1. ECN-Brokers-Main
  2. Compare
  3. 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 Markets

Plus500

Product Image IG Markets Plus500
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

IG MarketsPlus500
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

IG MarketsPlus500
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

IG MarketsPlus500
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

IG MarketsPlus500
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

IG MarketsPlus500
Premium trading ECN trading - L2 Forex Direct no
Scalping yes no
Hedging
EAs allowed yes no

Platform

IG MarketsPlus500
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

IG MarketsPlus500
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

IG MarketsPlus500
MAM PAMM LAMM no no
Managed Accounts No No
Swap free accounts No No
Segregated client accounts

Promotions and Offers

IG MarketsPlus500
Bonuses (T&Cs apply) No Yes
Contests No No