SpreadEx Vs Plus500

How SpreadEx and Plus500 Compare in 2023

SpreadEx or Plus500 who is better?

Compare SPREADEX Versus PLUS500 and IC Markets broker accounts.


Compare SpreadEx Vs Plus500 Side by Side

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

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


SpreadEx

(4/5)
Benefits of SpreadEx?
  • Established in 1999
  • SpreadEx have been in business for 24 years.
  • Head quarters in UK.
  • Live Chat
  • Segregates clients funds
  • SpreadEx Min deposit $1
SpreadEx screenshot SpreadEx sign up here
Losses can exceed deposits
Reputation Support
Good
Good

SpreadEx Regulation

SpreadEx is regulated by the Financial Conduct Authority (FCA).

Excluded Countries

US, TR

SpreadEx Fees

Deposit fee No
Commission No
Inactivity fee No
Withdrawal fee 0, minimum £50
Min trade 0.01 Lot
Max trade Variable
Min deposit $1
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 SpreadEx
funding options here
Losses can exceed deposits

SpreadEx 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

SpreadEx Platforms

Web Trader, Tablet & Mobile apps

SpreadEx Languages

English

See SpreadEx
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 SpreadEx
instruments here
Losses can exceed deposits

SpreadEx 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 SpreadEx website. Our records were last updated on .

Visit SpreadEx today
Losses can exceed deposits

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 screenshot 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 .

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.

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 screenshot 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 .

Visit IC Markets today
Losses can exceed deposits

SpreadEx Vs Plus500 Table of Contents

SpreadEx and Plus500 in Detail

SpreadEx Review Screenshot

The SpreadEx online trading platform gives traders from all over the world access to over 15,000 financial instruments including over 2,800 available instruments. There are over 10,000+ registered customers that have taken advantage of the SpreadEx platform.

SpreadEx are regulated by Financial Conduct Authority (FCA).

SpreadEx Review Screenshot

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 SpreadEx 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. SpreadEx is not listed as a PLC.

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

Benefits of SpreadEx and Plus500 Compared

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

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

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

The first obvious reason is that you should only deposit what you can afford with SpreadEx or Plus500. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. SpreadEx 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 SpreadEx 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.

SpreadEx allows traders to trade up to 15,000 financial instruments while Plus500 have around 2,800 on their trading platform.

The more instruments available on SpreadEx 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 SpreadEx or Plus500.

The SpreadEx trading platform has 1,000 stocks listed while Plus500 has 1,600 stocks listed.

SpreadEx allows retail traders to trade the following assets Forex, CFDs, and spread betting on the SpreadEx Web Trader, Tablet & Mobile apps trading platforms.

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

Compare SpreadEx and Plus500 in more detail below.

Drawbacks of SpreadEx and Plus500 Compared

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

There are many potential drawbacks with some brokers. The first one is the potential limitations SpreadEx 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 SpreadEx 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 SpreadEx vs Plus500.

Broker SpreadEx Plus500 IC Markets
Inactivity Fees No Yes No
Withdrawl Fees 0, minimum £50 No No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 1 100 200
Social Trading No No Yes
Excluded Countries US, TR MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO US, IR, CA, NZ, JP

SpreadEx 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 SpreadEx 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 SpreadEx Plus500 IC Markets
Instruments Available 15000 2800 2250
Offers share dealing No Yes (through Plus500 Invest) Yes
Number of Shares 1,000 1,600 as CFDs 2,100
Offers US Stocks Yes Yes as CFDs Yes
Offers UK Stocks Yes Yes as CFDs Yes
Offers German Stocks Yes Yes as CFDs Yes
Offers Japanese Stocks Yes Yes as CFDs Yes
Offers Indices Trading Yes Yes as CFDs Yes
Number of Commodities 16 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 55 65 as CFDs 61
Offers Major Forex Pairs Yes Yes as CFDs Yes
Offers Minor Forex Pairs Yes Yes as CFDs Yes
Offers Exotic Forex Pairs Yes Yes as CFDs Yes
Offers CFD Trading Yes Yes as CFDs Yes
Offers Social Trading No No Yes

SpreadEx 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 SpreadEx, Plus500 and all brokers is subject to regulation.

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

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

SpreadEx Vs Plus500 Commission and Fees

knowing your trading and commission fees with SpreadEx vs Plus500 is extremely important. For the majority of the SpreadEx 15,000 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 SpreadEx 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 SpreadEx 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 SpreadEx and Plus500 fees of course. Make sure you do your research and check the commission and fees with both SpreadEx 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 SpreadEx or Plus500 be aware of or 3rd party payment provider fees and currency conversion fees.

SpreadEx 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 SpreadEx 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 SpreadEx vs Plus500 compare side by side for commissions and fees.

Broker SpreadEx Plus500 IC Markets
Min Deposit 1 100 200
Inactivity Fees No Yes No
Withdrawal Fees 0, minimum £50 No No
Deposit Fees No No Varies

SpreadEx 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 SpreadEx 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 SpreadEx or Plus500 demo account.

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

SpreadEx 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 SpreadEx and Plus500 have trading apps that are compatible.

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

SpreadEx Vs Plus500 Trading Account Types Offered

SpreadEx 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 SpreadEx and Plus500 demo account fully.

SpreadEx 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.

SpreadEx and Plus500 do not offer Micro accounts.

SpreadEx 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 SpreadEx and Plus500 do offer clients Standard accounts.

SpreadEx 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.

SpreadEx and Plus500 do not offer clients MAM accounts.

SpreadEx 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.

SpreadEx and Plus500 do not offer clients ECN accounts.

SpreadEx 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.

SpreadEx and Plus500 do not offer clients STP accounts.

SpreadEx 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.

SpreadEx and Plus500 do not offer clients Managed accounts.

Broker SpreadEx 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 No No No
Offers Islamic Accounts No Yes Yes
Offers STP Accounts No No No
Offers Managed Accounts No No No

SpreadEx Vs Plus500 Withdrawal and Funding Methods

SpreadEx and Plus500 have multiple deposit and withdrawal options. Funding and withdrawing from your SpreadEx and Plus500 account to your chosen payment method should be straightforward. Lets see how SpreadEx 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 SpreadEx or Plus500.

Broker SpreadEx Plus500 IC Markets
Payment Methods Credit cards, VISA, Switch, Maestro, Debit cards, Bank Transfer, Payoneer, 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),

SpreadEx Vs Plus500 Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of SpreadEx 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 SpreadEx and Plus500 support is always available when you need them. SpreadEx and Plus500 customer support is not just useful. It is crucial to your trading success!

SpreadEx 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.

SpreadEx do not offer livechat support. On the other hand Plus500 do offer livechat support.

SpreadEx Vs Plus500 Email Support

When trading with either SpreadEx 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 SpreadEx or Plus500 support team to give a satisfactory answer to. This is where email support with SpreadEx and Plus500 will be needed.

Both SpreadEx and Plus500 offer email support.

SpreadEx 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 SpreadEx or Plus500. We can get straight to the point and this can save us from a lot of time and frustration.

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

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

Broker SpreadEx Plus500 IC Markets
Offers Live Chat No Yes Yes
Languages English 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 (0) 1727 895 000 No No

SpreadEx 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 SpreadEx 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 SpreadEx or Plus500 have these in place please be extremely cautious before you proceed with them.

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

Broker SpreadEx Plus500 IC Markets
FCA Regulation Yes Yes No
CySEC Regulation No 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

SpreadEx Vs Plus500 Risk Management Features

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

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

SpreadEx 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.

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

SpreadEx 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 SpreadEx and Plus500 do offer clients stop losses.

SpreadEx 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 SpreadEx and Plus500 do offer clients limit orders.

SpreadEx 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.

SpreadEx does not offer clients negative balance protection, while Plus500 does offer clients negative balance protection. 'negative balance' protection is a regulatory requirement with which Plus500 complies.

Broker SpreadEx Plus500 IC Markets
Offers Hedging Yes No Yes
Negative Balance Protection No Yes Yes
Guaranteed Stop Loss Yes Yes No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

SpreadEx Vs Plus500 Verdict

We hope this SpreadEx Vs Plus500 guide has helped you decide who is best to trade without of SpreadEx 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 SpreadEx or Plus500. Therefore, please bear this in mind when you sign up with SpreadEx or Plus500.

Also, before you sign up with online brokers like SpreadEx 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 SpreadEx and Plus500 educational resources and financial research tools. If you are new to trading sign up for a demo account with SpreadEx 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 SpreadEx 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.

SpreadEx and Plus500 Alternatives

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

Other SpreadEx and Plus500 Vs Comparisons

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

SpreadEx Vs Alternatives

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

Plus500 Vs Alternatives

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

SpreadEx Vs Plus500 Frequently Asked Questions

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

Is SpreadEx any Good?

Knowing that a broker is legit is the first thing you should check before signing up to a broker. Is SpreadEx legit? – SpreadEx are regulated by Financial Conduct Authority (FCA) and have been in business since 1999

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 SpreadEx or Plus500?

Both SpreadEx and Plus500 have an excellent reputation and to make a decision regarding which one is better is not an easy one. Take the time to examine the trading features that SpreadEx and Plus500 offer. See which broker best suits your investment strategy.

Is SpreadEx a con?

SpreadEx is regulated by Financial Conduct Authority (FCA) and have been in business since 1999. SpreadEx 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 SpreadEx or Plus500 go bust?

SpreadEx and Plus500 are regulated which means that as part of their regulatory obligations SpreadEx and Plus500 have to offer a certain level of financial protection to their clients. SpreadEx and Plus500 should by law keep client funds separate from SpreadEx and Plus500 funds. If either SpreadEx 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 SpreadEx and Plus500 websites and regulators.

Are SpreadEx 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.

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


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Losses can exceed deposits