Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Israel, choosing between FxPro and Plus500 is a critical decision that impacts trading costs, platform flexibility, and regulatory safety. Both brokers are licensed by the Israel Securities Authority (ISA), ensuring compliance with local leverage limits and investor protection. FxPro, with a strong 4.1/5 rating, is a multi-asset broker offering over 70 currency pairs, indices, and commodities, plus advanced platforms like MetaTrader 4 and 5. Plus500, scoring 3.7/5, is a user-friendly CFD broker known for its proprietary platform and simplicity. Israel traders often prefer FxPro for its tighter spreads and greater customization, while Plus500 appeals to those wanting a streamlined experience. Both support local ILS deposits via Bank Transfer and Credit Card, making them accessible for the Israeli market. This comparison will help you decide which broker aligns with your trading style and local needs.
| Instrument | FxPro | Plus500 | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Plus500 |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Plus500 |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Plus500 |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Plus500 |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
When comparing trading costs for Israel traders, FxPro has a clear advantage. Its Raw account offers spreads from 0.6 pips on EUR/USD, with a small commission of $4.5 per lot. Plus500 operates on a spread-only model, with average EUR/USD spreads around 1.2 pips. For active Israel traders trading multiple lots daily, FxPro's lower spreads can save hundreds of shekels per month. Both brokers have no deposit fees, but Plus500 may have overnight funding charges that impact long-term positions. FxPro also provides volume-based rebates for high-frequency traders, which is beneficial for experienced Israeli scalpers.
| Account Type | FxPro | Plus500 |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | FxPro | Plus500 |
|---|---|---|
| Israel (offshore) | Up to 1:500 | Up to 1:300 |
| Forex major pairs | 1:500 | 1:300 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FxPro | Plus500 | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Plus500 |
| ETFs | ✗ | ✓ | Tie |
| Platform | FxPro | Plus500 |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✗ |
FxPro offers the industry-standard MetaTrader 4 and 5 platforms, plus its own cTrader platform, giving Israel traders advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. Plus500 uses a proprietary web-based platform that is intuitive but lacks third-party tools and EAs. For experienced Israeli traders who rely on technical analysis and algorithmic strategies, FxPro's platform ecosystem is superior. Plus500's platform is better for beginners or traders who prioritize simplicity and mobile trading, but it may frustrate advanced users needing deeper customization.
| Factor | FxPro | Plus500 | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Plus500 |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✗ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FxPro uses No Dealing Desk (NDD) execution with straight-through processing (STP), ensuring fast order execution with minimal slippage. Plus500 also uses STP but may experience requotes during volatile markets. For Israel traders trading major forex pairs during high-liquidity hours, FxPro’s execution is more reliable, especially for scalping strategies. Plus500’s execution is adequate for swing traders but less suitable for high-frequency trading.
| Safety Factor | FxPro | Plus500 |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FxPro and Plus500 are regulated by the Israel Securities Authority (ISA), ensuring they meet strict capital adequacy and client fund segregation requirements. For Israel traders, this means deposits are held in separate accounts and cannot be used for broker operations. FxPro also holds licenses from the FCA (UK) and CySEC, providing additional oversight. Plus500 is listed on the London Stock Exchange, adding transparency. The ISA limits leverage to 1:30 for forex, which both brokers comply with, protecting Israeli clients from excessive risk. This regulatory framework gives Israel traders confidence in both brokers’ safety.
| Payment Method | FxPro | Plus500 |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 1 business day | 1 to 3 business day |
For Israel traders, both FxPro and Plus500 support Bank Transfer and Credit Card deposits in ILS. FxPro processes Credit Card deposits instantly with no fees, while Bank Transfers take 1-2 business days and may incur intermediary bank charges. Plus500 also offers free Credit Card deposits and Bank Transfers, with a minimum deposit of $100. Withdrawals at FxPro are free via Bank Transfer, typically processed within 1-2 business days. Plus500 charges a small withdrawal fee for Bank Transfers (around $10) and takes 3-5 days. Credit Card withdrawals are not available at Plus500, while FxPro allows withdrawal back to the same card. Overall, FxPro offers faster and cheaper withdrawal options for Israel traders.
| Islamic Account Feature | FxPro | Plus500 |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Israel Muslim traders who require Sharia-compliant trading. FxPro provides Islamic accounts on request, eliminating swap charges on overnight positions for forex, indices, and commodities. Plus500 automatically applies swap-free status for accounts from Muslim-majority regions, including Israel, with no extra paperwork. However, FxPro’s Islamic accounts maintain full access to all platforms and trading tools, while Plus500’s swap-free accounts may have limited instrument availability. For Israel traders seeking a comprehensive Islamic trading experience, FxPro is the better choice.
| Support Feature | FxPro | Plus500 | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
FxPro offers 24/5 customer support via live chat, email, and phone, with Hebrew language support available. Plus500 provides 24/7 live chat and email support, but Hebrew is not officially listed. For Israel traders, FxPro’s local language support and dedicated account managers for higher-volume clients give it an edge. Plus500’s support is efficient but more generic, relying on a comprehensive FAQ section for self-help.
| Mobile Feature | FxPro | Plus500 | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Plus500 | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | ✗ | FxPro |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Plus500 if you...
For experienced Israel traders, FxPro is the clear winner with its higher 4.1/5 rating, tighter spreads, and advanced platform options. It offers better value for those trading larger volumes and needing customizable tools like Expert Advisors. Plus500, scoring 3.7/5, is a solid alternative for traders who prioritize simplicity and a hassle-free experience. Both brokers are regulated by ISA Israel and support local ILS deposits via Bank Transfer and Credit Card. However, FxPro’s faster withdrawals, Hebrew support, and superior cost structure make it the preferred choice for serious Israeli retail traders. If you’re an active trader looking to maximize efficiency, go with FxPro.