Plus500 vs Blitzbrokers, Who's The Best?
Read our In-Depth Plus500 vs Blitzbrokers Review - for 2024
This Plus500 vs Blitzbrokers review has been refreshed for 2024 by knowledgeable insiders boasting years of expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Plus500 vs Blitzbrokers does not apply to all countries as follows:
Plus500 Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Blitzbrokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Plus500 vs Blitzbrokers
Every trading platforms feature some pros and cons, and a complete Plus500 and Blitzbrokers review should not be complete without adopting an objective perspective.
Examine Blitzbrokers and Plus500 to understand the way they line up to each prior to you choose to make an account. Conducting a comprehensive comparison will put things in perspective to ensure that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between Plus500 or Blitzbrokers. Who should you choose?
This Plus500 vs Blitzbrokers comparison contains the latest information so you can easily compare Blitzbrokers against Plus500.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will acquire proficient at all the concepts of broker as you keep trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. Plus500 and Blitzbrokers are just two such stages that will take you along with your investment to great heights. It's crucial to compare Plus500 vs Blitzbrokers until you trust them with your money.
Our Plus500 vs Blitzbrokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Plus500 and Blitzbrokers side by side.
Our full Plus500 vs Blitzbrokers Review covers all you need to learn about trading using either Plus500 or Blitzbrokers. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire method to ensure profits; therefore, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
Plus500 and Blitzbrokers are both brokers which have paved their way successfully to the broker world. In this review, we've tried to collate some of the important facets of both Plus500 and Blitzbrokers. This review will allow you to know whether either Blitzbrokers or Plus500 is a fantastic fit for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of Plus500 and Blitzbrokers Compared
Plus500 has a minimum deposit of $100 while Blitzbrokers offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Plus500 and Blitzbrokers compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Plus500 has around 2,000 financial instruments while Blitzbrokers has around 2,000 financial instruments on their platform.
The more instruments you can trade on the Plus500 and Blitzbrokers trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Plus500 or Blitzbrokers.
Plus500 and Blitzbrokers Contact Details
Being able to contact your broker simply is important. Plus500 and Blitzbrokers have the following contact details and social medias that you can use.
Broker | Plus500 | Blitzbrokers |
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Telephone Number | +972 4-818-9503 | |
Address | Bldg 25 Matam, Haifa, Haifa, Israel | |
Plus500 Twitter Account | Blitzbrokers Twitter Account | |
Plus500 Facebook Page | Blitzbrokers Facebook Page | |
Plus500 Instagram Account | Blitzbrokers Instagram Account | |
Plus500 LinkedIn Page | Blitzbrokers LinkedIn Page | |
YouTube | Plus500 YouTube Channel | Blitzbrokers YouTube Channel |
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Blitzbrokers and Plus500 Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Plus500 and Blitzbrokers will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Plus500 vs Blitzbrokers - Awards
Broker | Plus500 | Blitzbrokers |
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Awards |
Plus500 have won a lot of industry awards over the time they have been operating as an online trading platform. We show the most notable awards for Plus500 here.
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At the time of writing this Blitzbrokers review, and despite Blitzbrokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Plus500 vs Blitzbrokers - Frequently Asked Questions
Plus500 vs Blitzbrokers - Headquarters And Year Of Founding
Plus500 was founded in 2008 and has its head office in Israel.
Blitzbrokers was founded in 1982 and has its headquaters in Hong Kong.
What is the minimum deposit for Blitzbrokers or Plus500
The minimum deposit for Plus500 is $100.
The minimum deposit for Blitzbrokers is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Plus500 and Blitzbrokers are a good option.
Plus500 vs Blitzbrokers - Regulation And Licencing In More Detail
Plus500 is regulated by 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.
Blitzbrokers is regulated by Securities and Futures Commission (SFC).
Both Plus500 and Blitzbrokers have a powerful collection of rules for ensuring honest trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Plus500 vs Blitzbrokers Commission And Fees
Plus500 and Blitzbrokers are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three different types of fees for this objective.
The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are paying a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those that are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither Plus500 or Blitzbrokers charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by Plus500 and Blitzbrokers are comparatively greater. Consequently, you're billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This Plus500 vs Blitzbrokers review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Plus500 And Blitzbrokers
What Languages Do Plus500 And Blitzbrokers Support?
Being able to talk easily with your trading broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both Plus500 and Blitzbrokers support.
How Many Clients Do Plus500 and Blitzbrokers Have?
Both Plus500 and Blitzbrokers are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients Plus500 and Blitzbrokers have
What Payment Methods Do Plus500 and Blitzbrokers Accept?
Plus500 and Blitzbrokers both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Plus500 and Blitzbrokers
What Can You Trade With Plus500 and Blitzbrokers?
Plus500 offers 2,000 trading instruments and Blitzbrokers offers 59.
Below you will find a full breakdown of what both Plus500 and Blitzbrokers offer.
Plus500 Review
Plus500 vs Blitzbrokers:
Table Of Contents
- Compare Plus500 vs Blitzbrokers
- Benefits of Plus500 and Blitzbrokers Compared
- Blitzbrokers and Plus500 Mobile App Comparison
- Plus500 vs Blitzbrokers - Awards
- Plus500 vs Blitzbrokers - Frequently Asked Questions
- What is the minimum deposit for Blitzbrokers or Plus500
- Plus500 vs Blitzbrokers - Regulation And Licencing In More Detail
- Compare Broker Fees For Plus500 And Blitzbrokers
- What Languages Do Plus500 And Blitzbrokers Support?
- How Many Clients Do Plus500 and Blitzbrokers Have?
- What Payment Methods Do Plus500 and Blitzbrokers Accept?
- What Can You Trade With Plus500 and Blitzbrokers?