eToro vs Plus500
eToro and Plus500 side by side: costs, licences, platforms and scores.
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eToro
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Plus500
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| Broker | eToro | Plus500 |
|---|---|---|
| Overall score | 7.8 | 7.7 |
| Regulation | 8.6 | 9.0 |
| Costs | 7.0 | 6.8 |
| Platform | 8.2 | 7.6 |
| Education | 7.8 | 7.0 |
| Support | 6.8 | 7.6 |
| Cost per lot EUR/USD | €9.22 | €11.98 |
| Typical spread EUR/USD | 1.0 pip | 1.3 pip |
| Commission | None | None |
| Minimum deposit | €50 | €100 |
| Regulator | CySEC | EFSA, CySEC |
| Platforms | Web trader, Proprietary | Web trader, Proprietary |
| Instruments | Forex, Indices, Commodities, Shares, ETFs, Crypto | Forex, Indices, Commodities, Shares, ETFs, Crypto |
| Customer service | 24/6 via chat and the help centre | 24/7 via chat, WhatsApp and email; no phone support |
| Founded | 2007 | 2008 |
Which one suits you?
Best for: Investors who also trade, or want to copy others
eToro combines CFDs on forex, indices and commodities with real shares, ETFs and crypto, and is known for CopyTrader. Its European entity is regulated by CySEC and the parent company is listed on Nasdaq. Less suitable if you want MetaTrader or mainly care about forex costs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with eToro. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best for: Traders who want a simple proprietary platform
Plus500 is a CFD provider with its own clear platform and more than 2,800 CFDs. Its parent company is listed on the London Stock Exchange. Strong on regulation and ease of use, less suitable if you want MetaTrader or tight spreads.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with Plus500. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.