Markets.com vs Plus500 | Broker Comparison
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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.4% 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
- Heavy regulatory compliance – FCA, CySEC, ASIC and others
- Tight spreads and low fees
- Beginner-friendly MT4/MT5 shop
- Top-notch customer service
- No commission fees on CFDs
Cons
-
- Website manoeuvrability can be confusing
- Research tools are behind industry leaders
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
Feature
Markets.com
Plus500
Minimum deposit:
100 GBP, EUR, USD
100 units of USD, EUR, GBP
Withdrawal fee amount:
None
None
Inactivity fee charged (Y/N):
Y
Y
Max leverage:
1:300 (applicable to EU professional clients only and clients under BVI and FSCA regulation.) 1:30 For the rest of the regulations (UK, SA and retail clients for EU)
1:30
Number of instruments:
over 3000
2,000+
Time to open account:
1-2 business days
1-2 business days
Demo account provided (Y/N):
Y
Y
Countries of regulation:
UK, Cyprus, Australia, BVI, South Africa
UK, Cyprus, Australia, New Zealand, South Africa, Seychelles, Estonia, Singapore, Israel, US, Japan
Products offered:
CFDs
CFDs in forex, indices, shares, commodities, options, ETFs, and cryptocurrencies in limited jurisdictions, stocks on Plus500Invest (available in certain countries)
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