Compare ForexTime vs Plus500

ForexTime ForexTime ForexTime Plus500
ForexTime Plus500
Established 2011 Established 2008
Web Web
Location FXTM Tower, 35 Lamprou Konstantara,Kato Polemidia, 4156, Limassol, Cyprus Location Plus500CY Ltd, 169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus
Phone +357 25 558 777 Phone /
E-mail info@forextime.com E-mail support@plus500.com
Country Cyprus Country Cyprus, UK, Australia
Regulation FCA (UK) Cysec Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec
Number of instruments CFD 6 Number of instruments CFD 7
Broker type ECN, STP Broker type MM
Support Phone Mail Chat Support Mail Chat
Deposit from 200 EUR/USD Deposit from 100 EUR/USD
Spreads 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5) Platforms Web Platform
Instruments CFD Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Options, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies
Funding methods
Skrill Visa/Mastercard Bank Wire WebMoney
* Some of the payment methods may not be available in your country.
Funding methods
GiroPay Klarna PayPal Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

We have compared ForexTime and Plus500 to see what the key differences are between these brokers.

Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.

Below is a comparison of ForexTime VS Plus500

During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.

Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers ForexTime vs Plus500? At broker ForexTime you can trade a total of 35 currency pairs, in total you can find over 250+ instruments. At broker Plus500 you can trade a total of 70 of currency pairs, in total you will find over 2001+ instruments. Broker ForexTime provides Client Webinars, Has Education – CFDs, Education, Has Education – Forex. Broker Plus500 offers trading platforms of type Web Platform.

Investments

# ForexTime Plus500
Currency Pairs (Total Forex pairs) 35 70
CFDs – Total Offered 250+ 2001+
Options CFD No Yes
Share CFDs Yes Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes Yes
Real Stocks and ETFs No No
Investments rating 75% 88%
Winner

Cost

# ForexTime Plus500
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1.5 1
Deposit from 200 100
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No
Cost rating 80% 80%
Winner

Trading Platforms

# ForexTime Plus500
Desktop Platform (Windows) No No
Web Platform No Yes
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# ForexTime Plus500
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes Yes
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news Yes No
Order Type – Trailing Stop No Yes
Trading Tools rating 90% 90%
Winner

Mobile Trading

# ForexTime Plus500
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes Yes
SMS alerts No Yes
Mobile Trading No Yes
Mobile Trading rating 60% 100%
Winner

Research

# ForexTime Plus500
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes No
Weekly Webinars Yes No
Social Sentiment – Currency Pairs No No
Economic Calendar No Yes
Research No No
Research rating 50% 17%
Winner

Education

# ForexTime Plus500
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes No
Videos – Advanced Trading Videos No No
Investor Dictionary (Glossary) No Yes
Education Yes Yes
Education rating 67% 67%
Winner

Major Forex Pairs

# ForexTime Plus500
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Major Forex Pairs rating 100% 100%
Winner

Commodities

# ForexTime Plus500
Gold Yes Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee No Yes
Cocoa No Yes
Soybeans No Yes
Rice No No
Corn No Yes
Platinum Yes Yes
Palladium Yes No
Commodities rating 55% 82%
Winner

Indices

# ForexTime Plus500
DAX 30 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes
Indices rating 100% 100%
Winner

Cryptocurrencies

# ForexTime Plus500
Bitcoin Yes Yes
Litecoin Yes Yes
Ethereum Yes Yes
Ripple No Yes
Neo No Yes
Stellar No Yes
Cardano No Yes
Tron No Yes
Monero No Yes
EOS No Yes
Cryptocurrencies rating 30% 100%
Winner

Regulations

# ForexTime Plus500
Cysec Yes Yes
ASIC (Australia) No Yes
FCA (UK) Yes Yes
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 33% 67%
Winner

Support

# ForexTime Plus500
Chat Yes Yes
Phone Yes No
Mail Yes Yes
Support rating 100% 67%
Winner

Overall

# ForexTime Plus500
Link ForexTime Plus500
Win / Loss % 46% 56%
Winner