Plus500 vs OKX

Plus500 or OKX – which is better for UK traders 2026? Compare Plus500 and OKX in this detailed breakdown of their platforms, features and fees.

Plus500 vs OKX Comparison Table 2026

Plus500	OKX
4.1	4.1
Plus500 is ranked #10 among CFD brokers.	OKX is ranked #13 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.	Founded in 2017, OKX is a reputable cryptocurrency company, providing a comprehensive range of offerings, including trading and NFTs. It enables traders to access more than 400 crypto tokens through OTC trading and derivatives. Its excellent web platform, developer tools, and interactive charts make OKX a preferred option among technical traders.
81% 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 introduced new share CFDs in emerging sectors such as quantum computing and AI, presenting opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana. The broker provides low-commission trading across varied markets, reducing extra fees and attracting seasoned traders. Plus500 has expanded its range of short-term trading products. It has launched VIX options with increased volatility and extended the trading hours to 24/5 for select stock and ETF CFDs, including those for SpaceX. The customer support team consistently delivers reliable support around the clock through email, live chat, and WhatsApp. AI Bites now provides real-time, AI-generated market summaries, technical analysis, and social sentiment alongside charts, assisting active traders in making short-term decisions.	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. Introduced in 2026, X-Perps offers opportunities in traditional financial assets, such as US equities and commodities. OKX serves 50 million clients worldwide and holds 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%.
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 company provides minimal regulatory supervision, typical of most crypto exchanges. In 2025, OKX consented to a penalty exceeding $500 million for breaching US AML regulations. 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, Options	Spot, Futures, Swaps, Options, X-Perps
Demo Account
Yes	Yes
Minimum Deposit
$100	10 USDT
Payment Methods
Apple Pay Credit Card Debit Card Mastercard PayNow PayPal Skrill Trustly Visa Wire Transfer	Apple Pay Banxa Credit Card Google Pay Mastercard PayPal Simplex Visa Wire Transfer
Minimum Trade
Variable	Variable
Regulator
FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI	FinCEN, VARA
Mobile Apps
iOS, Android & Windows	Android & iOS
Trading App
Plus500 have tailored their mobile apps to align with the WebTrader online platform. The app is secure, dependable, and ranks highly. Stop loss, limits, free alerts, and a comprehensive range of markets and instruments are provided. Access the download page here.
iOS App Rating
4.1	4.6
Android App Rating
4.3	4.3
Margin Trading
Yes	Yes
Margin Rate
2.5%
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
Yes	Yes
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	$0
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
Yes
FTSE Spread
2.0
GBPUSD Spread<
1.3
Oil Spread
0.06
Stocks Spread
1.28 (Apple)
Forex
Plus500 offers CFD trading in forex, with tight spreads across over 60 currency pairs. Testing showed spreads as low as 0.6 pips on the EUR/USD, lower than many competitors.
Assets
60+
GBPUSD Spread
1.3
EURUSD Spread
0.6
EURGBP Spread
1.5
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	1INCH AAVE ACA ACE ACH ADA AERGO AEVO AGLD AIXBT ALCX ALGO ALPHA AMP ANIME APE API3 APT AR ARB ARG ARKM ARTY ASTR ATH ATOM AUCTION AVAX AXS BABY BABYDOGE BADGER BAL BANANA BAND BAT BCH BERA BICO BIGTIME BIO BLUR BNB BNT BOME BONE BONK BORA BSV BTC BTT CAT CATI CELO CELR CETUS CFG CFX CHZ CITY CLV COMP CORE CRO CRV CSPR CTC CTXC CVC CVX CXT DAI DAO DASH DEGEN DEP DGB DIA DOGE DOGS DOT DUCK DYDX EGLD EIGEN ELF ELON ENA ENJ ENS EOS ERN ETC ETH ETHFI ETHW EURC FET FIL FLM FLOKI FLOW FLR FLUID FORTH FXS G GALA GAS GEAR GHST GLM GLMR GMT GOAT GODS GOG GRT HBAR HMSTR ICP ICX ID ILV IMX INJ IOST IOTA IP IQ JASMY JOE JST JTO JUP KAIA KAITO KAS KDA KNC KSM LAT LAYER LDO LEO LINK LOOKS LPT LQTY LRC LSK LTC LUNA LUNC MAGIC MAJOR MANA MASK MDT MEME MEMEFI MENGO MERL METIS MEW MINA MKR MLN MOODENG MORPHO MOVE MOVR NAVX NC NEAR NEIRO NEO NMR NOT NULS OAS OKB OKT OL OM OMI ONDO ONE ONT OP ORBS ORDI OXT PARTI PENDLE PENGU PEOPLE PEPE PERP PHA PI PIXELS PNUT POL POLYDOGE POR PRCL PRQ PSTAKE PYTH QTUM RACA RADAR RAY RENDER RIO RON RPL RSR RSS3 RVN SAFE SAMO SAND SATS SC SCR SD SEI SHIB SKL SLP SNT SNX SOL SONIC SPURS SSV STETH STORJ STRK STX SUI SUSHI SWEAT SWFTC T TAO THETA TIA TON TRB TRUMP TRX TURBO TWT UMA UNI USDC USDT USTC VET VIRTUAL W WBTC WIF WLD WOO XCH XEM XLM XMR XRP XTZ YFI ZEC ZEN ZK ZRO
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No
Plus500	OKX
Review	Review
81% of retail CFD accounts lose money.
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