Written by ForexBrokers.com
In this head to head comparison of Plus500 vs FP Markets, 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.
Plus500 vs FP Markets: Plus500 was founded in 2008 and is publicly traded, while FP Markets began in 2005 and is privately held. Neither is a bank. On ForexBrokers.com’s Trust Score scale (90–99 highly trusted; 80–89 trusted; 70–79 average risk; 60–69 high risk; under 59 not trusted), Plus500 scores 99 and FP Markets scores 90—both highly trusted, with Plus500 at the very top.
In terms of regulation, Plus500 holds 7 Tier-1 (highly trusted) and 4 Tier-2 (trusted) licenses, showing a wider regulatory footprint across major markets. FP Markets holds 2 Tier-1 and 1 Tier-2 licenses. If broad regulatory coverage and a public listing matter to you, Plus500 stands out; if you prefer a privately held broker with high trust and fewer licenses, FP Markets may fit your needs.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Year Founded | 2008 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 4 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing commissions and fees, FP Markets comes out ahead of Plus500 for most traders. FP Markets is rated 4.5 stars and ranked #11 out of 36 brokers by ForexBrokers.com for Commissions and Fees, thanks to its low-cost trading on MetaTrader, cTrader, and its commission-based Raw ECN account. By comparison, Plus500 is rated 4.0 stars and ranked #26 out of 36 brokers, with pricing that sits slightly above the industry average.
Plus500 keeps things simple, but its costs are not the cheapest. For EUR/USD, average spreads were 1.5 pips in April 2024, which is higher than the industry average. Plus500 does not give retail traders discounts, though Professional clients may qualify for cash rebates. This means it may suit casual traders who want an easy-to-use platform, but it is not the best choice for active traders looking for lower trading costs.
FP Markets offers more flexible pricing, with its Raw ECN account standing out for low spreads and competitive all-in costs. Its EUR/USD spread averaged 0.1 pips on Raw ECN in October 2023, or about 0.8 pips all-in after commission, while its Standard account is more expensive at around 1.1 pips. FP Markets’ pricing can vary by account type, but overall it is the stronger option for traders focused on commissions and fees.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Minimum Deposit | €50 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | 1.3 | 0.9 |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Plus500 and FP Markets are closely matched, with both offering forex trading, crypto CFDs, and a 4.5-star rating for this category. Plus500 lists 5,500 tradeable symbols and 65 forex pairs, while FP Markets offers a larger overall selection with 10,000 symbols and 71 forex pairs. That gives FP Markets a slight edge for traders who want more market choice, especially in forex.
Where Plus500 stands out is its access to exchange traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple and Vodafone, not just CFDs. FP Markets does not offer these exchange-traded stocks, but it does support copy trading, which Plus500 does not. Neither broker lets clients buy actual cryptocurrency, and both only offer crypto CFDs. In ForexBrokers.com’s rankings for range of investments, Plus500 places #16 out of 36 brokers, just ahead of FP Markets at #17.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 65 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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). |
Dive deeper: Best Copy Trading Platforms.
Plus500 and FP Markets both give traders a free demo account and a web-based platform, and each also offers its own in-house trading platform. In testing, Plus500 is rated 4.5 out of 5 stars for Trading Platforms and Tools and ranks #14 out of 36 brokers, which reflects a simpler setup that many beginners may find easy to use. However, Plus500 does not offer a Windows desktop download, copy trading, MetaTrader 4, or MetaTrader 5, and it does not allow trading directly from a chart.
FP Markets offers a wider range of platform choices for traders who want more flexibility. Along with its web platform and proprietary platform, it also provides a Windows desktop platform, copy trading, MT4, and MT5, plus the ability to trade straight from charts. FP Markets is rated 4 out of 5 stars and ranks #22 out of 36 brokers for Trading Platforms and Tools, making it a stronger pick for traders looking for more platform options and advanced features, while Plus500 may appeal more to those who prefer a more straightforward experience.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and FP Markets both make it easy to trade on the go, since each offers iPhone and Android apps, price alerts, and the ability to draw trendlines on charts. Both mobile apps are designed for everyday use, but Plus500 stands out for its larger set of chart tools, with 115 technical studies available in the app. It also supports watchlist symbol syncing, so changes made on your phone can carry over to your online account and vice versa.
FP Markets, by comparison, does not offer watchlist syncing, but it does have one useful edge: chart drawings are auto-saved in its mobile app, while Plus500 does not auto-save them. Overall, Plus500 gets the higher mobile app score at 4.5 out of 5 stars and ranks #14 out of 36 brokers at ForexBrokers.com, ahead of FP Markets, which is rated 4 stars and ranks #20. For traders who want more charting tools and synced watchlists, Plus500 has the stronger mobile app; for those who value saved chart drawings, FP Markets has a slight advantage.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Plus500 and FP Markets both give traders helpful market research basics, including daily market commentary, Trading Central tools, sentiment data, and an economic calendar. Each platform makes it easy to keep track of market events and short-term trends, so for everyday research needs they are fairly evenly matched.
The main difference is that FP Markets goes further with forex news from major sources like Bloomberg, Reuters, and Dow Jones, and it also offers Autochartist tools, which Plus500 does not. That extra depth helps FP Markets edge ahead in research overall, and this is reflected in its 4-star research rating and #22 ranking, compared with Plus500’s 4.5-star rating and #16 ranking.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| 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.
When it comes to learning support for beginners, both Plus500 and FP Markets give new traders a solid starting point. Each broker offers forex and CFD education with at least 10 relevant learning pieces, along with monthly online educational webinars and more than 10 beginner videos and 10 advanced videos. This means beginners can find the basics as well as more detailed lessons at either platform.
That said, Plus500 has the edge in overall education quality based on its 4.5-star rating, compared with FP Markets at 4 stars. FP Markets, however, ranks higher in ForexBrokers.com’s Education category, coming in at #21 out of 36 brokers, while Plus500 is ranked #27. For beginners choosing between the two, Plus500 may feel a little stronger in educational quality, while FP Markets places slightly better in independent rankings.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| 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 Plus500 is better than FP Markets. Plus500 finished with an overall rank of #11, while FP Markets finished with an overall rank of #19.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
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FP Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 90 |
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Plus500 vs FP Markets: neither online broker lets you buy actual delivered cryptocurrency, but both allow trading cryptocurrency CFDs.
Both Plus500 and FP Markets support PayPal, Skrill, and bank wire deposits and withdrawals, neither offers ACH or SEPA transfers, and Visa/Mastercard availability is not specified for either broker.
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 | Plus500 | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FP Markets Review |
| Broker Screenshots | Plus500 | FP Markets | |
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| Regulation | Plus500 | FP Markets | |
|---|---|---|---|
| Trust Score | 99 | 90 | |
| Year Founded | 2008 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 4 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 65 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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). |
| Cost | Plus500 | FP Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | 1.3 | 0.9 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FP Markets | |
|---|---|---|---|
| Minimum Deposit | €50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | No |
| Trading Platforms | Plus500 | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | Plus500 | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | FP Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Plus500 | FP Markets | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Plus500 Review | FP Markets Review |
| Overall | Plus500 | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FP Markets Review |
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