ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

eToro vs Plus500 2021

Is eToro better than Plus500? In our analysis of 23 international regulators across 50 brokers, eToro is considered low-risk, with an overall Trust Score of 93 out of 99. Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade with confidence on the world's leading social trading platform Visit Site
Visit Site

Overall Rating

Feature eToro Plus500
Overall 4 4
Commissions & Fees 4 4
Offering of Investments 4.5 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 3
Education 4 3
Trust Score 92 98
eToro Review Plus500 Review
68% of retail CFD accounts lose money 72% of retail CFD accounts lose money

Regulation

Feature eToro Plus500
Trust Score 92 98
Year Founded
2007 2008
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
2 3
Tier-2 Licenses
1 4
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature eToro Plus500
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No Yes
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature eToro Plus500
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No Yes
FMA Authorised (New Zealand)
No Yes
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature eToro Plus500
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature eToro Plus500
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
3056 1896
Forex Pairs (Total)
47 71
US Stock Trading (Non CFD)
Yes Yes
Int'l Stock Trading (Non CFD)
Yes Yes
Cryptocurrency (Physical)
Yes No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes No

Cost

Feature eToro Plus500
Average Spread EUR/USD - Standard
1 (August 2021) 0.6 (as of Aug 2018)
All-in Cost EUR/USD - Active
N/A N/A
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
Yes No
Execution: Market Maker
Yes Yes

Funding

Feature eToro Plus500
Minimum Deposit
$50-$200 €100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature eToro Plus500
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
No No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
No No
MetaTrader 5 (MT5)
No No
cTrader
No No
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature eToro Plus500
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
6 9
Charting - Indicators / Studies (Total)
66 110
Charting - Drawing Tools (Total)
13 21
Charting - Trade From Chart
No No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature eToro Plus500
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
5 110
Charting - Draw Trendlines
No Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No Yes

Research

Feature eToro Plus500
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes

Education

Feature eToro Plus500
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature eToro Plus500
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature eToro Plus500
Overall 4 4
Commissions & Fees 4 4
Offering of Investments 4.5 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4 3
Education 4 3
Trust Score 92 98
eToro Review Plus500 Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare eToro vs Plus500.

Does eToro or Plus500 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Plus500 offers better pricing overall for traders.

Is eToro or Plus500 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Plus500 holds 3 global Tier-1 licenses, while eToro holds 2. Plus500 holds 4 global Tier-2 licenses, while eToro holds 1. In our analysis of 23 international regulators across 50 brokers, Plus500 earned a higher Trust Score than eToro.

Which trading platform is better: eToro or Plus500?
To compare the trading platforms of both eToro and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, eToro offers superior market research. Finally, we found eToro to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While eToro offers copy trading, Plus500 does not. Neither broker offers Meta Trader.

How many forex pairs and CFDs are available to trade?
Plus500 provides traders 71 currency pairs (e.g., EUR/USD) compared to eToro's 47 available pairs. Forex pairs aside, eToro offers traders access to 3056 CFDs while Plus500 has 1896 available CFDs, a difference of 1,160.

Can I trust eToro?
eToro is not publicly traded and does not operate a bank. eToro is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulators (low trust). eToro is authorised by the following tier-1 regulators: Australian Securities & Exchange Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Is eToro good?
eToro is a winner for its easy-to-use copy-trading platform where traders can copy the trades of investors across over 2300 instruments, including exchange-traded securities, forex, CFDs, and popular cryptocurrencies.

Is Plus500 good?
Plus500 offers online traders an easy-to-use trading platform and a thorough selection of CFD instruments, but trails industry leaders in market research and advanced tools.

Overall winner: eToro

Read Next: Best Forex Brokers 2021


Related Comparisons

Trading CFDs, FX, and cryptocurrencies involve 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. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.

eToro - 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Cryptoassets are highly volatile unregulated investment products. No EU investor protection.

Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

arrow_drop_upBack to top