Advertising Disclosure
XTB vs Plus500
-
Updated:
Compare XTB vs Plus500 Side by Side
Can’t pick between XTB and plus500 and have doubts of which broker is actually better? Use our detailed guide of XTB Review vs Plus500 Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | XTB | Plus500 |
|---|---|---|
| Website | //www.xtb.com | //www.plus500.com |
| Founded year | 2002 | 2008 |
| Headquarter | UK | Israel |
| Licenses | UK, Poland, Belize, Spain | UK, Cyprus, Australia, South Africa, Seychelles, Singapore, New Zealand, Israel, Estonia, UAE |
| Minimum Deposit | US$ 0 | 100 US$ |
| Trading Platforms | MT4, xStation 5 | Plus500 Platform |
| Eurusd avg Spread | 0.8 pips | 0.6 pips |
Licenses
| Feature | XTB | Plus500 |
|---|---|---|
| Licenses Countries Info (short) |
|
|
Plus500 definitely has an obvious advantage when it comes to licensing, as it holds multiple licenses from top-tier regulators in the UK and Australia and a number of other countries, increasing its traders audience and providing services in more regions. While XTB holds UK license and additional in Poland, Spain, and Belize.
Broker Types
| Feature | XTB | Plus500 |
|---|---|---|
| Broker types |
|
|
Plus500 is a Market Maker which is a great opportunity for beginning traders and some strategies due to its stability of a preset fee or spread. While XTB is an STP/NDD Broker is better for price transparency.
Trading Conditions
| Feature | XTB | Plus500 |
|---|---|---|
| Trading Conditions |
|
|
Both XTB vs Plus500 brokers are suitable for beginner traders or professionals with bigger size trading. However, there is a slight advantage to XTB offering a broader variety of conditions including Expert Advisors and social trading
Fees & Commissions
| Fees & Commissions | XTB | Plus500 |
|---|---|---|
| Inactivity Feemonth | $10 | $10 |
| Deposit fee | 0 $ | 0$ |
| Withdrawal fee | 0 $ | 0$ |
| Rollover fee eurusd buy 1 lot | -0.000940% | -0.0128% |
| Rollover fee eurusd sell 1 lot | +0.004617% | 0.003% |
| Avg Eurusd standard acc | 0.8 pips | 0.6 pips |
| Gold | 35 | 29 |
| Brent oil | 4 | 2 pips |
| Bitcoin | 1% | 0.35% |
Both brokers charge inactivity fees of $10 monthly after a certain period of time of inactivity. While both at the same time don’t charge commissions for deposits and withdrawals. Also, Plus500 also has lower fees compared to the ones offered by XTB.
Account Types
| Feature | XTB | Plus500 |
|---|---|---|
| Account types |
|
|
While both XTB vs Plus500 offer Standard accounts, both additionally offer a Swap Free Account, which allows traders to open long-term positions, and an Islamic Account to offer for traders following Sharia laws with suited conditions and applicable laws available.
Markets & Instruments
| Markets & Instruments | XTB | Plus500 |
|---|---|---|
| Forex | 57 | 71 |
| Indices | 42 | 29 |
| Commodities | 1849 | 22 |
| Cryptocurrencies | 25 | 14 |
| Shares | 1849 | 2000+ |
| Bonds | ❌ | ❌ |
| Options | ❌ | ✔️ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 119 | 95 |
Both XTB and Plus500 offer the same set of Trading Instruments, the slight advantage goes to XTB for having a larger offering in Commodities and Indices, while Plus500 offers a larger number of Shares
Trading Platforms
| Feature | XTB | Plus500 |
|---|---|---|
| Platforms |
|
|
While Plus500 offers only a proprietary platform, XTB offers MetaTrader4 which is considered an industry standard and is quite popular among forex traders.
Deposit & Withdrawal Methods
| Feature | XTB | Plus500 |
|---|---|---|
| Payment methods |
|
|
XTB vs Plus500 deposit methods are similar, the range of supported methods are alike. The only small gap is Plus500 withdrawal fee, while XTB has none.
Others
| Feature | XTB | Plus500 |
|---|---|---|
| Others |
|
|
Others
The level of customer support for both XTB vs Plus500 stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Both brokers developed comprehensive educational materials including webinars, learning guides and other supporting sources. There’s a minor disadvantage as we found Plus500 education materials and videos are not super comprehensive and rather medium or basic level.
Conclusion on Plus500 vs XTB
Concluding XTB vs Plus500 comparison we found both brokers reliable and trustable with solid regulation and background. These brokers provide a wide range of trading instruments with good costs. Both brokers provide their own proprietary platforms, low spreads and trading fees, and a wide range of trading instruments. However, the advantage goes to XTB for offering MetaTrader4. Here is our final recommendation:
- XTB – 🥇 Best MT4 STP Broker that guarantees true STP Trading environment and delivers fair dealing conditions.
- Plus500 – 🥇 Best Broker for CFD Trading for a number of top traders and Best Industry Social Trading Broker
