Compare FP Markets vs Plus500


Online brokers compared for fees, trading platforms, safety and more. See how FP Markets stacks up against Plus500!

FP Markets vs Plus500
overall rating
4.4
4.3
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Quick deposits and withdrawals
  • Easy-to-use platform
  • Low CFD fees
  • Great account opening
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Outdated web and desktop platform
  • Limited product range, only CFDs
  • Minimal research tools
  • Mediocre educational section
fees
4.2
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High stock CFD fees
  • High fee for international bank withdrawal
2.9
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit for forex accounts
  • High minimum account balance for CFD and stock account types
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.7
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • Some withdrawal options are not free of charge
5.0
  • Credit/Debit card available
  • No deposit fee
  • Five withdrawals per month free
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Outdated design
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
markets and products
2.0
  • Forex
  • CFD
  • Crypto
  • Stocks traded on the Australian Securities Exchange
1.9
  • CFD
research
3.3
  • Trading ideas
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.5
  • Live chat
  • Fast response time
  • Great email support
  • No 24/7 support
5.0
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No phone support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
2.5
  • Demo account
  • Educational videos
  • No trading platform tutorial videos
  • No webinars
  • No educational articles
  • Negative balance protection under CySEC
  • €20,000 investor protection under CySEC
  • Does not hold a banking license
  • No negative balance protection under ASIC
  • No investor protection under ASIC
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
recommended for Forex and CFD traders familiar with MetaTrader and IRESS trading platforms Experienced traders looking for an easy-to-use platform and a great user experience
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