Plus500 vs 24option
Plus500 is a broker offering CFD trading on indices, currencies, commodities, stocks and, for some time now, crypto currencies. Founded in 2008 and now headquartered in Israel, Plus500UK Ltd is authorized and regulated by the UK Financial Services Authority (FRN 509909). 24option was founded in 2010 and initially specialised in binary options trading. However, this is no longer offered in Europe. Instead, since 2018 24option has focused entirely on trading Forex and CFDs. The broker is based in Cyprus and is regulated by the Cypriot financial supervisory authority CySec.
| Broker | Plus500 | 24option | XM |
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Israel | Cyprus | Cyprus |
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2008 | 2010 | 2009 |
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$ 100 | $250 | $5 |
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1:30 | 1:400 | 1:500 |
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0.5 Unit Amount | 0.01 Lots | 0.01 Lots |
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0.60 | 3.00 | 0.50 |
| View all spreads | View all spreads | View all spreads | |
| 76.4% of retail CFD accounts lose money | 74-89% of retail investor accounts lose money | 74-89% of retail investor accounts lose money | |
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60 | 40 | 57 |
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2045 | 139 | 356 |
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| View Instruments | View Instruments | View Instruments | |
| 76.4% of retail CFD accounts lose money | 74-89% of retail investor accounts lose money | 74-89% of retail investor accounts lose money | |
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| read more | Read more | Read more | |
| 76.4% of retail CFD accounts lose money | 74-89% of retail investor accounts lose money | 74-89% of retail investor accounts lose money |