Updated September 29, 2026 · BrokerCue Editorial Team
Plus500 vs S Broker
Plus500 vs S Broker: the differences
| Compare |  Plus500 |  S Broker |
|---|---|---|
| Markets | Stocks, ETFs, Forex, Options, Crypto | Stocks, ETFs, Funds, Bonds, Options |
| Regulators | Financial Conduct Authority, Cyprus Securities and Exchange Commission | Bundesanstalt fuer Finanzdienstleistungsaufsicht, European Central Bank |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Platforms | Plus500 WebTrader, Plus500 Mobile App | Mobile App, Desktop, Profi Software |
| Stock trade fee | Not confirmed | €0.95 |
| Account fee | Not confirmed | €0 |
| Retail accounts that lose money | 81% | Not confirmed |
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Key differences
- Plus500 scores higher overall: 9.4 vs 9.3.
- Regulators: only Plus500 offers Financial Conduct Authority, Cyprus Securities and Exchange Commission.
- Regulators: only S Broker offers Bundesanstalt fuer Finanzdienstleistungsaufsicht, European Central Bank.
- Plus500 is licensed in 1 more country.
- Markets: only Plus500 offers Forex, Crypto.
- Markets: only S Broker offers Funds, Bonds.
- Platforms: only Plus500 offers Plus500 WebTrader, Plus500 Mobile App.
- Platforms: only S Broker offers Mobile App, Desktop, Profi Software.
- Support channels: only Plus500 offers Chat.
- Support channels: only S Broker offers Phone.
Our verdict on each
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.
S Broker
S Broker keeps the running costs of a German brokerage account down, with an account fee of €0 and a stock trade fee of €0.95, and it is supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht. It suits investors who want a single account for stocks, funds, bonds and options in a regulated German firm.
Score breakdown
| Area | Plus500 | S Broker |
|---|---|---|
| Cost | Not confirmed | 8.9Account fee of €0 ranks 1 of 138 on the site; stock trades at €0.95 sit above the site median. |
| Offer | 9.3 | 9.4Higher |
| Trust | 9.5 | 9.5 |
Availability and regulation
| Country | Plus500 | S Broker |
|---|---|---|
| Cyprus | Not confirmed | |
| Germany | Not confirmed | |
| United Kingdom | Financial Conduct Authority 509909 | Not confirmed |
What each covers
| Markets | Plus500 | S Broker |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | Yes | Yes |
| Crypto | Yes | No |
| Bonds | No | Yes |
| Funds | No | Yes |
Where they rank in our lists
| Ranking | Plus500 | S Broker |
|---|---|---|
| Stock and ETF brokers | 48 of 490 | 15 of 490 |
| Options trading platforms | 14 of 103 | 2 of 103 |
Sources behind this comparison
Plus500
- 500affiliates.com: 4 facts, checked September 26, 2026
- plus500.com: 4 facts, checked September 26, 2026
S Broker
- sbroker.de: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | Plus500 | S Broker |
|---|---|---|
| Features | Demo account, Mobile app | Mobile app, Demo account |
| Legal entity | Plus500UK Ltd | S Broker AG & Co. KG |
| Headquarters | Not confirmed | Germany |
| Support channels | Chat, Email, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Plus500 | S Broker | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €0.95below the median | €1 |
| Account fee | Not confirmed | €0at the median | €0 |
| Retail accounts that lose money | 81%highest quarter | Not confirmed | 70.375% |
Median across 38 listed brokers.
Pros and cons
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%
S Broker
Pros
- An account fee of €0 and stock trades at €0.95 keep the running cost of the account low.
- Regulated in Germany by the Bundesanstalt fuer Finanzdienstleistungsaufsicht and the European Central Bank, with deposits covered by the EU investor compensation scheme.
- A single account covers stocks, etfs and funds.
Cons
- Stock trades cost €0.95 each, which adds up for anyone dealing often.
- The market list is stocks, etfs and funds, so forex, CFDs and crypto traders have to look elsewhere.
- Support runs on email, phone and help centre, with no live chat listed.
Who each suits
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
S Broker
Who it suits
- Investors who want stocks, ETFs, funds and bonds in a single account with an account fee of €0.
- German residents who want a supervised German firm and phone support as well as email.
- Options traders who also hold stocks, funds or bonds and want a single account for all of it.
Who should look elsewhere
- eToro, if a stock trade fee of $0 matters more than a German account with funds and bonds on the platform.
- CFI, if forex, CFDs and crypto matter, since its markets of stocks, etfs and forex reach well past stocks, etfs and funds.
- Anyone who wants live chat support, since support runs on email, phone and help centre only.
Country by country
| Country | Plus500 | S Broker |
|---|---|---|
| Germany | No | Yes |
Questions about each
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.
S Broker
What does S Broker charge for a stock trade and for the account?+
Stock trades cost €0.95 and the account fee is €0, so holding the account costs nothing. Across the site the median stock trade fee is €0, which leaves S Broker a little dearer than the cheapest stock platforms but with no account charge to set against it.
Who regulates S Broker and what happens to the money in the account?+
The legal entity is S Broker AG & Co. KG, supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht and the European Central Bank. Deposits sit under the EU investor compensation scheme, so a firm failure is covered within that scheme's stated limits rather than by the broker itself.