TradeDirect365 vs Plus500

TradeDirect365 vs Plus500 Comparison Table 2023
TradeDirect365 Review 2023 Plus500 Review 2023
3
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

TradeDirect365 is a regulated CFD broker with its own trading app and fixed spreads.

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 holds multiple licenses from reputable regulators, including in the UK, Europe and Australia.

82% of retail CFD accounts lose money.
Comment by Reviewer
"Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a reliable trading platform."
Pros
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
  • 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
Cons
  • No copy trading
  • No MetaTrader 4 integration
  • $10 monthly inactivity fee
  • No copy trading
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, Stocks, Indices, Forex, Commodities, Cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Trading Platforms
  • MT4
  • Own
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
ASIC, SCB FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes 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 No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MT4
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$0 $10
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with fixed spreads on the CloudTrader & MT4 platforms. Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with variable leverage and competitive spreads.
Leverage
1:200 1:30
FTSE Spread
0.4 1.8
GBPUSD Spread
0.8 1.1
Oil Spread
3.0 0.04
Stocks Spread
0.14% (Aus) 0.08
Forex Trading
Trade popular currency pairs with fixed spreads. Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.
Forex App

TradeDirect365 offers the CloudTrader app. The beginner-friendly application is available on Apple and Android devices and offers one-click trading, customizable charts, and basic account management.

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.

GBPUSD Spread
0.8 1.1
EURUSD Spread
0.6 0.6
EURGBP Spread
0.6 1.4
Assets
30+ 70+
Cryptocurrency
Trade popular cryptocurrencies 24/7 with upfront costs. Crypto trading not offered
Spread
From 1 Variable
Coins
  • BTC
  • ADA
  • DASH
  • EOS
  • ETH
  • LTC
  • NEO
  • XLM
  • TRX
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
82% of retail CFD accounts lose money.
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