Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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Plus500US
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InstaTrade
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Plus500US, a reputable broker since 2021, is authorized by the CFTC and NFA. It offers futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a quick 10-minute signup, a $100 minimum deposit, and an easy-to-use web platform, Plus500 is enhancing its services for traders in the US. | InstaTrade, located in the British Virgin Islands, is an online broker that focuses on structured fixed income products and active trading via CFDs. Its no-spread accounts, outstanding research primarily from InstaTrade TV, and access to the well-known MT4 and InstaTrade Gear make it a good choice for traders of all levels. | |
| Instruments | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts | FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $100 | $1 |
| Trading Platforms | WebTrader, App | InstaTrade Gear, MT4 |
| Payment Methods | ACH Transfer, Apple Pay, Debit Card, Google Wallet, Mastercard, Visa, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa, Wire Transfer |
| Minimum Trade | Variable | 0.01 |
| Regulator | CFTC, NFA | BVI FSC |
| Account Currencies | USD | USD, EUR, RUB |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | InstaTrade's app, downloaded over 2 million times, lets you trade its 300+ instruments easily. With a fast, modern interface, it offers real-time quotes, various orders, and analysis tools. Notably, it includes 'hot' ideas and trading signals to help investors spot opportunities. | |
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| Margin Trading | ✓ | ✓ |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✓ |
| Market Maker | ✓ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✗ |
| Auto Trading | Experts Advisors (EAs) on MetaTrader | |
| Copy Trading | ✗ | ✓ |
| Copy Trading Platform | InstaTrade provides automated trading through its Fixed Income Structured Product, allowing clients to mirror active traders' positions. Uniquely, InstaTrade promises a 50% return to clients by covering any shortfall if they refer other users. | |
| Social Trading | ✗ | ✗ |
| VPS Hosting | ✗ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | |
| Islamic Account | ✗ | ✗ |
CFD Trading | ||
InstaTrade provides the option to trade CFDs in a variety of markets, including stocks, indices, forex, and commodities. Its unique feature is the dynamic leverage that goes up to 1:1000, which can increase potential returns and losses. It also offers negative balance protection, which prevents accounts from dropping below zero. | ||
| Leverage | Variable | 1:1000 |
| FTSE Spread | 660 | |
| GBPUSD Spread | 0.2 | |
| Oil Spread | 0.0 | |
| Stocks Spread | 8 (Apple Inc) | |
Forex Trading | ||
Plus500 US provides futures trading for 13 currencies, including well-known pairs such as EUR/USD and GBP/USD. Trading margins start at $40, which are competitive. The educational materials they offer effectively explain the fundamental aspects of forex futures for novice traders. | InstaTrade provides approximately 100 currency pairs for trading. The spreads begin at 0.0 on major pairs, and our web platform also includes integrated forex analysis with signals, technical and fundamental summaries. They also offer educational content for beginners, which explains forex basics including margin trading and risk management. | |
| GBPUSD Spread | 0.2 | |
| EURUSD Spread | 0.75 | 0.0 |
| EURGBP Spread | 2.8 | |
| Assets | 13 | 65 |
Cryptocurrency Trading | ||
Plus500's Micro-Bitcoin and Micro-Ethereum futures offer a basic introduction to crypto trading by allowing trades on the two most widely recognized digital assets. However, it's important to note that these derivative contracts don't permit direct crypto ownership, they simply allow for price speculation. | InstaTrade provides an option to trade approximately 12 cryptocurrencies against the USD through CFDs. They have very low fees, especially for significant assets like BTC/USD with spreads starting from 0. They also provide a dedicated blog with valuable technical advice to help traders make effective decisions. | |
| Crypto Coins | MicroBitcoin, MicroEthereum | BTC, ETH, XRP, LTC, SOL, UNI, DOGE, BCH, FIL, ADA, DOT, LINK |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |