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Interactive Brokers
Doesn't accept traders from VN. See available CFD brokers
Not available in your countryRead Interactive Brokers review
Rating breakdown
- Regulation & trust4.70.3 higher than Plus500 (4.4)
- Assets & markets4.71.2 higher than Plus500 (3.5)
- Fees & costs4.30.3 higher than Plus500 (4.0)
- Platforms & tools3.90.6 higher than Plus500 (3.3)
- Accounts & banking3.90.2 lower than Plus500 (4.1)
- Education4.31.3 higher than Plus500 (3.0)
- Research4.72.7 higher than Plus500 (2.0)
- Customer support3.01.0 lower than Plus500 (4.0)
Plus500’s score. Numbers show the difference.
Plus500
#18 in our CFD broker rankings
Accepts traders from VN
81% of retail CFD accounts lose money.
Rating breakdown
- Regulation & trust4.40.3 lower than Interactive Brokers (4.7)
- Assets & markets3.51.2 lower than Interactive Brokers (4.7)
- Fees & costs4.00.3 lower than Interactive Brokers (4.3)
- Platforms & tools3.30.6 lower than Interactive Brokers (3.9)
- Accounts & banking4.10.2 higher than Interactive Brokers (3.9)
- Education3.01.3 lower than Interactive Brokers (4.3)
- Research2.02.7 lower than Interactive Brokers (4.7)
- Customer support4.01.0 higher than Interactive Brokers (3.0)
Interactive Brokers’s score. Numbers show the difference.
| Interactive Brokers | Plus500 | |
|---|---|---|
| Overview | Interactive Brokers (IBKR) is a premier brokerage, providing access to over 170 markets across 40 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. | Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC. |
| Customer Reviews | Based on 4 customer reviews | Based on 5 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry.” | “Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources.” |
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| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $100 |
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| Minimum Trade | $1 | Variable |
| Regulator | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI |
| Margin Trading | Yes | Yes |
| Margin Rate | 5.5% - 6.13% (depending on account tier) | 2.5% |
| 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 | Yes | No |
| AI / Machine Learning | Yes | Yes |
| Robo Advisor | Yes | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | iOS & Android | iOS, Android & Windows |
| App Review | The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. | Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, 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. |
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| Auto Trading | TWS API | No |
| Copy Trading | No | No |
| Social Trading | No | No |
| VPS Hosting | No | No |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | Yes | Yes |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | Yes |
| Inactivity Fee | $0 | $10 |
| Islamic Account | No | Yes |
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| CFD Trading | ||
| Overview | Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. | Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. |
| Leverage | 1:50 | Yes |
| FTSE Spread | 0.005% (£1 Min) | 2.0 |
| GBPUSD Spread | 0.08-0.20 bps x trade value | 1.3 |
| Oil Spread | 0.25-0.85 | 0.06 |
| Stocks Spread | 0.003 | 1.28 (Apple) |
| Forex Trading | ||
| Overview | IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and over 100 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. | Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. |
| GBPUSD Spread | 0.2 | 1.3 |
| EURUSD Spread | 0.1 | 0.6 |
| EURGBP Spread | 0.3 | 1.5 |
| Assets | 100+ | 60+ |
| Cryptocurrency | ||
| Overview | IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. | Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. |
| Spread | 0.12%-0.18% | Variable |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead Interactive Brokers review