Are you confused about whether to choose XTB vs Plus500 as a broker for your investing needs?
In this side-by-side comparison, we analyse XTB vs Plus500 to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
XTB vs Plus500: In a Nutshell
Commission-free ETFs and CFDs trading
XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.
xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.
On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).
Commission-free CFDs trading and low spreads
Plus500 is an online broker offering a wide range of financial products, including real shares and CFDs on forex, indices, shares, commodities, options, ETFs, and cryptocurrencies.
There are two distinct account types: Plus500 CFD, which only focuses on CFD products; Plus500 Invest, where you can trade stocks (real shares).
The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and easy access from multiple devices.
Pros and Cons
XTB
Pros
- Free stocks trading (only applicable to some EU countries)
- Customizable trading platform (charts and workspace)
- Low Forex Spreads
- Demo account
- No minimum account deposit
- Valuable education materials
- Top-tier Regulators
Cons
- Complex trading platform for a beginner
- High Stock CFD fees
- Limited product portfolio
- Withdrawal fees for transfers below $100
- Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
Plus500
Pros
- Easy-to-use and responsive platform
- Low spreads
- No dealing commissions
- Demo Account
- Top-tier regulators
Cons
- No ETF offering
- Inactivity fee ($10 per month after no login activity in 3 months)
- High overnight funding fees
- Very little research and education provided
XTB vs Plus500: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
