IC Markets vs Plus500
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.6
4.5
12 pts
Head to head
Winners by category
Full comparison table
Rating
IC Markets
4.6
Plus500
4.5
Model score
IC Markets
92
Plus500
80
Regulation
IC Markets
ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)
Plus500
Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US).
Spreads
IC Markets
Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.
Plus500
Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips.
Fees
IC Markets
Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.
Plus500
100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders.
Platforms
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader
Plus500
Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts.
Account types
IC Markets
Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo
Plus500
Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account.
Min deposit
IC Markets
$0 (Recommended starting deposit: $200)
Plus500
$100 for credit/debit cards and electronic wallets; $500 for bank wire transfers.
| Topic | IC Markets | Plus500 |
|---|---|---|
| Rating | 4.6 | 4.5 |
| Model score | 92 | 80 |
| Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas) | Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US). |
| Spreads | Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs. | Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips. |
| Fees | Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k. | 100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders. |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader | Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts. |
| Account types | Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo | Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account. |
| Min deposit | $0 (Recommended starting deposit: $200) | $100 for credit/debit cards and electronic wallets; $500 for bank wire transfers. |