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FP Markets
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Plus500

FP Markets vs Plus500: which broker is better in 2026?

We compare FP Markets and Plus500 — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.

Side-by-side comparison

CriteriaFP MarketsPlus500
Overall score 3.8 3.8
Regulation & safety 3.5 4.0
Fees & deposit 4.0 3.5
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score74/10076/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, IRESSProprietary web platform, iOS/Android mobile app
Fee modelRaw spread + commission (Raw) or Standard; competitiveSpread model (no separate commission) — exact spreads not yet verified in detail

Pros & cons

FP Markets
  • ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
  • Competitive raw spreads
  • Operating since 2005
  • The global entity (St. Vincent) is less strict than ASIC/CySEC
  • Mid-size brand, not a tier-1 giant
  • Leverage is high-risk
Plus500
  • Public company (LSE FTSE 250) with layered regulation (FCA UK, MAS Singapore)
  • Simple, beginner-friendly proprietary platform, no separate commission (spread model)
  • Broad instrument coverage: share/forex/commodity/index CFDs + futures & share dealing
  • Historical note: £205,128 FCA fine (2012) for inaccurate transaction reporting + a past dispute with the Belgian regulator (FSMA)
  • Own platform only — no MT4/MT5/cTrader for advanced traders
  • Leveraged CFD model is high-risk (most retail accounts lose money — standard industry warning)

Regulation at a glance

FP Markets

Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).

Plus500

Listed on the London Stock Exchange (FTSE 250). The UK entity (Plus500UK Ltd) is supervised by the FCA; the Singapore entity (Plus500SG) holds a Capital Markets Services license from MAS. Check which entity serves your country — regulation differs per entity.