Trading212 vs. Plus500

Trading212 and Plus500 present their proprietary trading platforms to traders, both omitting the well-known MT4. While both brokers cater well to manual trading strategies, the absence of MT4 is notable.

Trading212 provides an appealing offer for equity traders with smaller portfolios, while Plus500 shines with its options contracts. Both brokers offer commission-based trading, but the overall pricing environment is more competitive at Plus500.

Trading212 expanded its client-base notable over the past two years, growing to more than 1.5 million and assets exceeding €3.5 billion. It also has client deposit insurance up to €1 million, offering better protection than most competitors. Plus500 continues to grow as a publicly listed company in the UK and ranks as one of the most trusted brokers globally.

We have conducted an in-depth review of Trading212 and Plus500 to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsPlus 500 (visit site)Trading 212 (visit site)
Headquarter:Israel, UKUK, Bulgaria
Established :
20082006
Retail Loss Rate:
82.0%70.0%
Regulation:
Minimum Deposit:
$100$1
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$10 monthly after three months
Deposit Fee:
0.70% (after total deposits of £2,000)
Withdrawal Fee
Third-PartyThird-Party
Funding Methods:
512
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Broad asset selectionFractional share dealing
Unique Feature Two:
User-friendly trading platformAutoInvest and Pies
Broker Offers:
82% of retail CFD accounts lose money
.

Noteworthy:

Neither broker supports algorithmic trading but presents a user-friendly manual alternative including a sentiment indicator.

Available Markets

Available MarketsPlus500Trading212
Currency Pairs:71222
Cryptocurrency Pairs:
100
Commodities and Metals:
22163
Index CFDs:
3314
Equity CFDs:
1,7372,150+
Bonds:
00
ETFs:
9530+
Options, Futures, and Synthetics:
8770
Maximum Retail Leverage:
1:301:30
Maximum Pro Leverage:
1:3001:500

Trading212 does not offer cryptocurrencies but has direct share dealing on more than 10,000 global equities. UK traders also get tax-free ISA accounts. The Plus500 maximum retail leverage depends on the regulatory jurisdiction, where the Seychelles unit offers the easiest trading conditions. It also features options contracts, supporting more complex strategies.

Typical Spreads and Fees

Typical Spreads & FeesPlus500Trading212
Minimum Raw Spreads:
Not applicableUnspecified
Minimum Standard Spreads:
0.8 pipsUnspecified
Minimum Commission for Forex:
Commission-freeCommission-free
Commission for CFDs/DMA:
Commission-freeeCommission-free
Commission Rebates:
Not applicableNot applicable
Execution Type:
Market MakerMarket Maker

Trading212 advertises commission-free trading but does not disclose spreads, while swap rates are five times higher compared to other brokers. Trading212 does not levy an inactivity fee, which exists at Plus500. Plus500 has a currency conversion fee of up to 0.7% that will be applied if the currency is different from the trader's account currency. Third-party processor fees apply.

Security and Trust

Trading212

Country of the RegulatorName of the RegulatorLicense Number
UK
Financial Conduct AuthorityRegister Number 609146
Bulgaria
Financial Supervision CommissionRegister Number 03-0237
Cyprus
Cyprus Securities and Exchange CommissionLicense Number 398/21

Plus500

Country of the RegulatorName of the RegulatorLicense Number
United Kingdom
Financial Conduct AuthorityLicense Number FRN 509909
Cyprus
Cyprus Securities and Exchange CommissionLicense Number 250/14
Australia
Australian Securities and Investments CommissionAFSL Number 417727
New Zealand
Financial Markets AuthorityFSP Number 486026
South Africa
Financial Sector Conduct AuthorityAFSP Number 47546
Seychelles
Financial Services AuthorityLicense Number SD039
Singapore
Monetary Authority of SingaporeLicense Number CMS100648-1
Israel
Israel Securities AuthorityNot Available

Trading212 and Plus500 segregate client deposits from corporate funds, offer negative balance protection, and select jurisdictions have an investor compensation fund. Plus500 is also a publicly listed company in the UK and a constituent of the FTSE250.

Trading212 vs Plus500 – Verdict

Trading212

ProsCons
Market-leading currency and commodities selectionLow leverage for retail traders
Fractional share dealing and AutoInvestMT4 trading platform not available
YouTube educational channelLimited pricing transparency suggesting high trading costs
Low minimum deposits from as little as $1

Plus500

ProsCons
Competitive asset selection of 2,000+ focused on equity and ETF CFDsNo support for algorithmic trading and absence of MT4
Guaranteed stop-loss orders and negative balance protectionHigher minimum deposit but within a reasonable range
A publicly listed company, well-capitalized and trusted
Lightweight webtrader ideal for beginner traders
Beginners should use the demo account and the Trading Academy to gain experience before trading with real capital due to the risks involved. ​

The $1 fractional share investing at Trading212 is ideal for equity traders with smaller portfolios. The AutoInvest service can help traders build and manage portfolios, but it is not the same as algorithmic trading. Plus500 offers a well-balanced asset selection and supports more complex trading strategies. It also maintains lower trading costs than Trading212.

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