Is IG better than Plus500? In our analysis of 23 international regulators across 39 brokers, IG is considered low-risk, with an overall Trust Score of 99 out of 99. Plus500 is considered low-risk, with an overall trust score of 99 out of 99. Learn more about Trust Score.
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money
IG vs Plus500 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
|
|
|
|
Join 239,000+ traders worldwide.Visit Site
|
||
| Visit Site > |
Overall Rating
| Feature | IG | Plus500 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 99 |
| IG Review | Plus500 Review | |
| 75% of retail CFD accounts lose money | 77% of retail CFD accounts lose money | |
| Winner | check_circle |
Regulation
| Feature | IG | Plus500 |
| Trust Score | 99 | 99 |
|
Year Founded |
1974 | 2008 |
|
Publicly Traded (Listed) |
Yes | Yes |
|
Bank |
Yes | No |
|
Tier-1 Licenses |
7 | 5 |
|
Tier-2 Licenses |
2 | 3 |
|
Tier-3 Licenses |
1 | 0 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | IG | Plus500 |
|
ASIC Authorised (Australia) |
Yes | Yes |
|
IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
No | No |
|
CBI Authorised (Ireland) |
No | No |
|
FSA Authorised (Japan) |
Yes | Yes |
|
MAS Authorised (Singapore) |
Yes | Yes |
|
FINMA Authorised (Switzerland) |
Yes | No |
|
FCA Authorised (UK) |
Yes | Yes |
|
CFTC Registered (USA) |
Yes | No |
|
FMA Authorised (New Zealand) |
Yes | Yes |
Tier-2 Licenses (Average Trust)
| Feature | IG | Plus500 |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
No | Yes |
|
SEBI Authorised (India) |
No | No |
|
ISA Authorised (Israel) |
No | Yes |
|
CBR Authorised (Russia) |
No | No |
|
FSCA Authorised (South Africa) |
Yes | Yes |
|
SEC Authorised (Thailand) |
No | No |
|
DFSA / Central Bank Authorised (UAE) |
Yes | No |
Tier-3 Licenses (Low Trust)
| Feature | IG | Plus500 |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
|
Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | Yes | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
|
VFSC Authorised (Vanuatu) |
No | No |
Investments
| Feature | IG | Plus500 |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
|
Tradeable Symbols (Total) |
19537 | 1896 |
|
Forex Pairs (Total) |
100 | 71 |
|
US Stock Trading (Non CFD) |
Yes | Yes |
|
Int'l Stock Trading (Non CFD) |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | No |
|
Cryptocurrency (Physical) |
No | No |
|
Cryptocurrency (CFD) |
Yes | Yes |
| Crypto Disclaimer (UK) | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost
| Feature | IG | Plus500 |
|
Average Spread EUR/USD - Standard |
0.828 (September 2021) | 0.6 (as of Aug 2018) |
|
All-in Cost EUR/USD - Active |
0.365 (May 2020) | N/A |
|
Active Trader or VIP Discounts |
Yes | No |
|
Execution: Agency Broker |
Yes | Yes |
|
Execution: Market Maker |
Yes | Yes |
Funding
| Feature | IG | Plus500 |
|
Minimum Deposit |
£250.00 | €100 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
|
PayPal (Deposit/Withdraw) |
Yes | Yes |
|
Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | IG | Plus500 |
|
Proprietary Platform |
Yes | Yes |
|
Desktop Platform (Windows) |
Yes | No |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | No |
|
MetaTrader 4 (MT4) |
Yes | No |
|
MetaTrader 5 (MT5) |
No | No |
|
cTrader |
No | No |
|
DupliTrade |
No | No |
|
ZuluTrade |
No | No |
Trading Tools
| Feature | IG | Plus500 |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
14 | 9 |
|
Charting - Indicators / Studies (Total) |
32 | 110 |
|
Charting - Drawing Tools (Total) |
20 | 21 |
|
Charting - Trade From Chart |
Yes | No |
|
Charting - Drawings Autosave |
No | No |
Mobile Trading
| Feature | IG | Plus500 |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
|
Watch List Syncing |
Yes | Yes |
|
Charting - Indicators / Studies |
32 | 110 |
|
Charting - Draw Trendlines |
Yes | Yes |
|
Charting - Trendlines Moveable |
Yes | No |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | No |
|
Forex Calendar |
Yes | Yes |
Research
| Feature | IG | Plus500 |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | No |
|
Autochartist |
Yes | No |
|
Trading Central (Recognia) |
No | No |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
Yes | Yes |
|
Economic Calendar |
Yes | Yes |
Education
| Feature | IG | Plus500 |
|
Has Education - Forex or CFDs |
Yes | No |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | No |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | No |
|
Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | IG | Plus500 |
|
GBP/USD |
Yes | Yes |
|
USD/JPY |
Yes | Yes |
|
EUR/USD |
Yes | Yes |
|
USD/CHF |
Yes | Yes |
|
USD/CAD |
Yes | Yes |
|
NZD/USD |
Yes | Yes |
|
AUD/USD |
Yes | Yes |
Overall
| Feature | IG | Plus500 |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 99 |
| IG Review | Plus500 Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare IG vs Plus500.
Does IG or Plus500 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG offers better pricing overall for traders.
Is IG or Plus500 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. IG holds 7 global Tier-1 licenses, while Plus500 holds 5. Plus500 holds 3 global Tier-2 licenses, while IG holds 2. In our analysis of 23 international regulators across 50 brokers, IG and Plus500 earned the same Trust Score.
Which trading platform is better: IG or Plus500?
To compare the trading platforms of both IG and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While IG offers copy trading, Plus500 does not. IG offers MetaTrader 4 (MT4), while Plus500 does not.
How many forex pairs and CFDs are available to trade?
IG provides traders 100 currency pairs (e.g., EUR/USD) compared to Plus500's 71 available pairs. Forex pairs aside, IG offers traders access to 19537 CFDs while Plus500 has 1896 available CFDs, a difference of 17,641.
Can I trust IG?
IG is a publicly traded company, operates a regulated bank, and is authorised by seven tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). IG is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), Financial Markets Authority (FMA), and the Commodity Futures Trading Commission (CFTC).
Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by five tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).
Is IG good?
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
Is Plus500 good?
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to share trading and a thorough selection of CFDs.
Overall winner: IG
Read Next: Best Forex Brokers 2022
Related Comparisons
- IG vs. CMC Markets
- Plus500 vs. CMC Markets
- Plus500 vs. eToro
- IG vs. FOREX.com
- IG vs. Interactive Brokers
- IG vs. TD Ameritrade
- Plus500 vs. Saxo Bank
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
The names, products, services, branding/logos, and other trademarks or images featured or cited within this website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.
IG - 75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
