What Plus500 Does Not Offer and Alternatives For Each
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
 |
 |
 |
|
|---|---|---|---|
| Rating | ★★★★☆ 4/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| 📋 Instruments Available | 2800 | 2250 | 100 |
| 📈 Stocks Offerd | 1600+ | 2100 | 0 |
| 💎 Cryptocurrency | Yes | Yes | No |
| 💹 Forex Pairs | 65 | 61 | 35 |
| 📈 Commodities | 17 | 20 | 21 |
| 💰 Min Deposit | 100 | 200 | 10 |
| 👱♂️ Used By | 24,000,000+ users | 180,000+ users | 1,000,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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 | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US |
| Risk Warning | 86% 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.
Plus500 Alternatives List
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
plus500 alternatives
Plus500 Summary
- Plus500 is used by over 24,000,000+ registered users (Look here for Plus500 alternatives that are used by more traders)
- Plus500 has a minimum deposit of $100 (Look here for Plus500 alternatives that require less minimum deposit)
- Plus500 has a minimum trade requirement of Varies (Look here for Plus500 alternatives that require a lower minimum trade)
- Plus500 has a maximum deposit of Varies (Look here for Plus500 alternatives that has a similar or greater maximum trade limit)
plus500 alternatives
Plus500 Tradable Financial Assets
- Plus500 offers traders over 2,800 tradable instruments as CFDs (Look here for Plus500 alternatives offering a similar amount or more tradable instruments)
- Plus500 offers over 1,600 shares as CFDs (Look here for Plus500 alternatives offering more tradable shares)
- Plus500 offers US Shares as CFDs (Look here for Plus500 alternatives offering US Stocks and Shares)
- Plus500 offers UK Shares as CFDs (Look here for Plus500 alternatives offering UK Stocks and shares)
- Plus500 offers German Shares as CFDs (Look here for Plus500 alternatives offering German Stocks and shares)
- Plus500 offers Japanese Shares as CFDs (Look here for Plus500 alternatives offering Japanese Stocks and shares)
- Plus500 offer Indices trading as CFDs (Look here for Plus500 alternatives offering Indices trading)
- Plus500 offers 17 commodities as CFDs (Look here for Plus500 alternatives offering more tradable commodities)
- Plus500 offers trading in metals as CFDs (Look here for Plus500 alternatives offering metal commodities)
- Plus500 offers trading in energy commodities as CFDs (Look here for Plus500 alternatives offering energy commodities)
- Plus500 offers trading in agricultural commodities as CFDs (Look here for Plus500 alternatives offering agricultural commodities)
- Plus500 offers trading on the Forex markets as CFDs (Look here for Plus500 alternatives offering Forex trading)
- Plus500 offers 65 Forex Pairs as CFDs (Look here for Plus500 alternatives offering a similar amount or more Forex Pairs)
- Plus500 offers trading with Major Forex Pairs as CFDs (Look here for Plus500 alternatives offering Major Forex Pairs trading)
- Plus500 offers trading with Minor Forex Pairs as CFDs (Look here for Plus500 alternatives offering Minor Forex Pairs trading)
- Plus500 offers trading with Exotic Forex Pairs as CFDs (Look here for Plus500 alternatives offering Exotic Forex Pairs trading)
- Plus500 offers trading in Cryptocurrencies as CFDs (Look here for Plus500 alternatives offering cryptocurrency trading)
- Plus500 offer CFD trading (Look here for Plus500 alternatives offering CFD trading)
- Plus500 does not offer Social Trading (Look here for Plus500 alternatives offering Social Trading accounts)
plus500 alternatives
Plus500 Trading Account Features
- 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 does offer Demo accounts (Check here for Plus500 alternatives offering Demo accounts)
- Plus500 does not offer Spread Betting accounts (Search for Spread Betting brokers here)
- Plus500 does not allow Scalping (See brokers for scalping here)
plus500 alternatives
Plus500 Risk Management Features
- Plus500 does not allow hedging (See brokers for Hedging here)
- Plus500 does offer negative balance protection. 'Negative balance' protection is a regulatory requirement with which Plus500 complies. (See Plus500 alternatives who offer negative balance protection here)
- Plus500 does offer Guaranteed Stop Loss (See Plus500 alternatives who offer Guaranteed Stop Loss here)
- Plus500 does offer limit orders (See Plus500 alternatives who offer limit orders here)
- Plus500 does offer trailing stops (See Plus500 alternatives who offer trailing stops here)
- Plus500 does offer price alerts (See Plus500 alternatives who offer price alerts here)
plus500 alternatives
Plus500 Fees
There are some more fees for which you can find information on the Plus500 website here.
- Plus500 has inactivity fees (See Plus500 alternatives who don’t have inactivity fees here)
- Plus500 does not have withdrawal fees (See Plus500 alternatives who don’t have withdrawal fees here)
- Plus500 does not have deposit fees (See Plus500 alternatives who don’t have deposit fees here)
plus500 alternatives
Plus500 Regulation
- Plus500 are regulated by the FCA (Financial Conduct Authority) (Look here for Plus500 alternatives offering FCA regulated brokers)
- Plus500 are regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for Plus500 alternatives offering CySEC regulated brokers)
- Plus500 conforms to the rules of the European MiFID (Markets In Financial Instruments Directive) (Look here for Plus500 alternatives offering MiFID regulated brokers)
- Plus500 are regulated by the ASIC (Australian Securities and Investments Commission) (Look here for Plus500 alternatives offering ASIC regulated brokers)
- Plus500 are regulated by the FSCA (Financial Sector Conduct Authority) (Look here for Plus500 alternatives offering FSCA regulated brokers)
- Plus500 are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for Plus500 alternatives offering DFSA regulated brokers)
- Plus500 are regulated by the MAS (Monetary Authority of Singapore) (Look here for Plus500 alternatives offering MAS regulated brokers)
- Plus500 are not regulated by the FSA (Financial Services Authority) (Look here for Plus500 alternatives offering FSA regulated brokers)
plus500 alternatives
Plus500 Desktop Computer and Mobile Device Support
- Plus500 Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See Plus500 alternatives that offer an online trading platform here)
- Plus500 does not offer a bespoke application for Microsoft Windows Desktop computers (See Plus500 alternatives that support desktop Windows users here)
- Plus500 does not offer a bespoke application for Apple Mac Desktop computers (See Plus500 alternatives that support desktop Apple Mac users here)
- Plus500 does offer a bespoke application for mobile devices (See Plus500 alternatives that support mobile device users here)
- Plus500 does offer a bespoke application for IOS Devices (See Plus500 alternatives for IOS users here)
- Plus500 does offer a bespoke application for Android Devices (See Plus500 alternatives for Android users here)
- Plus500 does offer live chat support (See Plus500 alternatives that offer live chat support here)
Below is an extensive list of the best alternatives to Plus500 based on our unique 256 point criteria.
Top alternative for Plus500 is IC Markets
IC Markets is the best alternative broker to Plus500. IC Markets has been in operation for over 12 years.
IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
If Plus500 or IC Markets are not what you are looking for try Roboforex.
With Plus500, 86% 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.
With IC Markets, Losses can exceed deposits
With Roboforex, 77% of retail investor accounts lose money when trading CFDs with this provider.
Roboforex, as a brokerage is regulated. This means Roboforex are supervised by and checked for conduct by the 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
Here are some of the key reasons why traders choose IC Markets and Roboforex over Plus500
|
IC Markets
|
Roboforex
|
eToro
|
|
|---|---|---|---|
| Brokerage Rating | |||
| Regulator | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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 | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Min Deposit | 200 | 10 | 50 |
| Min Trade | 0.01 Lot | 0.01 Lot | $10 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. |
| Visit IC Markets | Visit Roboforex | Visit eToro |
If you want to read more about IC Markets, we have put together an in-depth IC Markets review that explores their platform, spreads, and trading conditions in more detail.
If IC Markets does not match your criteria, have a look at the 10 best Plus500 alternatives below.
