This contrast guide aids individuals that have a hard time to choose in between FP Markets and Plus500 to discover the very best online broker for their trading and investment demands. It evaluates the main features of both brokers alongside to aid individuals compare their service and make an informed choice.
To assist individuals select the ideal broker between FP Markets and Plus500 to discover the best-suited system, listed below is a checklist of broker’s pros and cons, complied with by a comparison of their major trading attributes, consisting of trading systems & devices, fees, mobile trading, down payment & withdrawal, properties, guideline, and customer support.
FP Markets vs. Plus500: Summary
FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.
The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.
Plus500 is a reputable CFD online broker licensed by the DFSA. 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)
- Low spreads from 0,0 pips EUR/USD
- Compatibility with MT4, MT5 and cTrader
- Free VPS server
- Fast account opening
Cons
- Only CFD and forex trading
- Demo account is not unlimited
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
- Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
- Compatibility with MT4, MT5 and cTrader
- MAM/PAMM accounts availability
- Islamic account availability
- Excellent copy trading features (Myfxbook Autotrade)
- Wide range of advanced trading tools (Autochartist, Traders Toolbox)
Key features
- Access to 3,000 CFDs
- Beginner-friendly trading platform and mobile app
- 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
FP Markets vs. Plus500 Comparison
Select up to 3 Brokers
FP Markets
Plus500
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:500 | 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
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | $10 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | $3 per lot per trade + 0 pips | 0.8 pips |
| Stocks & ETF | 0.13 pips | 0 |
| CFD (Gold) | 0.13 pips | 7.2 pips |
| Crypto | 9.13 pips | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 | 63 | 60 |
| CFD Indices & Funds | 14 | 430 |
| CFD Stocks | 9000 | 1000 |
| CFD Commodities | 10 | 22 |
| CFD Crypto | 4 | 0 |
| CFD Bonds | 2 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
FP Markets vs. Plus500 Comparison Conclusion
The outcomes of our comparison of FP Markets vs. Plus500 are involved the table listed below.
| Broker: | Best For: |
| FP Markets | Forex and CFD trading with low fees |
| Plus500 | CFD trading and investing |
Selecting the appropriate choice between FP Markets and Plus500 can be difficult. Both online brokers have similarities but differ pertaining to trading instruments, platforms & applications, law, down payment & withdrawals, and research study and education. Selecting the best broker depends on customers’ trading & financial investment goals, individual choices, and experience degree.
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.