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 2 alternatives to Plus500
These brokers are the best alternatives to Plus500 that also accept traders from your location. They are listed in order of similarity in terms of markets and features.
- Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
- Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
Detailed comparison
Compared broker Plus500 | Alternative #1 CMC Markets | Alternative #2 AvaTrade | |
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| Visit broker | VisitReview 81% of retail CFD accounts lose money. | VisitReview Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | VisitReview |
| Promotions | – | – | |
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria) | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $100 | $0 | $300 |
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| Minimum Trade | Variable | 0.01 Lots | 0.01 Lots |
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| Regulator | FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI | FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA | ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct) |
| Margin Trading | Yes | Yes | Yes |
| Margin Rate | 2.5% | 3.0% | – |
| STP Account | No | No | Yes |
| ECN Account | No | No | No |
| DMA Account | No | No | No |
| MAM Account | No | No | Yes |
| PAMM Account | No | No | Yes |
| LAMM Account | No | No | No |
| Demat Account | No | No | No |
| AI / Machine Learning | Yes | No | Yes |
| Robo Advisor | No | No | No |
| Negative Balance Protection | Yes | Yes | Yes |
| Market Maker | Yes | Yes | Yes |
| P2P Trading | No | No | No |
| Spot Trading | No | Yes | Yes |
| Mobile Apps | iOS, Android & Windows | iOS & Android | iOS & Android |
| Trading 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. | The award-winning app from CMC Markets has transformed mobile trading. The app's modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it's an exceptional choice for day traders. | AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that's not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that's rare to find elsewhere. |
| Auto Trading | No | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | No | Yes |
| Copy Trading Platform | – | – | 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 | Yes | Yes |
| Trade Signals | – | Yes | Yes |
| VPS Hosting | No | Yes | No |
| Tournaments | No | No | No |
| Demo Competitions | No | Yes | No |
| Ethical Investing | Yes | No | No |
| Custodial Account | No | No | No |
| Guaranteed Stop Loss | Yes | Yes | No |
| Inactivity Fee | $10 | $15 | $50 |
| Islamic Account | Yes | Yes | Yes |
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| CFD Trading | |||
| Overview | 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. | CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries with new equities spanning quantum computing, AI learning, and digital car sales in 2025. Spreads are tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market. | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities. |
| Leverage | Yes | 1:30 (Retail), 1:500 (Pro) | 1:30 (Retail) 1:400 (Pro) |
| FTSE Spread | 2.0 | 1 pt | 0.5 |
| GBPUSD Spread | 1.3 | 0.9 | 1.5 |
| Oil Spread | 0.06 | 3.5 | 0.02 |
| Stocks Spread | 1.28 (Apple) | 0.02 | 0.13 |
| Forex Trading | |||
| Overview | 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. | CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP. | AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'. |
| GBPUSD Spread | 1.3 | 0.9 | 1.5 |
| EURUSD Spread | 0.6 | 0.7 | 0.9 |
| EURGBP Spread | 1.5 | 1.1 | 1.5 |
| Assets | 60+ | 300+ | 50+ |
| Crypto Trading | |||
| Overview | 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. | CMC Markets offers trading on popular digital tokens like Bitcoin but really stands out for its crypto indices that provide broader exposure to the cryptocurrency market. There is also minimal slippage and an excellent 99.9% fill rate, making CMC a great option for active crypto day traders. | Crypto trading not offered |
| Crypto Spread | Variable | From 1.3 | BTC <1%, ETH 2% |
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| Crypto Lending | No | No | No |
| Crypto Mining | No | No | No |
| Crypto Staking | No | No | No |
| Crypto Auto Market Maker | No | No | No |
| Visit broker | VisitReview 81% of retail CFD accounts lose money. | VisitReview Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | VisitReview |