Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
Plus500
Available in your country Plus500 accepts clients from the country this site is for.
CFD service. 82% of retail investor accounts lose money
Trading 212
Available in your country Trading 212 accepts clients from the country this site is for.
83% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders Plus500 and Trading 212 are best suited to, based on what each one actually offers in Nigeria.Plus500 is better than Trading 212 for high-volume traders and crypto traders, while Trading 212 is better for long-term investors and news traders. Professional traders, swing traders and CFD stock traders can choose either Plus500 or Trading 212.
| Overall score | Plus500 76 Best not offered | Trading 212 69 -7 72 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Plus500 and the ones that supervise Trading 212.Plus500 and Trading 212 are both regulated by top-tier authorities, Plus500 by CySEC, ASIC (Australia) and the FCA (United Kingdom) and Trading 212 by CySEC, FSC Bulgaria and the FCA (United Kingdom).
| Section score | Plus500 100 not offered | Trading 212 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | FSC (Bulgaria) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Plus500 and Trading 212 have in place to protect your money in Nigeria.Both Plus500 and Trading 212 offer segregated client funds and two-factor authentication. Trading 212 also offers an investor compensation scheme.
| Section score | Plus500 72 -7 not offered | Trading 212 79 Best 79 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2008 | 2004 |
| Parent company i | Plus500 Ltd. | Trading 212 Ltd |
| CEO i | David Zruia | Michael Byrne |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | |
| Brand power | ||
| Number of customers worldwide i | 30,000,000 | 4,500,000 |
| Annual revenue i | USD 768,300,000 | USD 299,000,000 |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with Plus500 and with Trading 212 in Nigeria, both on each trade and on holding the account.Plus500 is better than Trading 212 for CFD costs, given that Plus500 is cheaper on EUR/USD, at 8 USD per lot (against Trading 212's 13 USD), has tighter gold CFD spreads, at 0.75 points (against Trading 212's 0.89 points), and does not charge deposit fees, unlike Trading 212. Neither Plus500 nor Trading 212 charges account maintenance fees or withdrawal fees.
There is no like-for-like comparison for real stock costs, as Plus500 is a CFD broker and does not offer real stocks.
| Section score | Plus500 69 Best not offered | Trading 212 36 -33 80 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 8 | USD 13 |
| S&P 500 fees (CFD) i | 0.7 points | 0.42 points |
| Gold fees (CFD) i | 0.75 points | 0.89 points |
| Bitcoin fees (CFD) i | USD 118.34 | USD 70.17 |
| US stocks fees (CFD) i | Free | Free |
| Fees on stocks | ||
| Stock fee type i | Spread | |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 1.5 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Plus500 and with Trading 212 in Nigeria, and of how many instruments each one gives access to.Plus500 is better than Trading 212 for CFD markets, given that Plus500 offers CFDs on crypto, which Trading 212 does not. Both Plus500 and Trading 212 offer CFDs on commodities, forex, indices and stocks.
Trading 212 and Plus500 cannot be set side by side for real stock markets, as Plus500 is a CFD broker and does not offer real stocks, unlike Trading 212.
| Section score | Plus500 75 Best not offered | Trading 212 65 -10 30 |
|---|---|---|
| Total tradable symbols i | 2,800 | 10,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Plus500 and Trading 212 make available to their clients in Nigeria.Trading 212 is better than Plus500 for platforms, given that Trading 212 offers social trading, which Plus500 does not. Both Plus500 and Trading 212 offer a proprietary platform and one-click trading.
Trading 212 and Plus500 cannot be set side by side for platforms, as Plus500 is a CFD broker and does not offer real stocks, unlike Trading 212.
| Section score | Plus500 72 -9 not offered | Trading 212 81 Best 81 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Plus500 and Trading 212 in Nigeria, and of what each one lets you do from your phone.Plus500 is better than Trading 212 for mobile trading, since Plus500 offers mobile charting tools and mobile drawing tools, which Trading 212 does not. Plus500 and Trading 212 both offer a proprietary mobile app and mobile price alerts.
Trading 212 and Plus500 cannot be compared for mobile trading, because Trading 212 is a broker offering both CFDs and stocks while Plus500 is a CFD broker.
| Section score | Plus500 80 Best not offered | Trading 212 74 -6 74 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Plus500 and Trading 212 allow on their platforms in Nigeria.Trading 212 is better than Plus500 for CFD trading features, since Trading 212 allows for expert advisors and hedging. Plus500 and Trading 212 both offer negative balance protection and trailing stops.
Trading 212 and Plus500 cannot be set side by side for real stock trading features, as Plus500 is a CFD broker and does not offer real stocks, unlike Trading 212.
| Section score | Plus500 72 -4 not offered | Trading 212 76 Best 89 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 300:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 300:1 | 20:1 |
| Major indices leverage i | 150:1 | 20:1 |
| Minor indices leverage i | 150:1 | 10:1 |
| Gold leverage i | 250:1 | 20:1 |
| Commodities leverage i | 150:1 | 10:1 |
| Equities leverage i | 20:1 | 5:1 |
| Cryptocurrency leverage i | 5:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Plus500 and at Trading 212 in Nigeria, and of who each one is meant for.Plus500 is better than Trading 212 for CFD account types, since Plus500 offers an Islamic account and a swap-free account, which Trading 212 does not. Both Plus500 and Trading 212 offer a demo account and a professional traders account.
Plus500 does not offer real stocks, being a CFD broker, so Trading 212 and Plus500 cannot be compared for real stock account types.
| Section score | Plus500 51 Best not offered | Trading 212 38 -13 69 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Plus500 and with Trading 212 in Nigeria.Plus500 is better than Trading 212 for account opening, as Plus500 supports e-wallets, which Trading 212 does not, has no minimum withdrawal (against Trading 212's 1 USD), and pays out withdrawals faster, within 1 day (against Trading 212's 2 days). However, the minimum deposit is lower at Trading 212, at 1 USD (against Plus500's 100 USD).
Trading 212 and Plus500 cannot be compared for account opening, because Trading 212 is a broker offering both CFDs and stocks while Plus500 is a CFD broker.
| Section score | Plus500 72 Best not offered | Trading 212 65 -7 65 |
|---|---|---|
| Minimum deposit i | USD 100 | USD 1 |
| Minimum withdrawal i | USD 0 | USD 1 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, USD | EUR, GBP, USD |
| Deposit waiting time i | up to 1 business days | up to 1 business days |
| Withdrawal waiting time i | up to 1 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Plus500 and Trading 212 in Nigeria, in how it can be reached and how fast it answers.Plus500 and Trading 212 are close on customer care, as both offer live chat and email support. Plus500 goes a step further, as it offers customer support in 29 languages (against Trading 212's 11), and has a website in 29 languages (against Trading 212's 11).
There is no like-for-like comparison for customer care, as Plus500 is a CFD broker and does not offer real stocks.
| Section score | Plus500 58 not offered | Trading 212 58 58 |
|---|---|---|
| Number of languages supported i | 29 | 11 |
| Website languages i | Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, Bulgarian, Czech, Danish, German, English, Estonian, Finnish, French, Hebrew, Croatian, Hungarian, Icelandic, Latvian, Lithuanian, Maltese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Turkish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Plus500 and Trading 212 provide to their clients in Nigeria.Plus500 is better than Trading 212 for learning, given that Plus500 offers education for advanced traders, webinars and daily trading ideas, which Trading 212 does not. Both Plus500 and Trading 212 offer education for beginners and an education center.
Plus500 does not offer real stocks, being a CFD broker, so Trading 212 and Plus500 cannot be compared for learning.
| Section score | Plus500 75 Best not offered | Trading 212 43 -32 43 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Plus500 vs Trading 212: which one should you choose?
Plus500
CFD Choose Plus500, regulated by the FCA and ASIC, if you want a CFD and forex broker with a guaranteed stop loss, Islamic accounts and fast withdrawals.
Open Account CFD service. 82% of retail investor accounts lose money
Trading 212
CFD Choose Trading 212, regulated by the FCA and CySEC, if you want an online CFD broker with a small minimum deposit and a wide choice of markets.
Stocks Choose Trading 212, regulated by the FCA and CySEC, if you want a broker for securities investing with commission-free US stocks.
Open Account 83% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include Plus500 or Trading 212, each scored with the same data and method as this page.
