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Plus500 vs XTB 2019

ForexBrokers.com | September 19th, 2019

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  3. Plus500 vs XTB Review
Is Plus500 better than XTB? After scoring forex brokers on nearly 100 different variables, XTB is better than Plus500. XTB is regulated in several financial centers, and offers a wide range of markets catering well to traders looking to trade forex, crypto, CFDs, and exchange-traded asset classes on its xStation5 platform and on MetaTrader4, which supports algorithmic trading.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Plus500 XTB
Overall 3 4
Plus500 Review XTB Review
76.4% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature Plus500 XTB
Trust Score 93 90
Year Founded
 2008 2002
Publicly Traded (Listed)
 Yes Yes
Bank
 No No
Tier-1 Licenses
 2 1
Tier-2 Licenses
 3 1
Tier-3 Licenses
 0 0
Authorised in the European Union
 Yes Yes

Tier-1 Licenses

Feature Plus500 XTB
ASIC Authorised (Australia)
 Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
 No No
FSA Authorised (Japan)
 No No
MAS Authorised (Singapore)
 Yes No
FINMA Authorised (Switzerland)
 No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature Plus500 XTB
Forex: Spot Trading
 Yes Yes
Social Trading / Copy-Trading
 No Yes
Currency Pairs (Total Forex pairs)
 50 48
CFDs - Total Offered
 2033 1728
Cryptocurrency traded as actual
 No No
Cryptocurrency traded as CFD
 Yes Yes
Offering of Investments 3.5 3.5
Winner check_circle

Cost

Feature Plus500 XTB
Average Spread EUR/USD - Standard
 0.6 (as of Aug 2018) 0.9 (as of May 19)
All-in Cost EUR/USD - Active
 N/A 0.8 (as of May 19)
Active Trader or VIP Discounts
 No No
Commissions & Fees 4 4
Winner check_circle

Funding

Feature Plus500 XTB
Minimum Initial Deposit
 €100 $250.00
Bank Wire (Deposit/Withdraw)
 Yes Yes
Visa/Mastercard (Credit/Debit)
 Yes Yes
PayPal (Deposit/Withdraw)
 Yes Yes
Skrill (Deposit/Withdraw)
 Yes Yes

Trading Platforms

Feature Plus500 XTB
Proprietary Platform
 Yes Yes
Desktop Platform (Windows)
 Yes Yes
Web Platform
 Yes Yes
Social Trading / Copy-Trading
 No Yes
MetaTrader 4 (MT4)
 No Yes
MetaTrader 5 (MT5)
 No No
cTrader
 No No

Trading Tools

Feature Plus500 XTB
Virtual Trading (Demo)
 Yes Yes
Alerts - Basic Fields
 Yes Yes
Watchlists - Total Fields
 10 7
Charting - Indicators / Studies (Total)
 103 51
Charting - Drawing Tools (Total)
 21 31
Charting - Trade From Chart
 No Yes
Charting - Drawings Autosave
 No Yes
Order Type - Trailing Stop
 Yes Yes
Platform & Tools 2.5 4
Winner check_circle

Mobile Trading

Feature Plus500 XTB
Android App
 Yes Yes
Apple iOS App
 Yes Yes
Trading - Forex
 Yes Yes
Trading - CFDs
 Yes Yes
Alerts - Basic Fields
 Yes Yes
Watch List
 Yes Yes
Watch List Syncing
 Yes No
Charting - Indicators / Studies
 18 30
Charting - Draw Trend Lines
 No Yes
Charting - Trend Lines Moveable
 No Yes
Charting - Multiple Time Frames
 Yes Yes
Charting - Drawings Autosave
 No No
Forex Calendar
 No Yes
Mobile Trading 3 3.5
Winner check_circle

Research

Feature Plus500 XTB
Daily Market Commentary
 No Yes
Forex News (Top-Tier Sources)
 No Yes
Weekly Webinars
 No No
AutoChartist
 No No
Trading Central (Recognia)
 No No
Delkos Research
 No No
Social Sentiment - Currency Pairs
 No Yes
Economic Calendar
 Yes Yes
Research 2.5 4
Winner check_circle

Education

Feature Plus500 XTB
Has Education - Forex
 No Yes
Has Education - CFDs
No Yes
Client Webinars
 No Yes
Client Webinars (Archived)
 No Yes
Videos - Beginner Trading Videos
 No Yes
Videos - Advanced Trading Videos
 No Yes
Investor Dictionary (Glossary)
 No No
Education 1 4
Winner check_circle

Major Forex Pairs

Feature Plus500 XTB
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

Overall

Feature Plus500 XTB
Plus500 Review XTB Review
Overall 3 4
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Plus500 vs XTB.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Both Plus500 and XTB hold a 4.00 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Plus500 and XTB both are regulated in a major hub. Plus500 alongside XTB are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Plus500 offers its clients access to 60 different currency pairs while XTB has 48 available pairs, a difference of 12.

To round out our comparison of Plus500 vs XTB, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. XTB has Meta Trader, Plus500 doesn't. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. XTB boasts an offering of 31 charting tools compared to Plus500's 0 available charting tools. Plus500 boasts an offering of 103 different indicators (for example, moving averages) compared to XTB's 51 available indicators.

Plus500 Review
XTB Review

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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