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eToro vs Plus500: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD/FX trading

eToro is better than Plus500 for CFD trading by a small margin, because it has more tradable symbols (5,461 against 2,800) and API access, as well as copy and social trading. Plus500, on the other hand, has a lower EUR/USD cost (8.00 USD per lot against 11.60 USD) and guaranteed stop-loss orders. It has faster deposits (1 day against 5 days) and withdrawals (1 day against 7 days). eToro is regulated by CySEC, the FCA and ASIC, with an offshore company regulated by the FSA (Seychelles) and a US company registered with FinCEN, while Plus500 is regulated by CySEC, the FCA, ASIC and the DFSA, with an offshore company regulated by the FSA (Seychelles). eToro asks for 50.00 USD at most of its companies and 100.00 USD at its offshore company, while Plus500 asks for 100.00 USD at most of its companies and 70.00 USD at its Australian company. Both have a proprietary trading platform and app, and offer a demo account that does not expire. eToro offers crypto CFDs at its European, Australian and offshore companies, while Plus500 offers them at its European, Australian, UAE and offshore companies.

Our verdict · Real stock investing

eToro is better than Plus500 for real stock investing, because it lets you own crypto and ETFs outright, and it offers copy and social trading. Plus500, on the other hand, charges 0.12 USD on US stocks, against 2.00 USD at eToro. Plus500 has faster account funding (1 day against 5 days) and faster withdrawals (1 day against 7 days). eToro is regulated by CySEC, the FCA and ASIC, with an offshore company regulated by the FSA (Seychelles) and a US company registered with FinCEN, while Plus500 is regulated by CySEC, the FCA, ASIC and the DFSA, with an offshore company regulated by the FSA (Seychelles). eToro asks for 100.00 USD at its offshore company and 50.00 USD at its other companies, while Plus500 asks for 70.00 USD at its Australian company and 100.00 USD at its other companies. Both brokers have a demo account with no expiry, as well as a proprietary trading platform and app.

Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of eToro's Cyprus entity and Plus500's Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of eToro's Cyprus entity and Plus500's Cyprus entity.

Best overall Best overall

eToro

CFDCFD eToro offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX eToro offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. StocksStocks eToro lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that.
eToro review ›
83CFD/FXOverall score eToro scores 83/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. 85StocksOverall score eToro scores 85/100 for stock investing. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

61% of retail CFD accounts lose money. Below content does not apply to US users.

Plus500

CFDCFD Plus500 offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX Plus500 offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side. StocksStocks Plus500 lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that.
Plus500 review ›
77CFD/FXOverall score Plus500 scores 77/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas. 74StocksOverall score Plus500 scores 74/100 for stock investing. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

CFD service. 82% of retail investor accounts lose money

Best for

What we compare A comparison of the kinds of traders eToro and Plus500 are best suited to, based on what each one actually offers in .
1 / 12

eToro is better than Plus500 for professional traders, high-volume traders and algo traders. Both are a good fit for long-term investors, swing traders and news traders.

Best for
Overall score eToro 83 Best 85 Best Plus500 77 -6 74 -11
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

What we compare A comparison between the financial authorities that supervise eToro and the ones that supervise Plus500.
2 / 12

eToro and Plus500 are both regulated by top-tier authorities, eToro by CySEC, ASIC (Australia) and the SEC (United States) and Plus500 by CySEC, ASIC (Australia) and the FCA (United Kingdom).

Regulation
Section score eToro 100 100 Plus500 100 100
Tier-1 regulators
ESMA (European Union) i CySEC (Cyprus) CySEC (Cyprus)
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

What we compare A comparison of the tools and services that eToro and Plus500 have in place to protect your money in .
3 / 12

eToro and Plus500 both offer segregated client funds and an investor compensation scheme. eToro also offers additional money insurance.

Safety
Section score eToro 94 Best 94 Best Plus500 85 -9 85 -9
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2007 2008
Parent company i eToro Group Ltd. Plus500 Ltd.
CEO i Yoni Assia David Zruia
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i J.P. Morgan, Deutsche Bank, Coutts N/A
Brand power
Number of customers worldwide i 4,280,000 30,000,000
Annual revenue i USD 1,340,000,000 USD 768,300,000
Monthly website search traffic i 13.2M monthly visits

Costs

What we compare A comparison of what it costs to trade with eToro and with Plus500 in , both on each trade and on holding the account.
4 / 12

Plus500 is better than eToro for CFD/FX costs, given that Plus500 is cheaper on EUR/USD, at 8 USD per lot (against eToro's 11.6 USD), has tighter S&P 500 CFD spreads, at 0.7 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.75 points (against eToro's 0.88 points). Neither eToro nor Plus500 charges account maintenance fees or deposit fees.

eToro and Plus500 are equally good for real stock costs, as eToro does not charge inactivity fees. On the other hand, Plus500 charges lower US stock fees, at 0.12 USD (against eToro's 2 USD), and does not charge withdrawal fees. Neither eToro nor Plus500 charges account maintenance fees or deposit fees.

Costs
Section score eToro 52 -12 79 -1 Plus500 64 Best 80
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i Free
EUR/USD average standard spread i
1.16 pips
0.8 pips
EUR/USD average raw spread i
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 11.6 USD 8
S&P 500 fees (CFD) i 1.08 points 0.7 points
Gold fees (CFD) i 0.88 points 0.75 points
Bitcoin fees (CFD) i USD 1,585.8 USD 118.34
US stocks fees (CFD) i Free
Fees on stocks
Stock fee type i Commission Commission, Percentage, Spread
US stocks fees (real) i USD 2 USD 0.12
ETF fees (real) i Free
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i
Platform fees i
Fees on options
Options fees per contract i
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

What we compare A comparison of the markets and products you can trade with eToro and with Plus500 in , and of how many instruments each one gives access to.
5 / 12

eToro is better than Plus500 for CFD/FX markets, because eToro gives access to 5,461 tradable symbols (against Plus500's 2,800), and lets you own crypto and ETFs outright, which Plus500 does not. Both eToro and Plus500 offer CFDs on commodities, crypto, ETFs, forex, indices and stocks, and let you own stocks outright.

eToro is better than Plus500 for real stock markets, since eToro lets you own crypto and ETFs outright, which Plus500 does not, and gives access to 5,461 tradable symbols (against Plus500's 2,800). Both eToro and Plus500 let you own stocks outright, and offer CFDs on commodities, crypto, ETFs, forex, indices and stocks.

Available markets
Section score eToro 85 Best 55 Best Plus500 75 -10 15 -40
Total tradable symbols i 5,461 2,800
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Crypto, ETF, Forex, Indices, Stocks Commodities, Crypto, ETF, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i Crypto, ETF, Stocks Stocks

Platform

What we compare A comparison of the trading platforms that eToro and Plus500 make available to their clients in .
6 / 12

eToro is better than Plus500 for platforms, since eToro offers social trading and copy trading, which Plus500 does not. eToro and Plus500 both offer a proprietary platform and one-click trading.

Platform
Section score eToro 84 Best 84 Best Plus500 75 -9 75 -9
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

What we compare A comparison of the mobile apps of eToro and Plus500 in , and of what each one lets you do from your phone.
7 / 12

eToro is better than Plus500 for mobile trading, given that eToro offers a social trading app, a copy trading app and mobile trading signals, which Plus500 does not. Both eToro and Plus500 offer a proprietary mobile app and mobile price alerts.

Mobile
Section score eToro 87 Best 87 Best Plus500 80 -7 80 -7
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

What we compare A comparison of the trading tools and strategies that eToro and Plus500 allow on their platforms in .
8 / 12

eToro and Plus500 are equally good for CFD/FX trading features, as eToro offers API access, and allows for automated trading. On the other hand, Plus500 offers guaranteed stop losses. eToro and Plus500 both offer negative balance protection and trailing stops.

eToro is better than Plus500 for real stock trading features, because eToro offers fractional shares and API access, which Plus500 does not, and allows for automated trading. eToro and Plus500 both offer trailing stops.

Trading features
Section score eToro 68 85 Best Plus500 67 -1 76 -9
Trade execution
Broker type i Agency Agency
Average execution time i
Slippage occurrence i
Requotes occurrence i
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1About this value. This is the major fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 400:1 (other accepted countries), 30:1 (the UK, Australia). 30:1About this value. This is the major fx pairs leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 30:1 (the UAE, Australia, the UK), 300:1 (other accepted countries).
Minor/Exotic FX pairs leverage i 20:1About this value. This is the minor/exotic fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 50:1 (other accepted countries), 20:1 (the UK, Australia). 20:1About this value. This is the minor/exotic fx pairs leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 20:1 (the UAE, Australia, the UK), 300:1 (other accepted countries).
Major indices leverage i 20:1About this value. This is the major indices leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). 20:1About this value. This is the major indices leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 20:1 (the UAE, Australia, the UK), 150:1 (other accepted countries).
Minor indices leverage i 10:1 10:1About this value. This is the minor indices leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 10:1 (the UAE, Australia, the UK), 150:1 (other accepted countries).
Gold leverage i 20:1About this value. This is the gold leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). 20:1About this value. This is the gold leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 20:1 (the UAE, Australia, the UK), 150:1 (other accepted countries).
Commodities leverage i 10:1About this value. This is the commodities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 10:1 (the UK, Australia). 10:1About this value. This is the commodities leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 10:1 (the UAE, Australia, the UK), 150:1 (other accepted countries).
Equities leverage i 5:1About this value. This is the equities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 10:1 (other accepted countries), 5:1 (the UK, Australia). 5:1About this value. This is the equities leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 5:1 (the UAE, Australia, the UK), 20:1 (other accepted countries).
Cryptocurrency leverage i 2:1About this value. This is the cryptocurrency leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 5:1 (other accepted countries), 2:1 (Australia). 2:1About this value. This is the cryptocurrency leverage at Plus500CY Ltd (CySEC). At Plus500's other companies: 2:1 (the UAE, Australia), 5:1 (other accepted countries).
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 10 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

What we compare A comparison of the kinds of account you can open at eToro and at Plus500 in , and of who each one is meant for.
9 / 12

eToro is better than Plus500 for CFD/FX account types, because eToro offers a corporate account, which Plus500 does not. Both eToro and Plus500 offer a demo account and a professional traders account.

eToro is better than Plus500 for real stock account types, as eToro offers a stock investing account, a corporate account and a margin investing account, which Plus500 does not. eToro and Plus500 both offer a demo account and an unlimited demo account.

Account types
Section score eToro 48 Best 74 Best Plus500 38 -10 25 -49
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

What we compare A comparison of what it takes to open and fund an account with eToro and with Plus500 in .
10 / 12

Plus500 is better than eToro for account opening, since Plus500 supports 2 e-wallets (against eToro's 1), credits deposits faster, within 1 day (against eToro's 5 days), and pays out withdrawals faster, within 1 day (against eToro's 7 days). However, the minimum deposit is lower at eToro, at 50 USD (against Plus500's 100 USD).

Account opening
Section score eToro 64 -5 64 -5 Plus500 69 Best 69 Best
Minimum deposit i USD 50About this value. This is the minimum deposit at eToro (Europe) Ltd (CySEC). At eToro's other companies: USD 100 (other accepted countries), USD 50 (the UK, Australia, the US). USD 100About this value. This is the minimum deposit at Plus500CY Ltd (CySEC). At Plus500's other companies: USD 100 (the UAE, other accepted countries, the UK), USD 70 (Australia).
Minimum withdrawal i USD 30 USD 100
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPalAbout this value. This is the ewallets at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries and Australia. PayPal, SkrillAbout this value. This is the ewallets at Plus500CY Ltd (CySEC). It is different at Plus500's companies in the UAE and the UK.
Local payment methods i
Account base currencies i USD, EUR, DKKAbout this value. This is the account base currencies at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries, the US, the UK and Australia. AUD, EUR, USDAbout this value. This is the account base currencies at Plus500CY Ltd (CySEC). It is different at Plus500's companies in Australia.
Deposit waiting time i up to 5 business days up to 1 business days
Withdrawal waiting time i up to 7 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of eToro and Plus500 in , in how it can be reached and how fast it answers.
11 / 12

eToro is better than Plus500 for customer care, as eToro offers a dedicated account manager and priority support, which Plus500 does not. eToro and Plus500 both offer live chat and email support.

Customer care
Section score eToro 69 Best 69 Best Plus500 58 -11 58 -11
Number of languages supported i 7 29
Website languages i Arabic, German, English, French, Italian, Spanish, Chinese Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese
Website available in English i
Customer support languages i Arabic, German, English, French, Italian, Romanian, Spanish Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

What we compare A comparison of the educational material that eToro and Plus500 provide to their clients in .
12 / 12

eToro is better than Plus500 for learning, since eToro offers professional reports and daily market commentary, which Plus500 does not. eToro and Plus500 both offer education for advanced traders and webinars.

Learning
Section score eToro 100 Best 100 Best Plus500 80 -20 80 -20
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
eToro
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
Plus500
Open Account CFD service. 82% of retail investor accounts lose money
Our verdict

eToro vs Plus500: which one should you choose?

eToro

CFD/FX Choose eToro if you want an online CFD broker for automated trading with a wide choice of markets, as well as copy and social trading.

Stocks Choose eToro if you want a stock brokerage service with crypto to own, as well as copy and social trading.

Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
Plus500

CFD/FX Choose Plus500 if you want a CFD broker with guaranteed stop-loss orders, as well as fast deposits and withdrawals.

Stocks Choose Plus500 if you want a share dealing service with fast deposits and withdrawals.

Open Account CFD service. 82% of retail investor accounts lose money

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