FXOpen
Plus500
FXOpen vs Plus500
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXOpen and Plus500 are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXOpen, founded in 2005 and headquartered in Christchurch, New Zealand, is regulated by FCA, ASIC, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $1. Plus500, established in 2008 in Haifa, Israel, holds licenses from FCA, CySEC, ASIC, MAS with spreads from 0.8 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, FXOpen scored 7.8/10 overall compared to Plus500's 7.8/10, making it the stronger pick for most traders. That said, Plus500 holds its own with smoother deposits & withdrawals and wider product range, so your ideal broker depends on what you prioritize in a trading partner.
Trust stack
Trust stack for this head-to-head
This comparison uses the same review dataset, methodology, disclosure, and corrections standards as the rest of TBR money pages. Head-to-head verdicts still need an entity-level regulation check before signup.
Risk layer
Risk & regulation snapshot for FXOpen
Regulation
Third-partyFCA, ASIC, CySEC · brand-level entity model
Leverage / exposure
Broker-stated1:500 (high-risk if you size trades badly)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyFCA, ASIC, CySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partyFXOpen shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedA 1:500 ceiling is aggressive retail leverage. Small mistakes can snowball fast even if the broker itself is regulated.
Safer alternative lens
If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.
Risk layer
Risk & regulation snapshot for Plus500
Regulation
Third-partyFCA, CySEC, ASIC, MAS · brand-level entity model
Leverage / exposure
Broker-stated1:300 (moderate-to-high retail risk)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyFCA, CySEC, ASIC, MAS gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partyPlus500 shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedA 1:300 ceiling still creates meaningful downside if position sizing is sloppy. Regulation does not remove market risk.
Evidence labels
How to read the evidence in FXOpen vs Plus500
Comparison pages mix our own review work with broker-published facts and outside records. The labels make that visible instead of flattening everything into one fake confidence level.
Overall verdict and score differences
VerifiedThese come from our review methodology and the underlying hands-on review dataset used for scoring.
Spreads, minimum deposits, leverage, and platform lists
Broker-statedThese are usually published broker facts unless a review explicitly documents a direct test.
Regulation and entity background
Third-partyThose checks rely on regulator registers and other external records, not just broker marketing copy.
Cells the source reviews do not support cleanly
UnknownIf the underlying evidence is thin or conflicted, the safe answer is to keep the gap visible.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Key Differences at a Glance
- 📊
FXOpen scores 7.8/10 overall vs 7.8/10 for Plus500 — a 0.0-point difference.
- 💵
FXOpen requires just $1 to start, while Plus500 needs $100 — FXOpen is 100x more accessible.
- 📈
Plus500 offers 2,800+ instruments vs 600+ at FXOpen — a massive gap in market coverage.
- 🖥️
FXOpen runs on MT4, MT5, TickTrader, while Plus500 uses Plus500 WebTrader, Plus500 App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: FXOpen scores 8.5 vs 7.5 for Plus500 — a 1.0-point difference.
Our Verdict
FXOpen
Score: 7.8/10 · Wins 4 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
Plus500
Score: 7.8/10 · Wins 2 categories- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
FXOpen takes the lead with an overall score of 7.8/10 compared to 7.8/10, winning in 4 out of 8 scoring categories. FXOpen stands out for lower trading costs and better trading platforms, while Plus500 fights back with smoother deposits & withdrawals and wider product range.
Broker recommendation block
If you only shortlist two names after this comparison, make it FXOpen first and Plus500 second
FXOpen is the stronger default pick on the numbers here, but Plus500 still makes sense if its edge lines up with how you actually trade.
FXOpen
🟢 Tier 1 RegulatedFCA · ASIC · CySEC
FXOpen wins this matchup on overall score, especially for lower trading costs and better trading platforms.
Overall score
7.8/10
Minimum deposit
$1
Plus500
🟢 Tier 1 RegulatedFCA · CySEC · ASIC
Plus500 is still worth a second tab open if you care more about smoother deposits & withdrawals and wider product range.
Overall score
7.8/10
Minimum deposit
$100
Detailed Verdict
After testing both brokers with real accounts, FXOpen comes out ahead with a 7.8/10 overall rating, winning 4 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXOpen holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Plus500 is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 2 categories. Traders who value smoother deposits & withdrawals or wider product range may find Plus500 the better fit. For a complete breakdown, read our full FXOpen review and Plus500 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FXOpen wins by 1.0 points
FXOpen wins by 1.0 points
FXOpen wins by 1.0 points
FXOpen wins by 0.5 points
Plus500 wins by 1.0 points
Plus500 wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.8/10 ✓ | 7.8/10 ✓ |
| Min Deposit Lower is better | $1 ✓ | $100 |
| Max Leverage | 1:500 | 1:300 |
| Spreads From | 0.0 pips | 0.8 pips |
| Platforms | MT4, MT5, TickTrader | Plus500 WebTrader, Plus500 App |
| Regulation | FCA, ASIC, CySEC | FCA, CySEC, ASIC, MAS |
| Founded Older track record highlighted | 2005 ✓ | 2008 |
| Markets | 600+ | 2,800+ ✓ |
Fees & Costs
When it comes to trading costs, FXOpen has the edge with a score of 8.5/10 versus 7.5/10 for Plus500. FXOpen offers spreads starting from 0.0 pips, while Plus500 starts from 0.8 pips. The minimum deposit at FXOpen is $1, compared to $100 at Plus500. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FXOpen scores 8/10 for platforms compared to 7/10 for Plus500. FXOpen provides MT4, MT5, TickTrader, while Plus500 offers Plus500 WebTrader, Plus500 App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FXOpen is regulated by FCA, ASIC, CySEC (Tier 1), while Plus500 holds licenses from FCA, CySEC, ASIC, MAS (Tier 1). FXOpen scores 9/10 and Plus500 scores 9/10 in this category. FXOpen shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Plus500 shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, but you should still verify the specific entity covering your jurisdiction before opening an account.
Education & Research
For learning resources, FXOpen leads with 6.5/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FXOpen and Plus500 both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FXOpen offers 24/5 Live Chat, Email and scores 7/10, while Plus500 provides 24/7 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FXOpen scores 7.5/10 for deposits and withdrawals, while Plus500 scores 8.5/10. FXOpen accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Plus500 supports Bank Transfer, Credit Card, PayPal, Skrill. Processing times, fees, and available currencies vary. FXOpen requires a minimum deposit of $1 versus $100 for Plus500. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXOpen if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
Choose Plus500 if you...
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer Plus500's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Routing after FXOpen vs Plus500
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Escalate to shortlist mode
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Regulator pages are the clean next step when the decision hinges on licensing strength.
Keep the compare graph alive
If neither broker is a fit, route into adjacent comparisons instead of dead-ending here.
Frequently Asked Questions
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