Plus500 vs OspreyFX

Plus500 vs OspreyFX Comparison Table 2023
Plus500	OspreyFX
Review 4.1	Review 3
Traders from US not accepted	Traders from US not accepted
Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker also has a high safety rating with licenses from reputable regulators, including in the UK, Europe and Australia.	OspreyFX is an offshore forex and CFD broker with a range of tradeable assets, competitive leverage rates and access to the MT4 and MT5 trading platforms.
79% of retail CFD accounts lose money.
Bonus Offer
	20% Discount [DayTrading.com Exclusive]
Comment by Reviewer
"Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a beginner-friendly trading platform."
Pros
No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders Authorized by tier-one regulators including the FCA	Full range of investments MetaTrader 4 integration Low minimum deposit Demo account
Cons
No MetaTrader 4 integration $10 monthly inactivity fee No copy trading	Weak regulation No copy trading
Awards
Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs (forex, commodities, ETFs, options, etc.), Shares, Futures	Forex, Cryptos, Indices, Stocks, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$100	$50
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet Mastercard PayPal POLi Skrill Swift Trustly Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card PayRedeem Wire Transfer
Minimum Trade
Varies by asset	0.01 lots
Regulator
FCA, MAS, CySEC, ASIC, FSA, FSCA, FMA, DFSA, EFSA
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
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	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	iOS & Android
Auto Trading
	EAs (MT4 & MT5)
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	Yes
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Islamic Account
No	Yes
Account Currencies
USD EUR GBP AUD ZAR CZK	USD EUR GBP CAD AUD
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext London Stock Exchange SIX Swiss Exchange	CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Livestock Oil Platinum Silver Soybeans Steel Sugar	Copper Gold Natural Gas Oil Platinum Silver
CFD Trading
Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with flexible leverage and competitive spreads.	OspreyFX offers CFDs on forex, commodities, stocks, cryptos and indices.
Leverage
1:30	1:500
FTSE Spread
Variable	0.5 pts
GBPUSD Spread
Variable	0.8 pips
Oil Spread
Variable	0.09 pips
Stocks Spread
Variable	0.4 pips
Forex Trading
Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.	OspreyFX offers clients more than 50 major, minor and exotic currency pairs.
Forex App
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, 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.	The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.
GBPUSD Spread
Variable	0.8 pips
EURUSD Spread
Variable	0.5 pips
EURGBP Spread
Variable	0.8 pips
Assets
70+	53
Cryptocurrency
Crypto trading not offered	OspreyFX offers a selection of crypto coins paired with USD.
Spread
Variable	Variable
Coins
BCH BTC ETH LTC XRP IOTA NEO EOS XMR	BTC DASH EDO EOS ETH IOTA LTC NEO OMG SAN XMR XRP ZEC DOGE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
79% of retail CFD accounts lose money.
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