Plus500 vs Tiger Brokers
| Plus500 | Tiger Brokers |
|---|---|
4.1
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3.5
Tiger Brokers is #33 in our broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC. |
Founded in 2014, Tiger Brokers is a stocks and securities broker based in China, offering 350+ products on a proprietary trading terminal. The broker is regulated by the Monetary Authority of Singapore (MAS) among others, and is listed on NASDAQ. As of 2021, the broker has 2 million account holders with an annual trading volume of $404.3+ billion. |
| 82% of retail CFD accounts lose money. | |
| Customer Reviews | |
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4.3
Based on 4 Plus500 customer reviews
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| Comment by Reviewer | |
| "Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources." | "Based on my experience, Tiger Brokers is an excellent choice for dedicated stock traders looking to trade US, Asian and Australian shares, as well as options, futures, warrants and interest rates. It’s also great for anyone looking for explore an innovative proprietary trading platform." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto | Stocks, Options, Futures, Stock Options, ETFs, Warrants, Interest Rates |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| Variable | 1 Lot |
| Regulator | |
| FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA | MAS, SEC & FINRA, ASIC, SIPC, NFA, DTC, NSCC, HKMA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 3.0% | |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS, Android & Windows | Yes |
| App Review | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
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| Android App Rating | |
4.3 |
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| iOS App Rating | |
4.1 |
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| Auto Trading | |
| No | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| No | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. Due to the prohibition of CFDs in the US, Plus500 doesn’t facilitate CFD trading for US customers. However, the company does provide access to a new platform called TradeSniper, specifically tailored for trading futures, which is accessible to US traders. | CFD trading not offered |
| Leverage | |
| 1:30 | 1:4 |
| FTSE Spread | |
| Dynamic | N/A |
| GBPUSD Spread | |
| Dynamic | N/A |
| Oil Spread | |
| Dynamic | N/A |
| Stocks Spread | |
| Dynamic | Variable |
| Forex Trading | |
| Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. | Forex trading not offered |
| Forex App | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
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| GBPUSD Spread | |
| Dynamic | |
| EURUSD Spread | |
| Dynamic | |
| EURGBP Spread | |
| Dynamic | |
| Assets | |
| 60+ | |
| Cryptocurrency | |
| Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. | Crypto trading not offered |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| 82% of retail CFD accounts lose money. | |