eToro vs Plus500
Since 9 May 2013, ETORO (UK) LIMITED has been authorised by the FCA, FRN 583263. It holds client money. Since 29 Jun 2010, Plus500UK Ltd has been authorised by the FCA, FRN 509909. It holds client money.
eToro and Plus500 side by side
Each figure comes from the broker and includes the date we read it. They follow the order people search for them, not any preferred ranking.
| Fact | eToro | Plus500 |
|---|---|---|
| UK firm | ETORO (UK) LIMITED | Plus500UK Ltd |
| FRN | 583263 | 509909 |
| Regulatory status | Authorised | Authorised |
| Authorised since | 9 May 2013 | 29 Jun 2010 |
| Clone firms on the register | 5 | 12 |
| Retail CFD accounts that lose money | 55%, read 2 Nov 2026 | 76%, read 2 Nov 2026 |
| EUR/USD spread as stated | 0.005% per trade (minimum, Standard) | Not stated |
| Smallest deposit | £50 | Not stated |
| Inactivity fee | Not stated | up to USD 10 monthly after at least three months without logging in |
| Withdrawal fee | no charge for local currency (GBP) accounts; USD 5 for a USD investment account | no charge (We Don’t Charge Deposit and Withdrawal Fees); withdrawals under the stated minimum may incur charges |
| Withdrawal time | Not stated | Processing normally takes 1-3 working days; e-wallets take 3-7, while bank transfers take 5-7. |
| CFDs | Yes | Yes |
| Share dealing | Yes | Not stated |
| Retail leverage | Not stated | 1:30 on Forex CFDs; 1:5 on share CFDs |
| Platforms | Etoro platform and app (etoro edge terminal) | Plus500 trading platform (web and app) |
| Demo account | Yes | Yes |
| Negative balance protection | Not stated | Yes |
| iPhone app rating, UK App Store | 4.24 of 5 (18,299 ratings) | 4.25 of 5 (7,849 ratings) |
For both brokers, the FCA status, CFDs and demo account are the same.
Sources: etoro.com, read 2 Nov 2026.; plus500.com/en-GB, read 2 Nov 2026.; etoro.com/trading/fees/cfd-spreads, read 2 Nov 2026.; plus500.com/en-gb/aboutus, read 2 Nov 2026.
How the two loss rates stand against the wider field
The full risk warning from each broker
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. For retail investor accounts trading CFDs with this provider, 55% lose money. Whether you understand how CFDs work is something you should consider, along with whether you can afford the high risk of losing your money.
The wording shown is eToro's own from etoro.com, read 2 Nov 2026.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. For retail investor accounts trading CFDs with this provider, 76% lose money. Think about whether you understand how CFDs work. You should consider whether you could afford the possibility of losing money when the risk is high.
The wording shown is Plus500's own from plus500.com, read 2 Nov 2026.