FXTM vs Plus500 2026: Which Broker is Better?
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
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.
| 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 ✓ | 1:30 |
| 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 vs Plus500: Key Differences
FXTM
Plus500
WinnerFees Comparison
FXTM
Plus500
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Tighter spreads (from 0.1 pips)
- Lower minimum deposit ($10)
- Higher leverage (up to 1:2000)
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 FXTM & Plus500 are available in
Frequently Asked Questions
1Is FXTM better than Plus500?
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.
2Which has lower fees, FXTM or Plus500?
FXTM offers spreads from 0.1 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs Plus500?
FXTM requires a minimum deposit of $10. Plus500 requires $100.
4Which broker is safer, FXTM or Plus500?
FXTM is regulated by FCA, CySEC, FSCA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do FXTM and Plus500 support?
FXTM supports MT4, MT5. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both FXTM 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.