Plus500 vs OKX

Plus500 or OKX – which is better for UK traders 2025? Compare Plus500 and OKX in this detailed breakdown of their platforms, features and fees.

Plus500 vs OKX Comparison Table 2025
Plus500 OKX
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4.1
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4.1
Plus500 is ranked #17 among CFD brokers. OKX is ranked #3 among crypto brokers.
Review
Review
Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC. OKX, a reputable cryptocurrency company founded in 2017, provides a wide range of products, including mining pools and NFTs. Traders have access to more than 400 crypto tokens through OTC trading and derivatives. The firm features an outstanding web platform, developer tools, and dynamic charts, making it a favoured option for technical traders.
82% of retail CFD accounts lose money.
Pros
  • Plus500 offers a dedicated WebTrader platform tailored specifically for CFD trading. It features a user-friendly and streamlined interface.
  • In 2025, Plus500 expanded its range of share CFDs to include emerging sectors such as quantum computing and AI. This update opened up trading opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
  • The broker provides commission-free trading across a variety of markets, reducing extra charges and attracting experienced traders.
  • Plus500 has expanded its range of short-term trading instruments by adding VIX options, which feature increased volatility. Additionally, it has extended trading hours for seven stock CFDs.
  • Leverage can be used in trading both long and short positions, providing enhanced strategic opportunities.
  • The customer support team consistently delivers reliable support around the clock through email, live chat, and WhatsApp.
  • A vast array of blockchain products is available, featuring DeFi services, NFTs, and games, along with over 400 established and emerging cryptocurrencies.
  • In 2025, OKX obtained a MiFID II licence, allowing it to offer regulated derivatives across Europe, ensuring peace of mind for traders.
  • Access a diverse array of trading instruments, such as futures, options, and perpetual swaps, through both mobile and desktop platforms.
  • OKX enjoys a strong reputation, serving 20 million clients worldwide and holding a licence from the Dubai Virtual Assets Regulatory Authority.
  • Traders can obtain historical market information for both spot and futures markets, including OHLC data, aggregate trade details, and trading records.
  • The platform offers an extensive developer lab and access to a marketplace of pre-built trading bots equipped with automatic arbitrage functionalities.
  • Active traders benefit from competitive rates, with maker fees starting at 0.02% and taker fees at 0.05%.
  • Crypto staking and pools offer competitive mining fees starting at 2%.
Cons
  • Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
  • Educational resources are not as extensive as leading brokers such as eToro, which affects beginners' ability to learn quickly.
  • The lack of social trading features prevents users from copying trades made by seasoned traders.
  • Compared to competitors like IG, Plus500 offers limited research and analysis tools.
  • Algorithmic trading and scalping are not available, potentially deterring certain traders.
  • The firm has minimal regulatory oversight, which is typical for crypto brokers.
  • Testing revealed that customer support quality varied.
  • The broker's platform and features might feel intricate for beginners.
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options Spot, futures, perpetual swaps, options
Demo Account
Yes Yes
Minimum Deposit
$100 10 USDT
Payment Methods
Minimum Trade
Variable Variable
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA VARA
Mobile Apps
iOS, Android & Windows Android & iOS
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.
iOS App Rating
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rating full
4.1
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4.6
Android App Rating
rating empty
rating full
4.3
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rating full
4.3
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
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
No 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
Yes No
Market Maker
Yes No
P2P Trading
No Yes
Spot Trading
No Yes
Auto Trading
No Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • USD
  • EUR
  • GBP
  • INR
  • JPY
  • SGD
  • RUB
  • AED
  • SAR
Commodities
  • Copper
  • Cotton
  • Coffee
  • Livestock
  • Sugar
  • Gasoline
  • Cocoa
  • Platinum
  • Soybeans
  • Oil
  • Gold
  • Silver
  • Corn
  • Aluminium
  • Palladium
  • Wheat
  • Cattle
  • Lean Hogs
CFD
Plus500 offers commission-free CFDs across various markets, including currencies, stocks, indices, and commodities. Traders can take long or short positions on popular assets, enjoying flexible leverage with no hidden charges.
Leverage
1:30
FTSE Spread
Dynamic
GBPUSD Spread<
Dynamic
Oil Spread
Dynamic
Stocks Spread
Dynamic
Forex
Plus500 offers forex trading via CFDs with tight spreads on an extensive range of over 60 currency pairs. Our evaluation showed spreads as low as 0.6 pips for EUR/USD, which is significantly below many competitors' rates.
Assets
60+
GBPUSD Spread
Dynamic
EURUSD Spread
Dynamic
EURGBP Spread
Dynamic
Cryptocurrency
OKX provides an excellent range of over 400 tokens, such as Bitcoin and Ripple. Traders can engage in buying and selling tokens or engage in crypto trading on margin through derivatives like perpetual swaps, options, and futures. The platform is distinguished by its competitive fees, wide token selection, and rapid transaction processing.
Spread
Variable Variable
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • XCH
  • ETH
  • OKB
  • OKT
  • LTC
  • DOT
  • ADA
  • DOGE
  • XRP
  • USDT
  • ICP
  • BCH
  • LINK
  • XLM
  • ETC
  • MATIC
  • THETA
  • UNI
  • TRX
  • EOS
  • FIL
  • XMR
  • NEO
  • USDC
  • AAVE
  • SHIB
  • LUNA
  • KSM
  • BSC
  • ATOM
  • IOTA
  • ALGO
  • XTZ
  • CRO
  • MKR
  • BTT
  • CEL
  • LEO
  • WBTC
  • WAVES
  • KLAY
  • DASH
  • XEM
  • COMP
  • SNX
  • ZEC
  • DCR
  • SUSHI
  • SOL
  • EGLD
  • DAI
  • BTG
  • ZEN
  • NANO
  • KISHU
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No No
Auto Market Maker
No No
Plus500 OKX
Review
Review
82% of retail CFD accounts lose money.
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