Plus500 vs Betterment, 2024 Update
Read our In-Depth Plus500 vs Betterment Review - 2024 Update
Our Plus500 vs Betterment review has been refreshed to reflect any changes for 2024 by seasoned professionals with years of expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Plus500 vs Betterment does not apply to all countries as follows:
Plus500 Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Betterment Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Plus500 vs Betterment
Every platforms for online trading has a few pros and cons, and a complete review of Plus500 and Betterment should not be regarded as thorough without adopting an objective perspective.
Assess Plus500 and Betterment in order to understand the way they compare to each other prior to you decide to open an account. A comprehensive comparison helps to place factors into perspective to ensure that you remain informed about what to expect.
So you are looking for a reputable broker and are choosing between Plus500 or Betterment. Who is better in 2024?
Our Plus500 vs Betterment comparison contains the latest information so you can easily compare Betterment against Plus500.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You'll get adept at all of the concepts of brokerage since you continue trading. For starters, you have to choose the right agent who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. Plus500 and Betterment are just two such platforms that will take you and your investment to great heights. It is important that you compare Plus500 vs Betterment before you trust them with your money.
Our Plus500 vs Betterment comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Plus500 and Betterment side by side.
Our full Plus500 vs Betterment Review covers all you need to know about trading with either Plus500 or Betterment. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
Plus500 and Betterment are both brokers that have found their way successfully into the broker world. In this review, we've attempted to collate a number of the important aspects of both Plus500 and Betterment. This review can help you to understand whether either Betterment or Plus500 is a good fit for your investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Benefits of Plus500 and Betterment Compared
Plus500 offers a minimum deposit of $100 while Betterment offers a $0 minimum deposit.
Why smaller minimum deposits are good and how Plus500 and Betterment compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Plus500 allows you to trade around 2,000 financial instruments while Betterment has around 2,000 financial instruments on their platform.
The more financial instruments you can trade on the Plus500 and Betterment platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Plus500 or Betterment.
Plus500 and Betterment Contact Details
Being able to contact your broker easily is a sign of a professional broker. Plus500 and Betterment have the following contact details and social medias that you can use.
Broker | Plus500 | Betterment |
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Telephone Number | +972 4-818-9503 | |
Address | Bldg 25 Matam, Haifa, Haifa, Israel | |
Plus500 Twitter Account | Betterment Twitter Account | |
Plus500 Facebook Page | Betterment Facebook Page | |
Plus500 Instagram Account | Betterment Instagram Account | |
Plus500 LinkedIn Page | Betterment LinkedIn Page | |
YouTube | Plus500 YouTube Channel | Betterment YouTube Channel |
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Betterment and Plus500 Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Plus500 and Betterment we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Plus500 vs Betterment - Awards
Broker | Plus500 | Betterment |
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Awards |
Plus500 have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for Plus500 here.
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At the time of writing this Betterment review, and despite Betterment’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Plus500 vs Betterment - Frequently Asked Questions
Plus500 vs Betterment - Headquarters And Year Of Founding
Plus500 was founded in 2008 and has its head office in Israel.
Betterment was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for Betterment or Plus500
The minimum deposit for Plus500 is $100.
The minimum deposit for Betterment is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Plus500 and Betterment are a good choice.
Plus500 vs Betterment - Regulation And Licencing In More Detail
Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546.
Betterment is regulated by Unregulated.
Betterment is unregulated but Plus500 has a strong collection of rules for ensuring honest trading on its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their privacy policy, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Plus500 vs Betterment Commission And Fees
Plus500 and Betterment are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 different types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither Plus500 or Betterment charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often trade, for example daily or weekly trading.
But, non-trading fees billed by Plus500 and Betterment are comparatively competitive. As a result, you are billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This Plus500 vs Betterment review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Plus500 And Betterment
What Languages Do Plus500 And Betterment Support?
Being able to chat completely with your online broker is a key part of comparing trading platforms to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both Plus500 and Betterment offer communication in.
How Many Clients Do Plus500 and Betterment Have?
Both Plus500 and Betterment are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers Plus500 and Betterment are working with
What Payment Methods Do Plus500 and Betterment Accept?
Plus500 and Betterment both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Plus500 and Betterment
What Can You Trade With Plus500 and Betterment?
Plus500 offers 2,000 trading instruments while Betterment offers 276.
Below you will find a full breakdown of what both Plus500 and Betterment offer.
Plus500 Review
Plus500 vs Betterment:
Table Of Contents
- Compare Plus500 vs Betterment
- Benefits of Plus500 and Betterment Compared
- Betterment and Plus500 Mobile App Comparison
- Plus500 vs Betterment - Awards
- Plus500 vs Betterment - Frequently Asked Questions
- What is the minimum deposit for Betterment or Plus500
- Plus500 vs Betterment - Regulation And Licencing In More Detail
- Compare Broker Fees For Plus500 And Betterment
- What Languages Do Plus500 And Betterment Support?
- How Many Clients Do Plus500 and Betterment Have?
- What Payment Methods Do Plus500 and Betterment Accept?
- What Can You Trade With Plus500 and Betterment?