FXTM
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
In the competitive world of online trading, FXTM and Plus500 stand out as prominent brokers, each catering to distinct trader profiles. FXTM, with its strong regulatory framework and support for MT4 and MT5, appeals to traders seeking a low-cost entry point and diverse account types, particularly in Africa and Asia. In contrast, Plus500 offers a user-friendly, commission-free trading experience with its proprietary platform, making it attractive to beginners and those interested in a wide array of instruments, including cryptocurrencies. The key difference lies in FXTM's focus on high leverage and traditional platforms, whereas Plus500 prioritises simplicity and variety without the complexities of asset ownership.
FXTM
Plus500
| FXTM | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.0/5 ✓ |
| Min. Deposit | $10 ✓ | $100 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:2000 ✓ | 1:300 |
| Regulation | FCA, CySEC, FSCA | FCA, CySEC, ASIC ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowFXTM
Plus500
WinnerFXTM
Plus500
FXTM
3.6/5
Choose FXTM if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. FXTM holds a 3.6/5 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.
FXTM offers spreads from 0.1 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. Plus500 requires $100.
FXTM is regulated by FCA, CySEC, FSCA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
FXTM supports MT4, MT5. 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
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.