eToro vs Plus500

eToro
Plus500

Compare eToro Vs Plus500 Side by Side

Selecting between eToro vs Plus500 and wish to see who is better Broker for your trading strategy? We made a detailed comparison between eToro Review and Plus500 Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeatureeToroPlus500
Website//www.etoro.com//www.plus500.com
Founded year20062008
HeadquarterIsraelIsrael
LicensesUSA, UK, Australia, CyprusUK, Cyprus, Australia, South Africa, Seychelles, Singapore
Minimum Deposit200 US$100 US$
Trading PlatformseToro platformPlus500 Platform
Eurusd avg Spread1 pip0.6 pips

Licenses

FeatureeToroPlus500
Licenses Countries Info (short)
  • ASIC
  • CySEC
  • IE Singapore
  • FCA
  • NFA
  • ASIC
  • CySEC
  • ISA
  • IE Singapore
  • FSCA
  • FCA
  • FSA

Plus500 vs eToro Brokers are both highly trusted with numerous licenses and top-tier regulations, legit to accept EU clients and US clients for eToro.

Broker Types

FeatureeToroPlus500
Broker types
  • Market Making
  • Market Making

Both Brokers operate Market Making model making them equal, eToro execution is NDD and both brokers execution is high speed with no rejections.

Trading Conditions

FeatureeToroPlus500
Trading Conditions
  • beginners
  • floating spread
  • tight spread
  • auto
  • copy trade
  • hedging
  • social trading
  • floating spread
  • low spread
  • tight spread

eToro vs Plus500 provides relatively similar trading conditions restricting some strategies like scalping and are suitable for beginning, advanced or professional traders. However, the nature of trading is slightly different eToro is best for copy and social trading and Plus500 profile is trading of CFDs.

Fees & Commissions

FeatureeToroPlus500
Inactivity Feemonth$10$10
Deposit fee0$0$
Withdrawal fee5$0$
Rollover fee eurusd buy 1 lot-0.000129-0.0128%
Rollover fee eurusd sell 1 lot0.0000640.003%
Avg Eurusd standard acc1 pip0.6 pips
Gold0.4529
Brent oil42 pips
Bitcoin0.75%0.35%

Trading costs for eToro and Plus500 are based on spread only, while Plus500 has some advantage with lower spreads.

Account Types

FeatureeToroPlus500
Account types
  • Standard Account
  • Swap Free Account
  • Standard Account

Both Brokers based on a single account offering with spread basis and access to all instrument range. There is easy switch between Demo Account mode and Live Trading with no restriction on use available in both platforms.  

Markets & Instruments

FeatureeToroPlus500
Forex4771
Indices1329
Commodities1422
Cryptocurrencies1614
Shares20422000+
Bonds
Options✔️
Binary options
Spread betting
Treasuries
Futures
Etfs15195

eToro has an advantage in Cryptocurrency range and Plus500 has a larger offering in Shares, however in comparison brokers are similar providing quite large instrument portfolio. Also, eToro is definitely better in its copy trading category, since provides numerous copy trading portfolios and combined portfolios making investment options larger.

Trading Platforms

FeatureeToroPlus500
Platforms
  • own platform
  • WebTrader
  • own platform

eToro and Plus500 offering only own proprietary Trading Platforms based on Web. Both are simple to use and navigate, however both missing comprehensive analysis and research tools built into the platform. eToro platform is easy to use and the best for social trading with bets number of top traders and large community, Plus500 platform is good for CFD trading. Also, both Brokers do not provide any other alternative or market popular MetaTrader.

Deposit & Withdrawal Methods

FeatureeToroPlus500
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

eToro vs Plus500 deposit methods are similar, range of supported methods are alike. The only small gap is eToro withdrawal fee, while Plus500 has none.

Others

FeatureeToroPlus500
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability
  • Video Tutorial
  • live chat
  • 24/5 availability

Others

eToro is winning in education and research tools making them suitable for beginners, unlike Plus500 who does not provide proper education. However, customer support at eToro is lower quality compared to Plus500, we found them less responsive and professional.

Conclusion on eToro vs Plus500

Concluding eToro vs Plus500 comparison we found both brokers reliable and trustable with solid regulation and background. Both brokers provide only a proprietary platform, a large number of trading instruments, good costs and quality trading conditions. However, the focus of trading brokers are different where each became truly excellent in the offering, besides Plus500 isn’t suitable for beginners due to lack of education. Here is our final recommendation:

  • eToro – 🥇 Best Broker for Social trading for a number of top traders and Best Industry Social Trading Broker
  • Plus500 – 🥇 Best for CFD trading good for experienced traders looking for excellent CFD instrument range and easy to use platform