Tickmill vs Plus500: A Detailed Comparison for Israel Traders (2026)

For Israeli traders, trading costs are a key factor, especially for those trading high volumes. Tickmill offers a Raw account with spreads from 0.0 pips and a low commission of $3 per lot per side, making it one of the most cost-effective brokers for forex trading. Plus500 uses a spread-only model with no commission, but its spreads are typically wider, especially on major pairs like EUR/USD. For example, Tickmill's spread on EUR/USD can be as low as 0.1 pips, while Plus500's average spread is around 0.6-0.8 pips. Over many trades, the difference adds up, making Tickmill the better choice for cost-conscious Israeli traders who trade frequently or in large sizes.

Israeli traders who value advanced charting and automated trading will prefer Tickmill's MetaTrader 4 and MetaTrader 5 platforms, which are industry standards for professional trading. These platforms offer extensive indicators, custom scripts, and Expert Advisors (EAs). Plus500 uses a proprietary web-based platform that is intuitive and beginner-friendly, with features like guaranteed stop-loss orders. However, it lacks the depth of MT4/MT5. For experienced traders in Israel who need powerful tools and flexibility, Tickmill is the stronger choice. Plus500 suits those who prefer simplicity and a built-in social trading feed.

Tickmill is known for its fast execution speeds, often under 0.2 seconds, with no requotes, making it ideal for scalpers and high-frequency traders in Israel. Plus500 also offers reliable execution but uses a dealing desk model, which can lead to occasional requotes during volatile markets. For Israeli traders who prioritize speed and precision, Tickmill is the better choice. Plus500's execution is adequate for most retail traders but may not satisfy those with aggressive strategies.

Both Tickmill and Plus500 operate under reputable regulatory bodies, but neither is directly regulated by the Israel Securities Authority (ISA). Tickmill is regulated by the FCA (UK), CySEC (Cyprus), and other top-tier authorities, ensuring high standards of client fund segregation and negative balance protection. Plus500 is regulated by the FCA, CySEC, and ASIC, among others. For Israeli traders, this means your funds are protected under European regulations, but you are not covered by ISA's local compensation scheme. Always check the specific entity accepting Israeli clients to ensure it aligns with your risk preferences. Both brokers are considered safe and transparent for international traders.

For Israeli traders, depositing and withdrawing funds is straightforward with both brokers. Tickmill supports Bank Transfer and Credit Card deposits, as well as e-wallets like Skrill, Neteller, and WebMoney. Minimum deposit starts at $100 (approx. 370 ILS). Withdrawals are processed within 1-2 business days, and there are no fees from Tickmill. Plus500 also accepts Bank Transfer and Credit Card deposits, with a minimum deposit of $100 (approx. 370 ILS). Withdrawals are processed within 3-5 business days, and Plus500 charges a small fee for bank transfers. For Israeli traders, Tickmill offers faster withdrawals and more payment options, making it more convenient for local users.

Both Tickmill and Plus500 offer Islamic (swap-free) accounts for Muslim traders in Israel who wish to trade in accordance with Sharia law. Tickmill provides swap-free accounts upon request for eligible clients, with no overnight interest charges on positions. Plus500 automatically applies swap-free status to accounts from predominantly Muslim countries, including Israel, and removes all swap fees. However, Plus500's swap-free accounts may have some restrictions on certain instruments. Israeli traders should contact support to confirm terms before opening an account. Both brokers are accommodating, but Tickmill offers more transparency on conditions.

Both brokers offer customer support in English, which is widely used by Israeli traders. Tickmill provides 24/5 live chat, email, and phone support, with fast response times. Plus500 offers 24/7 live chat and email support, which is an advantage for traders who need assistance outside regular hours. However, Tickmill's support is often rated higher for technical issues. Israeli traders may find Plus500's 24/7 availability useful, but Tickmill's dedicated support team is more responsive for complex queries.