Fortissio is an online Forex and CFD broker based in Greece. The brand offers currencies, stocks, indices, cryptocurrencies, commodities and ETFs for trading on its TickTech platform.
|#||Broker's Features||PLUS500 Availability||FORTISSIO Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Plus500 vs Fortissio.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Plus500 offers Online Financial Trading and Investment Services Such as Shares, Indices, Forex, Cryptocurrencycurrency and Commodities, while Fortissio offers Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Plus500 is Market Maker, while Fortissio is STP.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Plus500 is regulated by FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP, while Fortissio regulated by HCMC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. Plus500 offers USD different account currencies for each account types, while Fortissio offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Plus500 offers English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian, Chinese, while Fortissio offers Arabic, English Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Plus500 offers Credit/Debit Cards, Bank Transfer, PayPal, Skrill different payment methods for each account types, while Fortissio offers Neteller, PayPal, Skrill, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Plus500 makes Proprietary, WebTrader available to clients, while Fortissio offers TickTech.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Plus500 is more reliable based on our criteria above. Only Plus500 offers demo account, allowing you to test their platform to see which is suitable for you. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Plus500 broker is regulated in more major hubs. Plus500 offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Plus500 offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Plus500 has a wider range of languages in which customer service is offered making the broker more accessible. As a market maker, Plus500 may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades. Only Plus500 provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
Plus500 has a simple, easy to use trading platform, the mobile one is especially well designed. The account opening process is fully digital and seamless. Spreads are competitive, and Plus500 has some innovative solutions, such as cryptocurrency CFDs.
Plus500 has limited product portfolio, provides only CFDs. It has high financing rates. Some standard research tools, like recommendations, fundamental data, or news feeds are missing from the Plus 500 platform.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.