Plus500
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77% of retail CFD accounts lose money.

Vs.

AAATrade
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83.72% of retail CFD accounts lose money.

Plus500 Vs. AAATrade - Compare and Choose the Right One

Updated May 26 2022

Visit

77% of retail CFD accounts lose money.

Visit

83.72% of retail CFD accounts lose money.

Overview

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Best For
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

3

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • CySec (Cyprus)
The Good
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
The Bad
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
Status
Operational Operational
Recent News
N/A N/A
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
2008 2013
💳 Minimum Deposit
$, €, £ - 100 $500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Skrill
  • Credit Card
  • Debit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • Giropay
  • QIWI
  • Cryptocurrencies
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. 3 - USD, EUR, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, CU, SY, IR. US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.
📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.
📙 Stocks
2,000+ 1,000+
📘 Currency Pairs
70 80+
📗 Commodities
25 4
📕 Indices
26 12
📔 ETFs
95 5
💸 Cryptocurrencies
14 50+
📒 Bonds
N/A 4
📓 Options

Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.

N/A
📗 Futures
N/A 7
📝 Notes:

All of Plus500's assets are CFDs.

Almost all assets are CFDs, except for 45 blue chip stocks

Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock (Eg: 0.05 units of Tesla) 1 Share
📉 Minimum ETFs Trade Size
Varies by ETF (Eg: 0.5 units of XLK) 1 ETF
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC) Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) $1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
N/A !00 Units
📈 Minimum Futures Trade Size
N/A $1,000 (0.01 lots)
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls) N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:300 Up to 1:200
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
Yes, $10 every 3 months

Yes, €15 after 3 months of inactivity.

💰 Deposit Fees
No

Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

💰 Withdrawal Fees
No

No for debit/credit card and e-payment. Wire transfer has a €10 fee.

💰 Commissions
No
  • No commissions on novice accounts.
  • Commission free trading for stock ETFs on Experienced accounts
  • FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 2 Pips
📉 SP500
Dynamic - From 70 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - From $5.2 Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips Dynamic - From $0.01
📉 BTC
Dynamic - From $136 Dynamic - From $511
Research and Analysis
⭐ Watchlists
No, only allows setting an individual favourites list Yes
🔭 Stock Screener
No Yes (Partial)
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes

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