{"id":4089,"date":"2023-02-25T11:00:08","date_gmt":"2023-02-25T11:00:08","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=4089"},"modified":"2024-03-26T13:33:28","modified_gmt":"2024-03-26T13:33:28","slug":"etoro-vs-plus500","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/etoro-vs-plus500\/","title":{"rendered":"eToro vs Plus500"},"content":{"rendered":"\n

In this comparison, we analyzed Plus500 vs eToro. We go over the pros and cons of both brokers, and which one to choose based on your individual needs. We compared hundreds of data points to make your task easier.<\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
\"Plus500
Plus500 is a global CFD broker, offering more than 2,500 financial instruments. The company's headquarters are in Israel, and the Plus500 is listed on the London Stock Exchange. Founded in 2008, they are a well regulated online broker.

Read Full Review<\/a><\/td>		\"comparison
eToro is a social\/copy trading platform offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions.

Read Full Review<\/a><\/td><\/tr>
Year founded:<\/strong><\/td><\/tr>
2008<\/td>2007<\/td><\/tr>
Regulated by:<\/strong><\/td><\/tr>
ASIC, FCA, FMA, FSCA, CySEC, MAS, FSA<\/td>FinCEN, FCA, MiFID, CySec, ASIC<\/td><\/tr>
Headquarters:<\/strong><\/td><\/tr>
Israel<\/td>London UK, Limassol Cyprus, Sydney Australia, USA<\/td><\/tr>
Is a Bank:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Demo Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$100<\/td>$50 – $10,000<\/td><\/tr>
Minimum Trade:<\/strong><\/td><\/tr>
varies<\/td>$25 – $1,000<\/td><\/tr>
Islamic Account:<\/strong><\/td><\/tr>
Check Website<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Social\/Copy Trading:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Spread Betting:<\/strong><\/td><\/tr>
No<\/td>No <\/td><\/tr>
Excluded countries:<\/strong><\/td><\/tr>
N\/A<\/td>133<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Types of Products And Markets Available<\/h2>\n\n\n\n

Comparing Plus500 to eToro, eToro offers CFD trading and real stocks, while Plus500 only offers CFDs. If you want a better overall trading experience with the option to trade real stocks, go with eToro.<\/p>\n\n\n\n

Plus500 is better for day traders with their fees on CFDs. <\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
Markets Available:<\/strong><\/td><\/tr>
Crypto, Indices, Forex, Shares, Options, ETFs, Commodities
*all through CFD<\/td>		Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD)<\/td><\/tr>
CFDs <\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
2386<\/td><\/tr>
Forex Pairs<\/strong><\/td><\/tr>
Yes \u2714\ufe0f (CFD)<\/td>Yes \u2714\ufe0f
49<\/td><\/tr>
Stocks<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
2106 <\/td><\/tr>
Cryptocurrencies<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
16<\/td><\/tr>
Commodities<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
31<\/td><\/tr>
ETFs<\/strong><\/td><\/tr>
Yes (CFD)<\/td>No<\/td><\/tr>
Options<\/strong><\/td><\/tr>
Yes (CFD)<\/td>No \u274c<\/td><\/tr>
EFPs<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mutual Funds<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Robo Portfolios<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Trading Platforms<\/h2>\n\n\n\n

Comparing Plus500 to eToro based on trading platforms, Plus500 is a winner. Plus500 has a proprietary platform, available as a browser, and mobile app platform. It is user friendly, has a clean look, search functions are great and charting capabilities are good enough.<\/p>\n\n\n\n

On the flip side, eToro is the better choice for traders that are looking for a more hands off approach with their copy trading capabilities.<\/p>\n\n\n\n

eToro is better for beginner to intermediate traders, while Plus500 is better for advanced traders.<\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
Proprietary Platform:<\/strong><\/td><\/tr>
Yes<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Desktop Platform:<\/strong><\/td><\/tr>
No \u274c <\/td>No \u274c<\/td><\/tr>
Mobile App:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f
iOS, Android<\/td>		Yes \u2714\ufe0f
iOS, Android<\/td><\/tr>
Web Trading Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
MetaTrader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
cTrader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mirror Trader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Zulu Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Dupli Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Fees<\/h2>\n\n\n\n

eToro offers 0% commissions on real stocks, but their Forex fees are high. Plus500 doesn't charge commissions, the cost is built into the spread, but they charge Overnight Funding, Guaranteed Stop Order, Currency Conversion Fee, and Inactivity Fees.<\/p>\n\n\n\n

Plus500 has no withdrawal fees, while eToro has a $5 withdrawal.<\/p>\n\n\n\n

Overall we pick Plus500 compared to eToro (except for investing in real stocks).<\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Trading Fees:<\/strong><\/td><\/tr>
Yes
Varies<\/td>		Yes
0% Commission on stocks
Spread Varies<\/td><\/tr>
Deposit Fees:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Withdrawal Fees:<\/strong><\/td><\/tr>
$0<\/td>$5 (Bank Transfer)
$5 (Credit Cards, eWallets)<\/td><\/tr>
Overnight Funding:<\/strong><\/td><\/tr>
Yes<\/td>Yes <\/td><\/tr>
Inactivity Fee:<\/strong><\/td><\/tr>
Yes*
\u20ac15
*after 1 year of no trading activity<\/td>		Yes
$10\/month<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Customer Support<\/h2>\n\n\n\n

Customer support is better at Plus500 than eToro. <\/p>\n\n\n\n

Plus500 has live chat, a FAQ section, email and even WhatsApp available. Their customer service is available 24\/7. eToro is known for its slow support times. <\/p>\n\n\n\n

When it comes to support, Plus500 is the better option.<\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
eMail:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Online Chat:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Phone Support:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Languages:<\/strong><\/td><\/tr>
Multiple<\/td>15<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Account Funding<\/h2>\n\n\n\n

Both eToro and Plus500 offer good deposit methods that will suffice for most clients. This one comes down to personal preference.<\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
Deposit Methods:<\/strong><\/td><\/tr>
Credit Cards, Wire Transfer, PayPal, Skrill<\/td>Visa, MasterCard, Skrill, Neteller<\/td><\/tr>
Deposit Fee:<\/strong><\/td><\/tr>
No<\/td>No <\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$100<\/td>$50 – $10,000<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Education<\/h2>\n\n\n\n

Both Plus500 and eToro offer educational resources for investors. Educational videos, articles, and a demo account are available at both brokers.<\/p>\n\n\n\n

There is not much between these two, but we like eToro education better.<\/p>\n\n\n\n
Plus500<\/th>eToro<\/th><\/tr><\/thead>
Video Tutorials:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Webinars:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Verdict<\/h2>\n\n\n\n

Is eToro better than Plus500? <\/p>\n\n\n\n

We found that Plus500 is better than eToro. Plus500 offers a better trading experience for advanced traders, while eToro is the better choice for trading stocks with 0% commissions.<\/p>\n\n\n\n

Read more eToro Comparisons:<\/p>\n\n\n\n