FXGiants vs Plus500
FXGiants or Plus500 – which is better for UK traders 2024? Compare FXGiants and Plus500 in this detailed breakdown of their platforms, features and fees.
FXGiants | Plus500 |
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FXGiants is ranked #97 among CFD brokers. | Plus500 is ranked #23 among CFD brokers. |
FXGiants is a global CFD broker with FCA and ASIC regulation and hundreds of products available with STP or ECN execution. We like that the broker boasts several useful features, supporting always-on, ultra-fast automation via its dedicated fibre-optic VPS. | Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC. |
80% of retail CFD accounts lose money. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
Forex, CFDs, indices, shares, commodities, futures | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA & ASIC | FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA |
Mobile Apps | |
Yes | iOS, Android & Windows |
Trading App | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Yes | No |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$10 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
The 300+ instruments offered by FXGiants span seven asset classes, including indices, equities, futures and commodities. In particular, our team was impressed by the breadth of commodities, covering hard, soft and energy products. | Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. |
Leverage | |
1:300 (UK), 1:500 (Australia), 1:1000 (Global) | 1:30 |
FTSE Spread | |
N/A | 1.2 |
GBPUSD Spread< | |
1.97 | 1.1 |
Oil Spread | |
4.11 | 0.04 |
Stocks Spread | |
Variable | 0.08 |
Forex | |
FXGiants offers a strong suite of 70 currency pairs, spanning major, minor and exotics. Forex can be traded through CFDs, offering long and short opportunities with leverage. | Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. |
Assets | |
84 | 60+ |
GBPUSD Spread | |
1.97 | 1.1 |
EURUSD Spread | |
1.74 | 0.6 |
EURGBP Spread | |
1.90 | 1.4 |
FXGiants | Plus500 |
80% of retail CFD accounts lose money. | |
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FXGiants vs |
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