Forex.com
Available in your country Forex.com operates in India and accepts local clients through its Cayman Islands entity.
75% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Plus500
Not available in your country Plus500 is not available in India.
CFD service. 82% of retail investor accounts lose money. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Best for
What we compare A comparison of the kinds of traders Forex.com and Plus500 are best suited to, based on what each one actually offers in India.Forex.com is better than Plus500 for professional traders, high-volume traders and scalpers. Swing traders, news traders and CFD stock traders can choose either Forex.com or Plus500.
| Overall score | Forex.com 81 Best | Plus500 77 -4 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Forex.com and the ones that supervise Plus500.Forex.com and Plus500 are both regulated by top-tier authorities, Forex.com by CySEC, ASIC (Australia) and the SFC (Hong Kong) and Plus500 by CySEC, ASIC (Australia) and the FCA (United Kingdom). Plus500 does not operate in India.
| Section score | Forex.com 100 | Plus500 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Forex.com and Plus500 have in place to protect your money in India.Both Forex.com and Plus500 offer segregated client funds and two-factor authentication.
| Section score | Forex.com 73 | Plus500 72 -1 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1999 | 2008 |
| Parent company i | StoneX Group (via GAIN Capital) | Plus500 Ltd. |
| CEO i | Glenn Stevens | David Zruia |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | N/A |
| Brand power | ||
| Number of customers worldwide i | 400,000 | 30,000,000 |
| Annual revenue i | US$169,500,000 | US$768,300,000 |
| Monthly website search traffic i | 1.9M monthly visits | |
Costs
What we compare A comparison of what it costs to trade with Forex.com and with Plus500 in India, both on each trade and on holding the account.Plus500 is better than Forex.com for costs, given that Plus500 is cheaper on EUR/USD, at US$8 per lot (against Forex.com's US$12.5), and does not charge US stock CFD fees (against Forex.com's US$0.02). Neither Forex.com nor Plus500 charges account maintenance fees or deposit fees.
| Section score | Forex.com 43 -21 | Plus500 64 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | US$10 | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$12.5 | US$8 |
| S&P 500 fees (CFD) i | 0.6 points | 0.7 points |
| Gold fees (CFD) i | 0.45 points | 0.75 points |
| Bitcoin fees (CFD) i | US$118.34 | |
| US stocks fees (CFD) i | US$0.018 | Free |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | Spread |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Forex.com and with Plus500 in India, and of how many instruments each one gives access to.Forex.com is better than Plus500 for available markets. Both Forex.com and Plus500 offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | Forex.com 85 Best | Plus500 75 -10 |
|---|---|---|
| Total tradable symbols i | 150 | 2,800 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that Forex.com and Plus500 make available to their clients in India.Forex.com is better than Plus500 for platforms, since Forex.com offers MetaTrader 4 and AutoChartist, which Plus500 does not. Forex.com and Plus500 both offer a proprietary platform and one-click trading.
| Section score | Forex.com 88 Best | Plus500 75 -13 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Forex.com and Plus500 in India, and of what each one lets you do from your phone.Forex.com is better than Plus500 for mobile trading, because Forex.com offers the MetaTrader 4 app and mobile trading signals, which Plus500 does not. Forex.com and Plus500 both offer a proprietary mobile app and mobile price alerts.
| Section score | Forex.com 93 Best | Plus500 80 -13 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Forex.com and Plus500 allow on their platforms in India.Forex.com is better than Plus500 for trading features, because Forex.com offers tier-1 liquidity providers, which Plus500 does not, and allows for scalping and automated trading. Forex.com and Plus500 both offer negative balance protection and trailing stops.
| Section score | Forex.com 87 Best | Plus500 67 -20 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | 3 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 200:1 | 300:1 |
| Minor/Exotic FX pairs leverage i | 200:1 | 300:1 |
| Major indices leverage i | 400:1 | 150:1 |
| Minor indices leverage i | 100:1 | 150:1 |
| Gold leverage i | 200:1 | 150:1 |
| Commodities leverage i | 100:1 | 150:1 |
| Equities leverage i | 20:1 | 20:1 |
| Cryptocurrency leverage i | 100:1 | 5:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | US$0 | US$0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Forex.com and at Plus500 in India, and of who each one is meant for.Forex.com and Plus500 are equally good for account types, as Forex.com offers a raw spread account and a fixed spread account while Plus500 offers an unlimited demo account. Forex.com and Plus500 both offer a demo account and a professional traders account.
| Section score | Forex.com 52 | Plus500 51 -1 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Forex.com and with Plus500 in India.Forex.com is better than Plus500 for account opening, as Forex.com has no minimum withdrawal (against Plus500's US$100), and offers a bonus program, which Plus500 does not. Both require a minimum deposit of US$100. Plus500 does not operate in India.
| Section score | Forex.com 77 Best | Plus500 69 -8 |
|---|---|---|
| Minimum deposit i | US$100 | US$100 |
| Minimum withdrawal i | US$0 | US$100 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | Neteller, Skrill | PayPal, Skrill |
| Local payment methods i | ||
| Account base currencies i | EUR, GBP, USD | AUD, EUR, USD |
| Deposit waiting time i | up to 2 business days | up to 1 business days |
| Withdrawal waiting time i | up to 2 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Forex.com and Plus500 in India, in how it can be reached and how fast it answers.Plus500 is better than Forex.com for customer care, because Plus500 offers customer support in 29 languages (against Forex.com's 2), and has a website in 29 languages (against Forex.com's 7). Forex.com and Plus500 both offer a dedicated account manager and priority support.
| Section score | Forex.com 66 -12 | Plus500 78 Best |
|---|---|---|
| Number of languages supported i | 7 | 29 |
| Website languages i | Arabic, German, English, Japanese, Polish, Spanish, Chinese | Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese |
| Website available in English i | ||
| Customer support languages i | English, Chinese | Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Forex.com and Plus500 provide to their clients in India.Forex.com is better than Plus500 for learning, since Forex.com offers professional reports and daily market commentary, which Plus500 does not. Forex.com and Plus500 both offer education for advanced traders and webinars.
| Section score | Forex.com 95 Best | Plus500 80 -15 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Forex.com vs Plus500: which one should you choose?
Forex.com
CFD/FX Choose Forex.com, regulated by CySEC and ASIC, if you want an online CFD broker with MetaTrader 4, high-frequency trading strategies and VPS hosting.
Open Account 75% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Plus500
CFD/FX Choose Plus500, regulated by the FCA and the MAS, if you want a forex brokerage service with low trading costs, CFDs on ETFs and guaranteed stop-loss orders and live in a country where it accepts clients.
Not available in India CFD service. 82% of retail investor accounts lose money. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.Other popular comparisons
Below are other head-to-head comparisons that include Forex.com or Plus500, each scored with the same data and method as this page.
