Plus500 Rated 4/5

Plus500 Guide - Read our In Depth 2021 Plus500 Review

Plus500 are a highly regulated London based online trading platform specialising in leveraged CFD trades. If you are looking to trade cryptocurrencies, stocks and shares, commodities, Forex, ETFs and Indices using CFDs, Plus500 offer competitive spreads with no commissions on their mobile and desktop trading platforms. Plus500 offer negative balance protection and guaranteed stop loss orders.

This Plus500 review was written by industry experts with over 20 years of financial experience in CFDs.
The content in this Plus500 review does not apply to US users.

Benefits of Trading with Plus500

Plus500 Review 2021 Quick Summary
💰 Spreads 0 Commissions & tight spreads
☎️ Support 24/7 online support
💰 CFDs Trade +2500 CFDs instruments on Shares, Indices, Forex, Cryptos (availability subject to regulation), ETFs and Commodities.
💬 Livechat Offers livechat and WhatsApp
🌐 Languages Platform available in 30+ languages and on all devices
📺 Demo Accounts Unlimited free demo account
💰 Min Deposit 100
👱‍♂️ Used By 15,500 Plus500 users and traders
📆 Founded 2008
🏢 Plus500 Offices Offices all over the world including the United Kingdom, Australia, Singapore and Cyprus
👮‍♂️ 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
🚫 Excluded Countries Plus500 is not available in the following countries : MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE

Open Plus500's Website

72% 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 Learn more about Plus500.
72% 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 global online financial trading platform and multi asset broker founded in 2008

Over 13 years later Plus500 has grown to offering retail investors CFDs trading.

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 shares in Plus500 on one of the worlds global stock market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Plus500 review and assess how well the Plus500 platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Plus500 can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Plus500 we breakdown the pros and cons. What Plus500 are able to offer, what countries Plus500 are available in. Who Plus500 are regulated by and more.

Plus500 Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Plus500 review useful.

This review of the Plus500 platform is very detailed. If you are interested in trading with Plus500 in any capacity please take the time to read and research the whole Plus500 review.

We have tried to explain the ins and outs of financial trading through the Plus500 platform as plainly as possible so that you the trader are as informed as possible before you start to use the Plus500 trading tools and depositing and withdrawing funds from Plus500.

Plus500 are reputable enough to have a wikipedia page link. Wikipedia content is highly moderated for accuracy. It is very hard to get a Wikipedia page.
Open Plus500's Wikipedia page

Plus500 offer a free & unlimited demo account

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Plus500 like CFDs trading. you should have confidence in Plus500 and know that the management of your financial investments on the Plus500 platform are in good hands.

At the bottom of this Plus500 review you can also learn about some pretty good alternatives to Plus500

With this Plus500 review we hope to help you see if Plus500 is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Plus500 that will help you get off to a good start in the world of online trading.

Plus500 Review Table of Contents

Plus500 review
Plus500 is a Multi-Assets Trading Platform with over 2500+ Assets

Learn more about Plus500. Plus500 is a multi asset platform with 2500+ tradable Assets. Assets available on Plus500 include CFDs.

Plus500 trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that CFDs are considered financial assets.

Features of Plus500

Plus500 review
What you should know

Plus500 offer one way to trade: CFDs.

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 are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Plus500 safe?

When choosing a broker like Plus500 the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 13 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 regulatory bodies.

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

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Plus500, this will be honored. If Plus500 violate any regulatory rules their regulated status could be stripped.

72% 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 safe with Plus500?

Any payments funded to Plus500 accounts by traders are held in a segregated bank account.

For added security Plus500 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Plus500 use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Plus500 deposited in a Tier 1 bank?

Having any money you deposit with Plus500 means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Plus500 goes out of business for some reason.

Therefore, we can safely conclude that Plus500 is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading CFDs is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Plus500 also clearly state on their platform that 72% 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..

Now that we have answered some important questions regrding Plus500. let us look at the Plus500 features in more detail.

Try creating two accounts when you are working with Plus500. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Plus500

72% 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 eToro XTB IC Markets
Year Established 2008 2007 2002 2007
Head Office Israel Cyprus, UK Poland Australia
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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) 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, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 15,500+ Plus500 users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Plus500 Visit eToro Visit XTB Visit IC Markets
Risk Warning 72% 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. 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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. Losses can exceed deposits

Plus500 review
Plus500 Pros and Cons

What we like about Plus500

  • Used by over 15,500 Plus500 users and traders
  • Established in 2008
  • 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
  • Min. deposit from $100

What we don't like about Plus500

Plus500 review
Plus500 Regulation and Licensing in more detail

We have checked and Plus500 is regulated and supervised by reputable organisations. You are able to check every Plus500 supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Plus500. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Plus500 traders and provide a safe trading environment. Financial regulation and license approval is essential.

  • 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

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

Is Plus500 Global?

Yes, Plus500 is global as Plus500 is available in over 176 countries.

Plus500 is a global trading platform in the sense that it operates in 176 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Plus500 covers include the UK, Germany, Australia, South Africa, Thailand,. As per its Wikipedia page, Plus500 has a total of more than 15,500 users. Commendable figures from Plus500.

Plus500 review
Plus500 Awards

Plus500 have won numerious industry awards over the 13 years they have been operating as a financial broker. We list the most notible awards and mentions for Plus500 below.

  • Plus500 is one of the highest rated CFD trading apps on Apple's AppStore and Google Play
  • 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.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Plus500 Fees Compare Against Other Brokers

Broker Plus500 eToro XTB IC Markets
Min Deposit 100 200 0 200
Withdrawal Fees No Yes varies No
Inactivity Fees Yes Yes Yes No
Deposit Fees No No No Varies
CFD Commission Fees No Yes Yes Yes

Plus500 Minimum Deposit

Plus500 require a minimum desposit of 100 GBP/USD 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.

Dont be scared off by brokers like Plus500 charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Plus500 Withdrawal Fees

Plus500 doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Plus500 for example allow you to withdraw your funds to Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill.

Plus500 Inactivity Fees

Plus500 does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Plus500 Desposit Fees

Plus500 does not charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Plus500 Commission Fees

Plus500 does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Plus500 review
What can you trade with Plus500?

Be aware that Different entities under Plus500 Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Plus500 over 2500 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets Plus500 offer over 100 currency pairs.

Compare Plus500 with eToro and XTB below.

72% 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 eToro XTB IC Markets
Instruments Available 2500 2000 4000 232
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 100 50 57 65
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 Yes Yes Yes
Commodity CFDs        
Commodities Offered 17 31 21 19
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 1816 2042 1696 110
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
72% 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 eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
77% 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.
Visit IC Markets
Losses can exceed deposits

Plus500 review
Trading on Plus500 web platforms and other applications

Plus500 offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Plus500 also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Plus500's platforms

Is the Plus500 Trading Platform Secure?

Plus500 safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Plus500 also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Plus500.

Plus500 Trading Platform Options

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

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

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

With Plus500 you can look for and 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

  • 24/7 online support
  • Trade +2500 CFDs instruments on Shares, Indices, Forex, Cryptos (availability subject to regulation), ETFs and Commodities.
  • 30+ languages
  • All devices
  • 0 commissions and tight spreads
  • Low min deposit

Plus500 Trading Accounts Offered

Below we give an overview on 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.

  • Demo account
  • Standard account
  • Islamic account

Can I try Plus500 before I buy?

Plus500 offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

72% 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

Please note that the list of Plus500 payment methods below depend on the Plus500 Entity and the Clients Country of Residence.

All available Plus500 payment methods available to you can be found in your Plus500 members area checked on the Plus500 website.

Plus500 offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Plus500

Plus500 Payment Methods

  • Plus500 accepts Credit cards
  • Plus500 accepts VISA
  • Plus500 accepts MasterCard
  • Plus500 accepts Bank Transfer
  • Plus500 accepts Electronic wallets (eWallets)
  • Plus500 accepts PayPal
  • Plus500 accepts Skrill
Broker Plus500 eToro XTB IC Markets
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes 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?

When opening a trading account with Plus500, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Plus500 trading platforms here. You will need to provide some basic documentation to prove your identity as part of Plus500 onboarding and normal KYC identity checks. These checks are standard practice and help Plus500 provide a safe financial environment for their 15,500 users.

72% 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

With Plus500, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Plus500 may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Plus500 also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, price alerts, and much more. You can see all of the account features offered by Plus500 here.

CFD Trading on Plus500

let's take a look at some of the basics of using Plus500 leverage.

Plus500 offer CFD which are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Plus500 leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Plus500 trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Plus500 leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Plus500 CFDs are typically used for short to medium term trades. For example Plus500 intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.

Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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 Negative Balance Protection

We should say something about negative balance protection with Plus500. When trading using leverage an adverse move could result in losing more than your trading account balance at Plus500. If your broker is regulated by the FCA Negative Balance Protection should be set in place by your broker as standard. Your Plus500 account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

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

A stop-loss order is an order placed with a broker like Plus500 to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Plus500

To trade effectively with Plus500, it's important to get a have a good understanding of the Plus500 trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Plus500 and externally.

Plus500 does not offer educational sources but a 'traders guide' where there are 'how-to' videos to learn a bit more about the Plus500 platform. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Plus500.

Take time to look around the Plus500 platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Plus500

As part of our Plus500 review we review customer service options, response times and Plus500 trading platform problem resolution effectiveness.Plus500 support a wide range of languages including English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese.

Plus500 have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support.

Plus500 customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Your customer service experience with Plus500 has to be a positive one for you to effectively trade the financial markets on the Plus500 platform. Plus500 should make sure all of your questions are answered and your Plus500 platform issues solved. When a 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 have a great client support team, which is why we have rated their customer service highly.

Livechat Support at Plus500

We tested the Plus500 live chat and it works well. We sent messages to Plus500 livechat through their app and website and recieved a response within 3 minutes. Its important you test the Plus500 chat service yourself. a responsive chat service from Plus500 gives a great support experience to Plus500 chat service users. Its much better than waiting days for an email.

We tested communicating with Plus500 support in multiple languages in multiple countries. The Plus500 help center where able to quickly resolve our customer issues.

Email Support at Plus500

We sent several emails to Plus500 and answer times overall were excellent. The fastest response from Plus500 was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Plus500, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Plus500.

Phone Support at Plus500

Plus500 does not offer Phone Support.

WhatsApp Support

Plus500 offer 24/7 email, chat and WhatsApp support in 16 languages.

See how Plus500 Support Compares Against Other Brokers

Broker Plus500 eToro XTB IC Markets
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, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Plus500 Visit eToro Visit XTB Visit IC Markets
Risk Warning 72% 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. 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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. Losses can exceed deposits

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, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Plus500 Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Plus500's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Plus500 you can visit the Plus500 trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from http://www.plus500.co.uk/ on July 23, 2021.

Watch this Plus500 Explainer Video

Is Plus500 A Good Broker?

We spent over 3 months 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.
  • Plus500 has a history of over 13 years.
  • Plus500 has a reasonable sized customer support of at least 10.
  • Plus500 are 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. This means Plus500 fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Plus500 have regulation from a Tier 1 reputable country.
  • Plus500 has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Plus500 have an international presence in multiple countries. This includes local Plus500 seminars and training.
  • Plus500 are able to hire people from various locations in the world who can better communicate in your local language.

More Plus500 Guides and Research

If you are research Plus500 make sure to read through the below Plus500 related guides. You will find something useful.

Plus500 Risk Disclosure

72% 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 including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

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.

If you feel some of the above Plus500 are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Plus500 alternatives below.

Related Plus500 Vs Comparisons

We have covered allot in this Plus500 review, If you want to see how Plus500 compares side by side with other brokers check out our Plus500 Vs pages.

If you would like to see how Plus500 stands up against other brokers you can read some of our Plus500 comparisons below. We compare side by side some of our top rated Plus500 versus comparisons. Read our indepth Plus500 VS pages below.

Plus500 review
PLUS500 Frequently Asked Questions

Read our detailed Plus500 FAQ Section updated for 2021.

Can I try Plus500 before I buy?

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 depend on the Plus500 Entity and the Clients Country of Residence.

Plus500 offer the following funding payment methods Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, among other payment methods.
Learn more here

72% 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 safe?

Plus500 are considered safe 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. Any payments funded to Plus500 accounts by traders are held in a segregated bank account. For added security Plus500 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

72% 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 15,500 active traders and Plus500 users. Plus500 offers CFDs 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 13 years. Plus500 offers clients CFDs trading. All funds deposited to Plus500 are held in segregated tier 1 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 so can be considered legit.

Is Plus500 a good broker?

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 so can be considered a good broker. Plus500 allows CFDs trading.

Is Plus500 trustworthy broker?

Plus500 can be considered trustworthy. All money funded to Plus500 is placed into a segregated tier 1 bank account. this means your money in not held by Plus500 directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also 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.

What is the minimum deposit for Plus500?

The minimum deposit to trade with Plus500 is 100.

How long do Plus500 withdrawals take?

Withdrawing money from Plus500 processing time varies but averages 2-5 days.

Is Plus500 regulated?

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. 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. Stocks, currency and other commodities and instruments will be purchased by Plus500 even if no buyer is lined up.

How can I start trading with Plus500?

When opening a trading account with Plus500, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Plus500 trading platforms here.

Is my money safe with Plus500?

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. One of the most important criteria for traders when choosing a broker like Plus500 is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Plus500, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Plus500 a con?

Plus500 is regulated and well established having been in business for over 13 years. Plus500 is definitely not a con.

Can you make money with Plus500?

Although traders have had great success with Plus500. Trading on the financial markets with Plus500 is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. 72% 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.

Does Plus500 have fees?

Plus500 doesn't charge withdrawal fees. Plus500 does charge a fee for inactive accounts. Plus500 doesn't charge deposit fees.

When was Plus500 founded?

Plus500 was founded in 2008.

How many people use Plus500?

Plus500 is used by over 15,500 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 means traders cannot lose more money than they have deposited.

Does Plus500 offer guaranteed stop loss?

Plus500 does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

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 15500 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.

Does Plus500 offer an Islamic account?

Plus500 offers a Islamic accounts.

What are the funding methods for Plus500?

Please note that funding methods and funding options available with Plus500 can be found in the Plus500 Members area and depend on the Plus500 client’s country of residence. Please check your specific available payment methods on the Plus500 website. Plus500 accept the following funding methods : Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill.

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 editor 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 experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, 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