Plus500 Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Plus500 does not match your requirements we explain the top Plus500 alternatives and Plus500 competitors in this guide.
The best alternative for Plus500 is IC Markets or Roboforex.
When searching for a Plus500 alternative, there are a few things you need to check. The Plus500 trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Plus500 alternatives and competitors feature by feature further below this Plus500 alternatives guide.
If you are looking for a trading platform that offers similar features to Plus500 or Plus500. Or if you are looking for features that Plus500 does not offer that you require when trading, we will show you the best Plus500 alternative options below.
We highlight the pros and cons of each Plus500 alternative. Maybe you are looking for better customer service from a Plus500 alternative or more competitive Plus500 fees and more financial instruments to trade.
We have listed some reasons why Plus500 may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Plus500 does not allow hedging (See brokers for Hedging here)
- Plus500 does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by Plus500 (Look here for Plus500 alternatives offering ECN accounts)
- STP accounts are not offered by Plus500 (Look here for Plus500 alternatives offering STP accounts)
- Plus500 does not offer MT4 (See Plus500 alternatives offering the MT4 trading platform here)
- MT5 is not offered by Plus500 (find Plus500 alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Plus500 (find Plus500 alternatives offering the cTrader trading platform here)
- Plus500 does not offer Micro accounts (Check here for Plus500 alternatives offering micro accounts)
- Plus500 does not offer VIP accounts (Check here for Plus500 alternatives offering VIP accounts)
- Plus500 have inactivity fees (See Plus500 alternatives who don’t have inactivity fees here)
Top Plus500 Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★★☆ 4/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Web Trader, Mobile Apps, Apple App iOS, Available on iPhone, Android Google Play | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 CFD Instruments Available | 2800 | 2250 | 12000 |
| 📈 CFD Stocks Offered | 1600+ | 2100 | 0 |
| 💎 CFD Crypto | Yes | Yes | No |
| 💹 CFD Forex Pairs | 65 | 61 | 35 |
| 📈 CFD Commodities | 17 | 20 | 21 |
| 💰 Min Deposit | 100 | 200 | 10 |
| 👱♂️ Used By | 26,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Conduct Authority (Financial Conduct Authority (FCA)) (FRN 509909), Cyprus Securities and Exchange Commission (Cyprus Securities and Exchange Commission (CySEC)) (Licence No. 250/14), Australian Securities and Investments Commission (Australian Securities and Investments Commission (ASIC)) (AFSL #417727), Financial Markets Authority (Financial Markets Authority (FMA) in New Zealand) (FSP No. 486026), Financial Sector Conduct Authority (Financial Sector Conduct Authority (FSCA) in South Africa) (Authorised Financial Services Provider #47546), Monetary Authority of Singapore (Monetary Authority of Singapore (MAS)) (Licence No. CMS100648-1), Licensed to operate a trading platform in Israel (Licensed to operate a trading platform in Israel) (N/A), Seychelles Financial Services Authority (Seychelles Financial Services Authority (FSA)) (Licence No. SD039), Estonian Financial Supervision and Resolution Authority (Estonian Financial Supervision and Resolution Authority) (Licence No. 4.1-1/18), Dubai Financial Services Authority (Dubai Financial Services Authority (DFSA)) (F005651), Financial Services Agency (Financial Services Agency (FSA) in Japan) (Licence No. 156), Commodity Futures Trading Regulatory Agency (Commodity Futures Trading Regulatory Agency (BAPPEBTI)) (Licence No. 587/BAPPEBTI/SI/XII/2004) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Israel | Australia | Belize |
| 🚫 Excluded Countries | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, LR, SD, LB, CM, MN, MH, LY, SG, NI, BY, TM, TJ, VE, HT, AM, ET | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | 82% 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. | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Plus500 alternative comparison, you can scroll further down here.
