Plus500
IG
Our Rating
57
71

Regulations and Licenses

Feature
Plus500
IG
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
CBI (Ireland)
FSA (Seychelles)
BMA (Bermuda)
Other Regulators

Brokerage

Feature
Plus500
IG
EUR/USD Avg. Raw Spread
-
0.16
GBP/USD Avg. Raw Spread
-
0.59
AUD/USD Avg. Raw Spread
-
0.29
EUR/USD Standard Spread
1.70
1.13
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
2.3
1.66
AUD/USD Avg. Standard Spread
1.4
1.01
Commissions (USD Base)
-
$6.00
Minimum Deposit
$100
$450
Swap Free Account
No Inactivity Fees
Funding Methods
3+
4+
No Funding Fees

Markets and Instruments

Feature
Plus500
IG
Currency Pairs
71+
100+
Cryptocurrency CFDs*
15+
12+
Index CFDs
67+
34+
Share CFDs
1816+
12000+
Commodities CFD
22+
35+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
300:1
Pro 1: 100:1
Pro 2: 250:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
300:1
222:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
300:1
222:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 10:1
Pro. Max. Leverage (UAE)
-
222:1
Retail Max. Leverage (USA)
-
Major Pairs 50:1
Minor Pairs 20:1
Retail Max. Leverage (Singapore)
Major Pairs 20:1
Major Pairs 20:1
Minor Pairs 20:1
Pro. Max. Leverage (Singapore)
-
50:1
Retail Max. Leverage (New Zealand)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (New Zealand)
-
222:1
Retail Max. Leverage (With offshore regulators)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Professional Leverage
300:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Plus500
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Plus500
IG
Our Rating
570
710
 

Our full comparison covers the 10 most crucial trading factors to consider when choosing between Plus500 and IG. Below are five notable differences:

  • IG requires a lower minimum deposit of $0, while Plus500 demands at least $100.
  • Plus500 operates mainly on a commission-free model, whereas IG charges a commission on shares CFDs.
  • Plus500 charges an inactivity fee after three months of no login, while IG only applies it after two years.
  • IG offers MetaTrader 4 and 5 platforms, which are not supported by Plus500.
  • Plus500 provides a user-friendly platform suitable for beginners, while IG offers advanced trading platforms and comprehensive educational resources.