Forex EE
Plus500
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Plus500 was established in 2008 and is based in Israel. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. Forex EE serves 10,000+ clients worldwide; Plus500 has 1,000,000+. Both brokers share the same minimum deposit of $100.
| Feature | Forex EE | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Ministry of Economic Affairs in Estonia | 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 |
| Founded | 2008 | 2008 |
| Country | Grenadines | Israel |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and Plus500, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Forex EE charges withdrawal fees while Plus500 does not, a notable advantage for frequent withdrawers. Plus500 applies inactivity fees on dormant accounts; Forex EE does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex EE | Plus500 |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Forex EE offers MT5, cTrader, while Plus500 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Plus500 supports social and copy trading features, which Forex EE does not offer. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | Plus500 |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and Plus500 compare. Plus500 runs regular live webinars; Forex EE does not. Both provide video tutorials. Plus500 publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | Forex EE | Plus500 |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Plus500 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Plus500 uniquely supports PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | Forex EE | Plus500 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex EE and Plus500 offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE supports 2 languages and Plus500 supports 15, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Forex EE | Plus500 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |