FXCM
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
In the competitive world of online trading, FXCM and Plus500 stand out as prominent brokers with distinct offerings tailored to different types of traders. FXCM, with its headquarters in London and a history dating back to 1999, appeals to forex enthusiasts and traders interested in automated strategies, offering low spreads and the robust MT4 platform. In contrast, Plus500, based in Haifa since 2008, attracts beginner and intermediate traders with its user-friendly proprietary platform and extensive range of CFDs, including cryptocurrencies. While FXCM is renowned for its educational resources and automated trading capabilities, Plus500 is distinguished by its expansive instrument range and straightforward, commission-free trading experience.
FXCM
Plus500
| FXCM | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.0/5 ✓ |
| Min. Deposit | $50 | $100 ✓ |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:400 ✓ | 1:300 |
| Regulation | FCA, ASIC | FCA, CySEC, ASIC ✓ |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowFXCM
Plus500
FXCM
Lower feesPlus500
FXCM
3.7/5
Choose FXCM if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. FXCM holds a 3.7/5 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.
FXCM offers spreads from 0.2 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. Plus500 requires $100.
FXCM is regulated by FCA, ASIC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
FXCM supports MT4, 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.