Comparison IFC Markets vs Plus500
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IFC Markets vs Plus500. Which of them: IFC Markets or Plus500 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IFC Markets on regular transactions of the stock exchange is from 0.1%, and Plus500 has a commission fee of from 0.45%. For trading in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, while the commission fee of Plus500 is from 0.6 pips. When analyzing commission fees in CFD: IFC Markets provides spreads from 34 pips, and Plus500 provides from 0.065%. For a more complete picture, let’s consider trading in the metal market, where IFC Markets and Plus500 have commission fees of fixed spreads at 45 pips 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, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by Plus500. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Plus500 was established in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. Withdrawal of funds from IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. And Plus500 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of £0. The time for withdrawal in IFC Markets is 1 - 5 business days, and that one in Plus500 is 1-2 working days.
As a result, the rating of IFC Markets is 4.8 stars versus that of Plus500 of 4 stars.