Written by ForexBrokers.com
In this head to head comparison of Plus500 vs FxPro, 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 and FxPro are both well-regarded online brokers, but they have notable differences in their establishment and regulatory backgrounds. Plus500, founded in 2008, is publicly traded and holds a prestigious ForexBrokers.com Trust Score of 99. It is not a bank, but it stands out with its high level of trustworthiness, possessing six Tier-1 licenses and three Tier-2 licenses. These credentials highlight Plus500's strong commitment to regulatory standards and investor protection.
Founded in 2006, FxPro is a bank and has a ForexBrokers.com Trust Score of 93. Although not publicly traded, it maintains a solid regulatory standing with two Tier-1 licenses and one Tier-2 license. While both brokers are trusted in the market, Plus500 edges ahead in terms of regulatory licenses and overall trust score, offering a comprehensive sense of security for traders seeking a reliable trading platform.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Year Founded | 2008 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When assessing the commissions and fees of Plus500 and FxPro, both brokers exhibit distinct characteristics that may influence your choice. Plus500's pricing sits slightly above the industry average and lacks specific discounts for retail clients. However, they offer cash rebates for qualified Professional clients. The average spread for the EUR/USD pair at Plus500 was 1.5 pips in April 2024, which is higher than the industry norm. Plus500 holds a 4.0-star rating for commissions and fees and ranks #23 out of 63 brokers according to ForexBrokers.com.
FxPro, on the other hand, also has higher-than-average pricing, particularly when compared to leading brokers like Pepperstone and IC Markets, who offer more comprehensive platform choices. FxPro provides flexibility on its MT4 platform with both variable and fixed spreads, using either instant or market execution methods. The best spreads at FxPro are found on its cTrader platform, where commission-based pricing results in an effective EUR/USD spread of approximately 1.27 pips. Despite offering sizable discounts of up to 30% through its Active Trader program in the Elite account, FxPro's offering is still slightly behind industry leaders. It earns a 4.0-star rating and is ranked #32 by ForexBrokers.com in the Commissions and Fees category.
Ultimately, both Plus500 and FxPro offer competitive commission and fee structures, yet they cater to different trader needs. Plus500 is ranked higher than FxPro by ForexBrokers.com, making it a slightly more attractive option for those focused on this aspect. However, the choice between these brokers may come down to which platform features align more with your trading style and priorities.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average Spread EUR/USD - Standard | 1.3 | 1.51 |
| All-in Cost EUR/USD - Active | 1.3 | 1.27 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| 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.
When it comes to investment options, Plus500 and FxPro each offer distinct advantages for traders. Both platforms provide opportunities for forex trading as CFDs or spot contracts, but Plus500 stands out with a noteworthy 5,500 tradeable symbols compared to FxPro’s 2,249. Despite this, FxPro offers a slightly larger selection of forex pairs, with 70 available compared to Plus500’s 65. Plus500’s range extends beyond CFDs, allowing clients to invest directly in exchange-traded securities on U.S. exchanges, a feature FxPro does not offer for American markets. Internationally, both brokers enable clients to engage with exchange-traded securities, broadening their investment horizons globally.
When looking at additional features like copy trading, FxPro provides this option, in contrast to Plus500. However, neither platform offers the opportunity to purchase actual cryptocurrency, though trading in cryptocurrency derivatives is available on both. Plus500 earns a higher rating for its range of investments, with 4.5 out of 5 stars, compared to FxPro's 4 stars. According to ForexBrokers.com, Plus500 ranks at #21, while FxPro holds the #28 spot out of 63 brokers, reflecting their differing strengths in offering varied investment possibilities to traders.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 2249 |
| Forex Pairs (Total) | 65 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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.
Plus500 and FxPro both offer simulated trading through free virtual demo accounts, which is great for beginners who want to practice without financial risks. Each broker has proprietary trading platforms that cater to unique user experiences, though only FxPro provides a Windows-based desktop download, ideal for traders who prefer it. Both brokers offer convenient web-based platforms for trading on the go. However, Plus500 does not offer popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which might be a drawback for those accustomed to these tools, unlike FxPro, which offers both.
Plus500 falls short in copy trading capabilities as it doesn’t offer this feature, while FxPro supports it, appealing to those wanting to mirror successful trading strategies. Chart enthusiasts might favor Plus500 for its 36 drawing tools compared to FxPro's 25, although FxPro permits direct trading from stock charts, a feature Plus500 lacks. Plus500 also provides a more extensive watch list with 10 columns compared to FxPro's six. In terms of ratings, Plus500 slightly outshines FxPro with 4.5 stars against FxPro’s 4 stars for trading platforms and tools, reflecting its higher placement in ForexBrokers.com rankings, with Plus500 at #14, surpassing FxPro’s #17 position.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| 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 | 53 |
| Charting - Drawing Tools (Total) | 36 | 25 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Plus500 and FxPro, both platforms provide iPhone and Android apps, allowing users to trade on the go effortlessly. Users can receive stock and forex price alerts and benefit from watchlist symbol syncing, ensuring that their changes seamlessly sync between mobile and online accounts. Plus500 offers an impressive 115 technical studies for charting, significantly more than FxPro's 65. Both apps support drawing trendlines and viewing various time frames on charts. However, only FxPro's app automatically saves your drawn charts, a feature that Plus500 lacks.
Additionally, both apps enable the creation of watchlists with real-time quotes, enhancing the trading experience for their users. Achieving a rating of 4.5 stars out of five for their mobile trading apps, Plus500 and FxPro are each highly regarded by traders. While Plus500 achieved a slightly higher rank, coming in at #14 compared to FxPro's #15 out of 63 brokers on ForexBrokers.com, both platforms deliver solid mobile trading experiences. Whether prioritizing advanced chart options with Plus500 or the convenience of autosaving charts with FxPro, users will find robust solutions to suit their needs.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 115 | 65 |
| 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.
Plus500 and FxPro both offer traders daily market commentary and insightful technical analysis tools from Trading Central, ensuring users can make informed decisions. However, when it comes to accessing forex news from top-tier sources like Bloomberg or Reuters, FxPro has the upper hand. Both brokers also deliver a sentiment-based tool that gives insights into the trading bias showing long or short positions across instruments, and feature comprehensive economic calendars to help users keep track of important global events.
Despite neither broker offering research tools from Acuity Trading or market insights from TipRanks, Plus500 edges slightly ahead in research ranking. With a rating of 4.0 stars for research, Plus500 sits at #19 among 63 brokers on ForexBrokers.com, whereas FxPro shares the same overall research rating of four stars but ranks slightly lower at #26. This nuanced comparison reveals that both platforms offer a strong foundation for market research, with Plus500 slightly ahead in ranks and news coverage.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| 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.
When comparing the educational resources offered by Plus500 and FxPro for trading beginners, both brokers provide a solid array of materials focused on forex and CFDs, including articles and videos. Plus500 shines with its provision of monthly online webinars and a searchable archive of past sessions, which can be particularly advantageous for beginners looking to learn at their own pace. They also offer a wide selection of educational videos aimed at both beginners and more advanced traders. However, Plus500 does not offer an investor dictionary, which could be a valuable resource for novices trying to grasp trading terminology.
In contrast, FxPro provides an investor dictionary that covers over 50 investing terms, which might appeal to beginners needing clarification on specific jargon. Although FxPro offers plenty of beginner-friendly videos, it falls short in offering advanced educational videos for experienced traders and does not host regular online webinars. Despite these differences, both Plus500 and FxPro have been rated 4 out of 5 stars for education, although they are ranked differently by ForexBrokers.com, with FxPro at a higher position. Depending on what specific educational resources you're seeking, each broker offers unique advantages tailored to different aspects of the learning experience.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 FxPro. Plus500 finished with an overall rank of #14, while FxPro finished with an overall rank of #21.
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
|
FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 93 |
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In comparing online brokers Plus500 and FxPro, both platforms do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
Plus500 and FxPro both support a wide array of deposit and withdrawal methods including PayPal, Skrill, Visa, Mastercard, and bank wires; however, only FxPro offers ACH or SEPA transfers, which are not available with Plus500.
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 | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FxPro Review |
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| Regulation | Plus500 | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 2008 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| 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) | No | No | |
| 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 2249 | |
| Forex Pairs (Total) | 65 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 1.51 | |
| All-in Cost EUR/USD - Active | 1.3 | 1.27 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FxPro | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| 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 | Yes |
| Trading Platforms | Plus500 | FxPro | |
|---|---|---|---|
| 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 | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 6 | |
| Charting - Indicators / Studies (Total) | 115 | 53 | |
| Charting - Drawing Tools (Total) | 36 | 25 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 115 | 65 | |
| 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 | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | FxPro | |
|---|---|---|---|
| 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 | FxPro Review |
| Overall | Plus500 | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FxPro Review |
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