Plus500
profiforex corp
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Overview
Plus500 was founded in 2008 and is headquartered in Israel, while profiforex corp was established in 2018 and is based in Cyprus. Plus500 holds licences including Plus500UK Ltd authorized & regulated by the FCA (#509909), while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. Plus500 serves 1,000,000+ clients worldwide; profiforex corp has 30,000+. The minimum deposit is $100 at Plus500 and $250 at profiforex corp.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | 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 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F297 |
| Founded | 2008 | 2018 |
| Country | Israel | Cyprus |
| Clients | 1,000,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Plus500 and profiforex corp, directly affecting your bottom line as a trader. Plus500 has a lower barrier to entry with a minimum deposit of $100 (vs $250 at profiforex corp). Neither broker charges withdrawal fees. Plus500 applies inactivity fees on dormant accounts; profiforex corp does not. Overall, Plus500 scores higher on fees in our assessment.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Plus500 offers MT4, MT5, cTrader, while profiforex corp supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Plus500 supports social and copy trading features, which profiforex corp does not offer. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Plus500 and profiforex corp compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Plus500 scores higher overall in education and research.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Plus500 accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). profiforex corp uniquely supports Neteller among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Plus500 and profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. Plus500 supports 15 languages and profiforex corp supports 8, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | Plus500 | profiforex corp |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |