Plus500
FP Markets
Plus500 vs FP Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Plus500 and FP Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Plus500, founded in 2008 and headquartered in Haifa, Israel, is regulated by FCA, CySEC, ASIC, MAS and offers spreads starting from 0.8 pips with a minimum deposit of $100. FP Markets, established in 2005 in Sydney, Australia, holds licenses from ASIC, CySEC with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, FP Markets scored 8.2/10 overall compared to Plus500's 7.8/10, making it the stronger pick for most traders. That said, Plus500 holds its own with stronger regulation and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FP Markets scores 8.2/10 overall vs 7.8/10 for Plus500 — a 0.4-point difference.
- 📈
FP Markets offers 10,000+ instruments vs 2,800+ at Plus500 — a massive gap in market coverage.
- 🖥️
Plus500 runs on Plus500 WebTrader, Plus500 App, while FP Markets uses MT4, MT5, cTrader, IRESS — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Platforms & Tools: FP Markets scores 8.5 vs 7.0 for Plus500 — a 1.5-point difference.
Our Verdict
Plus500
Score: 7.8/10 · Wins 2 categories- Top-tier regulation and fund safety are your priority
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
FP Markets
Score: 8.2/10 · Wins 5 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Responsive customer support matters to you
FP Markets takes the lead with an overall score of 8.2/10 compared to 7.8/10, winning in 5 out of 8 scoring categories. FP Markets stands out for lower trading costs and better trading platforms, while Plus500 fights back with stronger regulation and smoother deposits & withdrawals.
Detailed Verdict
After testing both brokers with real accounts, FP Markets comes out ahead with a 8.2/10 overall rating, winning 5 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. FP Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Plus500 is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 2 categories. Traders who value stronger regulation or smoother deposits & withdrawals may find Plus500 the better fit. For a complete breakdown, read our full FP Markets review and Plus500 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FP Markets wins by 1.0 points
FP Markets wins by 1.5 points
Plus500 wins by 0.5 points
FP Markets wins by 1.5 points
FP Markets wins by 1.0 points
FP Markets wins by 1.0 points
Plus500 wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.8/10 | 8.2/10 ✓ |
| Min Deposit Lower is better | $100 ✓ | $100 ✓ |
| Max Leverage | 1:300 | 1:500 |
| Spreads From | 0.8 pips | 0.0 pips |
| Platforms | Plus500 WebTrader, Plus500 App | MT4, MT5, cTrader, IRESS |
| Regulation | FCA, CySEC, ASIC, MAS | ASIC, CySEC |
| Founded Older track record highlighted | 2008 | 2005 ✓ |
| Markets | 2,800+ | 10,000+ ✓ |
Fees & Costs
When it comes to trading costs, FP Markets has the edge with a score of 8.5/10 versus 7.5/10 for Plus500. Plus500 offers spreads starting from 0.8 pips, while FP Markets starts from 0.0 pips. The minimum deposit at Plus500 is $100, compared to $100 at FP Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FP Markets scores 8.5/10 for platforms compared to 7/10 for Plus500. Plus500 provides Plus500 WebTrader, Plus500 App, while FP Markets offers MT4, MT5, cTrader, IRESS. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Plus500 is regulated by FCA, CySEC, ASIC, MAS (Tier 1), while FP Markets holds licenses from ASIC, CySEC (Tier 1). Plus500 scores 9/10 and FP Markets scores 8.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FP Markets leads with 7/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Plus500 and FP Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Plus500 offers 24/7 Live Chat, Email and scores 7/10, while FP Markets provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Plus500 scores 8.5/10 for deposits and withdrawals, while FP Markets scores 8/10. Plus500 accepts Bank Transfer, Credit Card, PayPal, Skrill, and FP Markets supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller. Processing times, fees, and available currencies vary. Plus500 requires a minimum deposit of $100 versus $100 for FP Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Plus500 if you...
- Top-tier regulation and fund safety are your priority
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
Choose FP Markets if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Responsive customer support matters to you
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Plus500 better than FP Markets?
FP Markets scores higher overall (8.2/10 vs 7.8/10), winning 5 of 8 categories. However, Plus500 is stronger in stronger regulation and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.
Which has lower fees, Plus500 or FP Markets?
FP Markets scores higher for trading costs. Plus500 offers spreads from 0.8 pips with a $100 minimum deposit, while FP Markets starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Plus500 safe to trade with?
Plus500 is regulated by FCA, CySEC, ASIC, MAS and scores 9/10 for regulation. FP Markets is regulated by ASIC, CySEC with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Plus500 or FP Markets?
FP Markets scores 8.5/10 for platforms. Plus500 offers Plus500 WebTrader, Plus500 App, while FP Markets provides MT4, MT5, cTrader, IRESS. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Plus500 vs FP Markets?
Plus500 requires a minimum deposit of $100, while FP Markets requires $100. FP Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.