Plus500

Plus500

🟢 Tier 1 Regulated
7.8
/ 10
vs
Interactive Brokers

Interactive Brokers

🟢 Tier 1 Regulated
9.2
/ 10

Plus500 vs Interactive Brokers

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Plus500 and Interactive Brokers are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Plus500, founded in 2008 and headquartered in Haifa, Israel, is regulated by FCA, CySEC, ASIC, MAS and offers spreads starting from 0.8 pips with a minimum deposit of $100. Interactive Brokers, established in 1978 in Greenwich, USA, holds licenses from SEC, FCA, ASIC, MAS, IIROC with spreads from 0.1 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Interactive Brokers scored 9.2/10 overall compared to Plus500's 7.8/10, making it the stronger pick for most traders. That said, Plus500 holds its own with smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Interactive Brokers scores 9.2/10 overall vs 7.8/10 for Plus500 — a 1.4-point difference.

  • 💵

    Interactive Brokers requires just $0 to start, while Plus500 needs $100 — Interactive Brokers is 100x more accessible.

  • 📈

    Interactive Brokers offers 1,000,000+ instruments vs 2,800+ at Plus500 — a massive gap in market coverage.

  • 🖥️

    Plus500 runs on Plus500 WebTrader, Plus500 App, while Interactive Brokers uses TWS, IBKR Mobile, IBKR GlobalTrader — different ecosystems for different trading styles.

  • The biggest gap is in Research & Analysis: Interactive Brokers scores 9.5 vs 6.5 for Plus500 — a 3.0-point difference.

Our Verdict

Plus500

Plus500

Score: 7.8/10 · Wins 1 categories
  • Fast and flexible deposits & withdrawals are important
  • You prefer Plus500's trading environment overall
🏆 WINNER
Interactive Brokers

Interactive Brokers

Score: 9.2/10 · Wins 7 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

Interactive Brokers takes the lead with an overall score of 9.2/10 compared to 7.8/10, winning in 7 out of 8 scoring categories. Interactive Brokers stands out for lower trading costs and better trading platforms, while Plus500 fights back with smoother deposits & withdrawals.

Detailed Verdict

After testing both brokers with real accounts, Interactive Brokers comes out ahead with a 9.2/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Interactive Brokers holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Plus500 is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value smoother deposits & withdrawals may find Plus500 the better fit. For a complete breakdown, read our full Interactive Brokers review and Plus500 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Plus500
Interactive Brokers
Trading Costs
7.5 9.5

Interactive Brokers wins by 2.0 points

Platforms & Tools
7.0 8.5

Interactive Brokers wins by 1.5 points

Regulation & Trust
9.0 10.0

Interactive Brokers wins by 1.0 points

Education
5.5 8.0

Interactive Brokers wins by 2.5 points

Customer Service
7.0 7.5

Interactive Brokers wins by 0.5 points

Research & Analysis
6.5 9.5

Interactive Brokers wins by 3.0 points

Deposit & Withdrawal
8.5 8.0

Plus500 wins by 0.5 points

Product Range
8.0 10.0

Interactive Brokers wins by 2.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.8/10
9.2/10
Min Deposit
Lower is better
$100
$0
Max Leverage
1:300
1:50
Spreads From
0.8 pips
0.1 pips
Platforms
Plus500 WebTrader, Plus500 App
TWS, IBKR Mobile, IBKR GlobalTrader
Regulation
FCA, CySEC, ASIC, MAS
SEC, FCA, ASIC, MAS, IIROC
Founded
Older track record highlighted
2008
1978
Markets
2,800+
1,000,000+
Plus500: 0 Interactive Brokers: 1
💰

Fees & Costs

🏅 Section Winner: Interactive Brokers (7.5 vs 9.5)

When it comes to trading costs, Interactive Brokers has the edge with a score of 9.5/10 versus 7.5/10 for Plus500. Plus500 offers spreads starting from 0.8 pips, while Interactive Brokers starts from 0.1 pips. The minimum deposit at Plus500 is $100, compared to $0 at Interactive Brokers. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Plus500
7.5
Interactive Brokers
9.5
Plus500: 0 Interactive Brokers: 2
🖥️

Trading Platforms

🏅 Section Winner: Interactive Brokers (7.0 vs 8.5)

Interactive Brokers scores 8.5/10 for platforms compared to 7/10 for Plus500. Plus500 provides Plus500 WebTrader, Plus500 App, while Interactive Brokers offers TWS, IBKR Mobile, IBKR GlobalTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Plus500
7.0
Interactive Brokers
8.5
Plus500: 0 Interactive Brokers: 3
🛡️

Regulation & Safety

🏅 Section Winner: Interactive Brokers (9.0 vs 10.0)

Regulation is crucial for fund safety. Plus500 is regulated by FCA, CySEC, ASIC, MAS (Tier 1), while Interactive Brokers holds licenses from SEC, FCA, ASIC, MAS, IIROC (Tier 1). Plus500 scores 9/10 and Interactive Brokers scores 10/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Plus500
9.0
Interactive Brokers
10.0
Plus500: 0 Interactive Brokers: 4
📚

Education & Research

🏅 Section Winner: Interactive Brokers (5.5 vs 8.0)

For learning resources, Interactive Brokers leads with 8/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Plus500 and Interactive Brokers both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Plus500
5.5
Interactive Brokers
8.0
Plus500: 0 Interactive Brokers: 5
🎧

Customer Support

🏅 Section Winner: Interactive Brokers (7.0 vs 7.5)

Plus500 offers 24/7 Live Chat, Email and scores 7/10, while Interactive Brokers provides 24/6 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Plus500
7.0
Interactive Brokers
7.5
Plus500: 1 Interactive Brokers: 5
💳

Deposit & Withdrawal

🏅 Section Winner: Plus500 (8.5 vs 8.0)

Plus500 scores 8.5/10 for deposits and withdrawals, while Interactive Brokers scores 8/10. Plus500 accepts Bank Transfer, Credit Card, PayPal, Skrill, and Interactive Brokers supports Bank Transfer, ACH. Processing times, fees, and available currencies vary. Plus500 requires a minimum deposit of $100 versus $0 for Interactive Brokers. Always check withdrawal conditions and any potential fees before funding your account.

Plus500
8.5
Interactive Brokers
8.0

Which Broker Is Right for You?

Plus500

Choose Plus500 if you...

  • Fast and flexible deposits & withdrawals are important
  • You prefer Plus500's trading environment overall
Visit Plus500
Interactive Brokers

Choose Interactive Brokers if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit Interactive Brokers

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Plus500 better than Interactive Brokers?

Interactive Brokers scores higher overall (9.2/10 vs 7.8/10), winning 7 of 8 categories. However, Plus500 is stronger in smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.

Which has lower fees, Plus500 or Interactive Brokers?

Interactive Brokers scores higher for trading costs. Plus500 offers spreads from 0.8 pips with a $100 minimum deposit, while Interactive Brokers starts from 0.1 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Plus500 safe to trade with?

Plus500 is regulated by FCA, CySEC, ASIC, MAS and scores 9/10 for regulation. Interactive Brokers is regulated by SEC, FCA, ASIC, MAS, IIROC with a score of 10/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Plus500 or Interactive Brokers?

Interactive Brokers scores 8.5/10 for platforms. Plus500 offers Plus500 WebTrader, Plus500 App, while Interactive Brokers provides TWS, IBKR Mobile, IBKR GlobalTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Plus500 vs Interactive Brokers?

Plus500 requires a minimum deposit of $100, while Interactive Brokers requires $0. Interactive Brokers has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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