Plus500 vs PrimeXBT Comparison
Plus500
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Plus500 and PrimeXBT
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 4.3/5 | 4.4/5 |
| Foundation Year | 2007 | 2018 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | South Africa, Seychelles, El Salvador, Mauritius |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0.1 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Plus500 Review | PrimeXBT Review |
Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.
PrimeXBT is well-suited for active Forex and cryptocurrency traders: scalpers, high-leverage enthusiasts, copy traders, and those starting with a small deposit.
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
PrimeXBT Review
PrimeXBT is an excellent platform for active Forex and cryptocurrency traders, scalpers, high-leverage enthusiasts, and those who value rapid registration, low fees, and integrated copy trading. The platform is particularly attractive if you combine margin trading on traditional markets with crypto futures, and do not require spot ETFs, bonds, or first-tier licenses (FCA/CySEC). Moreover, extensive tournaments, bonuses, and VIP discounts make it appealing for beginner traders looking to start without large deposits.
Pros and Cons of PrimeXBT
Pros
- Fast registration and verification.
- Tight spreads and low fees on crypto futures.
- Unified account for Forex, CFDs, cryptocurrencies, copy trading, and tournaments.
- No inactivity fees.
- 3 free fiat withdrawals per month.
- 24/7 customer support.
Cons
- Second-tier regulation (FSA Seychelles, FSCA South Africa; no FCA/CySEC).
- Balance denominated only in USD – potential conversion costs.
- No Islamic or fixed spread accounts.
- Lack of webinars and video courses for education; no telephone support available.
Reliability
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Reliability | 5/5 | 4.6/5 |
| Foundation Year | 2007 | 2018 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | South Africa, Seychelles, El Salvador, Mauritius |
| Regulators | CySEC CySEC FCA FCA ASIC ASIC NZ FMA NZ FMA FSCA FSCA SFSA SFSA EFSA EFSA MAS MAS CFTC CFTC NFA NFA | FSCA FSCA SFSA SFSA CNAD CNAD BCR BCR - FSC FSC |
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
PrimeXBT
FSCA and FSA licenses, segregated accounts, NBP, and FinCom membership enhance protection; however, the absence of reputable regulators (FCA, ASIC) presents a moderate jurisdictional risk.
Pros
- Multi-tier regulation
- Segregation of funds and NBP
- External arbitration (Financial Commission)
Cons
- Lacks licenses from more stringent regulators (FCA, ASIC)
Account Opening
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
PrimeXBT
Opening an account on PrimeXBT is simple: just an email and password, with no lengthy forms required. KYC is auto-verified in about 2 minutes, and deposits start at only $10. The entire process from registration to trading takes roughly 5-10 minutes.
Pros
- Instant registration
- Automated KYC within minutes
- Deposit from $10
Account Types
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Account Types | 2/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0.1 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
PrimeXBT
PrimeXBT’s unified account covers FX/CFD, crypto futures, copy trading, and VIP, streamlining balance management. However, the lack of cent, Islamic, and fixed-spread options slightly limits the choice.
Pros
- Single balance for all markets
- Automatic VIP status based on volume
- Integrated copy trading
Cons
- Absence of cent/Islamic accounts
- Fixed spreads are not supported
Commissions
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Commissions | 3.5/5 | 4.5/5 |
| Spread | from 0.6 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 0.9 |
| Commission per Lot |
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
PrimeXBT
PrimeXBT’s fees are below market standards, featuring tight spreads for CFD trading and low fees for crypto futures trading. Additionally, there are no charges for deposits or account inactivity.
Pros
- Spreads from 0.1 pips
- VIP discounts
- No inactivity fees
Cons
- Market-average swap rates
Deposit and Withdrawal
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
PrimeXBT
A wide range of deposit and withdrawal methods, instant funding, and 3 free fiat withdrawals per month make transactions convenient. Fees apply only after exceeding the free limit and when withdrawing via card.
Pros
- 0% deposit fee
- 3 free fiat withdrawals
- Fast order processing
Cons
- Account denominated only in USD
Markets and Products
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Markets and Products | 5/5 | 4.5/5 |
| Forex | 65 | 98 |
| Precious Metals | 5 | 12 |
| Energy Carriers | 7 | 4 |
| Soft Commodities | 10 | 8 |
| Indices | 36 | 19 |
| Stocks | 1550 | 10 |
| ETF | 96 | - |
| Cryptocurrency | - | 40 |
| Futures | - | 35 |
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
PrimeXBT
PrimeXBT offers over 100 instruments across FX, indices, commodities, stocks, and crypto futures, catering well to active traders.
Pros
- All key asset classes
- Single account for all markets
- Crypto futures and copy trading
Cons
- No spot ETFs/bonds
- Limited selection of stocks
Trading Platforms
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 4.2/5 | 4/5 |
| Trading Platforms |
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Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
PrimeXBT
PXTrader is user-friendly, and MT5 provides automation features. While PrimeXBT offers a sufficient selection of platforms, it isn’t extensive.
Pros
- Mobile and web-based PXTrader platform
- Classic MetaTrader 5
- Built-in copy trading
Cons
- MT5 is not available in all regions
- Only two platforms offered (no cTrader or TradingView)
Analytics
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 4/5 |
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
PrimeXBT
PrimeXBT provides a basic suite of analytics including live charts, an economic calendar, and daily market overviews. This set is adequate for most users, though advanced screeners and signals are missing.
Pros
- 50+ chart indicators
- Economic calendar
- Daily market research
Cons
- No screeners/signals
- Limited depth of analysis
Education
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 3/5 |
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
PrimeXBT
PrimeXBT offers an extensive library of articles and a comprehensive glossary spanning both basic and advanced topics, though it lacks webinars and video courses.
Pros
- 200+ articles covering various levels
- Free access without registration
Cons
- No webinars/videos
- Limited interactive content
Customer Support
| Broker | Plus500 | PrimeXBT |
|---|---|---|
| Rating | 3.7/5 | 4/5 |
| Email Support |
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| Hotline Phones | — | — |
| Social Media |
Facebook
Twitter
Instagram
LinkedIn
YouTube
TikTok
Telegram
Reddit
DiscordPlus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
PrimeXBT
PrimeXBT’s support is fast and friendly: the 24/7 chat responds within minutes, and email queries receive a reply shortly after. While multiple channels exist, there is no telephone or messenger support.
Pros
- 24/7 online chat
- Multilingual operators
Cons
- No phone or messenger support
