Plus500 vs XTB Broker Comparison

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Are you trying to figure out which is a better broker, Plus500 or XTB? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that XTB is the better of the two. XTB offers 1,800+ instruments, licenses from FCA, CySec, IFSC, and fair trading fees.

In the tables below, you can compare the features of Plus500 and XTB side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked XTB higher than Plus500.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
plus500-disclaimer-svgXTB logo
OPEN ACCOUNTReviewReview
RATING90.8/10092.8/100
MIN. DEPOSIT100$-$
REGULATED BYuk europe south africa australiauk europe belize
BONUSNo InformationNo Information
MIN. SPREAD0.71.4
MAX. LEVERAGE1:301:500
CURRENCY PAIRS7149
TRADING INSTRUMENTS2,000+1,800+
TRADING PLATFORMSMobile, PrivateMT4, Mobile, Private
DEPOSIT METHODSBank transfer, Visa, MasterCard, PayPal, TrustlyBank transfer, Visa, Mastercard, E-wallets
TYPE OF BROKERSMarket MakerSTP/ECN
CUSTOMER SUPPORT24/524/5
LANGUAGE SUPPORT3020
ESTABLISHED2008, HQ in Israel2002
USED BY100,000+ Traders140,000+ Traders

Does Plus500 or XTB have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Plus500 and XTB are, we first considered the common fees on Standard Accounts. At Plus500 the average spread for the EUR/USD currency pair is 0.7 pips, whilst at XTB the spread is 1.4.

This shows that Plus500 is the better option for low-cost forex trading.

When it comes to non-trading fees, Plus500 charges for inactivity. XTB charges for inactivity, deposit, withdrawal. With this in mind, Plus500 has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that is the better option.

Trading Fees*

TYPE OF FEEPLUS500XTB
Minimum Spread EURUSD (pips)0.71.4
Commission (%)00
Commission on Islamic Accounts (%)00.01

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEPLUS500XTB
Account FeesNN
Inactivity FeesYY
Deposit FeesNY
Withdrawal FeesNY

Which broker is safer, Plus500 or XTB?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Plus500 is regulated by FCA, CySec, FSCA, ASIC and offers client protection. XTB is regulated by FCA, CySec, IFSC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that XTB is the safer broker.

Broker summary

PLUS500XTB
Minimum Deposit (USD $)100
LicensesFCA, CySec, FSCA, ASICFCA, CySec, IFSC
Max. Leverage1:301:500
Client ProtectionYY
Broker TypeMarket MakerSTP/ECN
Number of Instruments2,000+1,800+
Currency Pairs7149
Stocks10001750
Cryptocurrencies13 (availability subject to regulations)25
CFDsYY
Proprietary Trading PlatformNN
MT 4NY
MT 5NN
Mobile CompatibleYY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, MasterCard, PayPal, TrustlyBank transfer, Visa, Mastercard, E-wallets
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at Plus500 and XTB?

Plus500 provides traders with 2,000+ instruments. This includes 71 currency pairs, 13 (availability subject to regulations) cryptocurrencies, and 1000 stocks and shares. With Plus500, you can also trade CFDs.

In comparison, XTB boasts 1,800+ tradable instruments. XTB offers 49 currency pairs, 25 cryptocurrencies, and 1750 stocks and shares. XTB also allows CFD trading.

As XTB has 1,800+ and Plus500 has 2,000+, a difference of 1999, this shows that XTB offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTPLUS500XTB
Currency Pairs7149
Commodities2517
Precious Metals05
Indices2942
Stocks and Shares10001750
Cryptocurrencies13 (availability subject to regulations)25
Options6000
ETFs11

Which broker offers the best trading platform, Plus500 or XTB?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Plus500 provides you with the ability to trade via 2 trading platforms, and XTB has 3 trading platforms. Both brokers also offer research and trading tools, however XTB has more.

Overall, our experts agree that XTB boasts the better trading platform offering.

Research Tools

TOOLPLUS500XTB
News (from top-tier sources)NY
Trading Signals and IndicatorsYY
Trade IdeasNY
Expert AnalysisNY
Autochartist ToolsNN
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, Plus500 or XTB?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that XTB is the better broker for beginner traders as it offers a larger range of educational tools and materials. XTB also has a minimum deposit of $.

Educational Features

FEATUREPLUS500XTB
Demo AccountYY
Platform Tutorial VideosYY
Educational PDFsNY
Live WebinarsNY
YouTube VideosYY
Trading AcademyNY
Trading GlossaryNN

Which broker is better overall?

Overall, our tested reviewing methodology proves that XTB is the better broker in a range of key areas. You can learn more by reading our Plus500 and XTB reviews.

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