Finq.com vs. Plus500 Comparison

This contrast overview aids individuals that have a hard time to pick between Finq.com and Plus500 to locate the most effective online broker for their trading and investment needs. It analyzes the highlights of the two brokers alongside to aid individuals contrast their service and make an informed decision.

To help individuals select the best broker between Finq.com and Plus500 to discover the best-suited system, listed below is a listing of broker’s advantages and disadvantages, adhered to by a contrast of their major trading attributes, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, properties, guideline, and client support.

Finq.com vs. Plus500: Summary

Finq-com-logo

Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.

Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.

Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.

Plus 500 logo

Plus500 is a reputable CFD online broker licensed by the DFSA(F005651). They offer access to a wide range of assets including 2,800 CFDs on stocks & ETFs, cryptos, futures, forex, commodities, and indices. The Plus500 trading platform offers basic trading tools including Technical analysis charts, real-time quotes, quick buy and sell options from the same window and 3 order different types (market, limit stop order).

Plus500 trading fees are average compared to similar forex and CFD brokers. They charge an average spread of 0.8 pips (EUR/USD) without any commission. Plus500 charges non trading fees in the form of overnight fees, currency conversion fees, guaranteed stop order fees, and inactivity fees.

Plus500’s customer service is available 24/7 (even during the weekends and holidays) by phone, email, WhatsApp, and live chat.

Pros

  • Low minimum deposit ($100)
  • Competitive spread from 0.14 pips (EUR/USD)
  • No hidden fees
  • Up to $4,000 welcome bonus for new traders
  • $10,000 free demo account

Cons

  • Limited regulation
  • High minimum deposit of $100
  • Lacks educational material and research resources

Pros

  • Low minimum deposit ($100)
  • Competitive spread of 0.8 pips EUR/USD
  • Multiple order types and technical indicators
  • Excellent customer service
  • Negative balance protection
  • Intuitive mobile trading app

Cons

  • Relatively high fees compared to other brokers
  • Limited markets
  • Limited charting tools and features

Key features

  • Competitive trading fees
  • Compatibility with MT4 and TradingCentral
  • Access to over 2,100 financial instruments
  • Free demo account availability
  • Fast registration and KYC on-boarding process
  • 24/5 support in English and Arabic

Key features

  • Access to 3,000 CFDs
  • Beginner-friendly demo account and educational resources
  • Low, floating spreads from 0.8 pips EUR/USD
  • Advanced (conditional) order types available such as GSOs and TSOs
  • Free unlimited demo paper trading account
  • Fast account opening

Finq.com vs. Plus500 Comparison

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Plus 500 logo

Plus500

Open account Read review

CFD Service. Regulated by the DFSA. Trading carries risk.

BROKER COMPARISON

Finq-com-logo
Plus 500 logo

Overall rating

3,4/5

4,8/5

Overall rating

3,4/5

4,8/5

Trading Platform & Tools

3.5

4.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 300:1 1:30
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.5

4.9

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 if no trades after 3 months $10
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.8 0.8 pips
Stocks & ETF 0 0
CFD (Gold) 0.3 7.2 pips
Crypto 0 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

3.4

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

4.5

See details
Minimum deposit (in UAE) $100.00 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

4.9

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
CFDs on Forex Instruments 55 60
CFD Indices & Funds 50 430
CFD Stocks 2000 1000
CFD Commodities 19 22
CFD Crypto 4 0
CFD Bonds 5 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.0

4.5

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Finq.com vs. Plus500 Comparison Conclusion

The results of our contrast of Finq.com vs. Plus500 are wrapped up in the table below.

Broker:Best For:
Finq.comCFD Trading With Welcome Bonuses
Plus500CFD trading and investing

Picking the appropriate choice between Finq.com and Plus500 can be challenging. Both online brokers have similarities yet vary pertaining to trading instruments, platforms & apps, regulation, down payment & withdrawals, and research and education and learning. Selecting the most effective broker relies on users’ trading & financial investment goals, specific choices, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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