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- GAIN Capital Group vs Plus500 – Compare brokers, review spreads, costs, commissions regulations
GAIN Capital Group vs Plus500
In the table above we compare FX Broker GAIN Capital Group vs FX BrokerPlus500 .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:
1. Compare Regulations: GAIN Capital Group vs Plus500
Is Broker Plus500 regulated or is Broker Plus500 regulated?
Compare GAIN Capital Group vs Plus500 and find out who is regulated and where.
In the event GAIN Capital Group or Plus500 goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates GAIN Capital Group, and who regulates Plus500
2. Compare Account types: GAIN Capital Group vs Plus500
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare GAIN Capital Group vs Plus500 in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on GAIN Capital Group’s demo account or Plus500 ‘s demo account? Do you neem direct market access or need to access GAIN Capital Group’s API or Plus500’s API?
What initial deposit is GAIN Capital Group asking for and what initial deposit is Plus500 asking for?
3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare GAIN Capital Group vs Plus500 and see who offer more or less currency pairs.
4. Customer Service
One of the most important aspects is GAIN Capital Group’s customer service vs Plus500’s customer service. As if you have an issue you would like to speak or chat to someone immediately.
5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on GAIN Capital Group’s FX trading platform or Plus500’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare GAIN Capital Group vs Plus500 and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare GAIN Capital Group’s fees vs Plus500 ‘s fees.
For those that a different style of trading, compare GAIN Capital Group vs Plus500 to see who offers, Mirror Trader, ZuluTrade, or Signal Trader
If you would like to trade with your IOs or windows mobile platform compare GAIN Capital Group vs Plus500 and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either GAIN Capital Group or Plus500
For any further questions feel free to comment below. If you would like to leave a review of GAIN Capital Group or review Plus500, feel free to do so too.
| Product Name |
GAIN Capital GroupPlus500 |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | FX Brokers FX Brokers |
| Category | Forex Broker Forex Broker |
Broker
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|
| Website | www.plus500.com |
| Broker Type | DMA/STP Market maker |
| Broker Country | United States United Kingdom |
| Regulation | NFA, CFTC, FCA UK, FSA Japan, FSC Hong Kong, ASIC, FINRA FCA UK |
| Indipendant Broker | Independent broker. Independent broker |
| Year in Industry | 1999 2008 |
Account
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|
| Accept US Clients | Yes Yes |
| Mini account deposit | $100000 $100 |
| Standard account deposit | $100000 $100 |
| ECN account deposit | $100000 |
| Trading account currency | USD Account EUR Account, GBP Account, CHF Account, JPY Account, CAD Account, AUD Account, NZD Account, PLN Account |
| Leverage Account | 50 : 1 Mini account 294 : 1 |
| Minimal size lot | 1 lot 0.01 lot |
| Leverage Mini account | Mini Account, Standard Account, ECN Account Mini Account, Standard Account |
Payments
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|
| Funding method | Bank Wire, Check, Debit Card Bank Wire, Credit Card, Skrill, PayPal |
| Withdrawal method | Bank Wire, Check Bank Wire, Check, Skrill, PayPal |
Costs
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|
| Commissions | yes no |
| Costs & Spreads | variable fixed |
| Costs/Lowest spreads on EURUSD | 0.2 pips Mini account 0.8 pips |
Trading
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|
| Premium trading | Premium trading tools no |
| Scalping | yes no |
| Hedging | |
| EAs allowed | yes no |
Platform
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|
| Trading platform type | MT4 (UK office) Desktop/Mobile/iOS/Android/BlackBerry, FOREXTrader Pro/Web, GAIN GTX, eSignal, Strategy Runner, Autochartist, OEC Trader, GQC Trader, ZuluTrade Plus500 Desktop/iOS/Android/Smartphone/Mobile, Web Trader |
| Platform time zone | EST (GMT-5) adjustable |
| Decimal pricing | 5 digits 4 digits |
| Trailing stops | Trailing Stoploss Trailing Stoploss |
| OCO orders | OCO orders No OCO orders |
| One click | One click trading No One click trading |
| Mobile trading | |
| Webtrading | |
| API Solutions |
Products
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|
| Currency pairs | 48 fx pairs (20 exotic) 59 fx pairs |
| Exotic Pairs | Exotic Forex Pairs |
| Gold Silver | Gold, Silver Gold, Silver |
| CFD Trading | CFD trading CFD trading |
| Other instruments | Indices, Equities, Options, ETFs, Mutual Funds Stocks, Indices, Commodities, Energies, ETFs |
Other
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|
| MAM PAMM LAMM | MAM no |
| Managed Accounts | Yes No |
| Swap free accounts | Yes No |
| Segregated client accounts |
Promotions and Offers
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|
| Bonuses (T&Cs apply) | No Yes |
| Contests | No No |



