Plus500 versus Spread Co - Compare both Brokers

Plus500 versus Spread Co - Compare both Brokers

Plus500 versus Spread Co
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100Web Trader & Apps2000+FCA
$250Saturn Web Trader & Apps1500+FCA, CySEC, ASIC, FSCA, FMA, MAS & IE

Plus500 and Spread Co Comparison

Spread Co offers spread betting and CFD Trading and Plus500 offers CFD trading. Each has a relatively large number of markets available. Plus500 has a range of cryptocurrencies, while Spread Co offer Bitcoin Futures. Each broker has a range of charting tools for discretionary trading.

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. Spread Co is regulated by the FCA in the United Kingdom.

Quick comparison

Both offer web traders and apps and CFD trading, Spread Co also provides spread betting in the UK.

Accounts

  • Plus500 provides CFD trading. It offers an Economic Calendar on its website covering news events and market effects.
  • Spread Co has three spread betting account types: Spread Free, Spread Free Bronze and Standard. It also has a CFD trading account. Spread Free and Spread Free Bronze offers zero spreads on some markets, T&Cs apply. Spread Free Bronze charges a fee and has less restrictions. Spread Co provides news and analysis on its website and a relationship manager for all account holders.

Minimum deposit

The minimum amount which can be deposited with Plus500 is $/€/£100 or AU$200. The minimum recommended amount to be deposited with Spread Co is £200 for spread betting and £250 for CFD trading.

Markets

  • Plus500 offers CFD trading in Currency Pairs, Commodities, Indices, Stocks, ETFs, Cryptocurrencies and Options.
  • Spread Co offers trading in Currency Pairs, Commodities, Indices, Equities, ETFs, Bitcoin Futures and ADRs.

Cryptocurrencies

  • Plus500 offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, IOTA, NEO, Monero, EOS, Stellar, Cardano and TRON.
  • Spread Co provides Bitcoin Futures.

Plus500 offers 2000+ CFDs, versus 1500+ markets offered by Spread Co.

Spread and leverage

  • Plus500 offers fixed and variable spreads depending on the instrument.
  • Spread Co offers fixed spreads on its spread betting and CFD platforms. For spread betting, Spread Co offers fixed spreads of 0.8 for EUR/USD and UK100, 0.4 for Gold and 0.05 for US Crude Oil. Spread Co's spreads can change with higher order sizes and outside of market hours. For CFDs, Spread Co offers fixed spreads of 1.5 for EUR/USD, 1 for UK100, 0.4 for Gold and 0.04 for US Crude Oil.

Maximum leverage for Plus500 is . Maximum leverage for Spread Co is .

Platform

easyMarkets offers over 40 technical indicators, Plus500 offers over 95 technical indicators. Plus500 offers time frames from tick to 1 week, Spread Co offers time frames from 1 minute to 1 day.

Plus500 offers Candle, Hollow Candle, Bar, Colored Bar, Line, Baseline and Mountain charts, Spread Co offers Candlestick, OHLC, Line, Area, Bar, Spline, Steep Line, Spline Area, Steep Line Area and Range Bar charts.

Neither broker offers the MT4 trading platform.

Why Plus500 or Spread Co ?

Both brokers provide support for traders who make their own trading decisions, with web traders and apps. While each has CFD trading, Spread Co additionally provides spread betting in the UK.

Comparison summary

  • Plus500 offers CFD trading
  • Spread Co offers CFD trading and spread betting
  • Plus500 provides a larger number of instruments
  • Both brokers provide their own platforms, which each have a range of charting features
  • Plus500 can offer competitive variable CFD spreads
  • Spread Co can offer competitive fixed CFD spreads
  • Spread Co can also provide low fixed spread betting spreads

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