We compared for you “eToro vs. Plus500″ since both are very popular forex brokers for newbies.
| ETORO vs. Plus500 |  |  |
|---|---|---|
| Broker's Overall Score | 9.8 / 10 | 9 / 10 |
  66% of retail investor accounts lose money when trading CFDs with this provider. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. | |
| Headquarters | Cyprus | Israel |
| What you can trade | Forex, 950+ Real Stocks !! 15+ Real Cryptocurrencies, CFD on Indices, CFD on 7 Commodities, Social Trading (Copy Profitable Investors) | Forex, 1500+ CFD Stocks CFD Cryptocurrencies, CFD on Indices, CFD on 14 Commodities, |
| Minimum deposit amount | $200 $50 for Australian traders | $100 |
| Regulation | ASIC Australia License FCA UK License | FCA UK License Singapore MAS License South Africa FSCA License |
| BONUS for traders | No bonuses | No bonuses |
| Islamic account | Yes SWAP free islamic account possible | Yes SWAP free islamic account possible |
| VPS free | No | No |
| PAMM | No | No |
| Copytrading | Yes (CopyTrader function) | No |
| Max. leverage | up to 1:300 under ASIC Australia License 1:30 for EU clients under CySEC license | 1:30 |
| Number of currencies available | 56 | 61 |
| Spreads | Variable Spreads | Variable Spreads |
| Average Spreads EURUSD | 3 Pips | from 0.6 Pips |
| Minimum Lot Size | 0.01 | 0.01 |
| Inactivity Fees | Yes | Yes |
| Trading Platforms | CopyTrader; Android/iPhone, | Android/iPhone, Webtrader |
| MT4 / MT5 / cTrader | No | No |
| Trading Contests | No | No |
| Negative Balance Protection | Yes for all brands | Yes |
| Account Funding options | Paypal, Skrill, Credit cards, Wire Transfer, | Paypal, Skrill, Neteller, Credit cards, Wire Transfer |
| Withdrawal fees & Deposit fees | $25 withdrawal fee | None |
| Supported Languages | English, German, Spanish, French, and Italian | Arabic, English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian, Chinesse |
| Here is the full review of Etoro | Here is the full review of Plus500 | |
66% of retail investor accounts lose money when trading CFDs with this provider. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. |
Our Verdict: Etoro vs. Plus500 – who’s the winner?
Based on our extensive testing of both platforms we would certainly recommend you to trade with eToro over Plus500 mainly due to the following reasons:
- eToro was much faster in terms of trade execution speed
- eToro’s trading software is more user friendly than Plus500’s proprietary platform.
- We pretty much liked the famous Copy Trading functionality that is inside eToro
- Plus500 was a bit cheaper than eToro in terms of spread
- Plus500 doesn’t charge you with withdrawal fees
- Both platforms lack MT4/MT5 so forget EA’s or forex robots.