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
4.8
4.4
overall pros
  • Low trading fees
  • Wide range of products
  • Many great research tools
  • Easy-to-use platform
  • Great account opening
  • Quick and helpful customer support
overall cons
  • Complicated account opening process
  • Complex desktop trading platform
  • High forex fees
  • Limited product range, only CFDs
  • Mediocre research tools
  • Average CFD fees
fees
4.2
  • Low trading fees
  • Free stock and ETF trading for US clients
  • Low margin rates
  • Inactivity fee
3.0
  • Free withdrawal
  • Inactivity fee charged only if you don't log into the platform
  • Average CFD fees
account opening
3.4
  • Fully digital
  • No minimum deposit for most account types
  • Not user-friendly
  • Confusing messages throughout the process
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
3.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
5.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability for workspace
mobile trading platform
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
5.0
  • 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
1.9
  • CFD
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
3.3
  • Good interactive chart
  • User-friendly
  • Market analysis
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.4
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow 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
3.5
  • Demo account
  • Educational videos
  • Educational articles
  • No webinars
  • Materials are not well-structured
  • 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
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