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eToro vs Plus500 2023

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Written by ForexBrokers.com

December 27, 2022

Is eToro better than Plus500? In our analysis of 23 international regulators across 62 of the best forex 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.

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Overall RatingeToroPlus500
Overall Rating 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 93 98
Winner check_circle
Review eToro Review Plus500 Review
Broker ScreenshotseToroPlus500
Trading Platforms Gallery (click to expand)
eToro web trading platformzoom_in eToro web trading platformzoom_in eToro web trading platform CopyPortfoliozoom_in eToro research crypto market reportszoom_in eToro web trading platform CopyPortfolioszoom_in eToro web trading platform CopyPortfolios trade ticketzoom_in eToro web trading platform cryptocurrency watchlistzoom_in eToro web trading platform EUR/USD feedzoom_in eToro web trading platform forex pairszoom_in eToro web trading platform copierszoom_in
Plus500 trading platform EURUSDzoom_in Plus500 web trading platform light themezoom_in Plus500 web trading platform chartszoom_in Plus500 web trading platform economic calendar Dow Joneszoom_in Plus500 web trading platform sentiment datazoom_in Plus500 web trading platform upcoming events per instrumentzoom_in Plus500 web trading platform alertszoom_in
Research Gallery (click to expand)
eToro web trading platform forex pairs and sentimentzoom_in eToro blog news and analysis research articleszoom_in eToro blog news and analysiszoom_in
Plus500 market analysis news article detailzoom_in Plus500 market analysis news articleszoom_in
Mobile Trading Gallery (click to expand)
eToro mobile trading appzoom_in eToro mobile trading app basic chart viewzoom_in eToro mobile trading app chartszoom_in eToro mobile trading app market feed newszoom_in eToro mobile trading app popular investors copy tradingzoom_in eToro mobile trading app trade ticketzoom_in eToro mobile trading app watchlistzoom_in
Plus500 mobile trading app watchlistzoom_in Plus500 mobile trading app settingszoom_in Plus500 mobile trading app instrument explorerzoom_in Plus500 mobile trading app forex optionszoom_in Plus500 mobile trading app economic calendarzoom_in Plus500 mobile trading app alertszoom_in Plus500 mobile trading app charts landscape viewzoom_in
Education Gallery (click to expand)
eToro educational courses videozoom_in eToro YouTube channelzoom_in eToro YouTube channelzoom_in
Plus500 educational video YouTube playlistzoom_in Plus500 webinars with Corellian Academy YouTube video playlist.zoom_in Plus500 webinars with Corellian Academy YouTube video.zoom_in
RegulationeToroPlus500
Trust Score 93 98
Year Founded 2007 2008
Publicly Traded (Listed) No Yes
Bank No No
European Union Authorised (MiFID) Yes info Yes info
Tier-1 Licenses 2 4
Tier-2 Licenses 1 4
Tier-3 Licenses 0 0
Tier-1 Licenses (High Trust)eToroPlus500
Australia (ASIC Authorised) Yes Yes
Canada (SRO Authorised) No No
Hong Kong (SFC Authorised) No No
CBI Authorised (Ireland) No No
Japan (SFC Authorised) No Yes
Singapore (MAS Authorised) No Yes
Switzerland (FINMA Authorised) No No
United Kingdom (U.K.) (FCA Authorised) Yes Yes
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No Yes
Tier-2 Licenses (Average Trust)eToroPlus500
China (CBRC Authorised) No No
Cyprus (CySEC Authorised) Yes Yes
India (SEBI Authorised) No No
Israel (ISA Authorised) No Yes
Russia (CBR Authorised) No No
South Africa (FSCA Authorised) No Yes
Thailand (SEC Authorised) No No
UAE (DFSA/Central Bank Authorised) No Yes
Tier-3 Licenses (Low Trust)eToroPlus500
Bahamas (SCB Authorised) No No
Belize (FSC Authorised) No No
Cayman Islands (CIMA Authorised) No No
Bermuda (BMA Authorised) No No
British Virgin Islands (FSC Authorised) No No
Mauritius (FSC Authorised) No No
Vanuatu (VFSC Authorised) No No
InvestmentseToroPlus500
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 3458 2800
Forex Pairs (Total) 49 65
U.S. Stock Trading (Non CFD) Yes Yes
Int'l Stock Trading (Non CFD) Yes Yes
Social Trading / Copy Trading Yes No
Cryptocurrency (Physical) Yes No
Cryptocurrency (CFD) Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.
CosteToroPlus500
Average Spread EUR/USD - Standard 1 info 0.8
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
FundingeToroPlus500
Minimum Deposit $10-$10,000 €100
PayPal (Deposit/Withdraw) Yes Yes
Skrill (Deposit/Withdraw) Yes No
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformseToroPlus500
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 ToolseToroPlus500
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
Charts can be saved Yes Yes
Mobile TradingeToroPlus500
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes Yes
Mobile Charting - Indicators / Studies 5 110
Mobile Charting - Draw Trendlines No Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave No No
Forex Calendar No Yes
ResearcheToroPlus500
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) No No
Autochartist No No
Trading Central (Recognia) Yes Yes
Social Sentiment - Currency Pairs Yes Yes
Economic Calendar Yes Yes
EducationeToroPlus500
Education (Forex or CFDs) Yes Yes
Client Webinars Yes Yes
Client Webinars (Archived) Yes Yes
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos Yes Yes
Investor Dictionary (Glossary) Yes No
Major Forex PairseToroPlus500
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
Review eToro Review Plus500 Review
OveralleToroPlus500
Overall Rating 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 93 98
Winner check_circle
Review eToro Review Plus500 Review
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eToro vs Plus500 Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 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 23 international regulator databases. Here's our findings. Plus500 holds 4 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

Plus500 provides traders 65 currency pairs (e.g., EUR/USD) compared to eToro's 49 available pairs. Forex pairs aside, eToro offers traders access to 3458 CFDs while Plus500 has 2800 available CFDs, a difference of 658.

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 zero 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 five tier-1 regulators (high trust), three 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 experienced investors – or receive exclusive perks for sharing their own trading strategies.

Is Plus500 good?

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Overall winner: eToro

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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