FP Markets vs Plus500: Which Broker Suits China Traders in 2026?

Spread costs are a major factor for China traders, especially those trading high volumes. FP Markets offers Raw spreads from 0.0 pips with a $3 commission per lot, while Plus500 uses variable spreads starting around 0.6 pips on EUR/USD with no commission. For a China trader executing 10 lots per month, FP Markets could save $60–$100 monthly compared to Plus500. Additionally, FP Markets provides ECN-like execution with tighter spreads during volatile Asian sessions. Plus500’s spreads are competitive for retail traders but widen during news events. Overall, FP Markets is more cost-effective for active China traders.

FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own IRESS platform, all available in Chinese language. This is ideal for China traders who prefer advanced charting, Expert Advisors (EAs), and algorithmic trading. Plus500 provides a proprietary web and mobile platform that is intuitive but lacks advanced tools like EAs. For China traders who value automation or custom indicators, FP Markets is superior. However, Plus500’s platform is simpler for beginners and supports one-click trading, which may appeal to casual traders.

FP Markets uses ECN/STP execution with no dealing desk, offering average execution speeds under 30ms and minimal slippage. This is crucial for China traders using scalping or high-frequency strategies. Plus500 uses market maker execution, which can lead to requotes during volatile markets. FP Markets’ execution quality is superior for active traders, while Plus500’s model suits longer-term positions.

FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), offering strong investor protection including negative balance protection. Plus500 is regulated by FCA (UK), CySEC, and ASIC, with client funds held in segregated accounts. Neither broker is regulated by the CSRC, which is standard for offshore brokers serving China traders. Both comply with international standards, but FP Markets’ ASIC oversight is particularly strict. For China traders, this means funds are safer with FP Markets, though Plus500 also maintains a solid regulatory record.

FP Markets supports USDT (Tether) deposits, which is a game-changer for China traders facing capital controls. You can deposit USDT via TRC20 or ERC20 networks, with no fees and fast processing. International bank transfers (SWIFT) are also accepted but may take 2–5 business days. Plus500 only accepts international bank transfers and credit/debit cards, with no cryptocurrency options. Withdrawals at FP Markets are processed within 24 hours for USDT, while Plus500 takes 1–3 days. For China traders, FP Markets’ USDT support provides a convenient, low-cost way to fund accounts without relying on traditional banking channels.

FP Markets offers Islamic (swap-free) accounts upon request, with no additional fees or restrictions on trading styles. Plus500 automatically applies swap-free status for eligible clients, ensuring no overnight interest is charged. Both brokers meet Sharia law requirements, making them suitable for China Muslim traders. However, FP Markets provides more flexibility with account types (e.g., Islamic Raw accounts with low spreads), while Plus500’s swap-free feature is standard across all accounts.

FP Markets provides 24/5 multilingual support via live chat, email, and phone, with Chinese-speaking agents available. Plus500 offers 24/7 live chat and email support in multiple languages, including Chinese. Both brokers have comprehensive FAQs. FP Markets’ support is slightly more responsive for technical issues, while Plus500 excels in quick query resolution. For China traders, FP Markets’ dedicated account managers for high-volume clients add value.