FP Markets vs Plus500 (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets review

Plus500

Trust rank #3 · Editorial rating 10 / 10 · Founded 2008

Plus500 is a regulated forex and CFD broker offering broad access to currency pairs and other markets on a proprietary web and mobile platform. It provides built-in charting, order types, and risk…

Read the Plus500 review

FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. Plus500 (Israel, founded 2008) holds 11 regulatory licences (ASIC, CFTC, CySEC, DFSA, FCA…), 6 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 224 countries; FP Markets is available in 1 countries where Plus500 is not, and Plus500 in 7 where FP Markets is not.

Verdict at a glance

  • FP Markets leads on track record and platform choice.
  • Plus500 leads on editorial rating, trust rank, regulatory coverage, country coverage and tier-1 licences.
  • Level on instrument range and fee level.

Scored on 9 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FP Markets vs Plus500: side-by-side data

CriteriaFP MarketsPlus500
Editorial rating9 / 1010 / 10
Trust rank#23#3
Founded20052008
HeadquartersAustraliaIsrael
RegulatorsASIC, CMA, CySEC, FSCAASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA
Broker typeDMA, ECN, STPMarket Maker
PlatformscTrader, MT4, MT5Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted225 countries231 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

Plus500

  • Multi-jurisdiction regulation and segregated client funds
  • Commission-free FX trading with competitive spreads
  • Negative balance protection and advanced risk tools
  • Intuitive WebTrader and mobile apps
  • Broad FX pair selection

Cons

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US residents

Plus500

  • Market-maker execution (no ECN/STP/DMA)
  • Proprietary platform only (no MetaTrader/cTrader)
  • No algorithmic/API trading support
  • No commission-based raw-spread accounts
  • Inactivity fee after inactivity

Key features

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

Plus500

  • Multi asset CFD trading Forex Indices Commodities Shares ETFs Options and Crypto
  • Proprietary WebTrader platform on web and mobile advanced charting alerts and sentiment
  • Top tier regulation segregated client funds and FTSE 250 listed parent company
  • Risk management Guaranteed Stop Orders Trailing Stops and Negative Balance Protection
  • Commission free spread only pricing with overnight funding and conversion fees
  • Free unlimited demo account and 24 7 multilingual support

Country availability: FP Markets vs Plus500

Available at both (224): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island and 184 more.

Only FP Markets (1): Belgium.

Only Plus500 (7): Afghanistan, Iraq, Liberia, Libya, Somalia, United States of America, Yemen.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FP Markets vs Plus500: common questions

Which broker is more regulated, FP Markets or Plus500?

Plus500 holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus Plus500 (ASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA). Tier-1 licences: FP Markets 1, Plus500 6.

Which trading platforms do FP Markets and Plus500 offer?

FP Markets offers cTrader, MT4, MT5; Plus500 offers Proprietary.

Which has lower fees, FP Markets or Plus500?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FP Markets or Plus500?

FP Markets is the older of the two, founded in 2005; Plus500 was founded in 2008.

Are FP Markets and Plus500 available in the same countries?

They overlap in 224 countries. FP Markets is additionally available in 1 countries (Belgium) and Plus500 in 7 countries (Afghanistan, Iraq, Liberia, Libya, Somalia, United States of America and 1 more).

Keep comparing

FP Markets

Plus500

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.