SynergyFX vs Plus500

SynergyFX vs Plus500 Comparison Table 2021
SynergyFX Plus500
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms. A trader 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.
72% of retail CFD accounts lose money.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
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
Best Trading App 2019 - DayTrading.com
Bonus
Spin & Win Draw None
Instruments
Forex, CFDs, indices, shares, commodities Stocks, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer BPAY, Credit Card, Diners Club, Giropay, iDeal, JCB Card, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer
Minimum Trade
0.01 lots Varies by asset
Regulator
ASIC, VFSC FCA, CySec, ASIC
Margin Trading
No Yes
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes No
Trade Signals
No No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, AUD, ZAR
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. Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.
GBPUSD Spread
1.5 Variable
EURUSD Spread
0.8 Variable
EURGBP Spread
1.3 Variable
Assets
40+ 70+
Cryptocurrency
Crypto trading not offered CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation
Spread
Variable
Coins
BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR
72% of retail CFD accounts lose money.