Plus500 vs IG

Plus500
IG

Compare Plus500 Vs IG Side by Side

Selecting between Plus500 vs IG and wish to see who is better Broker for your trading strategy? We made a detailed comparison between Plus500 Review and IG Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeaturePlus500IG
Website//www.plus500.com//www.ig.com
Founded year20081974
HeadquarterIsraelUK
LicensesUK, Cyprus, Australia, South Africa, Seychelles, SingaporeUK, Australia, Switzerland, Singapore, UAE, Japan, US
Minimum Deposit100 US$300 US$
Trading PlatformsPlus500 PlatformIG Proprietary, MT4
Eurusd avg Spread0.6 pips0.6 pips

Licenses

FeaturePlus500IG
Licenses Countries Info (short)
  • ASIC
  • CySEC
  • ISA
  • IE Singapore
  • FSCA
  • FCA
  • FSA
  • ASIC
  • JFSA
  • MAS
  • FINMA
  • FCA
  • CFTC

Plus500 vs IG Brokers are both highly trusted with numerous licenses and top-tier regulations, legit to accept Australian and EU clients. There is a slight advantage to IG for also having a US license to offer.

Broker Types

FeaturePlus500IG
Broker types
  • Market Making
  • Market Making

Both Brokers operate Market Making model making them equal, both brokers execution is high speed with no rejections. Also, in comparison to the STP brokers, Market Makers have less volatile quote allocation with a smoother offering.

Trading Conditions

FeaturePlus500IG
Trading Conditions
  • floating spread
  • low spread
  • tight spread
  • beginners
  • low spread
  • expert advisor
  • hedging
  • scalping
  • social trading

Plus500 vs IG Brokers both offer low spreads, but trading conditions offered by IG are definitely much more advanced, as they include such strategies as hedging and scalping and IG is suitable for beginners, while Plus500 has much less trading possibilities to offer.

Fees & Commissions

FeaturePlus500IG
Inactivity Feemonth$1018 $
Deposit fee0$0 $
Withdrawal fee0$0 $
Rollover fee eurusd buy 1 lot-0.0128% -2.5%
Rollover fee eurusd sell 1 lot0.003%+2.5%
Avg Eurusd standard acc0.6 pips0.6 pips
Gold2930
Brent oil2 pips3
Bitcoin0.35%65

Both Plus500 vs IG have pretty low fees, including deposit and withdrawal fees with 0$ commission, however, they both charge inactivity fee. At the same time Plus500’s spreads are relatively lower compared to IG.

Account Types

FeaturePlus500IG
Account types
  • Standard Account
  • Standard Account

Both Brokers based on a single account offering with spread basis and access to all instrument range. Both Brokers provide free access to Demo Account.

Markets & Instruments

FeaturePlus500IG
Forex71200+
Indices2978
Commodities2245
Cryptocurrencies148
Shares2000+10,000+
Bonds
Options✔️
Binary options
Spread betting
Treasuries
Futures
Etfs952,000+

IG offers a bigger number of assets for each market group. There is one difference in portfolios as Plus500 also offers Option. However, both brokers equally offer a comprehensive wide range of trading instruments to their traders.

Trading Platforms

FeaturePlus500IG
Platforms
  • own platform
  • own platform
  • MetaTrader 4

Both Plus500 vs IG Brokers offer great proprietary Trading Platforms. The only difference here and probably the advantage for IG is that MetaTrder4 is present in its offer that gives and opportunity to execute the orders with its advanced chartings and tools.

Deposit & Withdrawal Methods

FeaturePlus500IG
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

Payment methods offered by Plus500 vs IG are very much alike. Both brokers offer bank transfers, debit/credit cards, and some popular e-wallets.

Others

FeaturePlus500IG
Others
  • Video Tutorial
  • live chat
  • 24/5 availability
  • Webinar
  • telephone
  • live chat
  • 24/7 availability

Others

Both Plus500 vs IG provide excellent customer support. However, Plus500 is losing the marks here by providing a rather limited range of educational materials and no trading course in general, while IG is more advanced and offers its IG Trading Academy that helps to improve traders knowledge and include comprehensive materials, tutorials and webinars.

Conclusion on Plus500 vs IG

Concluding Plus500 vs IG comparison we found both brokers reliable and trustable with solid regulation and background. Both brokers provide their own proprietary platforms, low spreads and trading fees and a wide range of trading instruments. However, the advantage goes to IG for offering lower spread and providing access to social trading, making itself suitable not only for professionals, but also for beginners. Here is our final recommendation:

  • Plus500 – 🥇 Best for CFD trading good for experienced traders looking for excellent CFD instrument range and easy to use platform.
  • IG – 🥇Lowest Spread Forex Broker being comfortable for beginning traders.