Plus500
the share centre
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Plus500 was founded in 2008 and is headquartered in Israel, while the share centre was established in 2019 and is based in Bulgaria. Plus500 holds licences including Plus500UK Ltd authorized & regulated by the FCA (#509909), while the share centre is regulated by Financial Conduct Authority (FCA) among others. Plus500 serves 1,000,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $100 at Plus500 and $250 at the share centre.
| Feature | Plus500 | the share centre |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | 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 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F322 |
| Founded | 2008 | 2019 |
| Country | Israel | Bulgaria |
| Clients | 1,000,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Plus500 and the share centre, directly affecting your bottom line as a trader. Plus500 has a lower barrier to entry with a minimum deposit of $100 (vs $250 at the share centre). the share centre charges withdrawal fees while Plus500 does not, giving Plus500 an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. the share centre charges deposit fees; Plus500 does not. Overall, Plus500 scores higher on fees in our assessment.
| Feature | Plus500 | the share centre |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Plus500 offers MT4, MT5, cTrader, while the share centre 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 | Plus500 | the share centre |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Plus500 and the share centre compare. Plus500 runs regular live webinars; the share centre does not. Both provide video tutorials. Plus500 publishes daily market commentary; the share centre does not. Both integrate third-party research tools. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | Plus500 | the share centre |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Plus500 accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | Plus500 | the share centre |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Plus500 and the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Plus500 supports 15 languages and the share centre supports 8, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Plus500 | the share centre |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |