Plus500 vs Seacrest Markets Comparison
Compare trading conditions, commissions and platforms of Forex brokers Plus500 and Seacrest Markets. Find out which broker is best for you.
- Rating
- Rank
- #3
81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
- Rating
- Rank
- #47
Trading CFDs carries high risks. You may lose all invested funds
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Plus500 or Seacrest Markets?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Plus500
- Minimum deposit · USD
- 100 USD
- Different platforms
- WebTrader
- Different markets
- Stocks
- ETF
Seacrest Markets
- Minimum deposit · USD
- 50 USD
- Different platforms
- MetaTrader 5
- Different markets
- Cryptocurrency
Comparison Table of Plus500 and Seacrest Markets
Swipe the table left or right to view all data.
| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Foundation Year | 2008 | 2024 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | South Africa |
| Minimum Deposit |
|
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| Spread | from 0.6 points | from 0.1 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Plus500 Review | Seacrest Markets Review |
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
- Intuitive CFD trading platform.
- 24/7 support.
- Built-in analytics.
- Diversity of trading assets.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
Seacrest Markets Review
Seacrest Markets is a CFD broker with moderate regulation (FSCA), a transparent fee structure, and an accessible entry threshold starting from $50. Trading is conducted via MetaTrader 5, covering major asset classes, with leverage available up to 1:500. The conditions are tailored to retail traders who value clear costs and a straightforward onboarding process.
The broker is best suited for:
retail traders working with Forex and major CFDs;
active traders seeking high leverage;
traders who appreciate 24/7 support and an easy account opening process.
It may be less suitable for investors looking for Tier-1 regulation, an extensive range of stocks and ETFs, or advanced institutional research.
Pros and Cons of Seacrest Markets
Pros
- FSCA (South Africa) license and formal regulation of brokerage activity.
- Low minimum deposit — from $50.
- 24/7 support and a strong community.
Cons
- No Tier-1 regulation and no compensation funds.
- Limited number of trading instruments compared to large brokers.
- No web-based platform and no alternative to MetaTrader 5.
Reliability
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Reliability | 5/5 | 4.5/5 |
| Foundation Year | 2008 | 2024 |
| Regulated in Countries | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States | South Africa |
| Regulators |
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.
Seacrest Markets
Seacrest Markets’ reliability can be described as moderate: the broker is regulated by the FSCA (Tier-2) but does not hold Tier-1 licenses or participate in compensation schemes, which reduces the level of protection compared to major international brokers.
Pros
- FSCA (South Africa) license
- Transparent registration information
Cons
- No Tier-1 regulation
Account Opening
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| 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.
Seacrest Markets
Opening an account with Seacrest Markets is fast and without unnecessary bureaucracy: online registration, verification within a day, and clear requirements make the process convenient for most traders.
Pros
- Simple online registration
- Verification within 24 hours
- Low minimum deposit
Cons
- Mandatory extended KYC questionnaire
Account Types
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| 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 | 1:500 |
| 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.
Seacrest Markets
Seacrest Markets offers classic trading accounts with a clear fee structure. The lineup suits different trading styles, though the overall variety and depth of account options remain moderate.
Pros
- Availability of Classic and ECN accounts
Cons
- Limited selection of trading accounts
Commissions
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Commissions | 3.5/5 | 3.5/5 |
| Spread | from 0.6 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 1.2 |
| Commission | No data | per 1 lot$3.50 |
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
Seacrest Markets
Seacrest Markets' fees are around the market average: spreads and swaps are comparable to competitors, and the ECN commission remains competitive. The cost structure is transparent and without notable hidden charges.
Pros
- Market-average spreads
- No withdrawal fee except for bank transfers
Cons
- There is an account inactivity fee
- Swaps can be significant for long-term trading
Deposit and Withdrawal
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| 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.
Seacrest Markets
Deposits and withdrawals at Seacrest Markets are organized in a standard and convenient way: cards, bank transfer, and cryptocurrencies are available. The procedures are transparent, but the range of methods remains basic.
Pros
- Support for Visa/Mastercard
- Crypto transfers available
- Clear procedure via the client portal
Cons
- Limited selection of local payment systems
- Fee for withdrawals via bank transfer
Markets and Products
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Markets and Products | 5/5 | 3.5/5 |
| Forex | 65 | 50 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 7 | 3 |
| Soft Commodities | 10 | 2 |
| Indices | 36 | 6 |
| Stocks | 1550 | - |
| ETF | 96 | - |
| Cryptocurrency | - | 4 |
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Seacrest Markets
Seacrest Markets' market offering covers key asset classes and suits most retail strategies, but it falls behind large multi-asset brokers in breadth of instruments.
Pros
- Key asset classes (Forex, indices, commodities, cryptocurrencies)
- High leverage up to 1:500
Cons
- Limited overall number of instruments
- No stocks or ETFs
Trading Platforms
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Rating | 4.2/5 | 3.5/5 |
| 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.
Seacrest Markets
MetaTrader 5 provides full functionality for analysis and trading, but platform choice is limited to a single terminal and there is no web version, which reduces access flexibility.
Pros
- Support for algorithmic trading
- iOS and Android mobile apps
Cons
- No web version
- No alternative platforms
Analytics
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| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
Seacrest Markets
Seacrest Markets' analytics cover key needs of retail traders: video reviews, articles, and built-in analysis tools. The content is practical, but it is geared mainly toward beginner and intermediate levels.
Pros
- Regular video analysis
- Economic calendar and market widgets
- TradingView integration
Education
Swipe the table left or right to view all data.
| Broker | Plus500 | Seacrest Markets |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
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
Seacrest Markets
Seacrest Markets' educational materials cover basic CFD and Forex topics and are suitable for beginners, but the education section is limited to a blog format without an extended learning program.
Pros
- Structured blog
Cons
- No comprehensive courses
- No webinars or podcasts
Customer Support
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Plus500
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.
Seacrest Markets
Seacrest Markets' support operates 24/7 and provides quick contact via live chat. A strong community enhances client service, but the set of communication channels remains standard.
Pros
- 24/7 support
- Live chat on the website
- Active community (Discord and social media)
Cons
- No extensive phone support
- No personal managers
- Limited selection of communication channels
Comparisons of Plus500 and Seacrest Markets with other brokers
Conclusion
When choosing between Plus500 and Seacrest Markets, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Plus500 or Seacrest Markets?
Plus500 ranks higher than Seacrest Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Plus500 or Seacrest Markets?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Plus500 or Seacrest Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Plus500 and Seacrest Markets?
Plus500: WebTrader. Seacrest Markets: MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Plus500 and Seacrest Markets?
Plus500: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. Seacrest Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Plus500 and Seacrest Markets?
Plus500: Plus500. Seacrest Markets: Classic, ECN. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Plus500 and Seacrest Markets?
Plus500: PayPal, Skrill, Bank Transfer, Visa, Mastercard. Seacrest Markets: Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Plus500 or Seacrest Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
