Plus500 Review

Today  Plus500 online broker is one of the leading CFDs trading platforms. It works with the following financial instruments: Forex, ETFs, stocks, commodities and stock indices.  

In this Article show

Plus500 Key Features

Demo Free Demo Account
Regulation FCA (UK), ASIC (Australia), CySEC (Cyprus), FSB (Russian Federation), ISA (Israel.
Exchange Listed Yes
Minimum deposit $100
Deposit Options PayPal, Bank Transfer, Moneybookers, Skrill, Credit Card
Withdrawal Options PayPal, Bank Transfer, Moneybookers, Skrill, Credit Card
Tradable assets Forex, Commodities, CFDs, Indices, ETFs, Stocks, Futures, Options, Cryptocurrencies
Cryptocurrencies Bitcoin Cash, Bitcoin, Cardano, NEO, Litecoin, Ripple, Monero, Stellar, TRON, EOS, Ethereum, IOTA.
Maximum leverage 1:30 (FCA), 1:30 (ASIC), 1:30 (CySEC), 1:30 (FSB), 1:30 (ISA), 1:30 (MAS).
Trading Platforms Plus500
Commission for transactions No
Fixed spreads No
OS Compatibility Desktop platform (Windows), Desktop platform (Mac), Web platform
Supported languages English, Spanish, German, French, Arabic, Russian, Portuguese, Chinese, Greek.
Mobile trading Android, iOS
Accepts US customers Not

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Plus500 Review- Let’s start

Plus500 brand rights and all management functions of the Plus500 platform are concentrated in the hands of Plus500 Ltd; Plus500 Ltd is listed on the primary market of the London Stock Exchange.

Plus500 Ltd was listed in 2013 and by 2014 had a market capitalization of $ 1 billion. Today, the Plus500 brand is used by several subsidiaries that operate under the parent company Plus500 Ltd wing. 

Plus500 Review

Plus500 Regulation

At the time of writing this Plus500 review, the company is represented in the UK by the Plus500bUK Ltd and overseen by the UK Financial Conduct Authority (FCA, FRN 509909). The Plus500 brand is also used by Cyprus Ltd, whose activities are regulated by the CySEC (Cyprus Securities and Exchange Commission, License). The brand is represented in Australia, New Zealand and South Africa by Plus500 AU Pty Ltd and is under the Australian Securities and Investment Commission (ASIC, AFSL # 417727).

Plus500 uses only the latest technologies in its activities. It allows its clients to provide a safe and reliable environment for transactions with more than 2,000 financial instruments. 

Is Plus500 Reliable? Is Plus500 Thruthworthy?

Plus500 has been on the market for 12 years. As a result, the company built a reputation as a reliable broker worthy of its clients’ trust. The broker has always positioned itself as an industry leader in innovation, constantly introducing new products and services and striving to meet all the needs of its clients

However, Plus500’s reliability depends not only on the quality of the services it provides to traders.  The company is listed and boasts an enviable capitalization on the London Stock Exchange. After all, Plus500 reviews and ensures that its operations are fenced in and fully comply with international legal regulations. However, do not forget that the company is under Great Britain, Cyprus and Australia.

Plus500 provides additional security guarantees for its customers:

  • All customer funds are held in a segregated bank account, in full compliance with the rules of the Financial Conduct Authority;
  • Plus500 CY Ltd uses only its funds to hedge risks without involving client funds in these operations;
  • Plus500 CY Ltd does not transfer client funds to counterparties for hedging operations;
  • Plus500 CY Ltd, on its initiative, does not carry out speculative transactions in the market;
  • Plus500 CY Ltd is not associated with corporate or national debt;
  • Plus500 CY Ltd does not invest money if it’s clients. 
Plus500 Review

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account

Risk Warning
Cryptocurrencies availability subject to regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

Plus500 Trading Platforms

Plus500 provides its clients with the most advanced trading platforms. Users can choose web-based platforms. The web-based version does not require any download or installation, so that can easily access this platform anywhere in the world.

Plus500 Mobile App

Plus500 trading platforms are not only available in a web browser. Traders who want to trade from their smartphones or other mobile devices can use the mobile app.

During this Plus500 review, we tested the full range of mobile versions which are available on Android, iOS and Windows. The iOS application allows customers to conduct transactions on iPhone, iPad and Apple iWatch around the clock. The Android app is also stable and supports many types of technical assets.   

Plus500 Platform Interface

The user interface of Plus500 is intuitive and straightforward. The trading screen divides into three main sections; the left side of the screen locates the menu. 

There is an asset selection dialogue While the upper section of the trading screen; in the lower part – a trading chart by the user choice – linear or – “trading candle-sticks.” 

Plus500 Review

Also, to help the user, various technical indicators be applied to the quotation chart to conduct an in-depth analysis of price fluctuations. It can adjust the time range of the chart from 1 minute to 1 week.   

In addition to the mentioned trading instruments, in this Plus500 review we will also cover the platform’s essential risk management tools: Closing with profit; Closing with Loss; Guaranteed Stop; Trailing Stop; Price Alerts.   

  • Close at Profit” – allows you to automatically close the transaction upon reaching the specified level of profitability. 
  • Close at Loss” – allows you to automatically close a deal if the loss has reached a certain level.
  • Guaranteed Stop” – a guaranteed stop allows you to set an absolute limit on potential losses, regardless of the possible “slippage”. This tool is handy for markets with extreme volatility.
  • Price Alerts” – a price level notification will warn you that an asset’s quote has reached a certain level.  Unlike a stop order, a price level notification will not close the trade but keep you informed of market events.  

Plus500 Trading Accounts

Plus500 is committed to being as simple as possible and only offers two types of trading accounts to its clients: standard trading and demo accounts. The report opens quickly. Just click on “Create an account“, and it will take you to the registration page.

On a separate page, you can choose between actual money trading or a Demo account. To get started, we recommend selecting a Demo account. Setting a Demo account is worth it since, if you are a new user, you will always switch to actual money trading.  Once you select the training mode for your account, it will take you to the registration page. To enter the required information, click “Create Account”. To help open a trading account, to open a pop-up chat window, you need to click Live Chat.

After confirming the correctness of all the data by clicking “Create Account”, it will take you to the trading screen. To make transactions with real money, you need to select the “Real Money” mode in the menu – on the left side of the trading screen.    

Plus500 Commissions and Spreads

When choosing a broker just remember that one of the critical factors is the cost of the transaction. The price can divide into two categories: commissions and spreads.

Plus500 Review

At the time of writing this Plus500 review, there are no commissions for the transaction. Instead, traders must pay a small spread when trading assets. The list below shows the usual Minimum Spreads of the Plus500 platform. (Attention: the spreads are dynamic).

  • Gold (XAU)                   0.03%
  • EUR / USD                    0.01%
  • GBP / USD                    0.01%
  • EUR / GBP                    0.03%
  • UK 100                          0.01%
  • ASX 200                       0.01%
  • FDAX                            0.01%
  • USO Oil Fund (ETF)     0.29%
  • Brent oil grade             0.04%
  • Wheat                          0.25% 

Plus500 Review – Deposit and Withdrawal options  

Depositing and withdrawing media from Plus500 are simple procedures. The following payment methods are supported:

  • Major credit cards such as VISA, MasterCard;
  • Bank transfer;
  • Paypal;
  • Skrill.

To make your depositing even more accessible, see the following steps:

  • Step 1: Click on “Funds Management” and select “Deposit“;
  • Step 2: Choose your preferred deposit method;
  • Step 3: Fill in the required fields and click “Submit“.

The withdrawal of funds occurs in the same way as the replenishment of the account.

Plus500 Review

Plus500 Review

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account

Risk Warning
Cryptocurrencies availability subject to regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

Instead of depositing in the “Funds Management” section, you should choose the withdrawal option. Usually, the withdrawal request is processed in 1-3 business days.  

After the withdrawal request is approved, you still have to wait a couple of extra days to see the funds in the account:

  • Credit cards: according to the required time to process bank transactions;
  • Bank transfer: usually five business days;
  • Electronic wallets: 3 to 7 business days.

 Plus500 Fees & Charges

Plus500 trading platform has the following fees & charges, which we found very competitive compared to other best CFD brokers.

Premium – “Premium” is an overnight fee, either added or subtracted to/from the account if the position is left open after a specific time – the “Premium Time”. This time varies from instrument to instrument and can be found in the “Details” link next to the financial instrument’s name on the main screen of the platform.

Inactivity Fee – If you are inactive on the platform for three months, there is a $10 inactivity fee. That is to offset the cost incurred in making the service available, even though it has not been used. You will pay the fee from the Real Money account if you have sufficient available funds. If you want to avoid paying this fee, log into your trading account from time to time. This seems to be enough to count for sufficient activity.

Guaranteed Stop Order – a feature that many brokers do not offer, is offered for a charge at Plus500. If the position closes at a particular Stop Order indicated by you, you will be charged this fee.

Rollover Adjustment – when a futures contract reaches its expiration date and an automatic roll-over is defined for the position, all such positions and orders are automatically rolled over to the next futures contract. This service is also subject to a conversion currency fee. 

Plus500 Review – Customer Support.

Plus500 review of the customer support confirmed its availability 24 hours a day and is open seven days a week. In addition, traders can contact support via email or live chat.  To facilitate the communication process for non-English speaking customers, Plus500’s website and trading platform are available in 31 languages. The main languages supported are German, French, Chinese, Malay, Polish, Russian, Dutch, Italian, and Arabic. 

 Is Plus500 a Scam or Legit? 

The answer to this question will be short and precise. Plus500 is not a scam and is a legitimate CFD broker. It is one of the most popular and reliable CFD brokers currently available on the market; moreover, it has solid financial standing.

It is a publicly-traded company listed on London Stock Exchange and is regulated in 6 different jurisdictions, including the United Kingdom. It is trusted by more than 200,000 active users across the globe, and the company is on the mission to democratize investing and trading. 

Final Verdict –  

Pros / Cons
  • Award-winning Trading Platform
  • Tight Spreads
  • Listed FTSE250 company
  • 24/7 Support
  • Mobile Apps
  • No direct market access
  • Inactivity Fee
  • No Social Trading

Plus500 Review –  

As you could have guessed from this Plus500 review, our experience with this online broker was very positive, and we can recommend Plus500 for trading Bitcoin, Ethereum and other cryptos. Therefore, when choosing a reliable trading platform, the Plus500 CFD broker is definitely on the top of our list.

One of the critical advantages for this broker is the company’s financial standing and regulatory framework. Plus500 is a publicly traded company listed on the London Stock Exchange and is among the top 250 largest companies in the UK. In addition, Plust500 is authorized and regulated by FCA in the UK and authorities in Cyprus, Australia, Singapore and Seychelles.

Plus500 also offers support in 25+ different languages 24/7. In addition, plus500 has been a pioneer of online trading and were the first broker to provide Bitcoin CFDs. The company continues to invest in developing its trading platform, and today it has one of the most advanced and sophisticated platforms on the market. The beauty of the Plus500 trading platform is that it has all the functionality of this professional trading terminal but is very intuitive and easy to use.

And Plus500 Free Demo Account will help you learn the ropes of trading even for those with no prior trading experience, and you can learn risk-free.  Ultra-low spreads, no commissions,super-fast order execution speed and award-winning mobile apps are among the other features many traders find extremely useful and exciting. However, one of the potential disadvantages is that Plus500 does not offer social trading capability like FOREX.com

But the rumours are that Plus500 is in discussions with ZuluTrade, so hopefully, we soon will see Plus500 on its largest social trading network. Other than that, after completing this Plus500 review, we can recommend Plus500 as a reliable trading platform where you can invest in all major cryptocurrencies with peace in mind.  

Based on our Plus500 review, we can state that the broker offers an impressive set of instruments. Mainly, it is the functionality and simplicity of this web-based trading platform. The fact that Plus500 is registered on the primary market of the London Stock Exchange is an additional factor in confirming the reliability and trustworthy choice for a trader.   

As for the quality of Plus500’s services, the broker has demonstrated the ability to meet the requirements of almost all traders’ categories on the market. Therefore, it comes as no surprise that Plus500 is one of the most popular online trading brands.

Plus500 Review

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account

Risk Warning
Cryptocurrencies availability subject to regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

In-Depth Plus500 Review & Analysis

Plus500 is a leading Contracts for Difference (CFD) provider providing trading opportunities in stocks, forex, commodities, cryptocurrencies, ETFs, options and indices, along with innovative trading technologies. 

The Plus500 trading platform was created by Plus500UK Ltd, which is authorized and regulated by the Financial Regulation and Supervision Authority (FCA) with Contracts for Difference (CFDs).

The company is a fast-growing CFD provider in the European and Asian markets. Its portfolio includes more than 1,000 tools for more than a million customers.  

Plus500 in 2020

  • More than 82 million positions opened,
  • More than 430 thousand active clients,
  • Trade value – over $ 1700 billion.

Plus500 – Clients Money

After opening an account, Plus500UK Ltd will ensure the storage of your funds by the FDA regulations for clients.   

Plus500 – Client Funds Protection

When you open an account with Plus500, it will hold your money following the UK Financial Conduct Authority’s customer funds protection policy. According to these rules, Plus500 deposits each client’s money into a separate bank account.

The Plus500 – is it a Highly rated CFD broker?

Plus500 is one of the highest-rated CFD trading apps on the Apple App Store and Google Play as it is self-explanatory but has many advanced features.

Plus500 Strategy

Plus500 review has laid a solid foundation on which it is well-positioned to support future growth. In addition, Plus500’s strategic priorities today distinguish and will continue to differentiate Plus500 from its competitors and are fundamental to Plus500’s future success.

Plus500 Objectives

Continue to acquire New Clients and keep Active Clients.

Plus500’s marketing has been and will continue to drive new customer growth in Plus500’s current markets and potential new jurisdictions. These innovative marketing initiatives enable Plus500 to deploy targeted marketing resources and design high-impact marketing campaigns by monitoring and controlling customer acquisition costs using data analytics tools and proprietary algorithms. 

Increase in trading volume from Active Clients on the Trading Platform.

Plus500’s continued focus on innovation, best-in-class user experience and breadth of offerings are vital elements driving Active Clients on the Trading Platform.  Plus500’s continued emphasis on innovation will allow it to remain one of the first in the market, bringing new instruments that customers deem desirable, such as highly rated newly listed stocks.

Increasing market share in existing jurisdictions and expanding in new jurisdictions.

Plus 500 intends to increase its market share in its jurisdictions and expand the geography of coverage by attracting new customers in new jurisdictions. At the same time, it is also necessary to focus on attracting New Customers from regulated markets, especially from Western Europe.   

Leadership in innovation and research and development (“R&D”).

Since its inception, Plus500 has devoted significant attention to its technological advancements and development innovations. The development and implementation of new financial instruments, according to Plus 500, is necessary to create a loyal and motivated customer base and their successful growth. Plus500 is the industry leader in the CFD sector for mobile innovation and customer satisfaction.

Continued optimization of its operating model to further improve financial performance. 

Continuous investment and development of the Marketing Machine will allow Plus500 to enhance further its ability to acquire New Customers efficiently and cost-effectively. Plus500 patent’s technology allows it to operate in new markets and new geographical regions without the need for a mandatory physical presence at the location of its structural units. Among other benefits, this significantly reduces the capital costs required for such geographical expansion.  

Plus500 Mission

As the № one global CFD provider, Plus500 will continue to lead the way in technology and innovation, attracting new and existing customers. 

Plus500 Investment Universe. 

All instruments available for trading using the CFD service:    

Plus500 Review – Trading with Confidence.

  • Plus500 Ltd is an FTSE 250 company listed on the Main Market of Listed Companies of the London Stock Exchange,
  • Your funds are kept in segregated bank accounts,
  • The account is secured with SSL.

Plus500 Review

Plus500 Review

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account

Risk Warning
Cryptocurrencies availability subject to regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

Plus500 Risk Management Tools

Plus500’s advanced tools and features give you control over your account:

  • Stop Limit / Stop Loss / Trailing Stop;
  • Guaranteed Stop;
  • Negative balance protection;
  • FREE email and push notifications for market events;
  • Alerts about price movement,% change and trader sentiment.

Plus500 Market Research

Plus500 clients have the opportunity to trade in the world’s most popular markets and explore endless trading opportunities. Plus500 offers over 2000 financial instruments, FREE real-time quotes and dedicated 24/7 customer support.

Market indices.

Market indices are trading CFDs on the latest trends. The industry indices that Plus500 clients can trade are:

  • Real Estate Giants Index;
  • Crypto Index 10;
  • Cannabis Stock Index;
  • NYSE FANG Index.
  • The BUREGI Real Estate Giants Index. – It follows the 30 largest publicly listed real estate companies in North America.
  • Index Crypto 10, Crypto10Tracks and evaluates the performance of the top 10 cryptocurrencies on the market, including Bitcoin, Ethereum, and more.
  • BIGBANG Cannabis Stock IndexIt is a unique index that follows the world’s leading medical marijuana stocks – Aurora Cannabis, Canopy Growth, Tilray and more.
  • NYSE FANG + FNG IndexIt is a popular stock market index for ten next-generation tech companies – Facebook, Amazon, Netflix, and more.
Plus500 Review

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account

Risk Warning
Cryptocurrencies availability subject to regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

Benefits of trading industry indices.

  • More features – The unique Plus500 indices allow you to trade CFDs on a basket of stocks representing a sector.
  • Extended exposure – You can spread your potential profit or loss across one instrument – instead of choosing specific stocks.
  • Ability to join this trend – Sector Index CFDs offer a great way to capitalize on popular trading trends in the stock market.

Why Plus 500?

✅  It is a Licensed CFD Provider

Numerous financial authorities regulate Plus500 in multiple jurisdictions.

✅. Trading using leveraged funds

Plus500 offers thousands of instruments with up to 1: 300 leverage. 

✅. Dedicated Customer Service

Plus500 provides 24/7 support in multiple languages via email and live chat.

✅. No trading commissions.

When trading with Plus500, you will receive zero commissions for opening or closing trades and much more.

✅. Risk Management

Advanced risk management tools are provided to lock in profits and limit losses.

✅. Secure Transactions

It is the ability to deposit and withdraw funds using popular payment methods such as Visa and MasterCard.

Plus500 Review – Frequently Asked Questions.

s Plus500 a regulated broker?

Yes. Plus500 is subject to regulation in three countries. First, Plus500 is regulated by the FCA in the UK (FRN 509909). 

The Plus500 brand is used by Plus500AU Pty Ltd, an ASIC regulated subsidiary (AFSL № 417727) in South Africa, Australia and New Zealand. 

Plus500 is also used by Plus500CY Ltd and is subject to CySEC regulatory activities (License No. 250/14). 

Trust in Plus500: Is Plus500 a scam?

Plus500 meets all regulatory requirements that are designed to protect traders. 

The broker also complies with international operating standards, and its traders are protected by the UK and Cyprus financial services compensation program. 

Plus500 is listed on the primary market of the London Stock Exchange.

How does Plus500 make money?

Plus500 earns by charging traders a small percentage of their asset transactions. 

Plus500 spreads are quite competitive against other Forex and CFD brokers.

How do I fund my Plus500 account?

You can fund your Plus500 account by credit card, bank payment or e-wallet. 

To fund your account, go to this page and just follow these steps:

- Step 1: Click on "Funds Management" and select "Deposit";

- Step 2: Choose your preferred deposit method;

- Step 3: Fill in the required fields and click "Submit".

How do I withdraw funds from Plus500?

Withdrawals from Plus500 are possible using credit cards, bank payments and e-wallets. 

The initiation of withdrawal of funds is the same as the replenishment of the account.

Instead of depositing in the "Funds Management" section, you should choose the withdrawal option.

Usually, the withdrawal request is processed in 1-3 business days.   

How do I open an account with Plus500?

Opening an account with Plus500 is easy, and the entire short procedure can be done online. Simply complete the quick registration form on the Plus500 website or app, following all instructions.

Is Plus500 reliable?

Yes. The company is listed on the primary market of the London Stock Exchange and present on the market since 2008. 

Plus500 is regulated by the UK FCA (Financial Conduct Authority, FRN 509909), the Cyprus Securities and Exchange Commission (CySEC, License No. 250/14) and the Australian Securities and Investments Commission (ASIC, AFSL No. 417727).

Does Plus500 use the MetaTrader platform?

No. Plus500 does not use the MetaTrader trading platform. 

Plus500 offers its trading platform software which is available as a web-based version and a mobile app.

What is the maximum leverage that Plus500 can use?

The leverage depends on the financial instrument and can be up to 1:30 on the Plus500 platform. Plus500's influence correlated with the needs and requirements of the client. 

The leverage offered looks attractive compared to the competition.

How to identify trends in the stock market?

The ability to identify and capitalize on trends - in both rising and falling markets - is what many day traders hope for. 

As a tool for potentially achieving this goal, you can use trend or momentum tracking indicators. These include:
- Moving Average;
- Bollinger Bands;
- Relative Strength Index.

They are offered to Plus500 traders for free.  

What is the difference between trading stocks and indices?

When trading CFDs, you do not buy or sell the underlying assets but rather trade based on their price changes, and therefore trading stocks and indices are relatively similar. 

However, there are two notable differences:

Individual and combined;

A company's shares represent the value of its equity capital; that is, changes in the share price are determined primarily by its performance. 

Examples of popular CFDs include Apple, Facebook, and Amazon.

The stock index acts as a benchmark for a selected group of stocks in the stock market, which means that its price matches several companies. 

Stock indices can divide into two groups:

- Specialized indices that track the performance of specific sectors and industries in the market;

- Regional and country indices (large companies listed on national stock exchanges). For example, US 30, Germany 40, and Japan 225;

Maximum leverage ratio;

The leverage available for trading index CFDs at the Plus 500 level is up to 1: 150, which means that for just EU 100, you can get a capital effect of EU 15,000.

The leverage ratio available for stock CFDs is up to 1:20.

How to identify the leading instrument in the industry?

Some stocks perform better than others, which is why finding the top stocks in a sector or industry is something that many traders focus on. 

Some traders choose to select leading stocks by analyzing the past performance of large companies - looking for the latest market drivers and trending assets.

While this is a popular form of trading among traders, the alternative is to spread your risks by trading in the leading sectors of the market.

What tools can you use to trade the hottest trends?

In addition to charting indicators, we offer a range of easy-to-use and practical trading tools that you can use in your stock market trending trading tools and strategies. 

These and many other indicators are offered to Plus500 traders for free.  

Alerts 1. - get real-time notifications about alerts about prices, percentage changes and traders' sentiment (% of buyers vs Sellers%).
Economic Calendar - discover the leading news and corporate events to watch out for in the coming days.
Risk Management - Set up stop orders that will allow you to control your potential gains and losses from a trading position.

Plus500 Review

FREE Demo

? UK's N1 CFD Broker
✅ No commissions
? Traditional Assets & Crypto
? Free Demo Account