Plus500 vs Vanguard

Plus500 vs Vanguard Comparison Table 2024
Plus500	Vanguard
Review 4.1	Review 2.8

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.	Vanguard is a US-headquartered brokerage with 50 million clients globally and $8+ billion in assets under management. The brands offers investing in stocks, mutual funds, bonds, ETFs and options with low fees. The trusted broker is regulated by the SEC, FINRA and FCA.
Customer Reviews
3 Based on 1 Plus500 customer reviews
Comment by Reviewer
"Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources."	"We recommend Vanguard for long-term investors looking for managed accounts and self-directed trading opportunities. Fees are competitive, with zero-commission stock and ETF trading."
Pros
Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp	Trusted since 1975 with strong regulatory oversight in the US and UK Retirement and ISA accounts available alongside traditional investing solutions Fully managed accounts providing a hands-off approach to investing Excellent education and user guides compared to alternatives Competitive fee structure with a 0.15% account fee Commission-free stock and ETF trading Well-designed mobile app ESG funds available
Cons
Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners The absence of social trading means users can’t follow and replicate the trades of experienced traders Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited Algo trading and scalping are not supported, which may deter some day traders	Limited payment methods - credit cards, cheques and e-wallet are not supported High minimum investment amounts, including $3000 for the majority of mutual funds No demo account available to practise trading risk-free Focused on US clients
Awards
Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto	Stocks, ETFs
Demo Account
Yes	No
Minimum Deposit
$100	$1
Trading Platforms
WebTrader App	Own
Payment Methods
Apple Pay Credit Card Debit Card Mastercard PayPal Skrill Trustly Visa Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA	SEC, FINRA
Margin Trading
Yes	Yes
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	Yes
Robo Advisor
No	Yes
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS, Android & Windows	iOS & Android
App Review
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.
Android App Rating
4.3
iOS App Rating
4.1
Auto Trading
No	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$10
Islamic Account
Yes	No
Account Currencies
USD EUR GBP AUD ZAR CZK	USD EUR GBP
Stock Exchanges
Australian Securities Exchange (ASX) 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	Dow Jones London Stock Exchange Nasdaq S&P 500
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees.	CFD trading not offered
Leverage
1:30
FTSE Spread
1.2
GBPUSD Spread
1.1
Oil Spread
0.04
Stocks Spread
0.08
Forex Trading
Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably 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
More Comparisons
Plus500 vs	Vanguard vs