eToro vs Plus500 2026: Which Broker is Better?

Regulation & Safety

eToro and Plus500 are both regulated by several reputable financial authorities, ensuring a high level of trust and security for their users. eToro is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the U.S. Securities and Exchange Commission (SEC). This broad regulatory oversight provides users with a robust level of protection, making it a safe choice for trading in multiple regions.

Plus500, on the other hand, is regulated by the FCA, CySEC, ASIC, and the Monetary Authority of Singapore (MAS), which offers an equally strong level of regulatory assurance. Both brokers ensure client funds are segregated from their own operating funds, providing an additional layer of security. However, Plus500 does not offer real asset ownership, unlike eToro, which provides real stock purchases alongside CFD trading.

Fees & Spreads

When it comes to fees and spreads, Plus500 offers more competitive spreads starting from 0.6 pips, whereas eToro’s spreads begin at 1 pip. Both brokers charge no commissions on trades, which is advantageous for traders looking to minimise transaction costs. However, eToro charges a $5 withdrawal fee, which could be a consideration for those planning frequent withdrawals. On the other hand, Plus500 has no withdrawal fees but requires a higher minimum deposit of $100 compared to eToro's $50.

Both brokers impose inactivity fees, with Plus500 charging after three months of inactivity, compared to eToro's 12-month policy. Overnight fees are applicable on both platforms for positions held overnight, which is common in the industry. Traders should carefully assess these fees in relation to their trading habits to choose the more cost-effective option.

Trading Platforms

eToro and Plus500 both offer proprietary web and mobile trading platforms, designed with user-friendliness in mind. eToro is renowned for its industry-leading social and copy trading features, making it an excellent choice for traders interested in these functionalities. Plus500's platform, while lacking the advanced charting tools found in eToro, provides a straightforward interface that is particularly appealing to beginners. Neither broker supports third-party platforms like MT4 or MT5, which may be a drawback for users seeking advanced analytical tools.

Who Should Choose eToro?

• Traders interested in social and copy trading.
• Investors looking for real stock ownership alongside CFDs.
• Beginners seeking a user-friendly interface.
• Traders who want a crypto wallet included.

Who Should Choose Plus500?

• Traders focused on CFD trading across a wide range of instruments.
• Beginners who prefer a simple, intuitive platform.
• Traders who want lower spreads starting from 0.6 pips.
• Investors looking for no withdrawal fees.

Our Verdict

eToro is the better choice for beginners and those interested in social trading features. Plus500 is more suited for professional traders due to its lower spreads. On fees, Plus500 edges out with lower spreads and no withdrawal fees, making it a more cost-effective option overall.