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.
Founded in 2008, Plus500 stands out as a highly trusted online broker with a top ForexBrokers.com Trust Score of 99 out of 99. Listed on a stock exchange, Plus500 holds an impressive collection of regulatory approvals with six Tier-1 licenses, reflecting the highest level of trust, as well as three Tier-2 licenses. Despite not being a bank, Plus500's robust regulation and transparency offer an appealing option for investors seeking reliability and security in their trading activities.
FP Markets, established in 2005, offers a trustworthy option with a ForexBrokers.com Trust Score of 89, placing it in the trusted category. Though not publicly traded, FP Markets maintains two Tier-1 licenses and one Tier-2 license, highlighting its commitment to regulatory standards. This well-established broker caters to traders looking for a reliable platform without the backing of a stock exchange listing. Both brokers are non-banking entities and provide distinct levels of trust and regulatory compliance for traders.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Year Founded | 2008 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When it comes to commissions and fees, FP Markets is the more cost-focused choice, earning 5/5 stars and ranking #6 out of 63 brokers at ForexBrokers.com. Plus500 holds 4.0/5 stars and ranks #24. On EUR/USD, Plus500’s average spread was 1.5 pips in April 2024—above the industry average—while FP Markets’ Raw ECN account averaged 0.1 pips as of October 2023 (about 0.8 pips all-in after a $6 round-turn commission). FP Markets’ Standard (spread-only) account averaged 1.1 pips on EUR/USD, still leaner than Plus500’s typical pricing.
Plus500 keeps pricing simple with spread-only trading and no retail discounts. Its costs sit slightly above peers, and it trails the lowest-cost brokers for active traders. There’s no tiered pricing for retail clients; cash rebates are available only if you qualify as a Professional client.
FP Markets offers competitive pricing across MetaTrader and cTrader and earned Best in Class for Commissions and Fees in 2024. The commission-based Raw ECN account uses a flat $6 per standard lot (round-turn) with ultra-tight spreads, while the Standard account charges no commission but has wider spreads. For share CFDs, FP Markets’ Iress platform provides DMA pricing with market depth; the ViewPoint tiers have higher minimum deposits and potential platform/data fees unless you’re on Premier or generate at least AUD 150 in monthly commissions. Traders wanting a low-cost, bare-bones option can consider Iress Investor, but it has limited tools and no streaming data by default.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Minimum Deposit | €50 | $100 AUD |
| Average Spread EUR/USD - Standard | 1.3 | 1.2 |
| All-in Cost EUR/USD - Active | 1.3 | 0.7 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Plus500 and FP Markets both support forex trading (CFD/spot) and offer cryptocurrency derivatives, though neither lets you buy actual crypto. FP Markets lists about 10,000 tradeable symbols and 71 forex pairs, edging out Plus500’s 5,500 symbols and 65 pairs. A key difference: Plus500 lets you buy real, exchange‑traded shares on U.S. and international markets (such as Apple or Vodafone), while FP Markets does not. FP Markets, however, offers copy trading; Plus500 does not.
In terms of range of investments, both brokers earn 4.5 stars from ForexBrokers.com. FP Markets ranks slightly higher (#19 of 63) than Plus500 (#22 of 63). Choose Plus500 if the ability to buy actual U.S. and international shares matters to you. Pick FP Markets if you want more total symbols, more forex pairs, and built‑in copy trading.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 65 | 71 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When comparing trading platforms and tools, Plus500 and FP Markets offer unique features tailored to different user preferences. Both brokers provide a free virtual demo account, allowing newcomers to familiarize themselves with trading without financial risk. Plus500 impresses with its proprietary web-based platform and a vast array of 36 drawing tools for charting, but it lacks desktop and MetaTrader support. Meanwhile, FP Markets offers a comprehensive trading experience including a proprietary platform, Windows desktop platform, and MetaTrader 4 and 5. Additionally, FP Markets excels in copy trading and enables traders to execute trades directly from stock charts, setting it apart from Plus500.
In terms of usability, Plus500 stands out with 10 customizable columns for watch lists, compared to FP Markets’ 7 columns. Both platforms are equipped with web-based trading options, but FP Markets scores a point by supporting the popular MetaTrader platforms and offering copy trading features, useful for traders interested in these functionalities. While Plus500 earns a slightly higher rating of 4.5 stars for its trading platforms and tools, compared to FP Markets’ 4 stars, it is ranked 14th by ForexBrokers.com, ahead of FP Markets which sits at the 23rd position. This highlights Plus500's user-friendly approach and flexibility, while FP Markets appeals to those seeking advanced trading options.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 36 | 17 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and FP Markets offer convenient trading solutions for iPhone and Android users, making their mobile apps accessible for a range of devices. They both allow users to receive stock or forex price alerts to keep track of market changes. However, Plus500 sets itself apart with watchlist symbol syncing, which ensures that any modifications made to watchlists are updated across both the mobile app and the online account. While FP Markets keeps things straightforward with MetaTrader's default technical studies, Plus500 users can explore a more extensive selection with 115 technical studies available for charting. Both platforms enable users to draw trendlines and view various time frames on charts, but FP Markets offers the added benefit of auto-saving chart drawings, a feature Plus500 does not currently provide.
When it comes to creating watchlists with real-time quotes, both brokers excel, but Plus500 has a slight edge in overall user satisfaction. It holds a 4.5-star rating compared to FP Markets' 4-star rating. According to ForexBrokers.com, Plus500 is ranked 14th out of 63 brokers for mobile trading apps, while FP Markets is positioned at 18th. Overall, both apps offer reliable experiences, yet Plus500 provides a few extra features that could be important for traders looking for versatility and syncing capabilities across multiple platforms.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Plus500 and FP Markets, both platforms provide daily market commentary, helping traders stay informed with timely insights. However, FP Markets has the upper hand with forex news sourced from top-tier agencies such as Bloomberg and Reuters, which Plus500 does not offer. On the technical analysis front, both brokers provide tools from Trading Central, but FP Markets extends its advantage by including resources from Autochartist, giving traders a broader range of analytical tools. Additionally, both brokers feature sentiment-based trading tools and comprehensive economic calendars to aid trading decisions.
Despite these similarities and differences, both Plus500 and FP Markets receive a solid rating of 4.0 stars for research from ForexBrokers.com. Nonetheless, Plus500 edges ahead in rankings, standing at 19th place while FP Markets is ranked 25th out of 63 brokers. Although neither broker includes research tools from Acuity Trading or market research from TipRanks, their strong offerings in other areas make them competitive choices for traders seeking market insights.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both Plus500 and FP Markets are excellent choices for beginners who are looking to dive into the world of online trading. Each broker provides a minimum of 10 educational pieces focusing on forex and CFDs, which include articles, videos, and archived webinars. For those interested in real-time learning, both platforms hold online educational webinars each month, and also maintain accessible archives of these sessions for later viewing. When it comes to video content, both Plus500 and FP Markets offer a wide range of tutorials, with more than 10 videos catering specifically to beginner traders. Advanced traders aren't left out either, as each broker also offers over 10 videos tailored for more experienced investors.
Where these two brokers start to differ is in the additional educational materials they offer. FP Markets provides an investor dictionary containing over 50 investing terms, appealing to those who prefer to familiarize themselves with industry jargon. However, despite this added resource, both platforms earn a similar rating of 4 stars for their educational offerings. In terms of overall rankings by ForexBrokers.com, FP Markets edges out Plus500, being ranked at #23 compared to Plus500's #31 out of 63 brokers. Whether you're new to trading or looking to deepen your understanding, both Plus500 and FP Markets deliver substantial educational content to support your trading journey.
| Feature |
Plus500
|
FP Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | 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
|
FP Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 89 |
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Both Plus500 and FP Markets do not offer the ability to buy actual (delivered) cryptocurrency, focusing instead on providing options for trading cryptocurrency derivatives.
Both Plus500 and FP Markets provide versatile deposit and withdrawal options, supporting PayPal, Skrill, Visa, Mastercard, and bank wires, although neither broker supports ACH or SEPA transfers.
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 | 89 | |
| 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 | 89 | |
| 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 | 6 | 2 | |
| Tier-2 Licenses | 3 | 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) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC 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 SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 1.3 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.7 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FP Markets | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Plus500 | FP Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 36 | 17 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | FP Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FP Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | FP Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Plus500 Review | FP Markets Review |
| Overall | Plus500 | FP Markets | |
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| Trust Score | 99 | 89 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FP Markets Review |
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