Plus500 vs Stake

Plus500 vs Stake Comparison Table 2023
Plus500	Stake
Review 4.1	Review 2.9
Traders from US not accepted See available CFD brokers	Traders from US not accepted
Plus500 is a leading brokerage, listed on the London Stock Exchange with 25+ million registered traders. The firm specializes in CFD trading on its intuitive, in-house platform and mobile app. Spreads are low and there are no deposit or withdrawal fees. Plus500 also has a high trust score with licenses from reputable regulators, including the FCA, ASIC and CySEC.	Stake is an Wall Street brokerage offering 6,000+ stocks on a mobile investing app. This multi-reglated broker has gained a strong reputation since its inception in 2017, with over 450,000 customers. The brand offers competitive fees, with just a $3 brokerage charge and 0.5% for FX conversion, making it popular with global traders.
82% of retail CFD accounts lose money.
Bonus Offer
	Free Stock
Comment by Reviewer
"Plus500 offers one of the best trading platforms for beginners. With a modern design and dynamic charting, we found it great for trading CFDs on popular financial markets. The $100 minimum deposit and unlimited demo account also make Plus500 accessible for aspiring investors."	"Stake will appeal to aspiring stock investors looking for a heavily regulated, easy-to-use mobile platform with low fees and thousands of US shares."
Pros
Zero commissions and tight spreads on over 2,000 instruments across forex, shares, indices, commodities, cryptos and ETFs Premium service for professional traders with fee rebates, external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment We enjoy using the web platform with its smooth user experience and feature-rich trading tools Excellent reputation with 25+ million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders	Strong regulatory oversight with licenses and memberships with FINRA, SIPC and the FCA Excellent range of 6,000 US stocks and ETFs, plus a useful stock comparison tool Free first 'mystery' stock when you sign up and fund your account within 24 hours Competitive $3 brokerage charge and free fractional shares, plus no inactivity or account fees Sleek and user-friendly mobile interface with price charts, a financial news stream and market data Attractive 'Stake Black' membership for Australian and New Zealand clients, offering instant fund settlements and more Educational content and market overviews are posted to help investors stay up to date with the US and Australian markets Fractional trading and stock lending help Stake offer a complete investing package Clients can take advantage of free trades on Wall Street stocks and ETFs
Cons
No access to the MetaTrader 4 or MetaTrader 5 platforms Average withdrawal speeds that can take up to 7 days No social trading functions for hands-off investors $10 monthly inactivity fee after 3 months Algo trading is not supported Scalping is not permitted	Stake charges hefty deposit and withdrawal fees, and up to A$20 per month for its top account levels To unlock market depth, company financial data and OTC stock trading, investors need to pay up to A$20 per month for Stake Black UK investors are limited to bank transfers when making deposits and withdrawals There is only one method for clients to contact the customer support team The brokerage does not support trading using leverage or margin There are limited technical analysis tools in the app There is a narrow range of trading instruments
Awards
Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto	Stocks, ETFs
Demo Account
Yes	No
Minimum Deposit
$100	$50
Trading Platforms
WebTrader App	Own
Payment Methods
Apple Pay Credit Card Debit Card Mastercard PayPal Skrill Trustly Visa Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet POLi Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA	FCA, ASIC, FMA
Margin Trading
Yes	No
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
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
No
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$10	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP AUD ZAR CZK	USD GBP AUD NZD BRL
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 London Stock Exchange Nasdaq S&P 500 SIX Swiss Exchange	Australian Securities Exchange Nasdaq New York Stock Exchange
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Plus500 offers commission-free CFDs on a huge range of markets, including currencies, stocks, indices and commodities. Traders can go long or short on popular assets with flexible leverage and no hidden charges. The WebTrader platform has been specifically designed for trading CFDs.	CFD trading not offered
Leverage
1:30
FTSE Spread
1.8
GBPUSD Spread
1.1
Oil Spread
0.04
Stocks Spread
0.08
Forex Trading
Plus500 offers forex trading via CFDs with tight, floating spreads and an excellent suite of 60+ currency pairs. We got spreads of 0.6 pips on the EUR/USD during testing - lower than many alternatives.	Forex trading not offered
Forex App
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
GBPUSD Spread
1.1
EURUSD Spread
0.6
EURGBP Spread
1.4
Assets
60+
Cryptocurrency
Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation.	Crypto trading not offered
Spread
Variable
Coins
BCH BTC ETH LTC XRP IOTA NEO EOS XMR
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
82% of retail CFD accounts lose money.
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