ForexTime vs. Plus500

ForexTime
46%
Deposit 200 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2011
Currency Pairs (Total Forex pairs) 35
Country: Cyprus
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Plus500
88%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2008
Currency Pairs (Total Forex pairs) 70
Country: Cyprus, UK, Australia
Regulation:
FCA (UK)
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
CFTC Registered (USA)
Trading app:
Web Platform
Number of CFD asset classes: 7
Broker type: MM
Support:
Mail
Chat
Funding methods:
GiroPay
Klarna
PayPal
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
www.plus500.com
82% of retail CFD accounts lose money.

Winner of the comparison

46%
ForexTime
59%
Plus500
Winner
If you don’t want to read the full comparison, the winner of our review is Plus500, which takes the lead with a rating of 59%, while ForexTime only reaches 46%. ForexTime requires a minimum deposit of 200 EUR/USD, while Plus500 sets it at 100 EUR/USD. Conversely, Plus500 scores with a lower minimum deposit. For ForexTime, the spread is 1.5 EUR/USD, while for Plus500 it is 1 EUR/USD. Lower spreads at Plus500 give it the edge. ForexTime offers 35 forex pairs, while Plus500 provides 70. More options come with Plus500. ForexTime was founded in 2011, while Plus500 has been operating since 2008. The older Plus500 has the upper hand in this regard. This advantage goes to Plus500, while ForexTime lacks it. ForexTime is overseen by 2 regulatory bodies, while Plus500 has 5. Stricter oversight at Plus500 gives it an advantage. ForexTime supports 2 platforms, while Plus500 offers 1. A greater choice of platforms gives ForexTime the lead.

Comprehensive Comparison: ForexTime vs Plus500

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Plus500 with an overall rating of 59%
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011
Plus500
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
70
Year Established
2008

Key Strengths

ForexTime
    • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
    • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
    • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
Plus500
    • User-friendly platform
    • Tight spreads
    • Good selection of crypto CFDs
    • Advanced risk management tools
    • Support assistance service 24 hours a day, 7 days a week
    • More than 2800 trading instruments

Comparison by Categories

Trading Tools
ForexTime
90%
Plus500
90%
Trading Platforms
ForexTime
29%
Plus500
14%
Trading Costs
ForexTime
80%
Plus500
80%
Educational Materials
ForexTime
67%
Plus500
67%
Customer Support
ForexTime
100%
Plus500
67%
Overall Rating
ForexTime
46%
Plus500
59%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, Plus500 is an ideal choice for new traders.
Best Platform
The trading platform of broker ForexTime offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# ForexTime Plus500
Currency Pairs (Total Forex pairs) 35 70
CFDs – Total Offered 250+ 2800+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 88%
Winner
Cost
# ForexTime Plus500
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.5 1
Deposit from 200 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# ForexTime Plus500
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 14%
Winner
Trading Tools
# ForexTime Plus500
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 90% 90%
Winner
Research
# ForexTime Plus500
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 67%
Winner
Education
# ForexTime Plus500
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 67% 67%
Winner
Forex
# ForexTime Plus500
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# ForexTime Plus500
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 55% 91%
Winner
Indicies
# ForexTime Plus500
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# ForexTime Plus500
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 30% 90%
Winner
Regulations
# ForexTime Plus500
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 83%
Winner
Support
# ForexTime Plus500
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# ForexTime Plus500
Go to the full broker review ForexTime Plus500
Win / Loss % 46% 59%
Winner