Top Sp 500 Brokers for 2020

We found 10 online brokers that are appropriate for Trading Sp 500.

Best Sp 500 Brokers Guide

SP 500 brokers

Sometimes addressed as Standard & Poor's 500, the SP 500 or S&P 500 is the most heard term in the stock market.

The S&P 500 is a list of the top 500 companies in the USA and is used to judge the health of the stock market in America.

The stock market index SP 500 holds a great value for traders and it is tracked by the founding financial services firm. Other similar stock market indices include Dow Jones, US 500 and FTSE 100.

S&P 500 brokers are brokerages who help traders trade in either the whole S&P 500 index as a whole or the individual companies within the S&P 500.

SP 500 indices composite some selected stocks which are deemed as representative of an industry or the financial market.

These selected stocks are used by traders as indications to the rise or fall and health of the financial market in the US.

It is important to note here that different stock market indexes differ in methodology and stocks. There's no standardization to it.

SP 500 Brokers and Tracking the Companies

SP 500 is used by traders and brokers to understand the health of the markets.

The S&P tracks some common stocks based on company performance and other selection criteria. Below are the parameters considered:

Trading S&P With SP 500 Brokers

To trade the S&P 500, brokers can guide you exactly how to proceed as it cannot be traded directly. Many reputable regulated brokerages can offer trading the S&P 500 with different trading types including using CFDs, which is a popular trading instrument.

There are advantages to trade with CFDs as SP 500 brokers do not charge fees or commission and allows traders to take advantage of leverage. Trading with CFDs your financial exposure is larger than your deposited amount.

CFD trading allows you to profit on both the rise and fall of the S&P 500 index. Be aware that will CFDs you may lose more than your deposited amount.

As nothing in actual is owned in CFD, no stamp duty tax is attached.

SP 500 brokers also help to trade S&P 500 through index funds, which in fact mirrors certain selective stocks in each fund.

The index funds are considered as attractive investment opportunities with modest returns and safer risk.

As in the long term these beats smaller and actively managed funds, the SP 500 brokers will always suggest traders to pay attention to such offerings.

S&P 500 Brokers

If you are interested in stock market index investment, the S&P 500 is one of the most mature indexes to get into.

Wondering how to invest the S&P 500? You’ll find out the answers below.

The S&P 500 and how it works

The S&P 500 is one of the worlds largest and influential stock market indexes.

The S&P 500 tracks 500 of the largest US companies stock prices.

As the name suggests, the index will consistently track the stocks of the companies to report the performances of them.

Just like other stock markets, there will be risks and returns from the biggest companies that are included in the stock. Because the S&P 500 shows significant health of the overall market, investors use S&P 500 as the benchmark.

Other investments are compared with the S&P 500 before taking the appropriate actions. The S&P 500

How the S&P Works

S&P 500 focus on tracking capitalization of the most important five hundred companies in the US. The market cap is the total value of the stock.

The stock price which issues the number of shares will be the calculation. The index is measured by a market capitalization that is float adjusted. It will only weigh the shares which are available to the public.

It does not include the calculations for the control groups, government agencies, and other companies.

The committee includes the company in the S&P 500 based on these main variables: size, industry, as well as the company’s liquidity.

It is one of the most frequent reviewed stocks in the US. the committee will review the index every quarter of the year.

To participate in the index, the company must be operating on US soil its market cap should be a minimum of $8 billion.

Around 50% of the company’s stock should be available for the public. Stock price per share should be a minimum of $1.

Last but not least, the stock must be listed on the Nasdaq, Investors Exchange, New York Stock Exchange. Here are the top largest companies included in S&P 500 weighted market cap:

Comparing the S&P 500 with other indexes

When you weigh the advantages of the S&P 500, it is obvious to compare it with other stock market indexes.

When the S&P 500 is compared with the Nasdaq, we can see from different points of views. Currently the NASDAQ has more technology stocks than the S&P 500.

There were around 50% of Nasdaq allocations in the IT niche. Meanwhile, the S&P 500 only held 24.4%. The data was pulled out from June, 2019. Although there are huge differences between the S&P 500 and other stock market indexes, these stock indexes are moving together.

Of course, it will be a great opportunity for the investors who focus on one stock market index. You don’t need to follow more than one stock market index to make profits.

S&P 500 The S&P 500 is a major stock market index which tracks the performance of largest companies in the NYSE and Nasdaq, and other authorized US exchanges.

The S&P 500 is updated daily and a real time indicator of the status of the US equity market. That explains why the world turns their eyes to the S & P 500 everytime there is a huge event in the US.

In terms of market cap, it does not necessarily include all of the top 500 companies. It is because there are a number of criterions should be met. Market cap is not the only variable that makes the corporates deserve to get included.

The S&P 500 companies

S&P 500 lists 500 large cap companies who are operating mainly in the US soil.

I am sure that you are familiar with some names such as Google, Apple, Microsoft, Amazon, as well as Facebook. the composition is not fixed because the committee has set certain criterions.

So, the market cap is not the only term to meet by the corporates.

Here are the criteria:

The reviews are done at any time by the committee. That means you will see the updates of the index more often than you’d expect.

The event of review will usually be announced a few days in advance.

The calculation of the S&P 500 When it comes to the calculation of S&P 500, we can clearly see the “market capitalization weighting” method.

The key to the calculation here is the total value of the shares from each company. That means the companies with larger numbers of expensive shares will have bigger weightings than the companies with cheaper shares.

This takes place in real time. So, the updates are more often than other stock market indexes.

Factors which affect S&P 500

The value of the companies will be the real time factor of the S&P 500 price.

But it is important to understand that the value of the companies can be affected by some of the factors below:

Central bank policies

The policies affect the borrowing, spending, and investment by the businesses and consumers.

Economic performance

The stocks will rise if there are increasing spending capabilities

Currency valuations

Strong US dollar gives companies power to enforce the imports. Weak US dollar will make the exports more challenging

Commodity prices

Stocks prices can heavily influence the commodity prices. There are tons of them. Some of the most popular commodities are corn, soybean, wheat, gold, etc.

S&P 500 Brokers Verdict

Small traders or who wants to trade with smaller account sizse and use leverage should investigate CFD trading the S&P 500.

However, do understand that as leverage amplifies profits it can also amplify losses. Take advantage of the many educational resources offered by S&P 500 brokers before trading.

We've collected thousands of datapoints and written a guide to help you find the best Sp 500 Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best sp 500 brokers below. You can go straight to the broker list here.

Reputable Sp 500 Brokers Checklist

There are a number of important factors to consider when picking an online Sp 500 trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Sp 500 Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Sp 500 Brokers of 2020 compared

Here are the top Sp 500 Brokers.

Compare Sp 500 Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are sp 500 brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more sp 500 brokers that accept sp 500 clients

Broker eToro IC Markets Trading212 XTB Pepperstone Plus500 FXPrimus Roboforex EasyMarkets AvaTrade
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Min Deposit 200 200 1 No minimum deposit 200 100 100 1 100 250
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 60,000+ 14,000,000+ 250,000+ 10,000+ 15,500+ 10,000+ 10,000+ 142,500+ 200,000+
Benefits
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
icmarkets
Sign Up with
trading212
Sign Up with
xtb
Sign Up with
pepperstone
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
roboforex
Sign Up with
easymarkets
Sign Up with
avatrade
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 80.5% 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. Losses can exceed deposits Losses can exceed deposits Your capital is at risk 79% of retail investor accounts lose money when trading CFDs with this provider
Demo eToro
Demo
IC Markets
Demo
Trading 212
Demo
XTB
Demo
Pepperstone
Demo
Plus500
Demo
FXPrimus
Demo
Roboforex
Demo
easyMarkets
Demo
AvaTrade
Demo
Excluded Countries US, IR, KP, BE, CA, JP, SY, TR, IL, HK AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US US, IN, PK, BD, NG , ID, BE BR, KR, IR, IQ, SY, JP, US BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US BE, BR, KP, NZ, TR, US, CA, SG

All Sp 500 brokers in more detail

You can compare Sp 500 Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Sp 500 Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Sp 500 brokers below.

Sp 500 Brokers List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 80.5% 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. Plus500 offers CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)