Forex.comvs
Plus500Forex Broker Comparison
Two regulated forex brokers contrast in platform ecosystems and pricing models. The debate centers on platform reach, cost structure, and research depth.
Our Verdict
Forex.com winsby 0.2 pts
Forex.com wins on editorial score, supported by stronger regulation scores and a broader platform/tool suite than Plus500.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Forex.com offers MT4/MT5 while Plus500 does not.
- 2Forex.com provides raw spreads; Plus500 has no raw spread option.
- 3Forex.com offers 400 instruments; Plus500 offers 2000.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Plus500 offers tighter spreads from 0.60 pips vs 1.00 pips for Forex.com, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Forex.com vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
Forex.com vs Plus500 Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Forex.com vs Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
Forex.com
criteria wins
0
Plus500
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | Plus500 |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Forex.com vs Plus500: Frequently Asked Questions
The scores are close: Forex.com rates 4.2/5 and Plus500 rates 4/5. Forex.com has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Plus500 starts from 0.6 pips, tighter than Forex.com's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both Forex.com and Plus500 require a minimum deposit of $100 to open a live trading account.
Both Forex.com and Plus500 hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Forex.com lists maximum leverage of 50:1, while Plus500 lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Forex.com charges $7 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Forex.com has exclusive access to MetaTrader 5 and MetaTrader 4.
