ETX Capital Vs. Plus500 - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 73.85% of retail CFD accounts lose money.	Visit 77% of retail CFD accounts lose money.
Overview
Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.	Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options.
Best For
Forex traders for variety of currencies and high net worth equities Traders seeking commission free equities inside their 250 commission-less selection Traders who want to trade commodity futures and bonds	Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) FSCA (South Africa) CySec (Cyprus)	CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)
The Good
Commission-free trades for 250 equities Low minimum deposit to open standard account (100£) Wide selection of commodity futures and bonds Decent educational material for market research, including seminars on indices, commodities and currencies	CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools
The Bad
Doesn’t provide live news feed on standard account No ability to purchase real stocks or ETFs (All assets are CFDs) Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)	No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
Status
Inactive	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1965	2008
💳 Minimum Deposit Range
From $100 to $10,000	$100
💰 Payment Methods
Visa Mastercard Maestro Skrill UnionPay Bank Transfer	Visa Mastercard Bank Transfer Paypal Skrill
💵 Account Base Currencies
3 - EUR, USD, GBP	16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, CN, SG, CH.	US, CA, CU, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
5,174	2,245
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
5,000	2,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
60	70
📗 Commodities
0	0
📗 Commodities CFDs
17	25
📕 Indices
0	0
📕 Indices CFDs
20	26
📔 ETFs
0	0
📔 ETFs CFDs
19	95
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	14
📒 Bonds
0	0
📒 Bonds CFDs
8	0
📓 Options
0	0
📓 Options CFDs
0	15
📗 Futures
0	0
📗 Futures CFDs
45	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
1 ETF	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)	Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
1 Bond	Unavailable
📈 Minimum Futures Trade Size
Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 Retail Leverage
30	30
💪 Professional Leverage
500	300
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	$10 every 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)	None
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 70 Pips
📈 GOLD
Dynamic - From 60 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13	Dynamic - From $5.2
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 7 Pips
📉 BTC
Dynamic - From $226.4	Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes	No
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No