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eToro vs Plus500: Comparison and Analysis

Trying to figure out whether to use eToro or Plus500? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of eToro and Plus500 side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
77% of retail investor accounts lose money
eToro review
Open Account
77% of retail investor accounts lose money
Plus500 review

Overall Ratings


Rated
77
Rated
74

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • eToro
  • Plus500

Security 95
Security 96

Cost 70
Cost 70

Trading 68
Trading 66

Education 64
Education 38

Company Info


Foundation
2007
2008
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it
en, ar, bul, chi(t/s), cro, cz, dan, de, es, est, fi, fr, heb, hu, isl, latv, lit, malt, ne, nor, po, pol, rom, ru, sk, slo, swe, tur, mal, e

Leverage


Non-EU Leverage ?
30:1
300:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
1:1
0
Canadian Leverage ?
N/A
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
5529
8011
SimilarWeb - Total Visits
22900
30300
Facebook Likes
4691
Twitter Likes
120000
29200
Instagram Likes
88000
6110

Deposit and Withdrawal


Minimum Deposit ?
10 USD
100 USD
Minimum Withdraw ?
50
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
UnionPay, Rapid Transfer, Sofort
Deposit Waiting Time ?
up to 10 minutes
1 business day
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
USD
AUD, EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
5.0
0.02
Natural Gas ?
10.0
0.003
Silver ?
5.0
0.018
Platinum ?
35.0
1.2
Copper ?
2.0
0.002
Soybeans ?
1.2
Corn ?
0.62
Gold ?
45.0
0.28

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
1
0.6
USD/JPY Average Spread
1
0.745
USD/CHF Average Spread
1.5
1.7
GBP/USD Average Spread
2
1.1
USD/CAD Average Spread
1.5
1.2
AUD/USD Average Spread
1.0
0.6
NZD/USD Average Spread
2.5
1.8
EUR/GBP Average Spread
2
1.4

Fees on Stocks


Apple
0.0
0.04
Facebook
0.0
0.04
Alphabet
0.0
1.25
Snapchat
0.0
0.05
BP
0.0
Tesco
0.0
0.34
Barclays
0.0
0.4
Lloyds
0.0
0.11

Fees on Indices


FTSE100
150
1.8
S&P500
75
0.45
Dow Jones
2.0
Nasdaq
100
1.7
CAC40
200
0.95
DAX30
200
0.73
Nikkei 225
1000
10.0
Euro Stoxx 50
300
1.0

Fees on Cryptocurrencies


Bitcoin
1,00%
1
Ethereum
1,00%
1.19
Ripple
1,00%
0.0038
Litecoin
1,00%
0.42
Bitcoin Cash
1,00%
0
Dash
1,00%
0
Monero
1,00%
1.75
Neo
1,00%
0.2

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, it
en, ar, bul, cz, dan, de, es, fr, heb, ne, nor, po, pol, sk, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
47
60
Crypto ?
47
60
Commodities ?
47
23
Stocks ?
957
1816
Indices ?
13
67
ETF ?
145
28
Futures ?
Options ?
15
Bonds ?
Metal ?
4
5
Agricultural ?
3
9
Energies ?
2
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Penny Stocks, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
10$
variable
Maximum Trade Size ?
20% of the equity
variable

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
67
103
Number Chart Drawing Tools ?
14
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ru
en, ar, bul, chi(t/s), cro, cz, dan, de, es, est, fi, fr, heb, hu, isl, latv, lit, malt, ne, nor, po, pol, rom, ru, sk, slo, swe, tur, mal

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

In this article, we will provide a comprehensive comparison between two popular online brokers, eToro and Plus500, focusing on their key features, advantages, and disadvantages. Our goal is to help you make an informed decision when choosing between these platforms. Let’s dive into the eToro vs Plus500 comparison using the data provided in the tables above.

Security and Rating:

Both eToro and Plus500 offer a high level of security, scoring 95 and 96, respectively. Overall, eToro has a slightly higher rating of 77, compared to Plus500’s rating of 74.

Demo Account:

Both brokers provide an unlimited demo account for users. However, eToro’s virtual balance of $100,000 may not reflect the reality for the average trader, while Plus500’s virtual funds could also be too high compared to a classic user’s actual funds.

Minimum Deposit:

eToro requires a $200 minimum deposit in most cases, but small conversion fees may apply. On the other hand, Plus500 has a $100 minimum deposit for credit card users and a $500 minimum deposit for those who use wire transfers.

Social Trading and Copy Trading:

eToro is known for its social trading features and user-friendly copy trading layout. However, it’s important to be cautious, as amateur traders can potentially influence your decisions. Plus500 does not offer social trading or copy trading features.

CFD and Forex Trading:

eToro offers over 1,000 tradable assets, but some of them charge very high spreads. Plus500 provides more than 2,000 assets, but its spreads are slightly higher compared to other providers, and trading conversion fees can be up to 0.7%.

Stock Market:

eToro allows commission-free trading for real stocks, but this feature is only available to CySEC, FCA, and ASIC customers. Plus500 does not offer stock trading.

Cryptocurrency Trading:

Both eToro and Plus500 offer cryptocurrency trading. eToro allows users to trade cryptocurrencies as real assets with spreads starting from 1% on Bitcoin, but most of its cryptocurrencies have very high spreads. Plus500 offers 14 cryptocurrencies, including crypto-to-crypto and fiat-to-crypto pairs, with a competitive spread on Bitcoin. However, it has a fixed leverage that cannot be changed.

eToro Platform and Plus500 Trading Platform:

eToro has a proprietary trading platform, which offers more than 100 crypto assets. However, it charges very high commissions for crypto transfers. Plus500’s trading platform is easy to use and available via webtrader and mobile. Unfortunately, it has limited chart tools and does not support API.

Education:

eToro’s education score is 64, while Plus500 lags with a score of 38. This indicates that eToro provides better educational resources for traders compared to Plus500.

In conclusion, both eToro and Plus500 have their own advantages and disadvantages. eToro excels in social trading, copy trading, and educational resources, while Plus500 offers a larger number of tradable assets and a more user-friendly trading platform. Ultimately, your choice between eToro vs Plus500 will depend on your personal preferences and trading needs.

Better Informed
Find and Compare The Best
Online Broker For You
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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