Best Plus500 Alternatives 2026
Top forex and CFD brokers similar to Plus500 with better spreads, more platforms, and enhanced features.
Written by
James Anderson
Fact Checked by
Emily Watson
Top 10 Plus500 Alternatives
Plus500 is known for its simple proprietary platform and wide instrument range. If you're looking for alternatives with MT4/MT5 support, lower spreads, or copy trading features, we've identified brokers that offer more for active traders.
Why look for Plus500 alternatives?
Traders often seek alternatives for MT4/MT5 access (Plus500 uses proprietary only), lower spreads, or features like copy trading.
Plus500 Comparison
How each compares.
| Broker | ||
|---|---|---|
| XM | MT4/MT5, better education | MT4/MT5, better education |
| Exness | Lower spreads, instant withdrawals | Lower spreads, instant withdrawals |
| AvaTrade | AvaTradeGO similar UX, MT4/MT5 | AvaTradeGO similar UX, MT4/MT5 |
| HFM | Copy trading, zero spreads | Copy trading, zero spreads |
| Axi | Raw spreads, ProTrader tools | Raw spreads, ProTrader tools |
| FXTM | FXTM Invest copy trading | FXTM Invest copy trading |
| Capital.com | Similar simple interface, AI tools | Similar simple interface, AI tools |
| IG | More instruments, better research | More instruments, better research |
| CMC Markets | Award-winning platform | Award-winning platform |
| Pepperstone | Raw spreads, multiple platforms | Raw spreads, multiple platforms |
Detailed Broker Analysis
MT4/MT5 with excellent education.
XM offers MT4/MT5 platforms that Plus500 lacks, with comprehensive education for beginners.
Tighter spreads, instant withdrawals.
Exness offers spreads from 0.0 pips vs Plus500's wider spreads, plus instant withdrawals.
Similar simple interface plus MT4.
AvaTrade's AvaTradeGO app offers similar simplicity to Plus500's app, plus MT4/MT5 options.
Copy trading Plus500 lacks.
HFM adds copy trading that Plus500 doesn't offer, with zero deposit requirement.
Professional tools, raw spreads.
Axi offers ProTrader tools and raw spreads for traders who've outgrown Plus500's simplicity.
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January 2026