FxPro vs Plus500 compared

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

FxPro
Plus500
79.27% of retail CFD accounts lose money
79% of retail CFD accounts lose money

Last update of dataNov 2022

FxPro

FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas. It is also licensed by South Africa's FSCA.

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

Plus500

Plus500 is a global CFD broker, listed on the London Stock Exchange's Main Market and regulated by many authorities including the UK FCA and CySEC of Cyprus.

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

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.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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

Cyprus

Country of origin

Israel

Fees

Fees score
3.8
Fees score
4.0
Fees summary

Average trading and non-trading fees, high CFD fees

Fees summary

Average trading and non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures 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

8

Number of base currencies

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
*

$100

*
Minimum deposit
*

$100

*
Time to open account

1 day

Time to open account

1 day

Required documents

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

Required documents

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
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
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: 79% 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
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

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

Investor protection amount

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

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2006

Foundation date

2008

Country of regulation

Cyprus, UK, Bahamas, South Africa

Country of regulation

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.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

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