Plus500
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72% of retail CFD accounts lose money

Vs.

FP Markets
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70.70% of retail CFD accounts lose money

Plus500 Vs. FP Markets - Compare and Choose the Right One

Updated Nov 25 2021

Visit

72% of retail CFD accounts lose money

Visit

70.70% of retail CFD accounts lose money

Overview

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

FPMarkets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

Best For
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
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The Good
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
  • Customisable or removable leverage
  • Broad asset offering (10,000 +)
  • Competitive forex commissions
The Bad
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

🏛 Financial Regulators
Cyprus Securities and Exchange Commission
Monetary Authority of Singapore
Financial Conduct Authority
Australian Securities and Investments Commission
Australian Securities and Investments Commission
Cyprus Securities and Exchange Commission
Financial Services Authority - St. Vincent and the Grenadines
📍 Year Founded
2008 2005
💳 Minimum Deposit
$, €, £ - 100 $100
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, CU, SY, IR. US, JP, BE, NZ, SY.
📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets
Stocks
Currencies
Cryptos
Commodities
ETFs
CFDs
Indices
Options
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
📙 Stocks
2000+ 10,000 +
📘 Currency Pairs
70 65
📗 Commodities
25 13
📕 Indices
26 14
📔 ETFs
95 N/A
💸 Cryptocurrencies
14 4
📒 Bonds
N/A N/A
📓 Options
Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, DeutscheBank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD. N/A
📗 Futures
N/A N/A
📝 Notes:
All Plus500 assets are CFDs. All FPMarkets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock (Eg: 0.05 units of Tesla) Varies by Stock
📉 Minimum ETFs Trade Size
Varies by ETF (Eg: 0.5 units of XLK) N/A
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC) Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 $1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls) N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:300 Up to 1:500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
Yes, $10 every 3 months No
💰 Deposit Fees
No Yes depending on method (Eg: Not for credit cards)
💰 Withdrawal Fees
No Yes depending on method (Eg: Not for credit cards)
💰 Commissions
No Standard account is free, Raw account is $3 per lot per trade. For stocks there are several account types with hybrid fees such as $10 minimum and additional 0.1%.
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 70 Pips Dynamic - From 40 to 60 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
Dynamic - From $5.2 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips N/A
📉 BTC
Dynamic - From $136 Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
No, only allows setting an individual favourites list Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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