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.
Founded in 2008, Plus500 offers a significant degree of security to its users with its status as a publicly traded company. Notably, Plus500 holds 6 Tier-1 licenses and 3 Tier-2 licenses, indicating a strong level of regulatory oversight. This extensive regulatory backing contributes to its impressive Trust Score of 99 out of 99 according to ForexBrokers.com, making it a highly trusted option for online traders.
FxPro, established in 2006 and not publicly traded, also provides a solid framework of trust, albeit with fewer regulatory licenses. FxPro holds 2 Tier-1 licenses and 1 Tier-2 license. The broker's ForexBrokers.com Trust Score of 90 out of 99 positions it within the highly trusted category, showcasing a commitment to regulatory standards, though with slightly less coverage compared to Plus500.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Year Founded | 2008 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the online brokers Plus500 and FxPro for commissions and fees, Plus500's pricing appears to be slightly above the industry average. The broker does not offer retail client discounts but does provide cash rebates for those classified as Professional clients, similar to an active trader program. Spreads on the EUR/USD pair averaged 1.5 pips in April 2024, which is higher than the industry average. For commissions and fees, Plus500 is rated 4.0 out of 5 stars and ranked #25 out of 62 brokers by ForexBrokers.com.
FxPro, on the other hand, also presents pricing that is above the industry average, making it less competitive compared to peers like Pepperstone or IC Markets. Traders using FxPro's MT4 platform can choose between variable or fixed spreads, with options for instant and market execution methods. The most competitive spreads are found on FxPro’s cTrader platform, offering a commission-based pricing model where the effective spread for the EUR/USD is roughly 1.27 pips. Despite offering discounts of up to 30% for active traders through its Elite account, FxPro falls short compared to top competitors. It holds a 4-star rating for commissions and fees and is ranked #32 by ForexBrokers.com.
| Feature |
Plus500
|
FxPro
|
|---|---|---|
| Minimum Deposit | €100 | $100 |
| Average Spread EUR/USD - Standard | 1.5 | 1.51 |
| All-in Cost EUR/USD - Active | 1.5 | 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 Plus500 and FxPro for their range of investments, Plus500 stands out with a broader selection of tradeable symbols, offering 5,500 compared to FxPro's 2,249. Although both platforms provide forex trading through CFDs or spot contracts, FxPro slightly edges out in forex pairs, offering 70 pairs against Plus500's 65. Plus500 excels in offering exchange traded securities directly on both U.S. and international exchanges, an option FxPro lacks for U.S. traded stocks. However, both brokers allow trading in cryptocurrency derivatives, though neither support the buying of actual cryptocurrencies.
In terms of unique features, FxPro offers an advantage with copy trading services, which Plus500 does not provide. Rankings from ForexBrokers.com place Plus500 at #24 and FxPro at #28 out of 62 brokers in the Range of Investments category, reflecting Plus500’s slightly more extensive offerings. Their ratings for range of investments are close, with Plus500 earning 4.5 stars and FxPro receiving 4 stars, indicating both are strong choices depending on your specific investment needs and preferences.
| 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 stand out as popular choices for traders looking for reliable platforms and tools, both offering free virtual demo accounts for those wishing to simulate trading without risk. Plus500 presents a proprietary web-based trading experience with a strong ranking of 14th out of 62 brokers. While it lacks Windows-based desktop support and is not equipped with MetaTrader 4 or 5, Plus500 provides 22 drawing tools and an impressive 10 columns for watch lists, earning it a high rating of 4.5 stars for its trading platforms and tools.
FxPro, on the other hand, also provides a proprietary platform, accessible as both web-based and Windows desktop versions, suitable for users who prefer downloading software. Unlike Plus500, FxPro supports MetaTrader 4 and 5, as well as copy trading, which enhances its appeal. Though FxPro has fewer watchlist columns, with six available, it offers a broader range of 25 drawing tools and the ability to trade directly from stock charts. While ranked slightly lower at 19th position, FxPro secures a commendable 4-star rating for its trading platforms and tools.
| 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) | 114 | 53 |
| Charting - Drawing Tools (Total) | 22 | 25 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and FxPro offer mobile trading apps for iPhone and Android, catering to traders on the go. Users of both platforms can set stock or forex price alerts and sync watchlist symbols between their mobile apps and online accounts. When it comes to technical analysis, Plus500 takes the lead by providing 110 technical studies, compared to FxPro's 65. Both apps allow users to draw trendlines and view charts in multiple time frames. However, FxPro stands out by auto-saving drawings, which Plus500 does not. Both apps let users create watchlists with real-time quotes, ensuring access to up-to-date market data.
In terms of user ratings, both Plus500 and FxPro’s mobile apps score an impressive 4.5 out of 5 stars. In ForexBrokers.com's ranking of 62 brokers, Plus500 is placed at #14, slightly edging out FxPro, which is ranked at #15. While both apps offer a comprehensive set of features tailored for both novice and seasoned traders, Plus500’s higher number of technical studies may appeal more to those who rely heavily on chart analysis. Nevertheless, the decision between the two may come down to personal preference regarding user interface and specific features.
| 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 | 110 | 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.
When comparing the market research offerings of Plus500 and FxPro, both online brokers provide daily market commentary, ensuring investors stay informed on the latest trends. However, a key distinction is that FxPro provides forex news from top-tier sources like Bloomberg and Reuters, which Plus500 does not. While neither broker utilizes Autochartist tools, they both offer analytical tools from Trading Central, giving users robust technical insights. In terms of sentiment analysis, both Plus500 and FxPro provide tools that reveal the proportion of long or short positions in trading pairs, which can aid in market trend prediction.
Additionally, both platforms feature an economic calendar to keep traders aware of significant global economic events. Plus500 has been awarded a 4.0-star rating for research, ranking #19 among 62 brokers according to ForexBrokers.com, slightly ahead of FxPro, which also holds a 4-star rating but is ranked #27. Both brokers, however, do not offer market research from TipRanks or tools from Acuity Trading, suggesting room for enhancement in market intelligence resources. Overall, Plus500 edges out FxPro slightly in overall research capabilities but FxPro still offers high-quality news resources.
| 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 it comes to educational resources for beginners, both Plus500 and FxPro offer a solid foundation with over 10 educational pieces each, focusing on forex and CFDs. Plus500 has a slight edge with its monthly online client webinars, a feature FxPro doesn't provide. In addition, Plus500 offers a wealth of both beginner and advanced educational videos, whereas FxPro focuses more on beginner videos and does not extend the same depth to advanced traders. Both brokers provide a searchable archive of past webinars, allowing users to access information conveniently.
FxPro stands out with its comprehensive investor dictionary that defines over 50 investing terms, a feature Plus500 lacks. Both brokers are rated 4.0 stars for their educational offerings. However, FxPro's overall commitment to education shines through with a higher ranking in ForexBrokers.com's Education category, placed at #17 compared to Plus500's rank of #31. Whether you prioritize webinars or a robust dictionary, both Plus500 and FxPro offer valuable tools to aid beginner traders on their financial journey.
| 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 62 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 | 90 |
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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 | 90 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FxPro Review |
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| Regulation | Plus500 | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 90 | |
| Year Founded | 2008 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| 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 | 1 | 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 | 1.5 | 1.51 | |
| All-in Cost EUR/USD - Active | 1.5 | 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 | €100 | $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) | 114 | 53 | |
| Charting - Drawing Tools (Total) | 22 | 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 | 110 | 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 | 90 | |
| Winner | check_circle | ||
| Review | Plus500 Review | FxPro Review |
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