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 it comes to commissions and fees, Plus500 and FxPro offer distinctive pricing structures that might appeal to different kinds of traders. Plus500 presents costs that are slightly higher than the industry average, ranking it #25 out of 63 brokers in ForexBrokers.com's Commissions and Fees category. With a 4.0-star rating, Plus500 does not offer discounts to retail clients but does provide cash rebates for those who qualify as Professional clients. The average spread for EUR/USD at Plus500 was 1.5 pips in April 2024, which is above the industry norm.
Meanwhile, FxPro's fees and commissions are also higher than average, placing it at #32 in the same category with a 4-star rating. Traders using FxPro have access to a variable or fixed spread on its MT4 platform, with options for instant or market execution. On the cTrader platform, which features commission-based pricing, FxPro offers its most competitive spreads, with an effective EUR/USD spread of about 1.27 pips due to a combination of the average spread and commission-equivalent fees. However, even with their Active Trader program, which offers discounts up to 30%, FxPro's rates still lag behind leading competitors like FOREX.com, IG, and Saxo.
Comparing the two, both brokers offer tailored pricing for different platforms and account types, suiting various trader needs. Plus500's straightforward pricing scheme and rebate options may attract Professional clients, while FxPro's various execution methods and active trader discounts could benefit those looking for a more complex pricing model. Both brokers provide their own distinct advantages, making the choice largely dependent on individual trading strategies and platform preferences.
| 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 comparing the range of investments offered by Plus500 and FxPro, both brokers provide opportunities for forex trading through CFDs or spot contracts. Plus500 stands out with a broader selection of tradeable symbols, offering 5,500, compared to FxPro's 2,249. While FxPro offers a slightly higher number of tradeable forex pairs, with 70 pairs available compared to Plus500's 65, Plus500 distinguishes itself by allowing clients to invest in exchange traded securities, such as Apple shares, on U.S. exchanges—an option not available with FxPro. Both brokers enable investments in international exchange traded securities, offering shares like Vodafone on the London Stock Exchange.
Plus500 and FxPro both provide options for trading cryptocurrency derivatives, although neither offers actual cryptocurrencies for purchase. In terms of additional services, FxPro offers copy trading, which is absent from Plus500's platform. In the Range of Investments category, Plus500 receives a rating of 4.5 stars and ranks 20th out of 63 brokers according to ForexBrokers.com. FxPro, on the other hand, has a 4-star rating and is ranked 28th in the same category, making Plus500 the seemingly more comprehensive option for a diverse range of investment types.
| 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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