Plus500 vs IC Markets
| Plus500 | IC Markets |
|---|---|
4.1
|
4.8
|
 Traders from US not accepted |
Traders from US not accepted |
|
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. |
IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand. |
| 79% of retail CFD accounts lose money. | |
| Comment by Reviewer | |
| "Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a beginner-friendly trading platform." | "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs (forex, commodities, ETFs, options, etc.), Shares, Futures | Futures, CFD, Forex, Crypto, REITs, Volatility Index |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $200 |
| Payment Methods | |
| Minimum Trade | |
| Varies by asset | 0.01 Lots |
| Regulator | |
| FCA, MAS, CySEC, ASIC, FSA, FSCA, FMA, DFSA, EFSA | ASIC, CySec, FSA |
| Margin Trading | |
| Yes | No |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | Yes |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android and Windows |
| Auto Trading | |
| Yes, via EQUINIX NY 4 | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to popular third-party copy trading tools - ZuluTrade and Myfxbook. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes (Via Robot Feature) | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| 0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| 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. | Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage. |
| Leverage | |
| 1:30 | ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere |
| FTSE Spread | |
| Variable | 1 pt |
| GBPUSD Spread | |
| Variable | 0.5 pips |
| Oil Spread | |
| Variable | 1 pt |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs. | Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees. |
| 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. |
IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps. |
| GBPUSD Spread | |
| Variable | 0.5 pips |
| EURUSD Spread | |
| Variable | 0.1 pips |
| EURGBP Spread | |
| Variable | 0.5 pips |
| Assets | |
| 70+ | 56+ |
| Cryptocurrency | |
| Crypto trading not offered | IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. |
| Spread | |
| Variable | BTC 0.4%, ETH 1% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| 79% of retail CFD accounts lose money. | |
| More Comparisons | |
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Plus500 vs |
IC Markets vs |