IC Markets Vs Plus500 For Jordan Traders (2026)

For Jordan traders, trading costs are a key factor. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account, with a commission of $3.50 per lot round turn. Plus500 uses variable spreads starting at 0.6 pips for EUR/USD, with no commission. On a typical 10-lot trade per month, IC Markets costs about $35 in commission plus 0.0 pips spread, while Plus500 would cost around $60 in spread alone. For high-volume Jordan traders, IC Markets is significantly cheaper. Plus500's spreads widen during volatile news events, which can increase costs for scalpers. Overall, IC Markets provides superior cost efficiency for active Jordan traders.

IC Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all popular among Jordan traders for their advanced charting and automated trading capabilities. Plus500 provides its proprietary web-based platform and mobile app, which is intuitive but lacks advanced tools. For Jordan traders who use Expert Advisors (EAs) or require detailed analysis, IC Markets is the clear winner. Plus500's platform is better for beginners who want simplicity. Both platforms are available in English and Arabic, but IC Markets' broader platform choice gives it an edge for experienced traders in Jordan.

IC Markets uses Straight Through Processing (STP) with no dealing desk, offering execution speeds below 40ms. Plus500 is a market maker, meaning it takes the other side of your trade. For Jordan scalpers and day traders, IC Markets' faster execution and no re-quotes are crucial. Plus500's execution is reliable but can result in slippage during high volatility. IC Markets is better for precision trading.

Jordan traders have several options for funding their accounts. IC Markets supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with no deposit fees and instant processing for e-wallets and USDT. Bank transfers take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and USDT, and 2-5 days for bank transfers. Plus500 accepts Bank Transfer and credit/debit cards, but not Skrill, Neteller, or USDT TRC20. This makes IC Markets more convenient for Jordan traders, especially those using crypto. Both brokers require identity verification for withdrawals. IC Markets' support for USDT TRC20 is a major advantage for Jordanians seeking fast, low-cost deposits.

Both IC Markets and Plus500 offer Islamic (swap-free) accounts for Jordan Muslim traders. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, cTrader) with no additional fees. Plus500 offers Islamic accounts as a standard option, but it may apply a small admin fee after a certain holding period. For long-term positions, IC Markets is more cost-effective. Both brokers ensure compliance with Sharia law by not charging or paying interest on overnight positions. Jordan traders should request the Islamic account during registration to avoid swap charges.

IC Markets offers 24/7 customer support via live chat, email, and phone, with Arabic language support available. Plus500 provides 24/7 support through live chat and email, but phone support is limited. For Jordan traders, IC Markets' round-the-clock support and Arabic assistance are more reliable. Plus500's support is adequate but lacks the personal touch. Both brokers have extensive FAQ sections on their websites.