FXTM vs Plus500
Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and Plus500.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Plus500Trust 8.3/10
ASIC
FCA
CySEC
FMA-NZ
CFD specialist with proprietary platform. Listed on London Stock Exchange (PLUS.L). 7 global regulators including FMA-NZ. Best for ease of use, not for advanced trading.
Quick verdict
- Trust: Plus500 has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | FXTM | Plus500 |
|---|---|---|
| Trust score | 8.0 | 8.3 |
| Regulators | FCA, CySEC, FSCA, FSC-Mauritius, CMA | ASIC, FCA, CySEC, FMA-NZ, MAS, FSCA |
| Headquarters | Cyprus | — |
| Founded | 2011 | — |
| Min deposit | $10 | $100 |
| Max leverage | 1:1000 | 1:30 |
| EUR/USD spread | 0.00 pips | 0.80 pips |
| Commission per lot | $4 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal speed | 24h | — |
| Base currencies | USD, EUR, GBP, NGN | — |
FXTM is best for
High-volume traders
Day traders
Copy traders
Plus500 is best for
Beginners
CFD traders
NZ residents wanting FMA-regulated broker