Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Bulgaria
Data verified
Complete Head-to-Head Comparison · 2026

Tickmill Vs Plus500 – Bulgaria Trader Comparison For 2026

Which broker is better for Bulgaria traders in 2026? Expert analysis across 12 categories.

Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
VS
Plus500 logo
Plus500
FCA · ASIC · CySEC · Founded 2008
Open Account
Winner: Plus500
Categories: 12 compared
For: Bulgaria traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Bulgaria Traders

Best Overall
Plus500
Higher overall score & more features
Best Spreads
Plus500
Lower trading costs for scalpers
Islamic Accounts
Tickmill
Swap-free for Bulgaria Muslims
Best for Beginners
Plus500
Better education & support
$100 vs $50
Min deposit
1:500 vs 1:30
Max leverage
FCA vs FCA
Top regulator
3.3 vs 3.5
Our scores
Table of Contents

Head-to-head comparison

Bulgarian retail traders looking for a reliable forex broker often narrow their choice to Tickmill and Plus500. Both brokers accept clients from Bulgaria and operate under EU regulation, making them compliant with the Bulgarian Financial Supervision Commission (FSC) framework. However, they serve quite different trading styles. Tickmill appeals to cost-conscious Bulgarian traders with raw spreads on MetaTrader 4 and 5, while Plus500 offers a simplified proprietary platform with zero commissions and a strong CFD range.

In this Sofia-to-Varna comparison, we examine spreads, local deposit options such as Bank Transfer, Skrill, Neteller and USDT TRC20, as well as Bulgaria-specific account features and regulatory protections. We also consider how lev (BGN) and USD account denominations affect your trading costs, since the US dollar is the base currency for this comparison. Whether you are a short-term scalper in Plovdiv or a long-term investor making the most of your Bulgarian holidays, this guide helps you decide which broker fits your home country needs best.

🏆

Overall Scores Comparison

Tickmill logo
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
VS
Plus500 logo
Plus500
FCA · ASIC · CySEC
3.5
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.4
3.6
WIN
Platforms
MT4, MT5, cTrader, TV
3.0
3.2
WIN
Regulation
Safety, oversight
3.6
3.8
WIN
Deposits
Local payments
3.4
3.5
WIN
Customer Support
24/5, chat, phone
3.1
3.3
WIN
Education
Webinars, guides
3.0
3.2
WIN
Execution
Speed, slippage
3.4
WIN
3.3
Mobile App
iOS, Android
3.3
3.5
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentTickmillPlus500Winner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotPlus500
XAU/USD (Gold)$0.14 typical$0.12 typicalPlus500
GBP/USD avg spread0.29 pips0.23 pipsPlus500
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsPlus500
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$50Tickmill

For Bulgarian traders, the biggest cost difference lies in spreads. Tickmill’s Raw account offers EUR/USD spreads from 0.0 pips with a low $2 per side commission, making it significantly cheaper for active traders. The Classic account is also competitive, with no commission and spreads averaging 0.2–0.3 pips. Plus500 operates a commission-free model with spreads built into the quote – EUR/USD typically averages 0.8–1.2 pips. Over a month of trading, a Sofia-based day trader executing ten lots per day could save hundreds of dollars with Tickmill. Also, since both accounts can be opened in USD, Bulgarian traders avoid double BGN conversion costs when using USDT TRC20 deposits.

📂

Account Types Comparison

Account TypeTickmillPlus500
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✗
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$100$50
⚖️

Leverage Comparison - Bulgaria Traders

Entity / AssetTickmillPlus500
Bulgaria (offshore)Up to 1:500Up to 1:30
Forex major pairs1:5001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Bulgaria Traders
Traders in Bulgaria typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassTickmillPlus500Winner
Forex pairs90+65+Tickmill
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesTickmill
Crypto CFDs✗20+Tickmill
Stocks / Share CFDs✗1,700+Plus500
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformTickmillPlus500
MetaTrader 4 (MT4)✓✗
MetaTrader 5 (MT5)✓✗
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✗
Scalping allowed✓✗
Hedging allowed✓✗

Tickmill gives Bulgarian traders the full MetaTrader 4 and MetaTrader 5 experience, with desktop, web and mobile apps, Expert Advisors, and indicators. This is ideal for locals who rely on algorithmic trading or custom chart setups. Plus500, on the other hand, provides its own web and mobile platform with a clean interface designed for simplicity. Bulgarian-language support is available on both, though Plus500’s platform does not support third-party indicators and has fewer charting tools. For Bulgaria traders who want a quick CFD trade on the go, Plus500 is convenient; for serious analysis, MT4/MT5 is unbeatable.

⚡

Execution Quality - Speed & Slippage

FactorTickmillPlus500Winner
Execution modelECN/STPTrue ECNPlus500
Avg execution speed~30ms~40msTickmill
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✗Tie
EA / Bot trading✓✗Tie

Execution quality matters as much as price. Tickmill uses low-latency STP execution with no dealing desk, giving Bulgarian scalpers direct access to liquidity providers and ultra-fast fills. Plus500 uses a market execution model with a dealing desk in some cases, which can lead to slippage during volatile European market hours. For Bulgaria traders who trade major currency pairs during the London–New York overlap, Tickmill's execution transparency and depth of liquidity give it a clear edge, especially for high-frequency news trading.

🛡️

Regulation & Safety for Bulgaria Traders

Safety FactorTickmillPlus500
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Bulgaria’s local financial regulator, the Financial Supervision Commission (FSC), does not directly license either broker, but both are authorised by reputable EU regulators. Tickmill Europe is regulated by CySEC and Tickmill UK by the FCA, while Plus500 is CySEC-regulated and also holds FCA authorisation. This means Bulgarian traders benefit from MiFID EU passporting and may be eligible for the Investor Compensation Fund in Cyprus (up to €20,000). The FSC in Bulgaria oversees financial markets, and while it does not guarantee these brokers, its consumer-protection rules help ensure your funds are segregated and that you receive transparent risk disclosures. Always check the legal entity when opening an account from Bulgaria.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Bulgaria traders may differ by entity.
💳

Deposits & Withdrawals for Bulgaria

Payment MethodTickmillPlus500
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✗
Neteller✓✗
USDT / Crypto✗✓
Withdrawal timeMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.1 to 3 business day

Bulgarian traders can fund Tickmill with Bank Transfer, Skrill, Neteller and USDT TRC20, with the latter being particularly attractive for locals who prefer low-cost, near-instant crypto transfers. Deposits are free of charge and USD accounts avoid lev conversion. Withdrawals are processed within 24 hours on Tickmill, with bank withdrawals taking 2–5 business days depending on your Bulgarian bank. Plus500 also supports Bank Transfer, Skrill and Neteller, but does not accept USDT TRC20. Bank transfers may incur intermediary fees, and funds are usually returned to the original deposit method. For the fastest deposits, Bulgarian traders will find Tickmill's USDT TRC20 option superior; for a one-stop regulated broker, Plus500 remains reliable.

☪️

Islamic Accounts - Swap-Free for Bulgaria Muslims

Islamic Account FeatureTickmillPlus500
Swap-free available✓✗
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Tickmill and Plus500 offer Islamic, swap-free accounts for Bulgarian Muslim traders who prefer not to pay overnight interest due to Sharia law. Tickmill provides swap-free conditions on all account types, including raw spreads, with no additional markup on most symbols. Plus500 offers a similar swap-free account for eligible clients, but it sometimes excludes certain instruments and applies an administrative fee after a holding period. Bulgarian traders in Sofia or other cities should contact each broker's support team to confirm eligibility and to review the latest terms, since swap-free status is subject to ongoing compliance requirements.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureTickmillPlus500Winner
Live chat✓✓Tie
Phone support✓✗Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesTickmill

Customer support for Bulgarian traders is available in English on both brokers, with Plus500 offering a Bulgarian-language website and knowledge base. Tickmill provides 24/5 live chat, email and phone support, while Plus500 operates 24/7 chat. For local Bulgarian traders, the most practical difference is the response time – Tickmill tends to answer technical account questions faster, while Plus500 resolves platform issues efficiently. Having local-friendly payment support for USDT TRC20 is a plus for Tickmill users based in Bulgaria.

📱

Mobile App Comparison

Mobile FeatureTickmillPlus500Winner
iOS App Store rating4.5 stars4.3 starsTickmill
Google Play rating4.3 stars4.2 starsTickmill
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceTickmillPlus500Winner
Video tutorials100+ videos✗Tickmill
Webinars (live)✗✗Tie
Economic calendar✓✗Tie
Market analysisDailyBasicTickmill
⭐

Real User Reviews - Trustpilot

T
Tickmill
☆☆☆☆☆
—
1,080 verified reviews
View on Trustpilot
T
Plus500
☆☆☆☆☆
—
19,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Tickmill

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Plus500

Pros
+Top-tier regulated
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Bulgaria Guide

Choose Tickmill if you...

  • Want forex raw spreads from 0.0 pips and low commissions in USD.
  • Need MT4/MT5 for advanced charting and automated strategies.
  • Prefer fast, low-cost deposits with USDT TRC20, Skrill or Neteller.
  • Are an active Bulgarian trader who trades significant monthly volume.

Choose Plus500 if you...

  • Want a simple, all-in-one CFD platform without MetaTrader.
  • Value 24/7 customer support and a heavily regulated brand.
  • Trade CFDs on shares, indices and crypto rather than pure forex.
  • Prefer to use Bank Transfer or Skrill and avoid crypto deposits.
❓

FAQ - Tickmill vs Plus500 in Bulgaria

Is Tickmill or Plus500 better for Bulgaria?

+

Can Bulgaria traders use both brokers legally?

+

Which broker has lower spreads for Bulgaria traders?

+

How do Bulgaria traders deposit at Tickmill and Plus500?

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Do both brokers offer Islamic accounts for Bulgaria?

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Final Verdict - Bulgaria 2026

Plus500 wins overall

For most Bulgarian retail traders, Tickmill is the stronger choice: tighter spreads, professional MT4/MT5 platforms, and support for Skrill, Neteller and USDT TRC20 reduce the real cost of trading. Plus500 remains a dependable option for newcomers and casual traders who prefer a simple platform and are comfortable with slightly wider spreads. Both brokers are legally available in Bulgaria and operate within the EU regulatory framework, so your final decision should be based on trading style, preferred payment methods and the importance of the Bulgarian lev to USD conversions. If cost efficiency and execution quality matter most, Tickmill gets the edge. If simplicity and ready-made CFD access are your priority, choose Plus500.

Open TickmillOpen Plus500
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Tickmill 3.3/5
Plus500 Winner3.5/5
Full Reviews
Full Tickmill Review →Full Plus500 Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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