Written by ForexBrokers.com
In this head to head comparison of Plus500 vs FXOpen, 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, founded in 2008, stands as a highly trusted online broker with a perfect Trust Score of 99 according to ForexBrokers.com. With 6 Tier-1 licenses, Plus500 offers strong regulatory assurance, despite not being a bank. Publicly traded, Plus500 provides additional transparency for investors and traders alike.
Founded in 2003, FXOpen is an online broker with a ForexBrokers.com Trust Score of 76, indicating an average level of risk. Holding two Tier-1 licenses, FXOpen demonstrates a commitment to maintaining trusted regulatory standards, although it is not publicly traded and holds no Tier-2 licenses. Like Plus500, FXOpen is not a bank, but provides a viable option for those considering options with moderate risk.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Year Founded | 2008 | 2003 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing commissions and fees, Plus500’s pricing sits slightly above the industry average and it trails top choices for active traders (think IG or Saxo). Plus500 doesn’t discount fees for retail clients, but Professional clients may qualify for cash rebates. By contrast, FXOpen does not publish average spread data, which makes a direct, apples-to-apples cost comparison harder.
For transparency on spreads, Plus500 reports that its EUR/USD spread averaged 1.5 pips in April 2024, which is higher than the industry average. FXOpen’s average spread figures aren’t available.
Ratings and rankings: Plus500 earns 4.0 stars for commissions and fees and ranks #24 out of 63 brokers. FXOpen is rated 4 stars and ranks #45 out of 63. If you want published spread data and potential rebates as a Professional client, Plus500 offers clearer cost signals; if you’re evaluating FXOpen, review its current fee schedule since public spread averages aren’t provided.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Plus500 offers a much wider range of investments than FXOpen. You can trade about 5,500 symbols at Plus500, including 65 forex pairs, while FXOpen lists roughly 87 symbols and 25 forex pairs. Both brokers support forex trading either as CFDs or spot, and both provide access to cryptocurrency via CFDs (neither sells actual coins).
Plus500 also lets clients buy exchange-traded stocks on both U.S. and international exchanges (for example, Apple and Vodafone), which FXOpen does not offer. FXOpen, however, supports copy trading, whereas Plus500 does not. Reflecting this, Plus500 is rated 4.5/5 stars and ranks 22nd out of 63 brokers for range of investments, while FXOpen is rated 3/5 stars and ranks 63rd.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 87 |
| Forex Pairs (Total) | 65 | 25 |
| 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. |
Dive deeper: Best Copy Trading Platforms.
Plus500 centers on an in-house, browser-based trading platform and includes a free demo account for paper trading. It does not offer a Windows desktop download and does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5). FXOpen takes the opposite route: no proprietary platform, but it offers both a web platform and a Windows desktop platform, and it supports MT4 and MT5. Both brokers provide demo accounts for practice.
For extra tools, FXOpen includes copy trading and lets you place orders directly from charts, whereas Plus500 does not provide copy trading or chart trading. Both brokers include common charting studies and watch lists. In independent testing by ForexBrokers.com for Trading Platforms and Tools, Plus500 earned 4.5 stars and ranked #14 of 63 brokers, while FXOpen earned 4 stars and ranked #54. Choose FXOpen if you want MT4/MT5 and desktop flexibility, or pick Plus500 if you prefer a streamlined proprietary web platform and higher-rated platform tools.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 FXOpen both offer mobile trading apps for iPhone and Android, and each supports price alerts for forex or stocks. The biggest day‑to‑day difference is watchlists: Plus500 syncs watchlists between the app and your online account, while FXOpen does not—handy if you switch between devices.
For charting, Plus500 provides 115 technical studies compared with FXOpen’s 30. Both let you draw trendlines, though neither app auto‑saves drawings. Independent ratings also tilt toward Plus500: it scores 4.5 out of 5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while FXOpen scores 4 stars and ranks #55. In short, Plus500 is better suited to traders who want deeper chart tools and synced watchlists, while FXOpen covers the basics with alerts and core charting on the go.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Plus500 and FXOpen both provide daily market commentary and an economic calendar, helping traders track key events. Plus500 stands out with Trading Central tools for technical insights and a built-in sentiment gauge that shows the ratio of long vs. short positions across markets. It does not include Autochartist, TipRanks, or Acuity Trading, and it lacks premium wire coverage like Bloomberg or Reuters. FXOpen delivers forex news from top-tier sources, but does not offer Trading Central, Autochartist, or a sentiment tool; availability of TipRanks or Acuity Trading is not specified.
For overall research, Plus500 is rated 4.0 stars and ranks 19th out of 63 brokers on ForexBrokers.com. FXOpen earns 3 stars and ranks 64th in that same research category.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, Plus500 stands out over FXOpen. Plus500 hosts monthly educational webinars and offers at least 10 beginner-focused video tutorials, giving new traders a clear path to learn the basics. It also provides 10+ advanced videos for when you’re ready to level up. By contrast, FXOpen does not run monthly webinars and does not offer 10 or more beginner or advanced videos, which limits hands-on learning opportunities. In expert reviews, Plus500 scores 4.0 stars for Education, while FXOpen earns 3 stars.
Independent rankings tell a similar story: Plus500 is placed #31 out of 63 brokers for Education on ForexBrokers.com, whereas FXOpen sits at #59. In short, Plus500 delivers more frequent live sessions and a larger library of video tutorials that can help new traders build confidence faster, while FXOpen’s education is leaner and may require supplementing with outside resources.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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 FXOpen. Plus500 finished with an overall rank of #14, while FXOpen finished with an overall rank of #54.
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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FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 76 |
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Both Plus500 and FXOpen do not support buying actual (delivered) cryptocurrencies, but each offers cryptocurrency CFDs for trading, making them comparable options for traders seeking leveraged crypto exposure without owning the underlying asset.
Plus500 supports PayPal, Skrill, and bank wire deposits/withdrawals but not ACH or SEPA, while FXOpen also does not support ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires 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 | Plus500 | FXOpen | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
| Broker Screenshots | Plus500 | FXOpen | |
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| Broker Gallery (click to expand) |
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| Regulation | Plus500 | FXOpen | |
|---|---|---|---|
| Trust Score | 99 | 76 | |
| Year Founded | 2008 | 2003 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | Yes | |
| 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 | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 87 | |
| Forex Pairs (Total) | 65 | 25 | |
| 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. |
| Cost | Plus500 | FXOpen | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FXOpen | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Plus500 | FXOpen | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 | No |
| Trading Tools | Plus500 | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | FXOpen | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FXOpen | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | FXOpen | |
|---|---|---|---|
| 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 |
| Overall | Plus500 | FXOpen | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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