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.
- Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier 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.Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and 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 2016, Capital.com initially focused on CFDs across forex, indices, stocks, commodities, and crypto, aimed squarely at active traders. Over the years it has added more instruments, obtained multiple regulatory licenses, improved its charting tools, and introduced an 1X account that lets you trade without using margin (borrowed funds), now catering to a diverse mix of traders worldwide.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Detailed comparison
Compared broker Plus500 | Alternative #1 IG | Alternative #2 Capital.com | |
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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. 70% of retail investor accounts lose money when trading spread bets and 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 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto | CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only) | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Crypto |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $100 | $0 | $20 |
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| Debit Card, Credit Card, Paypal, Neteller, Skrill, Apple Pay, Google Pay, Wire Transfer. Specific options are dependant on region and regulator. |
| 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 | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA, CONSOB | FCA, ASIC, CySEC, SCA, SCB, CMA-Kenya |
| Margin Trading | Yes | Yes | Yes |
| Margin Rate | 2.5% | 1.0% – 1.5% for Forex, 3.0% – 3.4% for Shares, Indices, and Commodities | – |
| STP Account | No | No | No |
| ECN Account | No | No | No |
| DMA Account | No | Yes | No |
| MAM Account | No | No | No |
| PAMM Account | No | No | No |
| LAMM Account | No | No | No |
| Demat Account | No | No | No |
| AI / Machine Learning | Yes | Yes | Yes |
| Robo Advisor | No | Yes | 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. | 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. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested. | Capital.com offers world-class mobile trading experience, especially for monitoring trades and scalping. During testing, watchlists synced well, while notifications for price levels came through promptly, and placing orders was smooth. It’s an especially good fit for Apple users, with one of the highest rated trading apps on the iOS app store. Updates in June 2026 also brought an AI assistant and more helpful trading analytics. |
| Auto Trading | No | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | No | No |
| Social Trading | No | No | No |
| Trade Signals | – | Yes | – |
| VPS Hosting | No | Yes | No |
| Tournaments | No | No | No |
| Demo Competitions | No | No | No |
| Ethical Investing | Yes | Yes | Yes |
| Custodial Account | No | No | No |
| Guaranteed Stop Loss | Yes | Yes | Yes |
| Inactivity Fee | $10 | $12 | $10 |
| Islamic Account | Yes | No | 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. | 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. | Trading CFDs on Capital.com feels built for active, mobile-first day trading: thousands of CFD spanning popular markets, leverage up to regulated caps, watchlists sync cleanly between web and app, price-level alerts and news notifications arrive quickly, and order placement is smooth enough for light scalping when you’re in and out intraday. The TradingView-powered charts and drag-and-drop stop-loss/take-profit on the chart make risk sizing very visual. |
| Leverage | Yes | 1:30 (Retail), 1:250 (Pro) | 1:30 |
| FTSE Spread | 2.0 | 1.0 | 3.0 |
| GBPUSD Spread | 1.3 | 0.9 | 1.3 |
| Oil Spread | 0.06 | 2.8 | 0.030 |
| Stocks Spread | 1.28 (Apple) | 0.02 | 0.31 (Apple) |
| 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. | 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. | Capital.com is an excellent forex broker, standing out with an extensive range of currency pairs, including many exotics you don't see on most platforms. Spreads are consistently tight, there's no commission to pay and execution speeds are fast enough for serious forex day traders. Technical analysis and alerts covering the forex market also helps inform trading decisions. |
| GBPUSD Spread | 1.3 | 0.9 | 1.3 |
| EURUSD Spread | 0.6 | 0.86 | 0.6 |
| EURGBP Spread | 1.5 | 0.9 | 1.3 |
| Assets | 60+ | 80+ | 120+ |
| 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. | IG offers a growing selection of over 100 crypto CFDs and digital assets for buying, selling and storing. It also 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. Its crypto offering was also bolstered in the UK after it secured a digital asset license from the FCA, providing trading and investing on popular crypto coins in a regulated setting. It has also expanded its spot crypto offering to Australia, France, and Singapore. | Capital.com has one of the best crypto CFD collections we've seen, with more than 500 pairs, from big names like Bitcoin to niche tokens that experience dramatic price swings. With a first-rate app and extensive charting capabilities via TradingView charts, it's an excellent option for crypto day traders running detailed technical analysis and managing positions on the go. |
| Crypto Spread | Variable | Variable | $50 (Bitcoin) |
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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. 70% of retail investor accounts lose money when trading spread bets and 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 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |