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Interactive Brokers vs Plus500 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info

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.

Regulation

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Year Founded info 1977 2008
Publicly Traded (Listed) info Yes Yes
Bank info No No
Tier-1 Licenses info 9 6
Tier-2 Licenses info 2 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Minimum Deposit info $0 €50 info
Average spread (EUR/USD) - Standard account info 0.59 info 1.3 info
All-in Cost EUR/USD - Active info 0.65 info 1.3 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 8500 5500 info
Forex Pairs (Total) info 90 65
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes Yes info
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.

Trading platforms and tools

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 155 115
Charting - Trade From Chart info Yes No

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 97 115
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No No

Dive deeper: Best Forex Trading Apps.

Market research

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes Yes
TipRanks info Yes No
Acuity Trading info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Webinars info Yes Yes info
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature Interactive Brokers logoInteractive Brokers
Plus500 logoPlus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 99 99
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.0/5 Stars
Platforms & Tools 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 4.0/5 Stars
Mobile Trading 5/5 Stars 4.5/5 Stars
Education 5/5 Stars 4.0/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or Plus500?

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.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

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Overall Rating Interactive Brokers Plus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.0/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 4.0/5 Stars
Education 5/5 Stars 4.0/5 Stars
Trust Score info 99 99
Winner check_circle
Review Interactive Brokers Review Plus500 Review
Broker Screenshots Interactive Brokers Plus500
Broker Gallery (click to expand) info
Regulation Interactive Brokers Plus500
Trust Score info 99 99
Year Founded info 1977 2008
Publicly Traded (Listed) info Yes Yes
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 9 6
Tier-2 Licenses info 2 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Interactive Brokers Plus500
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info Yes No
Japan (FSA Authorised) info Yes Yes
Singapore (MAS Authorised) info Yes Yes
Switzerland (FINMA Authorised) info Yes
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Interactive Brokers Plus500
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No Yes
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes info
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info
Investments Interactive Brokers Plus500
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 8500 5500 info
Forex Pairs (Total) info 90 65
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes Yes info
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 info 0.59 info 1.3 info
All-in Cost EUR/USD - Active info 0.65 info 1.3 info
Inactivity Fee info No Yes
Order execution: Agency info Yes No
Order execution: Market Maker info No Yes
Funding Interactive Brokers Plus500
Minimum Deposit info $0 €50 info
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms Interactive Brokers Plus500
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools Interactive Brokers Plus500
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 155 115
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading Interactive Brokers Plus500
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 97 115
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No No
Mobile Research - Economic Calendar info Yes Yes
Research Interactive Brokers Plus500
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
TipRanks info Yes No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Interactive Brokers Plus500
Webinars info Yes Yes info
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs Interactive Brokers Plus500
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes info
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Interactive Brokers Review Plus500 Review
Overall Interactive Brokers Plus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 4.0/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 4.0/5 Stars
Education 5/5 Stars 4.0/5 Stars
Trust Score info 99 99
Winner check_circle
Review Interactive Brokers Review Plus500 Review
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