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- IG Markets vs Plus500 – Compare brokers, review spreads, costs, commissions regulations
IG Markets vs Plus500
In the table above we compare FX Broker IG Markets vs FX BrokerPlus500 .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:
1. Compare Regulations: IG Markets vs Plus500
Is Broker Plus500 regulated or is Broker Plus500 regulated?
Compare IG Markets vs Plus500 and find out who is regulated and where.
In the event IG Markets or Plus500 goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates IG Markets, and who regulates Plus500
2. Compare Account types: IG Markets vs Plus500
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare IG Markets vs Plus500 in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on IG Markets’s demo account or Plus500 ‘s demo account? Do you neem direct market access or need to access IG Markets’s API or Plus500’s API?
What initial deposit is IG Markets asking for and what initial deposit is Plus500 asking for?
3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare IG Markets vs Plus500 and see who offer more or less currency pairs.
4. Customer Service
One of the most important aspects is IG Markets’s customer service vs Plus500’s customer service. As if you have an issue you would like to speak or chat to someone immediately.
5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on IG Markets’s FX trading platform or Plus500’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare IG Markets vs Plus500 and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare IG Markets’s fees vs Plus500 ‘s fees.
For those that a different style of trading, compare IG Markets vs Plus500 to see who offers, Mirror Trader, ZuluTrade, or Signal Trader
If you would like to trade with your IOs or windows mobile platform compare IG Markets vs Plus500 and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either IG Markets or Plus500
For any further questions feel free to comment below. If you would like to leave a review of IG Markets or review Plus500, feel free to do so too.
| Product Name |
IG MarketsPlus500 |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | FX Brokers FX Brokers |
| Category | Forex Broker Forex Broker |
Broker
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|
| Website | www.plus500.com |
| Broker Type | DMA/STP Market maker |
| Broker Country | United Kingdom, Australia, Switzerland United Kingdom |
| Regulation | FCA UK, ASIC, FINMA, is a licensed bank (IG Bank in Switzerland) FCA UK |
| Indipendant Broker | Independent broker Independent broker |
| Year in Industry | 1974 2008 |
| International Offices | United States, Germany, Spain, France, Italy, Luxembourg, Singapore, Sweden, Holland, Japan, South Africa, Russia, China, Austria, Ireland, Australia, Norway |
Account
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|
| Accept US Clients | Yes Yes |
| Mini account deposit | $1 $100 |
| Standard account deposit | $1 $100 |
| ECN account deposit | $50000 |
| Trading account currency | USD Account, EUR Account, GBP Account EUR Account, GBP Account, CHF Account, JPY Account, CAD Account, AUD Account, NZD Account, PLN Account |
| Leverage Account | 400 : 1 Mini account 294 : 1 |
| Minimal size lot | 0.1 lot Mini account 0.01 lot |
| Leverage Mini account | Mini Account, Standard Account, ECN Account Mini Account, Standard Account |
Payments
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|
| Funding method | Bank Wire, Credit Card, Debit Card, BPAY Bank Wire, Credit Card, Skrill, PayPal |
| Withdrawal method | Bank Wire, Debit Card Bank Wire, Check, Skrill, PayPal |
Costs
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|
| Commissions | no - regular mini & standard accounts no |
| Costs & Spreads | variable fixed |
| Costs/Lowest spreads on EURUSD | 0.8 pips Mini account 0.8 pips |
Trading
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|
| Premium trading | ECN trading - L2 Forex Direct no |
| Scalping | yes no |
| Hedging | |
| EAs allowed | yes no |
Platform
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|
| Trading platform type | MT4 Desktop/iOS/Android, IG Charts Desktop/Mobile/iOS/Android/BlackBerry (Only Australian accounts)/Symbian/Web, L2 dealer, ProRealTime, Autoc Plus500 Desktop/iOS/Android/Smartphone/Mobile, Web Trader |
| Platform time zone | GMT adjustable |
| Decimal pricing | 4 digits 4 digits |
| Trailing stops | Trailing Stoploss Trailing Stoploss |
| OCO orders | OCO orders No OCO orders |
| One click | One click trading No One click trading |
| Mobile trading | |
| Webtrading | |
| API Solutions |
Products
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|
| Currency pairs | 82 fx pairs (29+ exotic) 59 fx pairs |
| Exotic Pairs | Exotic Forex Pairs |
| Gold Silver | Gold, Silver Gold, Silver |
| CFD Trading | CFD trading CFD trading |
| Other instruments | Stocks, Indices, Energies, Shares, Options, Bonds, ETFs, Spread Betting, Binary Options Stocks, Indices, Commodities, Energies, ETFs |
Other
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|
| MAM PAMM LAMM | no no |
| Managed Accounts | No No |
| Swap free accounts | No No |
| Segregated client accounts |
Promotions and Offers
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|
| Bonuses (T&Cs apply) | No Yes |
| Contests | No No |



