FXOpen vs Plus500 - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

FXOpen vs Plus500

Compare FXOpen and Plus500 side by side: fees, regulation, platforms.

FXOpen

FXOpen

Experienced ECN and forex traders

FXOpen is an ECN forex and CFD broker founded in 2005, offering raw spreads from 0.0 pips across forex, indicโ€ฆ

VS
Plus500

Plus500

Active CFD traders who want web and mobile access

Plus500 offers CFD trading across forex, shares, ETFs, options and crypto, plus Plus500 Invest for stocks, wiโ€ฆ

Head-to-head comparison

FXOpen vs Plus500
Feature FXOpen Plus500
Minimum deposit - -
Stock trading fee Stock CFDs available; spreads apply -
Regulators FCA, CySEC CySEC, FCA, EFSA, CFTC, ASIC, FMA, FSCA, SCA, DFSA, JFSA, MAS, FSA, SCB, BAPPEBTI, CIRO
Best for Experienced ECN and forex traders Active CFD traders who want web and mobile access
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
Options
-
Futures
-
Margin
-
Demo Account
Multi Currency
-

Pros & cons

FXOpen

FXOpen

Pros

  • ECN execution with raw spreads from 0.0 pips
  • Commission from $1.50 per lot on ECN accounts
  • Four trading platforms including MT4, MT5, TickTrader and TradingView
  • FCA and CySEC regulated entities
  • Demo account with up to $5,000,000 virtual funds
  • 700+ tradable instruments across forex, indices, stocks, ETFs and crypto
  • Free VPS for eligible high-volume clients
  • PAMM and copy trading available

Cons

  • Inactivity fee of $10 per month after 90 days
  • ASIC license cancelled in September 2024 due to serious regulatory concerns
  • Minimal educational content compared to larger brokers
  • Limited research tools and market analysis
  • Demo account on TradingView not available
  • Wire withdrawal fees apply on some entities
  • Fewer stocks and commodities than some competitors
Plus500

Plus500

Pros

  • 0% opening and closing trade fees on CFD positions
  • 0% Plus500 deposit and withdrawal fees
  • Unlimited demo with live quotes and adjustable balance
  • +Insights shows trends from millions of Plus500 trades
  • 100+ technical indicators and flexible alerts
  • Client deposits held separately under CySEC rules
  • Selected clients can receive technical analysis and an account manager

Cons

  • Inactivity fee up to 10 USD after three months without login
  • Currency conversion fee up to 0.7% of realized profit or loss
  • Overnight financing can apply when positions remain open
  • Guaranteed stop orders use a wider spread
  • Third-party fees may apply to international cards or bank transfers
  • Real-time prices require opening an account
FXOpen

FXOpen

FXOpen is an ECN forex and CFD broker founded in 2005, offering raw spreads from 0.0 pips across forex, indices, stocks, ETFs and crypto via MT4, MT5, TickTrader and TradingView.

Your capital is at risk. Other fees apply.

Plus500

Plus500

Plus500 offers CFD trading across forex, shares, ETFs, options and crypto, plus Plus500 Invest for stocks, with web/mobile apps and a demo account.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.