Two brokers face off on cost structures and long-term investing features. The tension centers on commission-free trading versus regulated CFD access and broader market coverage.
Freetrade leads on the editorial score, driven by commission-free trading and ISA/SIPP availability; Plus500 lacks these long-term investing wrappers.
Find out which stock broker best suits your investing profile.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Freetrade wins for low cost trading because it offers commission-free stock and ETF trades.
| Editorial score | 4.0/ 5 | 3.6/ 5 |
|---|---|---|
| Min deposit | N/A | $100 |
| Spreads from | N/A | 0.6 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $10/month (after 3 months) |
| Deposit fee | Free |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Freetrade | Plus500 |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Pass | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Fail | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Fail |
The scores are close: Freetrade rates 4/5 and Plus500 rates 3.6/5. Freetrade 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. Current spread data is not available for Freetrade. Check both brokers' websites for up-to-date spread and commission pricing.
Plus500 requires $100. Minimum deposit information is not currently available for Freetrade.
Both Freetrade 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, Plus500 provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
Freetrade lists maximum leverage of 1:1, while Plus500 lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Freetrade supports Freetrade App, while Plus500 supports Proprietary Web/Mobile. Freetrade has exclusive access to Freetrade App. Plus500 has exclusive access to Proprietary Web/Mobile.
Freetrade offers commission-free stock trading while Plus500 does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
Both Freetrade and Plus500 are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
Equally matched; both are regulated by top-tier authorities.
Freetrade is best for long-term investors thanks to ISA/SIPP options and fractional shares.
Plus500 is best for active traders due to access to 1,800+ share CFDs and short selling.
Freetrade is best for beginners due to its clean mobile interface and no minimum deposit.
Plus500 offers broader global market access with 18 exchanges.
| Free |
| Deposit methods | Bank transferDebit card | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transfer | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | Yes | No |
|---|
| Fractional shares | Yes | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | No | Yes |
|---|
| Regulators | FCA | FCA ASIC MAS CySEC CMA |
|---|
| Platforms | Freetrade App | Proprietary Web/Mobile |
|---|
| Active bonuses | 2 offers | None |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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