Plus500 or Forex.com – which is better for UK traders 2021? Compare Plus500 and Forex.com in this detailed breakdown of their platforms, features and fees.
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand.
Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
72% of retail CFD accounts lose money.
FCA Regulated
✓ Yes
✓ Yes
Awards
Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Overall Broker 2019 - DayTrading.com
Best Trading App 2019 - DayTrading.com
Best US Broker 2020 - DayTrading.com
Best US Broker 2019 - DayTrading.com
Runner-Up - Best Forex Broker 2019 - DayTrading.com
Credit Card, Debit Card, Giropay, MoneyGram, Paysafecard, Wire Transfer
Minimum Trade
Varies by asset
$1
Regulator
FCA, CySec, ASIC
CySEC, NFA, CFTC, FCA, FSA, IIROC and CIMA
MetaTrader 4
✗ No
✓ Yes
MetaTrader 5
✗ No
✗ No
cTrader
✗ No
✗ No
DMA Account
✗ No
✓ Yes
ECN Account
✗ No
✓ Yes
Mobile Apps
iOS, Android and Windows
Yes
Auto Trading
✗ No
Automated trade supported through trading platforms (MT4)
Trade Signals
✗ No
✓ Yes
Social Trading
✗ No
✗ No
Copy Trading
✗ No
✗ No
Islamic Account
✗ No
✓ Yes
CFD
Leverage
1:30
1:50
FTSE Spread
Variable
1 pt
GBPUSD Spread
Variable
1.0 Var
Oil Spread
Variable
0.04 Var
Stocks Spread
Variable
0.1% (Min Commission Applies)
Forex
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.
Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry.
GBPUSD Spread
Variable
1.0 Var
EURUSD Spread
Variable
0.7 Var
EURGBP Spread
Variable
0.7 Var
Assets
70+
80+
Forex App
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, 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.
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
Cryptocurrency
CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation
Trade the major Cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account.