Plus500 vs Mega Trader FX

Plus500 vs Mega Trader FX Comparison Table 2022
Plus500 Mega Trader FX
4.5
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
An investor 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. Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
73% of retail CFD accounts lose money.
Awards
Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com
Bonus
None 20% deposit bonus up to $2,000
Instruments
CFDs Forex, CFDs, indices, precious metals, energies
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Credit Card, Debit Card, Mastercard, PayPal, Skrill, Swift, Visa, Wire Transfer Neteller, Skrill, Visa
Minimum Trade
Varies by asset 0.01 lots
Regulator
FCA, MAS, CySec, ASIC, FSA CySEC
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
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 -
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
Yes -
Market Maker
Yes -
P2P Trading
No -
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes (EAs)
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
Yes -
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, AUD, ZAR, CZK -
CFD
CFD products are available on multiple financial markets.
Leverage
1:30 1:500
FTSE Spread
Variable Variable
GBPUSD Spread
Variable 2.6
Oil Spread
Variable Variable
Stocks Spread
Variable N/A
Forex
Forex trading not offered Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
Variable 2.6
EURUSD Spread
Variable 1.9
EURGBP Spread
Variable 2.5
Assets
70+ 54
73% of retail CFD accounts lose money.
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