FxOpen vs Plus500 2026: Which Broker is Better?
In comparing FxOpen and Plus500, traders will find key differences in their platform offerings and trading conditions. FxOpen appeals to experienced traders seeking advanced trading platforms like MT4, MT5, and cTrader, alongside ECN execution and highly competitive leverage up to 1:500. Conversely, Plus500 is ideal for beginner traders due to its user-friendly proprietary platform, no commission trading, and extensive range of over 2,800 instruments, although it lacks the option for real asset ownership. While FxOpen offers a significantly lower minimum deposit, Plus500 provides broader regulatory oversight across multiple jurisdictions.
FxOpen
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.
| FxOpen | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 4.0/5 ✓ |
| Min. Deposit | $1 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:30 |
| Regulation | FCA, ASIC | FCA, CySEC, ASIC ✓ |
| Platforms | MT4, MT5, cTrader | 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, FxOpen offers lower spreads (0 pips).
See full side-by-side comparison belowFxOpen vs Plus500: Key Differences
FxOpen
Plus500
WinnerFees Comparison
FxOpen
Plus500
BrokerRank Verdict
Who Should Choose Which?
FxOpen
3.7/5
Choose FxOpen if you want…
- Tighter spreads (from 0 pips)
- Lower minimum deposit ($1)
- Higher leverage (up to 1:500)
- More established (est. 2005)
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- More regulatory licences (4)
- More market types (6)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both FxOpen & Plus500 are available in
Frequently Asked Questions
1Is FxOpen better than Plus500?
Plus500 scores higher overall on our independent rating system. FxOpen 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, FxOpen or Plus500?
FxOpen 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 FxOpen vs Plus500?
FxOpen requires a minimum deposit of $1. Plus500 requires $100.
4Which broker is safer, FxOpen or Plus500?
FxOpen is regulated by FCA, ASIC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do FxOpen and Plus500 support?
FxOpen supports MT4, MT5, cTrader. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both FxOpen and Plus500?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
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.