SynergyFX vs Plus500

SynergyFX vs Plus500 Comparison Table 2022
SynergyFX Plus500
Not Yet Rated
United States Flag Traders from US not accepted
4.5
United States Flag Traders from US not accepted
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms. 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.
73% of retail CFD accounts lose money.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com
Bonus
Spin & Win Draw None
Instruments
Forex, CFDs, indices, shares, commodities CFDs
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Debit Card, Mastercard, PayPal, Skrill, Swift, Visa, Wire Transfer
Minimum Trade
0.01 lots Varies by asset
Regulator
ASIC, VFSC FCA, MAS, CySec, ASIC, FSA
Margin Trading
No Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
- No
OmniTrader
- No
TradingView
- No
Autochartist
- No
eSignal
- No
Trading Central
- 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 No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- Yes
Market Maker
- Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
- -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- Yes
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, AUD, ZAR, CZK
Stock Exchanges
- Australian Securities Exchange, Deutsche Boerse, Euronext, London Stock Exchange, SIX Swiss Exchange Trading
CFD
Trade across several financial markets with up to 1:400 leverage.
Leverage
1:500 1:30
FTSE Spread
1.4 Variable
GBPUSD Spread
1.5 Variable
Oil Spread
0.030 Variable
Stocks Spread
Variable Variable
Forex
Trade forex with competitive spreads. Forex trading not offered
GBPUSD Spread
1.5 Variable
EURUSD Spread
0.8 Variable
EURGBP Spread
1.3 Variable
Assets
40+ 70+
73% of retail CFD accounts lose money.
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