Plus500 vs

Plus500 vs Comparison Table 2021
A trader with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand. Voted #1 in UK. offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Best Overall Broker 2021 -
Best Overall Broker 2020 -
Best Overall Broker 2019 -
Best Trading App 2019 -
Best Trading Platform 2020 - FXChoice
Runner Up - Best FX Broker 2019 -
Best Forex Provider 2017 - UK Forex Awards
Best FX Platform 2017 - UK Forex Awards

Plus500 Offers Welcome Bonus & Rebate Scheme

None None
Stocks, Options, CFD, Forex, Crypto CFD, Forex, Crypto, Stocks, Spread betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
BPAY, Credit Card, Diners Club, Giropay, iDeal, JCB Card, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer Credit Card, Neteller, PayPal, Skrill, Wire Transfer
Minimum Trade
Varies by asset 0.01 lots
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
No No
STP Account
Yes No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS, Android and Windows iOS, Android
Auto Trading
No No
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
1:30 1:30 (CySEC, FCA, ASIC) 1:300 (FSCA, BVI FSC)
FTSE Spread
Variable 2 pips
Variable 1.3 pips (var)
Oil Spread
Variable 0.05
Stocks Spread
Variable 4 pips
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. 67 major, minor and exotic FX pairs
Variable 1.3 pips (var)
Variable 0.70 pips (var)
Variable 1 pip var
70+ 67
Plus500 accounts can trade CFDs on a range of cryptocurrencies 24/7, with competitive spreads (Just 1% for BTC). Leverage of 1:2 is also available. (Availability subject to regulation.) Trade 25 different cryptocurrencies via feature rich platform. Leverage capped at 1:2 for EU traders.
BTC 1%, ETH 1.6% BTC 88.94 (USD), ETH 5 (USD)

Plus500 vs Comparison

Israel-based Plus500 and Cyprus-based are both global, publicly traded CFD-based online trading platforms offering trading on more than 2000 financial instruments.

Plus500 is a more recent introduction to the market having been launched in 2008, 9 years after was introduced in 1999 (which originally launched as GFC Markets and rebranded in 2010).

The two online trading platforms offer a very similar but not quite identical services. So which is the better option for traders?


Plus500’s most notable strength is its WebTrader platform which is incredibly simple, very user-friendly, and arguably much more straightforward than the more complex WebTrader, MetaTrader 4, and MetaTrader 5 platforms offered by

However, the offering of these MT4 and MT5 platforms by will be highly attractive to many traders who are already familiar with the popular MetaQuotes software.

A further advantage of Plus500 is that the associated app, which is available for download for iOS, Android, and Windows, offers full WebTrader functionality, unlike the app which features a more limited service than what is offered through the WebTrader platform, and is only available for iOS and Android.

Tools’s biggest strength is the vast number of tools and resources that are available to traders; something which Plus500 notably lacks.

Fundamental, technical, and sentimental analysis tools are included as standard with a retail account, along with access to the large ‘Knowledge Centre’ which is filled with informative, educational resources for both new and experienced traders.

In terms of overall reputation,, being the longer standing of the two, is perhaps more well known.

The brand also received a significant reputation boost in 2014 when it partnered with Arsenal FC, earning the title of ‘Official Forex and CFD Trading Partner’ for the popular London-based football team. platform vs Plus500 Trading Platforms


While Plus500 is very simple and easy to use, it is also very basic, lacking the array of tools and educational materials that are widely available through

The addition of the MetaTrader 4 platform to Plus500, like has done, would be an effective method to enhance overall functionality, but to date the only options for Plus500 traders are the WebTrader platform, the Windows platform, and the app.

All platforms are closed, which means that traders cannot integrate additional tools, restricting system collaboration and severely minimising options for flexibility and customisation. has few weaknesses in terms of its platform, being the more comprehensive option for traders.

However, it appears to struggle to compete with Plus500’s watchlists and charting indicators and has not yet announced plans to expand app functionality or extend availability to Windows.

With Plus500 having initially launched on Windows 10, and introducing their Windows app in 2014, has had significant time to enhance their offerings to remain at the forefront of the market.

While Plus500 has recovered well, it has experienced a few reputation blips since launch, including a £205,128 fine issued by the FCA in 2012 for failure to accurately report transactions over an 18 month period, and a failed buyout by parent company Playtech in 2015. Playtech later sold its 10% shares in the business.


Perhaps the biggest difference between Plus500 and is related to fees or spreads. Dynamic spreads for EUR/USD through Plus500 for example, normally come in way lower than the 1.90 pips through

Charges remain very similar otherwise, with neither platform charging trade commission and both making the majority of their profits through the spread.

Both advertise costs for overnight funding, calculated through the trade size x opening rate x daily overnight funding percentage, with Plus500 also stating that charges can be incurred through the guaranteed stop order. Both claim that there are ‘no hidden fees’ at all, and that all fees are communicated clearly to traders.

Inactivity Fees

Both Plus500 and charge a $10 per month inactivity fee for periods of inactivity lasting more than three months, and have introduced a $100 minimum to keep an account open. also charges a 0.3% conversion fee when trading in alternative currencies than what has been deposited. Plus500 states that ‘most’ payment processing fees will be covered by the business, while covers fees only for those it considers to be ‘VIP’ clients. also covers any external fees incurred by those depositing at least $2500 to their account at a time.

For withdrawals and deposits, both Plus500 and support a wide range of banking options. Both accept Visa and MasterCard credit cards, PayPal, Skrill, and bank transfer. also accepts wire transfer and Neteller.

No fees are charged for depositing and withdrawing money to accounts, and money is stored in ‘Tier 1’ banks, although neither brand have confirmed the exact bank that they use.


Spreads are competitive at both firms. See the table above for some specific spreads listed side by side for comparison of trading costs.

Plus500 vs Spreads
Variable 1.3 pips (var)
Variable 0.70 pips (var)
Variable 1 pip var


Leverage is similar for Plus500 and 1:30 for both. Plus500 offers greater leverage of 1:300 for traders holding a professional trading account with the brand rather than a standard retail account. Cryptocurrency leverage is similarly capped at 1:2 for both firms by the European regulator.


As is becoming increasingly standard in the digital era, support is provided exclusively through email and live chat systems for both Plus500 and, with neither offering a telephone support option.

While a telephone number for can be found, it is not widely publicised through the brand website. The support offered by Plus500 is much more available and accessible, with customer support agents answering enquiries 24 hours a day, 7 days a week.

In contrast, support by is only available 5 days per week, although traders can get in touch with an agent at any time from Monday to Friday.

Plus500 also supports traders in many more languages than

Headquartered in Israel, and with subsidiaries in Bulgaria, Singapore, and Australia, as well as in the UK, Plus500 support staff speak a wide range of dialects, covering 32 languages in total. communicates in 15 languages.

Plus500 Mobile App vs
Plus500 Mobile Trading


Both Plus500 and offer a notably limited product portfolio, trading in contracts for difference (CFDs) only.

However, both do offer CFD trading on more than 2000 financial instruments ( has slightly more at 2085, compared to Plus500’s 2045) including Shares, Forex, Indices, Commodities such as gold, silver, and crude oil, ETFs, and Cryptocurrencies. Plus500 was actually the first platform to add Bitcoin to its lineup. trades Bonds, while Plus500 trades Options. Both offer a similar number of currency pairs — 55 for and 60 for Plus500 — and there is only really a minimal difference between the two CFD trading platforms in terms of the range of the financial products they support.

The biggest difference in products between Plus500 and is that Plus500 offers more comprehensive Cryptocurrency trading, allowing traders to buy or sell cryptocurrency CFDs in Bitcoin, Ethereum/Bitcoin, Ethereum, Litecoin, NEO, Ripple XRP, IOTA, Monero, Stellar, EOS, Bitcoin Cash ABC Cardano, and Tron.

In comparison, supports only Bitcoin Futures, Ripple, Ethereum, Dash, Bitcoin Cash, and Litecoin, making Plus500 a more versatile platform for trading cryptocurrencies.


With Plus500 being headquartered in Israel and having global subsidiaries, it is regulated by 5 financial regulatory bodies across the world. These are:

  • the Israel Securities Authority (ISA),
  • the Monetary Authority of Singapore (MAS),
  • the Australian Securities and Investments Commission (ASIC),
  • the Cyprus Securities and Exchange Commission (CySEC),
  • and the Financial Conduct Authority (FCA) in the UK. is regulated by both the Financial Stability Board and CySEC, the latter of which severely restricts broker compensation to a maximum 20,000 EUR; something traders should keep in mind.

Financial Conduct Authority regulation is notably lacking for, who have opted to adhere to European standards rather than applying for direct UK-based regulation.

While European standards are solid, a lack of UK regulation does act as a major deterrent for UK traders, especially as many other trading platforms accepting UK clients, such as Plus500, do adhere to FCA-published regulations.

Plus500 vs Regulator


Both Plus500 and are very similar, especially in terms of products. With each platform having its own unique set of strengths and weaknesses, it is challenging to confidently state that one is better than the other. However, it is clear that the different platforms will better suit different traders.

Plus500, as the more cost-effective option, is the better choice for traders who prioritise low-cost trading and are content to use an easy yet basic online trading platform. Regulated by the FCA, Plus500 also offers an additional level of peace of mind to UK traders who want to know that their investments are in safe hands.

Plus500 is also a slightly better choice for traders who prefer to operate on-the-go, with a much more comprehensive mobile trading app that’s available across all of the major operating systems. is perhaps ‘technically’ better, and for traders who don’t mind paying more, the overall experience with will generally be more well-rounded thanks to the additional tools, functionality, and educational resources, and the addition of the popular MT4 trading platform.

Additionally, supports slightly more products, making it a more diverse trading platform.