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Compare ChoiceTrade vs Plus500


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against Plus500!

ChoiceTrade vs Plus500
overall rating
4.1 / 5.0
4.4 / 5.0
overall pros
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Easy to use platform
  • Low spreads
  • Listed on AIM section of the London Stock Exchange
overall cons
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
  • Limited product portfolio, only CFDs
  • High financing rates
  • Minimal research tools
fees
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
4 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
  • High financing rate
  • Financing rate calculation is non-transparent
account opening
5 stars
  • Fully digital account opening
  • User-friendly
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
deposit and withdrawal
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
5 stars
  • Credit/Debit card deposit and withdrawal
  • No deposit fee
  • User-friendly
  • Five withdrawal per month is free
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
4 stars
  • User-friendly
  • Two-step (safe) login
  • Good search function
  • Available in several languages
  • Limited customizability (for charts, workspace)
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
5 stars
  • User-friendly
  • Two-step (safe) login
  • Good search function
desktop trading platform
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
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markets and products
1 stars
  • Stock
  • ETF
  • Options
2 stars
  • Forex
  • CFD
  • Crypto
research
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
1 stars
  • Good interactive chart
  • No analyst recommendations for stocks, bonds, etc.
  • No fundamental data available
  • No/Poor quality news flow
customer service
4 stars
  • Phone support
  • Relevant answers
  • No live chat
5 stars
  • Live chat
  • Fast response time
  • Relevant answers
  • 24/7 availability
  • No phone support
education
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
2 stars
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • Listed on stock exchange
  • Financial information is publicly available
recommended for Stock and options traders aiming for low trading fees and focusing on the US market Experienced traders looking for an easy-to-use platform, with great user experience.