Updated September 29, 2026 · BrokerCue Editorial Team
moomoo vs Plus500
What sets them apart
| Compare |  moomoo |  Plus500 |
|---|---|---|
| Markets | Stocks, ETFs, Options, Crypto | Stocks, ETFs, Forex, Options, CryptoCovers more |
| Regulators | SIPC | Financial Conduct Authority, Cyprus Securities and Exchange Commission |
| Investor protection | SIPC up to USD 500,000 | FSCS up to GBP 85,000 |
| Platforms | Moomoo app, Moomoo Desktop | Plus500 WebTrader, Plus500 Mobile App |
| Stock trade fee | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Retail accounts that lose money | Not confirmed | 81% |
| Options contract fee | $0 | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Plus500 scores higher overall: 9.4 vs 9.1.
- Regulators: only moomoo offers SIPC.
- Regulators: only Plus500 offers Financial Conduct Authority, Cyprus Securities and Exchange Commission.
- Plus500 is licensed in 1 more country.
- Markets: only Plus500 offers Forex.
- Platforms: only moomoo offers Moomoo app, Moomoo Desktop.
- Platforms: only Plus500 offers Plus500 WebTrader, Plus500 Mobile App.
- Support channels: only moomoo offers Phone.
- Support channels: only Plus500 offers Chat.
- Features: only moomoo offers Crypto, Fractional shares, Options.
Our verdict on each
moomoo
moomoo suits retail investors who want to trade stocks, ETFs, options and crypto without paying a commission on each trade, and who are comfortable holding a US SIPC member account. Its BrokerCue score is 7.5, and the appeal rests on cost rather than on the size of the market list.
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 | moomoo | Plus500 |
|---|---|---|
| Cost | 9.5Every listed charge sits at $0 for stocks, $0 for options and $0 for the account. | Not confirmed |
| Offer | 9.1 | 9.3Higher |
| Trust | 8.6 | 9.5Higher |
How they place
| Ranking | moomoo | Plus500 |
|---|---|---|
| Stock and ETF brokers | 17 of 471 | 57 of 471 |
| Options trading platforms | 3 of 103 | 15 of 103 |
Sources behind this comparison
moomoo
- moomoo.com: 8 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
Plus500
- 500affiliates.com: 4 facts, checked September 26, 2026
- plus500.com: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | moomoo | Plus500 |
|---|---|---|
| Features | Crypto, Demo account, Fractional shares, Options, Mobile appCovers more | Demo account, Mobile app |
| Pricing model | Commission free | Not confirmed |
| Legal entity | MOOMOO FINANCIAL INC | Plus500UK Ltd |
| Support channels | Email, Phone, Help centre | Chat, Email, Help centre |
Where each stands against the rest
| Fact | moomoo | Plus500 | Median |
|---|---|---|---|
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Retail accounts that lose money | Not confirmed | 81%highest quarter | 72.05% |
| Options contract fee | $0lowest quarter | Not confirmed | $0.625 |
Median across 91 listed brokers.
Pros and cons
moomoo
Pros
- A stock trade costs $0 and an options contract costs $0, and the pricing model is commission-free.
- The account fee is $0, so an account left open costs nothing to hold.
- crypto, demo account and fractional shares covers fractional shares, a demo account, options, crypto and a mobile app, which suits smaller sums and practice trades.
Cons
- The market list is narrower than eToro's, which covers stocks, etfs and forex, while moomoo's own list is stocks, etfs and options.
- Support runs on email, phone and help centre only, so there is no live chat listed for questions raised during a trading session.
- Protection rests on a single scheme, SIPC up to USD 500,000, and SIPC names a single body, so there is no second cover behind it.
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
moomoo
Who it suits
- Investors who want shares, ETFs, options and crypto on one commission-free account, since stocks, etfs and options covers all four.
- Smaller-sum investors who want fractional shares and a demo account, both named in crypto, demo account and fractional shares.
- Readers comfortable with a US SIPC member arrangement, given SIPC up to USD 500,000 and SIPC member 69739.
Who should look elsewhere
- Anyone who wants forex, contracts for difference, metals or futures in the same account: eToro covers stocks, etfs and forex.
- Readers who want metals alongside shares, ETFs and crypto: Vantage covers forex, cfds and stocks, while moomoo's list is stocks, etfs and options.
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
Current offers
moomoo
Current offer
Bonus
Welcome Bonus
Source, checked September 26, 2026
Questions about each
moomoo
What does moomoo charge to trade stocks and options?+
On the commission-free account, the stock trade fee is $0 and the options contract fee is $0. The account fee is $0, so nothing is charged to keep the account open. Those figures are the whole cost side of the offer, and they apply to the same account rather than to a paid tier.
What does a commission-free account mean for the cost of a trade?+
The pricing model is commission-free, so a stock trade is charged at $0 rather than a percentage of the order, and an options contract at $0. Removing commission does not change the price at which an order is filled, so the buy and sell prices still matter as much as the fee line.
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.