Sign up

3+ best alternatives & competitors in 2024

Research the best alternatives to, compiled using a range of criteria, including cost, security, and user reviews.
Updated: Jun 27, 2023
Listen is one of the largest CFD brokers globally with more than half a million traders using its platform. 

Compare the cost of trading and the available range of financial markets to learn if you can trust, or whether it’s better to find the best alternative.

Quick take: best alternatives to 2024

  1. eToro: Best for beginners, copy-trading & demo-account
  2. Plus500: Best for international CFD trading*
  3. Public: Best for sharing beginner trading ideas

Top 10 alternatives & similar sites

1. eToro. Best for beginners, copy-trading & demo-account

0% commission



Minimum deposit


No. assets


Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets


We love eToro because it’s a trading platform built with beginners and casual traders in mind. eToro offers plenty of features that help guide you into the world of stock trading, whether that’s a risk-free demo account, the ability to copy other people’s trades, or regulatory licences from top-tier financial regulators in the US.

For a beginner, there’s no better place to start. The far-reaching catalog of more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential from the leading US stock markets. 

Armed with demo account worth $100,000 virtual dollars, credited to every new account, there are plenty of opportunities to try out a trading strategy that works for you. You can diversify your portfolio by size and category, and create passive income through dividends. If you’re on a tight budget, you can trade fractional shares, allowing you to invest in even the most expensive stocks for just $10. If you aren’t sure where to put your money, you can enlist your fellow traders to help.

eToro was one of the first platforms to make investing a truly social experience. Unique features like CopyTrader and CopyPortfolios allow you to join a community of more than 35 million other traders, follow the ones you like, and copy their stock or ETF portfolios directly to your own account. While some other services offer copy trading these days, eToro is the original and best.

When you do start trading for real, the fees are some of the most competitive in the business. Stocks and ETFs are completely commission free. There are no charges for using any of the social trading features, and a demo account is completely free as well.

All of this takes place on a trading interface that’s intuitive and simple to follow. With a few clicks, you can create an account and trade almost any asset you want. If you do encounter a problem, there’s an extensive help center and live chat support to solve the issue. Overall, this all combines to make the eToro app our most recommended platform for beginners.

Despite all the positives, there are still a few things to be wary of. Some of the spreads can be on the high side, relative to other platforms we’ve reviewed, while there’s no way to integrate your account with MT4, if that’s important to you. You can’t use eToro if you live in Nevada or New York State, and US citizens who live outside the US aren’t eligible for an account either.


Visit eToro eToro Review

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. is not an affiliate and may be compensated if you access certain products or services offered by the BD.

2. Plus500. Best for international CFD trading*

From 0.08%



Minimum deposit


No. assets


Demo/virtual account

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools
No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility


We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to CFDs on over 2000 stocks.

Plus500 has something for all types of stock trader, no matter what level of experience. Its zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting.

For accurate instrument availability, visit

The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% and varies depending on the instrument. Additional fees include overnight funding depending on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months. 

*Based on a comparison of 60+ leading brokers and trading platforms.


Visit Plus500 Plus500 Review

Buy or sell stock CFDs with Plus500. 82% 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.

3. Public. Best for sharing beginner trading ideas logo




Minimum deposit


No. assets


Demo/virtual account

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments
You can't trade on margin or use leverage No forex, options, funds, metals, or bonds


We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.

Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.


Visit Review
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

Compare similar apps to

We have assigned each alternative a rating to give you an idea of the overall service each trading platform provides. The score, alongside a snapshot of some important features, allow us to quickly summarise’s top competitors.

Capital.comeToroTrading 212City Index
Minimum deposit$20£10£1£100
Trading feesYesYesNoYes
Tradable assets3,000+3,000+12,000+5,000+
Supported assetsStocks, forex, commodities, indices, cryptocurrenciesCrypto, stocks,
forex, indices,
Stocks, forex
commodities, ETFs
Stocks, forex, commodities, indices, cryptocurrencies
Demo accountYesYesNoYes
Invezz rating4.
Visit site > Visit site > Visit site > Visit site >

How the best alternative was found

We found alternative stock brokers to by reviewing what most closely matched in terms of the business model, licensing & operations, cost of trading, target audience, and financial markets available.

We ranked each alternative on these factors while taking into account all available user-reviews across services like Trustpilot,, and Sitejabber, to find the services that offered similar apps to

Here are some more of the features we used to identify the best alternatives.

  • Best low fee alternatives. The main cost of using a stock broker comes from trading fees or commissions but there may be other fees as well. We considered the overall cost of using a different trading platform, including inactivity fees, spreads, and conversion fees.
  • Best alternatives for beginners. Beginner-friendly alternatives provide an intuitive app and trading experience that helps you make your first steps in trading. The most important feature it must offer is a free demo account, while features like copy or social trading can be useful as well.
  • Best competitors with similar products. We picked out trading platforms where the markets and number of assets available most closely resembled Good alternatives offer a large, varied range of financial products.
  • Most secure alternative. All the competitors we recommend are regulated by top tier financial regulators to protect you and your money. We also look for similar apps to that are transparent about their finances and how they store customer funds.
  • Best competitors with highest user reviews & customer ratings. Real life experience of using a trading platform is important. We identified the most popular platforms by comparing those with the best average ratings and most positive user reviews.

Best low fee alternatives to

You don’t want to switch trading platforms only to pay more for the service. Here’s how alternatives compare in terms of how they make their money:

Capital.comeToroTrading 212City Index
Trading feesYesYesNoYes
Inactivity feesNoYesNoNo
Rollover/overnight feesYesYes, on CFDsNoYes
Withdrawal feesNoYesNoNo
SpreadsYesYes, on certain assetsYesYes
Conversion feesNoYes, for non-USD currenciesNoYes

Best alternative for beginners is targeted towards beginners, so any competitor should provide a helpful experience to new users as well. Here is a comparison of beginner-friendly features available from’s competitors:

Capital.comeToroTrading 212City Index
Free demo accountYesYesYesYes
Video tutorialsYesYesNoYes
Copy tradingNoYesNoNo
Trading academyYesYesYesYes competitors with similar products

A alternative should allow you to invest into a similar range of stock assets and financial markets. That way, you can invest in the same products even if you switch brokers. Here’s how the competitors compare to

Capital.comeToroTrading 212City Index

Most secure alternative

Regulation is important because it offers you financial protection in the event that something happens to the broker, like a bankruptcy. Here are how the top alternatives fare against in terms of regulatory protection.

Capital.comeToroTrading 212City Index
Africa regulationFSAS
Asia regulationMAS
Australasia regulationASICASICASIC
North American regulationFinCEN, FINRA
South American regulation

Best competitors with highest user reviews & customer ratings

We gathered data from independent review platforms to show what the experience of using a alternative was like for other people. 

This information can be a useful tool to help you decide which trading platform to use, but remember that there are many reasons why someone might have a good or bad experience with a service – and not all of them are the platform’s fault.

HLeToroTrading 212City Index
Choose a alternative

Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.