Updated February 2026

IC Markets vs Plus500

An in-depth comparison to help you choose the right broker for your trading journey.

50+ Data Points
Real Testing
2026 Updated
QUICK VERDICT

Who Wins?

4.6/5
Best for: High-volume traders
Visit IC Markets
VS
4/5
Best for: Beginners
Visit Plus500
HEAD-TO-HEAD

Side-by-Side Comparison

Feature
Overall Rating
4.6/5
4/5
Minimum Deposit
$200
$100
Spreads From
0.0 pips
0.6 pips
Max Leverage
Up to 500:1
Up to 30:1 (EU)
Instruments
2,250+
2,800+
Fees Score
4.9/5
4/5
Platforms Score
4.7/5
3.8/5
Education Score
3.5/5
3.2/5
Safety Score
4.5/5
4.5/5
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Plus500 WebTrader, Plus500 Mobile App
Founded
2007
2008
Headquarters
Sydney, Australia
Haifa, Israel
ANALYSIS

Pros & Cons

Pros

  • + Industry-leading raw spreads from 0.0 pips
  • + True ECN execution with no dealing desk
  • + $1 trillion+ monthly trading volume
  • + Multiple platforms including TradingView
  • + Excellent for high-frequency and algo trading
  • + Deep institutional liquidity

Cons

  • - $200 minimum deposit
  • - Limited educational content
  • - No proprietary platform
  • - Basic research tools
Open IC Markets Account

Pros

  • + Publicly traded company (LSE)
  • + Simple intuitive platform
  • + No commissions
  • + Wide instrument range
  • + Negative balance protection

Cons

  • - Limited research tools
  • - No MetaTrader support
  • - Basic charting
  • - No copy trading
Open Plus500 Account
RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

  • High-volume traders
  • Scalpers
  • Algorithmic traders
  • Professional traders
Visit IC Markets
Choose

If you:

  • Beginners
  • Casual traders
  • Mobile traders
Visit Plus500
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JD

James D. from London

matched with AvaTrade

2 minutes ago