Plus500 vs IG
Plus500 or IG – which is better for UK traders 2026? Compare Plus500 and IG in this detailed breakdown of their platforms, features and fees.
| Plus500 | IG |
|---|---|
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| Plus500 is ranked #10 among CFD brokers. | IG is ranked #1 among CFD brokers. |
| Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC. | Established in 1974, IG is a unit of IG Group Holdings Plc, listed on the LSE as IGG. It provides access to over 17,000 markets through intuitive platforms and apps. For half a century, IG has remained an industry leader, excelling in all vital aspects for traders. |
| 80% of retail CFD accounts lose money. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $0 |
| Payment Methods | |
| Minimum Trade | |
| Variable | 0.01 Lots |
| Regulator | |
| FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Trading App | |
| Plus500 have tailored their mobile apps to align with the WebTrader online platform. The app is secure, dependable, and ranks highly. Stop loss, limits, free alerts, and a comprehensive range of markets and instruments are provided. Access the download page here. | IG provides an excellent trading app. As a mobile trading pioneer, it has evolved over the years into a top-tier app. Expect swift responses, an intuitive interface, comprehensive charting, and dependable performance. Additionally, it includes guaranteed stops, a crucial risk management feature absent in many apps we've evaluated. |
| iOS App Rating | |
| Android App Rating | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | 1.0% – 1.5% for Forex, 3.0% – 3.4% for Shares, Indices, and Commodities |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | Yes |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| No | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | Yes |
| Inactivity Fee | |
| $10 | $12 |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Plus500 offers commission-free CFDs across various markets, including currencies, stocks, indices, and commodities. Traders can take long or short positions on popular assets, enjoying flexible leverage with no hidden charges. | IG provides over 17,000 CFDs, giving traders more opportunities than most brokers. Investors can trade long or short on key markets such as equities, forex, commodities, and cryptocurrencies. Additionally, customised price alerts and the IG Academy enrich the trading experience. |
| Leverage | |
| Yes | 1:30 (Retail), 1:222 (Pro) |
| FTSE Spread | |
| Dynamic | 1.0 |
| GBPUSD Spread< | |
| Dynamic | 0.9 |
| Oil Spread | |
| Dynamic | 2.8 |
| Stocks Spread | |
| Dynamic | 0.02 |
| Forex | |
| Plus500 offers CFD trading in forex, with tight spreads across over 60 currency pairs. Testing showed spreads as low as 0.6 pips on the EUR/USD, lower than many competitors. | IG provides an extensive selection of over 80 currency pairs through its own web platform, mobile app, or MetaTrader 4. For advanced charting and forex analysis, the ProRealTime software is available. Testing shows forex spreads are competitive, beginning at 0.1 pips on major pairs such as EUR/USD. |
| Assets | |
| 60+ | 80+ |
| GBPUSD Spread | |
| Dynamic | 0.9 |
| EURUSD Spread | |
| Dynamic | 0.8 |
| EURGBP Spread | |
| Dynamic | 0.9 |
| Currency Indices | |
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| Cryptocurrency | |
| IG provides an expanding range of over 100 crypto CFDs and digital assets for trading and storage. Distinguished by its crypto index, it monitors the top 10 digital currencies by market cap, offering a comprehensive market speculation approach. In the UK, its crypto options were enhanced by obtaining an FCA digital asset license, allowing regulated trading and investment in popular crypto coins. Additionally, IG has broadened its spot crypto services to Australia, France, and Singapore. | |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Plus500 | IG |
| 80% of retail CFD accounts lose money. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. |
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