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Plus500 vs. FP Markets

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Plus500 and FP Markets are leading online brokers in 2021 with excellent trading experiences. Plus500 is a trustworthy broker with top-tier licenses, including the FCA, ASIC, and MAS. It offers premium trading platforms and some educational tools. We recommend it for experienced traders, as its research and educational materials are limited. 

Broker NamePlus500FP Markets
Year Founded20082005
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSAASIC
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.CFD, Forex
Min Deposit$100AUD 100
Min Trade$0$0
PlatformsWeb, MobileIress, MT4, MT5
DepositFree of chargeFree of charge
WithdrawalsFree of chargeFree of charge

FP Markets is a MetaTrader broker with competitive pricing. It has a top-tier license from the ASIC and is not on a stock exchange. It offers many educational materials, including beginner trading videos. We recommend it for traders of all levels of experience. 

Both online brokers have advantages and disadvantages. This article discusses the differences between Plus500 and FP Markets. 

Top findings from the Plus500 vs. FP Markets review:  

  1. Plus500 is a safe online broker with secure tools and platforms. 
  1. FP Markets is a MetaTrader broker with competitive spreads and valuable educational tools. 
  1. Both brokers offer a virtual trading account for traders to test their offering. 

Plus500 is a good choice for experienced traders, as it has limited research and educational tools. We recommend FP Markets to all traders that want access to reliable trading information. 

Level of experience  

Plus500 is a professional online broker with limited educational materials. It offers some mobile trading tools, being a better choice for professional investors. Plus500 provides a demo account and standard tools, including an economic calendar. 

FP Markets is a safe online broker with versatile tools for both beginner and experienced traders. It offers access to the MetaTrader suite and a virtual trading account. FP Markets has excellent educational materials, including forex education, beginner trading videos, and an investor dictionary. 

Fees  

The minimum initial deposit at Plus500 is €100, while FP Markets’ is AUD 100. The average EUR/USD spread at Plus500 is 0.6, while at FP Markets is 1.14. FP Markets offers an active trader discount, while Plus500 does not. 

Assets  

FP Markets offers 61 forex currency pairs, while Plus500 has 50 available pairs. FP Markets provides access to 899 CFDs, while Plus500 has 2033 available CFDs. 

Trading platform  

Plus500 has a proprietary platform, a web, and a desktop platform. It offers some educational, research, and trading tools. Plus500 is a safe broker with an excellent trading experience and professional platforms. It is a good choice for professional investors. 

FP Markets offers access to the entire MetaTrader suite. It has competitive pricing and excellent learning tools. FP Markets is a good choice for active traders, newcomers, and professional investors. It has several trading tools, including watch lists, charting, and advanced trading videos. 

Banking services 

Banking services are essential for an excellent online trading experience. Both brokers offer many funding options, including bank wire, credit/debit, PayPal, and Skrill. 

Final verdict  

Plus500 and FP Markets are leading online brokers in 2021. Both have strengths and weaknesses, depending on your trading skills and experience. We recommend Plus500 for professional investors, as it has excellent tools and limited educational materials. FP Markets is a good choice for traders of all levels of experience, as it offers both professional and beginner-friendly tools. 

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