Broker Reviewed

IC Markets
Pepperstone
Interactive Brokers
IG
Plus500
Our Rating
8.83
9.17
8.17
6.67
5.83
Best Spread Broker
Most Awarded Broker
CFD + Stockbroker
Risk management features
Ideal For Beginners

Regulations and Licenses

Feature
IC Markets
Pepperstone
Interactive Brokers
IG
Plus500
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CFTC (U.S.A)
FSCA (South Africa)
Pending
IIROC (Canada)
FMA (New Zealand)
Dubai (DFSA)

Brokerage

Feature
IC Markets
Pepperstone
Interactive Brokers
IG
Plus500
EUR/USD Avg. Raw Spread
0.1
0.13
0.17
GBP/USD Avg. Raw Spread
0.4
0.51
0.6
AUD/USD Avg. Raw Spread
0.2
0.18
0.3
EUR/USD Standard Spread
1.1
1.13
0.7
0.6
EUR/USD Fixed Spreads
Commissions (USD Base)
USD $3.50
AUD $3.50
USD $1mil = 0.20% (IBKR)
Commission Rebates
Minimum Deposit
USD $200
$200
$0
$450
$0
Has Islamic Account
No Inactivity Fees
Funding Methods
15
16
4
4
3
No Funding Fees

Markets and Instruments

Feature
IC Markets
Pepperstone
Interactive Brokers
IG
Plus500
Currency Pairs
65+
66+
115+
90+
60+
Cryptocurrency CFDs
10+
4+
8
10+
Index CFDs
16+
2+
26+
37
67+
Share CFDs
100+
5+
1000+
8,600+
1816+
Commodities CFD
19+
4+
26
17+
Stockbroking
50,000+
Retail Max. Leverage
500:1
500:1
33:1
200:1
FCA 30:1 ASIC 300:1 MAS 20:1
Professional Leverage
500:1
500:1
200:1
300:1

Trading Platforms + Tools

Feature
IC Markets
Pepperstone
Interactive Brokers
IG
Plus500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
ESMA regulated territories only
ESMA regulated territories only
Demo Account
Unique Feature 1
ECN pricing
Smart Trader Tools
125 Markets, 31 Countries, 22 Currencies
Guaranteed stop loss orders
Trade cannabis index and share CFDs
Unique Feature 2
Range of fee free funding options
Fast Execution Speed
Earn interest on idle cash balances automatically
Choice of Platforms
Guaranteed stop loss trading option

Overall