Compare Plus500 Vs IC Markets: Which is the Better Forex Broker in 2024?
Plus500 Vs IC Markets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Plus500 Vs IC Markets, here is the direct comparison:
Feature | Plus500 | IC Markets |
General Rating |
1.00/5 |
4.02/5 |
|
Score | 57 | 89 | |
Trustpilot |
3.5/5 1407 users |
4.8/5 32767 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2008 | 2007 | |
💲 Min Deposit | $100 | $200 | |
⚖ Max Leverage | 1:300 | 1:1000 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | $3.50 | ||
💡 Min Position | 0.005 lot | 0.01 lot |
💳 Payment | PayPal, Skrill, Wire transfer, Credit/debit cards, BPAY, iDEAL, SOFORT, giropay and Przelewy24 | Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer | |
🏢 Office(s) |
|
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Croatian, Hungarian, Icelandic, Italian, Hebrew, Japanese, Korean, Lithuanian, Latvian/Lettish, Malay, Mal | Arabic, Chinese, English, German, Indonesian, Japanese, Korean, Malay, Portuguese, Russian, Spanish |
🚪 Trade Now | Open Plus500 | Open IC Markets |
Testimonials
-
Plus500: There's no problem actually with their deposit process, but need...
-
Plus500: They have a simple program. As a newbie in the...
-
Plus500: For my 1st experience with broker, Plus500 have a very...
-
Plus500: Plus500 don't like it if their trader makes a lot...
-
Plus500: For almost 4 weeks they prevent me to withdraw my...
-
Plus500: There's no problem actually with their deposit process, but need...
-
Plus500: They have a simple program. As a newbie in the...
-
Plus500: For my 1st experience with broker, Plus500 have a very...
-
Plus500: Plus500 don't like it if their trader makes a lot...
-
Plus500: For almost 4 weeks they prevent me to withdraw my...
-
IC Markets: I am happy to cooperate with this broker
-
IC Markets: Failed to log in...again
-
IC Markets: Tough withdrawal
-
IC Markets: Mediocre but okay
-
IC Markets: good for backtest strategy
-
Plus500: There's no problem actually with their deposit process, but need...
-
See More Plus500 Testimonials
-
See More IC Markets Testimonials
News
-
IC Markets Dives into Prop Trading with ICFunded Launch
-
Plus500 Expands in Israel: Bigger HQ and More Jobs
-
IC Markets and Bloomberg Team Up Again for ICYT Season 4
-
Plus500 Boosts Shareholder Value with $100 Million Share Buyback
-
Level Up Your Trading in IC Markets Global with TradingView
-
IC Markets Faces Class-Action Lawsuit in Australia for Alleged Misleading Conduct
-
Earn Cash While You Sleep with IC Markets Refer a Friend
-
IC Markets Launches IC Shares: Invest in ASX & CBOE with Zero Fees
-
Don't Miss It: Join IC Markets Webinar about Multi Time Frame Analysis
-
Forex Broker Plus500 Surpasses Expectations with $725M in Revenues
Articles
-
Earn Up to $150 from IC Markets Global Exclusive Redeemable Bonus
-
Elevate Your Trade with IC Markets MT4 Advanced Tools
-
Master IC Markets cTrader Platform with This Guide
-
Social Trading Platforms in IC Markets You Should Know
-
IC Markets Correlation Trader: the Must-Have Tool for Savvy Traders
-
Comparing Tickmill Vs IC Markets Mobile App
-
XM Vs IC Markets Trading App, Which One is Better?
-
IC Markets Partner: A Way to Get Passive Income without Trading
-
IC Markets Slippage Policy vs Traders' Testimonies
-
Standard Account Comparison: IC Markets or OANDA?
Bonus
Webinars
-
IC Markets: Analise Top Murilo
-
IC Markets: Sunday Pre-Market Analysis
-
IC Markets: 3 Powerful Reversal Strategies
-
IC Markets: Bloque de �rdenes : Bullish Order Block y Bearish Order Block
-
IC Markets: Strategi ICT
-
IC Markets: Day Trading ao Vivo
-
IC Markets: Patrones de Agotamientos Institucionales
-
IC Markets: ?????? ??? ??????? ???????? ????? ????? + ?????
-
IC Markets: Analise Top Murilo
-
IC Markets: Sunday Pre-Market Analysis
-
See More IC Markets Webinars
More Comparisons
- Blueberry Markets vs Dukascopy
- HF Markets vs FP Markets
- Octa vs easyMarkets
- FXOpen vs Exness
- Axi vs Vantage Markets
- LiteFinance vs FirewoodFX
- Interactive Brokers vs eToro
- RoboForex vs FBS
- JustMarkets vs Tickmill
- ThinkMarkets vs AvaTrade
- IC Markets vs Admirals
- InstaForex vs OANDA
- XM vs MTrading
- Pepperstone vs FXTM
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Plus500 provides their pricing with Fixed spread while IC Markets offers Variable spread.
Plus500 vs IC Markets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Plus500 enables trading with Plus500 Windows Trader, Plus500 WebTrader. The offer is supported with Trailing stop, Pending orders. In comparison, IC Markets provides trading with MetaTrader 4, MetaTrader 5, cTrader, webIRESS, ProDeal, Social Trading, ZuluTrade with the support of One-click trading, Trailing stop, Pending orders.
Is Plus500 or IC Markets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Plus500 supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Options, Indexes, Metals, Energies, ETF, Spread betting, Crypto, while IC Markets presents the ability of trading with Forex, CFD, Bonds, Crypto, Commodities, Gold, Oil, Indices, Stock.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Plus500 and IC Markets:
- Compare Plus500 vs Array
- Compare Plus500 vs Array
- Compare Plus500 vs Array
- Compare IC Markets vs Array
- Compare IC Markets vs Array
- Compare IC Markets vs Array
For more comparisons, visit this page.