FOREX.com vs Plus500 - Online Brokerage Comparison

FOREX.com vs Plus500
FOREX.com versus Plus500 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$100
Minimum Deposit
Advanced Trading Platform, Web Trader, MT4
Trading Platforms
300+
Markets To Trade
FOREX.com provides trading (including automated trading) on MT4 and offers a user friendly Web Trader
About
$100
Minimum Deposit
Web Trader a& Apps
Trading Platforms
2000+
Markets To Trade
Plus500 has a wide range of CFD markets to trade on a user friendly trading platform
About

FOREX.com and Plus500 Comparison

Plus500 offers its platform across a range of devices. FOREX.com offers a user friendly Web Trader and its Advanced Trading Platform and MT4 both of which are downloadable and available as apps.

Plus500 focuses on the discretionary trading experience with an intuitive platform design for traders who execute their own trades which also has a wide range of technical indicators. Plus500's platform is available both as a web trader and a desktop download app as well as mobile, tablet and watch apps.

FOREX.com offers support for automated trading as it has MT4 supporting EAs and the use of a VPS, as well as trading for this who execute their own trades. FOREX.com's Advanced Trading Platform offers programmable charting signals, for traders who want to trade using signals on the chart.

Both have a range of CFDs available, though Plus500 has more, however FOREX.com has more Forex pairs. Both are regulated by a wide range of regulatory bodies around the world.

Quick comparison

Both offer user friendly web traders. Plus500 has more markets. FOREX.com offers MT4 and its Advanced Platform as well.

Minimum deposit and account types

The minimum deposit for FOREX.com is $/€/£100. The minimum deposit for Plus500 is $/€/£100 or AU$200.

  • FOREX.com offers CFD trading. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
  • Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.

Markets

  • FOREX.com offers CFDs on Forex, Indices, Metals, Energy, Soft Commodities, Cryptocurrencies and Stocks, with 300+ available.
  • Plus500 offers CFDs on Forex, Indices, Energy, Metals, Soft Commodities, Cryptocurrencies, Stocks, ETFs and Options, with 2000+ available.
FOREX.com vs Plus500 Summary Table
BrokerTrading PlatformsDescription
FOREX.com
Broker
MT4, Web Trader, Advanced Trading Platform
Trading Platforms
FOREX.com is a major MT4 broker offering MT4 trading, including MT4 automated trading and provides a user friendly Web Trader
Description
Plus500
Provider
Web Trader & Apps
Trading Platforms
Plus500 offers a wide range of CFD markets to trade on a user friendly, intuitive platform with integrated analysis tools
Description

Cryptocurrency CFDs

  • FOREX.com offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.
  • Plus500 provides CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, IOTA, NEO, Monero, EOS, Stellar, Cardano and TRON.

Spreads

FOREX.com provides Forex spreads from 0.8. Plus500 offers variable spreads depending on the instrument.

Online trading platforms

FOREX.com offers the Advanced Trading Platform, a web trader, MT4 and apps. Plus500 offers a web trader, a downloaded version and apps.

Why FOREX.com or Plus500 ?

Traders who want to trade on MT4 can do so at FOREX.com. Traders who want to trade on a user friendly platform can do this at either broker. Those who want to trade a larger number of CFD markets can do so at Plus500. Traders who want to use automated trading can do so at FOREX.com.

Comparison summary

  • Both offer CFD trading
  • FOREX.com offers MT4
  • Both provide user friendly platforms
  • Plus500 has more CFD markets to trade
  • FOREX.com has automated trading