Interactive Brokers vs Plus500 (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

Interactive Brokers

Trust rank #2 · Editorial rating 10 / 10 · Founded 1977

Interactive Brokers is a well-regarded forex broker providing broad access to currency pairs, advanced trading platforms, and research and risk management tools. It supports multi-asset trading and a wide range of order…

Read the Interactive Brokers review

Plus500

Trust rank #3 · Editorial rating 10 / 10 · Founded 2008

Plus500 is a regulated forex and CFD broker offering broad access to currency pairs and other markets on a proprietary web and mobile platform. It provides built-in charting, order types, and risk…

Read the Plus500 review

Interactive Brokers (United States, founded 1977) holds 15 regulatory licences (ASIC, CBI, CFTC, CIRO, CSSF…), 10 of them tier-1, offers Proprietary and sits in our low-fee bracket. Plus500 (Israel, founded 2008) holds 11 regulatory licences (ASIC, CFTC, CySEC, DFSA, FCA…), 6 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 217 countries; Interactive Brokers is available in 1 countries where Plus500 is not, and Plus500 in 14 where Interactive Brokers is not.

Verdict at a glance

  • Interactive Brokers leads on trust rank, track record, regulatory coverage and tier-1 licences.
  • Plus500 leads on country coverage.
  • Level on editorial rating, platform choice, instrument range and fee level.

Scored on 9 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Interactive Brokers vs Plus500: side-by-side data

CriteriaInteractive BrokersPlus500
Editorial rating10 / 1010 / 10
Trust rank#2#3
Founded19772008
HeadquartersUnited StatesIsrael
RegulatorsASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFCASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA
Broker typeDMAMarket Maker
PlatformsProprietaryProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted218 countries231 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesProfessional Trading, Retail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Interactive Brokers

  • Transparent commission-based FX pricing with tight spreads
  • Aggregated multi-bank liquidity (IDEALPRO)
  • Professional platforms (TWS) and institutional APIs (FIX/REST)
  • Advanced risk management with real-time margin analytics
  • Universal multi-asset account for FX hedging and settlement

Plus500

  • Multi-jurisdiction regulation and segregated client funds
  • Commission-free FX trading with competitive spreads
  • Negative balance protection and advanced risk tools
  • Intuitive WebTrader and mobile apps
  • Broad FX pair selection

Cons

Interactive Brokers

  • No MT4/MT5 support
  • Steep learning curve
  • Commission-based FX pricing
  • 25k IDEALPRO minimum order size
  • Limited funding methods

Plus500

  • Market-maker execution (no ECN/STP/DMA)
  • Proprietary platform only (no MetaTrader/cTrader)
  • No algorithmic/API trading support
  • No commission-based raw-spread accounts
  • Inactivity fee after inactivity

Key features

Interactive Brokers

  • Agency model with direct market access to multiple liquidity providers
  • Spot forex and forex CFDs across major and minor pairs
  • Trader Workstation FXTrader with advanced order types and depth of market
  • Smart order routing and transparent interbank pricing with commissions
  • FIX and REST API support for algorithmic forex trading
  • Two factor authentication IB Key and top tier global regulation

Plus500

  • Multi asset CFD trading Forex Indices Commodities Shares ETFs Options and Crypto
  • Proprietary WebTrader platform on web and mobile advanced charting alerts and sentiment
  • Top tier regulation segregated client funds and FTSE 250 listed parent company
  • Risk management Guaranteed Stop Orders Trailing Stops and Negative Balance Protection
  • Commission free spread only pricing with overnight funding and conversion fees
  • Free unlimited demo account and 24 7 multilingual support

Country availability: Interactive Brokers vs Plus500

Available at both (217): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia and 177 more.

Only Interactive Brokers (1): Belgium.

Only Plus500 (14): Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya, Nauru, Nigeria, Sierra Leone, Somalia, South Sudan, Venezuela, Yemen, Zimbabwe.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Interactive Brokers vs Plus500: common questions

Which broker is more regulated, Interactive Brokers or Plus500?

Interactive Brokers holds more regulatory licences: Interactive Brokers (ASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC) versus Plus500 (ASIC, CFTC, CySEC, DFSA, FCA, FMA, FSA Seychelles, FSCA, ISA, MAS, NFA). Tier-1 licences: Interactive Brokers 10, Plus500 6.

Which trading platforms do Interactive Brokers and Plus500 offer?

Interactive Brokers offers Proprietary; Plus500 offers Proprietary.

Which has lower fees, Interactive Brokers or Plus500?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Interactive Brokers or Plus500?

Interactive Brokers is the older of the two, founded in 1977; Plus500 was founded in 2008.

Are Interactive Brokers and Plus500 available in the same countries?

They overlap in 217 countries. Interactive Brokers is additionally available in 1 countries (Belgium) and Plus500 in 14 countries (Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya and 8 more).

Keep comparing

Interactive Brokers

Plus500

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.