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 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…
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…
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.
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
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).
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.