FX-Brokers.eu
Menu
Trusted by traders25 brokers tested2,470+ pages indexedIndependent since 2024Updated daily

Trading 212 vs BlackBull Markets

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

T2
Trading 212
Est. 2004 · London, UK
8.9
VS
BM
BlackBull Markets
Est. 2014 · Auckland, New Zealand
8.3

Quick Verdict

Trading 212
5 categories won
Tied
0 categories
BlackBull Markets
2 categories won

Trading 212 scores higher overall at 8.9/10 vs 8.3/10.

Score Comparison

OverallTrading 212 wins
Trading 2128.9
BlackBull Markets8.3
Fees & CostsTrading 212 wins
Trading 2129.2
BlackBull Markets9.0
PlatformsBlackBull Markets wins
Trading 2128.6
BlackBull Markets8.8
RegulationTrading 212 wins
Trading 2129.2
BlackBull Markets7.8
ExecutionBlackBull Markets wins
Trading 2128.8
BlackBull Markets9.2
SupportTrading 212 wins
Trading 2128.5
BlackBull Markets8.0
EducationTrading 212 wins
Trading 2128.4
BlackBull Markets7.0
InstrumentsTrading 212 wins
Trading 2129.0
BlackBull Markets8.5

Trading Conditions

ConditionTrading 212BlackBull Markets
Min Deposit€1None
EUR/USD Spread0.9 pips average0.0 pips (ECN Prime), 0.8 pips (Standard)
CommissionNone (spread-only on CFDs, zero commission on stocks/ETFs)$3.00 per lot per side (ECN Prime), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)300:1500:1
Swap-FreeNoYes
Withdrawal FeeFreeFree

Platform Comparison

Trading 212 Platforms

  • Trading 212 Web
  • Trading 212 App
Account Types:

Invest, CFD, ISA (UK only)

BlackBull Markets Platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Account Types:

Standard, ECN Prime, ECN Institutional

Regulation & Safety

Trading 212 Regulation

FCAUKCySECCyprusFSCBulgaria
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000 (CySEC) / FSCS up to GBP 85,000 (UK)

BlackBull Markets Regulation

FMANew ZealandFSASeychelles
ESMA CompliantNo
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

No EU compensation scheme (NZ-regulated)

Overall Verdict

WinnerTrading 2128.9

Trading 212 takes the overall win with a score of 8.9 vs 8.3, winning 5 out of 7 individual categories compared to BlackBull Markets's 2.

In terms of costs, Trading 212 also leads on fees. On the regulatory front, Trading 212 and offers stronger regulatory protection.

Choose Trading 212 if you prioritise its strengths in the categories where it leads. Choose BlackBull Markets if you value the specific areas where it scores higher, such as platforms and execution.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.