Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs Plus500, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FOREX.com (founded 1999) and Plus500 (founded 2008) are both publicly traded online brokers—not banks—and each holds a 99/99 Trust Score from ForexBrokers.com. On that scale, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted, placing both firms in the highest trust group.
Looking at regulation, FOREX.com and Plus500 each hold seven Tier-1 licenses, which ForexBrokers.com considers highly trusted. For Tier-2 licenses, FOREX.com holds two while Plus500 holds four. In short, both brands are widely regulated at the top level, with Plus500 carrying more additional mid-tier licenses.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Year Founded | 1999 | 2008 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 7 | 7 |
| Tier-2 Licenses | 2 | 4 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing FOREX.com vs. Plus500 for commissions and fees, FOREX.com comes out ahead overall. FOREX.com is rated 4.5 out of 5 stars and ranks #15 out of 36 brokers for commissions and fees, while Plus500 is rated 4.0 out of 5 stars and ranks #24 out of 36. FOREX.com’s pricing is a little higher than the industry average in some cases, but it offers more choices, including a Standard account and a commission-based RAW account with lower spreads and volume-based rebates for active traders.
FOREX.com’s Standard account can be pricier, especially in the U.S., where EUR/USD spreads averaged 1.4 pips, though its RAW account is much tighter at around 0.13 pips before commission. The RAW account charges $7 per standard lot round turn, and the extra cost can still make it competitive for more active traders. Plus500 is simpler, but its pricing is also slightly above average, with EUR/USD spreads averaging 1.5 pips in April 2024, and it does not offer retail client discounts.
For most traders, FOREX.com is the better pick if low trading costs and account flexibility matter more, especially for active traders who may qualify for rebates. Plus500 may appeal to traders who want a straightforward fee structure, but its spreads are generally higher and it has fewer ways to lower costs. In short, FOREX.com offers better value on commissions and fees, while Plus500 is easier to understand but usually more expensive to trade.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Minimum Deposit | $100 | €50 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 |
| All-in Cost EUR/USD - Active | 1.13 | 1.3 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FOREX.com and Plus500 both give traders access to a wide mix of markets, including forex trading, stock CFDs, and crypto CFDs. Each broker offers 5,500 tradeable symbols, and both also let clients buy exchange-traded securities on U.S. and international exchanges, such as shares in Apple or Vodafone. Neither broker supports copy trading, and neither lets you buy actual, delivered cryptocurrency.
Where FOREX.com stands out is in forex choice: it offers 80 currency pairs, compared with 65 at Plus500. That extra pair count helps FOREX.com edge ahead for traders focused on currency markets. This is reflected in its Range of Investments score of 5 stars and a #6 ranking out of 36 brokers, while Plus500 scores 4.5 stars and ranks #16.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 5500 |
| Forex Pairs (Total) | 80 | 65 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
Dive deeper: Best Copy Trading Platforms.
FOREX.com and Plus500 both give traders a free demo account, a web-based platform, and a proprietary platform built by the broker. However, FOREX.com has the edge for trading platforms and tools because it also offers a Windows desktop download, MetaTrader 4, MetaTrader 5, and the ability to trade directly from a chart. Plus500 does not offer a desktop app, MT4, MT5, or chart trading, and neither broker offers copy trading.
In ratings and rankings, FOREX.com leads as well, with 5 out of 5 stars for Trading Platforms and Tools and a #5 ranking out of 36 brokers by ForexBrokers.com. Plus500 is still solid, but comes in at 4.5 out of 5 stars and #14 out of 36. For traders who want more platform choices and stronger charting and desktop features, FOREX.com is the better pick, while Plus500 may suit those who prefer a simpler setup.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 90 | 115 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and Plus500 both offer mobile trading apps for iPhone and Android, along with price alerts, watchlist syncing between the app and online account, and the ability to draw trendlines on charts. For traders who want a smooth mobile setup, both brokers cover the core features most people expect from a trading app. In this head-to-head comparison, FOREX.com stands out with auto-saving chart drawings, while Plus500 does not save drawings automatically.
When it comes to charting tools and overall mobile app quality, Plus500 offers more technical studies in its app, with 115 compared with FOREX.com’s 90. Even so, FOREX.com comes out ahead in overall ratings and rankings, earning 5 stars for Mobile Trading Apps and placing #2 out of 36 brokers on ForexBrokers.com, while Plus500 scores 4.5 stars and ranks #14. If mobile trading app performance is a top priority, FOREX.com has the edge, while Plus500 still offers a strong app with a larger charting tool set.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 90 | 115 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FOREX.com and Plus500 both give traders useful market research features, including daily market commentary, Trading Central tools, sentiment data, and an economic calendar with current and upcoming global events. Neither broker offers Autochartist, TipRanks, or Acuity Trading research tools. The key difference is that FOREX.com also provides forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, while Plus500 does not.
In overall research quality, FOREX.com comes out ahead. It is rated 5 out of 5 stars for Research and ranks #7 out of 36 brokers on ForexBrokers.com, compared with Plus500’s 4.5-star rating and #16 ranking. For traders who want deeper market coverage and more reliable news access, FOREX.com has the edge.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, both FOREX.com and Plus500 offer a strong mix of learning tools. Each broker provides forex or CFDs education with at least 10 pieces of content, plus online educational webinars at least once a month. They also each offer 10 or more beginner videos and 10 or more advanced videos, so new traders and more experienced users can both find useful material to help build knowledge.
That said, FOREX.com stands out for education overall. It earns 5 out of 5 stars for Education and ranks #4 out of 36 brokers in the ForexBrokers.com Education category, while Plus500 is rated 4.5 out of 5 stars and ranks #26. If you want the broker with the stronger learning experience for beginners, FOREX.com has the edge, although Plus500 still offers a solid range of educational content.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than Plus500. FOREX.com finished with an overall rank of #4, while Plus500 finished with an overall rank of #14.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
Plus500
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 99 |
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When comparing online brokers FOREX.com and Plus500, neither supports purchasing actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Comparing deposit and withdrawal options, FOREX.com supports ACH/SEPA, PayPal, Skrill, and bank wires, while Plus500 does not offer ACH/SEPA but does support PayPal, Skrill, and bank wires; Visa/Mastercard availability for both brokers is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Plus500 Review |
| Broker Screenshots | FOREX.com | Plus500 | |
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| Regulation | FOREX.com | Plus500 | |
|---|---|---|---|
| Trust Score | 99 | 99 | |
| Year Founded | 1999 | 2008 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 7 | |
| Tier-2 Licenses | 2 | 4 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Plus500 | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | Yes | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | Plus500 | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | Yes | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | Plus500 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 5500 | |
| Forex Pairs (Total) | 80 | 65 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
| Cost | FOREX.com | Plus500 | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.13 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Plus500 | |
|---|---|---|---|
| Minimum Deposit | $100 | €50 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FOREX.com | Plus500 | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | FOREX.com | Plus500 | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 115 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | Plus500 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 90 | 115 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | Plus500 | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Plus500 | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | Plus500 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | Plus500 Review |
| Overall | FOREX.com | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Plus500 Review |
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