Baker Young Stockbrokers
Plus500
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Overview
Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while Plus500 was established in 2008 and is based in Israel. Baker Young Stockbrokers holds licences including Unregulated, while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; Plus500 has 1,000,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $100 at Plus500.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Unregulated | 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 | 2017 | 2008 |
| Country | Australia | Israel |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Baker Young Stockbrokers 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 Baker Young Stockbrokers). Baker Young Stockbrokers charges withdrawal fees while Plus500 does not, a notable advantage for frequent withdrawers. Plus500 applies inactivity fees on dormant accounts; Baker Young Stockbrokers does not. Baker Young Stockbrokers charges deposit fees; Plus500 does not. Overall, Plus500 scores higher on fees in our assessment.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Baker Young Stockbrokers offers MT4, MT5, cTrader, while Plus500 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Baker Young Stockbrokers and Plus500 compare. Plus500 runs regular live webinars; Baker Young Stockbrokers does not. Plus500 has a video library; Baker Young Stockbrokers does not. Plus500 publishes daily market commentary; Baker Young Stockbrokers does not. Plus500 integrates third-party research tools (Trading Central, Autochartist); Baker Young Stockbrokers does not. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Baker Young Stockbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Plus500 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Plus500 uniquely supports PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Baker Young Stockbrokers and Plus500 offer live chat support. Both provide phone support. Email support is available at both brokers. Baker Young Stockbrokers supports 2 languages and Plus500 supports 15, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Baker Young Stockbrokers | Plus500 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |