Home page -> Comparison -> ForexMart vs Plus500 | Broker Comparison

Title ForexMart vs Plus500 | Broker Comparison

Basic Information

Year Founded

First broker:

Second broker:

2008

Headquarters Location

First broker:

Second broker:

Israel + 5 global subs

Publicly Traded (Entity or Parent)

First broker:

Second broker:

YES

Regulated?

First broker:

Second broker:

YES

Primary Regulator

First broker:

Second broker:

FCA

Minimum Deposit

First broker:

Second broker:

$100

Fixed Spreads?

First broker:

Second broker:

YES

Trading Type

First broker:

Second broker:

No Dealing Desk

Commissions on Trades

First broker:

Second broker:

No Dealing Desk

CFD Loss Rate

First broker:

Second broker:

76.4% of retail accounts lose money

Maximum Leverage

First broker:

Second broker:

1:30

Currency Pairs Offered

First broker:

Second broker:

50+

General Average Rating - 3 scale

First broker:

Second broker:

1,95

Background

Value

Score

Value

Score

Year Founded

First broker:

Second broker:

2008

3,0

Headquarters location + Offices

First broker:

Second broker:

Israel + 5 global subs

3,0

Publicly traded?

First broker:

Second broker:

Yes, UK FTSE 250 Index

3,0

Size Measure

First broker:

Second broker:

Annual Revs > $100 million

3,0

Summary Score

First broker:

Second broker:

3,00

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

Second broker:

YES

3,0

Primary regulator

First broker:

Second broker:

FCA

3,0

Multiple compliance

First broker:

Second broker:

CySEC, ASIC, MAS, ISA

3,0

Safety of Deposits

First broker:

Second broker:

Seg accs, nat'l ins, no added

2,5

Summary Score

First broker:

Second broker:

2,88

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Second broker:

Overnight Funding, Inactivity Fee and Guaranteed Stop Order

2,5

General

First broker:

Second broker:

Low WD fees

2,5

Spreads

First broker:

Second broker:

Variable

2,5

Summary Score

First broker:

Second broker:

2,67

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

Second broker:

2,000 items

2,0

Forex - Breadth

First broker:

Second broker:

Average

2,5

Other: Comm, Crypto, Spread, CFD?

First broker:

Second broker:

CFDs Only

1,5

Summary Score

First broker:

Second broker:

2,0

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

Second broker:

None offered

1,0

Proprietary options

First broker:

Second broker:

WebTrader - Proprietary

2,5

Special Advanced?

First broker:

Second broker:

WebTrader closed system

1,5

Summary Score

First broker:

Second broker:

1,67

Special Features

Value

Score

Value

Score

Feature A

First broker:

Second broker:

Guar Stop Loss on some

2,0

Feature B

First broker:

Second broker:

Financing rates high

1,5

Feature C

First broker:

Second broker:

No Daytraders allowed

1,5

Summary Score

First broker:

Second broker:

1,67

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Second broker:

Very limited

1,0

Technical Anlaysis

First broker:

Second broker:

Very limited

1,0

Other Guidance

First broker:

Second broker:

Some sentiment, no news

1,0

Summary Score

First broker:

Second broker:

1,00

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Second broker:

Very limited

0,5

Webinars/Support

First broker:

Second broker:

Very limited

1,0

General

First broker:

Second broker:

76.4% of retail accounts lose money

1,0

Summary Score

First broker:

Second broker:

0,83

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

Second broker:

Live Chat and Email, no tele

2,0

Responsiveness

First broker:

Second broker:

Better than Average

2,5

FAQs? Quality?

First broker:

Second broker:

Adequate + 32 languages

2,0

Summary Score

First broker:

Second broker:

2,17

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Second broker:

Low fees and spreads

2,5

Pro #2

First broker:

Second broker:

Over 2,000 items offered

2,0

Pro #3

First broker:

Second broker:

Options offered

2,0

Con #1

First broker:

Second broker:

Inflexible trading platform

1,5

Con #2

First broker:

Second broker:

Limited research

1,0

Con #3

First broker:

Second broker:

Limited education materials

1,0

Summary Score

First broker:

Second broker:

1,67

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

Second broker:

1,95

Broker links

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