Plus500

Plus500

🟢 Tier 1 Regulated
7.8
/ 10
vs
FXTM

FXTM

🟢 Tier 1 Regulated
8.0
/ 10

Plus500 vs FXTM

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Plus500 and FXTM 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. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, FXTM scored 8/10 overall compared to Plus500's 7.8/10, making it the stronger pick for most traders. That said, Plus500 holds its own with smoother deposits & withdrawals and wider product range, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FXTM scores 8/10 overall vs 7.8/10 for Plus500 — a 0.2-point difference.

  • 💵

    FXTM requires just $10 to start, while Plus500 needs $100 — FXTM is 10x more accessible.

  • 📈

    Plus500 offers 2,800+ instruments vs 600+ at FXTM — a massive gap in market coverage.

  • 🖥️

    Plus500 runs on Plus500 WebTrader, Plus500 App, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.

  • The biggest gap is in Education: FXTM scores 8.5 vs 5.5 for Plus500 — a 3.0-point difference.

Our Verdict

Plus500

Plus500

Score: 7.8/10 · Wins 2 categories
  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important
  • You prefer Plus500's trading environment overall
🏆 WINNER
FXTM

FXTM

Score: 8.0/10 · 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

FXTM takes the lead with an overall score of 8/10 compared to 7.8/10, winning in 5 out of 8 scoring categories. FXTM stands out for lower trading costs and better trading platforms, while Plus500 fights back with smoother deposits & withdrawals and wider product range.

Detailed Verdict

After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM 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 smoother deposits & withdrawals or wider product range may find Plus500 the better fit. For a complete breakdown, read our full FXTM review and Plus500 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Plus500
FXTM
Trading Costs
7.5 8.0

FXTM wins by 0.5 points

Platforms & Tools
7.0 7.5

FXTM wins by 0.5 points

Regulation & Trust
9.0 9.0
Education
5.5 8.5

FXTM wins by 3.0 points

Customer Service
7.0 7.5

FXTM wins by 0.5 points

Research & Analysis
6.5 7.0

FXTM wins by 0.5 points

Deposit & Withdrawal
8.5 8.0

Plus500 wins by 0.5 points

Product Range
8.0 7.0

Plus500 wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.8/10
8.0/10
Min Deposit
Lower is better
$100
$10
Max Leverage
1:300
1:2000
Spreads From
0.8 pips
0.0 pips
Platforms
Plus500 WebTrader, Plus500 App
MT4, MT5, FXTM Trader App
Regulation
FCA, CySEC, ASIC, MAS
CySEC, FCA, FSA
Founded
Older track record highlighted
2008
2011
Markets
2,800+
600+
Plus500: 0 FXTM: 1
💰

Fees & Costs

🏅 Section Winner: FXTM (7.5 vs 8.0)

When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 7.5/10 for Plus500. Plus500 offers spreads starting from 0.8 pips, while FXTM starts from 0.0 pips. The minimum deposit at Plus500 is $100, compared to $10 at FXTM. 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.

Plus500
7.5
FXTM
8.0
Plus500: 0 FXTM: 2
🖥️

Trading Platforms

🏅 Section Winner: FXTM (7.0 vs 7.5)

FXTM scores 7.5/10 for platforms compared to 7/10 for Plus500. Plus500 provides Plus500 WebTrader, Plus500 App, while FXTM offers MT4, MT5, FXTM Trader App. 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.

Plus500
7.0
FXTM
7.5
Plus500: 0 FXTM: 2
🛡️

Regulation & Safety

Regulation is crucial for fund safety. Plus500 is regulated by FCA, CySEC, ASIC, MAS (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). Plus500 scores 9/10 and FXTM scores 9/10 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.

Plus500
9.0
FXTM
9.0
Plus500: 0 FXTM: 3
📚

Education & Research

🏅 Section Winner: FXTM (5.5 vs 8.5)

For learning resources, FXTM leads with 8.5/10 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 FXTM 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.

Plus500
5.5
FXTM
8.5
Plus500: 0 FXTM: 4
🎧

Customer Support

🏅 Section Winner: FXTM (7.0 vs 7.5)

Plus500 offers 24/7 Live Chat, Email and scores 7/10, while FXTM provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. 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.

Plus500
7.0
FXTM
7.5
Plus500: 1 FXTM: 4
💳

Deposit & Withdrawal

🏅 Section Winner: Plus500 (8.5 vs 8.0)

Plus500 scores 8.5/10 for deposits and withdrawals, while FXTM scores 8/10. Plus500 accepts Bank Transfer, Credit Card, PayPal, Skrill, and FXTM supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Plus500 requires a minimum deposit of $100 versus $10 for FXTM. Always check withdrawal conditions and any potential fees before funding your account.

Plus500
8.5
FXTM
8.0

Which Broker Is Right for You?

Plus500

Choose Plus500 if you...

  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important
  • You prefer Plus500's trading environment overall
Visit Plus500
FXTM

Choose FXTM 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
Visit FXTM

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Plus500 better than FXTM?

FXTM scores higher overall (8/10 vs 7.8/10), winning 5 of 8 categories. However, Plus500 is stronger in smoother deposits & withdrawals and wider product range. The best choice depends on what matters most to your trading style.

Which has lower fees, Plus500 or FXTM?

FXTM scores higher for trading costs. Plus500 offers spreads from 0.8 pips with a $100 minimum deposit, while FXTM starts from 0.0 pips with $10 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. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Plus500 or FXTM?

FXTM scores 7.5/10 for platforms. Plus500 offers Plus500 WebTrader, Plus500 App, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Plus500 vs FXTM?

Plus500 requires a minimum deposit of $100, while FXTM requires $10. FXTM 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.

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