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

Title Plus500 vs USGFX | Broker Comparison

Basic Information

Year Founded

First broker:

2008

Second broker:

Headquarters Location

First broker:

Israel + 5 global subs

Second broker:

Publicly Traded (Entity or Parent)

First broker:

YES

Second broker:

Regulated?

First broker:

YES

Second broker:

Primary Regulator

First broker:

FCA

Second broker:

Minimum Deposit

First broker:

$100

Second broker:

Fixed Spreads?

First broker:

YES

Second broker:

Trading Type

First broker:

No Dealing Desk

Second broker:

Commissions on Trades

First broker:

No Dealing Desk

Second broker:

CFD Loss Rate

First broker:

76.4% of retail accounts lose money

Second broker:

Maximum Leverage

First broker:

1:30

Second broker:

Currency Pairs Offered

First broker:

50+

Second broker:

General Average Rating - 3 scale

First broker:

1,95

Second broker:

Background

Value

Score

Value

Score

Year Founded

First broker:

2008

3,0

Second broker:

Headquarters location + Offices

First broker:

Israel + 5 global subs

3,0

Second broker:

Publicly traded?

First broker:

Yes, UK FTSE 250 Index

3,0

Second broker:

Size Measure

First broker:

Annual Revs > $100 million

3,0

Second broker:

Summary Score

First broker:

3,00

Second broker:

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

YES

3,0

Second broker:

Primary regulator

First broker:

FCA

3,0

Second broker:

Multiple compliance

First broker:

CySEC, ASIC, MAS, ISA

3,0

Second broker:

Safety of Deposits

First broker:

Seg accs, nat'l ins, no added

2,5

Second broker:

Summary Score

First broker:

2,88

Second broker:

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Overnight Funding, Inactivity Fee and Guaranteed Stop Order

2,5

Second broker:

General

First broker:

Low WD fees

2,5

Second broker:

Spreads

First broker:

Variable

2,5

Second broker:

Summary Score

First broker:

2,67

Second broker:

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

2,000 items

2,0

Second broker:

Forex - Breadth

First broker:

Average

2,5

Second broker:

Other: Comm, Crypto, Spread, CFD?

First broker:

CFDs Only

1,5

Second broker:

Summary Score

First broker:

2,0

Second broker:

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

None offered

1,0

Second broker:

Proprietary options

First broker:

WebTrader - Proprietary

2,5

Second broker:

Special Advanced?

First broker:

WebTrader closed system

1,5

Second broker:

Summary Score

First broker:

1,67

Second broker:

Special Features

Value

Score

Value

Score

Feature A

First broker:

Guar Stop Loss on some

2,0

Second broker:

Feature B

First broker:

Financing rates high

1,5

Second broker:

Feature C

First broker:

No Daytraders allowed

1,5

Second broker:

Summary Score

First broker:

1,67

Second broker:

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Very limited

1,0

Second broker:

Technical Anlaysis

First broker:

Very limited

1,0

Second broker:

Other Guidance

First broker:

Some sentiment, no news

1,0

Second broker:

Summary Score

First broker:

1,00

Second broker:

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Very limited

0,5

Second broker:

Webinars/Support

First broker:

Very limited

1,0

Second broker:

General

First broker:

76.4% of retail accounts lose money

1,0

Second broker:

Summary Score

First broker:

0,83

Second broker:

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

Live Chat and Email, no tele

2,0

Second broker:

Responsiveness

First broker:

Better than Average

2,5

Second broker:

FAQs? Quality?

First broker:

Adequate + 32 languages

2,0

Second broker:

Summary Score

First broker:

2,17

Second broker:

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Low fees and spreads

2,5

Second broker:

Pro #2

First broker:

Over 2,000 items offered

2,0

Second broker:

Pro #3

First broker:

Options offered

2,0

Second broker:

Con #1

First broker:

Inflexible trading platform

1,5

Second broker:

Con #2

First broker:

Limited research

1,0

Second broker:

Con #3

First broker:

Limited education materials

1,0

Second broker:

Summary Score

First broker:

1,67

Second broker:

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

1,95

Second broker:

Broker links

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