First Trade vs Plus500, Who's The Best?
Read our In-Depth First Trade vs Plus500 Review - Updated for 2026
This review comparing First Trade and Plus500 has been refreshed to reflect any changes for 2026 from knowledgeable insiders with significant financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of First Trade vs Plus500 does not apply to all countries as follows:
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Plus500 Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare First Trade vs Plus500
All platforms for online trading has a few pros and cons, and a complete review of First Trade and Plus500 would not be complete without embracing a balanced approach.
Assess First Trade and Plus500 to get a better understanding of just how these platforms stack up to each other before you decide to create an account. A side-by-side comparison can place factors in perspective to ensure that you remain cognizant of what to expect.
So you are looking for a professional broker and are choosing between First Trade or Plus500. Who is better in 2026?
This First Trade vs Plus500 comparison contains the latest information so you can easily compare Plus500 against First Trade.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all the concepts of broker as you keep trading. For starters, you have to choose the right broker who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. First Trade and Plus500 are just two such platforms which will take you along with your investment to great heights. It is important to compare First Trade vs Plus500 until you trust them with your money.
Our First Trade vs Plus500 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust First Trade and Plus500 side by side.
Our entire First Trade vs Plus500 Review covers everything you will need to learn about trading using either First Trade or Plus500. A good broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you choose them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
First Trade and Plus500 are both brokers which have found their way successfully into the broker world. Within this review, we have attempted to collate some of the important facets of both First Trade and Plus500. This review can help you to understand whether either Plus500 or First Trade is a good match for your own investments or not. We've attempted to breakdown all the features and fees for your convenience.
Benefits of First Trade and Plus500 Compared
First Trade has a minimum deposit of $5 while Plus500 has a $100 minimum deposit.
Why smaller minimum deposits are good and how First Trade and Plus500 compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
First Trade has around 101 financial instruments while Plus500 allows you to trade around 101 available.
The more financial instruments you can trade on the First Trade and Plus500 platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of First Trade or Plus500.
First Trade and Plus500 Contact Details
Being able to contact an online trading platform simply is important. First Trade and Plus500 have the following contact details and social medias that you can use.
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| Broker | First Trade | Plus500 |
| Telephone Number | +972 4-818-9503 | |
| Address | Bldg 25 Matam, Haifa, Haifa, Israel | |
| First Trade Twitter Account | Plus500 Twitter Account | |
| First Trade Facebook Page | Plus500 Facebook Page | |
| First Trade Instagram Account | Plus500 Instagram Account | |
| First Trade LinkedIn Page | Plus500 LinkedIn Page | |
| YouTube | First Trade YouTube Channel | Plus500 YouTube Channel |
| Find Out More |
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Plus500 and First Trade Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of First Trade and Plus500 we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
First Trade vs Plus500 - Awards
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| Broker | First Trade | Plus500 |
| Awards | At the time of writing this First Trade review, and despite First Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Plus500 have won several industry awards over the time they have been running as a financial broker. We list the most recognised awards for Plus500 here.
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First Trade vs Plus500 - Frequently Asked Questions
First Trade vs Plus500 - Headquarters And Year Of Founding
First Trade was founded in 2008 and has its headquaters in USA.
Plus500 was founded in 2008 and has its headquaters in Israel.
What is the minimum deposit for Plus500 or First Trade
The minimum deposit for First Trade is $5.
The minimum deposit for Plus500 is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both First Trade and Plus500 are a good option.
First Trade vs Plus500 - Regulation And Licencing In More Detail
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546.
Both First Trade and Plus500 have a strong collection of rules for ensuring fair trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare First Trade vs Plus500 Commission And Fees
First Trade and Plus500 are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker is not necessarily affected by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you are spending a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are people who are charged when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither First Trade or Plus500 charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by First Trade and Plus500 are comparatively lower. Consequently, you are charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This First Trade vs Plus500 review for 2026 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For First Trade And Plus500
What Languages Do First Trade And Plus500 Support?
Being able to chat completely with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both First Trade and Plus500 support.
How Many Clients Do First Trade and Plus500 Have?
Both First Trade and Plus500 are well known and trusted. It is really important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers First Trade and Plus500 are active on their platform
What Payment Methods Do First Trade and Plus500 Accept?
First Trade and Plus500 both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at First Trade and Plus500
What Can You Trade With First Trade and Plus500?
First Trade offers 101 trading instruments while Plus500 offers 2,000.
Below you will find a full breakdown of what both First Trade and Plus500 offer.
First Trade Review
First Trade vs Plus500:
Table Of Contents
- Compare First Trade vs Plus500
- Benefits of First Trade and Plus500 Compared
- Plus500 and First Trade Mobile App Comparison
- First Trade vs Plus500 - Awards
- First Trade vs Plus500 - Frequently Asked Questions
- What is the minimum deposit for Plus500 or First Trade
- First Trade vs Plus500 - Regulation And Licencing In More Detail
- Compare Broker Fees For First Trade And Plus500
- What Languages Do First Trade And Plus500 Support?
- How Many Clients Do First Trade and Plus500 Have?
- What Payment Methods Do First Trade and Plus500 Accept?
- What Can You Trade With First Trade and Plus500?

