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Best Plus500 Alternatives ranked by AI · updated Aug 2026

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Plus500 is a retail trading platform focused primarily on CFDs across forex, stocks, indices, commodities, cryptocurrencies and other markets. It provides a simplified interface with risk-management orders, alerts and mobile access.

Developer: Plus500 Price: Free; spreads and other trading fees vary 🎯 plus500.com

Top 6 Plus500 alternatives

4 Avatrade logo

Avatrade

AvaTrade

AvaTrade is an online broker for retail traders seeking access to forex, CFDs, options, and other leveraged products. It offers proprietary and...

Pros

  • Offers forex, CFDs, options, and copy-trading tools in one account
  • Supports MetaTrader alongside its own AvaTradeGO platform
  • Provides fixed-spread pricing on selected instruments

Cons

  • CFD and leveraged trading carries substantial loss risk
  • Spreads can be less competitive than specialist forex brokers
  • Inactivity and overnight financing fees can reduce returns

Variable spreads; no commission on most instruments; fees vary by region

FBS Trader is a mobile trading platform from FBS for retail traders accessing forex, stocks, indices, commodities and cryptocurrencies through CFDs. It...

Pros

  • Combines multi-asset CFD trading with account management in one mobile app
  • Offers leveraged trading and fractional exposure on selected instruments
  • Includes built-in charts, market analysis and trade monitoring

Cons

  • Availability and instrument selection vary by country and FBS entity
  • Less extensible than MetaTrader for automated strategies and custom indicators
  • CFD leverage can create substantially higher risk than unleveraged investing
6 Legacy FX logo

Legacy FX

AN Allnew Investments Ltd

LegacyFX is an online broker offering forex and CFD trading through MetaTrader 5 and web-based tools. It targets retail traders with multiple...

Pros

  • Offers forex and CFD access through MetaTrader 5
  • Provides market analysis and educational resources for retail traders
  • Supports several account tiers with different service levels

Cons

  • Regulatory protection and availability vary by client jurisdiction
  • CFD leverage can produce substantial losses beyond simple trading fees
  • Less transparent pricing information than leading publicly listed brokers

Variable spreads; account conditions vary

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