FxPro vs Plus500 2026: Which Broker is Better?

Regulation & Safety

FxPro is a well-regarded broker headquartered in London, UK, and is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). FxPro offers significant fund protection schemes, including negative balance protection, ensuring client funds are safeguarded. The broker's strong regulatory standing provides a high level of trust and safety for its clients.

Plus500, based in Haifa, Israel, is regulated by the FCA, CySEC, ASIC, and the Monetary Authority of Singapore (MAS). This multi-jurisdictional regulation offers a broad safety net for traders. However, Plus500's focus on CFDs means there is no real asset ownership, which might pose a different risk profile compared to brokers offering direct market access.

Fees & Spreads

FxPro offers spreads starting from 0.6 pips with no commission on trades. While the spreads are competitive, they tend to be higher on standard accounts. FxPro does not charge a commission, making it attractive for traders seeking low-cost trading. The minimum deposit required to begin trading with FxPro is $100. The broker provides a maximum leverage of 1:500, which can be advantageous for traders looking to maximise their trading potential.

Plus500 also offers spreads starting from 0.6 pips with a no-commission structure, making it appealing for cost-conscious traders. The broker requires a minimum deposit of $100 and offers a maximum leverage of 1:300. While Plus500's fee structure is transparent, it charges an inactivity fee after three months of non-trading, which could be a consideration for less active traders.

Trading Platforms

FxPro supports multiple trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with proprietary web and mobile platforms. This variety offers traders flexibility in choosing a platform that suits their trading style. Plus500, on the other hand, provides a proprietary web and mobile platform known for its simplicity and user-friendly interface, which is particularly well-suited to beginners but lacks the advanced features found in MT4 and MT5.

Who Should Choose FxPro?

• Traders looking for a broker regulated by the FCA.
• Traders who prefer using MT4 or MT5.
• Professional traders seeking high leverage up to 1:500.
• Traders who value negative balance protection.

Who Should Choose Plus500?

• Beginner traders seeking a simple and intuitive platform.
• Traders who want access to a wide range of instruments (2,800+).
• Cost-conscious traders who prefer no-commission trading.
• Traders comfortable with trading CFDs without real asset ownership.

Our Verdict

For beginners, Plus500's simple platform and no-commission structure make it the better choice. For professional traders, FxPro's support for MT4/MT5 and higher leverage options make it more suitable. In terms of fees, both brokers offer competitive spreads, but Plus500's inactivity fee is a factor to consider for less active traders.