Alternatives to Plus500

Here we list the best alternatives to Plus500. Traders that are looking for brokers that are similar to Plus500 on specific features should check the detailed comparison table.

Top 3 Alternatives to Plus500

These brokers are the best alternatives to Plus500 that also accept traders from your location. The brokers are listed in order of similarity in terms of markets and features.
  1. IG - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
  2. Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
  3. AvaTrade - AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

Detailed Comparison

Alternatives to Plus500 2024
Feature Plus500 IG Pepperstone AvaTrade
4.1
4.4
4.8
4.9
Instruments CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $0
Payment Methods
  • Apple Pay
  • Credit Card
  • Debit Card
  • Mastercard
  • PayPal
  • Skrill
  • Trustly
  • Visa
  • Wire Transfer
  • Credit Card
  • Debit Card
  • Mastercard
  • PayPal
  • Visa
  • Wire Transfer
  • BPAY
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • PayPal
  • POLi
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
  • Boleto
  • Credit Card
  • Debit Card
  • FasaPay
  • JCB Card
  • Mastercard
  • MoneyGram
  • Neteller
  • Perfect Money
  • Skrill
  • Swift
  • WebMoney
  • Wire Transfer
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Trading Platforms
  • WebTrader
  • App
  • Web
  • ProRealTime
  • L2 Dealer
  • MT4
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
  • cTrader
  • TradingView
  • AutoChartist
  • DupliTrade
  • WebTrader
  • AvaTradeGO
  • AvaOptions
  • MT4
  • MT5
  • AlgoTrader
  • TradingCentral
  • DupliTrade
Regulator FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
Margin Trading Yes Yes Yes Yes
Margin Rate 2.5% 2%
STP Account No No Yes Yes
ECN Account No No Yes No
DMA Account No Yes Yes Yes
MAM Account No No Yes Yes
PAMM Account No No Yes Yes
LAMM Account No No No No
Demat Account No No No No
AI / Machine Learning No No Yes No
Robo Advisor No Yes No No
Negative Balance Protection Yes Yes Yes Yes
Market Maker Yes Yes No Yes
P2P Trading No No No No
Spot Trading No Yes Yes Yes
Mobile Apps iOS, Android & Windows iOS & Android iOS & Android iOS & Android
Auto Trading No Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading No No Yes Yes
Copy Trading Platform Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals and DupliTrade. However, it lacks support for cTrader Copy and does not offer a proprietary social trading network similar to those found on platforms like eToro or Vantage, which foster lively social trading communities for aspiring traders. AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite.
Social Trading No No No Yes
Trade Signals Yes Yes (Via Chartist Software) Yes
VPS Hosting No Yes Yes No
Tournaments No No No No
Demo Competitions No No No No
Ethical Investing Yes Yes No No
Custodial Account No No No No
Guaranteed Stop Loss Yes Yes No No
Inactivity Fee $10 $12 $0 $50
Islamic Account Yes No Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • DKK
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • London Stock Exchange
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
  • Australian Securities Exchange (ASX)
  • Bombay Stock Exchange
  • Borsa Italiana
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • National Stock Exchange Of India
  • Russell 2000
  • S&P 500
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • SIX Swiss Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • SIX Swiss Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • Deutsche Boerse
  • Euronext
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • Nasdaq
  • Russell 2000
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • SIX Swiss Exchange
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
Commodities
  • Aluminium
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Livestock
  • Oil
  • Palladium
  • Platinum
  • Silver
  • Soybeans
  • Sugar
  • Wheat
  • Aluminium
  • Cannabis
  • Coffee
  • Copper
  • Gold
  • Iron
  • Lithium
  • Natural Gas
  • Nickel
  • Oil
  • Orange Juice
  • Palladium
  • Precious Metals
  • Silver
  • Soybeans
  • Steel
  • Sugar
  • Wheat
  • Aluminium
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Livestock
  • Natural Gas
  • Nickel
  • Oil
  • Orange Juice
  • Palladium
  • Platinum
  • Precious Metals
  • Silver
  • Soybeans
  • Sugar
  • Wheat
  • Zinc
  • Cannabis
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Lithium
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Precious Metals
  • Silver
  • Soybeans
  • Sugar
  • Wheat
CFD Trading 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. IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to enhance the trading experience. Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets. AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities.
Leverage 1:30 1:30 (Retail), 1:250 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (Retail) 1:400 (Pro)
FTSE Spread 1.2 1.0 1.0 0.5
GBPUSD Spread 1.1 0.9 0.4 1.5
Oil Spread 0.04 2.8 2.5 0.02
Stocks Spread 0.08 0.02 0.02 0.13
Forex Trading 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. IG offers an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD. Pepperstone offers ultra-competitive forex spreads averaging 0.12 pips on EUR/USD in the Razor account, accompanied by a diverse portfolio comprising 100+ currency pairs - an extensive selection surpassing most competitors. Additionally, Pepperstone distinguishes itself by offering three currency indices (USDX, EURX, JPYX), not commonly found among alternative platforms. Pepperstone has now won our annual 'Best Forex Broker' award twice. AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education.
Forex App

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.

IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

Pepperstone deliver their MetaTrader 4, MetaTrader 5, cTrader and TradingView platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – they are a powerful addition for mobile traders.

AvaTrade provides AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.

GBPUSD Spread 1.1 0.9 0.4 1.5
EURUSD Spread 0.6 0.8 0.1 0.9
EURGBP Spread 1.4 0.9 0.4 1.5
Assets 60+ 80+ 100+ 50+
Crypto Trading 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. IG's modest selection of 11 crypto CFDs trails top crypto brokers like Vantage which offers 40+ tokens. That said, it stands out with its crypto index, which tracks the value of the top 10 digital currencies by market cap and provides a holistic way to speculate on the value of the crypto market. Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most day trading platforms. Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage.
Crypto Spread Variable Variable BTC 30, ETH 0 BTC <1%, ETH 2%
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • BCH
  • LTC
  • ETH
  • ADA
  • DOT
  • DOGE
  • LINK
  • UNI
  • XLM
  • BCH
  • BTC
  • ETH
  • LTC
  • DASH
  • ADA
  • LINK
  • DOGE
  • EOS
  • DOT
  • XRP
  • XLM
  • XTZ
  • UNI
  • BNB
  • BCH
  • BTC
  • BTG
  • ETH
  • LTC
  • XRP
  • EOS
  • DASH
Crypto Lending No No No No
Crypto Mining No No No No
Crypto Staking No No No No
Crypto Auto Market Maker No No No No
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.