EasyMarkets vs Plus500 for Israel Traders (2026)

For Israel traders, trading costs directly impact profitability, especially when trading in ILS. Plus500 offers variable spreads starting from 0.6 pips on major forex pairs, which can shrink further on high-volume trades – ideal for experienced scalpers. EasyMarkets uses fixed spreads (e.g., 1.2 pips on EUR/USD), meaning no slippage surprise, but higher costs for large lot sizes. Plus500 also charges an overnight financing fee (swap), while EasyMarkets offers competitive swap rates but with a wider fixed spread. Over 100 trades per month, the spread difference can amount to hundreds of shekels. Additionally, EasyMarkets' 'DealCancellation' fee (a small commission) may add costs for indecisive traders. Compare the total cost across your typical trade size and holding period to decide.

Platform choice is crucial for Israeli traders. Plus500 uses its own web and mobile platforms, known for a clean interface, advanced charting with 100+ technical indicators, and one-click trading – well-suited for experienced retail traders. It supports Hebrew language and local time zones. EasyMarkets offers MetaTrader 4 (MT4) in addition to its proprietary web-based platform. MT4 provides algorithmic trading via Expert Advisors (EAs) and extensive customization, which experienced traders in Israel may prefer. However, EasyMarkets' proprietary platform includes unique tools like risk reversal and guaranteed stop-loss. If you value automation and community support, EasyMarkets' MT4 access is a strong advantage; for speed and simplicity, Plus500's dedicated platform may be better.

Execution quality matters for experienced traders. Plus500 uses STP (straight-through processing) with no requotes, offering fast execution on its proprietary platform, but may widen spreads during volatile news. EasyMarkets uses a market maker model with fixed spreads, providing stable execution but with potential slippage on large orders. Plus500’s volume-based pricing can result in better fills for high-frequency traders, while EasyMarkets' guaranteed stop-loss ensures no slippage on stop orders – a valuable feature for risk-focused Israeli traders. Both operate under ISA leverage rules, minimizing execution risks from over-leveraging.

Both EasyMarkets and Plus500 are regulated by the Israel Securities Authority (ISA), ensuring compliance with local leverage caps (max 1:50 for forex) and client fund segregation. For Israel traders, this means your deposits are held in separate accounts and protected from broker insolvency. Plus500 is also listed on the London Stock Exchange (LSE), adding corporate transparency. EasyMarkets holds additional licenses from CySEC and ASIC, offering extra layers of oversight. However, the ISA's strict regulations mean no bonuses or negative balance protection – both brokers adhere to this. Always ensure you are trading with the ISA-licensed entity, as offshore clones exist. The ISA also mandates that brokers display clear risk warnings, which both do.

Israeli traders can deposit using Bank Transfer (ILS) or Credit Card (Visa/Mastercard) with both brokers. Plus500 also supports Skrill and Neteller, while EasyMarkets adds PayPal. Bank transfers are free but take 1-2 business days; credit cards are instant with no charge. Minimum deposit: Plus500 requires $50 (≈185 ILS), EasyMarkets $100 (≈370 ILS). Withdrawals are processed within 1-3 business days to the same method. Plus500 charges a small withdrawal fee (e.g., $3 for bank transfers), while EasyMarkets typically covers the first withdrawal per month. For large withdrawals, Plus500 may require identity verification. Both brokers offer ILS accounts, avoiding conversion fees. Active traders will appreciate Plus500’s lower entry barrier, while EasyMarkets’ free monthly withdrawal can save costs over time.

Muslim traders in Israel seeking Sharia-compliant trading can use swap-free accounts at both brokers. EasyMarkets explicitly offers Islamic accounts with no overnight interest charges across all instruments, and they are easy to request via customer support. Plus500 also provides swap-free accounts but only for clients from specific regions; Israeli traders should confirm eligibility before opening. If granted, the account operates like a standard account but without swaps on positions held overnight. It's important to note that some CFD products may still incur administrative fees. EasyMarkets' straightforward policy makes it a more reliable choice for Israel-based Muslim traders who want guaranteed swap-free trading.

EasyMarkets offers 24/5 live chat and phone support in Hebrew, alongside email support – crucial for Israeli traders needing real-time assistance in their local language. Plus500 provides 24/7 live chat and email support, also available in Hebrew, but phone support is limited. Response times are generally fast, but Plus500’s support team may take longer for complex queries due to higher volume. EasyMarkets features a dedicated account manager for VIP traders. For urgent issues during Israeli trading hours, both are adequate, but EasyMarkets edges ahead with Hebrew phone support.