Home Brokers comparison Plus500 vs FxPro

Plus500 vs FxPro

39
0
Regal Wallet Banner

Plus500 and FxPro are top online brokers offering multiple platforms and assets. Plus500 has a transparent fee structure and reliable funding process. It has licenses from the MAS, FCA, and ASIC. It is a good choice for experienced traders, as it offers professional platforms and tools. 

Broker NamePlus500FxPro
Year Founded20082006
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSADFSA, FSCA, SBC, FCA, and the CySEC
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.cryptocurrencies, futures, commodities, 70+ Forex pairs, 150+ equity shares, stock indices
Min Deposit$100$100
Min Trade$0$1,000 (recommended) can fund $100 each time
PlatformsWeb, MobileFxPro Edge, (Proprietary), MetaTrader, cTrader
DepositFree of charge$100
WithdrawalsFree of charge$100

FxPro is a leading MetaTrader broker, offering both MT4 and MT5 platforms. It offers multiple account tiers and impressive execution methods. FxPro has a dedicated education section with written materials and videos. It is a good choice for traders of all levels of experience. 

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

Top findings from the Plus500 vs. FxPro review: 

  1. Plus500 is a safe, professional, and trustworthy online broker. 
  1. FxPro is a low-risk broker with a proprietary web platform and access to the MetaTrader suite. 
  1. Both brokers offer a demo account to test their offering. 

We recommend Plus500 to professional traders as it has limited educational materials and tools. FxPro is a good choice for traders of all levels of experience. 

Overall Rating

FeaturePlus500FxPro
Overall44
Commissions & Fees43.5
Offering of Investments43.5
Platforms & Tools44
Mobile Trading44
Research33.5
Education34
Trust Score9889
WinnerYES
72% of retail CFD accounts lose money77.37% of retail CFD accounts lose money

Level of experience  

Plus500 does not provide educational materials or videos. It is a top choice for professional investors, as it has premium platforms and tools. It has some useful trading tools, including watch lists. Plus500 offers a virtual trading account, useful for professional traders to test its tools. 

FxPro has a dedicated education section with useful materials, including videos. It offers an excellent foundation for new traders and social trading tools. FxPro provides insights from education leaders, including FXCM and IG. It is a good choice for traders of all levels of experience. 

Fees 

Plus500 has a minimum deposit fee of €100, while FxPro has a $100.00 fee. FxPro offers an active trader discount, while Plus500 doesn’t. Both online brokers have a transparent fee policy. 

Assets  

Both brokerage firms provide access to leading forex pairs, including EUR/USD and GBP/USD. Plus500 has 50 currency pairs, while FxPro has 70. Plus500 offers access to 2033 CFDs, while FxPro has 187 available CFDs. 

Trading platform  

Plus500 has a professional proprietary platform, a web, and a desktop platform. It offers limited educational and research data. Plus500 has an excellent mobile app with standard tools, including watch lists. Its platforms are challenging to learn for new traders. 

FxPro offers MetaTrader, cTrader, and a proprietary web platform, FxPro Edge. It comes with a virtual trading account, excellent social trading tools, and learning materials. FxPro is a good choice for both beginner and experienced traders. 

Banking services  

Banking services are an important aspect for traders of all levels of experience. Plus500 has a presence on London’s stock exchange. 

Both brokers offer many funding options, including bank transfers, PayPal, credit/debit, and Skrill. 

Final verdict  

Plus500 and FxPro are leading online brokers. Both have strengths and weaknesses depending on your skills and trading experience. We recommend Plus500 for professionals, as it has premium tools and platforms. FxPro is an excellent choice for traders of all levels of experience because of its useful learning tools. 

Plus500 compared to other brokers:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

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.

Previous articlePlus500 vs VT Markets
Next articlePlus500 vs TD Ameritrade
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here