FP Markets vs Plus500 for Norway Traders (2026)

When comparing trading costs for Norway traders, FP Markets has a clear advantage with spreads starting from 0.0 pips on major forex pairs and a commission of $3 per lot per side. Plus500, on the other hand, uses variable spreads that average around 0.6 pips for EUR/USD but do not charge commission. For high-volume traders in Norway, FP Markets is significantly cheaper, especially for scalping or day trading. Plus500’s spreads can widen during news events or low liquidity, potentially increasing costs for Norwegian traders. If you trade frequently, FP Markets offers better value, while Plus500 may be acceptable for occasional traders.

FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all popular among Norwegian traders for advanced charting, automated trading, and customizable indicators. Plus500 offers its proprietary web-based platform and mobile app, which are intuitive but lack advanced tools like EA support or depth of market. For Norway traders who rely on technical analysis or algorithmic trading, FP Markets is the better choice. Plus500’s simplicity may appeal to beginners or those who prefer a straightforward trading experience without complex features.

FP Markets offers ECN execution with average execution speeds under 40ms and no requotes, ideal for scalpers and high-frequency traders in Norway. Plus500 uses a market maker model, which may result in slippage during volatile markets and potential requotes. For Norway traders who value fast, reliable execution, especially when trading major forex pairs or indices, FP Markets is superior. Plus500’s execution is adequate for casual traders but not for those who need precision and speed.

FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), providing a high level of security through client fund segregation and negative balance protection. Plus500 is regulated by multiple authorities including the FCA (UK) and CySEC, offering similar protections. For Norway traders, neither broker is directly regulated by the local Norwegian financial regulator, but both comply with international standards that are recognized in Norway. FP Markets’ regulation under ASIC is particularly strong, offering a robust framework for dispute resolution. Traders should be aware that deposits are protected but may not fall under Norwegian investor compensation schemes.

Norway traders have several deposit options with FP Markets, including Bank Transfer, Skrill, Neteller, and USDT TRC20, all processed quickly and often with no fees. Plus500 supports Bank Transfer and major credit/debit cards but does not accept Skrill, Neteller, or USDT TRC20 for Norwegian clients. Withdrawals at FP Markets are typically processed within 1-2 business days, while Plus500 can take 2-5 days. For Norwegian traders who prefer modern payment methods like Skrill or Neteller, FP Markets is more convenient. USDT TRC20 is also a unique option for crypto-savvy traders, offering near-instant deposits and withdrawals with low costs.

Both FP Markets and Plus500 offer Islamic accounts (swap-free) for Muslim traders in Norway. FP Markets provides Islamic accounts with no swap fees on overnight positions across most instruments, making it suitable for long-term traders. Plus500 also offers swap-free accounts, but availability may vary depending on the trading instrument and regulatory restrictions. Both brokers require a declaration of faith for eligibility. For Norway Muslim traders seeking sharia-compliant trading, FP Markets offers more flexibility with lower spreads, while Plus500 provides a simpler application process. Always verify terms with customer support before opening an Islamic account.

FP Markets offers 24/5 customer support via live chat, email, and phone, with dedicated account managers for premium clients. Plus500 provides 24/7 support through live chat and email, but phone support is limited to certain hours. For Norway traders, FP Markets’ multilingual support includes Norwegian-friendly hours, while Plus500’s support is primarily in English. Both brokers have comprehensive FAQ sections, but FP Markets’ personalized service may be more beneficial for Norwegian clients needing assistance with local payment methods or account queries.