Compare Interactive Brokers vs Plus500


Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against Plus500!

Interactive Brokers vs Plus500
overall rating
4.9
4.4
overall pros
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
  • Easy-to-use platform
  • Low trading fees
  • Listed on the London Stock Exchange
overall cons
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • High inactivity fee
  • Limited product portfolio, only CFDs & forex
  • Minimal research tools
  • Mid-range educational section
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
3.6
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
5.0
  • Credit/Debit card available
  • No deposit fee
  • Five withdrawals per month free
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
1.9
  • Forex
  • CFD
  • Crypto
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
5.0
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No phone support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
1.5
  • Demo account
  • No trading platform tutorial videos
  • Only few and basic educational videos
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
recommended for Traders looking for low fees and a professional trading environment Experienced traders looking for an easy-to-use platform and a great user experience
×