Home Brokers comparison Plus500 vs TD Ameritrade

Plus500 vs TD Ameritrade

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Plus500 and TD Ameritrade are leading brokerage firms with excellent trading experiences. Plus500 has a transparent funding process and fee structure. It has licenses from the MAS, FCA, and ASIC. We recommend it for experienced traders because it has limited learning and research tools. 

Broker NamePlus500TD Ameritrade
Year Founded20081975
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSASEC, CFTC, FINRA
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.Futures, Bond, Fund, Forex, Stock, ETF, Options
Min Deposit$100$0
Min Trade$0Low
PlatformsWeb, MobileiOS and Android
DepositFree of chargeFree for US residents, wire transfer for non US
WithdrawalsFree of chargeFree for US residents, wire transfer for non US

TD Ameritrade is the leading US-based stockbroker with a straightforward trading platform. It offers competitive fees, and it has a presence on a stock exchange. We recommend it for traders of all levels of experience, as it provides useful learning resources and professional tools. 

Both brokerage firms have strengths and weaknesses. This article discusses the differences between Plus500 and TD Ameritrade. 

Top findings from the Plus500 vs. TD Ameritrade review: 

  1. Plus500 is a professional and safe broker with transparent fees. 
  1. TD Ameritrade has top-tier licenses and impressive learning tools. 
  1. Both online brokers offer a virtual trading account to test their offering. 

Plus500 is a good choice for experienced traders as it has limited research and educational materials. We recommend TD Ameritrade for investors of all levels of experience. 

Overall Rating

FeaturePlus500 TD Ameritrade
Overall44.5
Commissions & Fees43.5
Offering of Investments44.5
Platforms & Tools44.5
Mobile Trading44.5
Research34.5
Education34
Trust Score9898
WinnerYES

Level of experience  

Beginner traders choose TD Ameritrade instead of Plus500. TD Ameritrade offers educational materials, Paper Trading, and many other reliable learning tools. This broker has beginner-friendly platforms and premium trading tools for traders of all levels of experience. TD Ameritrade is only available to traders based in the USA. 

Plus500 doesn’t offer educational materials. It is an excellent choice for experienced traders, as it has premium platforms. It offers some trading tools, including an economic calendar. Plus500 is a good choice for professional traders. This broker is available to traders throughout the world. 

Fees 

Plus500 has an initial deposit of €100, while TD Ameritrade doesn’t charge a fee for creating new accounts and it has an active trader discount. Both brokerage firms follow a transparent fee policy. 

Assets  

Both online brokers offer access to popular forex pairs, including GBP/USD, EUR/USD, and USD/CAD. Plus500 has 50 currency pairs, while TD Ameritrade offers 73 currency pairs. Plus500 has 2033 CFDs, and TD Ameritrade doesn’t offer any. 

Trading platform  

Plus500 offers a proprietary platform, a web platform, and a desktop platform. It has limited research and educational tools. Plus500 has a professional mobile app with standard alerts and watch lists. Its platforms are difficult to learn for beginner traders. 

TD Ameritrade offers an impressive trading experience because of its trading platforms focused on learning tools. It has professional trading tools available on every platform. TD Ameritrade offers a better experience with superior market data and trading ideas. It is a good choice for both beginner and professional traders. 

Banking services  

Banking services are an asset for traders of all levels of experience. Plus500 is present on London’s stock exchange. It offers many funding options, including Skrill, PayPal, bank transfers, and credit/debit. 

TD Ameritrade has a banking history and a presence on the Nasdaq stock exchange. It offers its clients debit/credit and checking accounts. 

Final verdict  

Plus500 and TD Ameritrade are leading online brokers. Both have advantages and disadvantages depending on your needs and trading experience. We recommend Plus500 for professionals as it has premium platforms and tools. TD Ameritrade is a better choice for US-based beginners, as it has impressive learning and research tools. 

Plus500 compared to other brokers:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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