Plus500 vs Markets.com

Plus500 vs Markets.com Comparison Table 2024
Plus500 Markets.com
4.1
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.

82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer Reviews
3
Comment by Reviewer
"Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources." "Markets.com is best for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. Beginners will also enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts."
Pros
  • Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
  • The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders
  • Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility
  • You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities
  • The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
  • Markets.com continues to offer a strong proprietary platform with a TradingView-powered charting interface, pro-level technical analysis and custom alerts
  • Traders can access the MT4 and MT5 software, which offer dozens of technical tools and a huge online community for scripts, bots and custom tools
  • CFD and spread-betting opportunities are available on multiple asset classes including forex, stocks, ETFs, bonds and indices
  • Comprehensive educational content is on offer, especially for beginners, including podcasts, webinars and financial market videos
  • The $10 inactivity fee is only charged after 12 months of no trading activity (many competitors start charging after only 3 months)
  • Markets.com is a trusted broker with oversight from tier-one regulators including the FCA, CySEC and ASIC
  • There are no deposit/withdrawal charges, account registration or order admin costs
  • There's good customer support with responses in <1 minute during testing
  • The low minimum deposit of $100 should appeal to beginners
Cons
  • Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
  • Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
  • The absence of social trading means users can’t follow and replicate the trades of experienced traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
  • Algo trading and scalping are not supported, which may deter some day traders
  • The single retail account option doesn't offer traders any choice of trading conditions, or any additional perks for active trading
  • There are no auto or copy trading terminals outside of the MetaTrader platforms, such as DupliTrade
  • Unlike some top competitors like XM, customer support is not available on the weekend
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 - DayTrading.com
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • WebTrader
  • App
  • Markets.com Web/App Platform
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA FCA, CySEC, ASIC, FSCA, FSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android & Windows iOS, Android
App Review

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

Android App Rating
4.3
4.5
iOS App Rating
4.1
3.2
Auto Trading
No
Copy Trading
No No
Social Trading
No No
Trade Signals
Trading Insights
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$10 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • USD
  • EUR
  • GBP
  • ZAR
  • SEK
  • NOK
  • DKK
  • PLN
  • CZK
  • AED
Stock Exchanges
Commodities
CFD Trading
Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. Due to the prohibition of CFDs in the US, Plus500 doesn’t facilitate CFD trading for US customers. However, the company does provide access to a new platform called TradeSniper, specifically tailored for trading futures, which is accessible to US traders. Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms.
Leverage
1:30 1:30
FTSE Spread
1.2 2 pips
GBPUSD Spread
1.1 1.3 pips (var)
Oil Spread
0.04 0.05
Stocks Spread
0.08 4 pips
Forex Trading
Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

GBPUSD Spread
1.1 1.3 pips (var)
EURUSD Spread
0.6 0.70 pips (var)
EURGBP Spread
1.4 1.0 pip (var)
Assets
60+ 67
Cryptocurrency
Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. You can open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. Spreads on Bitcoin are around 51.13 which is uncompetitive compared to other brands, although the 1:20 leverage will offer greater exposure to the market.
Spread
Variable BTC 88.94 (USD), ETH 5 (USD)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • XRP
  • TRON
  • BAT
  • NEO
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
More Comparisons
Plus500
vs
Markets.com
vs

Plus500 vs Markets.com Comparison

Israel-based Plus500 and Cyprus-based Markets.com 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 Markets.com 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?

Strengths

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 Markets.com.

However, the offering of these MT4 and MT5 platforms by Markets.com 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 Markets.com app which features a more limited service than what is offered through the WebTrader platform, and is only available for iOS and Android.

Tools

Markets.com’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 Markets.com 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, Markets.com, 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.

Markets.com platform vs Plus500
Markets.com Trading Platforms

Weaknesses

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 Markets.com.

The addition of the MetaTrader 4 platform to Plus500, like Markets.com 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.

Markets.com 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, Markets.com 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 Markets.com parent company Playtech in 2015. Playtech later sold its 10% shares in the business.

Fees

Perhaps the biggest difference between Plus500 and Markets.com 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 Markets.com.

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 Markets.com 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.

Markets.com 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 Markets.com covers fees only for those it considers to be ‘VIP’ clients.

Markets.com 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 Markets.com support a wide range of banking options. Both accept Visa and MasterCard credit cards, PayPal, Skrill, and bank transfer. Markets.com 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

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 Markets.com Spreads
Plus500 Markets.com
4.1
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.

82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer Reviews
3
Comment by Reviewer
""Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources."" ""Markets.com is best for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. Beginners will also enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts.""
Pros
  • Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
  • The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders
  • Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility
  • You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities
  • The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
  • Markets.com continues to offer a strong proprietary platform with a TradingView-powered charting interface, pro-level technical analysis and custom alerts
  • Traders can access the MT4 and MT5 software, which offer dozens of technical tools and a huge online community for scripts, bots and custom tools
  • CFD and spread-betting opportunities are available on multiple asset classes including forex, stocks, ETFs, bonds and indices
  • Comprehensive educational content is on offer, especially for beginners, including podcasts, webinars and financial market videos
  • The $10 inactivity fee is only charged after 12 months of no trading activity (many competitors start charging after only 3 months)
  • Markets.com is a trusted broker with oversight from tier-one regulators including the FCA, CySEC and ASIC
  • There are no deposit/withdrawal charges, account registration or order admin costs
  • There's good customer support with responses in <1 minute during testing
  • The low minimum deposit of $100 should appeal to beginners
Cons
  • Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
  • Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
  • The absence of social trading means users can’t follow and replicate the trades of experienced traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
  • Algo trading and scalping are not supported, which may deter some day traders
  • The single retail account option doesn't offer traders any choice of trading conditions, or any additional perks for active trading
  • There are no auto or copy trading terminals outside of the MetaTrader platforms, such as DupliTrade
  • Unlike some top competitors like XM, customer support is not available on the weekend
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 - DayTrading.com
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • WebTrader
  • App
  • Markets.com Web/App Platform
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA FCA, CySEC, ASIC, FSCA, FSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android & Windows iOS, Android
App Review

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

Android App Rating
4.3
%">
0
4.5
%">
0
iOS App Rating
4.1
%">
0
3.2
%">
0
Auto Trading
No
Copy Trading
No No
Social Trading
No No
Trade Signals
Trading Insights
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$10 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • USD
  • EUR
  • GBP
  • ZAR
  • SEK
  • NOK
  • DKK
  • PLN
  • CZK
  • AED
Stock Exchanges
Commodities
CFD Trading
Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. Due to the prohibition of CFDs in the US, Plus500 doesn’t facilitate CFD trading for US customers. However, the company does provide access to a new platform called TradeSniper, specifically tailored for trading futures, which is accessible to US traders. Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms.
Leverage
1:30 1:30
FTSE Spread
1.2 2 pips
GBPUSD Spread
1.1 1.3 pips (var)
Oil Spread
0.04 0.05
Stocks Spread
0.08 4 pips
Forex Trading
Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

GBPUSD Spread
1.1 1.3 pips (var)
EURUSD Spread
0.6 0.70 pips (var)
EURGBP Spread
1.4 1.0 pip (var)
Assets
60+ 67
Cryptocurrency
Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. You can open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. Spreads on Bitcoin are around 51.13 which is uncompetitive compared to other brands, although the 1:20 leverage will offer greater exposure to the market.
Spread
Variable BTC 88.94 (USD), ETH 5 (USD)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • XRP
  • TRON
  • BAT
  • NEO
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
More Comparisons
Plus500
vs
Markets.com
vs

Leverage

Leverage is similar for Plus500 and Markets.com: 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.

Support

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

While a telephone number for Markets.com 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 Markets.com 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 Markets.com.

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. Markets.com communicates in 15 languages.

Plus500 Mobile App vs Markets.com
Plus500 Mobile Trading

Products

Both Plus500 and Markets.com 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 (Markets.com 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.

Markets.com trades Bonds, while Plus500 trades Options. Both offer a similar number of currency pairs — 55 for Markets.com 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 Markets.com 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, Markets.com supports only Bitcoin Futures, Ripple, Ethereum, Dash, Bitcoin Cash, and Litecoin, making Plus500 a more versatile platform for trading cryptocurrencies.

Regulation

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.

Markets.com 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 Markets.com, 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 Markets.com Regulator
Plus500 Markets.com
4.1
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.

82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer Reviews
3
Comment by Reviewer
"""Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources.""" """Markets.com is best for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. Beginners will also enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts."""
Pros
  • Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
  • The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders
  • Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility
  • You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities
  • The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
  • Markets.com continues to offer a strong proprietary platform with a TradingView-powered charting interface, pro-level technical analysis and custom alerts
  • Traders can access the MT4 and MT5 software, which offer dozens of technical tools and a huge online community for scripts, bots and custom tools
  • CFD and spread-betting opportunities are available on multiple asset classes including forex, stocks, ETFs, bonds and indices
  • Comprehensive educational content is on offer, especially for beginners, including podcasts, webinars and financial market videos
  • The $10 inactivity fee is only charged after 12 months of no trading activity (many competitors start charging after only 3 months)
  • Markets.com is a trusted broker with oversight from tier-one regulators including the FCA, CySEC and ASIC
  • There are no deposit/withdrawal charges, account registration or order admin costs
  • There's good customer support with responses in <1 minute during testing
  • The low minimum deposit of $100 should appeal to beginners
Cons
  • Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
  • Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
  • The absence of social trading means users can’t follow and replicate the trades of experienced traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
  • Algo trading and scalping are not supported, which may deter some day traders
  • The single retail account option doesn't offer traders any choice of trading conditions, or any additional perks for active trading
  • There are no auto or copy trading terminals outside of the MetaTrader platforms, such as DupliTrade
  • Unlike some top competitors like XM, customer support is not available on the weekend
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 - DayTrading.com
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • WebTrader
  • App
  • Markets.com Web/App Platform
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA FCA, CySEC, ASIC, FSCA, FSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android & Windows iOS, Android
App Review

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

Android App Rating
4.3
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4.5
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0
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0
iOS App Rating
4.1
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0
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0
3.2
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0
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0
Auto Trading
No
Copy Trading
No No
Social Trading
No No
Trade Signals
Trading Insights
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$10 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • USD
  • EUR
  • GBP
  • ZAR
  • SEK
  • NOK
  • DKK
  • PLN
  • CZK
  • AED
Stock Exchanges
Commodities
CFD Trading
Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. Due to the prohibition of CFDs in the US, Plus500 doesn’t facilitate CFD trading for US customers. However, the company does provide access to a new platform called TradeSniper, specifically tailored for trading futures, which is accessible to US traders. Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms.
Leverage
1:30 1:30
FTSE Spread
1.2 2 pips
GBPUSD Spread
1.1 1.3 pips (var)
Oil Spread
0.04 0.05
Stocks Spread
0.08 4 pips
Forex Trading
Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

GBPUSD Spread
1.1 1.3 pips (var)
EURUSD Spread
0.6 0.70 pips (var)
EURGBP Spread
1.4 1.0 pip (var)
Assets
60+ 67
Cryptocurrency
Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. You can open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. Spreads on Bitcoin are around 51.13 which is uncompetitive compared to other brands, although the 1:20 leverage will offer greater exposure to the market.
Spread
Variable BTC 88.94 (USD), ETH 5 (USD)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • XRP
  • TRON
  • BAT
  • NEO
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
82% of retail CFD accounts lose money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
More Comparisons
Plus500
vs
Markets.com
vs

Conclusion

Both Plus500 and Markets.com 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.

Markets.com is perhaps ‘technically’ better, and for traders who don’t mind paying more, the overall experience with Markets.com 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, Markets.com supports slightly more products, making it a more diverse trading platform.