Plus500 vs eToro

Want to jump straight to the answer? For new traders who need a bit of extra assistance or want to copy trade leaders, eToro is the hands-down winner.

Regarding CFD trading, Plus500 and eToro are two options that traders often recommend. While Plus500 presents an overall professional interface, eToro uniquely implements a social aspect to trading with leaderboards and trade copying.

Unfortunately for traders in America, Plus500 is not available to U.S. residents, and eToro limits U.S. traders to just cryptocurrency.

In this Plus500 vs eToro guide, we cover what you should know about each platform to help you make an informed decision on which is best for you. We take a look at:

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Plus500 vs eToro - Verdict

Feature	Plus500 (visit site)	eToro (visit site)
Headquarter:	Israel	Cyprus
Regulation :	CySEC, Financial Conduct Authority (FCA), ASIC	CySEC, FCA, ASIC
Type of Broker:	Market Maker	Market Maker
U.S. Clients Allowed:
Minimum Deposit:	£100	$200
Maximum Leverage:	EU - 1:30/ASIC - 1:30	1:30
Commissions / Spreads:	Variable Spreads	Variable Spreads
Account 1:	Standard	Standard
Account 2:		Premium
Account 3:
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:	English Japanese Chinese	English Japanese Chinese
Support Hours:	24/7	24/5
E-mail Support:
SMS Support:
Chat:
Broker Offers:	See what Plus500 offers 86% of retail CFD accounts lose money	See what eToro offers 74% of retail CFD accounts lose money

Features and Platforms

Plus500

As an online CFD platform, Plus500's interface is clean and straightforward. Where other platforms excel in research and advanced analytics, Plus500 shines through its ease-of-use.

Any level of traders will feel comfortable using Plus500’s trading platform. | Source: Plus500

The interface includes everything you would expect on a CFD trading platform. Outside of standard buy and sell orders, you can set Guaranteed and Trailing Stops as well as Close at Profit and Close at Loss orders. Most of the advanced trading options are free of charge except for the Guaranteed Stop, which comes with an additional spread.

Plus500 provides several advanced trading options to limit losses and lock in profits. | Source: Plus500

If you want to “try before you buy,” so to speak, you get unlimited free trades on Plus500’s demo account.

To help give you an edge on other traders, Plus500 has two primary tools - an economic calendar and real-time alerts. The economic calendar lists upcoming market data reports for various countries and what the expected impact is for related markets.

Using Plus500 alerts, you can create specific criteria regarding trader sentiment, price movements, and change percentages. The platform will notify you via SMS, email, or push notifications when the market hits those criteria.

Real-time alerts keep you tuned into the market at all times. | Source: Plus500

eToro

eToro’s value comes from its social trading features. You can create a profile on the platform that gives you access to:

• a social feed (similar to Facebook)
• your trading statistics,
• the portfolios of other traders,
• and a chart predicting what a $10,000 investment into your portfolio would net over time.

If you’re new to trading or don’t want to create a strategy, you have the option to copy the moves of another trader. The most popular (highly copied) traders on the platform receive up to two percent of their assets under management (AUM) as a reward.

Discover other traders and copy their trades until you gain some experience. | Source: eToro

Like Plus500, eToro includes an economic calendar with market-influencing events. Regarding education, eToro extends far beyond the offerings of Plus500. The company hosts live webinars, creates online training courses, and presents trading educational videos in its Trading Academy.

Both Plus500 and eToro provide web, iOS, and Android platforms from which you can trade.

Available Markets

Typical Spreads and Fees

Both brokers offer commission-free Forex spreads, but Plus 500 maintains an edge due to its dynamic, market-dependent cost structure versus minimum spreads of 1.0 pips at eToro, allowing active traders to achieve a cost advantage.

Plus500 Vs eToro – Verdict

With lower spreads and a more extensive array of tradable currencies, we recommend Plus500 for serious traders.

For more casual traders or those just starting with trading, eToro is the platform for you. The Trading Academy and social capabilities provide you with the tools you need to learn the ropes and improve your craft.

You may even find it beneficial to start with eToro and switch to Plus500 once you’ve reached your desired skill level.

Does Plus500 or eToro offer lower pricing?

Is Plus500 or eToro safer for Forex and CFDs trading?

While both brokers feature a safe and secure trading environment, eToro has a slight edge thanks to its clan regulatory track record. The Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and FinCEN in the US provide regulatory oversight. Plus500 is regulated by the UK Financial Conduct Authority (FCA), which issued a fine in 2012 for not reporting transactions accurately.

Which trading platform is better: Plus500 or eToro?