Interactive Brokers vs Plus500

Interactive Brokers vs Plus500 Comparison Table 2023
Interactive Brokers	Plus500
Review 4.3 Interactive Brokers is #12 in our CFD broker rankings.	Review 4.1
Traders from US accepted	Traders from US not accepted
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.	Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker also has a high safety rating with licenses from reputable regulators, including in the UK, Europe and Australia.
	79% of retail CFD accounts lose money.
Pros
	No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders Authorized by tier-one regulators including the FCA
Cons
	No MetaTrader 4 integration $10 monthly inactivity fee No copy trading
Awards
	Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants	CFDs (forex, commodities, ETFs, options, etc.), Shares, Futures
Demo Account
Yes	Yes
Minimum Deposit
$10000	$100
Payment Methods
ACH Transfer Apple Pay Automated Customer Account Transfer Service Cheque Credit Card Google Wallet JCB Card Mastercard Payoneer Samsung Pay Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Mastercard PayPal POLi Skrill Swift Trustly Visa Wire Transfer
Minimum Trade
$100	Varies by asset
Regulator
SEC, FCA, IIROC, SFC	FCA, MAS, CySEC, ASIC, FSA, FSCA, FMA, DFSA, EFSA
Margin Trading
Yes	Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
Yes	No
OmniTrader
Yes	No
TradingView
No	No
Autochartist
No	No
eSignal
Yes	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android and Windows	iOS, Android and Windows
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
0
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF	USD EUR GBP AUD ZAR CZK
Stock Exchanges
Borsa Italiana CAC 40 Index France Chicago Mercantile Exchange Euronext IBEX 35 Japan Exchange Group Korean Stock Exchange London Metal Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics New York Stock Exchange Russell 2000 Shenzhen Stock Exchange Toronto Stock Exchange	Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext London Stock Exchange SIX Swiss Exchange
Commodities
Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc	Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Livestock Oil Platinum Silver Soybeans Steel Sugar
CFD Trading
	Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with flexible leverage and competitive spreads.
Leverage
1:50	1:30
FTSE Spread
0.005% (£1 Min)	Variable
GBPUSD Spread
Commission (.20 pts x trade value)	Variable
Oil Spread
N/A	Variable
Stocks Spread
From 0.003 per share, variable	Variable
Forex Trading
	Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.
Forex App
	Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
GBPUSD Spread
Commission (.20 pts x trade value)	Variable
EURUSD Spread
Commission (.20 pts x trade value)	Variable
EURGBP Spread
Commission (.20 pts x trade value)	Variable
Assets
70+	70+
Cryptocurrency
	Crypto trading not offered
Spread
	Variable
Coins
BTC LTC ETH XRP	BCH BTC ETH LTC XRP IOTA NEO EOS XMR
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	79% of retail CFD accounts lose money.
More Comparisons
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