Key Differences Between Plus500 and eToro
The primary distinction between Plus500 and eToro lies in their product offerings:
- Plus500 specializes exclusively in CFD-based products.
- eToro provides a broader range of investments, including real stocks, cryptocurrencies, and social trading features.
👉 Discover the best platform for your trading style
Who Should Use Plus500?
- Day traders focused on CFDs.
- Those seeking tight spreads and a proprietary trading platform.
Who Should Use eToro?
- Investors interested in diversified assets (stocks, crypto).
- Beginners leveraging copy trading tools.
Detailed Comparison
1. Fees and Costs
| Feature | Plus500 | eToro |
|-----------------------|------------------------|------------------------|
| Minimum Deposit | £100 | $50 |
| Withdrawal Fee | £0 | $5 |
| Inactivity Fee | $10 after 3 months | $10/month after 1 year |
| Forex Spreads | Tighter | Wider |
Winner: Plus500 (lower fees for active traders).
2. Investment Options
| Asset Type | Plus500 | eToro |
|-----------------------|---------------|---------------|
| CFDs | ✔️ 2,800+ | ✔️ |
| Real Stocks | ❌ | ✔️ |
| Cryptocurrencies | ❌ | ✔️ |
| Copy Trading | ❌ | ✔️ |
Winner: eToro (more versatility).
👉 Explore crypto trading on eToro
3. Platform Features
| Feature | Plus500 | eToro |
|-----------------------|-----------------------------|-----------------------------|
| Demo Account | ✔️ | ✔️ |
| Social Tools | Limited (+Insights) | Advanced (CopyTrader) |
| Research | Basic | Comprehensive |
Winner: Tie (depends on trader needs).
FAQs
1. Is Plus500 safer than eToro?
Both are regulated (Plus500: FCA; eToro: CySEC). Plus500 is listed on the LSE, adding transparency.
2. Can I trade crypto on Plus500?
No—only CFDs. For real crypto, use eToro.
3. Which has better customer support?
Plus500 offers 24/7 live chat; eToro’s support is slower.
4. Does eToro charge commissions?
No commissions for stocks, but spreads apply.
5. Best for beginners?
eToro’s CopyTrader is ideal for learning.
Final Verdict
- Choose Plus500 for CFD trading with low costs.
- Choose eToro for diverse assets and social features.
Remember: 80% of retail CFD traders lose money. Trade responsibly.