Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: FxPro Elitevs Plus500 Standard

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes FxPro Elite Different from Plus500 Standard?

Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.

FxPro Elite

The FxPro Elite account is one of the broker’s commission-based, tight-spread account options. According to Broker Alarab data, the listed spread is 0.0 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. We categorize Elite for general traders, making direct comparisons with Raw+ and Standard useful for understanding its pricing structure.

Plus500 Standard

The Plus500 Standard account is the standard option categorized by Broker Alarab for general traders seeking a straightforward pricing model without a separate dealing commission. According to our data, spreads range from 0.6–1.2 pips with a recorded average of 1.0 pip, the separate commission is $0, the minimum deposit is $100 and orders use Market Execution.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

FxPro
Elite
Plus500
Standard

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

FxPro
FxPro
Plus500
Plus500

Account Name

FxPro
Elite
Plus500
Standard

Account Type

FxPro
raw
Plus500
standard

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

FxPro
FCA | CySEC | SCB | FSCA
Plus500
FCA | ASIC | CySEC | MAS | FMA

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

FxPro
0.0
Plus500
0.6 - 1.2

Minimum Recorded Spread

Based on the available account information.

FxPro
0
Plus500
0.6

Average Recorded Spread

FxPro
0.1
Plus500
1

Advertised Commission

FxPro
Not specified
Plus500
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

FxPro
$100
Plus500
$100

Order Execution Method

FxPro
Market Execution
Plus500
Market Execution

Trading Platforms

Available platforms may differ by account type.

FxPro
MT4 | MT5 | cTrader | TradingView
Plus500
WebTrader | Mobile App

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

FxPro
Not classified in this category
Plus500
Not classified in this category

05 — Broker Information and Regulation

Broker-level information does not guarantee that every license applies to the selected account.

Listed Regulatory Licenses

FxPro
FCA | CySEC | SCB | FSCA
Plus500
FCA | ASIC | CySEC | MAS | FMA

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

FxPro
1:400
Plus500
1:300

Open a Trading Account

FxPro
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Plus500
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

Broker Alarab's Assessment of Both Accounts

We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

FxPro logo

FxPro

Elite

Plus500 logo

Plus500

Standard

Broker Alarab's Assessment

We see FxPro Elite as an account that should be evaluated using complete trading cost rather than the spread figure alone. Our data lists a 0.0 pip spread with a $7-per-lot commission, making commission an essential pricing component. Since its minimum deposit matches the other FxPro accounts in our data, comparisons with Raw+ and Standard matter more than the entry requirement itself.

Broker Alarab's Assessment

We see the Plus500 Standard account as offering a straightforward structure for traders who prefer not to pay a separate dealing commission, with a $100 minimum deposit and recorded spreads of 0.6–1.2 pips averaging 1.0 pip. Its main strength is pricing simplicity, but a proper cost assessment should consider actual spreads and other potential charges rather than treating a $0 commission as equivalent to cost-free trading.

Account Advantages

  • ✓Listed spread is 0.0 pips according to Broker Alarab data
  • ✓Clearly defined commission of $7 per lot
  • ✓Minimum deposit is $100 in our data
  • ✓Categorized for general traders within our account data
  • ✓Provides a pricing structure clearly different from the commission-free Standard account

Account Advantages

  • ✓No separate dealing commission according to Broker Alarab data
  • ✓The recorded spread starts from 0.6 pips
  • ✓The recorded average spread is 1.0 pip
  • ✓The recorded minimum deposit is $100
  • ✓Relatively straightforward pricing because the primary trading cost is spread-based rather than a separate commission

Disadvantages and Considerations

  • !Carries a separate $7-per-lot commission
  • !A 0.0 spread does not mean trading is cost-free
  • !Cumulative commission becomes increasingly important as total traded lots rise
  • !The account requires direct comparison with Raw+ because their commission and deposit requirements are similar

Disadvantages and Considerations

  • !No separate commission does not mean trading is cost-free
  • !The recorded spread can reach 1.2 pips rather than remaining fixed at 0.6 pips
  • !Other costs related to account activity can apply in addition to the spread
  • !Total pricing should be compared with tight-spread commission-based accounts offered elsewhere

Who Is This Account Suitable For?

  • •Traders researching the FxPro Elite account and its effective costs
  • •Users who place high importance on tight spreads and accept a separate commission
  • •Traders comparing Elite with Raw+ before choosing an FxPro account
  • •Users who evaluate trading cost using both commission and spread rather than focusing on one component

Who Is This Account Suitable For?

  • •General traders according to Broker Alarab account categorization
  • •Users who prefer an account without a separate dealing commission
  • •Traders seeking a pricing structure based primarily on the spread
  • •Users comfortable with a recorded $100 minimum deposit requirement

Detailed Account Analysis

What Does a 0.0 Spread Mean on the FxPro Elite Account?

Broker Alarab data lists a 0.0 pip spread for Elite, but this figure does not mean the transaction cost is zero. The account carries a $7-per-lot commission, so commission needs to be included in any effective cost calculation. This is particularly important for traders searching for the FxPro Elite spread because the spread figure alone does not provide a complete view of pricing. Lot size and transaction frequency determine how strongly commission affects total costs.

FxPro Elite vs Raw+: What Is the Difference?

According to Broker Alarab data, Elite and Raw+ both carry a $7-per-lot commission, a $100 minimum deposit and Market Execution. Raw+ has a listed 0.0–0.3 pip spread range, while Elite has a listed spread of 0.0. The accounts therefore share several pricing characteristics, but each should be evaluated using its own data rather than assuming that matching commissions automatically mean identical costs or use cases.

FxPro Elite vs Standard: Tight Spread or No Commission?

Comparing Elite with Standard makes the pricing difference clearer. Elite has a listed 0.0 pip spread with a $7-per-lot commission, while Standard uses 1.2–1.5 pip spreads without a separate commission. Both start at $100 in our data. Traders are therefore comparing a commission-based tight-spread model with an account that places more of its cost within the spread. The effective result depends on trading volume and transaction frequency.

Detailed Account Analysis

How Is the Plus500 Standard Trading Cost Structured?

According to Broker Alarab data, the separate commission on the Plus500 Standard account is $0, while the recorded spread ranges from 0.6–1.2 pips with a 1.0-pip average. Account pricing is therefore evaluated primarily through the spread rather than an additional dealing commission on each trade. Commission-free does not mean cost-free, however, because the difference between the buy and sell price remains an important trading-cost component, alongside any other charges that may apply depending on account activity.

Plus500 Spread: Why Is the 0.6-Pip Figure Not the Whole Story?

The minimum spread recorded in the Broker Alarab database is 0.6 pips, but the full recorded range extends to 1.2 pips and the recorded average is 1.0 pip. Traders evaluating the Plus500 Standard account should therefore consider the range and average rather than building a comparison around the lowest figure alone. Spreads should not be assumed to remain fixed, and actual trading costs can differ depending on the instrument and market conditions.

Is Plus500 Standard Suitable for Traders Seeking Simple Pricing?

The account has a relatively straightforward structure: a $0 separate dealing commission with the primary listed trading cost incorporated through the spread. This can be easier to understand than an account combining tight spreads with a separate per-lot commission. Simplicity does not automatically make it the cheapest option, however, so traders should compare actual spreads and total costs according to the instruments, volume and trading style involved.

Important details about the FxPro Elite account

The listed Elite spread is 0.0 pips

This is the value stored in Broker Alarab account data, but it does not mean zero trading cost because the account carries a separate commission.

Elite commission is $7 per lot in our data

Commission should be included in total cost calculations, particularly at larger trading volumes or as the total number of executed lots increases.

The minimum deposit is $100

This is the account requirement listed in Broker Alarab data and is not a recommendation for suitable trading capital or risk.

Important details before using the Plus500 Standard account

$0 commission does not mean zero trading cost

The recorded separate commission is $0, but Plus500 pricing is primarily based on the buy/sell spread. The spread therefore remains a direct trading-cost component, and other charges can apply depending on account activity.

The recorded spread is a range rather than a fixed number

Broker Alarab data records spreads of 0.6–1.2 pips with a 1.0-pip average. The 0.6-pip figure should therefore not be interpreted as a fixed spread applying to every instrument, trade or market condition.

$100 is the recorded minimum, not recommended trading capital

The minimum deposit recorded by Broker Alarab is $100. This figure describes the account requirement only, while appropriate trading capital depends on position size, risk and account-management decisions.

Read the Full Account Review →
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DECISION GUIDE

How to Choose the Right Trading Account

Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.

01

Compare Spreads and Commissions Together

The recorded spread for FxPro Elite is 0.0, while Plus500 Standard shows 0.6 - 1.2. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for FxPro Elite is $100, compared with $100 for Plus500 Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

Compare Trading Platforms and Execution

Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.

04

Verify Regulation and Eligibility

Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.

FREQUENTLY ASKED QUESTIONS

FAQs About FxPro Elite vs Plus500 Standard

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between FxPro Elite and Plus500 Standard?+
The recorded spread for FxPro Elite is 0.0, compared with 0.6 - 1.2 for Plus500 Standard. The advertised commissions are Not specified and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the FxPro Elite account?+
The FxPro Elite account is one of the broker’s tight-spread, commission-based account options. According to Broker Alarab data, the listed spread is 0.0 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. We categorize the account for general traders.
What is the FxPro Elite spread and commission?+
According to Broker Alarab data, the listed FxPro Elite spread is 0.0 pips and commission is $7 per lot. A 0.0 spread does not mean trading is free because commission remains a direct transaction cost. Elite should therefore be evaluated using both commission and spread rather than the spread figure alone.
What is the FxPro Elite minimum deposit?+
The FxPro Elite minimum deposit listed in Broker Alarab data is $100. This matches the minimum stored for the other FxPro accounts in our table. The figure represents an account requirement in our database rather than a recommendation for suitable trading capital, position size or risk.
What is the difference between FxPro Elite and Raw+?+
According to our data, both accounts carry a $7-per-lot commission, a $100 minimum deposit and Market Execution. Raw+ has a listed 0.0–0.3 pip spread range, while Elite has a listed spread of 0.0. The accounts therefore share several characteristics but should still be evaluated using their individual pricing data and structure.
What is the Plus500 Standard account?+
Plus500 Standard is the standard account recorded by Broker Alarab and categorized for general traders. According to our data, spreads range from 0.6–1.2 pips with a recorded average of 1.0 pip, the separate commission is $0, the minimum deposit is $100 and orders use Market Execution. Its pricing structure is based primarily on the spread rather than a separate dealing commission.
What is the Plus500 Standard spread?+
The spread recorded for the Plus500 Standard account in the Broker Alarab database ranges from 0.6–1.2 pips, while the recorded average is 1.0 pip and the recorded minimum is 0.6 pips. The 0.6-pip figure should not be treated as a permanently fixed spread because actual spreads can differ depending on the instrument and market conditions.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.

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