Comparison Plus500 vs TD Ameritrade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Plus500 vs TD Ameritrade. Which of them: Plus500 or TD Ameritrade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Plus500 has a commission fee of from 0.45%, and TD Ameritrade has a commission fee of $6.95. Let’s analyze the commission fees on trading options. Plus500 has a commission fee of from 2 pips, TD Ameritrade has a commission fee of $6.95 + $0.75. Now, let’s compare commission fees in Forex, the commission fee of Plus500 is from 0.6 pips, and the commission fee of TD Ameritrade is $0.10 per 1,000 units. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading, and TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. Concerning the platforms, Plus500 uses Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Plus500 was established in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. And TD Ameritrade was established in 1975 in United States, and it is regulated by SEC, FINRA. Withdrawal of funds from Plus500 can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of £0. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The withdrawal time for Plus500 is 1-2 working days, and that one for TD Ameritrade is one Business Day.
As a result, the rating of Plus500 is 4 stars versus that of TD Ameritrade of 4.5 stars.