Interactive Brokers vs Plus500 2025
In this head to head comparison of Interactive Brokers vs Plus500, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Interactive Brokers vs Plus500, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Interactive Brokers, founded in 1977, and Plus500, established in 2008, both enjoy top-tier credibility in the online brokerage world. They each have a perfect 99 Trust Score rating on ForexBrokers.com, indicating they are highly reliable. Both firms are publicly traded, offering transparency and investor oversight. Although neither is a bank, they are distinguished by their regulatory approvals: Interactive Brokers holds nine Tier-1 licenses while Plus500 has six, reflecting their strong compliance with top financial regulatory bodies worldwide.
On the Tier-2 license front, Plus500 takes a slight lead with three approvals compared to Interactive Brokers' two. These licenses further underscore the general trustworthiness and security for users trading with these brokers. Whether you choose Interactive Brokers or Plus500, both options provide extensive regulatory backing, granting consumers peace of mind when trading online.
| Feature |
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|---|---|---|
| Year Founded | 1977 | 2008 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 9 | 6 |
| Tier-2 Licenses | 2 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Interactive Brokers earns 5/5 stars for commissions and fees and ranks #2 out of 63 brokers, while Plus500 scores 4.0/5 stars and ranks #24 out of 63. The difference shows up most clearly in forex trading costs: Interactive Brokers typically delivers lower all-in pricing on major pairs, whereas Plus500’s costs tend to be higher for everyday and active traders.
Interactive Brokers does not publish average forex spreads, but Q3 2024 data shows its EUR/USD spread averaged 0.19 pips, or about 0.59 pips all-in after commission. Its commission starts at 0.00002 of the U.S. dollar trade value per side (minimum $2 per order), which works out to roughly 0.40 pips in commission on a $100,000 EUR/USD round trip, plus the prevailing spread. Smaller trade sizes feel the minimum more, while very high-volume traders can reduce the minimum to $1.50 per order above $1 billion in monthly volume and to $1 at $5 billion. IBKR charges a commission instead of marking up spreads and aggregates quotes from multiple interbank dealers.
Plus500 generally prices above the industry average and does not discount for retail clients. In April 2024, its average EUR/USD spread was 1.5 pips, which is higher than Interactive Brokers’ effective all-in cost on the same pair. Plus500 offers cash rebates only to Professional clients, so most traders won’t see lower fees as their volume grows. In short: Interactive Brokers (5/5 stars, #2/63) is the stronger pick on pure trading costs, while Plus500 (4.0/5 stars, #24/63) is simpler but typically pricier on spreads.
| Feature |
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|---|---|---|
| Minimum Deposit | $0 | €50 |
| Average spread (EUR/USD) - Standard account | 0.59 | 1.3 |
| All-in Cost EUR/USD - Active | 0.65 | 1.3 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Interactive Brokers offers a wider range of investments than Plus500. It lists about 8,500 tradeable symbols versus Plus500’s 5,500, and 90 forex pairs compared with 65 at Plus500. Both support forex trading (CFD or spot) and let you buy exchange-traded securities on U.S. and international exchanges, so you can trade well-known stocks at either broker. Neither platform offers copy trading. For overall breadth, Interactive Brokers earns 5 out of 5 stars and ranks #1 out of 63 brokers for Range of Investments, while Plus500 scores 4.5 stars and ranks #22.
Cryptocurrency access is another key difference. Interactive Brokers lets you buy actual crypto in addition to trading crypto CFDs, whereas Plus500 offers crypto only through CFDs. If you want the widest mix of instruments—stocks across global markets, a larger set of forex pairs, and both real and CFD-based crypto—Interactive Brokers is the stronger choice, while Plus500 still covers the essentials with a simpler lineup.
| Feature |
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| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8500 | 5500 |
| Forex Pairs (Total) | 90 | 65 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
Dive deeper: Best Copy Trading Platforms.
Interactive Brokers and Plus500 both provide free paper trading (demo accounts) and their own in-house platforms. Interactive Brokers offers a downloadable Windows desktop platform plus a web platform, while Plus500 focuses on its web platform and does not provide a Windows desktop download. Neither broker supports copy trading, MetaTrader 4 (MT4), or MetaTrader 5 (MT5). If trading straight from charts matters to you, Interactive Brokers allows chart-based order entry; Plus500 does not.
For trading platforms and tools, ForexBrokers.com rates Interactive Brokers at 5 stars and ranks it #3 out of 63 brokers, versus Plus500 at 4.5 stars and #14 out of 63. In short, Interactive Brokers suits traders who want a desktop and web experience with chart trading, while Plus500 appeals to those who prefer a straightforward, browser-based platform with an easy demo to get started.
| Feature |
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| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 155 | 115 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Interactive Brokers and Plus500 both offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts and watchlist syncing, so changes you make on mobile show up in your online account. For charting, both apps let you draw trendlines, though neither app auto-saves drawings. If you care about built-in indicators, Plus500 provides 115 technical studies, while Interactive Brokers offers 97.
In independent testing by ForexBrokers.com, Interactive Brokers earned 5 stars and ranked #4 out of 63 brokers for Mobile Trading Apps, while Plus500 received 4.5 stars and ranked #14. Choose Plus500 if having more indicators matters most; pick Interactive Brokers if you want a higher-rated overall mobile app experience.
| Feature |
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| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 97 | 115 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings, Interactive Brokers and Plus500 both provide daily market commentary to keep investors informed. However, Interactive Brokers has a distinct advantage by delivering forex news from top-tier sources like Bloomberg and Reuters, which Plus500 does not. Both brokers offer technical analysis tools from Trading Central and sentiment-based trading tools that display the ratio of long to short positions, providing valuable insights for traders. While Interactive Brokers also provides additional market research from companies like TipRanks and Acuity Trading's Signal Centre, Plus500 does not include these features in its offerings.
In terms of research tools, both brokers feature an economic calendar to help traders stay ahead of global news events. However, the quality and depth of market research place Interactive Brokers ahead of Plus500, as reflected in their ratings. With a research score of 5 out of 5 stars and a remarkable #3 ranking out of 63 brokers by ForexBrokers.com, Interactive Brokers excels in delivering comprehensive research services. In contrast, Plus500 holds a 4-star rating and is ranked #19, indicating a solid but less extensive offering compared to Interactive Brokers.
| Feature |
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|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Interactive Brokers vs. Plus500 for beginner education: both brokers give new traders plenty of ways to learn. Each runs online client webinars at least once a month and offers at least 10 beginner-friendly videos, plus 10+ advanced videos for when you’re ready to level up. If you like learning through videos and live sessions, either platform will fit the bill.
Where they differ is in third-party ratings. ForexBrokers.com rates Interactive Brokers’ education 5 stars and ranks it #3 out of 63 brokers, while Plus500 earns 4.0 stars and ranks #31. If top-rated education is your priority, Interactive Brokers is the stronger choice; if you’re after straightforward learning materials, Plus500 still provides helpful content for new traders.
| Feature |
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|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than Plus500. Interactive Brokers finished with an overall rank of #2, while Plus500 finished with an overall rank of #14.
Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.
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| Trust Score | 99 | 99 |
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Interactive Brokers lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, while Plus500 does not offer delivered crypto but does provide cryptocurrency CFD trading.
Interactive Brokers vs Plus500: for deposits and withdrawals, Interactive Brokers supports ACH/SEPA and bank wire transfers but not PayPal or Skrill, while Plus500 offers PayPal, Skrill, and bank wire transfers but not ACH/SEPA.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Interactive Brokers | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | Plus500 Review |
| Broker Screenshots | Interactive Brokers | Plus500 | |
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| Broker Gallery (click to expand) |
| Regulation | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Trust Score | 99 | 99 | |
| Year Founded | 1977 | 2008 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 9 | 6 | |
| Tier-2 Licenses | 2 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | Yes | Yes | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Interactive Brokers | Plus500 | |
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| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8500 | 5500 | |
| Forex Pairs (Total) | 90 | 65 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. |
| Cost | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.59 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.65 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Minimum Deposit | $0 | €50 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 155 | 115 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 97 | 115 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Interactive Brokers | Plus500 | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Interactive Brokers | Plus500 | |
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| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Interactive Brokers Review | Plus500 Review |
| Overall | Interactive Brokers | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | Interactive Brokers Review | Plus500 Review |