Comparison Interactive Brokers vs Plus500

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Interactive Brokers vs Plus500. Which of them: Interactive Brokers or Plus500 a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and Plus500 has a commission fee of from 0.45%. When analyzing trading options, the commission fees of Interactive Brokers is $0 + $0.70 per contract, and that one of Plus500 is from 2 pips. Now, let’s compare commission fees in Forex, the commission fee of Interactive Brokers is 0.20 basis points, and the commission fee of Plus500 is from 0.6 pips. For a more complete picture, let’s consider trading in the metal market, where Interactive Brokers and Plus500 have commission fees of 0.15 basis points and from 0.03%, respectively. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Interactive Brokers and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by Plus500. As for platforms, Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Plus500 offers Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Plus500 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of £0. The time for withdrawal in Interactive Brokers is 3-5 days, and that one in Plus500 is 1-2 working days.

As a result, the rating of Interactive Brokers is 4.1 stars versus that of Plus500 of 4 stars.