Plum vs eToro US

Plum vs eToro USA Comparison Table 2024
Plum	eToro USA
Review 3	Review 4.1

Plum is an financial app that empowers users to save and trade. The investing platform is available in 10 European countries with offices in the UK, Greece and Cyprus. Over 1.5 million clients and have invested more than £1 billion with the firm.	eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
	https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Customer Reviews
4 Based on 1 Plum customer reviews	5 Based on 1 eToro USA customer reviews
Bonus Offer
	Invest $100 and get $10
Comment by Reviewer
"Plum is a great option for traders looking for a user-friendly savings, budgeting and investment app. The £1 minimum deposit, pre-built funds and fractional shares will especially appeal to beginners."	"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
Pros
Commission-free trading on 3000+ stocks with manual or automatic investments Pre-built funds based on a market sector or ESG initiatives with portfolio auto-rebalancing Savings account available with expenditure analysis and free withdrawals Interest rates on uninvested cash are competitive up to 4.21% AER Low minimum investment of £1 plus fractional shares Regulated by the FCA Bill provider analysis	eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC The online broker offers an intuitive social investment network with straightforward copy trading on cryptos The $10 minimum deposit and straightforward account opening process means beginners can get started quickly A free demo account means new users and prospective day traders can try the broker risk-free The broker's Academy offers comprehensive learning materials for beginners to advanced-level investors Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
Cons
Monthly subscription fees apply to access the full suite of services and best trading conditions Limited price analysis features such technical indicators and custom charting for experienced traders Limited payment methods with bank transfer only Narrow product portfolio compared to alternatives The app is only available in European regions No demo account available	There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools Average fees may cut into the profit margins of day traders
Instruments
Stocks, ETFs	Stocks, Options, ETFs, Crypto
Demo Account
No	Yes
Minimum Deposit
£2	$10
Trading Platforms
Own	eToro Trading Platform & CopyTrader
Payment Methods
Wire Transfer	ACH Transfer Debit Card PayPal Wire Transfer
Minimum Trade
£1	$10
Regulator
FCA	SEC, FINRA
Margin Trading
No	Yes
Margin Rate
	8.33%
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
	4
iOS App Rating
	4.3
Auto Trading
	No
Copy Trading
No	Yes
Copy Trading Platform
	You can mirror the positions and strategies of up to 100 other traders with the market-leading eToro US copy trading service. Unlike many competitors, eToro gives you more control over your portfolio, allowing you to stop or pause a copied trade at any time. Pricing is also fairly competitive, with only $1 required to copy a position. eToro copy trading is for crypto only.
Social Trading
No	Yes
Trade Signals
	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
No	Yes
Account Currencies
EUR GBP	USD
Stock Exchanges
Euronext Japan Exchange Group London Metal Exchange New York Stock Exchange	Dow Jones New York Stock Exchange S&P 500
Cryptocurrency
Crypto trading not offered	eToro US offers 24 tradeable cryptoassets, with just a 1% buying/selling fee added to the spread. Additionally, there are 80 different coins available through the broker’s proprietary wallet service. You can also practice your crypto strategies easily by switching between live and demo mode. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Spread
	BTC 0.75%
Coins
	BTC ETH BCH DASH LTC ETC MIOTA XLM EOS NEO ZEC XTZ MKR COMP LINK UNI YFI DOGE AAVE ALGO MANA ENJ BAT MATIC FLR SHIBxM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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