IFC Markets vs Plus500 Comparison
Plus500We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of IFC Markets and Plus500
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 4.3/5 | 4.3/5 |
| Foundation Year | 2005 | 2007 |
| Regulated in Countries | British Virgin Islands, Malaysia | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Minimum Deposit |
|
|
| Spread | from 0.4 points | from 0.6 points |
| Max Leverage | 1:400 | 1:30 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | IFC Markets Review | Plus500 Review |
IFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.
Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.
IFC Markets Review
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
IFC Markets is in the top 10 of the following ratings:
Plus500 Review
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
Plus500 is in the top 10 of the following ratings:
Reliability
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Reliability | 4.2/5 | 5/5 |
| Foundation Year | 2005 | 2007 |
| Regulated in Countries | British Virgin Islands, Malaysia | Cyprus, United Kingdom, Australia, Seychelles, Estonia, Singapore, United States |
| Regulators | BVIFSC BVIFSC LFSA LFSA | CySEC CySEC FCA FCA ASIC ASIC NZ FMA NZ FMA FSCA FSCA SFSA SFSA EFSA EFSA MAS MAS CFTC CFTC NFA NFA |
IFC Markets
The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.
Pros
- Multi-jurisdictional regulation.
- Insurance against professional liability.
Cons
- Lack of regulation in countries with stricter requirements.
Plus500
Plus500 is registered and regulated in several jurisdictions by authoritative bodies. This means that the broker is required to adhere to strict financial standards and provide regular reports on its activities to regulators.
Account Opening
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
Plus500
Opening an account with Plus500 is straightforward due to its fast registration and low minimum deposit. Beginners should use the demo account and Trading Academy to learn before real trading.
Account Types
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Account Types | 4.3/5 | 2/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.4 points | from 0.6 points |
| Max Leverage | 1:400 | 1:30 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
IFC Markets
IFC Markets offers a good selection of accounts that meet the requirements of various categories of traders, though there are some limitations.
Pros
- A wide selection of trading accounts.
- Swap-free accounts for Islamic traders.
- PAMM accounts available.
Cons
- Absence of STP and ECN accounts.
Plus500
The lack of account diversity and market execution of orders at Plus500 significantly limits flexibility and opportunities for traders of various categories.
Commissions
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Commissions | 3/5 | 3.5/5 |
| Spread | from 0.4 points | from 0.6 points |
| Average Spread (EURUSD) | 1.4 | 1.2 |
| Commission per Lot |
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
Plus500
Plus500 offers clients market average trading commissions.
Pros
- No commission for deposit or withdrawal.
Cons
- Inactivity account fee.
Deposit and Withdrawal
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
|
|
IFC Markets
IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.
Pros
- Wide choice of deposit and withdrawal methods.
- No broker commissions on financial transactions.
Cons
- Withdrawals can only be made through the same method as deposits.
- Withdrawal requests may take up to 2 business days to process.
Plus500
Plus500 offers convenient and diverse methods for depositing and withdrawing funds, but processing requests may take up to 3 business days.
Pros
- Wide selection of payment systems.
- No commission for depositing and withdrawing.
Markets and Products
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 65 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 4 | 7 |
| Soft Commodities | 16 | 10 |
| Indices | 12 | 36 |
| Stocks | 461 | 1550 |
| ETF | 4 | 96 |
| Cryptocurrency | 14 | - |
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
Plus500
Plus500 offers a deep diversity of products and markets, including CFDs on currencies, indices, commodities, stocks, and ETFs from various countries worldwide.
Trading Platforms
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 5/5 | 4.2/5 |
| Trading Platforms |
|
|
IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
Plus500
Plus500 offers an efficient, user-friendly platform, however, there is no choice between platforms.
Pros
- Proprietary platform
- Available on mobile devices.
Cons
- No choice between platforms.
Analytics
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
Plus500
Plus500 offers good analytical tools and useful services.
Pros
- Insights+
- ESG scoring
- Convenient risk management tools
Education
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 5/5 | 5/5 |
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
Plus500
Plus500 offers its users quality training through webinars, interactive materials and e-books. This allows traders to gain comprehensive knowledge for a successful start and effective trading.
Pros
- Quality and detailed video lessons
- Free webinars from independent experts
- Interactive guides and e-books
Customer Support
| Broker | IFC Markets | Plus500 |
|---|---|---|
| Rating | 4.5/5 | 3.7/5 |
| Email Support |
|
|
| Hotline Phones |
| — |
| Social Media |
Skype
Telegram
Whatsapp
Messenger
Facebook
Instagram
Twitter
LinkedIn
YouTubeIFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
Plus500
The Plus500 customer support is limited and not ideal, although it provides support in multiple languages 24/7.
Pros
- Support in many languages.
- Operates around the clock.
Cons
- Lack of direct communication channels (e.g., telephone).
- Potential delays in responses due to limited communication channels.
