eToro vs Plus500: 2023 Comparison

Overall, eToro offers a more comprehensive and advanced trading education program, with a broader range of topics covered and live webinars. Plus500's education program is more basic and limited, with fewer topics covered, and no live webinars. However, both platforms offer valuable learning tool for traders of all skill levels. Plus500’s banking methods are much less as it only accepts Visa or MasterCard credit and debit cards, Skrill, Wire Transfer and PayPal. EToro's social trading community is larger and more active than Plus500's.
At the time of writing, the spread on Bitcoin for eToro is 0.75% of the purchase value. When the Bitcoin price falls sharply, the costs at eToro can be lower. Within the Plus500 software it is easy to immediately find the asset in which you want to trade. It is also useful that you can perform all etoro vs plus500 kinds of technical analyses on the graphs. Comparing eToro to Plus500 side by side we found both brokers reliable and with good standing. The proposals are different with eToro focus on Social Trading and Plus500 as CFD Trading Broker with a large number of instruments and easy-to-use platform.

Trading CFD products is a more seamless experience at Plus500 as fees are lower and the selection is broader, however, the broker lags behind eToro when it comes to investing. To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online. The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and easy access from multiple devices. Opening an account and depositing is easy, and you can even try it out with virtual money . Last but not least, Plus500’s customer support needs a mention because of its uniqueness.
Share trading is available, but only via its Plus500 Invest product offering. 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. The great demo account is the best educational resource that Plus500 has to offer.

We go over the pros and cons of both brokers, and which one to choose based on your individual needs. We compared hundreds of data points to make your task easier. EToro allows commission-free trading for real stocks, but this feature is only available to CySEC, FCA, and ASIC customers. Additionally, retail clients can also contact the broker’s support department through the WhatsApp messaging platform.
EToro has offices in the UK, US, EU, and Australia, meaning that you can access their services from most countries throughout the world. Plus500’s offices are in  the UK, Cyprus, Seychelles, Singapore, and Australia. EToro allows withdrawals via credit/debit card, bank transfer, and PayPal.

More positively, the app is available across 36 languages on iOS, Android, and Windows devices. The main screen shows the positions, pricing info, balance info, and enables users to quickly access charts and execute trades. That said, it does lack some more advanced features and the ability to customize which more advanced traders might feel a longing for. Through the app, users will gain access to data, the eToro community, and 24/7 updates, nevermind the fact that all your information will be synced with other devices (it’s the little things). The eToro mobile app succeeds in offering clients the same tools available on the desktop version. Even better, you can look at other traders’ performance history, portfolio, and risk score before deciding who’s trades to copy, to help you make the most informed decision possible.
Both eToro and Plus500 are covered by government schemes like the UK’s Financial Services Compensation Scheme, which protect customers’ funds in the event of insolvency or other crises. This gives you an added layer of confidence when trading with these platforms. One of the critical differences between eToro and Plus500 is how they charge. However, trading spreads, not fees, are the primary source of revenue for Plus500. Founded in 2008, Plus500 is an international fintech company that allows trading in CFDs on shares, ETFs, options, indices, commodities, and currencies.

For example, if you have $1000 margin and you went a 3x leverage on stocks – that means that you have a position of $3000 and pay overnight fees for the $2000 that is borrowed to you from eToro. For non-EU, fees charged are low in comparison to direct competitors like Plus500 or Trading212. Spread feesoccur when youbuy anything  on eToro, stocks, cryptos, and so on, however they are built into the buying price that you see in eToro.
This broker is well known for its huge range of CFDs and instruments. Its platform is well designed, easy-to-use and optimized for professionals. Because of this, eToro is suitable for beginners looking to take a more passive role in trading. As we speak eToro is available to traders across the globe, including the U.S. and Australia. Recent changes to Plus500 came in August when the company traded ex-dividend.