cryptocurrencies, the leverage can vary between 1:5 and 1:30 for retail clients, and up to 1:300 for professional clients.
It's important to note that higher leverage can amplify both profits and losses, and traders should use it with caution and proper risk management.
Plus500 offers floating spreads on all trading instruments, meaning the spreads can fluctuate based on market conditions. The spreads can start from as low as 0.5 pips for major currency pairs like EUR/USD. Plus500 does not charge any commission on trades, and their revenue comes solely from the spreads offered.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
Plus500 | 0.5 pips | No |
eToro | 1.0 pips | No |
IG | 0.75 pips | Yes |
XM | 1.6 pips | No |
Pepperstone | 0.16 pips | Yes |
IC Markets | 0.1 pips | Yes |
Note that spreads and commissions are subject to change and can vary depending on the account type, trading platform, and other factors. Traders should always check the broker's website for the most up-to-date and accurate information.
The Plus500 trading platform is an in-house developed web-based platform that can be accessed directly from the Plus500 website. The platform is user-friendly and intuitive, making it easy for traders to navigate and trade various financial instruments. It is also available in several languages.
The Plus500 trading platform offers several advanced features, including price alerts, real-time charts, and technical analysis tools. The platform also includes a demo account that traders can use to practice trading without risking any real money.
Overall, the Plus500 trading platform is well-designed and functional, but it may lack some of the advanced features found in other trading platforms. See the trading platform comparison table below:
Broker | Trading Platforms |
Plus500 | Plus500 WebTrader, Plus500 Windows Trader, Plus500 mobile app |
eToro | eToro WebTrader, eToro mobile app |
IG | IG Trading Platform, IG mobile app |
XM | MetaTrader 4, MetaTrader 5, XM WebTrader, XM mobile app |
Pepperstone | MetaTrader 4, MetaTrader 5, cTrader, Pepperstone mobile app |
IC Markets | MetaTrader 4, MetaTrader 5, cTrader, IC Markets mobile app |
Plus500 offers several deposit and withdrawal methods, including:
Credit/debit card (Visa or Mastercard)
PayPal
Bank transfer
Electronic wallets (Skrill, Neteller)
It's worth noting that the availability of certain payment methods may vary depending on your location.
Plus500 does not charge deposit or withdrawal fees, but some payment providers may charge transaction fees, which should be checked with the provider directly. Plus500 also requires users to withdraw funds using the same payment method that was used for depositing funds, up to the deposited amount. Any excess profits can be withdrawn using any other payment method supported by Plus500.
The minimum deposit requirement for Plus500 varies depending on the jurisdiction and the account type. In general, the minimum deposit ranges from $100 to $1,000. For example, in the UK, the minimum deposit is £100. In Australia, it is AUD 100, and in the EU, it is €100. It is recommended to check the specific minimum deposit requirement for your country and account type on the Plus500 website.
Plus500 | Most other | |
Minimum Deposit | $/€/£100 | $/€/£100 |
To withdraw funds from Plus500, you need to follow these steps:
Step 1: Log in to your Plus500 account and click on the “Funds Management” tab.
Step 2: Click on “Withdrawal” and select your preferred withdrawal method.
Step 3: Enter the amount you wish to withdraw and any additional information required for the withdrawal method you have chosen.
Step 4: Click on “Submit” to initiate the withdrawal process.
It is worth noting that Plus500 may require additional documentation or information to verify your identity before processing your withdrawal request. The processing time for withdrawals may also vary depending on your chosen withdrawal method.
Plus500 charges overnight funding fees for holding positions overnight. There are no fees for deposits and withdrawals, and inactivity fees only apply after three months of inactivity.
The overnight funding fee is a cost incurred for holding positions overnight and can be a credit or debit to your account depending on the direction of the position and the prevailing interest rates. The funding rate varies based on the instrument traded.
It is important to note that Plus500 may also charge additional fees for certain actions like guaranteed stop-loss orders or currency conversions.
Overall, while the fees for Plus500 are relatively low, traders should be aware of the potential for higher overnight funding fees, as well as any additional fees that may apply for certain actions.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
Plus500 | Free | $5-$10 | $10/month |
eToro | Free | $5 | $10/month |
IG | Free | Free | $18/month |
XM | Free | Free | $5/month |
Pepperstone | Free | Free | $0 |
IC Markets | Free | $3.5 | $0 |
Plus500 offers customer service through email, WhatsApp and live chat. The live chat is available 24/7, while email and WhatsApp support is available during business hours. Plus500 also provides an extensive FAQ section on their website, which covers many commonly asked questions about their services and trading platform.
You can also follow Plus500 on some social networks such as Facebook, Twitter and Instagram.
Overall, Plus500's customer service is considered to be adequate, with prompt responses and helpful support staff. However, some users have reported difficulty reaching support during busy times or experiencing long wait times for responses to their queries.
Pros | Cons |
• 24/7 customer support via live chat | • No phone support available |
• Multilingual support | • Sometimes response is not prompt |
• User-friendly help center and FAQ section |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Plus500's customer service.
Plus500 provides an educational section on their website, which includes video tutorials, a demo account, and a FAQ section. The educational resources cover topics such as trading basics, technical analysis, and risk management. However, the educational content is relatively limited compared to some other brokers and may not be sufficient for beginners looking to learn about trading.
Overall, Plus500 is a reputable and reliable online broker that offers a user-friendly trading platform, competitive spreads, and a wide range of trading instruments. It has a strong regulatory framework and offers various measures to protect its clients. Plus500 also provides excellent customer service with a 24/7 support team available via live chat.
However, Plus500 does have some drawbacks, such as limited educational resources, lack of a dedicated account manager, and a relatively high inactivity fee. Additionally, the broker's trading platform may not be suitable for advanced traders who require advanced charting tools and features.
In summary, Plus500 is an excellent option for beginner traders who are looking for a straightforward and easy-to-use trading platform with a low minimum deposit requirement. It is also a good choice for experienced traders who prioritize a strong regulatory framework and reliable customer service over advanced trading features.
Q 1: | Is Plus500 regulated? |
A 1: | Yes. Plus500 is regulated by FCA, CySEC, ASIC, FMA, and MAS. |
Q 2: | Does Plus500 offer demo accounts? |
A 2: | Yes. |
Q 3: | Does Plus500 offer industry-standard MT4 & MT5? |
A 3: | No. Instead, Plus500 offers its own proprietary trading platform (desktop, web, and mobile). |
Q 4: | What is the minimum deposit for Plus500? |
A 4: | The minimum initial deposit to open an account is $/€/£100. |
Q 5: | Is Plus500 a good broker for beginners? |
A 5: | Yes. Plus500 is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
BlackBull Review Summary in 10 Points | |
Founded | 2014 |
Registered Country/Region | Auckland, New Zealand |
Regulation | FMA |
Market Instruments | forex, energy, indices, cryptocurrencies, equities and metals |
Demo Account | Available |
Leverage | 1:500 |
EUR/USD Spread | From 0.0 pips |
Trading Platforms | TradingView, MT4, MT5, BlackBull Trader and BlackBull Shares |
Minimum deposit | $0 |
Customer Support | 24/7 live chat, phone, email |
BlackBull is an STP (Straight Through Processing) forex broker that provides online trading services to retail and institutional clients. The company was founded in 2014 and is headquartered in Auckland, New Zealand. BlackBull is regulated by the Financial Markets Authority (FMA) of New Zealand and offers over 26,000 tradable instruments including forex, energy, indices, cryptocurrencies, equities, and metals. The broker provides clients with multiple trading platforms such as MetaTrader 4/5 and various trading tools. The company also provides educational resources to assist traders in their trading journey.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
BlackBull appears to be a reliable and well-regulated broker that offers a wide range of trading instruments, platforms, and educational resources. The broker's emphasis on security and transparency, such as offering segregated accounts and holding funds in Tier 1 New Zealand banks, is also a positive aspect.
However, there have been some negative reviews regarding difficulties in withdrawing funds and claims of the broker being a scam, which is a cause for concern.
Pros | Cons |
• Regulated by FMA | • Negative reviews from clients regarding withdrawal issues |
• Wide range of tradable instruments | • Limited range of payment options |
• Demo accounts available | |
• Multiple trading platforms and tools | |
• No minimum deposit requirement | |
• Rich educational resources |
It's important to note that this is just a general overview of the pros and cons, and individual experiences may vary.
There are many alternative brokers to BlackBull depending on the specific needs and preferences of the trader. Some popular options include:
UFX - provides a user-friendly trading platform and a wide range of educational materials, but there are some concerns about its regulation and customer service.
Valutrades - offers competitive spreads and multiple account types, but its product offerings are limited and its customer service could be improved.
Z.com Trade - offers low spreads and no deposit or withdrawal fees, but its product offerings are limited and it is only regulated in one jurisdiction.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
It's difficult to make a definitive determination on whether BlackBull is safe or a scam as there is no clear consensus on the matter. While the broker is regulated by the Financial Markets Authority and claims to hold client funds in safe, Tier 1 New Zealand-based banks with segregated accounts, the negative reviews from some clients who report issues with withdrawing their funds raise concerns. It's important for individuals to conduct their own research, carefully evaluate the broker's features and services, and exercise caution when investing their money.
BlackBull offers a diverse range of 26,000+ financial instruments across various asset classes, including forex, energy, indices, cryptocurrencies, equities, and metals. Traders have access to a wide range of currency pairs, including majors, minors, and exotics, and can also trade popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Additionally, the broker provides access to a variety of equity CFDs, including those from major markets like the US, Europe, and Asia. Traders can also trade popular indices like major US and the NASDAQ, as well as energy products like crude oil and natural gas. Lastly, BlackBull provides access to precious metals like gold and silver, which are often used as safe-haven assets during times of market volatility. Therefore, both beginners and experienced traders can find what they want to trade on BlackBull.
Demo Account: BlackBull provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: BlackBull offers a total of 3 account types: ECN Standard, ECN Prime and ECN Institutional. The minimum deposit to open an account is $0, $2,000 and $20,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, the ECN Standard account will be the most suitable option for you.
BlackBull offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.
BlackBull spreads and commissions depend on the account type. We can see that the spread starts from 0.8 pips on the ECN Standard account, from 0.1 pips on the ECN Prime account, while only the ECN Institutional account can enjoy raw spreads from 0.0 pips.
There is no commission for the ECN Standard account, a commission of 6 USD per lot for the ECN Prime account and 4 USD per lot for the ECN Institutional account.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
BlackBull | 0.8 pips | No commission (Standard) |
UFX | 2.0 pips | No commission |
Valutrades | 0.5 pips | $7 per lot round turn (ECN Pro) |
Z.com Trade | 0.5 pips | No commission (Standard) |
Note: Spreads can vary depending on market conditions and volatility.
As for the trading platform, BlackBull provides its clients with many options. There are public platforms including TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), BlackBull Trader, and BlackBull Shares.
TradingView is a popular charting and social trading platform that allows traders to connect with other traders, access a wide range of charting tools, and share trading ideas. MT4 and MT5 are well-known platforms in the forex industry, offering advanced charting capabilities, customizable indicators, and algorithmic trading options. BlackBull Trader is a proprietary platform developed by BlackBull that offers advanced charting and trading tools, while BlackBull Shares is a social trading platform that allows clients to automatically copy the trades of experienced traders.
Overall, BlackBull's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platforms |
BlackBull | TradingView, MT4, MT5, BlackBull Trader, BlackBull Shares |
UFX | ParagonEx, MT4, UFX Trader |
Valutrades | MT4, MT5, FIX API Trading, ValuMax |
Z.com Trade | MT4, MT5, Z.com Trader, Z.com Web Trader |
BlackBull offers Virtual Private Server (VPS) trading to its clients, which is a useful tool for traders who use automated trading strategies or expert advisors. The broker also provides access to other trading tools such as FIX API Trading, which allows traders to connect their own custom software to the BlackBull liquidity pool, as well as Autochartist, which provides market analysis and trading signals. ZuluTrade and MyFxbook are also available for those who want to follow and copy trades of other successful traders. Overall, BlackBull offers a range of trading tools to assist traders in their trading activities.
BlackBull offers its clients multiple options for depositing and withdrawing funds, including bank wire, POLi, and credit/debit card (Visa/MasterCard). The base currencies are USD and NZD.
No minimum deposit requirement. No fees for deposits and withdrawals. Most deposits are processed instantly, while withdrawals are typically processed within 24 hours.
BlackBull | Most other | |
Minimum Deposit | $0 | $100 |
See the deposit & withdrawal fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
BlackBull | None | None |
UFX | None | $50-$100 |
Valutrades | None | None |
Z.com Trade | None | None |
Note: The above information is subject to change and may vary based on the payment method used. It's always recommended to check with the broker for the most up-to-date and accurate fee information.
To withdraw funds from your account, visit the “My Wallet” tab found on the left-hand side of the portal.
Find the ‘WITHDRAW FUNDS’ tab along the top of this portal page. Within this tab, you will be presented with a 4-step process to request a withdrawal.
Step 1: Select the method by which you want to make a withdrawal. Only methods that you are approved to use will show up as an option to select.
Step 2: Select the wallet from which you want to make a withdrawal. Please note: Each withdrawal request is restricted to one wallet.
Step 3: Specify the amount you want to withdraw.
Step 4: Finally, confirm your request within the Secure Client Area, and the status of your request will change to pending.
Below are the details about the customer service.
Languages: English, Spanish, French, Chinese, German, Portuguese, Italian, Thai language, Korean, Arabic, Vietnamese, etc.
Service Hour: 24/7
Live chat
Email: support@blackbull.com
Phone: +64 9 558 5142
Address: BlackBull Markets, Level 20, 188 Quay Street, Auckland, 1010
Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter, WhatsApp and Telegram
Overall, BlackBull's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• 24/7 live chat support | • No option for call back requests |
• Multilingual support | |
• Social media presence for easy communication | |
• Quick response time to customer inquiries |
Note: The information is based on online research and may be subject to change.
A series of educational resources is available at BlackBull, such as webinars, market analysis, and trading videos that cover various topics related to trading.
The educational materials are categorized based on the clients level of experience, with Forex Beginner, Forex Intermediate, and Forex Advanced categories. The educational articles cover a wide range of topics, from the basics of trading to advanced strategies and technical analysis. These resources are designed to help traders develop a better understanding of the markets and improve their trading skills, which can ultimately lead to more successful trades.
On our website, you can see that some users have reported unable to withdraw and scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Based on the information provided, BlackBull appears to be a well-regulated broker that offers a wide range of tradable instruments across multiple asset classes, as well as a variety of trading platforms and tools. The broker's educational resources and customer service are also noteworthy.
However, there are some negative reviews from clients regarding difficulty with withdrawals and accusations of being a scam platform, so traders should proceed with caution and do their own research before investing with BlackBull.
Q 1: | Is BlackBull regulated? |
A 1: | Yes. It is regulated by Financial Markets Authority(FMA) in New Zealand. |
Q 2: | Does BlackBull offer demo accounts? |
A 2: | Yes. |
Q 3: | How much leverage does this broker offer? |
A 3: | The maximum leverage of BlackBull is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information. |
Q 4: | Does this broker offer copy trading or social trading? |
A 4: | Yes. BlackBull offers both of them. |
Q 5: | Does BlackBull offer the industry-standard MT4 & MT5? |
A 5: | Yes. It supports TradingView, MT4, MT5, BlackBull Trader and BlackBull Shares. |
Q 6: | What is the minimum deposit for BlackBull? |
A 6: | There is no minimum initial deposit requirement. |
Q 7: | Is BlackBull a good broker for beginners? |
A 7: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive plus500 and blackbull-markets are, we first considered common fees for standard accounts. On plus500, the average spread for the EUR/USD currency pair is -- pips, while on blackbull-markets the spread is EURUSD average is 0.2; Gold average is 0.2.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
plus500 is regulated by ASIC,FSA,CYSEC,FCA,FMA,MAS. blackbull-markets is regulated by FMA,FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
plus500 provides trading platform including -- and trading variety including --. blackbull-markets provides trading platform including ECN STANDARD,ECN PRIME,ECN INSTITUTIONAL and trading variety including --.