Plus500 vs PaxForex

Plus500 or PaxForex – which is better for UK traders 2021? Compare Plus500 and PaxForex in this detailed breakdown of their platforms, features and fees.

Plus500 vs PaxForex Comparison Table 2021
Plus500 PaxForex
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. PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.
72% of retail CFD accounts lose money.
FCA Regulated
✓ Yes ✗ No
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
Instruments
Stocks, Options, CFD, Forex, Crypto Forex, stocks, indices, metals, cryptocurrencies
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$100 $10
Payment Methods
BPAY, Credit Card, Debit Card, Diners Club, Giropay, iDeal, JCB Card, M-Pesa, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer
Minimum Trade
Varies by asset 0.0001 lots
Regulator
FCA, MAS, CySec, ASIC, ESMA FSA
MetaTrader 4
✗ No ✓ Yes
MetaTrader 5
✗ No ✗ No
cTrader
✗ No ✗ No
DMA Account
✗ No ✗ No
ECN Account
✗ No ✗ No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
✗ No Yes (EAs)
Trade Signals
✗ No ✓ Yes
Social Trading
✗ No ✓ Yes
Copy Trading
✗ No ✗ No
Islamic Account
✗ No ✓ Yes
CFD
Trade across markets with leveraged CFDs.
Leverage
1:30 1:500
FTSE Spread
Variable 9
GBPUSD Spread
Variable 0.5
Oil Spread
Variable N/A
Stocks Spread
Variable Variable
Forex
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. Trade FX with tight spreads & 1:500 leverage.
GBPUSD Spread
Variable 0.5
EURUSD Spread
Variable 0.4
EURGBP Spread
Variable 1.5
Assets
70+ 60
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.

Cryptocurrency
CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation Trade popular cryptos against the US Dollar.
Spread
Variable From 3 pips
Coins
BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR BTC, ETH, LTC, XRP
Plus500 PaxForex
72% of retail CFD accounts lose money.
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