eToro vs Plus500 Which One Is Better?

Modern and low priced, Plus500Ltd was created in 2008 in London. Currencies, shares, indices and commodities can all be traded. However, it is possible to find brokers who match your needs and your style of trading.
The best traders win lots in the form of financial incentives that they can withdraw or add to their existing trading capital. Also, a free demonstration account is available for beginner traders so they can learn trading in real market conditions. Many people don’t understand why it would etoro vs plus500 be necessary for CFD brokers to separate company money from client funds. This is extremely important because, in the past, some brokers have paid company debt using client funds. When the company experienced difficult financial times, there was no money left to pay back their clients.

It has a good selection of payment methods available to choose from, including credit card, bank/wire transfer, and electronic wallets. EToro accepts the following payment methods which you can use to make your minimum deposit transaction. EToro does charge an inactivity fee of $10 per month if there has been no trading activity after one year – pretty standard. Even better, outside of this, Plus500 has another handful of regulatory licences to its name from the FSCA in South Africa, CySEC in Cyprus, and MAS in Singapore. Even though always be aware of the risks and potential losses that come with trading and the high volatility of the market.
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.

Throughout this Plus500  review, we have covered all the key metrics from fees and commissions to payments and regulations. However, we would recommend another broker that has become home to more than 20 million traders worldwide and is regulated by several top-tier financial authorities. Plus500 provides several risk management tools to help you manage your risk tolerance when trading CFDs. These include Stop Limit and Stop Loss orders that can be added to your trades. These order types enable traders to set certain rates at which their positions will close, as a way of safeguarding profits and minimizing losses. However, traders can still choose their ideal brokers by the type of their spreads.
Plus500 traders fall under the investments claim section, whereby the cover for UK-based clients is up to £85,000. With Plus500 you can receive SMS, email, and push notifications in real-time based  on price alerts, daily and hourly percentage change, and traders’ sentiment. The alert setup process is streamlined and free and is compatible with all devices.

If the maintenance margin level is not sustained all open positions will be automatically closed. The difference between a put option and a call option is that when you buy a call option you gain the right to buy the underlying asset at a specified strike price within a set timeframe. When you buy a put option, on the other hand, you gain the right to sell the underlying asset at the specified price before the option expires. As we have already mentioned, all trading on this discount broker is made through CFDs. This means that you do not own the underlying asset, as you are speculating on the price either rising or falling.
We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money. In terms of mobile charting indicators and studies Plus500 has 110, compared to the industry average of 41. Mobile charting indicators can be a useful tool to help traders analyze price trends, identify potential entry and exit points, and make informed trading decisions. It can be said that when compared with some others in the industry, this is a relatively high minimum deposit, although, with no fees, it can be acceptable if you are a higher volume trader.

John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. We’ve researched the MetaTrader offerings of 60+ forex brokers and found that 81% of brokers offer the more famous version of MetaTrader, MT4, while only 62% offer the newest version, MT5. We have in-depth guides on MetaTrader if you'd like to learn more; check out our guide to MT4, or read our in-depth guide to MT5.
The eToro mobile app is available on both Android and iOS devices. If you are looking for a broker to trade actively, Plus500 is a good choice. If you are looking for background information, then you better go for eToro.