Are you confused about whether to choose Plus500 vs Revolut Trading as a broker for your investing needs?
In this side-by-side comparison, we analyse Plus500 vs Revolut Trading to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
Plus500 vs Revolut Trading: In a Nutshell
Commission-free CFDs trading and low spreads
Plus500 is an online broker offering a wide range of financial products, including real shares and CFDs on forex, indices, shares, commodities, options, ETFs, and cryptocurrencies.
There are two distinct account types: Plus500 CFD, which only focuses on CFD products; Plus500 Invest, where you can trade stocks (real shares).
The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and easy access from multiple devices.
European beginner investors looking for quick exposure to US stocks
Revolut was created to disrupt the banking industry by reducing and removing fees associated with the traditional banking system.
It also offers other financial services, namely the possibility of buying US stocks, cryptocurrencies, and precious metals (Gold and Silver).
The quick access to investment products, combined with low commissions, remains the most engaging differential that enables Revolut to stand out from its competitors.
Pros and Cons
Plus500
Pros
- Easy-to-use and responsive platform
- Low spreads
- No dealing commissions
- Demo Account
- Top-tier regulators
Cons
- No ETF offering
- Inactivity fee ($10 per month after no login activity in 3 months)
- High overnight funding fees
- Very little research and education provided
Revolut Trading
Pros
- Simple trading platform
- Easy account opening process
- At least, one free trade per month
- Low trading commissions
- No inactivity fee
Cons
- Low product offering (ETFs and other financial products are missing)
- Investments not covered by the Financial Services Compensation Scheme
- Annual custody fee of 0.12%
Plus500 vs Revolut Trading: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
