Plus500 vs Tradovate: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributePlus500Tradovate
Licence Score92Very strong56Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record101
1 FCA United Kingdom Licensed · FRN 509909—
1 ASIC Australia Licensed—
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore Licensed—
2 CySEC Cyprus Licensed—
2 FSCA South Africa Licensed—
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
2 EFSA Estonia Licensed—
4 FSA (Seychelles) Seychelles Licensed—
Founded20082014
HeadquartersIsraelUnited States
TypeForex & CFD brokerFutures broker (FX futures)
Publicly listedLSE:PLUSNo
PlatformsProprietaryProprietary
Minimum depositUS$100—
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Frequently asked questions

Is Plus500 or Tradovate better regulated?

Plus500 has the higher Licence Score (92 vs 56), based on the number and tier of licences, operating history and public listing.

Which regulators license both Plus500 and Tradovate?

Both are matched to licences from CFTC / NFA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.