Higher Rated
Plus500
Capital at risk · T&Cs apply
In the realm of online trading, Firstrade and Plus500 cater to distinct trader profiles with their unique offerings. Firstrade, with its roots in the United States and a focus on stocks, indices, and options, appeals primarily to stock traders seeking zero-commission trading and no minimum deposit requirements. In contrast, Plus500, headquartered in Israel, attracts traders interested in a wide array of CFDs, forex, and cryptocurrencies, offering substantial leverage and a straightforward platform suitable for beginners. The key difference lies in Firstrade’s emphasis on traditional stock trading versus Plus500’s extensive CFD and forex markets, making each broker appealing to different types of investors.
Firstrade
Plus500
| Firstrade | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:2 | 1:300 ✓ |
| Regulation | SEC, CFTC | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade
Plus500
Firstrade
Lower feesPlus500
Firstrade
3.4/5
Choose Firstrade if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs Plus500's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Firstrade offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. Plus500 requires $100.
Firstrade is regulated by SEC, CFTC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
Firstrade supports Proprietary Web, Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.