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 | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Plus500 vs FXOpen on range of investments, Plus500 delivers far more choice. Plus500 lists about 5,500 tradeable symbols and 65 forex pairs, while FXOpen offers 87 symbols and 25 forex pairs. Both brokers support forex trading and let you trade cryptocurrency via derivatives, but neither sells delivered crypto. A key difference is stocks: Plus500 lets clients buy exchange-traded shares on both U.S. and international markets (not CFDs), whereas FXOpen does not. For social features, FXOpen includes copy trading, while Plus500 does not.
Reflecting this breadth, Plus500 is rated 4.5/5 stars for Range of Investments and ranks #22 out of 63 brokers by ForexBrokers.com; FXOpen earns 3/5 stars and ranks #63 out of 63. Choose Plus500 if you want a wide menu of markets and access to real shares alongside CFDs; pick FXOpen if copy trading matters more and you’re comfortable with a smaller selection of instruments.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 87 |
| Forex Pairs (Total) | 65 | 25 |
| 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. |
Dive deeper: Best Copy Trading Platforms.
Comparing Plus500 vs FXOpen for trading platforms and tools: both brokers provide free demo (paper) accounts and web-based platforms. Plus500 uses a proprietary platform built in-house and does not offer a Windows desktop download. FXOpen does not have its own platform but supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and it offers a Windows desktop platform. Copy trading is available at FXOpen (including ZuluTrade), while Plus500 does not offer copy trading; neither supports DupliTrade. FXOpen also lets you trade directly from charts, which Plus500 does not.
For charting and lists, Plus500 includes 36 drawing tools and 10 watchlist columns, while FXOpen offers 15 drawing tools and 7 watchlist columns; indicator counts are not specified here for either broker. In independent ratings for trading platforms and tools, Plus500 scores 4.5/5 stars and ranks 14th out of 63 brokers, while FXOpen scores 4/5 stars and ranks 54th. In short, Plus500 suits traders who want a streamlined, in-house web platform, whereas FXOpen fits those who prefer MT4/MT5, desktop trading, and copy trading options.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 36 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Plus500 vs FXOpen for mobile trading apps: both brokers offer iPhone and Android apps with price alerts, real-time watchlists, trendline drawing, and multiple time frames for charts. A key difference is watchlist syncing—Plus500 syncs symbols between the app and your online account, while FXOpen does not. Neither app auto-saves chart drawings.
For charting depth, Plus500 includes 115 technical studies, far more than FXOpen’s 30. Independent ratings reflect this edge: Plus500 earns 4.5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while FXOpen scores 4 stars and ranks #55. If you want richer charting and synced watchlists, Plus500 is the stronger pick; if you need the basics with alerts on both iOS and Android, FXOpen covers the essentials.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
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 | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Plus500 offers a wide range of beginner-friendly forex and CFD education, including at least 10 articles and videos, monthly client webinars, and a searchable archive of past sessions. It also provides 10+ beginner videos and 10+ advanced videos, so newcomers can progress from basics to more complex strategies. By comparison, FXOpen does not meet the 10-piece education threshold, does not host monthly webinars, and has no webinar archive or large video library for beginners or advanced traders. FXOpen does, however, include an investor dictionary with 50+ terms, which can help with quick definitions.
For overall education, Plus500 earns 4.0 stars and ranks #31 out of 63 brokers on ForexBrokers.com, while FXOpen scores 3 stars and ranks #59. If you’re seeking structured lessons, frequent webinars, and on-demand videos, Plus500 is the stronger pick. If you mainly want a glossary to look up terms and plan to learn elsewhere, FXOpen may suffice.
| Feature |
Plus500
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| 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 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
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 76 |
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Both Plus500 and FXOpen do not offer the ability to buy actual, delivered cryptocurrency, but they both enable trading in cryptocurrency derivatives.
When comparing Plus500 and FXOpen in terms of deposit and withdrawal options, both brokers do not support ACH or SEPA transfers, but Plus500 distinguishes itself by allowing PayPal transactions, which FXOpen does not; both brokers accept Skrill, Visa, Mastercard, and bank wire transactions, making them versatile in traditional payment methods.
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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| 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/Central Bank 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. 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. |
| Cost | Plus500 | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FXOpen | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Plus500 | FXOpen | |
|---|---|---|---|
| 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 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | FXOpen | |
|---|---|---|---|
| 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 |
| Overall | Plus500 | FXOpen | |
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| Trust Score | 99 | 76 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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