Plus500 and XTB are leading brokerage firms. Plus500 has a transparent fee policy and funding process with an initial deposit of US$100. It has top-tier licenses from the MAS, FCA, and ASIC. We recommend it for professional traders because it offers limited research and learning tools.
|Regulation||FCA, ASIC, CySEC, FSCA, FMA, MAS, FSA||FCA, KNF, BaFIN, CNMV, AMF, CySEC, and FSC|
|Tradable Assets||Forex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.||CFDs on 3900 stocks and ETFs, 22 commodities, 42 indices, 25 cryptocurrencies, 49 forex pairs, 7800 cash equities (i.e., non-leveraged), 150 ETFs|
|Min Deposit||$100||250 ($, £, €)|
|Platforms||Web, Mobile||xStation 5 (proprietary), MT4 (Higher spread)|
|Deposit||Free of charge||100 ($, £, €) – free|
|Withdrawals||Free of charge||100 ($, £, €) – free|
XTB is the leading online broker for inexperienced traders. It has an FCA license and a transparent fee policy. XTB has easy-to-learn trading platforms and many educational tools. It is a good fit for new traders who want to improve their skills.
Both online brokers have strengths and weaknesses. This article discusses the differences between Plus500 and XTB.
Top findings from the Plus500 vs. XTB review:
- Plus500 is a trustworthy broker with transparent fees and funding processes.
- XTB is the leading beginner-friendly broker with reliable educational data.
- Both brokers offer a virtual trading account to test their offering.
Plus500 is an excellent choice for professional traders as it has limited educational and research tools. We recommend XTB for beginner traders because of its straightforward platforms, educational tools, and tutorials.
|Commissions & Fees||4||4|
|Offering of Investments||4||5|
|Platforms & Tools||4||4.5|
|72% of retail CFD accounts lose money||77% of retail CFD accounts lose money|
Level of experience
Beginner traders prefer XTB over Plus500. XTB is the first choice for inexperienced traders as it has a simple-to-learn platform. All its tools are user-friendly, and it offers reliable educational materials.
Plus500 doesn’t include educational tools for its clients. It is a good choice for professional traders because of its premium platforms. It offers some useful trading tools, including an economic calendar. Plus500 offers an excellent trading experience for experienced traders.
Plus500 has an initial deposit of €100. XTB doesn’t charge an initial deposit for creating an account, and it offers an active trader discount. Both brokers have a transparent fee structure.
Both online brokers offer access to leading forex pairs, including AUD/USD, EUR/USD, and GBP/USD. Plus500 offers 50 currency pairs, while XTB has 49. Plus500 has 2033 available CFDs, while XTB offers access to 9600 CFDs.
Plus500 has a professional proprietary platform, a web platform, and a desktop platform. It offers limited educational materials and research tools. Plus500 has an excellent mobile app with standard watch lists and alerts. Its platforms are challenging to learn for inexperienced traders.
XTB offers a beginner-friendly proprietary platform, desktop platform, web platform, and mobile app. It provides access to social trading and MetaTrader4. Its demo account lets new traders test its offering with virtual money.
Banking services are an important component of online trading. Plus500 is present on London’s stock exchange. Both brokers offer many funding options, including PayPal, Skrill, bank transfers, and credit/debit.
Plus500 and XTB are leading online brokers. Both have strengths and weaknesses depending on your trading experience. We recommend Plus500 to experienced traders who want to use a premium platform. XTB is the best choice for beginner traders, as it offers useful learning and research data.
Plus500 compared to other brokers:
- Plus500 vs eToro
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- Plus500 vs Pepperstone
- Plus500 vs Interactive Brokers
- Plus500 vs XTB
- Plus500 vs TD Ameritrade
- Plus500 UAE
- Plus500 vs FXpro
- Plus500 vs VT Markets
- Plus500 vs OnadA
- Plus500 vs Swissquote
- Plus500 vs Tickmill
- Plus500 vs CMC
- Plus500 vs City Index
- Plus500 vs Forex.com
- Plus500 vs IC Markets
- Plus500 vs Hycm
- Plus500 vs IG
- Plus500 vs Vantage FX
- Plus500 vs Moneta Markets
- Plus500: Minimum Deposit Amount
- Plus500: Account opening
- Plus500: trading app
- Plus500: Customer service
- Plus500: Safety
- Plus500: Beginners
- How to buy silver on Plus500
- Can you trade options on Plus500?
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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.