Updated October 13, 2026 · BrokerCue Editorial Team
Mitrade vs Plus500
Mitrade vs Plus500: the differences
| Compare |  Mitrade |  Plus500 |
|---|---|---|
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, Options, Crypto |
| Regulators | ASIC, CIMA, CySEC, FSC | Financial Conduct Authority, Cyprus Securities and Exchange Commission |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Platforms | Mitrade trading platform | Plus500 WebTrader, Plus500 Mobile App |
| Retail accounts that lose money | Not confirmed | 81% |
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Key differences
- Regulators: only Mitrade offers ASIC, CIMA, CySEC.
- Regulators: only Plus500 offers Financial Conduct Authority, Cyprus Securities and Exchange Commission.
- Mitrade is licensed in 2 more countries.
- Markets: only Mitrade offers CFDs.
- Markets: only Plus500 offers Options.
- Platforms: only Mitrade offers Mitrade trading platform.
- Platforms: only Plus500 offers Plus500 WebTrader, Plus500 Mobile App.
- Features: only Mitrade offers Crypto.
Our verdict on each
Mitrade
Mitrade centres on CFDs covering forex, gold, oil and major indices through its own trading platform. It is an EU regulated broker within Mitrade Group and suits retail investors in Europe who want mobile and desktop CFD trading with segregated funds and negative balance protection.
Plus500
Plus500 suits UK and European retail traders who want one account covering stocks, etfs and forex in a single app. The UK arm is authorised by the Financial Conduct Authority, with FSCS up to GBP 85,000 behind UK balances and costs charged per trade rather than as a flat account fee.
Score breakdown
| Area | Mitrade | Plus500 |
|---|---|---|
| Offer | 8.8 | 9.3Higher |
| Trust | 9.9Higher | 9.5 |
Availability and regulation
| Country | Mitrade | Plus500 |
|---|---|---|
| Cyprus | ||
| Australia | Not confirmed | |
| Cayman Islands | Not confirmed | |
| Mauritius | Not confirmed | |
| United Kingdom | Not confirmed | Financial Conduct Authority 509909 |
Side by side, item by item
| Markets | Mitrade | Plus500 |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | No |
| Options | No | Yes |
| Crypto | Yes | Yes |
How they place
| Ranking | Mitrade | Plus500 |
|---|---|---|
| Stock and ETF brokers | 378 of 471 | 57 of 471 |
| Forex brokers | 127 of 147 | 25 of 147 |
| Low-spread forex brokers | 125 of 145 | 23 of 145 |
Every fact side by side
| Fact | Mitrade | Plus500 |
|---|---|---|
| Features | Crypto, Demo account, Mobile appCovers more | Demo account, Mobile app |
| Legal entity | Not confirmed | Plus500UK Ltd |
| Support channels | Not confirmed | Chat, Email, Help centre |
Where each stands against the rest
| Fact | Mitrade | Plus500 | Median |
|---|---|---|---|
| Retail accounts that lose money | Not confirmed | 81%highest quarter | 72.05% |
Median across 47 listed brokers.
Pros and cons
Mitrade
Pros
- Licensed and regulated by CySEC as an EU regulated broker
- Client funds held in segregated accounts with reputable banks
- Negative balance protection limits losses to account balance
Cons
- CFD focused range which does not suit long term physical investors
Plus500
Pros
- Costs are charged per trade, with no account fee listed
- UK protection stands at FSCS up to GBP 85,000
- One account spans stocks, etfs and forex in the same app
Cons
- Losses run high at 81% of retail accounts
- Support runs on chat, email and help centre only, with no phone line
- Retail loss of 81% tops the site median of 70.15%
Who each suits
Mitrade
Who it suits
- Retail investors wanting mobile CFD trading
- Europeans seeking an EU regulated CFD provider
Who should look elsewhere
- Long term investors wanting direct share ownership
Plus500
Who it suits
- UK retail traders wanting one app for several asset classes
- First-time traders who can practise on the demo account
- Traders who prefer one platform over several brokers
Who should look elsewhere
- Long-term investors wanting ISA or SIPP style accounts
- Traders wanting CFDs or futures, absent from stocks, etfs and forex
- Traders who want a phone line rather than chat, email and help centre
Questions about each
Mitrade
What does Mitrade offer to retail investors?+
Mitrade offers CFD trading on global financial markets through its own trading platform. Investors can trade from desktop and through apps for iOS and Android. A demo account allows practice before trading live markets.
Which markets does Mitrade cover?+
Mitrade covers CFDs across forex, gold, oil and indices such as DAX. The range also spans stocks, ETFs and crypto as CFDs. The platform displays buy and sell prices with daily changes and charts to support strategy.
Plus500
What does Plus500 cost to trade?+
Plus500 charges per trade rather than a flat account fee, and no account fee is listed for the brand. Retail loss figures sit high at 81%, so costs per trade matter more than an annual charge.
Is Plus500 regulated in the UK?+
Yes. The UK arm trades as Plus500UK Ltd and is authorised by the Financial Conduct Authority under 509909. A Cyprus entity is separately authorised by the Cyprus Securities and Exchange Commission under 250/14.