ForexMart Vs Plus500

Compare ForexMart Vs Plus500 Side by Side

So you are looking for a broker, ForexMart or Plus500 who should you choose?

When trading on financial markets you will want to know all about who ForexMart or Plus500 are, and how they compare. You will naturally want to know how long ForexMart and Plus500 have been in business and what reputation ForexMart and Plus500 have. On top of this, you will need to discover if ForexMart and Plus500 match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how ForexMart and Plus500 compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of ForexMart and Plus500 side by side.

You are eager to start trading so let us help you make a more informed descision.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on ForexMart and Plus500. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the ForexMart platform or Plus500, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.

ForexMart

★★★☆☆ (3/5)

Benefits of ForexMart?

• Established in 2015
• ForexMart have been in business for 8 years.
• Head quarters in Cyprus.
• Live Chat
• ForexMart Min deposit $1

forexmart sign up here

Your capital is at risk

Reputation	Support
Good	Good

ForexMart Regulation

ForexMart is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

RU

ForexMart Fees

Deposit fee		Yes
Commission		Yes
Inactivity fee		No
Withdrawal fee		5
Min trade		$ 1
Max trade		varies
Min deposit		$1

View all spreads
& fees here

Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin
Payment processing time
Varies
Withdrawal processing time
Varies

See all ForexMart
funding options here

Your capital is at risk

ForexMart Features

	Apple application available
	Android application available
	Windows application available
	Can Set Price alerts
	Variable spreads (Forex)
	Scalping trading
	Hedge trading
	Stop loss orders
	Limit orders
	One click trading available
	Trailing stops available
	Expert advisors (Metatrader)
	Virtual private server (VPS)
	Direct market access (DMA)
	ECN broker (Forex ECNs)
	STP broker (STP)
	Market maker
	Trading Signals

ForexMart Platforms

MT4,WEB,desktop

ForexMart Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See ForexMart
features here

Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies

See ForexMart
instruments here

Your capital is at risk

ForexMart Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the ForexMart website. Our records were last updated on March 26, 2023.

Visit ForexMart today

Your capital is at risk

Plus500

★★★★☆ (4/5)

Benefits of Plus500?

• Established in 2008
• Plus500 have been in business for 15 years.
• Head quarters in Israel.
• Live Chat
• Only provides CFDs
• Plus500 Min deposit $100

Plus500 sign up here

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Reputation	Support
Good	Great

Plus500 Regulation

Plus500 is regulated by the Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651).

Excluded Countries

MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO

Plus500 Fees

Deposit fee		No
Commission		No
Inactivity fee		Yes
Withdrawal fee		No
Min trade		Varies
Max trade		Varies
Min deposit		$100

View all spreads
& fees here

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin
Payment processing time
Varies
Withdrawal processing time
Varies

See all Plus500
funding options here

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Plus500 Features

	Apple application available
	Android application available
	Windows application available
	Can Set Price alerts
	Variable spreads (Forex)
	Scalping trading
	Hedge trading
	Stop loss orders
	Limit orders
	One click trading available
	Trailing stops available
	Expert advisors (Metatrader)
	Virtual private server (VPS)
	Direct market access (DMA)
	ECN broker (Forex ECNs)
	STP broker (STP)
	Market maker
	Trading Signals

Plus500 Platforms

Web Trader, Tablet & Mobile apps

Plus500 Languages

English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese

See Plus500
features here

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Financial Markets

Forex (Currency) CFDs
Majors CFDs
Indices CFDs
Penny stocks CFDs
Dow Jones CFDs
FTSE CFDs
Dax CFDs
Nikkei CFDs
IPO
ETFs CFDs
Bitcoin CFD
Metals CFDs
Agriculturals CFDs
Energies CFDs

See Plus500
instruments here

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Plus500 Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Plus500 website. Our records were last updated on March 26, 2023.

Visit Plus500 today

84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

popular

IC Markets

★★★★☆ (4/5)

Benefits of IC Markets?

• Established in 2007
• IC Markets have been in business for 16 years.
• Head quarters in Australia.
• Live Chat
• Segregates clients funds
• IC Markets Min deposit $200

IC Markets sign up here

Losses can exceed deposits

Reputation	Support
Good	Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee		Varies
Commission		Yes
Inactivity fee		No
Withdrawal fee		No
Min trade		0.01 Lot
Max trade		None
Min deposit		$200

View all spreads
& fees here

Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin
Payment processing time
Varies
Withdrawal processing time
Varies

See all IC Markets
funding options here

Losses can exceed deposits

IC Markets Features

	Apple application available
	Android application available
	Windows application available
	Can Set Price alerts
	Variable spreads (Forex)
	Scalping trading
	Hedge trading
	Stop loss orders
	Limit orders
	One click trading available
	Trailing stops available
	Expert advisors (Metatrader)
	Virtual private server (VPS)
	Direct market access (DMA)
	ECN broker (Forex ECNs)
	STP broker (STP)
	Market maker
	Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here

Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies

See IC Markets
instruments here

Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on March 26, 2023.

Visit IC Markets today

Losses can exceed deposits

ForexMart and Plus500 in Detail

The ForexMart online trading platform gives traders from all over the world access to over 111 financial instruments including over 2,800 available instruments. There are over 10,000+ registered customers that have taken advantage of the ForexMart platform.

ForexMart are regulated by Cyprus Securities and Exchange Commission (CySEC).

Plus500 is a renowned Israel financial trading brokerage established in 2008.

Plus500 serves customers globally and are regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651). Depending on the country you are trading from ForexMart may serve you from a different business entity to comply with its financial regulators.

Plus500 is listed as a publically traded company on a major stock market. As part of their regulatory requirements Plus500 has to disclose a yearly report publically. Because of this extra level of auditing and regulation Plus500 can be considered trustworthy. ForexMart is listed as a publically traded company so are a reputable broker.

Plus500 is a popular well known CFD trading platform having over 24,000,000+ million registered customers.

Benefits of ForexMart and Plus500 Compared

Below we will give you a brief summary of the benefits ForexMart and Plus500 offer side by side.

ForexMart offers a minimum deposit of 1 while Plus500 have a 100 minimum deposit.

Why small deposits before trading are good and how ForexMart and Plus500 compare

The first obvious reason is that you should only deposit what you can afford with ForexMart or Plus500. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. ForexMart has a min deposit of 1, while Plus500 has a min deposit of 100. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit offered by either ForexMart or Plus500 totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

ForexMart allows traders to trade up to 111 financial instruments while Plus500 have around 2,800 on their trading platform.

The more instruments available on ForexMart and Plus500 trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of ForexMart or Plus500.

The ForexMart trading platform has 53 stocks listed while Plus500 has 1,600 stocks listed.

ForexMart allows retail traders to trade the following assets Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading on the ForexMart MT4,WEB,desktop trading platforms.

Alternatively Plus500 allows retail traders to trade CFDs on the Plus500 Web Trader, Tablet & Mobile apps trading platforms.

Compare ForexMart and Plus500 in more detail below.

Drawbacks of ForexMart and Plus500 Compared

Below we compare what drawbacks ForexMart and Plus500 have side by side.

There are many potential drawbacks with some brokers. The first one is the potential limitations ForexMart and Plus500 have. Generally speaking, the more things, you can invest in the better. The second thing is the trading fees and commissions you are paying with ForexMart vs Plus500. The higher the trading fees you pay will have more of an impact on any potential profits. Other important factors are the trading research tools, educational resources and the general usability of ForexMart vs Plus500.

Broker	forexmart	Plus500	IC Markets
Inactivity Fees	No	Yes	No
Withdrawl Fees	5	No	No
Withdrawal Processing Time	Varies	Varies	Varies
Min Deposit	1	100	200
Social Trading	Yes	No	Yes
Excluded Countries	RU	MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO	US, IR, CA, NZ, JP

ForexMart Vs Plus500 Available Financial Markets

Variety is the spice of life and that certainly applies to financial markets. A diverse investment portfolio is always recommended. If your investment portfolio is diverse, it helps to protect your investments overall from huge downswings that can occur in one potential market. For example, when an aeroplane stock goes up, other aeroplane stocks usually follow suit. This of course is the positive side of putting all your eggs in one basket.

When the opposite happens this could spell disaster! The best portfolios cover for potential danger and involve businesses and stocks from all walks of life. Having more tradeable assets, commodities and assets available to you on the ForexMart and Plus500 platforms will help you build a more diverse investment portfolio.

*Plus500 offers CFDs only, all the instruments are available for trading only through CFDs.

Broker	forexmart	Plus500	IC Markets
Instruments Available	111	2800	2250
Offers share dealing	Yes	Yes (through Plus500 Invest)	Yes
Number of Shares	53	1,600 as CFDs	2,100
Offers US Stocks	No	Yes as CFDs	Yes
Offers UK Stocks	Yes	Yes as CFDs	Yes
Offers German Stocks	No	Yes as CFDs	Yes
Offers Japanese Stocks	No	Yes as CFDs	Yes
Offers Indices Trading	Yes	Yes as CFDs	Yes
Number of Commodities	0	17 as CFDs	20
Offers Metals Commodities	Yes	Yes as CFDs	Yes
Offers Energy Commodities	Yes	Yes as CFDs	Yes
Offers Agricultural Commodities	Yes	Yes as CFDs	Yes
Offers Forex Trading	Yes	Yes as CFDs	Yes
Number of Forex Pairs	100	65 as CFDs	61
Offers Major Forex Pairs	Yes	Yes as CFDs	Yes
Offers Minor Forex Pairs	No	Yes as CFDs	Yes
Offers Exotic Forex Pairs	No	Yes as CFDs	Yes
Offers CFD Trading	Yes	Yes as CFDs	Yes
Offers Social Trading	Yes	No	Yes

ForexMart Vs Plus500 Cryptocurrency Trading

Crypto currencies have been booming since the invention of Bitcoin and with good reason. Cryptocurrencies have turned double digit investments into millions. Extreme examples of course but this can be rarely said of any stock that exists.

Bitcoin is by far the most famous example of cryptocurrency but there are thousands of altcoins that are on the market that have the potential to rise in a similar fashion. Like stock markets, if Bitcoin rises, then altcoins follow suit.

Cryptocurrency can easily be labelled as a higher risk investment. This is because cryptocurrencies fluctuate often with extreme highs and extreme lows. If cryptocurrencies represent a fraction of your portfolio or you want to invest a small fraction of your trading budget to see what happens it could potentially be one of your most exciting trades ever depending on how the markets are. Please note that cryptocurrency availability with ForexMart, Plus500 and all brokers is subject to regulation.

We compare ForexMart vs Plus500 Crypto options below side by side.

Broker	forexmart	Plus500	IC Markets
Allows Cryptocurrency Trading (availability subject to regulation)	Yes	Yes through CFDs only.	Yes
Cryptocurrencies Offered	BTC, BCH, ETH, LTC, XRP	BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR	BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

ForexMart Vs Plus500 Commission and Fees

knowing your trading and commission fees with ForexMart vs Plus500 is extremely important. For the majority of the ForexMart 111 financial instruments and Plus500 2,800 available financial instruments.

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with both ForexMart and Plus500. The bigger the fee, the bigger the issue this is. Most alarmingly though some financial assets occur a charge for you to hold on to the asset overnight or over the weekend. This is usually true with commodities and stocks that you are using leverage on. Please check what your fees are with ForexMart and Plus500 before you invest because it is crucial that you know exactly what you are paying.

You ideally want to choose a broker that does not charge to much for withdrawal fees. This is simply because this will eat into your profits. This is especially true if you have a low budget and do not intend to invest so much. You want the withdrawal fee to be less than one percent of what you are withdrawing but more ideally $5 to $10.

Please note that Plus500 traders can make up to five withdrawals per month of money for free - with no Plus500 charges at all. If you decide to make more Plus500 withdrawals on the Plus500 trading platform than that, then they will need to pay $10 each.

Your location or residence will have an impact on your potential ForexMart and Plus500 fees of course. Make sure you do your research and check the commission and fees with both ForexMart and Plus500 before you invest anything.

Some brokers will charge inactivity fees. As the name suggests this occurs when you have been inactive on your account for a certain period. Also with ForexMart or Plus500 be aware of or 3rd party payment provider fees and currency conversion fees.

ForexMart does not charge inactivity fees, while Plus500 does charge inactivity fees.

You should receive plenty of notifications warning you about any potential deadlines and you can make a decision to act accordingly, continuing to use your account or closing it. Usually the fees are very small so there is no need to be alarmed especially when the problem is easily avoided.

When you deposit money to a broker like ForexMart or Plus500 you might need to pay deposit fees. The lower the better. Most preferably of course you would have to pay nothing for this. If this is the case it can be a big problem. Constant deposits will eat into your profit so this will take some considering before you sign up.

Let’s see how ForexMart vs Plus500 compare side by side for commissions and fees.

Broker	forexmart	Plus500	IC Markets
Min Deposit	1	100	200
Inactivity Fees	No	Yes	No
Withdrawal Fees	5	No	No
Deposit Fees	Yes	No	Varies

ForexMart Vs Plus500 Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. Having the ability to trade with the click of a button is essential and allows you to make trading decisions on the ForexMart and Plus500 platforms when it is convenient to you. Without this, you will not have the opportunity to take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer there own bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You will need to test this out yourself with an ForexMart or Plus500 demo account.

Broker	forexmart	Plus500	IC Markets
Offers MT4	Yes	No	Yes
Offers MT5	No	No	Yes
Offers cTrader	No	No	Yes

ForexMart Vs Plus500 Mobile Trading

Being able to trade on your mobile can be very useful. Why is this? Well, the stock market sees market movement every second, if you are not near your desktop computer you will probably be near and have access to your phone. This way you will be able to take advantage of all the opportunities that present themselves. For example, a stock might move to an all-time low when you are out. In this instance you would have missed out on some profit.

If you have an iPhone you will need an IOS Apple mobile trading app. Thankfully these are very common and if a broker has an application, they are almost always available on an iPhone.

Similarly if your phone requires an android app it is good to check if the broker offers an app that supports Android devices.

If you use Microsoft Windows tablets or phones you will also need to check if the ForexMart and Plus500 have trading apps that are compatible.

Broker	forexmart	Plus500	IC Markets
Web Platform	Yes	Yes	Yes
IOS Trading App		Yes	Yes
Android Trading App		Yes	Yes
Microsoft Trading App		No	Yes

ForexMart Vs Plus500 Trading Account Types Offered

ForexMart Vs Plus500 Demo Account

A demo account is an extremely useful account for people with no trading experience. This way you are risking none of your money and testing out your trading skills in a safe environment. For people who have next to no knowledge of trading, we recommend signing up with an ForexMart and Plus500 demo account fully.

ForexMart Vs Plus500 Micro Account

A micro account allows traders to place money on the Forex market. This is best for people who like to make risk averse trades and focuses mostly on foreign exchange currency. This is usually used by beginners.

ForexMart and Plus500 do not offer Micro accounts.

ForexMart Vs Plus500 Standard Account

A standard account is available to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users will have to trade with at least $100. This is the account the majority of people will seek to use.

Both ForexMart and Plus500 do offer clients Standard accounts.

ForexMart Vs Plus500 MAM Account

What is a MAM account? MAM stands for a Multi-Account Manager Account. This is very useful for serious traders who want to use one account to place all of their trades. It is a sophisticated software tool that allows a single trader to execute block trades on all accounts operating under a master account.

ForexMart and Plus500 do not offer clients MAM accounts.

ForexMart Vs Plus500 ECN Account

An ECN account stands for Electronic Communications Network. This is an account for pure order-matching execution. This is a very sophisticated piece of software and please only try this after much research. The account provider will charge a fee as their commission for executing each trade as an alternative to increasing the raw spread artificially as a revenue method.

ForexMart does offer clients ECN accounts, while Plus500 does not offer clients ECN accounts.

ForexMart Vs Plus500 STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

ForexMart does offer clients STP accounts, while Plus500 does not offer clients STP accounts.

ForexMart Vs Plus500 Managed Account

A managed account is an investment that is owned by a single investor. However, the money-making decisions are in somebody else’s hands. These have become extremely popular in the last decade or so and with good reason. The money needed to invest in such accounts is usually larger as you must consider the fee for the finance professional. However, there are certain brokers that offer variations of managed accounts where you can pay as little as $200.

ForexMart and Plus500 do not offer clients Managed accounts.

Broker	forexmart	Plus500	IC Markets
Offers Demo Accounts	Yes	Yes	Yes
Offers Micro Accounts	No	No	No
Offers Standard Accounts	Yes	Yes	Yes
Offers MAM Accounts	No	No	Yes
Offers ECN Accounts	Yes	No	No
Offers Islamic Accounts	Yes	Yes	Yes
Offers STP Accounts	Yes	No	No
Offers Managed Accounts	No	No	No

ForexMart Vs Plus500 Withdrawal and Funding Methods

ForexMart and Plus500 have multiple deposit and withdrawal options. Funding and withdrawing from your ForexMart and Plus500 account to your chosen payment method should be straightforward. Lets see how ForexMart and Plus500 compare with each other. Be aware that depending on the payment method you decide upon there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from ForexMart or Plus500.

Broker	forexmart	Plus500	IC Markets
Payment Methods	Bank Transfer, Visa, MasterCard, Skrill, Neteller, PayCo, fasaPay, Qiwi, Union Pay, AliPay,	Credit cards, Debit Cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Apple Pay, Trustly, iDeal, BPay, Klarna, GiroPay, POLi,	Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

ForexMart Vs Plus500 Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of ForexMart or Plus500 support. This is especially true of traders who are starting from a position of little knowledge. If you are starting out you will want to make sure the ForexMart and Plus500 support is always available when you need them. ForexMart and Plus500 customer support is not just useful. It is crucial to your trading success!

ForexMart Vs Plus500 Live Chat

Live chat is important for several reasons. This is because when you encounter a problem it is nice to know that the problem has the potential to be sorted out then and there. Also speaking to a person live is much less frustrating than speaking to someone over the course of several emails.

Both ForexMart and Plus500 offer livechat support.

ForexMart Vs Plus500 Email Support

When trading with either ForexMart or Plus500 you will find Email support is also very useful. Sometimes you might have a more complex question that requires a specific part of the ForexMart or Plus500 support team to give a satisfactory answer to. This is where email support with ForexMart and Plus500 will be needed.

Both ForexMart and Plus500 offer email support.

ForexMart Vs Plus500 Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can actually explain ourselves with a live human being at either ForexMart or Plus500. We can get straight to the point and this can save us from a lot of time and frustration.

ForexMart do offer phone support. On the other hand Plus500 do not offer phone support.

Lets see how ForexMart and Plus500 customer support compare side by side.

Broker	forexmart	Plus500	IC Markets
Offers Live Chat	Yes	Yes	Yes
Languages	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian	English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email	[email protected]	[email protected]	[email protected]
Phone	+44 20 30 340 874	No	No

ForexMart Vs Plus500 Regulation and Licensing

Never trade on a market that is not sufficiently regulated. This should go without saying when submitting your bank card information or investing money on any website. You need to make sure with certainty that your money is held with a regulated brokerage. Checking to see if ForexMart and Plus500 are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site and if you cannot see that ForexMart or Plus500 have these in place please be extremely cautious before you proceed with them.

We compare ForexMart Vs Plus500 financial regulation and licensing side by side below.

Broker	forexmart	Plus500	IC Markets
FCA Regulation	No	Yes	No
CySEC Regulation	Yes	Yes	Yes
MiFID Regulation	No	Yes	No
ASIC Regulation	No	Yes	Yes
FSCA Regulation	No	Yes	No
DFSA Regulation	No	No	No
MAS Regulation	No	Yes	No

ForexMart Vs Plus500 Risk Management Features

When trading with either ForexMart or Plus500 you will want to understand and make full use of all the risk management features on your ForexMart or Plus500 trading platforms.

We compare side by side the trading risk management features offered by ForexMart and Plus500 below.

ForexMart Vs Plus500 Hedging

What is hedging? Have you ever heard of the expression ‘to hedge one’s bets’? This basically means to not speculate solely on the outcome of one event as it could be potentially risky holding all your assets in one place. Hedging in finance means being able to tactically trade in such a way as you are protecting yourself from huge risk. This can be done for example by speculating on a stock to rise and speculating against it to rise by using different amount or different amounts of leverage.

ForexMart does offer clients hedging, while Plus500 does not offer clients hedging.

ForexMart Vs Plus500 Stop Loss

Stop loss orders are very useful for more volatile investments. Especially when you are speculating on a stock or Forex currency pair. In a normal trade you cannot lose more than what you invested but when you are using leverage this is not the case. Under these terms it is always good to set a stop loss so you can protect yourself from having any vicious results.

Both ForexMart and Plus500 do offer clients stop losses.

ForexMart Vs Plus500 Limit Orders

Every broker should give its users an opportunity to place a limit order. This is when you have an order in place to buy a financial instrument at a specific price. When the financial asset hits a set price your trade will be executed. This is extremely useful as it will give you the opportunity to buy a stock at a better price! It would be very time consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what help limit orders can be in your trading career.

Both ForexMart and Plus500 do offer clients limit orders.

ForexMart Vs Plus500 Negative Balance Protection

Negative balance protection is there to protect its customers. Customers do indeed need protecting as trading can be a volatile business and not everybody who invests knows the full consequences of their trade.

The way negative balance protection works is like this: Say you invest $50 but your trade has the potential to lose $125 because you have used leverage. To do this trade you will need $125 available in your account. This is great as it would be very unfortunate if you recieved an unexpected bill from a broker one day.

Both ForexMart and Plus500 do offer clients negative balance protection. 'negative balance' protection is a regulatory requirement with which Plus500 complies.

Broker	forexmart	Plus500	IC Markets
Offers Hedging	Yes	No	Yes
Negative Balance Protection	Yes	Yes	Yes
Guaranteed Stop Loss	Yes but 10%	Yes	No
Offers Limit Orders		Yes	Yes
Offers Trailing Stops		Yes	Yes

ForexMart Vs Plus500 Verdict

We hope this ForexMart Vs Plus500 guide has helped you decide who is best to trade without of ForexMart and Plus500.

Firstly when you are looking to trade it is essential that you can guarantee that your money is held in a segregated bank account with ForexMart or Plus500. Therefore, please bear this in mind when you sign up with ForexMart or Plus500.

Also, before you sign up with online brokers like ForexMart or Plus500, make sure you know what you are doing. Simple advice we admit but we know from experience how many people decide to start trading and then ask questions later. To put it in the simplest terms possible before you invest any money into something please take note of exactly what you are doing.

Beware of the risks that come with trading. The financial markets can be volatile and investments can go down as well as up. Educate yourself, make full use of all ForexMart and Plus500 educational resources and financial research tools. If you are new to trading sign up for a demo account with ForexMart and Plus500 to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say ‘trading style’. Here are a few examples. A day trader will look to open positions and close them on the same day. This will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if ForexMart and Plus500 fees match your trading requirements.

Alternatively, you could be on the extreme end of this scale and decide to wait years before you close your investments if your investment strategy is more long term.

ForexMart and Plus500 Alternatives

If ForexMart and Plus500 are not what you are not quite what you are looking for we list some of the best ForexMart and Plus500 alternatives below.

Other ForexMart and Plus500 Vs Comparisons

If you are still looking for an alternative to ForexMart and Plus500 and want to see how ForexMart or Plus500 compares Vs other brokers check out the ForexMart Vs and Plus500 Vs list below.

ForexMart Vs Alternatives

Still not happy have a look at some of our alternative ForexMart Vs side by side comparisons below

• ForexMart vs IC Markets
• ForexMart vs Roboforex
• ForexMart vs eToro
• ForexMart vs XM
• ForexMart vs Pepperstone
• ForexMart vs NordFX
• ForexMart vs XTB
• ForexMart vs AvaTrade
• ForexMart vs FP Markets
• ForexMart vs Trading 212

Plus500 Vs Alternatives

Still not happy have a look at some of our alternative ForexMart Vs side by side comparisons below

• Plus500 vs IC Markets
• Plus500 vs Roboforex
• Plus500 vs eToro
• Plus500 vs XM
• Plus500 vs Pepperstone
• Plus500 vs NordFX
• Plus500 vs XTB
• Plus500 vs AvaTrade
• Plus500 vs FP Markets
• Plus500 vs Trading 212

ForexMart Vs Plus500 Frequently Asked Questions

We answer some of the most frequently asked ForexMart Vs Plus500 questions below.

Is ForexMart any Good?

Knowing that a broker is legit is the first thing you should check before signing up to a broker. Is ForexMart legit? – ForexMart are regulated by Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2015

Is Plus500 any Good?

Plus500 are regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) and have been in business since 2008.

Which is better ForexMart or Plus500?

ForexMart does not have a high rating, while Plus500 does not have a high rating.

Is ForexMart a con?

ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2015. ForexMart is most definitely not a con as they are regulated by major financial regulators.

Is Plus500 a con?

Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) and have been in business since 2008. We recommend looking at a Plus500 alternative that has more financial regulation.

What happens if ForexMart or Plus500 go bust?

ForexMart and Plus500 are regulated which means that as part of their regulatory obligations ForexMart and Plus500 have to offer a certain level of financial protection to their clients. ForexMart and Plus500 should by law keep client funds separate from ForexMart and Plus500 funds. If either ForexMart or Plus500 goes bankrupt they should not have access to your money. Customers accounts should be segregated. A financial services compensation scheme differs from country to country so check this on the ForexMart and Plus500 websites and regulators.

Are ForexMart or Plus500 good for beginners?

Plus500 is not suitable for beginners unless you are trading with a Plus500 demo account. The Plus500 platform is suitable for experienced traders only. Though Plus500 is a very user-friendly platform, CFDs are “complex financial products”, thus the platform is not suitable for beginners/inexperienced traders. CFDs are complex financial instruments that carry risk, and are only suitable for more experienced traders.

ForexMart and Plus500 offer low deposits and access to a selection of market insights and news resources. Both ForexMart and Plus500 offer demo accounts. This is a big plus for ForexMart and Plus500 as it shows on they have an interest in their customers.