Passfolio
Plus500
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Beginners and long-term investors focusing on the US stock market
Recommended for Experienced traders looking for an easy-to-use platform and a great user experience
USA
Israel
Fees
Free stock and ETF trading, average non-trading fees
Average trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
16
Deposit type
Withdrawal type
Account opening
$0
$100
1 day
1 day
Proof of identity: national ID / passport / driver's license / residence permit
Proof of identity: ID / passport / driving license, passport, residence permit Proof of residency: bank statement / utility bill / toll taxes letter / salary slip / address card
Trading platform
Markets and products
Disclaimer: 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Poor
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
£85,000 in the UK, €20,000 in other EU countries, no protection for residents of all other countries
2018
2008
USA
UK, Cyprus, Australia, New Zealand, Singapore, South Africa, Israel, Seychelles
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Passfolio's service is on par with Plus500's and a comparison of their fees shows that Passfolio's fees are similar to Plus500's.
Account opening takes about the same effort at Passfolio compared to Plus500, deposit and withdrawal processes are more complicated at Passfolio, while customer service quality is similar to Plus500's.
Our experts rated the trading platform of Passfolio as somewhat worse than the platform of Plus500, found that clients have access to less markets and products with Passfolio, while Plus500 provides somewhat better research and education.