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

Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.

Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

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

tastytrade

Trust rank #22 · Editorial rating 9.1 / 10 · Founded 2017

tastytrade provides forex trading through its tastyfx platform, offering access to a wide range of currency pairs on an intuitive interface with built-in tools and education. It delivers a focused, platform-driven forex…

Read the tastytrade review

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. tastytrade (United States, founded 2017) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our medium-fee bracket. The two overlap in 55 countries; Plus500 is available in 176 countries where tastytrade is not, and tastytrade in 1 where Plus500 is not.

Verdict at a glance

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

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.

Plus500 vs tastytrade: side-by-side data

CriteriaPlus500tastytrade
Editorial rating10 / 109.1 / 10
Trust rank#3#22
Founded20082017
HeadquartersIsraelUnited States
RegulatorsASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFACFTC, NFA
Broker typeMarket MakerMarket Maker
PlatformsProprietaryProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsForex
Countries accepted231 countries56 countries
Fee levelLowMedium
Trading typesCFD Trading, Spot TradingSpot Trading
Best-for use casesProfessional Trading, Retail TradingRetail 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

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

tastytrade

  • NFA/CFTC-regulated US forex trading
  • Competitive, spread-only pricing
  • Fast execution on robust web and mobile platforms
  • Broad selection of major, minor, and exotic pairs
  • Rich trader education and market content

Cons

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

tastytrade

  • No spot forex (futures-only FX)
  • Limited FX pairs vs spot brokers
  • No MetaTrader/cTrader (proprietary platform only)
  • Higher costs per trade (exchange/clearing/NFA fees)
  • Fixed contract sizes; no micro-lot position sizing

Key features

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

tastytrade

  • CFTC and NFA regulated RFED via IG US LLC
  • Spot forex only no CFDs
  • US compliant leverage 50 to 1 majors 20 to 1 minors
  • Proprietary tastyfx platforms with advanced charting
  • Two factor authentication for account access
  • Spread only pricing with variable spreads

Country availability: Plus500 vs tastytrade

Available at both (55): Andorra, Argentina, Austria, Bahrain, Brazil, Chile, Colombia, Czechia, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, French Polynesia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Romania and 15 more.

Only Plus500 (176): Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brunei, Bulgaria, Burkina Faso and 151 more.

Only tastytrade (1): Belgium.

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

Plus500 vs tastytrade: common questions

Which broker is more regulated, Plus500 or tastytrade?

Plus500 holds more regulatory licences: Plus500 (ASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA) versus tastytrade (CFTC, NFA). Tier-1 licences: Plus500 6, tastytrade 2.

Which trading platforms do Plus500 and tastytrade offer?

Plus500 offers Proprietary; tastytrade offers Proprietary.

Which has lower fees, Plus500 or tastytrade?

Plus500 is in the lower fee bracket (low vs medium) in our catalogue.

Which is older, Plus500 or tastytrade?

Plus500 is the older of the two, founded in 2008; tastytrade was founded in 2017.

Are Plus500 and tastytrade available in the same countries?

They overlap in 55 countries. Plus500 is additionally available in 176 countries (Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla and 170 more) and tastytrade in 1 countries (Belgium).

Keep comparing

Plus500

tastytrade

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.