Plus500 Rated 4/5

Plus500 Guide - Read our In Depth 2024 Plus500 Review

Plus500 are a regulated Israel based online trading platform available in more than 60 countries in 32 languages. Specialising in leveraged CFD trades. If you are looking to trade cryptocurrencies, stocks and shares, commodities, Forex, ETFs and Indices using CFDs. Plus500 is a multi-asset broker where you can trade CFDs, Shares and Futures (availability subject to regulation). Plus500 offer competitive spreads with no commissions on their mobile and desktop trading platforms. Plus500 offer Advanced risk management tools.

This detailed Plus500 review has been researched and fact checked by industry experts with over 30 years of financial experience in CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest . Plus500 is now expanding and offers a Futures trading platform available in the US only.

Learn more about Plus500.

Benefits of Trading with Plus500

Plus500 Review 2024 Quick Summary
๐Ÿ’ฐ Spreads 0 Commissions & tight spreads
โ˜Ž๏ธ Support 24/7 online support
๐Ÿ’ฐ CFDs Trade +2800 CFDs instruments on Shares, Indices, Forex, Cryptos (availability subject to regulation), ETFs and Commodities.
๐Ÿ’ฌ Livechat Offers livechat and WhatsApp
๐ŸŒ Languages Platform available in 30+ languages and on all devices
๐Ÿ“บ Demo Accounts Unlimited free demo account
๐Ÿ’ฐ Min Deposit 100
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 24,000,000 Plus500 users and traders
๐Ÿ“† Founded 2008
๐Ÿข Plus500 Offices Offices all over the world including the United Kingdom, Australia, Singapore, Estonia, Cyprus and the UAE
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA
๐Ÿšซ Excluded Countries Plus500 is not available in the following countries : MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO

Open Plus500's Website

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.

Learn more about Plus500.
learn more Learn more about 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.

What is Plus500?

Plus500 are a worldwide financial trading platform and broker. founded in 2008

Over 15 years later Plus500 now serves over 24,000,000 retail investors CFDs trading, CFD Shares trading, CFD Indices trading, CFD Forex trading, CFD Commodities trading, CFD ETFs trading, CFD Options trading, CFD Futures trading, and Real shares via Plus500Invest trading.

Plus500 expands and currently offers three platforms: Plus500CFD with more than 2800 CFD instruments, Plus500Invest with more than 2700 shares (available in certain countries), and a futures platform available in the US only.

Plus500 are a global broker. Plus500 have a head office in Israel.

Plus500 have a listed stock symbol. This means that Plus500 have publically listed and you can officially buy/sell shares in Plus500 on one of the worlds global stock market exchanges.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Plus500 review and assess how well the Plus500 platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Plus500. Plus500 offers a trading academy that explains the essence of trading with Plus500 through an e-book, videos and a wide FAQ section Choosing or shortlisting a trading platform like Plus500 can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Plus500.

As a result, selecting the right trading platform like Plus500 requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Plus500 available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Plus500 requires thorough due diligence and careful consideration. Plus500 is suitable for experienced traders only. Novice traders can take advantage of a Plus500 free and unlimited demo account to familiarize themselves with the platform. Some Plus500 trading features can be complex when trading on mobile or using the Plus500 online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Plus500 trading tools properly. In our review of Plus500 we explain the pros and cons. What Plus500 offer, countries Plus500 are available in. Who Plus500 are regulated by and more.

Plus500 Review Screenshot

When it comes to online trading with brokers like Plus500, carefully review Plus500 as your broker can make or break your success. Choosing the right broker is essential to ensure your Plus500 investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Plus500 review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Plus500. You must also ensure the Plus500 broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Plus500 needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Plus500 into easily digestible information in this Plus500 review. We want to ensure you have all the knowledge necessary to use the Plus500 trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Plus500 are the key to successful trading, so we've provided this detailed Plus500 review. So, take a seat, grab a cup of coffee, and dive in to learn about Plus500 and how it can benefit you or if Plus500 is not for you.

Plus500 offer a free & unlimited demo account

Online investing with Plus500 can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Plus500, evaluating the Plus500 platform is important. Evaluation includes researching the Plus500 management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Plus500. That's why it's essential to understand the Plus500 company policies and practices before making any investment decisions. By doing your due diligence and understanding Plus500 platform, you can make informed investment choices that align with your financial goals. So take the time to research Plus500 thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Plus500 review you need to determine if Plus500 is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Plus500, so you can make a more informed decision and compare other brokers against Plus500.

If you want to look at some Plus500 alternatives that might better fit your needs, we list and compare some of the best Plus500 alternatives further down this Plus500 review.

Trading online with Plus500 requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the Plus500 trading tools and features. You must know what you are doing when trading with Plus500. That's why we've compiled this detailed Plus500 review with some important information that will hopefully make you more informed when online trading with Plus500.

Plus500 Review Table of Contents

Plus500 review
Plus500 is a Multi-Assets Trading Platform with over 2800+ Assets

Learn more about Plus500. Plus500 is a multi asset platform with 2800+ tradable Assets. Plus500 expands and currently offers three platforms: Plus500CFD with more than 2800 CFD instruments, Plus500Invest with more than 2700 shares (available in certain countries), and a futures platform available in the US only.

Plus500 trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest are considered financial assets.

Features of Plus500

  • Virtual Portfolio, or what is commonly known as a Demo Account
  • StopLoss
  • Trailing Stops
  • TakeProfit Orders
  • Plus500 offers Advanced Financial Chart comparison tools
  • Plus500 offers news and market insights. The Plus500 newsfeed includes the latest market news. Plus500 has launched an amazing feature for desktop and mobile, allowing users to learn more about market trends based on the company's unique internal data.
  • +Insights, Instrument +Insights Tab and +Me - an amazing feature for desktop and mobile, allowing users to learn more about market trends based on the company's unique internal data.
  • Real-time Trading Alerts, unique to Plus500.
  • Watchlists - Users are able to manage multiple favorite lists.
  • Free rollover adjustment - Allows users to continue holding the same position on Commodities and Indices CFDs after the future contract reaches its expiry date.
  • The Plus500 platform is available to use on multiple devices including iOS devices like iPhones and iPads, Android devices and online through a Web Browser. Plus500 Webtrader is accessible from any device with an internet connection without the need for downloading. It can be used on a Windows computer, on an Apple Mac, or on mobile phones with Google's Android operating system or an iPhone with iOS.
  • Plus500 offers a trading platform with tools for both New Traders and Seasoned Experts
  • Plus500 users benefit from using the Plus500 platform in over 30 different languages

Plus500 review
What you should know

Plus500 offer three ways to trade: CFD trading platform, shares trading platform, futures trading platform.. The assets and products available to you on the Plus500 trading platform depends on the region of the world, you are in and the Plus500 entity you have an account.

With Plus500 you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Plus500 platform.

Plus500 is suitable for experienced traders only. Though Plus500 is a feature rich platform, CFDs are 'complex financial products', thus the platform is not suitable for beginners or inexperienced traders.

Are Plus500 reputable?

When considering Plus500 for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Plus500, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2008, and in operation for 15 years Plus500 have a head office in Israel.

Plus500 is regulated. This means Plus500 are supervised by and is checked for conduct by the 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA regulatory bodies.

You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.

Plus500 withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Plus500 are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Plus500 are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Plus500 and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Plus500 has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Plus500 will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Plus500, you can enjoy peace of mind and focus on your trading activities. If Plus500 violate any regulatory rules their regulated status could be stripped.

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.

Is my money segregated with Plus500?

All payments made to Plus500 by traders are securely held in a segregated bank account.

Depositing funds with Plus500 ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Plus500 were to go out of business unexpectedly.

Please be aware that trading in financial assets with Plus500 carries a risk of loss. Plus500 trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Plus500 emphasizes this risk on its platform and provides clear risk warnings - 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. After answering some important questions about Plus500, let's closely examine its features.

To better understand the Plus500 trading platform, you can create two separate accounts - one with real money and the other a Plus500 demo account. A Plus500 demo account provides a risk-free environment for experimenting with the Plus500 platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Plus500 trading decisions.

Open a demo account Visit 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.

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Plus500 as a Company Compare Against Other Brokers

Broker Plus500 IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office Israel Australia Belize Cyprus, UK
Regulation 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 24,000,000+ Plus500 users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss Yes No No No
Learn More Visit Plus500 Visit IC Markets Visit Roboforex Visit eToro
Risk Warning 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. Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 review
Plus500 Pros and Cons

What we like about Plus500

  • Used by over 24,000,000 Plus500 users and traders
  • Established in 2008
  • Fast and reliable order execution.
  • 24/7 Customer support.
  • Tight spreads.
  • 110 technical indicators and 13 charts, allowing to use multiple simultaneously.
  • 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA
  • Min. deposit from $100

What we don't like about Plus500

Plus500 review
Plus500 Regulation and Licensing in more detail

Plus500 is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Plus500 going into insolvency. Plus500 compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Plus500 to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Plus500 traders.

  • 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
  • Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA
  • Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1)
  • PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority)
  • Plus500 adheres to MiFID rules
  • Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18)
  • Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA

Plus500 is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Plus500 you should be sure they're legitimate online agent.

Is Plus500 Global?

Yes, Plus500 is global as Plus500 is available in over 60 countries.

Plus500 is a global trading platform in the sense that it operates in 60 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Plus500 covers include the UK, Germany, South Africa, Thailand, the United States and Australia. Plus500 has a total of more than 24,000,000 users. Commendable figures from Plus500.

Plus500 review
Plus500 Awards

Plus500 have won numerious industry awards over the 15 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Plus500 below.

  • Plus500 is one of the highest rated CFD trading apps on Apple's AppStore and Google Play
  • App Ratings (16.03.2023) App Store 4.2 - Google Play 3.7
  • Day Trading Best Trading App Award 2019 Winner
  • Day Trading Best Overall Broker 2019 Winner
  • FXEmpire Best broker 2018 Winner
  • Ask Traders Best Forex Broker 2019 Winner
  • ADVFN International Financial Awards Best CFD Provider 2017 Winner

Plus500 review
Plus500 Fees Explained

  • Plus500 doesn't charge withdrawal fees.
  • Plus500 does charge a fee for inactive accounts.
  • Plus500 doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Plus500 are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Plus500 Costs To Check

Modern brokers like Plus500 provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Plus500 may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Plus500 trading profitability.

How Plus500 Fees Compare Against Other Brokers

Broker Plus500 IC Markets Roboforex eToro
Min Deposit 100 200 10 50
Withdrawal Fees No No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

Plus500 Minimum Deposit

Plus500 requires a minimum deposit of 100 GBP/USD/EUR when opening an Plus500 trading account.

A minimum deposit is the minimum amount of money required by Plus500 to open a new online brokerage account with them.

Don't be scared off by brokers like Plus500 charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Plus500, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Plus500 Withdrawal Fees

Plus500 doesn't charge withdrawal fees.

Plus500 Withdrawal rules may vary across different brokers when it comes to transferring funds from your Plus500 or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Plus500 may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Plus500 withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Plus500. Researching and comparing Plus500 withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Plus500 funds frequently or dealing with large sums of money. Awareness of these Plus500 fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Plus500 funds.

Please note that Plus500 offers multiple payment methods including Mastercard and Visa debit/credit cards, wire transfer, PayPal, Skrill, Apple Pay, Trustly and some local methods which are available only to specific regions like iDeal, BPay, Klarna, GiroPay, POLi and more. Traders could check their Plus500 accounts for the local methods provided in your area.

Plus500 Inactivity Fees

Plus500 does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Plus500 terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Plus500 fees and services. It's recommended that you check the Plus500 website before signing up. If you decide to close your Plus500 account, it's important to do so with the Plus500 broker customer support and obtain confirmation that no remaining Plus500 fees are due.

Brokers like Plus500 must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

If you don't log in to your Plus500 trading account for at least three months, you may be charged an inactivity fee of up to USD 10 per month. Plus500 inactivy fees will be charged monthly, if no login activity on your Plus500 account has been logged. Plus500's inactivity fee is calculated based on the lesser amount between the remaining available balance in your account and USD 10 (or its equivalent in your currency).

This fee is meant to cover the cost incurred in providing Plus500's services, even if they are not used. However, please note that the inactivity fee only applies to Plus500 Real Money accounts with sufficient available funds. To avoid this fee, it's recommended to log into your account from time to time. Logging in regularly to your Plu500 account will be considered sufficient activity to prevent any charges.

Plus500 Deposit Fees

Plus500 does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Plus500 Commission Fees

Plus500 does not charge commission on CFD instruments.

Brokerage firms like Plus500 may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Plus500 trading account level held by the trader.

Plus500 may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Plus500 terms and conditions to understand the commission fees and any other charges that may apply is essential.

Plus500 review
What can you trade with Plus500?

It's essential to note that the trading instruments offered under the Plus500 brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Plus500 trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Plus500 over 2800 instruments in fact.

Plus500CFD offers more than 2800 CFD instruments, Plus500Invest with more than 2700 shares (available in certain countries) as well as a variety of Futures (agricultural, energy, metals, etc) available only to US residents.

If you want to trade currency pairs on global Forex markets, Plus500 offer over 65 currency pairs as CFDs. A full list of the available categories can be on the Plus500 CFD platform website which include : Shares, Indices, Forex, ETFs, Commodities, Cryptocurrencies, Options. Some of them exclusive to the Plus500 platform like Exchange traded options (listed options) and the AI Index, ESG and Impact Indices.

Plus500 Compared To Other Brokers

Compare Plus500 with IC Markets and Roboforex below.

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.

How Plus500 Trading Options Compare Against Other Brokers

Broker Plus500 IC Markets Roboforex eToro
Instruments Available 2800 2250 100 5000
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 65 (CFDs only) 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes (CFDs only) Yes No Yes
Commodity CFDs        
Commodities Offered 17 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 1600+ 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit 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.
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 review
Trading on Plus500 web platforms and other applications

Plus500 provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

Plus500 also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Plus500's platforms

Is the Plus500 Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Plus500 trading platform to protect you on PC and mobile Plus500 platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Plus500 web trading platforms.

Plus500 Trading Platform Options

Plus500 does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Plus500 offers its custom trading platform developed and tested in-house. The Plus500 trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Plus500 platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Plus500, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Plus500 platform, including news and quotes. Discover possible trades with the strong charting tools found with Plus500. Plus500 is available as downloadable applications or online through the cloud. Monitor your orders with Plus500 and receive breaking news in your positions.

Plus500 Trading benefits

  • Plus500 24/7 online support
  • Plus500 Trade +2800 CFDs instruments on Shares, Indices, Forex, Cryptos (availability subject to regulation), ETFs and Commodities.
  • Plus500 30+ languages
  • Plus500 All devices
  • Plus500 0 commissions and tight spreads
  • Plus500 Low min deposit
  • Plus500 Guaranteed stop loss

Plus500 Trading Accounts Offered

Below we give an overview of the account types that Plus500 offer. Whatever you are looking to trade, the varying Plus500 account types will be able to provide you with what you need.

  • Plus500 Demo account
  • Plus500 Standard account
  • Plus500 Islamic account
  • Plus500 Professional account
Plus500 also offers a Professional account for citizens of the EU, the UK and Australia. Traders have the possibility to trade with a higher leverage if they match 2 out of 3 criteria to prove their trading experience. You can learn more here.

Can I try Plus500?

Plus500 provides a demo account that enables individuals to explore trading before investing their funds. By creating a Plus500 practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Plus500 demo account can help individuals to make informed decisions before investing their money.

Open a demo Plus500 account to practice and trade.

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.

Plus500 withdrawal and funding methods

It's essential to remember that the payment methods provided by Plus500 vary based on the Plus500 entity and the Plus500 client's country of residence. To view the Plus500 payment options available, you can log into your Plus500 member's area.

Plus500 offers various funding payment methods listed in your Plus500 dashboard if available in your region. To learn more about the Plus500 funding and withdrawal options available in your area, you can explore the Plus500 website.

Plus500 provides several payment methods for funding your Plus500 account. You may utilize any of these deposit options if they are available in your region. Plus500 ensures that users have multiple payment methods to choose from, making it more convenient for verified Plus500 account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Plus500 user's location. learn more about Plus500 funding and withdrawal methods.

Plus500 Payment Methods

Plus500 offers the following payment methods: Mastercard and Visa debit/credit cards, wire transfer, PayPal, Skrill, Apple Pay, Trustly and some local methods which are available only to specific regions like iDeal, BPay, Klarna, GiroPay, POLi and more. Plus500 account holders should check for the local methods provided in your region, if any.
  • Plus500 accepts Credit cards
  • Plus500 accepts Debit Cards
  • Plus500 accepts VISA
  • Plus500 accepts MasterCard
  • Plus500 accepts Bank Transfer
  • Plus500 accepts Electronic wallets (eWallets)
  • Plus500 accepts PayPal
  • Plus500 accepts Skrill
  • Plus500 accepts Apple Pay
  • Plus500 accepts Trustly
  • Plus500 accepts iDeal
  • Plus500 accepts BPay
  • Plus500 accepts Klarna
  • Plus500 accepts GiroPay
  • Plus500 accepts POLi
Broker Plus500 IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Plus500 and other broker payment methods depend on the clients country of residence.

How can I start trading with Plus500?

To open a trading account with Plus500, individuals can sign up on the Plus500 website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Plus500 account validation and making a deposit. Once completed, Plus500 users can download the trading platform of their choice.

It's important to note that Plus500 requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Plus500 maintain a trustworthy financial environment for its 24,000,000 users. Detailed information on the Plus500 trading platforms is available on their website.

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.

Performing trades with Plus500

The trading platform, Plus500, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals.

Plus500, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Plus500 can be useful for traders starting or with limited capital.

Like other brokers, Plus500 margin requirements can differ depending on the traded instrument.

Plus500 offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about Plus500, and see all of the Plus500 account features on the official Plus500 website.

CFD Trading on Plus500

We will show you an example of the basics of using Plus500 leverage.

CFD trading on Plus500 allows traders to speculate on the price movements of various financial instruments against the broker Plus500, without actually owning real assets. With CFDs, Plus500 traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Plus500 provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Plus500 leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Plus500 trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Plus500 leverage magnifies both profits and losses in trading.

Trading CFD trades on the Plus500 platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Plus500 traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 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.

Limiting Your Risk When Trading with Plus500 Advanced Risk Management Tools

Negative Balance Protection is a regulatory requirement of Plus500. Plus500 Client losses can never be more than the funds available in their Plus500 account. A Plus500 client can never have a negative balance.

Limit Risk When Trading with Plus500 Stop Loss, Plus500 Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Plus500 . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Plus500 traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Plus500 trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Plus500 traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Plus500, you must actively monitor your live trading portfolio and financial exposure on Plus500.

Guaranteed stop order - a unique feature for the Plus500 platform that will force a position to close at a chosen rate (price) even if the market price surpasses it.

Education Resources at Plus500

Plus500 has launched a Trading Academy, which offers a variety of educational products, including eBooks, video traders guide, and FAQs to ease trading for both beginner and experienced traders.

To trade effectively with Plus500, it's important to have a good understanding of the Plus500 trading tools and the markets.

Plus500 , as said before provides e-book content and videos for users. Plus500 also offers weekly webinars that discuss market trends and technical analysis. The webinars host market analysts and experts courtesy of the Corellian Trading Academy.
Plus500 does not offer seminars.

Users cannot rely solely on Plus500 to learn to trade. It's essential to note that Plus500 is not authorized to provide investment advice, asset management services, or any trading recommendations. Plus500 users should conduct their research and make independent trading decisions. However, Plus500 does offer a free unlimited demo trading account, which users can use to practice trading without risking real money. The demo account provides a risk-free environment for users to test their trading strategies and get familiar with the platform's features. Plus500 does provide a useful demo account for users to gain trading experience. It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Plus500. Familiarizing yourself with the Plus500 trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Plus500. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Plus500 involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Plus500, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Plus500. Explore the Plus500 platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Plus500, before live trading.

Customer Support at Plus500

As part of our Plus500 review, we review customer service options, response times and problem resolution effectiveness on the Plus500 trading platform. The Plus500 trading platform supports multiple languages, which includes English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese.

Plus500 Available Support Types

Plus500 has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, WhatsApp and email support.

Plus500 customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with Plus500 has to be positive for you to effectively trade the financial markets on the Plus500 platform. Plus500 should answer all of your questions and your Plus500 platform issues are solved. When an Plus500 customer has any queries regarding Plus500, the Plus500 customer support team should take these issues seriously and offer a quick and effective solution. Plus500 has a great client support team, so we have rated their customer service highly.

Livechat Support at Plus500

We experienced fast and responsive support from Plus500

At Plus500, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from Plus500 should be a positive support experience for all Plus500 users, saving you from waiting days for an email response.

We also tested communicating with Plus500 support in various languages and countries. The Plus500 help centre quickly resolved our customer issues.

Email Support at Plus500

As part of our review process, we wanted to test the email support offered by Plus500. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows Plus500 has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by Plus500. If you're looking for a broker with reliable email support, Plus500 is worth considering.

Phone Support at Plus500

Plus500 does not offer Phone Support.

WhatsApp Support

Plus500 offers diverse customer support services to cater to its broad customer base. Their support team is available 24/7 via email, chat, and WhatsApp. It can assist customers in 16 different languages, making it easy for customers to reach out to them in their preferred language. Whether customers need help with their account, a trade, or navigating the platform, Plus500's multilingual support team is always available to provide professional and timely assistance. The extensive range of support services offered by Plus500 ensures customers can access help whenever needed.

See how Plus500 Support Compares Against Other Brokers

Broker Plus500 IC Markets Roboforex eToro
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
Languages English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Plus500 Visit IC Markets Visit Roboforex Visit eToro
Risk Warning 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. Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Plus500

As Plus500 is 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA.

As a new client of Plus500, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Plus500 in your region. During the Plus500 account opening process, you will be asked to provide Plus500 with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Plus500 have the following documents available.

  • Plus500 require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Plus500 compliance. This must be dated within the last six months.
  • If you plan to fund your Plus500 account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Plus500 platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Plus500 Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Plus500's platform.

However, remember that you won't be able to make trades on Plus500 until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Plus500 KYC compliance process as soon as possible to avoid any delays in accessing the Plus500 platform's features.

It is important to note that Plus500 may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Plus500 platform and features immediately. However, you must pass the verification process to start live trading with Plus500, which can take up to a few business days.

To start the process of opening an account with Plus500 you can visit the Plus500 trading platform here.
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.
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.plus500.co.uk/ on November 28, 2023.

Watch this Plus500 Explainer Video

Is Plus500 A Good Broker?

We have spent over 5 years examining Plus500 in depth. Although Plus500 are not perfect; we found many really useful aspects with the overall offering from Plus500. Our personal experience of trading with Plus500 was very good. Weighing up many points,Plus500 is a good broker.

  • Plus500 have a good track record of offering CFDs, CFD Shares, CFD Indices, CFD Forex, CFD Commodities, CFD ETFs, CFD Options, CFD Futures, Real shares via Plus500Invest .
  • Plus500 has a history of over 15 years.
  • Plus500 has a reasonable sized customer support of at least 10.
  • Plus500 are regulated by the 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA. Plus500 is subject to strict regulatory oversight from its respective jurisdiction, which holds Plus500 (the broker) accountable for misconduct. This regulatory framework helps ensure that Plus500 operates fairly and transparently and provides Plus500 customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Plus500.
  • Plus500 have regulation from reputable regulators.
  • One of the advantages of using Plus500 is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Plus500 are particularly important as Plus500 traders want to receive their money quickly. With the efficient Plus500 payment processing system, traders can enjoy faster access to their Plus500 funds.
  • Plus500 have an international presence in multiple countries.
  • Plus500 can hire people from various locations in the world who can better communicate in your local language.

More Plus500 Guides and Research

If you are researchingresearching Plus500, read through the below Plus500 related guides. You will find something useful.

Plus500 Risk Disclosure

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.

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Plus500 not quite right?

If after reading this Plus500 review, Plus500 does not fulfill your needs check out these Plus500 Alternatives.

Click here to view the best Plus500 Alternatives

We have spent years researching the best alternatives to Plus500. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Plus500 alternatives available today. If you are unsatisfied with Plus500 or want to explore other options, we recommend checking out our carefully curated list of highly-rated Plus500 alternatives. Follow the links below to learn more about these Plus500 broker alternatives and choose the one that best suits your trading needs.

Related Plus500 Vs Comparisons

Throughout our comprehensive Plus500 review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Plus500 against other popular brokers in the industry, check out our Plus500 Vs pages. Our team has compiled a series of detailed Plus500 comparison articles, pitting the Plus500 platform against some of the best-rated Plus500 competitors in the market. Dive into our informative Plus500 Vs pages below to find out how Plus500 stacks up against other leading brokers.

Plus500 review
PLUS500 Frequently Asked Questions

Read our detailed Plus500 FAQ Section updated for 2024.

Can I try Plus500?

Plus500 offer a demo account so you can try the Plus500 platform with virtual trading before you put down a payment. Virtual trading with Plus500 is zero risk. Learn more here

What funding methods do Plus500 accept?

Please note that the list of payment methods below depends on the Plus500 Entity and the client's Country of Residence.

Plus500 offer the following funding payment methods Credit cards, Debit Cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Apple Pay, Trustly, iDeal, BPay, Klarna, GiroPay, POLi, among other payment methods.
Learn more here

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.

Is Plus500 well known?

Plus500 have over 24,000,000 users. Plus500 are considered reliable as they are regulated by and checked for conduct by the 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA.

  • Australia's top CFD platform for mobile app usage (Investment Trends 2021)
  • Germany's leading CFD provider (Investment Trends 2022)
  • Top rated mobile app (Investment Trends 2022)
  • Best for user-friendly interface (Investment Trends 2022)
  • Spain's top CFD provider (Investment Trends 2022)
Trading with Plus500 is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Plus500 unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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.

Is Plus500 trading good?

Plus500 is considered good and reputable to trade with Plus500. Plus500 is used by over 24,000,000 traders and Plus500 users. Plus500 offers CFDs trading, CFD Shares trading, CFD Indices trading, CFD Forex trading, CFD Commodities trading, CFD ETFs trading, CFD Options trading, CFD Futures trading, and Real shares via Plus500Invest trading. Minimum deposit with Plus500 is 100.

Is Plus500 trading Legit?

Plus500 was founded in Israel in 2008. Plus500 has been facilitating trade on the financial markets for over 15 years. Plus500 offers clients CFDs trading, CFD Shares trading, CFD Indices trading, CFD Forex trading, CFD Commodities trading, CFD ETFs trading, CFD Options trading, CFD Futures trading, and Real shares via Plus500Invest trading. All funds deposited to Plus500 are held in segregated bank accounts for security. Plus500 is 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA so can be considered legit.

Is Plus500 a good broker?

Plus500 offers advanced trading tools, fast order execution, tight spreads and quick withdrawals using a range of popular 3rd party payment methods to its 28 million registered users worldwide. Plus500 allows CFDs trading, CFD Shares trading, CFD Indices trading, CFD Forex trading, CFD Commodities trading, CFD ETFs trading, CFD Options trading, CFD Futures trading, and Real shares via Plus500Invest trading. Plus500 is overseen by the top tier financial regulators 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA so can be considered a good broker.

Is Plus500 trustworthy broker?

Plus500 is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Plus500, money is in a segregated bank account that is separate from Plus500 company's funds. As a regulated broker, Plus500 cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Plus500. Instead, your Plus500 funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Plus500. Also Plus500 is regulated in its local jurisdictions including major financial regulators like 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA.

What is the minimum deposit for Plus500?

The minimum deposit to trade with Plus500 is 100.

How long do Plus500 withdrawals take?

The time frame for processing a withdrawal request from Plus500 is normally 1-3 business days to allow Plus500 to complete various security checks before initiating payment. The time frame for receipt of the payment depends upon the payment method and processing time of the third-party remitter.

Is Plus500 regulated?

Plus500 is regulated by the 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA. Regulatory bodies conduct regular reviews and audits as part of Plus500 maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Plus500 a market maker?

Plus500 is a market maker.

How can I start trading with Plus500?

When opening a trading account with Plus500, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Plus500 trading platforms, you can follow the link provided below: Learn more about signing up with the Plus500 trading platform here. This will provide useful information and insights into the various trading platforms offered by Plus500, enabling you to make an informed decision about which platform to choose for your trading needs.

How important is Plus500 strict financial regulation?

Overall, strict financial regulation is essential for ensuring that trading platforms like Plus500 operate fairly, transparently, and responsibly, which ultimately benefits all Plus500 stakeholders involved.

Trading platforms like Plus500 must have strict financial regulation for several reasons:

  • Protecting Plus500 Investors: Strict financial regulation ensures that investors who use the Plus500 trading platform are protected against fraudulent or unethical behavior by the Plus500 platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Plus500 platform.
  • Maintaining Plus500 Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Plus500 trading platform. Regulatory procedures reduce the likelihood of the Plus500 platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Plus500 Transparency: Regulations require trading platforms like Plus500 to maintain detailed records and disclose Plus500 client information. Financial regulatory requirements enhances transparency and helps to build trust between the Plus500 platform and its investors.

Plus500 is regulated by the 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, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA. When selecting a broker such as Plus500, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Plus500 ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Plus500.

Is Plus500 a con?

Plus500 is regulated and well established, having been in business for over 15 years. Plus500 is not a con.

Does Plus500 have fees?

Plus500 doesn't charge withdrawal fees. Plus500 does charge a fee for inactive accounts. Plus500 doesn't charge deposit fees. There are some more fees for which you can find information on the Plus500 website here.

When was Plus500 founded?

Plus500 was founded in 2008.

How many people use Plus500?

Plus500 is used by over 24,000,000 registered Plus500 users.

What is Plus500 Headquarters country?

Plus500 has its head quarters office in Israel .

Does Plus500 offer negative balance protection?

Plus500 offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited. 'negative balance' protection is a regulatory requirement with which Plus500 complies.

Does Plus500 offer guaranteed stop loss?

Plus500 offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions. Please note that although Plus500 offer a Guaranteed stop-loss feature. Guaranteed stop loss is unavailable for some instruments, and a fee is charged via a wider spread.

Does Plus500 allow scalping?

Plus500 does not offer scalping.

Does Plus500 allow hedging?

Plus500 does not offer hedging.

Does Plus500 offer CFD trading?

Plus500 offers CFD trading.

Does Plus500 offer STP?

Plus500 does not offer STP trading.

How many people use Plus500?

Plus500 is used by over 24000000 Plus500 users and traders.

Is Plus500 an ECN broker?

Plus500 does not offer ECN trading.

Does Plus500 offer a demo account?

Plus500 offers a demo account.

The Plus500 demo account is free and unlimited. Users can also configure their demo account balance to the desired amount without contacting customer support and clearing the account history.

Does Plus500 offer an Islamic account?

Plus500 offers an Islamic account.

What are the funding methods for Plus500?

Please note that funding methods and options available with Plus500 can be found in the Plus500 Members area and depend on the Plus500 clientโ€™s country of residence. Please check your specific available payment methods on the Plus500 website. Plus500 accept the following funding methods : Credit cards, Debit Cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Apple Pay, Trustly, iDeal, BPay, Klarna, GiroPay, POLi.

Plus500 review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Plus500 brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Plus500 review written by Mark Hansen of Comparebrokers.co