Plus500 vs. Fortrade

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

Plus500

72% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all asset classes (except bonds).
  • Trade CFDs on over 1,500 US and international stocks.
  • Negative balance protection for all clients.
  • Get notifications on market events.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No support for MetaTrader 4, 5 or cTrader.
  • No support for automated trading.
  • No PAAM accounts.
  • Awards
  • Best Platform for Cryptocurrencies, 2020 - ADVFN
  • Best Overall Broker, 2019 - Daytrading.com
  • Best Trading App Award, 2019 - Daytrading.com
Fortrade

71% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all assets classes (except crypto).
  • Broad selection of CFDs on US and European stocks.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Cons
  • Offers only MetaTrader 4 and its in-house trading platform.
  • No CFDs on crypto-currencies.

Markets

Asset classesPlus500 ▷Fortrade ▷
Forex (CFD)
Cryptos (CFD)
Stocks (CFD)
Indices (CFD)
ETFs (CFD)
Metals (CFD)
Energy (CFD)
Commodities (CFD)
Bonds (CFD)NA
Asset classes (#)Plus500 ▷Fortrade ▷
Forex (CFD)7151
Cryptos (CFD)8NA
Stocks (CFD)1,729205
Indices (CFD)3019
ETFs (CFD)953
Metals (CFD)612
Energy (CFD)55
Commodities (CFD)113
Bonds (CFD)NA3

Trading platforms

Trading platformsPlus500 ▷Fortrade ▷
MetaTrader 4NA
MetaTrader 5NA
cTraderNA
CurrenexNA
Copy tradingNA
Mirror tradingNA
Other platformsPlus500Fortrader
Operating systemsPlus500 ▷Fortrade ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsPlus500 ▷Fortrade ▷
Bank transfer
Credit card
Debit card
NETELLERNA
PayPalNA
Skrill
Account base currenciesPlus500 ▷Fortrade ▷
AED - UAE DirhamNA
AUD - Australian DollarNA
CAD - Canadian DollarNA
CHF - Swiss FrancNA
CNY - Chinese YuanNA
EUR - Euro
GBP - British PoundNA
HKD - Hong Kong DollarNA
HUF - Hungarian ForintNA
JPY - Japanese YenNA
KWD - Kuwaiti DinarNA
MYR - Malaysian RinggitNA
NOK - Norwegian KroneNA
NZD - New Zealand DollarNA
PHP - Philippine PesoNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
SAR - Saudi RiyalNA
SGD - Singapore DollarNA
THB - Thai BahtNA
USD - U.S. Dollar
ZAR - South African RandNA

Regulators

Company informationPlus500 ▷Fortrade ▷
Company namePlus500 LtdFortrade Ltd.
Head officeHaifa, IsraelLondon, UK
Incorporation date20082013
RegulatorsPlus500 ▷Fortrade ▷
AustraliaAFSL 417727AFSL No. 493520
BelarusNANBRB FRN 19307581
CanadaNACIPF protection
CySECCySEC No 250/14CIF No. 385/20
New ZealandFSP No. 486026NA
South AfricaFSP No. 47546NA
SingaporeNo. CMS100648-1NA
UKFCA No. 509909FCA No. 609970

Plus500

72% of retail CFD accounts lose money

Fortrade

71% of retail CFD accounts lose money