eToro vs Plus500, 2022 Update
Read our In-Depth eToro vs Plus500 Review - for 2022
This eToro vs Plus500 review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs Plus500 review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Plus500 Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Plus500
Every online trading platform will have a few pros and cons, and no eToro and Plus500 review would be complete without showing both sides. Compare eToro and Plus500 to understand how they line up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or Plus500. Who is better in 2022?
This eToro vs Plus500 comparison contains the most recent information so you can easily compare Plus500 against eToro.
If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll acquire adept at all of the concepts of brokerage since you keep trading. For starters, you have to select the ideal agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. eToro and Plus500 are two such platforms which will take you along with your investment to great heights. It's important that you compare eToro vs Plus500 before you trust them with your money.
Our eToro vs Plus500 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Plus500 side by side.
Our full eToro vs Plus500 Review covers everything you will need to learn about trading using either eToro or Plus500. A good broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you select them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
eToro and Plus500 are both brokers that have forged their way successfully into the brokerage world. Within this review, we have tried to collate some of the important aspects of both eToro and Plus500. This review will allow you to understand whether either Plus500 or eToro is a fantastic fit for your own investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of eToro and Plus500 Compared
eToro has a minimum deposit of $50 while Plus500 offers a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro and Plus500 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.
eToro allows you to trade around 100 financial instruments while Plus500 allows you to trade around 100 available.
The more instruments you can trade on the eToro and Plus500 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 eToro or Plus500.
eToro and Plus500 Contact Details
Being able to contact your broker simply is vital. eToro and Plus500 have the following contact details and social medias that you can use.
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| Broker | eToro | Plus500 |
| Telephone Number | +972 4-818-9503 | |
| support@etoro.com | ||
| Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | Bldg 25 Matam, Haifa, Haifa, Israel |
| eToro Twitter Account | Plus500 Twitter Account | |
| eToro Facebook Page | Plus500 Facebook Page | |
| eToro Instagram Account | Plus500 Instagram Account | |
| eToro LinkedIn Page | Plus500 LinkedIn Page | |
| YouTube | eToro YouTube Channel | Plus500 YouTube Channel |
| Find Out More |
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Plus500 and eToro 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 eToro and Plus500 we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?
eToro vs Plus500 - Awards
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| Broker | eToro | Plus500 |
| Awards |
eToro have won a lot of industry awards over the years they have been running as an online trading platform. We detail the most recognised awards for eToro here.
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Plus500 have won several industry awards over the years they have been operating as an online trading platform. We show the most notable awards for Plus500 below.
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| Find Out More |
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eToro vs Plus500 - Frequently Asked Questions
eToro vs Plus500 - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Plus500 was founded in 2008 and has its headquaters in Israel.
What is the minimum deposit for Plus500 or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Plus500 is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Plus500 are a good choice.
eToro vs Plus500 - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
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.
Both eToro and Plus500 have a powerful set of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs Plus500 Commission And Fees
eToro and Plus500 are online brokerage 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 clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, financing rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither eToro or Plus500 charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by eToro and Plus500 are relatively greater. As a result, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This eToro vs Plus500 review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For eToro And Plus500
What Languages Do eToro And Plus500 Support?
Being able to talk easily with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both eToro and Plus500 offer communication in.
How Many Clients Do eToro and Plus500 Have?
Both eToro and Plus500 are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients eToro and Plus500 are working with
What Payment Methods Do eToro and Plus500 Accept?
eToro and Plus500 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 eToro and Plus500
What Can You Trade With eToro and Plus500?
eToro offers 100 trading instruments whilst Plus500 offers 2,000.
Below you will find a full breakdown of what both eToro and Plus500 offer.
Compare eToro To All Other Brokers
Compare Plus500 To All Other Brokers