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 cheaper 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
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- Trading212 vs. Plus500 - Verdict
Features and Platforms
Features & Platforms | Plus 500 (visit site) | Trading 212 (visit site) |
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Headquarter: | Israel, UK | UK, Bulgaria |
Established : | 2008 | 2006 |
Retail Loss Rate: | 77.0% | 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-Party | Third-Party |
Funding Methods: | 5 | 12 |
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 selection | Fractional share dealing |
Unique Feature Two: | User-friendly trading platform | AutoInvest and Pies |
Broker Offers: | 79% of retail CFD accounts lose money | . |
Noteworthy:
Neither broker supports algorithmic trading but presents a user-friendly manual alternative including a sentiment indicator. Select Plus500 traders qualify for a bonus.
Available Markets
Available Markets | Plus500 | Trading212 |
Currency Pairs: | 71 | 222 |
Cryptocurrency Pairs: | 10 | 0 |
Commodities and Metals: | 22 | 163 |
Index CFDs: | 33 | 14 |
Equity CFDs: | 1,737 | 2,150+ |
Bonds: | 0 | 0 |
ETFs: | 95 | 30+ |
Options, Futures, and Synthetics: | 877 | 0 |
Maximum Retail Leverage: | 1:300 | 1:30 |
Maximum Pro Leverage: | 1:300 | 1:500 |
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 & Fees | Plus500 | Trading212 |
Minimum Raw Spreads: | Not applicable | Unspecified |
Minimum Standard Spreads: | 0.8 pips | Unspecified |
Minimum Commission for Forex: | Commission-free | Commission-free |
Commission for CFDs/DMA: | Commission-freee | Commission-free |
Commission Rebates: | Not applicable | Not applicable |
Execution Type: | Market Maker | Market 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. Both charge a 0.5% currency conversion cost and third-party processor fees apply.
Security and Trust
Trading212
Country of the Regulator | Name of the Regulator | License Number |
UK | Financial Conduct Authority | Register Number 609146 |
Bulgaria | Financial Supervision Commission | Register Number 03-0237 |
Cyprus | Cyprus Securities and Exchange Commission | License Number 398/21 |
Plus500
Country of the Regulator | Name of the Regulator | License Number |
United Kingdom | Financial Conduct Authority | License Number FRN 509909 |
Cyprus | Cyprus Securities and Exchange Commission | License Number 250/14 |
Australia | Australian Securities and Investments Commission | AFSL Number 417727 |
New Zealand | Financial Markets Authority | FSP Number 486026 |
South Africa | Financial Sector Conduct Authority | AFSP Number 47546 |
Seychelles | Financial Services Authority | License Number SD039 |
Singapore | Monetary Authority of Singapore | License Number CMS100648-1 |
Israel | Israel Securities Authority | Not 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
Pros | Cons |
Market-leading currency and commodities selection | Low leverage for retail traders |
Fractional share dealing and AutoInvest | MT4 trading platform not available |
YouTube educational channel | Limited pricing transparency suggesting high trading costs |
Low minimum deposits from as little as $1 |
Plus500
Pros | Cons |
Competitive asset selection of 2,000+ focused on equity and ETF CFDs | No support for algorithmic trading and absence of MT4 |
Guaranteed stop-loss orders and negative balance protection | Higher minimum deposit but within a reasonable range |
A publicly listed company, well-capitalized and trusted | |
Lightweight webtrader ideal for beginner traders |
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.
FAQs
What is better than Plus500?
It depends on what traders are looking for, as Plus500 presents manual traders with a user-friendly and capable trading platform with a well-balanced asset selection.
Is Trading212 a good trading platform?
Trading212 is a good platform for manual traders and those with smaller portfolios.