Plus500 vs OspreyFX

Plus500 vs OspreyFX Comparison Table 2023
Plus500 OspreyFX
4.1
3
United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
79% of retail CFD accounts lose money.
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