easyMarkets and Plus500 Compared

easyMarkets versus Plus500 - Compare both Brokers

easyMarkets versus Plus500 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100Web Trader & Apps, MT4200+CySEC, ASIC
$100Web Trader & Apps2000+FCA, ASIC, CySEC, FSCA, FMA, MAS & IE

easyMarkets and Plus500 Comparison

easyMarkets and Plus500 are regulated brokers offering CFDs to trade. Both have a web trader with apps, easyMarkets additionally provides MT4.

Plus500 has offer more markets to trade. While easyMarkets does not offer Shares CFDs (while Plus500 does), it has a relatively large offering of Forex pairs and products.

easyMarkets is regulated by the CySEC in Cyprus and the ASIC in Australia. Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546.

Quick comparison

Both brokers offer web traders and apps while easyMarkets also provides MT4. Plus500 can offer more markets.

Why easyMarkets or Plus500 ?

Both of these brokers offer accessible web traders (and apps), thus supporting discretionary trading, where the trader makes their own trading decisions. Plus500 has focused on providing a platform which is particularly clear in its layout. easyMarkets also offers MT4, thus supporting traders who wish to use automated trading strategies. For discretionary traders, Plus500 has considerably more markets available, though easyMarkets has more Forex pairs. This said, Plus500 has more Cryptocurrency CFDs.

Account types and minimum deposit

The minimum deposit for easyMarkets is $100. The minimum deposit for Plus500 is also $100.

  • easyMarkets offers a Standard account with a minimum deposit of $100 and a VIP account with a minimum deposit of $2,500.
  • All easyMarkets account types have customer support and a personal account manager. The VIP account additionally has telephone trading, access to the tightest spreads at easyMarkets, a personal analyst and real time SMS market updates. The minimum trade size is 0.01 lots.
  • Plus500 offers a CFD trading account type for which the minimum deposit is $/€/100 or AU$200. It provides an Economic Calendar on its website covering news events and market effects.

Markets

  • easyMarkets offers Currency Pairs, Commodities, Indices, Options and Cryptocurrencies.
  • Plus500 offers CFD trading in Currency Pairs, Commodities, Indices, Options, Cryptocurrencies, Stocks and ETFs.

Plus500 provides more CFDs, with over 2000 CFDs available, versus over 200 individual markets available on easyMarkets (there are less individual markets available on MT4, namely 150+).

However easyMarkets has more Currency Pairs on offer, 136 Day Trade/Spot FX, 48 FX Forwards plus 58 Vanilla Options FX pairs, versus 55+ for Plus500. Why the difference in numbers of CFDs offered ? Because easyMarkets is Forex focused and does not offer Share CFDs, which make up the bulk of the difference. However Plus500 does offer more Cryptocurrency CFDs

Cryptocurrency CFDs

  • easyMarkets provides Bitcoin, Ethereum and Ripple.
  • Plus500 provides Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, IOTA, NEO, Monero, EOS, Stellar, Cardano and TRON.

Leverage and spreads

Maximum leverage at easyMarkets (CySEC regulated) is . Maximum leverage at Plus500 (FCA or CySEC regulated) is .

  • Spreads at easyMarkets are fixed and are from 1 for EUR/USD, 2 for UK100, 0.35 for Gold and 0.04 for US Oil.
  • Plus500 offers fixed and variable spreads depending on the instrument.

Online trading platforms

Both broker provide web traders. easyMarkets additionally offers MT4. Both provide apps.

Comparison summary

  • Both brokers offer CFD trading
  • Plus500 offers Stocks CFDs
  • Plus500 has more markets overall
  • Both provide web traders and apps
  • easyMarkets additionally offers MT4 and allows EAs

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