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 | 1 | 2 |
When comparing the online brokers Plus500 and FxPro for commissions and fees, Plus500's pricing appears to be slightly above the industry average. The broker does not offer retail client discounts but does provide cash rebates for those classified as Professional clients, similar to an active trader program. Spreads on the EUR/USD pair averaged 1.5 pips in April 2024, which is higher than the industry average. For commissions and fees, Plus500 is rated 4.0 out of 5 stars and ranked #25 out of 62 brokers by ForexBrokers.com.
FxPro, on the other hand, also presents pricing that is above the industry average, making it less competitive compared to peers like Pepperstone or IC Markets. Traders using FxPro's MT4 platform can choose between variable or fixed spreads, with options for instant and market execution methods. The most competitive spreads are found on FxPro’s cTrader platform, offering a commission-based pricing model where the effective spread for the EUR/USD is roughly 1.27 pips. Despite offering discounts of up to 30% for active traders through its Elite account, FxPro falls short compared to top competitors. It holds a 4-star rating for commissions and fees and is ranked #32 by ForexBrokers.com.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Minimum Deposit | €100 | $100 |
| Average Spread EUR/USD - Standard | 1.5 | 1.51 |
| All-in Cost EUR/USD - Active | 1.5 | 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 comparing Plus500 and FxPro for their range of investments, Plus500 stands out with a broader selection of tradeable symbols, offering 5,500 compared to FxPro's 2,249. Although both platforms provide forex trading through CFDs or spot contracts, FxPro slightly edges out in forex pairs, offering 70 pairs against Plus500's 65. Plus500 excels in offering exchange traded securities directly on both U.S. and international exchanges, an option FxPro lacks for U.S. traded stocks. However, both brokers allow trading in cryptocurrency derivatives, though neither support the buying of actual cryptocurrencies.
In terms of unique features, FxPro offers an advantage with copy trading services, which Plus500 does not provide. Rankings from ForexBrokers.com place Plus500 at #24 and FxPro at #28 out of 62 brokers in the Range of Investments category, reflecting Plus500’s slightly more extensive offerings. Their ratings for range of investments are close, with Plus500 earning 4.5 stars and FxPro receiving 4 stars, indicating both are strong choices depending on your specific investment needs and preferences.
| 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 give traders the opportunity to practice their strategies with free virtual demo accounts. While both brokers have developed their own trading platforms, Plus500 focuses on providing a web-based experience, while FxPro expands its offerings with a Windows-based desktop platform as well. Although Plus500 does not support popular platforms like MetaTrader 4 or MetaTrader 5, FxPro includes them, adding more versatility to its trading ecosystem. Furthermore, FxPro supports copy trading, which is an option Plus500 does not provide.
When it comes to charting and customization, Plus500 and FxPro offer 22 and 25 drawing tools respectively, but only FxPro allows traders to execute trades directly from stock charts. Both brokers excel in keeping traders informed through comprehensive watch lists, with Plus500 leading slightly with 10 available columns versus FxPro’s 6. Based on reviews, Plus500 holds a slight edge in the Trading Platforms and Tools category with a 4.5-star rating, ranking 14th among 62 brokers, while FxPro follows closely with 4 stars and a 17th-place ranking.
| 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) | 114 | 53 |
| Charting - Drawing Tools (Total) | 22 | 25 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and FxPro offer mobile trading apps for iPhone and Android, catering to traders on the go. Users of both platforms can set stock or forex price alerts and sync watchlist symbols between their mobile apps and online accounts. When it comes to technical analysis, Plus500 takes the lead by providing 110 technical studies, compared to FxPro's 65. Both apps allow users to draw trendlines and view charts in multiple time frames. However, FxPro stands out by auto-saving drawings, which Plus500 does not. Both apps let users create watchlists with real-time quotes, ensuring access to up-to-date market data.
In terms of user ratings, both Plus500 and FxPro’s mobile apps score an impressive 4.5 out of 5 stars. In ForexBrokers.com's ranking of 62 brokers, Plus500 is placed at #14, slightly edging out FxPro, which is ranked at #15. While both apps offer a comprehensive set of features tailored for both novice and seasoned traders, Plus500’s higher number of technical studies may appeal more to those who rely heavily on chart analysis. Nevertheless, the decision between the two may come down to personal preference regarding user interface and specific features.
| 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 | 110 | 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.
When evaluating Plus500 and FxPro for market research, both brokers provide daily market commentary, making it easy for traders to stay informed. However, FxPro takes the lead in offering forex news from reputable sources like Bloomberg or Reuters, which Plus500 does not feature. Both platforms provide tools from Trading Central for technical analysis, as well as sentiment-based trading tools that help traders see the ratio of long and short positions across various instruments. Yet, neither Plus500 nor FxPro offers resources from Autochartist, Acuity Trading, or TipRanks, slightly limiting their research toolkits.
Beyond these features, both brokers provide an economic calendar to help users track important global events. Plus500 boasts a 4-star rating for research, ranking 19th out of 62 brokers on ForexBrokers.com, whereas FxPro receives the same star rating but sits at 26th place in the same ranking. This data suggests that while both brokers are equipped for research, Plus500 edges slightly ahead in overall research capabilities. Ultimately, traders may prefer either broker based on specific news and analysis preferences.
| 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 beginners, there are noteworthy differences to consider. Both platforms provide at least ten educational materials focused on forex and CFDs, including articles, videos, and archived webinars. However, Plus500 stands out with its regular schedule of online webinars, offering at least one each month, while FxPro lacks this feature. Plus500 also provides a searchable archive of recorded client webinars, a convenience shared by FxPro. For visual learners, both brokers excel in offering over ten beginner-oriented educational videos on trading topics. However, Plus500 further caters to experienced traders with an equal number of advanced videos, a feature FxPro does not provide.
Although Plus500 lacks an investor dictionary with terms and definitions, FxPro compensates for this by offering a comprehensive collection exceeding 50 investing terms. Despite Plus500 having these strengths, it is rated 4.0 stars for education, similarly to FxPro, which also receives 4 stars. Nevertheless, in terms of ranking by ForexBrokers.com, Plus500 is positioned at #31 out of 62 brokers for the education category, while FxPro ranks higher at #18. This comparison illustrates that both brokers deliver a wealth of educational resources, yet their offerings have unique strengths that may appeal differently depending on an individual trader's needs.
| 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 62 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
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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 |
| Broker Screenshots | Plus500 | FxPro | |
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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 | 1 | 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 | 1.5 | 1.51 | |
| All-in Cost EUR/USD - Active | 1.5 | 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 | €100 | $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) | 114 | 53 | |
| Charting - Drawing Tools (Total) | 22 | 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 | 110 | 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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