FXOpen vs. Plus500

FXOpen
55%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2005
Currency Pairs (Total Forex pairs) 95
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
MetaTrader 5 (MT5)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* 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

36%
FXOpen
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 FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while Plus500 sets it at 100 EUR/USD. The entry amount is the same for both. For FXOpen, the spread is 1 EUR/USD, while for Plus500 it is 1 EUR/USD. In this area, both brokers are on par. FXOpen offers 95 forex pairs, while Plus500 provides 70. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while Plus500 has been operating since 2008. The longer tradition of FXOpen means greater experience. This advantage goes to Plus500, while FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while Plus500 has 5. Stricter oversight at Plus500 gives it an advantage. FXOpen supports 3 platforms, while Plus500 offers 1. A greater choice of platforms gives FXOpen the lead.

Comprehensive Comparison: FXOpen 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%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
Plus500
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
70
Year Established
2008

Key Strengths

FXOpen
    • Micro accounts from just 1 USD allow starting with minimal capital
    • Support for MetaTrader 4 and 5 - the standard among traders
    • Free demo accounts for practicing strategies
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
FXOpen
100%
Plus500
90%
Trading Platforms
FXOpen
43%
Plus500
14%
Trading Costs
FXOpen
80%
Plus500
80%
Educational Materials
FXOpen
33%
Plus500
67%
Customer Support
FXOpen
100%
Plus500
67%
Overall Rating
FXOpen
36%
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 FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# FXOpen Plus500
Currency Pairs (Total Forex pairs) 95 70
CFDs – Total Offered 110+ 2800+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 88%
Winner
Cost
# FXOpen Plus500
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1
Deposit from 100 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# FXOpen Plus500
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 14%
Winner
Trading Tools
# FXOpen 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 100% 90%
Winner
Research
# FXOpen Plus500
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 33% 67%
Winner
Education
# FXOpen Plus500
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 67%
Winner
Forex
# FXOpen Plus500
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# FXOpen Plus500
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 91%
Winner
Indicies
# FXOpen Plus500
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# FXOpen Plus500
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 90%
Winner
Regulations
# FXOpen Plus500
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 83%
Winner
Support
# FXOpen Plus500
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# FXOpen Plus500
Go to the full broker review FXOpen Plus500
Win / Loss % 36% 59%
Winner