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Home ‣ Compare ‣ Plus500 vs TopFX 2025

Plus500 vs TopFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Plus500 vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
TopFX
3.5/5 Stars Overall
  • Minimum Deposit: Depends on payment method
  • Trust Score: 67
  • Tradeable Symbols (Total): 655

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.

Regulation

Plus500, founded in 2008, is a well-regarded online broker with a strong regulatory standing. It is publicly traded and holds an impressive total of six Tier-1 licenses, which are considered highly trusted, along with three Tier-2 licenses. With a perfect Trust Score of 99 out of 99 from ForexBrokers.com, Plus500 ranks as a highly trusted broker for online trading, ensuring users a secure and reliable platform. Importantly, Plus500 is not a bank but is still notable for its high level of trustworthiness.

In comparison, TopFX, established in 2010, is a privately-held broker that holds one Tier-1 license, reflecting limited highly trusted regulatory recognition. Lacking any Tier-2 licenses, TopFX falls into the high-risk category with a ForexBrokers.com Trust Score of 67, indicating significant caution for potential users. Like Plus500, TopFX is not a bank, but its regulatory standing suggests a need for careful consideration when choosing to trade with them.

Feature Plus500 logoPlus500
TopFX logoTopFX
Year Founded info 2008 2010
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 6 1
Tier-2 Licenses info 3 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

Comparing commissions and fees, TopFX can be cheaper on the EUR/USD if you choose its RAW account, while Plus500’s pricing sits a bit above the industry average. Still, Plus500 holds the stronger category placement overall. Ratings and rankings: Plus500 — 4.0 stars, ranked 24th out of 63; TopFX — 4 stars, ranked 41st out of 63.

Plus500’s pricing is slightly above the industry average and trails the best brokers for active trader pricing. In April 2024, the EUR/USD spread at Plus500 averaged 1.5 pips. The broker doesn’t offer retail discounts, though Professional clients may qualify for cash rebates.

TopFX offers two pricing models on MetaTrader and cTrader. The commission-based RAW account averaged a 0.33-pip spread on EUR/USD in July 2024, plus a commission of 2.75 EUR per side (5.50 EUR per round turn), for an all-in cost around 0.88 pips — roughly in line with the industry average. The ZERO account is commission-free, with a higher average spread of 1.03 pips on EUR/USD for July 2024.

Feature Plus500 logoPlus500
TopFX logoTopFX
Minimum Deposit info €50 info Depends on payment method
Average Spread EUR/USD - Standard info 1.3 info 1.03 info
All-in Cost EUR/USD - Active info 1.3 info 0.88 info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Plus500 and TopFX both let you trade forex either as CFDs or spot, and each offers crypto derivatives (not actual coins). For sheer variety, Plus500 stands out with 5,500 tradeable symbols and 65 forex pairs, compared with TopFX’s 655 symbols and 60 pairs. Plus500 also lets clients buy real, exchange‑traded shares on both U.S. and international markets, while TopFX does not offer real stock trading.

TopFX counters with copy trading, which Plus500 doesn’t support. For Range of Investments, ForexBrokers.com rates Plus500 at 4.5 stars (ranked #22 of 63) and TopFX at 3.5 stars (ranked #47 of 63). In short, choose Plus500 if you want a larger selection of markets and access to real shares; pick TopFX if copy trading is a priority and its lineup fits your needs.

Feature Plus500 logoPlus500
TopFX logoTopFX
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 655
Forex Pairs (Total) info 65 60
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

If you’re choosing between online brokers Plus500 and TopFX for trading platforms and tools, both offer a free paper (virtual) demo account and easy-to-use web-based platforms. Plus500 runs on its own proprietary platform, but it does not provide a Windows desktop download and it doesn’t support MetaTrader 4 (MT4) or MetaTrader 5 (MT5). TopFX, by contrast, does not have an in-house platform but does offer a Windows desktop platform and supports MT4; MT5 is not available at either broker. Copy trading is available at TopFX, while Plus500 does not offer copy trading. Neither broker integrates DupliTrade or ZuluTrade.

For charting and tools, indicator counts aren’t specified, but Plus500 lists 36 drawing tools versus 15 at TopFX. Plus500 does not let you place orders directly from a chart, while TopFX supports trading from charts. Watchlists at Plus500 can display up to 10 columns compared with 7 at TopFX. According to ForexBrokers.com’s Trading Platforms and Tools ratings, Plus500 earns 4.5 stars and ranks 14th out of 63 brokers, while TopFX earns 4 stars and ranks 46th.

Feature Plus500 logoPlus500
TopFX logoTopFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 115 30
Charting - Drawing Tools (Total) info 36 15
Charting - Trade From Chart info No Yes
Watchlists - Total Fields info 10 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Plus500 and TopFX both offer iPhone and Android apps with price alerts and real-time quotes on watchlists. The key difference is syncing: Plus500 syncs watchlists between the mobile app and your online account, so changes carry over automatically, while TopFX does not. If you manage lists across phone, tablet, and web, Plus500 makes that easier.

For charting, Plus500’s mobile app includes 115 technical studies versus 30 with TopFX. Both let you draw trendlines and switch among intraday, daily, and weekly time frames. TopFX does auto-save chart drawings, which Plus500 does not. In independent ratings for Mobile Trading Apps, ForexBrokers.com scores Plus500 4.5/5 (ranked 14th of 63 brokers) and TopFX 4/5 (ranked 52nd of 63). In short, Plus500 suits traders who want deeper indicators and synced watchlists, while TopFX appeals if auto-saving your chart annotations matters most.

Feature Plus500 logoPlus500
TopFX logoTopFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

In a Plus500 vs TopFX market research comparison, the two brokers emphasize different strengths. Plus500 provides daily market commentary, Trading Central tools, a sentiment indicator, and an economic calendar, but it lacks top-tier news feeds (Bloomberg/Reuters), Autochartist, TipRanks, and Acuity Trading. TopFX delivers top-tier forex news, Autochartist, Trading Central, a sentiment tool, and an economic calendar, though it does not offer daily commentary. Availability of TipRanks and Acuity Trading at TopFX is not specified.

If you want steady in-platform updates, Plus500’s daily commentary may appeal; if you value integrated third‑party news and pattern‑scanning tools, TopFX has the edge there. That said, independent ratings favor Plus500 for market research: Plus500 earns 4.0 stars and ranks 19th out of 63 brokers, while TopFX holds 3 stars and ranks 61st, according to ForexBrokers.com.

Feature Plus500 logoPlus500
TopFX logoTopFX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info No Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Plus500 vs TopFX: When it comes to forex and CFD education for beginners, Plus500 offers far more learning tools. Plus500 provides 10+ educational pieces, runs client webinars at least monthly, and lets you search a library of recorded sessions. It also has at least 10 beginner videos and at least 10 advanced videos, giving new traders and fast learners plenty to watch. While it doesn’t include an investor dictionary with 50+ terms, Plus500 still earns a 4.0/5 Education rating and ranks #31 out of 63 brokers on ForexBrokers.com.

TopFX’s education options are limited by comparison. It does not meet the 10+ piece education threshold, doesn’t host monthly webinars, and offers no searchable archive of past sessions. It also lacks the minimum 10 beginner and 10 advanced trading videos and doesn’t provide a large investor dictionary. TopFX holds a 3/5 Education rating and ranks #62 out of 63. For beginners who want ongoing webinars and a deeper video library, Plus500 is the stronger fit, while TopFX may require relying on outside resources for learning.

Feature Plus500 logoPlus500
TopFX logoTopFX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes info No
Client Webinars (Archived) info Yes info No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than TopFX. Plus500 finished with an overall rank of #14, while TopFX finished with an overall rank of #62.

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 logoPlus500
TopFX logoTopFX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 99 67
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.0/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.0/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Plus500 or TopFX?

Both Plus500 and TopFX do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.

What funding options does each broker offer?

Both Plus500 and TopFX offer convenient options like PayPal, Skrill, Visa, and Mastercard for depositing and withdrawing funds, as well as bank wire transfers, but neither support ACH or SEPA transfers.

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Overall Rating Plus500 TopFX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.0/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3/5 Stars
Education 4.0/5 Stars 3/5 Stars
Trust Score info 99 67
Winner check_circle
Review Plus500 Review TopFX Review
Broker Screenshots Plus500 TopFX
Broker Gallery (click to expand) info
Plus500 mobile app charts. Plus500 trading platform EURUSD Plus500 web platform market news analysis articles. Plus500 webinars with Corellian Academy YouTube video playlist
TopFX MetaTrader 4 desktop trading platform TopFX MetaTrader 4 desktop trading platform charts TopFX cTrader web trading platform TopFX cTrader desktop trading platform charts TopFX cTrader desktop trading platform TopFX cTrader desktop trading platform algo trading TopFX cTrader desktop market order window
Regulation Plus500 TopFX
Trust Score info 99 67
Year Founded info 2008 2010
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 6 1
Tier-2 Licenses info 3 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Plus500 TopFX
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Plus500 TopFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Plus500 TopFX
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 655
Forex Pairs (Total) info 65 60
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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 TopFX
Average Spread EUR/USD - Standard info 1.3 info 1.03 info
All-in Cost EUR/USD - Active info 1.3 info 0.88 info
Active Trader or VIP Discounts info No No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding Plus500 TopFX
Minimum Deposit info €50 info Depends on payment method
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Plus500 TopFX
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No Yes
DupliTrade info No No
ZuluTrade info No No
Trading Tools Plus500 TopFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 10 7
Charting - Indicators / Studies (Total) info 115 30
Charting - Drawing Tools (Total) info 36 15
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading Plus500 TopFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research Plus500 TopFX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info No Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes Yes
TipRanks info No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Plus500 TopFX
Education (Forex or CFDs) info Yes No
Client Webinars info Yes info No
Client Webinars (Archived) info Yes info No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No
Major Forex Pairs Plus500 TopFX
GBP/USD info Yes info Yes
USD/JPY info Yes info Yes
EUR/USD info Yes info Yes
USD/CHF info Yes info Yes
USD/CAD info Yes info Yes
NZD/USD info Yes info Yes
AUD/USD info Yes info Yes
Review Plus500 Review TopFX Review
Overall Plus500 TopFX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.0/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3/5 Stars
Education 4.0/5 Stars 3/5 Stars
Trust Score info 99 67
Winner check_circle
Review Plus500 Review TopFX Review
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