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

Broker Name

Freetrade

Plus500

Broker Overview

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

STP broker

Market maker

Years of Existence / Established Year

2016

2008

Customer Base / Number of Accounts

1.5 M

20 Million

Regulation & Security

Regulations (governing bodies)

FCA

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

Awards Won (count for the last 2 years)

Best Online trading platform 2024

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

Security Measures

Yes

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)

6200+ U.S Treasury Bills, Investment trust

2800+

Currency Pairs

Commodities

Indices

Cryptocurrencies

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Yes

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

General investment account, Stocks and shares ISA, Personal pension account

Retail Account & Demo Account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$100

Leverage Available

100:1

1:30

Trade Limit (maximum per trade)

depends on asset class

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

Bank transfer, debit card, Apple pay, google pay

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

Withdrawal Methods

Linked bank account

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

Other E-Wallets Supported

Apple pay , google pay

PayPal, Skrill

Tools & Educational Resources

Economic Calendar

Yes

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

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

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

FX fee of 0.59%

Commission-$0

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

1:30

Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

£10.97

Deposit Fee

£5

Currency Conversion Fee

Exchange rate + 0.99%

0.70%

Withdrawal Fee

£5

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

Depends on the instrument offer

Customer Support

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

24/5

24/7

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

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

Support Languages

32+

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

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

While Freetrade prioritizes fast registration with minimal steps, Plus500 focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

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

Freetrade is geared toward frequent trading and analytics, while Plus500 fits those who value simplicity and guided experiences.

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