FxProvs
Plus500Forex Broker Comparison
Both brokers sit at the crossroads of regulation, cost, and platform choice. The comparison highlights how platform depth and pricing approaches diverge, inviting closer scrutiny.
Our Verdict
FxPro winsby 0.3 pts
FxPro edges Plus500 on the editorial score and platform breadth, supported by FCA/CySEC regulation and transparent raw ECN pricing. Plus500 offers zero-commission trades but lacks MT4/MT5, raw spreads, phone support, and deeper research tools.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FxPro offers MT4/MT5; Plus500 does not.
- 2FxPro provides raw ECN pricing; Plus500 has none.
- 3FxPro provides phone support; Plus500 lacks phone support.
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 1.20 pips for FxPro, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FxPro vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.2 / 5 |
FxPro vs Plus500 Forex Broker Pros & Cons
Pros
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
FxPro vs Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
FxPro
criteria wins
0
Plus500
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FxPro | 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 | Pass | 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 |
FxPro vs Plus500: Frequently Asked Questions
The scores are close: FxPro rates 4.3/5 and Plus500 rates 4/5. FxPro 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both FxPro and Plus500 require a minimum deposit of $100 to open a live trading account.
Both FxPro 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.
FxPro lists maximum leverage of 500:1, 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.
FxPro charges $7 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. FxPro has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4.
