Written by ForexBrokers.com
In this head to head comparison of Plus500 vs Spreadex, 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.
When comparing online brokers Plus500 and Spreadex, Plus500 stands out with its foundation in 2008 and a highly trusted Trust Score of 99 from ForexBrokers.com. As a publicly traded company, Plus500 holds 6 Tier-1 licenses and 3 Tier-2 licenses, demonstrating a solid regulatory foundation. In contrast, Spreadex, founded earlier in 1999, is not publicly traded and has a Trust Score of 71, indicating average risk. Spreadex also holds fewer licenses, with just 1 Tier-1 license and no Tier-2 licenses.
Both Plus500 and Spreadex operate as non-banking financial institutions, offering unique advantages for traders. However, Plus500's presence on the stock exchange and its numerous Tier-1 licenses provide an added layer of trust and confidence to potential users. In comparison, Spreadex, while maintaining a respectable Trust Score, offers fewer assurances in terms of regulatory backing.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Year Founded | 2008 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing commissions and fees, Spreadex generally offers tighter EUR/USD pricing than Plus500. In January 2024, Spreadex averaged 0.81 pips and reached its 0.6-pip minimum 60% of the time. By contrast, Plus500’s EUR/USD spread averaged 1.5 pips in April 2024, which is higher than the industry average. This suggests Spreadex may be the lower-cost choice for EUR/USD, while Plus500 trails leading active-trader pricing.
Plus500 commissions and fees: slightly above the industry average with no retail discounts. Cash rebates are available only if you qualify as a Professional client. Rating: 4.0/5 stars; ForexBrokers.com ranking: #24 of 63 for Commissions and Fees.
Spreadex commissions and fees: average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum achieved 60% of the month. Rating: 4/5 stars; ForexBrokers.com ranking: #28 of 63 for Commissions and Fees.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Minimum Deposit | €50 | $0 |
| Average Spread EUR/USD - Standard | 1.3 | 0.81 |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Spreadex lists about 10,000 tradeable symbols, nearly double Plus500’s ~5,500. For currency traders, Plus500 offers 65 forex pairs versus 52 at Spreadex, and forex trading is available at both. Each platform provides cryptocurrency exposure through derivatives (not the underlying coins), and neither offers copy trading.
If you want to buy and own exchange‑traded shares, Plus500 lets you trade stocks on both U.S. and international exchanges (for example, Apple on NASDAQ and Vodafone in London), while Spreadex does not offer exchange‑traded shares. For range of investments, Spreadex earned 5 out of 5 stars and ranked 14th out of 63 brokers, while Plus500 received 4.5 out of 5 stars and ranked 22nd. In short, Spreadex leads on overall market count, while Plus500 stands out for direct share dealing and a slightly wider set of forex pairs.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 65 | 52 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | No |
| 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.
Comparing Plus500 vs. Spreadex for trading platforms and tools, both brokers offer free demo (paper) accounts and easy-to-use proprietary, web-based platforms. Neither supports a Windows desktop download, copy trading, MetaTrader 4 or 5, DupliTrade, or ZuluTrade. The number of built-in indicators wasn’t provided, but both platforms include charting with commonly used features.
Key differences appear in workflow and charting tools. Plus500 supplies 36 drawing tools and 10 watchlist columns, while Spreadex offers 11 drawing tools and 8 columns. Spreadex lets you place trades directly from charts; Plus500 does not. In ForexBrokers.com’s ratings for Trading Platforms and Tools, Plus500 scored 4.5/5 stars and ranked #14 of 63, versus Spreadex at 4/5 stars and #47. If you want a browser platform with more drawing tools and richer watchlists, Plus500 stands out; if trading from the chart is a must-have, Spreadex may fit better.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 58 |
| Charting - Drawing Tools (Total) | 36 | 11 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Spreadex both offer mobile trading apps for iPhone and Android. In each app you can set stock and forex price alerts, build real-time quote watchlists, draw trendlines, and switch between multiple time frames on charts; note that neither app auto-saves your chart drawings. A key difference is watchlist syncing: Plus500 syncs your watchlist between the mobile app and your online account, while Spreadex does not.
Charting depth also separates the two. Plus500 includes 115 technical studies in its mobile app, while Spreadex does not list a comparable count. Independent ratings reflect this gap: Plus500 is rated 4.5 out of 5 stars and ranks #14 of 63 brokers for Mobile Trading Apps at ForexBrokers.com, whereas Spreadex is rated 4 stars and ranks #47. If synced watchlists and a wide set of indicators matter to you, Plus500 has the edge; if you mainly need alerts, time frames, and trendline drawing, both apps cover those basics.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | N/A |
| 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.
Both Plus500 and Spreadex cover the basics for market research. Each provides daily market commentary, a sentiment tool that shows the long/short split, and an economic calendar. Neither broker includes TipRanks or Acuity Trading tools.
Key differences come down to third‑party content. Spreadex streams forex news from premium sources like Bloomberg, Reuters, or Dow Jones and adds Autochartist for pattern spotting. Plus500 doesn’t offer those, but it does include Trading Central for technical analysis. In ForexBrokers.com’s Research category, both earn 4 stars, yet Plus500 ranks higher overall (#19 of 63 brokers) than Spreadex (#32 of 63). Pick Spreadex if you want built‑in premium news and Autochartist; pick Plus500 if Trading Central and a higher research ranking matter more to you.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| 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 examining the educational content available for beginners, both Plus500 and Spreadex provide a solid foundation with a variety of resources. Both online brokers offer a minimum of 10 educational articles, videos, and archived webinars focusing on forex or CFDs, ensuring newcomers have access to essential information. For those seeking visual learning materials, Plus500 and Spreadex both present over 10 beginner-friendly videos on various trading topics. However, Plus500 also extends its offerings with more than 10 advanced videos for experienced traders, a benefit Spreadex does not provide. Furthermore, Plus500 hosts monthly online educational webinars and maintains a searchable archive of these sessions, allowing traders to revisit key concepts anytime—advantages not available with Spreadex.
While Spreadex lacks the webinar features of Plus500, it compensates by providing an extensive investor dictionary with definitions of over 50 trading terms, a resource that Plus500 does not offer. In terms of ratings, both brokers score equally at 4 stars for education. Nonetheless, Plus500 holds the edge with a slightly better ranking at 31 out of 63 brokers according to ForexBrokers.com, compared to Spreadex's position at 45. These distinctions make Plus500 a more comprehensive choice for those who prefer interactive and advanced learning experiences, while Spreadex offers a helpful array of written resources. Whether you're a beginner or someone with more trading experience, both brokers present unique advantages tailored to different educational preferences.
| Feature |
Plus500
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| 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 Spreadex. Plus500 finished with an overall rank of #14, while Spreadex finished with an overall rank of #39.
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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Spreadex
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| Overall Rating |
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| Trust Score | 99 | 71 |
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Both Plus500 and Spreadex do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to purchase cryptocurrency derivatives instead.
In comparing Plus500 and Spreadex as online brokers, Plus500 offers more diversified payment options, including PayPal, Skrill, Visa, Mastercard, and bank wires, whereas Spreadex supports only Visa, Mastercard, and bank wires, with neither broker offering ACH or SEPA transfers.
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 | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Spreadex Review |
| Broker Screenshots | Plus500 | Spreadex | |
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| Regulation | Plus500 | Spreadex | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 2008 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Spreadex | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | Plus500 | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 65 | 52 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 0.81 | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | €50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Plus500 | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 8 | |
| Charting - Indicators / Studies (Total) | 115 | 58 | |
| Charting - Drawing Tools (Total) | 36 | 11 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| 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 | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Plus500 | Spreadex | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Spreadex Review |
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