Plus500
- Written By Forex
- Updated:
Headquartered in Israel, Plus500 is an online broker specializing in Futures (for US clients) and Contracts for Difference (CFDs). The broker aims to deliver transparency and professionalism in online trading. Traders worldwide can access a wide range of financial markets via CFDs, including stocks, forex, commodities, cryptocurrencies, ETFs, options, and indices, all supported by innovative trading technology.
In this review, we highlight the key features and considerations you should be aware of before trading with Plus500. Based on 15,556 customer reviews on Trustpilot, Plus500 holds a solid rating of 4.1 stars. The feedback is largely positive, with 59% of traders giving a 5-star rating, while 16% rated the broker with just 1 star.
Plus500 Overall Summary Table | |
Year Founded | 2008 |
Minimum Deposit | $100 |
Tradable Instruments | CFDs on: Forex, Shares, Commodities, Crypto, ETFs, Options, Indices |
Open an Account | How to Open an Account at Plus500 |
Trading Costs | Spreads, Fees, and Commissions at Plus500 |
Key Pros and Cons
First, let us take a brief look at Plus500’s advantages and disadvantages.
- Key Pros
- Regulated in multiple jurisdictions
- User-friendly trading platform
- Zero commissions
- Various payment methods
- Responsive client support
- A good selection of learning resources
- Economic calendar and other useful trading tools
- The CFTC-regulated entity accepts US traders
- Key Cons
- Minimum deposit of $100
- $10 monthly inactivity fee
- Currency conversion fees of 0.7%
- No MetaTrader trading platform
Company Information
The launch of Plus500 in 2008
Launched in 2008, Plus500 was created to offer an innovative platform that enables traders to speculate on price movements across various financial assets without actually owning the underlying instruments. The broker equips traders with essential resources, including advanced trading tools, educational materials, and reliable customer support, to ensure a smooth and informed trading experience.
Key features of Plus500 include leverage of up to 1:30 for retail accounts and 1:300 for professional accounts (note that professional accounts do not have ICF protection), zero commissions, fast and reliable order execution, and more. The minimum deposit required to begin trading is $100.
Thousands of Active Traders in 2025
Since its launch, Plus500 has steadily expanded into multiple markets, offering securities from the UK, US, European, and Asian exchanges. As of the first quarter of 2025, the broker serves over 130,500 active traders, with an increase of more than 26,000 during this period. While the number of active traders is lower than in 2021, both client engagement and the average trading value per user have grown significantly.
Plus500 has also established a strong presence in sports sponsorships, supporting prominent teams such as Atletico Madrid (2015–2022), Atlanta B.C. (2020–2023), Legia Warsaw, BSC Young Boys, and the Chicago Bulls. The company behind the brand, Plus500 Ltd, is publicly listed on the London Stock Exchange (LSE) and is included in the FTSE 250 Index, which tracks the leading mid-cap companies on the exchange.
Plus500 Group is comprised of the following corporate entities with their respective regulated offices:
- Plus500 UK Ltd, regulated by the FCA: office address: South Quay Plaza, 183, Marsh Wall, London E14 9SR, the United Kingdom.
- Plus500CY Ltd, regulated by the CySEC: office address: 169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus.
- Plus500AU Pty Ltd, regulated by the ASIC: office address: Plus500AU Pty Ltd, P.O. Box H339, Australia Square, Sydney NSW 1215, Australia.
- Plus500AU Pty Ltd, regulated by the FMA: office address: Plus500AU Pty Ltd, P.O. Box H339, Australia Square, Sydney NSW 1215, Australia.
- Plus500AU Pty Ltd, regulated by the FSCA: office address: Plus500AU Pty Ltd, P.O. Box H339, Australia Square, Sydney NSW 1215, Australia.
- Plus500SG Pte Ltd, regulated by the MAS: office address: 1 Temasek Avenue, Millenia Tower #37-03, Singapore 039192
- Plus500SEY, regulated by the FSA: office address: Third Floor, Suite 18, Vairam Building, Providence, Mahé, Seychelles
- Plus500IL, regulated by the ISA: office address: Menachem Begin 125, Tel Aviv, Israel
- Plus500EE AS, regulated by the EFSA: office address: Liivalaia 13, 10118 Tallinn, Estonia
- Plus500AE Ltd, regulated by the DFSA: office address: Unit 109, Level 1, Gate Village Building 04, International Financial Center Dubai, Dubai, UAE
- Plus500JP Securities Ltd., regulated by the FSA: office address: Shiodome City Center, 33rd Floor, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo 105-7133, Japan
- Plus500BHS Ltd, regulated by the SCB: office address: Second Floor, Goodman’s Bay Corporate Centre, West Bay Street, Nassau, The Bahamas
- Plus500Gulf Securities L.L.C., regulated by the UAE Securities and Commodities Authority: office address: Unit 405, Building 4, One Central, Dubai World Trade Centre (DWTC), Dubai, UAE
- Plus500US, regulated by the CFTC: office address: 333 W. Upper Wacker Drive, Suite 2101, Chicago, IL 60606, USA
Plus500 does not offer its services to residents of certain countries, such as Canada, due to strict regulatory requirements.
Catering to Traders Worldwide
One of the impressive features of AvaTrade is its truly global reach, which is something that will appeal to traders all around the world. Their website is configured for over 25 separate countries and regions and supports at least 20 different languages.
Multiple Industry Awards
AvaTrade has won multiple industry accolades from reputable outlets, such as The European, International Business Magazine, FXEmpire, and Daytrading.com.
Why Trade with Plus500?
Now, let us provide a quick list of the key features that we like about Plus500.
Aspect | What we like |
Regulation | Reputable broker, regulated in multiple jurisdictions: FCA, ASIC, CySEC, MAS, FSA, FSP, FMA, and others |
Pricing | Marked-up spreads but zero commissions |
Execution | Market maker |
Trading | CFDs on over 2,800 financial instruments across different asset classes, including shares, forex, commodities, cryptocurrencies, ETFs, options, and indices |
Platforms | Proprietary trading platform with a good range of useful trading tools. |
Customer Support | 24/7 client support team who are available via various contact channels. |
Regulation
With regulatory oversight in nearly all the regions where it operates, Plus500 is considered one of the most regulated brokers worldwide.
In the United Kingdom, Plus500 is regulated by the Financial Conduct Authority (FCA) under license number FRN 509909. This tier-1 regulation is recognized as one of the strictest in the world, and it ensures that clients’ funds are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000 in the event of the broker’s insolvency.
Within the European Union, Plus500 operates a subsidiary regulated by the Cyprus Securities and Exchange Commission (CySEC License No. 250/14). EU traders benefit from fund protection through the Investor Compensation Fund (ICF), which covers up to €20,000 per client, in accordance with EU Directive 2014/49/EU.
For international operations, Plus500SEY is regulated by the Financial Services Authority of Seychelles (License No. SD039).
Additionally, the broker serves traders through other regulated entities in their respective regions, ensuring compliance and client protection across its global operations.
- In Australia, it is regulated by the Australian Securities and Investments Commission (ASIC) with AFSL number: 417727
- In New Zealand, it operates under the supervision of the Financial Markets Authority (FMA) with the FSP No.: 486026
- In South Africa, the broker is authorized by Financial Sector Conduct Authority (FSCA) with the registration number: 47546
- In Singapore, the broker is regulated by the Monetary Authority of Singapore (MAS) with license number: CMS100648-1.
- In Israel, the entity is under the regulation of the Israel Securities Authority (ISA).
- In Estonia, Plus500 is regulated by the Estonian Financial Supervision and Resolution Authority (EFSA) with license number: 4.1-1/18.
- In Dubai, the company is regulated by the Dubai Financial Services Authority (DFSA) under license number F005651.
- In Japan, the brokerage operates under the Japan Financial Services Agency (FSA) with license number 156.
- In the Bahamas, the company is regulated by the Securities Commission of The Bahamas (SCB): SIA-F250.
- In the United Arab Emirates, the broker is regulated by the UAE Securities and Commodities Authority under license number: 20200000232.
A breakdown of the various regulatory regimes is presented below.
Flag | Region | Entity | Authority | License |
 | United Kingdom | Plus500 UK Ltd | Financial Conduct Authority (FCA) | LicenseNo: FRN 509909 |
| EU | Plus500CY Ltd | Cyprus Securities and Exchange Commission (CySEC) | Licence No. 250/14 |
| Internationally | Plus500SEY | Financial Services Authority of Seychelles (FSA) | License number: SD039 |
| Australia | Plus500AU Pty Ltd | Australian Securities and Investments Commission (ASIC) | AFSL number: 417727 |
| New Zealand | Plus500AU Pty Ltd | Financial Markets Authority (FMA) | FSP No.: 486026 |
| South Africa | Plus500AU Pty Ltd | The Financial Sector Conduct Authority (FSCA) | RegistrationNumber: 47546 |
| Singapore | Plus500SG Pte Ltd | Monetary Authority of Singapore (MAS) | LicenseNumber: CMS100648-1 |
| Israel | Plus500IL | Israel Securities Administration | LicenseNumber: 515233914 |
 | Estonia | Plus500EE AS | The Estonian Financial Supervision and Resolution Authority (EFSA) | License numer: 4.1-1/18 |
| Dubai | Plus500AE Ltd | The Dubai Financial Services Authority (DFSA) | LicenseNumber: F005651 |
| Japan | Plus500JP Securities Ltd. | The Japanese Financial Services Authority (JFSA) | License number: 156 |
| The Bahamas | Plus500BHS Ltd | The Securities Commission of The Bahamas(SCB) | License number: SIA-F250 |
| UAE | Plus500BHS Ltd | The United Arab Emirates Securities and Commodities Authority (SCA) | License number: 20200000232 |
Regulation by the FCA, ASIC, and CySEC gives Plus500 a strong regulatory standing and reinforces client confidence.
In the United States, Plus500 operates through Plus500US Financial Services LLC, which is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID 0001398).
It is also important to note that Plus500 does not provide its services to residents of certain countries, including Nigeria.
Regulation
4.5/5
- Multi-jurisdiction regulation develops trust
- CySEC regulation offers ICF Investor Compensation of up to EUR 20,000
- FCA regulation translates into up to GBP 85,000 compensation per covered client
KYC Procedure for Account Creation and Depositing
Opening an account with Plus500 is completely free and can be done entirely online within a few minutes. Account verification may take up to 24 hours. Overall, the registration process follows standard industry procedures and typically involves the following steps:
Create your login credentials by entering a valid email address and selecting a secure password.
Complete the account registration form by providing your full name, date of birth, city of residence, address, postal code, and phone number.
Select your preferred account type and trading platform, choosing between a Retail, Professional, or Demo account.
Complete the suitability assessment by providing details about your employment status, sources of income, and trading experience. Your application will proceed if your responses meet the broker’s internal requirements; otherwise, it may be declined.
Review and accept the terms by ticking the box at the bottom of the registration form to confirm that you agree to Plus500’s Terms and Conditions.
Upload your verification documents by providing proof of identity such as a passport, national ID, or driver’s license—and proof of residence, like a utility bill or bank statement dated within the last three months, so Plus500 can verify your account.
Although opening an account can be done in just a few minutes, verification of your KYC documents may take up to 24 hours. Once your account is approved, you will need to fund it using one of the available payment methods before you can begin trading.
Account Opening
4/5
- Fast sign up process
- Sign up includes a suitability test
Account Types
The broker offers two main live account types: Retail Account and Professional Account. Traders can select the account they qualify for.
Retail Account
The Retail Account is Plus500’s primary live trading option for retail clients. It includes key features such as negative balance protection, commission-free trading, multiple order types, and access to the broker’s proprietary trading platform. Leverage for EU clients is capped at 1:30, while international clients can access up to 1:300 leverage. The minimum deposit to open a Retail Account is $100, and a $10 monthly inactivity fee applies to accounts that remain dormant for three months.
Professional Account
The Professional Account is an advanced trading option available only to traders who meet the criteria for professional status. It includes all the features of the Retail Account, along with additional benefits such as leverage up to 1:300 (available to EU clients as well), rebates, and bonuses. To qualify for a Professional Account, traders from the EU and the UK must meet at least two of the following three requirements:
- A high volume of trading activity within the last 12 months.
- €500,000 or more to invest.
- Well experienced in the financial services field.
*Professional clients lose their ICF rights
New traders must first complete the standard account registration process before applying for a Plus500 Professional Account. Additionally, Professional Account holders who wish to switch back to a Retail Account can do so easily by contacting customer support. It is important to note that Professional Accounts do not have Investor Compensation Fund (ICF) protection.
Feature | Retail | Pro |
CFDs on 70 FX pairs, major indices, commodities, metals, and bonds | ||
ECN Execution | ||
Minimum account balance | $100 | $100 |
Web and desktop platforms, MT4 and mobile apps | ||
Unlimited free wire transfers | ||
No requotes | ||
Negative balance protection | ||
Fully automated execution | ||
24/7 support | ||
Variable contract sizes (as low as 1 unit) | ||
Joint account | ||
Corporate account |
Demo Account
Plus500 also provides a Demo Account, preloaded with virtual funds for practice. This account is useful for both beginners and experienced traders. Beginners can use it to familiarize themselves with the broker’s platform, while experienced traders can test and refine their trading strategies before applying them on live accounts. The demo account can be funded with an unlimited amount of virtual funds, and the balance can be reset to its original amount at any time.
Account Types
3/5
- Only Retail and Professional account options
- Retail Account with a minimum deposit of $100
- Professional account for qualified clients
- Demo Account available
Trading Fees and Other Costs
Before trading, it is essential for every trader to consider a broker’s fees and associated costs. Like other CFD and Forex brokers, Plus500 charges two main types of trading fees:
- Trading costs – spreads, commissions, and overnight financing rates;
- Non-trading costs – account management fees, deposit and withdrawal fees, non-activity fees.
Let us take a quick look at the trading fees that are available at Plus500.
Costs/fees | What is this? | With Plus500 |
Spreads | The cost is incorporated into the price of what you trade. A wider bid-ask spread means higher costs. | Spreads start from 1.0 pip on EUR/USD |
Commission | A flat fee paid per position is often used as an alternative to charging via the spread. | Zero commission (all charges built into the spread) |
Financing charges | The cost of holding a position active overnight. | The broker will not charge an extra fee on top of standard swap rates. An overnight funding amount is either added to or subtracted from the account when holding a position after a certain time. |
Deposit fees | Fees charged by the broker to fund your account. | None |
Withdrawal fees | Fees charged by the broker to withdraw money from your account. | None |
Inactivity fees | Fees charged on dormant trading accounts. | $10 monthly inactivity fee after three months of inactivity. |
Spreads
Plus500 offers competitive spreads, with little difference between those available on the Retail and Professional Accounts. The broker provides two types of spreads for its instruments: fixed and variable.
Variable spreads adjust in real time according to market conditions while a position is open. Fixed spreads, on the other hand, generally remain stable regardless of market fluctuations, though they may adjust during periods of high volatility to better reflect underlying market conditions.
The table below illustrates the average spreads offered by the Retail Account for major Forex pairs:
Instrument | Retail Account Spread |
EUR/USD | 1.4 pips |
GBP/USD | 1.9 pips |
USD/JPY | 2.2 pips |
USD/CHF | 1.7 pips |
AUD/USD | 1.1 pip |
USD/CAD | 2.0 pips |
NZD/USD | 2.2 pips |
Since Plus500 does not charge trading commissions, the broker generates revenue primarily from spreads, which may include a markup.
To illustrate the trading costs for a Retail Account, consider a 1 Lot trade on EUR/USD (where a one-pip movement equals $10), assuming the trade is opened and closed at the same price. Based on the average spreads, the trading costs for the Retail Account would be:
Retail Account
- Spread – 1.4 pip
- TOTAL COST – 1.4 x $10 = $14 per side and $28 per round turn
Plus500 does not offer commission-based accounts, so even Professional Account holders pay only the spread on their trades. The key advantage of a Professional Account is access to much higher leverage while still avoiding commission fees.
For comparison, an equivalent trade on a zero-spread account with Fusion Markets would incur a $4.50 commission per round turn. This remains one of the most competitive offers in the industry, especially when considering the raw spreads on commission-based accounts.
Finally, let’s compare the spreads of Plus500’s Standard Account with those offered by other major brokers on the most actively traded Forex pairs.
Instrument | Plus500 | Admirals | Avatrade | FP Markets |
EUR/USD | 1.40 pips | 0.8 pips | 0.8 pips | 1.2 pips |
GBP/USD | 1.9 pips | 1.0 pips | 1.2 pips | 1.5 pips |
USD/JPY | 2.2 pips | 1.0 pips | 1.3 pips | 1.4 pips |
USD/CHF | 1.7 pips | 1.2 pips | 1.3 pips | 1.6 pips |
AUD/USD | 1.1 pip | 1.0 pips | 0.9 pips | 1.3 pips |
USD/CAD | 2.0 pips | 1.6 pips | 1.8 pips | 1.4 pips |
NZD/USD | 2.2 pips | 1.9 pips | 1.4 pips | 1.6 pips |
From the table above, it is clear that the spreads on Plus500’s Standard STP Account are slightly higher compared to some of the leading brokers in the industry, such as Admirals and FP Markets.
Commissions
Plus500 does not charge any trading commissions; instead, the broker earns revenue solely from the market spread.
For example, when trading EUR/USD, you may observe a difference between the buy and sell rates. If the buy rate is 1.12080 and the sell rate is 1.12072, the resulting market spread would be 0.8 pips. This spread represents the broker’s compensation for facilitating the trade.
Spreads & Commissions
3/5
- High Standard Account spreads
- Zero commissions
Financing Charges
Overnight funding is applied to your account when a position is held past a certain time, either as a credit or a debit.
At Plus500, you can view the overnight funding time and the daily funding rate by clicking the “Details” link next to the instrument’s name on the main platform screen.
Additionally, the broker applies a currency conversion fee for trades on instruments denominated in a currency different from your account currency. This fee can be up to 0.7% of the trade’s realized net profit or loss and is reflected in real time in the unrealized net profit or loss of an open position.
Deposit fees
Plus500 does not impose any deposit fees, which aligns with the standard practice among most online brokers.
Withdrawal fees
Plus500 does not charge any withdrawal fees for the payment methods it supports. However, transfers involving overseas banks may incur intermediary fees from either side, which are independent of Plus500.
Inactivity Fees
2/5
- Inactivity charge of $10 monthly after three months of inactivity
Overall on Fees
Plus500 provides marked-up spreads on both Retail and Professional Accounts, while charging no trading commissions. The $10 monthly inactivity fee is somewhat high compared to industry norms.
Overall, although the broker offers commission-free trading, its spreads are generally higher than those of competitors like IC Markets and Fusion Markets.
Trading Fees and Other Costs
2.5/5
- Marked up spreads on all account types
- Zero commissions
- $10 monthly inactivity fee
Desktop Trading Platforms
Plus500 does not support third-party trading platforms like MT4, MT5, or cTrader. Instead, the broker provides a proprietary trading platform designed for all trading activities:
WebTrader
The Plus500 trading platform is developed in-house by the broker’s team of fintech specialists. It is a web-based platform that runs directly on modern browsers, including Chrome, Safari, Firefox, and Edge, without requiring any download or installation.
The WebTrader features an intuitive interface, enabling clients to trade over 2,800 instruments across multiple markets with competitive spreads and no commissions. Users can create watchlists, analyze charts, and place or monitor trades. The platform’s technical analysis charts include more than 100 indicators applicable across various timeframes, from tick charts to weekly charts. However, Plus500 WebTrader does not support automated trading and is intended for manual trading only.
The platform also provides access to a range of useful trading tools:
- Economic Calendar : Accessible from the platform’s main menu, this tool helps traders plan their strategies by displaying upcoming market events, including interest rate decisions, inflation data, trade balances, oil and natural gas inventories, monthly employment reports, and more.
- Risk Management : This feature enables traders to control their risk using effective tools such as Stop Loss, Guaranteed Stop, and Trailing Stop orders.
Copy-trading with Plus500
Unfortunately, Plus500 does not offer any copy-trading tools on their website.
Desktop Platforms
2/5
- A proprietary trading platform
- Various useful trading tools
- Automated trading is not supported
- No copy-trading tools
- MT4/MT5 trading platforms are absent
Mobile Trading Platforms
The Plus500 trading platform is also available as a mobile app for Android and iOS devices. The mobile apps offer the same functionality as the web platform, ensuring that traders don’t miss any features while trading on the go. Users can access all trading instruments, accounts, conditional orders, and charts, along with over 100 technical indicators, directly from their Android or iOS devices.
The mobile charts can be expanded to full-screen mode for better clarity during analysis. Deposits and withdrawals can also be made through the app.
The app can be downloaded from the respective app stores, allowing traders to place trades and monitor positions anytime and anywhere, as long as they have an internet connection.
Plus500 Mobile Trading Platform
Android App | iOS App | |
Minimum System Requirements | Android 8.0 and up | iOS 16.0 or later |
User Rating | 4.8/5 | 4.4/5 |
User Reviews | 115,000 votes | 2,900 ratings |
Supported Languages | English, Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Latvian, Lithuanian, Norwegian Bokmål, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Slovak, Slovenian, Spanish, Swedish, Traditional Chinese, Turkish | English, Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Latvian, Lithuanian, Norwegian Bokmål, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Slovak, Slovenian, Spanish, Swedish, Traditional Chinese, Turkish |
Forex Pairs | 70+ | 70+ |
Other Tradable Assets | Shares, Indices, Commodities, Crypto, ETFs, Options | Shares, Indices, Commodities, Crypto, ETFs, Options |
Features | No fees for deposits & withdrawals, low trading commissions, real-time alerts via email, push, and SMS, live market quotes, around-the-clock customer service | No fees for deposits & withdrawals, low trading commissions, real-time alerts via email, push, and SMS, live market quotes, around-the-clock customer service |
Biometric Authentication | Yes | Yes |
2-Factor Authentication | Yes | Yes |
Mobile Trading
3.5/5
- Proprietary mobile apps for Android and iOS devices are available
- Apps offer the full functionality of the desktop platform
Trading Instruments
Plus500 provides commission-free CFD trading on more than 2,800 financial instruments, including shares, Forex, indices, cryptocurrencies, commodities, ETFs, and options. This range is comparable to what competitors like IC Markets and Fusion Markets offer.
Asset Class | Plus500 | Rating | IC Markets | Fusion Markets |
Forex CFDs | 75 | Excellent | 61 | 79 |
Indices CFDs | 39 | Good | 23 | 11 |
Stocks CFDs | 1500 | Excellent | 1,600+ | 50 |
Commodities CFDs | 29 | Good | 14 | 26 |
Cryptocurrency CFDs | 26 | Okay | 17 | 13 |
ETFs CFDs | 86 | Good | 4 | 0 |
Options CFDs | 300+ | Excellent | 0 | 0 |
Let us now take a closer look at the product list.
Futures
With Plus500 USA, traders can access a wide variety of financial instruments for futures trading, including shares, indices, Forex, cryptocurrencies, metals, and energy products. Regulated by both the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), the platform offers a secure and reliable trading environment.
Designed for retail traders, Plus500 USA provides demo accounts with live quotes to help refine strategies before moving to real-money trading. The minimum deposit is $100, and funds can be added through multiple payment methods, including Debit Visa/Mastercard, wire transfer, Apple Pay, and Google Pay. The platform complies with NFA and CFTC regulations, offering variable leverage and commission rates of 0.89 for Standard contracts and 0.49 for Micro contracts.
Forex CFDs
Plus500 provides access to highly liquid global Forex markets, allowing traders to trade over 70 currency pairs with leverage. This means that with a deposit of just $100, you can control the equivalent of $30,000 in capital. However, EU retail clients are restricted to a maximum leverage of 1:30.
The broker offers commission-free trading, though the spreads are slightly marked up. For instance, on the Retail account, major currency pairs like EUR/USD, GBP/USD, and EUR/GBP have spreads starting from 1.0 pips, which is higher than what some competitors, such as IC Markets and FP Markets, offer.
Index CFDs
Plus500 enables traders to access some of the world’s most popular indices, including the USA 500, US-TECH 100, and France 40, with leverage of up to 1:150.
When trading CFDs on indices, you can open the instrument to view details such as charts, spreads, and rollover information. You can place a ‘buy’ order if you anticipate the index will rise or a ‘sell’ order if you expect it to fall. CFDs allow you to speculate on price movements without owning the underlying asset, effectively opening a contract based on your market prediction.
The Plus500 platform also provides trader-focused tools to manage positions effectively. These include the ‘close at profit’ option, which automatically closes trades at a level you set to secure profits, and the ‘close at a loss’ (stop loss) option, which limits potential losses.
Share CFDs
Plus500’s trading platform allows access to shares from major markets such as the USA, UK, Germany, and more, with leverage. Traders can even day trade U.S. stocks without worrying about the pattern day trading rules that typically apply to U.S. brokers.
An alternative way to trade stocks is through Contracts for Difference (CFDs). Using leverage of up to 1:20, traders can speculate on price movements of leading stocks without committing large amounts of capital to the underlying assets. While leverage can amplify potential profits, it also increases risk. To help manage this, Plus500 provides advanced trading tools and offers negative balance protection, ensuring that the maximum amount you can lose is limited to your account balance.
Commodities
Plus500 offers trading on a wide range of key global commodities through CFDs. Traders can access markets such as Gasoline, Gold, Heating Oil, Natural Gas, Oil, Brent Oil, Palladium, Wheat, Soybeans, and more using an intuitive platform. Leverage of up to 1:20 is available, meaning you can start trading with as little as £100 while controlling the equivalent of £2,000 in capital.
The platform also provides tools to help manage your trades effectively. You can use ‘Close at Profit’ (Stop Limit) or ‘Close at Loss’ (Stop Loss) to secure profits or limit losses, and a Guaranteed Stop can be set to prevent slippage and ensure precise execution.
Cryptocurrency
Plus500 allows traders to access CFDs on some of the world’s most popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Stellar, Bitcoin Cash, Cardano, NEO, EOS, and IOTA. This enables you to speculate on price movements without actually owning the underlying coins.
The broker provides zero-commission trading and offers leverage of up to 1:2 (or 1:5 through FSA-regulated accounts). Competitive spreads help keep trading costs low, making it easier for traders to manage fees while participating in the crypto markets.
Options CFDs
Plus500 allows traders to access Options CFDs with a range of strike prices that closely reflect the underlying index or asset.
Traders can choose between two types of options CFDs: Call options and Put options. Opening a Call or Put position means entering a contract based on whether you expect the underlying instrument’s price to reach or exceed a specific level by the expiry date. With leverage of up to 1:5, you can trade options on assets such as Germany 40, Oil, Facebook, and more, giving you flexibility to capitalize on market movements.
ETFs
Exchange-traded funds (ETFs) are investment funds that track the performance of indices or commodities, such as the NASDAQ-100, S&P 500, Dow Jones, Gold, and more.
Plus500 gives traders access to over 80 ETFs, including popular options like VXX Volatility and SPDRUSA500, with leverage of up to 1:5. This means that a $100 investment can control the equivalent of $500 in capital. The platform also provides tools to manage risk and secure profits, such as Stop Loss and ‘Close at Profit’ orders, helping traders maintain control over their positions.
Traded Instruments
4.5/5
- CFDs on over 2,000 financial instruments
- Leveraged trading on various instruments
Trade Execution
Plus500 operates as a market maker, using a dealing desk to execute trades and acting as the counterparty to your positions. The broker charges no commission, which means its revenue comes from slightly marked-up spreads. As a result, spreads are generally wider than those offered by ECN brokers.
Despite this, Plus500’s market maker model offers advantages such as fast trade execution, zero commissions, and consistent access to pricing. The broker provides two-sided quotes for each security, showing both bid and ask prices along with market sizes. Profits are generated from the difference between these bid and ask prices.
It’s important to note that Plus500 does not provide STP (Straight-Through Processing) or ECN (Electronic Communications Network) execution on any of its account types.
Trade Execution
2.5/5
- Market maker with dealing desk intervention
- Zero commissions
- Marked-up spreads
Deposit Methods
Plus500 offers multiple options for funding your trading account, with a minimum deposit of $100. The broker does not charge any fees for deposits. It’s important to note that Plus500 does not allow third-party payments, so all deposits must come from accounts in your name, and the payment method you use must also be registered under your name.
Depositing funds is straightforward: go to “Funds Management,” click on “Deposit,” choose your preferred payment method from the available options, complete the required fields, and then click “Submit.” On mobile devices, you can access the “Funds Management” section through the menu.
The broker accepts the following payment methods for deposits:
Method | Processing Time |
Credit/Debit Card | Instant |
Neteller | Instant |
Skrill | Instant |
PayPal | Instant |
Bank Transfer | Instant |
Currently, there are no deposit bonuses available with this brokerage.
Deposits Methods
4/5
- $100 minimum deposit
- No deposit fees charged
- Good selection of payment methods
- Bonuses on deposit and rebates (in some jurisdictions)
Withdrawal Methods
Clients can withdraw funds easily through the secure Plus500 client portal by navigating to the “Funds Management” dropdown menu and selecting the “Withdrawal” tab. Withdrawal requests are typically processed within 1–3 business days, allowing the broker to complete necessary security checks before releasing funds.
The actual time for the funds to reach your account depends on the processing times of the third-party payment provider. Each payment method has a minimum withdrawal requirement displayed on the withdrawal screen, and requests below this threshold may incur additional charges. Generally, Plus500 does not apply internal fees for deposits or withdrawals.
Plus500 follows a strict policy of returning funds to the same source used for deposit. For instance, if a client deposits via a Visa card, withdrawals will only be processed to that same Visa card account.
Withdrawal Methods
4/5
- No withdrawal fees with most payment methods
- No third party withdrawals
- Withdrawal request processing takes 1-3 business days
Customer Support Contacts
Plus500 offers reliable customer support services to assist traders. The support team is available 24/7 and can be reached via any of the following contact channels:
Support Contact | Available | Response |
Email contact | 24/5 | Within several hours |
FAQs | 24/7 | Available on the website |
Live Chat | 24/7 | Instant |
Email Contact : Traders can reach Plus500’s support team via email by completing the “Query” form on the “Contact Us” page. After entering your message in the provided text box, submit the form to get in touch with the support team. During our testing, we received responses to our inquiries within a few hours when contacting them during business hours.
FAQs : Plus500 provides a comprehensive list of Frequently Asked Questions, organized into categories for easy navigation. These categories include Account Verification Process, Deposits, Fees & Charges, Financial Instruments, Opening an Account, Regulators, Submitting Identification Documents, Trading, and Withdrawals. Each section offers clear answers to common queries that clients may have.
Live Chat : Plus500 provides a 24/7 Live Chat service on its website, allowing traders to receive immediate support at any time..
Unfortunately, the broker does not provide phone support.
Support Contact
3/5
- Extensive FAQs section
- Email and Live Chat support available
- Telephone contact is absent
Research and Educational Materials
To assist traders in making well-informed decisions, Plus500 offers a variety of educational resources on its website. These include learning courses, eBooks, video tutorials, market news, insights, and more.
Ebooks on various trading topics
News and Market Insights that keep traders up-to-date with the latest happenings in the financial markets
Video tutorials on the following topics:
- What is CFD Trading?
- Slippage when opening a position
- How to trade with Plus500?
- What is a Rollover?
- What are Options?
- What are Trading Alerts?
- Understanding a Risk-Reward Ratio
Research & Education
3.5/5
- Some useful educational resources
- Video tutorials
- News and Market Insights
Security and Money Guarantees
Trading with a regulated broker is always recommended. At BestBrokers.com, we prioritize ensuring that our clients work with reputable brokers with strong regulatory credentials, and Plus500 fits this standard. Our main observations include:
- Nearly two decades of business history and growth
- Top-tier FCA, ASIC, and CySEC regulations
- Negative balance protection
Plus500’s oversight across multiple jurisdictions demonstrates its adherence to stringent regulatory standards set by top-tier financial authorities, providing enhanced safety for clients’ funds. Client funds are held in segregated accounts, and all data on the broker’s website is protected using SSL encryption.
Entity | Regulator | Amount covered | Negative Balance Protection |
Plus500 UK Ltd | Financial Conduct Authority (FCA) | £85,000 | |
Plus500CY Ltd | Cyprus Securities and Exchange Commission (CySEC) | €20,000 | |
Plus500SEY | Financial Services Authority of Seychelles (FSA) | N/A | |
Plus500AU Pty Ltd | Australian Securities and Investments Commission (ASIC) | N/A | |
Plus500AU Pty Ltd | Financial Markets Authority (FMA) | N/A | |
Plus500AU Pty Ltd | Financial Services Board (FSB) | N/A | |
Plus500SG Pte Ltd | Monetary Authority of Singapore (MAS) | N/A | |
Plus500IL | Israel Securities Administration | N/A |
Security of funds
3.5/5
- Solid tier-1 regulations
- CySEC regulation offers ICF Investor Compensation of up to EUR 20,000
- FCA regulation translates into GBP 85,000 compensation per covered client
Conclusion
Overall, our experts at BestBrokers.com conclude that Plus500 provides competitive offerings relative to its peers. The key reasons supporting this assessment include:
- No commissions
- Over 2,800 tradable instruments
- Leverage of up to 1:300 (under FSA regulation and Pro accounts)
- Fast and reliable order execution
- Innovative trading technology
- A good selection of educational resources
- Fully licensed and regulated since 2008
Please be aware that Plus500 USA does not offer CFDs. Furthermore, the information presented in this publication is derived from publicly available sources provided by our partner. Plus500 USA does not guarantee the accuracy or completeness of this content and disclaims any liability arising from its use.
Overall
4/5
- Proprietary trading platform
- Mixed trading costs and no non-trading costs
- Good selection of educational resources
- Opportunity to trade over CFDs on 2,000 financial assets.
