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E*TRADE vs Plus500 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

E*TRADE

VS
Plus500

Plus500

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both ECN and STP broker

Market maker

Years of Existence / Established Year

1982

2008

Customer Base / Number of Accounts

5.2 million client accounts

20 Million


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Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Security Measures

SIPC

Anti-Money Laundering

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

2800+

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

No

No

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Retail Account & Demo Account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

1:30

Trade Limit (maximum per trade)

Depends on assets class

Depends on the asset type

Commission (per account type)

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

Credit, Debit, Master card, Bank transfer, e-wallets

Withdrawal Methods

E-wallets, check, Wire transfer

Credit, Debit, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

Electronic transfer

PayPal, Skrill


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Tools & Educational Resources

Economic Calendar

No

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide


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Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

Commission-$0

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.65

NA

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:30


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Non-Trading Fees

Dormant Fees

$0

$10 per month inactive for three months

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0.30%

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

$15/ month

NA

Deposit Fee

$0

$0

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

0.70%

Withdrawal Fee

Check return - $25, Electronic return -$25

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

8 AM - 8 PM ET on weekdays

24/7

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Support Languages

1

32+


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Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

Menachem Begin 125 Tel Aviv, Israel.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
E*TRADE stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Plus500 offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Account approval at E*TRADE is usually completed within hours, often with automated ID checks. Plus500 might take longer due to manual reviews, but provides in-depth onboarding support along the way.
New traders may find Freetrade interface more welcoming, while Plus500 appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
Advanced users will enjoy E*TRADE capabilities, but Plus500 remains a favorite for its streamlined and beginner-centric approach.