Chase Bank
Plus500
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Overview
Chase Bank was founded in 1975 and is headquartered in United States, while Plus500 was established in 2008 and is based in Israel. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. Chase Bank serves 10,000+ clients worldwide; Plus500 has 1,000,000+. Both brokers share the same minimum deposit of $100.
| Feature | Chase Bank | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | 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 | 1975 | 2008 |
| Country | United States | Israel |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Chase Bank and Plus500, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. Plus500 applies inactivity fees on dormant accounts; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.
| Feature | Chase Bank | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Chase Bank 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 Chase Bank does not offer. The two brokers are closely matched on platform offering.
| Feature | Chase Bank | Plus500 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone/iPad,Mac | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Chase Bank 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 | Chase Bank | 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. Chase Bank 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 | Chase Bank | 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 Chase Bank and Plus500 offer live chat support. Both provide phone support. Email support is available at both brokers. Chase Bank supports 2 languages and Plus500 supports 15, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Chase Bank | 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 |