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 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…
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…
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.
Copy Trading, Professional Trading, Retail Trading
Professional 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
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).
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.