Freetrade vs Plus500 2026: Which Broker is Better?
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
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| 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 | 1:30 ✓ |
| 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 vs Plus500: Key Differences
Freetrade
Plus500
Fees Comparison
Freetrade
Lower feesPlus500
BrokerRank Verdict
Who Should Choose Which?
Freetrade
3.0/5
Choose Freetrade if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- Higher leverage (up to 1:30)
- More regulatory licences (4)
- More market types (6)
Also consider
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Both Freetrade & Plus500 are available in
Frequently Asked Questions
1Is Freetrade better than Plus500?
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.
2Which has lower fees, Freetrade or Plus500?
Freetrade offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Freetrade vs Plus500?
Freetrade requires a minimum deposit of $0. Plus500 requires $100.
4Which broker is safer, Freetrade or Plus500?
Freetrade is regulated by FCA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do Freetrade and Plus500 support?
Freetrade supports Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both Freetrade and Plus500?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Plus500
80% of retail CFD accounts lose money.