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 earns 4.5 out of 5 stars and ranks #11 out of 36 brokers for Commissions and Fees at ForexBrokers.com, thanks to its low-cost Raw ECN pricing and competitive spreads. By contrast, Plus500 scores 4.0 out of 5 stars and ranks #25 out of 36, with pricing that sits slightly above the industry average and no retail discounts. Plus500 does offer cash rebates for eligible Professional clients, but that is not available to standard retail users.
Spread costs also favor FP Markets. Plus500’s EUR/USD spread averaged 1.5 pips in April 2024, which is higher than average. FP Markets, on the other hand, offers a Raw ECN account with spreads averaging 0.1 pips as of October 2023, or about 0.8 pips all-in after commission. Its Standard account is more expensive, with EUR/USD spreads around 1.1 pips, but the commission-based option is one of the more budget-friendly choices for active forex traders.
In short, FP Markets is generally the better pick if low trading costs are your priority, especially on MetaTrader, cTrader, or its ECN account. Plus500 is simpler and may suit traders who value ease of use, but its fees are less competitive overall. For traders focused on commission savings and tighter spreads, FP Markets has the edge.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Minimum Deposit | €50 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.3 |
| All-in Cost EUR/USD - Active | 1.3 | 0.9 |
| Non-wire bank transfer | 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
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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 comparing Plus500 and FP Markets for beginner education, both brokers give new traders a solid set of learning tools. Each one offers forex or CFD education, monthly online webinars, and at least 10 beginner videos, along with a strong library of advanced videos for more experienced users. This means beginners can learn the basics, join live sessions, and keep building skills as they go. Still, FP Markets has a slight edge in overall education quality and ranking, with a 4-star Education rating and a #22 spot out of 36 brokers, compared with Plus500’s 4.5-star rating but #26 ranking.
For beginners choosing between them, the main difference is not whether they offer learning content, since both do, but how well that content is rated and organized. Plus500 scores higher on star rating, which suggests a slightly better user experience in its education area, while FP Markets ranks higher among the brokers reviewed, which points to a stronger overall education offering. If you want a broker with plenty of learning material and regular webinars, either can work well for a new trader.
| 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 #14, 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
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|---|---|---|
| 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) - Standard account | 1.3 | 1.3 | |
| All-in Cost EUR/USD - Active | 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 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | 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 Watchlist [DELETED] | |||
| 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 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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