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


Visit 77% of retail CFD accounts lose money.	Visit 73.85% 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.	Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.
Best For
Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options	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
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)	FCA (UK) FSCA (South Africa) CySec (Cyprus)
The Good
CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools	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
The Bad
No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)	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)
Status
Operational	Inactive
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
2008	1965
💳 Minimum Deposit Range
$100	From $100 to $10,000
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Skrill	Visa Mastercard Maestro Skrill UnionPay Bank Transfer
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.	3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, CU, SY, IR.	US, BE, CN, SG, CH.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
2,245	5,174
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
2,000	5,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
70	60
📗 Commodities
0	0
📗 Commodities CFDs
25	17
📕 Indices
0	0
📕 Indices CFDs
26	20
📔 ETFs
0	0
📔 ETFs CFDs
95	19
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
14	5
📒 Bonds
0	0
📒 Bonds CFDs
0	8
📓 Options
0	0
📓 Options CFDs
15	0
📗 Futures
0	0
📗 Futures CFDs
0	45
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	1 ETF
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC)	Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)	Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
📉 Minimum Bonds Trade Size
Unavailable	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls)	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
300	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 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
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$10 every 3 months of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	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)
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 70 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 60 Pips
📉 TSLA (Stock CFD)
Dynamic - From $5.2	Dynamic - From $13
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips	Unavailable
📉 BTC
Dynamic - From $136	Dynamic - From $226.4
Research and Analysis
⭐ Watchlists
No	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No