Freetrade
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
In the realm of online trading, Freetrade and Plus500 cater to distinctly different types of traders, each with unique needs and preferences. Freetrade, headquartered in London and regulated by the FCA, appeals primarily to UK-based investors seeking commission-free stock and ETF trading via a user-friendly mobile app, with options for ISAs and SIPPs. In contrast, Plus500, with a broader regulatory footprint, is ideal for traders interested in a wide array of CFD instruments, including forex, commodities, and cryptocurrencies, offering higher leverage and a more comprehensive market reach. The key distinction lies in Freetrade's focus on long-term stock investing and Plus500's emphasis on diversified CFD trading.
Freetrade
Plus500
| Freetrade | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:300 ✓ |
| Regulation | FCA | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade
Plus500
Freetrade
Lower feesPlus500
Freetrade
3.0/5
Choose Freetrade if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. Freetrade holds a 3.0/5 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.
Freetrade offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
Freetrade requires a minimum deposit of $0. Plus500 requires $100.
Freetrade is regulated by FCA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
Freetrade supports 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.