Plus500 and Forex.com are leading online brokers with top-tier licenses. Plus500 has licenses from the ASIC, FCA, and MAS. It provides professional platforms and tools and some educational data. We recommend it for experienced traders, as its platforms are challenging to learn by beginners.
|Regulation||FCA, ASIC, CySEC, FSCA, FMA, MAS, FSA||CIMA, CFTC, IIROC, FSA, FCA & NFA|
|Tradable Assets||Forex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.||Cryptocurrency, stocks, CFD, futures & forex|
|Platforms||Web, Mobile||Desktop, Mobile|
|Deposit||Free of charge||Free of charge|
|Withdrawals||Free of charge||Free of charge|
Forex.com is the leading forex trading broker with many forex pairs, cryptocurrency CFD, and CFDs. It has licenses from the CFTC, FCA, FSA, and IIROC. Forex.com has secure trading platforms and apps with some educational tools. It is a good choice for active forex traders.
This article discusses the strengths and weaknesses of Plus500 and Forex.com.
Top findings from the Plus500 vs. Forex.com review:
- Plus500 is a trustworthy online broker with professional platforms and tools.
- Forex.com offers an excellent forex trading app with educational and research data on forex.
- Both brokers offer a proprietary platform and a demo account.
We recommend Plus500 for traders looking for professional trading platforms. Forex.com is a good choice for forex trading for both professional and beginner traders.
|Commissions & Fees||4||3.5|
|Offering of Investments||4||5|
|Platforms & Tools||4||4.5|
|72% of retail CFD accounts lose money||79% of retail CFD accounts lose money|
Level of experience
Plus500 is an excellent choice for professional traders. It offers a smooth online trading experience, as it has premium tools and platforms. Plus500 does not offer educational materials and tools. This broker has a demo account and some trading tools, including watch lists.
Forex.com is a good choice for traders looking forward to learning about forex trading. It offers some educational and research data, including Trading Central and forex education. Forex.com has a demo account for traders to test its offering.
Plus500 has an initial deposit fee of €100, while Forex.com is $100. The average EUR/USD spread at Plus500 is 0.6, while at Forex.com is 1.4. Forex.com offers an active trader discount.
Forex.com offers 91 forex currency pairs, while Plus500 has 50 available pairs. Forex.com has 4500 CFDs, while Plus500 has 2033 available CFDs. Both online brokers offer CFD cryptocurrency.
Plus500 has a proprietary platform, a desktop, and a web platform. It provides some research and educational tools. Plus500 is a broker with impressive trading experience and professional tools. It is a good choice for experienced traders, as its platforms are challenging to learn by beginners.
Forex.com has a professional forex trading app, a proprietary web and desktop platform. It provides access to MetaTrader 4 and 5 with many trading tools. These include standard alerts, charting tools, a demo account, and some educational materials. It is a good choice for active traders.
Banking services are an essential part of an excellent online trading experience. Plus500 offers many funding options, including bank wire, credit/debit, PayPal, and Skrill. Forex.com offers bank transfers, PayPal, and credit/debit card funding.
Plus500 and Forex.com are leading online brokers. Both have advantages and disadvantages, depending on your skills, experience, and trading needs. We recommend Plus500 to professional traders because of its secure platforms. However, Forex.com is a better choice for traders looking for premium forex services.
Plus500 compared to other brokers:
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.