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TD Ameritrade vs Plus500 2021

Is Plus500 better than TD Ameritrade? After testing 27 of the best forex brokers over five months, TD Ameritrade is better than TD Ameritrade. With over 70 currency pairs to trade alongside a plethora of tools, research, and education, TD Ameritrade's thinkorswim platform provides US-based forex traders the ultimate trading technology experience.


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.

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Overall Rating

Feature TD Ameritrade Plus500
Overall 4.5 4
Commissions & Fees 3.5 4
Offering of Investments 4.5 4
Platforms & Tools 4.5 4
Mobile Trading 4.5 4
Research 4.5 3
Education 4 3
Trust Score 98 98
TD Ameritrade Review Plus500 Review
Winner check_circle
N/A of retail CFD accounts lose money 76.4% of retail CFD accounts lose money

Regulation

Feature TD Ameritrade Plus500
Trust Score 98 98
Year Founded
1955 2008
Publicly Traded (Listed)
Yes Yes
Bank
Yes No
Tier-1 Licenses
5 3
Tier-2 Licenses
0 4
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

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

Investments

Feature TD Ameritrade Plus500
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes No
Currency Pairs (Total Forex pairs)
73 50
CFDs - Total Offered
0 2033
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
No Yes

Cost

Feature TD Ameritrade Plus500
Average Spread EUR/USD - Standard
1.065 pips (Sep 2019) 0.6 (as of Aug 2018)
All-in Cost EUR/USD - Active
1.065 pips (Sep 2019) N/A
Active Trader or VIP Discounts
Yes No

Funding

Feature TD Ameritrade Plus500
Minimum Initial Deposit
$0.00 €100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature TD Ameritrade Plus500
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
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 TD Ameritrade Plus500
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
548 10
Charting - Indicators / Studies (Total)
382 103
Charting - Drawing Tools (Total)
20 21
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature TD Ameritrade Plus500
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
No Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
348 18
Charting - Draw Trendlines
Yes No
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No

Research

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

Education

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

Major Forex Pairs

Feature TD Ameritrade 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 TD Ameritrade Plus500
Overall 4.5 4
Commissions & Fees 3.5 4
Offering of Investments 4.5 4
Platforms & Tools 4.5 4
Mobile Trading 4.5 4
Research 4.5 3
Education 4 3
Trust Score 98 98
TD Ameritrade 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 Plus500 vs TD Ameritrade.

Does Plus500 or TD Ameritrade 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 Plus500 or TD Ameritrade 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. TD Ameritrade holds 5 global Tier-1 licenses, while Plus500 holds 3. Plus500 holds 4 global Tier-2 licenses, while TD Ameritrade holds 0. All regulators considered, both Plus500 and TD Ameritrade have a Trust Score of 98.00.

Which trading platform is better: Plus500 or TD Ameritrade?
To compare the trading platforms of both Plus500 and TD Ameritrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found TD Ameritrade 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 TD Ameritrade offers copy trading, Plus500 does not. Neither broker offers Meta Trader.

How many forex pairs and CFDs are available to trade?
TD Ameritrade provides traders 73 currency pairs (e.g., EUR/USD) compared to Plus500's 50 available pairs. Forex pairs aside, Plus500 offers traders access to 2033 CFDs while TD Ameritrade has 0 available CFDs, a difference of 2,033.

Overall winner: TD Ameritrade

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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.

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

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