Head to head

Exness vs Plus500

Exness is licensed by FSCA in South Africa, CMA (Kenya) in Kenya, CMA (UAE) in the United Arab Emirates, FCA in the United Kingdom and CySEC in the European Union, and also has an offshore registration. Plus500 is licensed by FCA in the United Kingdom, CySEC in the European Union, EFSA (Estonia) in the European Union, ASIC in Australia, FMA (New Zealand) in New Zealand, FSCA in South Africa, MAS in Singapore, JFSA in Japan, CFTC / NFA in the United States, DFSA in the United Arab Emirates (DIFC), CMA (UAE) in the United Arab Emirates and SCB in the Bahamas, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $10 at Exness and $0 at Plus500. Both offer negative balance protection and segregated client money.

Facts last checked: Exness on 20 October 2026, Plus500 on 20 October 2026.

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Broker 2
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Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Comparing
ExnessSeychelles
Plus500United Kingdom

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
Not yet checked
Official websites
  • exness.com
  • exness.eu
  • exness.uk
  • exness.ke
  • plus500.com
  • plus500.com.cy
  • plus500.com.sg
  • plus500.com.sc
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Exness (SC) Ltd
Plus500UK Ltd
FSA Seychelles
Seychelles
FCA
United Kingdom
Regulation level
Offshore registration only
Strictly regulated
Licence number
SD025 (Securities Dealer)
Check the register
Clients this company serves
Clients who sign up through exness.com (Exness assigns the company by country; it names it in the client agreement)
UK residents
All licences held
  • FSA Seychelles (Seychelles)
  • FSC (BVI) (British Virgin Islands)
  • FSCA (South Africa)
  • CMA (Kenya) (Kenya)
  • CMA (UAE) (United Arab Emirates)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • EFSA (Estonia) (European Union)
  • ASIC (Australia)
  • FMA (New Zealand) (New Zealand)
  • FSCA (South Africa)
  • MAS (Singapore)
  • JFSA (Japan)
  • CFTC / NFA (United States)
  • DFSA (United Arab Emirates (DIFC))
  • CMA (UAE) (United Arab Emirates)
  • SCB (Bahamas)
  • FSA Seychelles (Seychelles)
None
FSCS (UK, Plus500UK Ltd clients); other countries differ

Costs

Your monthly cost
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Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Yes
Not yet checked

Leverage and margin

Up to 1:Unlimited on some accounts (offshore companies)
1:30 on major currency pairs (UK, EU and Australian retail clients)
Retail leverage by asset class
Not yet checked
  • Major currency pairs: 1:30
  • Other currency pairs: 1:20
  • Other commodities and non-major indices: 1:10
  • Share CFDs: 1:5
60% (Standard); 30% (Pro, Zero, Raw Spread)
Not yet checked
Stop-out level
0% (stocks differ)
Not yet checked

Account

Minimum deposit (this account)
No accounts listed
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Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Exness Terminal
  • Exness Trade app
  • Plus500 web platform
  • Plus500 mobile app
Markets
Currency pairs, metals, cryptocurrencies, energies, stocks and indices as CFDs
CFDs on currency pairs, indices, commodities, shares and ETFs; futures in the US
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
Not yet checked
Not yet checked
Withdrawal fee
No withdrawal fees from Exness; third-party fees may apply depending on the payment method
No deposit or withdrawal fees from Plus500 (UK site)
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • Licences confirmed with the FSCA in South Africa, the CMA in Kenya and the UAE's Capital Market Authority
  • Low $10 minimum deposit on the Standard account and no withdrawal fees from Exness
  • Exness says client money is held in segregated accounts and retail accounts have negative balance protection
  • Licensed by strict regulators in the UK, EU, Australia, New Zealand, Singapore, Japan and the US
  • UK client money is held in segregated accounts under FCA client money rules
  • No deposit or withdrawal fees and no fees for opening or closing trades on the UK site; costs are in the spread
Watch out for
  • Most retail clients join offshore companies (FSA Seychelles or BVI FSC), and the strictly regulated UK and Cyprus companies do not accept retail clients
  • Exness also says it holds licences from the Central Bank of Curaçao and Sint Maarten (Exness B.V., 0003LSI), the FSC of Belize (Forexite Ltd., 9110312), the FSC of Mauritius (Exness (MU) Ltd, GB20025294), the Jordan Securities Commission (Exness Limited Jordan) and an FSCA ODP authorisation for Exness (SC) Ltd. We could not confirm these on the regulators' registers on 2026-10-20.
  • Leverage up to 1:Unlimited and a 0% stop-out mean a position can be closed only when your margin is gone
  • Plus500 says Plus500CA Ltd is a CIRO investment dealer and Plus500IL is regulated by Israel's ISA. We could not find Plus500CA on CIRO's dealer list or reach the ISA register on 2026-10-20.
  • Only Plus500's own platform; no MetaTrader or TradingView accounts
  • The FCA has warned about clone sites using Plus500's name, including plus500un.com, plus500v.com, p500.io and p500.online
  • No minimum deposit we could confirm on the current UK site; check it in the app before you fund

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Exness: Risk Warning: Our services relate to complex derivative instruments requiring appropriate knowledge and understanding. Their prices may fluctuate rapidly and may become valueless. Trading involves a high risk of loss, with traders likely to incur losses exceeding the potential for profits. Losses may extend up to the full amount of funds in the trading account. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity.

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Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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