DEGIRO vs Plus500 | Broker Comparison

Review By: Ivan Postoian

Review Updated: 2022-05-09

So you are looking to compare forex brokers, no doubt you are looking for a forex broker comparison which will help you find who has the best forex spreads and forex leverage. We can help! We have done extensive research of the major forex brokers to bring you a set of results with customisable comparisons between brokers. Use our tool below to make a quick comparison between two forex brokers to see who has what rates and fees. Over on the right of the screen, you will see two drop-down fields. Select the brokers you want to compare. See our full list of broker comparisons here.

4.2

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Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

Pros

• Largest online low-cost/commission stockbroker in the EEA
• Listed on the SDAX in Germany (70 small to mid-cap stocks)
• Broad access to global stock exchanges, ETFs, bonds, futures and options
• Garnered many awards, especially for Customer Service

 

Cons

• No trading in forex except for experienced option traders
• No demo account
• Restricted crypto offering
• No US citizens accepted

 

4.1

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pros

• Heavily regulated in 11 jurisdictions, including FCA, ASIC and CySEC
• Good transparency on fees, better than average on costs
• Proprietary WebTrader platform and app have won many awards, user-friendly
• More than 2,000 popular asset choices on CFD platform

 

Cons

• Research and education materials could be more comprehensive
• Customer service has no telephone access
• No MT4 or MT5 trading platform products offered