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Best Plus500 Alternatives 2026

We ranked substitutes that actually make sense for Plus500 users — prioritizing similar regulation, platform overlap, account fit, and obvious upgrade paths instead of recycling a generic top-brokers list.

Plus500 scores 7.8/10 in our review model, which means this is not a “run away” page. It is a switch page. The shortlist below is tuned for traders who want something close in profile, but better on one of the usual pain points: costs, platform workflow, regulation, or product depth.

The top match right now is Forex.com, because it overlaps most cleanly with Plus500 on platform stack, account fit, and broker profile while still offering a stronger overall package.

Best lower-fee switch

IC Markets

Trading-cost score: 9.5/10 · spreads from 0.0 pips

Best platform upgrade

IG

Platforms: IG Platform, MT4, ProRealTime

Best trust-first option

IG

Regulation score: 10.0/10

Top 5 Alternatives to Plus500

# Broker Why it fits Overall Score Min Deposit Spreads Regulation
1
F
Forex.com Alt fit score: 22.1
Platform-led upgrade if you want more than Plus500 WebTrader, Plus500 App. 8.5 $100 0.0 pips
FCA ASIC CySEC
Review →
2
A
Admirals Alt fit score: 21.8
Platform-led upgrade if you want more than Plus500 WebTrader, Plus500 App. 8.4 $100 0.0 pips
CySEC FCA ASIC
Review →
3
I
IG Alt fit score: 21.6
Lower-cost pick with a trading-cost score 1.0 points higher than Plus500. 9.2 $250 0.6 pips
FCA ASIC MAS
Review →
4
I
IC Markets Alt fit score: 20.4
Lower-cost pick with a trading-cost score 2.0 points higher than Plus500. 8.8 $200 0.0 pips
ASIC CySEC FSA
Review →
5
P
Pepperstone Alt fit score: 20.1
Lower-cost pick with a trading-cost score 1.0 points higher than Plus500. 8.5 $0 0.0 pips
ASIC FCA CySEC
Review →

Plus500 vs Forex.com — Side by Side

P

Plus500

Est. 2008

7.8
Min Deposit $100
Spreads From 0.8 pips
Max Leverage 1:300
Instruments 2,800
Trading Costs 7.5/10
Platforms 7.0/10
Regulation
FCA CySEC ASIC MAS
F

Forex.com

Est. 2001

8.5
Min Deposit $100
Spreads From 0.0 pips
Max Leverage 1:200
Instruments 5,000
Trading Costs 8.0/10
Platforms 8.5/10
Regulation
FCA ASIC CySEC

Why traders switch from Plus500

Trading costs are decent rather than elite. If spreads and commissions are your main headache, IC Markets is the cleaner upgrade.

IG looks like the best platform-led upgrade if your current setup feels limiting.

Plus500 is already strongly regulated, so alternatives should be judged more on execution, platforms, and account terms than on trust alone.

Frequently Asked Questions

What is the best alternative to Plus500?
Right now, Forex.com is the strongest like-for-like substitute. It keeps the closest profile match to Plus500 while landing a stronger overall score at 8.5/10.
Which alternative has the lowest fees?
Among the top substitutes, IC Markets is the clearest cost-led option. It scores 9.5/10 for trading costs in our testing and starts from 0.0 pips spreads.
Is Plus500 a bad broker?
No. Plus500 is still a credible broker with a 7.8/10 overall score. This page exists because “good” is not the same as “best for your setup.”
Can I move my account from Plus500 to another broker?
Not directly. In practice, you withdraw from Plus500, open a new account elsewhere, and fund it again. The annoying part is admin, not technology.