Plus500 Broker Review 2025

Plus500 (an Israel-founded CFD broker) is regulated by CySEC, DFSA, EFSA, ASIC, FSCA, and other financial authorities. This broker provides Retail and Professional accounts with a minimum deposit of $100 and a maximum leverage of 1:300 (professional account).

Traders can trade over 2800 instruments on Plus500 WebTrader and mobile trading app.

Plus500 Company Information & Regulatory Status

Plus500 has established itself as a reputable player in the Forex broker space, backed by robust regulatory oversight. Here's a breakdown of the company's key information:

• Founding year: 2008
• Headquarters: London, UK
• Public Listing: London Stock Exchange (FTSE 250 index)
• Primary Offerings: CFDs (Contracts for Difference) and share dealing

The company is publicly listed on the London Stock Exchange (LSE: PLUS) and operates in over 50 countries through 10 licensed subsidiaries.

Its regulatory coverage includes oversight from top-tier authorities such as the UK’s FCA, Cyprus’ CySEC, and Australia’s ASIC, offering clients peace of mind regarding compliance and transparency.

• Financial Conduct Authority (FCA) in the UK (No. 509909)
• Cyprus Securities and Exchange Commission (CySEC) in Cyprus (no. 250/14)
• Australian Securities and Investments Commission (ASIC) in Australia
• Financial Markets Authority (FMA) in New Zealand
• Financial Sector Conduct Authority (FSCA) in South Africa
• Monetary Authority of Singapore (MAS) in Singapore (Licence No CMS100648)
• Israel Securities Authority (ISA) in Israel
• Dubai Financial Services Authority (DFSA) in the UAE
• Estonian Financial Services Authority (EFSA)

Plus500 appeals primarily to self-directed traders who value streamlined technology and a frictionless interface. With fast onboarding, responsive customer support, and minimal administrative fees, the broker is especially well-suited for casual and swing traders.

While it may not offer the tightest spreads, its combination of transparency, ease-of-use, and regulatory backing makes it a standout in the retail CFD space.

Plus500 Client Protection

Clients benefit from negative balance protection and segregated fund arrangements across all entities. Compensation schemes vary by jurisdiction:

• UK traders are protected up to £85,000 by the FSCS;
• EU-based clients receive up to €20,000 coverage under Cyprus’ ICF.

These measures place Plus500 among the most secure brokers for retail investors.

Plus500 Broker Specifications Summary

Let's take a closer look at what sets Plus500 apart in the crowded world of online Broker:

Plus500 Account Types Overview

Plus500 keeps its account structure simple by offering a single standard live account for most retail clients, with a low minimum deposit requirement of $100. Plus500 Live account features:

• Access to live markets
• Maximum leverage: Up to 1:30
• Suitable for traders of all levels
• Risk management tools
• Minimum deposit: $100

Traders who meet certain criteria can apply for a professional account, which offers higher leverage. Plus500 Professional account features:

• Minimum investment portfolio: €500,000
• Maximum leverage: Up to 1:300
• Suitable for professional traders

Plus500 also offers a demo account. This account type is particularly valuable for newcomers, allowing them to familiarize themselves with the platform and test trading strategies without financial risk. It's also useful for experienced traders looking to try new trading strategies.

Plus500 Benefits and Drawbacks

Every trading platform has its strengths and weaknesses. Here's an honest look at Plus500's pros and cons:

Plus500 Account Opening & Verification Process

Plus500 offers a fast and user-friendly onboarding experience that enables traders to explore forex, stocks, indices, and crypto CFDs across more than 2,800 instruments.

The Plus500 registration process is designed to meet security standards while giving users instant access to the Plus500 trading platform.

#1 Navigate to the Official Platform

Visit the Plus500 official website and click “Start Trading” to begin the sign-up flow.

#2 Set Up Your Account Credentials

Enter your email address and create a strong password (minimum 12 characters including upper/lowercase letters, numbers, and symbols). Then click “Create Account”.

#3 Verify Your Account

To trade with real funds, you’ll need to complete identity verification and make a minimum deposit, as part of the platform’s regulatory compliance.

Go to account settings and click on “Verify Me” to initiate the KYC procedure. Enter your personal information, including;

• First Name
• Surname
• Date of birth
• Residential address

Complete the verification process by uploading supporting documents, including:

• Proof of ID: Passport, Driver's license, or National ID card
• Proof of Address: Utility bill or Bank statement

Plus500 Trading Platforms and Apps

Plus500 provides a clean and intuitive proprietary WebTrader platform available on browsers, Windows, iOS, and Android. Traders can access a wide range of tools, including 100+ indicators, customizable alerts, and order types such as market, limit, and trailing stops.

Plus500 WebTrader

• Browser-based, no download required
• Intuitive interface with customizable charts
• Real-time quotes and price alerts
• Risk management tools (stop loss, trailing stop, and guaranteed stop)

Plus500 Mobile App

• Available for iOS and Android devices
• Full functionality mirroring the web platform
• Push notifications for market events and price alerts

Links:

• Plus500 Android
• Plus500 iOS

While the platforms lack some advanced features found in MetaTrader 4 and MT5, they offer a clean, straightforward trading experience that's particularly appealing to novice and intermediate traders.

Plus500 Trading Costs (Spreads and Commissions)

Plus500 operates on a spread-only model for most instruments, meaning there are no separate commissions charged on trades. Here's what you need to know:

• Spreads are variable and can widen during periods of high volatility;
• Forex market spreads start from 0.5 pips on major pairs;
• No commissions are charged on most trades (except for share CFDs in some regions);
• Overnight funding charges apply (Example: EUR/USD long positions incur a $10.80 swap fee);
• An inactivity fee of $10 is charged quarterly after three months of no login activity.

The table below provides spread charges for some of the most popular trading instruments during peak trading hours:

It's important to note that while Plus500's spreads are competitive, they may not always be the tightest in the market. Traders should always consider the total cost of trading, including potential overnight fees when comparing brokers.

Traders don’t need to pay fees for deposits, real-time Forex quotes, and dynamic charts on Plus500

Plus500 Deposit & Withdrawal Methods

Depositing and withdrawing funds at Plus500 is fast, flexible, and free of broker-side charges. Supported methods include credit/debit cards, bank wire, PayPal, Skrill, Apple Pay, and Google Pay. 

• Credit/Debit Cards (Visa, Mastercard)
• Bank Wire Transfer
• PayPal
• Skrill
• Local payment methods (varies by region)
• Google and Apple Pay

Key points to remember:

• Minimum deposit is $100;
• No fees are charged by Plus500 for deposits or withdrawals;
• Processing times vary (e-wallets are the fastest, and bank transfers can take 3-5 business days);
• Withdrawals are typically processed within 1-3 business days;
• While Plus500 doesn’t charge funding fees, a currency conversion fee of up to 0.7% applies for trades executed in currencies different from the account base.

Plus500's diverse payment options and fee-free structure make funding and withdrawing from your account a hassle-free experience.

Copy Trading Services & Investment Options Offered on Plus500 Broker

It's important to note that Plus500 does not currently offer copy trading or social trading features. The platform focuses on self-directed trading, providing tools and resources for individual decision-making rather than following other traders' strategies.

While this may be a drawback for those interested in copy trading, it aligns with Plus500's focus on providing a straightforward, individual trading experience.

Plus500 Tradable Instruments Overview

Plus500 gives traders access to over 2,800 CFDs across major asset classes, including:

• Forex: 70+ currency pairs
• Indices: 25+ global indices
• Commodities: Metals, energies, and agricultural products
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more
• Shares: 1,800+ international stocks
• ETFs: 90+ exchange-traded funds
• Options: On select indices and commodities

In addition, the broker offers separate platforms for share trading (Plus500 Invest) and U.S.-based futures markets trading (Plus500Futures), expanding access for multi-asset investors.

This wide selection allows traders to diversify their portfolios and take advantage of opportunities across different markets.

Plus500 Promotions and Bonuses

Plus500 occasionally offers promotional bonuses, but these are subject to change and may vary by region due to regulatory constraints. As of 2023, the following promotions may be available:

• First Deposit Bonus: New clients can receive a bonus on their initial deposit;
• Referral Program: Earn rewards for referring new traders to the platform.

Plus500 Broker Support Channels

Customer support at Plus500 is available 24/7 through live chat, WhatsApp, and email channels. While phone support is not offered, the response times via chat and email are typically prompt, often under five minutes.

All support interactions are conducted through a ticket-based system, which is suitable for most inquiries but may not satisfy traders who prefer real-time verbal interaction.

• 24/7 Live Chat: Available directly on the website and trading platform
• Email Support: support@plus500.com
• FAQ Section: Comprehensive answers to common questions

While Plus500's support is generally responsive, some users have reported longer wait times during peak trading hours.

Plus500 Restricted Countries

Due to regulatory constraints, Plus500 is not available in all countries. Notable restrictions include:

• Iran
• North Korea
• Sudan
• Syria

Traders should always check the most up-to-date information on Plus500's website regarding country restrictions, as these can change based on evolving regulatory landscapes.

Plus500 Trust Score on Review Websites

Trust is paramount in the world of online trading. The Plus500 Trustpilot profile has generally positive reviews with a 4.1/5 score based on over 13,000 reviews. This shows the popularity of this broker among the trading community.

Plus500 Broker Education Materials

Plus500 supports its clients with a comprehensive Trading Academy, offering tutorials, market explainers, and videos tailored to CFD education. The platform includes an economic calendar and proprietary tools like +Insights, which reflect aggregated client sentiment.

• Basic trading guides
• Market news updates
• Video tutorials
• Ebooks
• Webinars

While research depth is adequate for beginner-to-intermediate users, the absence of professional-grade tools like Reuters feeds limits its appeal for advanced traders.

Check TradingFinder's Forex education and Crypto tutorial sections for additional resources.

Plus500 vs Other Brokers

The table below compares Plus500 features and services with other popular brokers:

TF Expert Suggestion

Plus500 high Trustpilot rating of 4.1/5 from over 13,000 user reviews and its availability in over 50 countries suggest that this broker has successfully attracted Forex and CFD traders worldwide.

Despite that, many traders mention the lack of investment options, such as copy trading, and the unavailability of MT4 and MT5 trading platforms as the main downsides of trading with this broker.