FP Markets vs Plus500 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FP Markets

Plus500

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

Market maker

Years of Existence / Established Year

2005

2008

Customer Base / Number of Accounts

No information

20 Million

Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

Awards Won (count for the last 2 years)

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Security Measures

Anti-Money Laundering

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments

2800+

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Retail Account & Demo Account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$100

Leverage Available

500:1

1:30

Trade Limit (maximum per trade)

Depends on the asset type

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced traders

Deposit & Withdrawal Options

Deposit Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Credit, Debit, Master card, Bank transfer, e-wallets

Withdrawal Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Credit, Debit, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer

PayPal, Skrill

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide

Fees & Commissions

Trading-Related Fees

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

Commission-$0

Spread (typical, fixed, variable)

Typical

Variable

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

500:1

1:30

Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

Subscription Fees (for premium features, data feeds)

Advisory Fees

$70

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

Starts from 0.06 to 0.30 %

0.70%

Withdrawal Fee

Upto $50

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

Customer Support Methods (phone, email, live chat)

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Support Languages

12+

32+

Additional Information

Headquarters Location

Sydney,Australia

Menachem Begin 125 Tel Aviv, Israel.

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Both FP Markets and Plus500 offer affordable fee structures, but FP Markets generally edges out with no inactivity fees and lower commissions on standard trades, whereas Plus500 shines with bundled research and platform access.

FP Markets uses a digital-first onboarding approach with clear instructions and fast ID verification. Plus500 goes a step further with manual checks and optional account tiers, ideal for serious professionals.

FP Markets integrates well with algorithmic trading tools and third-party plugins. In contrast, Plus500 emphasizes educational content and built-in research features within its platform.

Advanced users will enjoy FP Markets capabilities, but Plus500 remains a favorite for its streamlined and beginner-centric approach.

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