First Trade vs Plus500, 2026 Update
Read our In-Depth First Trade vs Plus500 Review - Updated for 2026
Our review comparing First Trade and Plus500 has been refreshed for 2026 from industry experts with extensive expertise across Forex, Social Trading, & CFDs.
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
Each trading platforms feature a few advantages and disadvantages, so any comprehensive analysis of First Trade vs Plus500 would not be complete without having a balanced approach.
Assess Plus500 and First Trade in order to understand the way they compare against each before you decide to open an account. A side-by-side comparison helps to bring aspects in perspective to ensure that you are informed about the expectations.
So you are looking for a broker and are choosing between First Trade or Plus500. Which one is best in 2026?
Our First Trade vs Plus500 comparison contains the most recent information so you can easily compare Plus500 against First Trade.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker since you continue trading. For starters, you need to choose the right agent who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. First Trade and Plus500 are two such companies that will take you and your investment into great heights. It's crucial that you compare First Trade vs Plus500 before you trust them with your cash.
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 all you need to know about trading using either First Trade or Plus500. A fantastic agent can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It's a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
First Trade and Plus500 are both brokers which have found their way successfully into the broker world. In this review, we've attempted to collate a number of the important facets of both First Trade and Plus500. This review will help you to know whether either Plus500 or First Trade is a good match for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
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 allows you to trade around 101 financial instruments while Plus500 allows you to trade around 101 financial instruments on their platform.
The more 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 seriously do not 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 a broker through many ways is vital. 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.
This part of comparing First Trade and Plus500 will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 numerous industry awards over the time they have been operating as an online trading platform. We detail the most notable 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 head office 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 circumstances, 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 powerful collection of rules for ensuring fair trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare First Trade vs Plus500 Commission And Fees
First Trade and Plus500 are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you are paying a spread, funding speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people that are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither First Trade or Plus500 charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, such as daily or weekly trading.
But, non-trading fees billed by First Trade and Plus500 are comparatively competitive. As a result, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of resources.
This First Trade vs Plus500 review for 2026 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For First Trade And Plus500
What Languages Do First Trade And Plus500 Support?
Being able to communicate completely with your online broker is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both First Trade and Plus500 offer communication in.
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 professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many users First Trade and Plus500 are working with
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?

