First Trade vs Plus500, Who's The Best?
Read our In-Depth First Trade vs Plus500 Review - Updated for 2026
This comprehensive analysis of First Trade and Plus500 has been updated to reflect any changes for 2026 from seasoned professionals boasting years of 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 some advantages and disadvantages, and a complete analysis of First Trade vs Plus500 should not be regarded as thorough without adopting a fair assessment.
Compare Plus500 and First Trade in order to understand how these platforms stack up against each prior to you decide to make an account. Conducting a side-by-side comparison helps to put things into perspective in order that you remain informed about what to expect.
So you are looking for a broker and are choosing between First Trade or Plus500. Who is better in 2026?
This 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 comprehensive knowledge. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. First Trade and Plus500 are two such platforms that will take you and your investment to great heights. It's important that you 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 full First Trade vs Plus500 Review covers everything you need to learn about trading with either First Trade or Plus500. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you select them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
First Trade and Plus500 are both brokers that have paved their way successfully into the broker world. Within this review, we've tried to collate some of the vital facets of both First Trade and Plus500. This review will allow you to understand whether either Plus500 or First Trade is a fantastic fit for your own investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Benefits of First Trade and Plus500 Compared
First Trade offers 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 whilst Plus500 allows you to trade around 101 available.
The more financial instruments you can trade on the First Trade and Plus500 trading 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 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 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
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver 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 both 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. 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 a lot of industry awards over the years they have been running as an online broker. We list the most recognised awards for Plus500 below.
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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 needs, 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 data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare First Trade vs Plus500 Commission And Fees
First Trade and Plus500 are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this objective.
The first sort of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are those that are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither First Trade or Plus500 charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as daily or weekly trading.
However, non-trading fees billed by First Trade and Plus500 are comparatively lower. As a result, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This First Trade vs Plus500 review for 2026 breaks down every one of the applicable 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 easily with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
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 established with their client base. It is really important to work with an online broker you can trust 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 whilst 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?

