Markets.com vs Plus500 compared

Markets.com
Plus500
79.9% 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.
  • Fees score
    2.0
    /5
  • Markets and products score
    2.1
    /5
  • Research score
    4.5
    /5
  • Fees score
    4.0
    /5
  • Markets and products score
    4.0
    /5
  • Research score
    3.3
    /5
Recommended for
  • Forex
    3.9
    /5
  • Investors and traders globally
You can't open an account in United States
You can't open an account in United States

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

Basic data of broker

Overall Score
3.8

Recommended for Traders looking to venture into CFD trading

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
2.0
Fees score
4.0
Fees summary

High trading fees, average non-trading fees

Fees summary

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
5.0
Deposit and withdrawal score
5.0
Number of base currencies

11

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: ID / passport / driver's license / National ID / Government ID containing photo, full name, date of birth, expiration date Proof of residency: bank statement / utility bill / internet bill / landline phone / tv service

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
3.8
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: 79.9% 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

Great

Charting quality

Great

Education score
5.0
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

€20,000 in Europe, £85,000 in the UK, no protection in South Africa, Australia and other countries

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

2008

Foundation date

2008

Country of regulation

Cyprus, UK, Australia, South Africa, British Virgin Islands

Country of regulation

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

Markets.com

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.

Markets.com's service is slightly weaker than Plus500's and a comparison of their fees shows that Markets.com's fees are higher than Plus500's.

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

Our experts rated the trading platform of Markets.com as somewhat worse than the platform of Plus500, found that clients have access to less markets and products with Markets.com, while Plus500 provides less useful research and education.

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