Trading brokers comparison: Plus500 vs eToro
Plus500 offers 6, which are restricted to the biggest coins, plus an index. As mentioned above, eToro offers a unique feature called Copytrading, the perfect playground for you to copy the trades and portfolios of other traders within the community. It is regulated by top-tier authorities such as the UK's FCA or Australia's ASIC.
Plus500 is a well-respected CFD provider listed on the London Stock Exchange and regulated by global regulatory bodies. The broker also offers a good selection of CFD instruments (+2,000 CFDs), 70 currency pairs, an average EUR/USD spread of 0.8 pips, and so much more. At the same time, experienced traders with proven strategy are able to earn an additional income each month by being followed and copied by other platform users. When copied, traders plus500 vs etoro will receive a fixed payment equal to 2% of their annual assets under management . Meanwhile, eToro’s copy trading technology enables retail clients to automatically replicate the activity of top-performing traders without the need to pay management fees or other hidden costs. Clients are able to search through eToro’s vast active trader base by using certain parameters such as return, risk score, number of copiers or preferred markets to trade.
EToro rewards the experts who build the largest following and engage with the community the most. In this, eToro’s platform is a win-win for rookies and veterans. "Do Not Trust" ( We do not recommend opening an account of any kind with a broker that earns a “Do Not Trust” rating.
EToro offer variable spreads only and utilises aspects of straight-through processing and no dealing desk execution. This means that some trades are directly passed onto liquidity providers, while orders are absorbed by eToro. In terms of cyber-security, eToro platform is extremely safe and never had any issues with hacking attacks or user fund losses. EToro also takes precautions to ensure the funds and personal information of clients are safe. As a regulated platform, eToro is governed by the highest standards of accountability and transparency and is licensed to offer its services to large parts of the world.
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework.
Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. These are features that stem from copy trading and create a community of investors that can connect and share trading strategies and investment advice. EToro’s flagship feature is arguably their copy trading and CopyPortfolio suite.
The company is fully regulated in every country in which it operates. First and foremost, this is a CFD provider, and CFDs are very risky products if you don’t have enough experience with them. 84% of retail CFD accounts lose money with Plus500, which is a common characteristic for all CFD providers. The Trading 212 CFDs accounts is perfect for traders who wants to invest in CFDs. This is the traditional trading offer and among its assets we can find currencies, stocks, commodities and indexes.
Plus500 traders fall under the investments claim section, whereby the cover for UK-based clients is up to £85,000. With Plus500 you can receive SMS, email, and push notifications in real-time based on price alerts, daily and hourly percentage change, and traders’ sentiment. The alert setup process is streamlined and free and is compatible with all devices.
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. Plus500 is a global CFD broker, offering more than 2,500 financial instruments.
Plus500 is not licensed in the United States, however, they are fully regulated and compliant in the UK, the EU, Australia, Singapore, and Israel. Your investments are subject to intense scrutiny here too, making it a viable option for cautious investors. Plus500 offers CFD trading, and cryptocurrency CFDs may be subject to geographically-specific regulations, such as the FCA’s ban on cryptocurrency derivatives in the UK. Always check the regulations relevant to your locality when deciding on a trading platform.
Plus500 offers no special features such as external trading signals or copy trading, PAMM or MAM (special integrations where you can manage other people’s funds or let someone else manage yours). Plus500 obviously puts focus on the basics, making it simple and easy for relatively new traders to buy CFDs of their choice with no super advanced options. Cryptoasset investing is highly volatile and unregulated in some EU countries. CFD crypto trading is unavailable for clients residing in the UK and US. Plus500 and eToro both offer countless chart options, with indicators ranging from moving averages and strength indices to Bollinger bands and Ichimoku clouds. This allows traders to conduct technical analysis and make trades all in the same place.
At the time of writing, the spread on Bitcoin for eToro is 0.75% of the purchase value. When the Bitcoin price falls sharply, the costs at eToro can be lower. Within the Plus500 software it is easy to immediately find the asset in which you want to trade. It is also useful that you can perform all kinds of technical analyses on the graphs. Comparing eToro to Plus500 side by side we found both brokers reliable and with good standing. The proposals are different with eToro focus on Social Trading and Plus500 as CFD Trading Broker with a large number of instruments and easy-to-use platform.
You can also invest in other products through their platform, which is intuitive and simple to use, making it a good choice for beginners. Fees for Plus500’s platform sway on the low side, and actually, its fees are lower all around. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team.