Written by ForexBrokers.com
In this head to head comparison of Plus500 vs Forex4you, 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 Forex4you are both notable online brokers, but they differ significantly in terms of regulatory trust and stability. Established in 2008, Plus500 is a publicly traded company that holds six Tier-1 licenses, which reflect a high degree of trust as per ForexBrokers.com’s rating. In addition, Plus500 has three Tier-2 licenses and enjoys a stellar Trust Score of 99 out of 99, indicating it is highly trusted by industry standards.
In contrast, Forex4you was founded a year earlier in 2007 but does not share the same regulatory credibility. This broker holds neither Tier-1 nor Tier-2 licenses and remains privately owned. Forex4you's Trust Score stands at 61, placing it in a high-risk category. This comparison highlights that Plus500 offers a more secure trading environment compared to Forex4you, judging by regulatory oversight and public trust ratings.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Year Founded | 2008 | 2007 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 0 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of the online brokers Plus500 and Forex4you, Plus500 emerges as slightly more expensive than the industry average. This broker's pricing model doesn't offer discounts to retail clients but does include cash rebates for those qualifying as Professional clients. In terms of spreads, notably for the EUR/USD, Plus500 reported an average of 1.5 pips in April 2024, which surpasses the industry norm. Plus500 earns a commendable 4.0-star rating for its commissions and fees, ranking 25th out of 62 brokers on ForexBrokers.com.
In contrast, Forex4you lacks available average spread data, making direct comparison challenging. Nonetheless, Forex4you receives a lower rating for commissions and fees, at 3.5 stars. Its ranking further down the list, at 53rd out of 62 brokers, reflects this difference.
Overall, while Plus500 might appeal to professional traders who can benefit from cash rebates, those seeking average industry pricing might find Forex4you less appealing due to its lower rating and ranking. Evaluating specific trading needs and comparing these brokers' offerings can guide you in choosing the one that best fits your investment strategy.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Minimum Deposit | €100 | $0 |
| Average Spread EUR/USD - Standard | 1.5 | N/A |
| All-in Cost EUR/USD - Active | 1.5 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| 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 it comes to the range of investments, Plus500 and Forex4you offer distinct choices for traders. Plus500 provides a comprehensive suite with over 5,500 tradeable symbols, including 65 forex pairs and the ability to trade on exchange-traded securities from U.S. and international markets. This breadth is complemented by its offerings of cryptocurrency derivatives. However, Plus500 does not provide copy trading or the facility to purchase actual cryptocurrencies directly. In contrast, Forex4you offers a more limited selection with around 150 tradeable symbols and 43 forex pairs. While it lacks access to exchange-traded securities on major exchanges, Forex4you does provide copy trading and also offers cryptocurrency derivatives, similar to Plus500.
In terms of reputation, Plus500 stands out with a 4.5-star rating for its range of investments, reflecting its robust variety and market access. This puts Plus500 at #24 among 62 brokers in the Range of Investments category, according to ForexBrokers.com. Forex4you, with a 3.5-star rating, is positioned at #58 in the same category. These rankings highlight Plus500's advantage in providing a diverse investment portfolio, appealing to traders looking for extensive trading opportunities and access to global markets.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 150 |
| Forex Pairs (Total) | 65 | 43 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
Both Plus500 and Forex4you offer a range of trading platforms that cater to different trader preferences. Plus500 stands out with its user-friendly web-based platform, which is proprietary and developed in-house. They provide traders with the opportunity to practice trading through a demo account, ensuring a smooth onboarding experience without financial risk. Although Plus500 does not offer traditional desktop options like MetaTrader 4 or 5, their platform is highly rated, boasting 22 drawing tools for charting, 10 columns for watch lists, and a commendable ranking of 14th out of 62 brokers by ForexBrokers.com for its trading platforms and tools.
Forex4you presents a versatile trading environment with a proprietary Windows-based desktop platform and access to the popular MetaTrader 4 and 5 systems. This broker also offers a demo account and has integrated copy trading, appealing to those keen on exploring social trading strategies. While Forex4you provides 15 drawing tools and 7 columns for watch lists, it uniquely allows direct trading from stock charts. Despite these features, Forex4you is ranked 52nd out of 62 brokers by ForexBrokers.com in the trading platforms category and receives a 4-star rating. Both brokers offer distinctive features, making them suitable for different trading styles and preferences.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| 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 | 30 |
| Charting - Drawing Tools (Total) | 22 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Plus500 and Forex4you, both platforms offer apps for iPhone and Android devices, ensuring accessibility for users regardless of their smartphone preference. Additionally, each app provides stock and forex price alerts to keep traders informed in real time. However, Plus500 holds an edge with its watchlist symbol syncing feature, allowing seamless integration between the mobile app and the client's online account. This ensures any updates made to watchlists transfer between platforms effortlessly, a function Forex4you lacks.
In terms of technical sophistication, Plus500 significantly outshines with 110 technical studies available for charting, compared to Forex4you's 30. Both brokers allow users to draw trendlines and explore multiple time frames on charts. Nevertheless, Forex4you benefits from auto-saving drawings on charts, which Plus500 does not offer. For those keen on watchlists with real-time quotes, both brokers meet the mark. Regarding overall user ratings, Plus500 scores slightly higher with a rating of 4.5 stars and ranks 14th out of 62 brokers for mobile apps, while Forex4you is rated 4 stars and holds the 50th position.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 110 | 30 |
| 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 comparing the market research offerings of Plus500 and Forex4you, both platforms provide daily market commentary to keep traders informed about current market trends. However, Forex4you takes a step further by offering forex news from top-tier sources like Bloomberg and Reuters, which Plus500 does not. Additionally, Forex4you has tools from Autochartist for technical analysis or fundamental research, a feature that Plus500 lacks. Both brokers benefit from access to Trading Central's technical analytics, adding depth to their research capabilities. Plus500 stands out by offering a sentiment-based trading tool, something not available with Forex4you. Both brokerages provide an economic calendar for tracking global news events.
In terms of ratings for research, Plus500 is rated with four stars, while Forex4you holds a slightly lower rating of three and a half stars. The difference is further highlighted by their rankings on ForexBrokers.com, where Plus500 is placed at number 19 out of 62 brokers, indicating a stronger research position compared to Forex4you's ranking at number 47. These distinctions underscore Plus500's more comprehensive market research offerings and tools, providing traders with greater insights and resources for informed decision-making.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| 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 available for beginners at Plus500 and Forex4you, both platforms are committed to providing a solid foundation in forex and CFDs education, with over 10 educational pieces each, including articles, videos, and webinars. Plus500 further enhances its educational offerings with monthly online client webinars and a searchable archive of recorded sessions, whereas Forex4you lacks monthly webinars despite offering a similar archive. Plus500 also excels in providing over 10 video lessons tailored for beginners, in contrast to Forex4you, which does not meet the same standard.
For those with more experience, Plus500 delivers a comprehensive library of advanced videos, which Forex4you does not offer. Although neither platform provides an investor dictionary, Plus500 receives slightly higher ratings for its educational content, scoring 4.0 out of 5 stars compared to Forex4you's 3.5. Despite this, Forex4you is ranked higher for education by ForexBrokers.com, placing 25 out of 62 brokers, while Plus500 is ranked 31. These differences highlight Plus500's commitment to accessible and ongoing education, making it an attractive option for those seeking both foundational and advanced trading knowledge.
| Feature |
Plus500
|
Forex4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
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 Forex4you. Plus500 finished with an overall rank of #14, while Forex4you finished with an overall rank of #55.
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
|
Forex4you
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 99 | 61 |
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Both Plus500 and Forex4you offer the ability to buy cryptocurrency derivatives, but neither platform allows the purchase of actual delivered cryptocurrencies.
When comparing Plus500 and Forex4you as online brokers, neither supports ACH or SEPA transfers for fund management, Plus500 uniquely offers PayPal, both provide Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals, while Forex4you lacks PayPal functionality.
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 | Forex4you | |
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| Trust Score | 99 | 61 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
| Broker Screenshots | Plus500 | Forex4you | |
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| Regulation | Plus500 | Forex4you | |
|---|---|---|---|
| Trust Score | 99 | 61 | |
| Year Founded | 2008 | 2007 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 0 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Forex4you | |
|---|---|---|---|
| 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 | No | |
| 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 | Forex4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Forex4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 150 | |
| Forex Pairs (Total) | 65 | 43 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | Forex4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.5 | N/A | |
| All-in Cost EUR/USD - Active | 1.5 | 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 | Forex4you | |
|---|---|---|---|
| Minimum Deposit | €100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Plus500 | Forex4you | |
|---|---|---|---|
| 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Forex4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 114 | 30 | |
| Charting - Drawing Tools (Total) | 22 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | Forex4you | |
|---|---|---|---|
| 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 | 110 | 30 | |
| 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 | Forex4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Forex4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Plus500 | Forex4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | Plus500 Review |
| Overall | Plus500 | Forex4you | |
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| Trust Score | 99 | 61 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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