Plus500vs
tastytradeForex Broker Comparison
Two brokers present contrasting models: Plus500 emphasizes broad regulation and zero commissions, while tastytrade centers on US options trading and low commissions.
Who should choose Plus500 vs tastytrade?
Find out which broker best suits your trader profile.
Choose if…
Choose Plus500 if you value 24/5 live chat and multilingual support.
Choose if…
Choose tastytrade if you value phone support, no inactivity fee, and an advanced options-focused platform.
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 vs tastytrade: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.5 / 5▲ |
Plus500 vs tastytrade Forex Broker Pros & Cons
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Plus500 vs tastytrade: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
Plus500
criteria wins
3
tastytrade
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Plus500 | tastytrade |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
Plus500 vs tastytrade: Frequently Asked Questions
The scores are close: Plus500 rates 4/5 and tastytrade rates 4.3/5. tastytrade 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. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
tastytrade has no minimum deposit, while Plus500 requires at least $100. This makes tastytrade more accessible for traders with limited starting capital.
Both Plus500 and tastytrade 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: tastytrade has no minimum deposit, removing the capital barrier entirely, and Plus500 provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Plus500 lists maximum leverage of 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Plus500 supports Proprietary Web/Mobile, while tastytrade supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile.
