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
4.4
overall pros
  • Commission-free stock and ETF trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Easy-to-use platform
  • Low trading fees
  • Listed on the London Stock Exchange
overall cons
  • High non-trading fees
  • Not user-friendly withdrawal
  • Limited product portfolio
  • Limited product portfolio, only CFDs & forex
  • Minimal research tools
  • Mid-range educational section
fees
4.1
  • Low trading fees
  • Low stock and ETF fees
  • Commission-free stock trading
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
3.6
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
4.9
  • Fully digital
  • Low minimum deposit
  • User-friendly
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
0.8
  • No deposit fee
  • Credit/Debit card not available
  • Withdrawal is way overcomplicated
5.0
  • Credit/Debit card available
  • No deposit fee
  • Five withdrawals per month free
web trading platform
1.5
  • Clear fee report
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • Poor search function
  • Design is very outdated
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
2.8
  • Clear fee report
  • Good variety of order types
  • Good search function
  • Limited customizability (for charts, workspace)
  • No two-step (safer) login
  • No price alerts
markets and products
2.1
  • Stock
  • ETF
  • Options
1.9
  • Forex
  • CFD
  • Crypto
research
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • Not user-friendly
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
3.9
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
5.0
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No phone support
education
3.0
  • Demo account
  • Trading platform tutorial
  • Hard to navigate
  • Poor production quality
  • Not updated for a long time
1.5
  • Demo account
  • No trading platform tutorial videos
  • Only few and basic educational videos
  • Majority of clients belong to a 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
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
recommended for Stock and options traders looking for low trading fees and focusing on the US market Experienced traders looking for an easy-to-use platform and a great user experience
×