Webull
Plus500
Webull vs Plus500
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Webull and Plus500 are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Webull, founded in 2017 and headquartered in New York, USA, is regulated by ASIC and offers spreads starting from N/A with a minimum deposit of $0. Plus500, established in 2008 in Haifa, Israel, holds licenses from FCA, CySEC, ASIC, MAS with spreads from 0.8 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, Plus500 scored 7.8/10 overall compared to Webull's 7.5/10, making it the stronger pick for most traders. That said, Webull holds its own with lower trading costs and better trading platforms, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Plus500 scores 7.8/10 overall vs 7.5/10 for Webull — a 0.3-point difference.
- 💵
Webull requires just $0 to start, while Plus500 needs $100 — Webull is 100x more accessible.
- 📈
Webull offers 5,000+ instruments vs 2,800+ at Plus500 — a notable difference in market coverage.
- 🖥️
Webull runs on Webull App, while Plus500 uses Plus500 WebTrader, Plus500 App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Plus500 scores 9.0 vs 7.0 for Webull — a 2.0-point difference.
Our Verdict
Webull
Score: 7.5/10 · Wins 4 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
Plus500
Score: 7.8/10 · Wins 3 categories- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
Plus500 takes the lead with an overall score of 7.8/10 compared to 7.5/10, winning in 3 out of 8 scoring categories. Plus500 stands out for stronger regulation and smoother deposits & withdrawals, while Webull fights back with lower trading costs and better trading platforms.
Detailed Verdict
After testing both brokers with real accounts, Plus500 comes out ahead with a 7.8/10 overall rating, winning 3 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. Plus500 holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Webull is not without merit — it scores 7.5/10 overall and excels in Trading Costs (8.5/10), winning 4 categories. Traders who value lower trading costs or better trading platforms may find Webull the better fit. For a complete breakdown, read our full Plus500 review and Webull review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Webull wins by 1.0 points
Webull wins by 1.5 points
Plus500 wins by 2.0 points
Webull wins by 2.0 points
Webull wins by 1.5 points
Plus500 wins by 1.5 points
Plus500 wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.5/10 | 7.8/10 ✓ |
| Min Deposit Lower is better | $0 ✓ | $100 |
| Max Leverage | 1:5 | 1:300 |
| Spreads From | N/A | 0.8 pips |
| Platforms | Webull App | Plus500 WebTrader, Plus500 App |
| Regulation | ASIC | FCA, CySEC, ASIC, MAS |
| Founded Older track record highlighted | 2017 | 2008 ✓ |
| Markets | 5,000+ ✓ | 2,800+ |
Fees & Costs
When it comes to trading costs, Webull has the edge with a score of 8.5/10 versus 7.5/10 for Plus500. Webull offers spreads starting from N/A, while Plus500 starts from 0.8 pips. The minimum deposit at Webull is $0, compared to $100 at Plus500. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Webull scores 8.5/10 for platforms compared to 7/10 for Plus500. Webull provides Webull App, while Plus500 offers Plus500 WebTrader, Plus500 App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Webull is regulated by ASIC (Tier 1), while Plus500 holds licenses from FCA, CySEC, ASIC, MAS (Tier 1). Webull scores 7/10 and Plus500 scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Webull leads with 7.5/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Webull and Plus500 both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Webull offers 24/5 Live Chat, Email and scores 7/10, while Plus500 provides 24/7 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Webull scores 7/10 for deposits and withdrawals, while Plus500 scores 8.5/10. Webull accepts Bank Transfer, and Plus500 supports Bank Transfer, Credit Card, PayPal, Skrill. Processing times, fees, and available currencies vary. Webull requires a minimum deposit of $0 versus $100 for Plus500. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Webull if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
Choose Plus500 if you...
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Webull better than Plus500?
Plus500 scores higher overall (7.8/10 vs 7.5/10), winning 3 of 8 categories. However, Webull is stronger in lower trading costs and better trading platforms. The best choice depends on what matters most to your trading style.
Which has lower fees, Webull or Plus500?
Webull scores higher for trading costs. Webull offers spreads from N/A with a $0 minimum deposit, while Plus500 starts from 0.8 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Webull safe to trade with?
Webull is regulated by ASIC and scores 7/10 for regulation. Plus500 is regulated by FCA, CySEC, ASIC, MAS with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Webull or Plus500?
Webull scores 8.5/10 for platforms. Webull offers Webull App, while Plus500 provides Plus500 WebTrader, Plus500 App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Webull vs Plus500?
Webull requires a minimum deposit of $0, while Plus500 requires $100. Webull has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.