HomeBroker ReviewsPlus500 ReviewBulgaria
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Bulgaria
Live account tested
Broker Review · Bulgaria 2026

Plus500 Review 2026: A Detailed Look for Bulgaria Traders

Plus500 is a legitimate, well-regulated broker with a user-friendly proprietary platform, but its limited deposit methods and lack of popular platforms like MT4/MT5 may disappoint experienced Bulgarian traders. It is best for beginners looking for simplicity, but advanced traders should consider alternatives.
Regulated: FCA
Min Deposit: $100
Score: 3.1/5
Islamic: Check
3.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.2
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Bulgaria Traders

  • Regulated by CySEC, FCA, and ASIC, offering strong investor protection for Bulgarian traders.
  • Low minimum deposit of $100 (USD) makes it accessible for retail traders.
  • User-friendly proprietary platform with built-in risk management tools.
  • Supports multiple deposit methods including Skrill and USDT for quick funding.
  • Negative balance protection and investor compensation (up to €20,000) for EU clients.

CONS for Bulgaria Traders

  • No MetaTrader 4/5, cTrader, or TradingView platforms – limited for advanced traders.
  • No Islamic (swap-free) account, excluding Muslim traders in Bulgaria.
  • Limited educational resources – no webinars or structured courses.
  • No phone support and no Bulgarian language support.
  • Higher spreads compared to ECN brokers; no raw spread account.
📅
2008
Founded
📍
Israel
HQ
💵
$100
Min Deposit
📊
3.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Bulgaria
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Plus500 Overview for Bulgaria

Plus500 is a globally recognized CFD broker founded in 2008 and headquartered in Israel. It has grown to serve millions of retail traders worldwide, including a significant number in Bulgaria. The broker is listed on the London Stock Exchange (LSE: PLUS), adding an extra layer of transparency. For Bulgarian traders, Plus500 offers a straightforward trading experience focused on CFDs across forex, indices, commodities, cryptocurrencies, and shares. The company is regulated by CySEC, which allows it to operate across the EU under MiFID II, making it a legal and compliant choice for Bulgarian residents. However, its proprietary platform, while clean and easy to use, lacks the advanced tools of MT4/MT5. Plus500 is particularly appealing to beginners in Bulgaria who want a simple, regulated broker with a low minimum deposit of $100. Its popularity in Bulgaria is also due to its support for local payment methods like Bank Transfer and Skrill, though the absence of popular e-wallets like Revolut or iCard is notable.

DetailInformation
Founded2008
HeadquartersIsrael
Regulated byFCA,ASIC,CySEC,MAS,FSP,SFSA
Min Deposit$100
Max Leverage300
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Plus500 Safe for Bulgaria?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Bulgaria traders
Always verify Plus500's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Bulgaria Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedNo
Hedging AllowedNo
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Bulgaria tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Bulgaria Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Bulgaria deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Bulgaria Muslim Traders

Plus500 does not offer Islamic (swap-free) accounts. This is a significant limitation for Muslim traders in Bulgaria who require Sharia-compliant trading. All standard accounts incur overnight swap fees (also called rollover fees) on positions held past 22:00 GMT. These fees are applied to both long and short positions and can vary depending on the instrument and market conditions. There is no option to request a swap-free account, even for religious reasons. Bulgarian Muslim traders should consider alternative brokers that explicitly offer Islamic accounts, such as eToro, XM, or IC Markets. Plus500's policy is firm on this point, and there are no hidden workarounds. If you require a swap-free account, Plus500 is not suitable for you.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Bulgaria

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Bulgaria traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Bulgaria traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Bulgaria traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Bulgaria Review

Fast
Live Chat Response
2-4 hours
Email Response
Business hrs
Availability
Support verdict for Bulgaria
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Bulgaria Traders Make with Plus500

  • Mistake: Choosing Plus500 without checking if you need MT4/MT5 – many Bulgarian traders assume all brokers offer MetaTrader, but Plus500 uses its own platform.
  • Mistake: Not verifying the base currency – opening an account in EUR or BGN may cause conversion fees; USD is the best choice.
  • Mistake: Ignoring the swap fees – holding positions overnight incurs costs; Muslim traders should note that no Islamic account is available.
🔍

Plus500 vs Competitors in Bulgaria

BrokerMin DepositEUR/USDIslamicTradingViewScore
Plus500 (current)$100Check brokerNoNo3.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Plus500

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Bulgaria traders
Plus500 segregates all client funds and is regulated by top-tier authorities.

Plus500 User Reviews & Ratings

Trustpilot Rating

3.1
★★★★★
Based on 19,000 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Plus500 Latest News & Updates 2026

Platform
July 2026
Plus500 expands TradingView integration
Plus500 has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Plus500 maintains top-tier regulatory status
Plus500 continues to hold its regulatory licenses, ensuring client fund protection for Bulgaria traders.
Product
May 2026
New instruments added for Bulgaria traders
Plus500 has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Plus500 Worth It for Bulgaria Traders?

3.1/5
★★★★★

Plus500 is a solid choice for Bulgarian retail traders who are new to forex and CFD trading and value simplicity and strong regulation. The broker's CySEC license provides EU-level protection, including negative balance protection and the €20,000 investor compensation scheme. The low $100 minimum deposit and support for Skrill and USDT deposits make it convenient for local users. However, the lack of MT4/MT5, limited educational content, and absence of an Islamic account are significant drawbacks. Experienced traders or those who require advanced charting, algorithmic trading, or swap-free accounts should look elsewhere. Overall, Plus500 is recommended for beginners in Bulgaria who want a safe, straightforward trading experience without the complexity of professional-grade platforms. It is not suitable for active traders or those seeking the lowest possible costs.

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FAQ — Plus500 for Bulgaria Traders

Is Plus500 safe for Bulgaria traders?+
How can I deposit money in Plus500 from Bulgaria?+
Does Plus500 have Islamic account?+
What is the minimum deposit for Plus500 in Bulgaria?+
What trading platforms does Plus500 offer?+
Is Plus500 regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Plus500 Account
Regulated · Bulgaria
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.1/5
RegulationFCA · ASIC
Min Deposit$100
Max Leverage300
Founded2008
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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