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Plus500 Futures vs. Webull – Which Broker is the Best for Your Trading Needs?

By DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using...

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Plus500 Futures and Webull are leading US futures brokers. Which one should you trust your portfolio with?

I have conducted an in-depth review of Plus500 Futures vs. Webull to determine which is the better overall choice and which traders will benefit most from either broker.

Headquarters
United StatesUnited States
Regulators
CFTCCFTC
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20222017
Execution Type(s)
Market MakerECN/STP
Minimum Deposit
$75 $0
Negative Balance Protection
Trading Platform(s)
Proprietary platform, Web-basedProprietary platform
Minimum Standard Spreads
0.5 pipsN/A
Minimum Commission for Forex
$0.49 (mini) / $0.89 (standard)N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
Visit WebsiteVisit Website

Main advantages of Plus500 Futures:

  • Fastest account opening process in the industry
  • Unlimited demo mode
  • Futures and prediction markets
  • A low initial margin requirement (for example, Micro E-mini S&P 500 intraday margin is only $50)
  • Free live market data (most brokers charge $10-$25 monthly)
  • Parent company is publicly traded on the London Stock Exchange and has over 13 million clients worldwide.
  • Access to prediction markets
  • A choice of standard, mini, and micro contracts
  • A user-friendly web-based trading platform and mobile app ideal for beginner traders
  • 24/7 customer support
  • Education via the Futures Academy

Major advantages of Webull:

  • A quality proprietary trading platform with Level 2 data and an advanced mobile app
  • Excellent order execution and transparency
  • Webull Premium for a $40 annualized fee (margin financing rates as low as 3.90%, a 3.35% APY on uninvested cash, and a 3.5% IRA match)
  • Vega AI for market data, portfolio insights, and live analysis

Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
Visit WebsiteVisit Website

Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
N/A
Stocks (non-CFDs)
Bonds
ETFs
Options
Futures
Synthetics
Visit WebsiteVisit Website

While Webull offers lower margin rates for a $40 annual fee, ideal for overnight strategies, here is why Plus500 Futures is a better choice for most traders:

  • The availability of prediction markets, which is a high-growth asset class across the US
  • 100+ CME futures with below-standard CME intra-day margin rates
  • Automatic liquidation, similar to negative balance protection
  • Active guidance to use stop-loss, take-profit, and trailing-stop orders

Typical Spreads and Fees

Minimum Standard Spreads
0.5 pipsN/A
Minimum Commission for Forex
$0.49 (mini) / $0.89 (standard)N/A
Deposit Fee
Withdrawal Fee
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Both brokers offer traders competitive commission-based trading accounts, but which one is cheaper?

Webull has lower minimum futures contract fees and discounts for traders who pay subscription fees to access lower costs, which can drop from $1.25 per contract to $0.30 for E-mini and standard contracts.

Account Types

Account Types
Plus500 Futures
Webull
Commission-free Accounts
No
No
Commission-based Accounts
Yes
Yes
Demo Accounts
Yes
Yes
Islamic Accounts
No
No
Social / Copy Trading
No
No
Managed Accounts
No
Yes

The account structure at Plus500 Futures and Webull is similar, including free demo accounts, although Plus500’s demo account is a more honest replica of its live trading environment compared to Webull’s more limited demo.

Are there any other noteworthy differences in the account structure between Plus500 Futures vs. Webull?

Here is what stands out the most:

  • Plus500 Futures opens most accounts in minutes, with 85% passing KYC without additional documents
  • Plus500 has more convenient deposit methods with instant deposits
  • Webull offers managed accounts
  • Webull has no minimum deposit

Minimum Deposit

Deposit Snapshot
Plus500 Futures
Webull
Minimum Deposit
$75
$0
Deposit Fees
Third-party
$0 - $12.50 + Third-party
E-wallets
Yes
No
Cryptocurrencies
No
No
Localized Methods
Yes
Yes
Total Deposit Methods
4
2
Supported Deposit Currencies
USD
USD

How difficult is it to deposit at Plus500 Futures vs. Webull?

Webull offers bank wires and credit/debit cards and levies internal processing fees in addition to potential third-party payment processing fees, except for ACH transfers. Plus500 Futures has no deposit fees, includes popular mobile payments like Google Pay and Apple Pay, and allows clients to trade with deposited funds in transit.

Minimum Withdrawal

Withdrawal Snapshot
Plus500 Futures
Webull
Minimum Withdrawal
$50 to $100 (payment processor dependent)
No minimum withdrawal amount
Internal Withdrawal Fees
$10, but only on withdrawals below the minimum
$25 to $45 (payment processor dependent)
Internal Processing Times
Instant to three business days
Two to five business days

Which withdrawal process is better: Plus500 Futures or Webull?

While Webull has no stated minimum withdrawal amount, it levies internal withdrawal fees. Also, withdrawal times are longer than at Plus500 Futures. So, the Plus500 Futures withdrawal process is notably better, as it has no internal withdrawal fees and allows instant withdrawals.

Security and Trust

Country of the Regulator
United StatesUnited States
Name of the Regulator
CFTCCFTC
Regulatory License Number
NFA ID 0001398289063, 8-69978
Regulatory Tier
11
Visit WebsiteVisit Website

Which broker is more secure and trustworthy?

Plus500 Futures and Webull segregate client deposits from corporate funds and are part of publicly listed groups on the London Stock Exchange and the NASDAQ, respectively. Both are licensed FCM’s (Futures Commission Merchants), enabling direct, regulated futures trading, including clearing services. While Plus500 Futures and Webull rank among the most trusted US-based futures brokers, the former is more established with an average rating of 4.2 out of 5.0 from 18,000+ reviews.

Plus500 Futures versus Optimus Futures - Verdict

Plus500 Futures

Pros
Cons
A user-friendly trading platform and mobile app
A minimum deposit between $75 and $100
Education for beginners via the Futures Trading Academy
Prediction markets with low minimum trading requirements from $0.01
Official global partner of the Chicago Bulls

Webull

Pros
Cons
Low, subscription-based trading fees for active traders
Slow and more expensive deposit and withdrawal methods
Cutting-edge trading platform
Availability of prediction markets
Vega AI adds a competitve edge

Which futures broker is better?

Plus500 Futures and Webull are high-quality futures brokers, and I recommend traders test them in the Plus500 Futures demo account and the Webull demo account.

Our verdict:

I rank Plus500 Futures as the better option for most traders, due to its user-friendly futures trading, asset availability, and educational value. Webull is a good choice for active traders, and the Vega AI ensures competitive research capabilities.

Read full Plus500 Futures Review Read full Webull Review

FAQs

Which is better, Plus500 Futures or Webull?

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I like Webull for active traders that benefit from its subscription-based offering, but I consider Plus500 Futures as the overall better choice for most traders.

How much commission does Plus500 Futures take?

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Plus500 Futures commissions are between $0.49 and $0.89, depending on the asset, while prediction markets are as low as $0.01.

Is Webull good for beginners?

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Webull is not the best choice for beginners, as it has a more complex futures trading platform and limited educational resources.

Does Plus500 Futures or Webull have lower costs?

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While both brokers maintain competitive trading fees, Webull has lower costs.

Do Plus500 or Webull sponsor any sports teams?

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Yes, Plus500 sponsors the Chicago Bulls, while Webull sponsors several sports teams including the Brooklyn Nets.

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.