FxPro vs Plus500 compared

FxPro
Plus500
79.27% of retail CFD accounts lose money
86% of retail CFD accounts lose money
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score
    2.1
    /5
  • Trading platform combined score
    3.7
    /5
  • Research score
    4.5
    /5
  • Markets and products score
    4.0
    /5
  • Trading platform combined score
    4.9
    /5
  • Research score
    3.3
    /5
Recommended for
  • Investors and traders globally
  • Investors and traders globally
You can't open an account in United States
You can't open an account in United States
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Basic data of broker

Overall Score
4.2

Recommended for Forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform

Overall Score
4.7

Recommended for Experienced traders looking for an easy-to-use platform and a great user experience

Country of origin
Broker's country of establishment

Cyprus

Country of origin
Broker's country of establishment

Israel

Fees

Fees score
3.8
Fees score
4.0
Fees summary
BrokerChooser's qualitative summary on the broker's prices

Average trading and non-trading fees, high CFD fees

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Average trading and non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.5
Deposit and withdrawal score
5.0
Number of base currencies
How many account currencies you can choose from

8

Number of base currencies
How many account currencies you can choose from

16

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account
$100 minimum deposit
*

$100

*
Minimum deposit
The minimum amount you have to deposit for using the account
$100 for credit/debit cards and electronic wallets; $500 for bank transfers
*

$100

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Required documents
Documents required for opening an account

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

Required documents
Documents required for opening an account

Proof of identity: ID / passport / driving license, passport, residence permit Proof of residency: bank statement / utility bill / toll taxes letter / salary slip / address card

Trading platform

Web platform score
2.8
Web platform score
4.5
Mobile platform score
4.3
Mobile platform score
5.0
Desktop platform score
3.4
Desktop platform score
-

Markets and products

Markets and products score
2.1
Markets and products score
4.0
Stocks
Stocks are available
Stocks
Stocks are available
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
ETFs
ETFs are available
ETFs
ETFs are available
Forex
Forex is available
Forex
Forex is available
Provided as a Forex CFD
*
*
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFD
*
*
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFD
*
*
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFD disclaimer

Disclaimer: 79.27% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

CFD disclaimer

Disclaimer: 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.5
Research score
3.3
Charting quality

Mid-range

Charting quality

Great

Education score
4.0
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

£85,000 for cliens under FCA, €20,000 under CySEC, no protection under Bahamas

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

£85,000 in the UK, €20,000 in other EU countries, no protection for residents of all other countries

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

2006

Foundation date

2008

Country of regulation
Which countries' regulators oversee the broker

Cyprus, UK, Bahamas, South Africa

Country of regulation
Which countries' regulators oversee the broker

UK, Cyprus, Australia, New Zealand, Singapore, South Africa, Israel, Seychelles

FxPro

For detailed information and hands-on experience, read our review of this broker.

Plus500

For detailed information and hands-on experience, read our review of this broker.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

FxPro's service is slightly weaker than Plus500's and a comparison of their fees shows that FxPro's fees are similar to Plus500's.

Account opening takes about the same effort at FxPro compared to Plus500, deposit and withdrawal processes are somewhat more complicated at FxPro, while customer service quality is similar to Plus500's.

Our experts rated the trading platform of FxPro as less user-friendly than the platform of Plus500, found that clients have access to less markets and products with FxPro, while Plus500 provides less useful research and education.

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