FXCM vs Plus500 2026: Which Broker is Better?
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
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.
| 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 ✓ | 1:30 |
| 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 vs Plus500: Key Differences
FXCM
Plus500
Fees Comparison
FXCM
Lower feesPlus500
BrokerRank Verdict
Who Should Choose Which?
FXCM
3.7/5
Choose FXCM if you want…
- Tighter spreads (from 0.2 pips)
- Lower minimum deposit ($50)
- Higher leverage (up to 1:400)
- More established (est. 1999)
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- More regulatory licences (4)
- More market types (6)
Also consider
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Both FXCM & Plus500 are available in
Frequently Asked Questions
1Is FXCM better than Plus500?
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.
2Which has lower fees, FXCM or Plus500?
FXCM offers spreads from 0.2 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXCM vs Plus500?
FXCM requires a minimum deposit of $50. Plus500 requires $100.
4Which broker is safer, FXCM or Plus500?
FXCM is regulated by FCA, ASIC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do FXCM and Plus500 support?
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both FXCM 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
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.