FXTMvs
Plus500Forex Broker Comparison
Two regulation-backed brokers face off on platform ecosystems and pricing structures. The tension centers on regulatory depth, platform choice, and overall cost.
Our Verdict
FXTM winsby 0.2 pts
FXTM earns the higher editorial score (4.2 vs 4.0) and is favored for stronger platforms/tools and customer support; Plus500 trails on these dimensions despite solid regulation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXTM offers MT4/MT5; Plus500 uses a proprietary platform.
- 2FXTM provides raw spreads; Plus500 has zero commission.
- 3FXTM supports phone support; Plus500 has no 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 1.50 pips for FXTM, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FXTM 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 | 4.2 / 5 | 4.2 / 5 |
FXTM vs Plus500 Forex Broker Pros & Cons
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
FXTM vs Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
FXTM
criteria wins
1
Plus500
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FXTM | 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 | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
FXTM vs Plus500: Frequently Asked Questions
The scores are close: FXTM rates 4.2/5 and Plus500 rates 4/5. FXTM 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while Plus500 requires at least $100. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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, two factors stand out: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM lists maximum leverage of 1000:1, 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.
FXTM supports MetaTrader 5, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. FXTM has exclusive access to MetaTrader 5 and MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile.
