Plus500

Company Overview

Plus500 is an online trading provider offering 2,800 CFDs across crypto, indices, forex, commodities, stocks, and ETFs. Founded in 2008 and headquartered in Israel, the firm also operates offices in the UK, Cyprus, Australia, and Singapore. It is authorized and regulated by multiple authorities, including the FCA (UK), CySEC (Cyprus), and ASIC (Australia). The platform is available in 50+ countries and supports 30+ languages.

Pros & Cons

• Pros: user-friendly proprietary platform, wide market coverage, competitive spreads, zero commissions on trades.

• Cons: no MT4/MT5 support; an inactivity fee may apply—traders who require MT platforms or want to avoid such fees might consider alternatives.

Reliability

Plus500 is publicly listed on the London Stock Exchange, which enhances transparency and accountability. It has operated since 2008 with a broad, stable client base. Still, no broker is entirely risk-free—conduct your own due diligence before funding.

Client Protection

Measures include regulatory oversight, risk-management tools (e.g., stop loss, take profit, guaranteed stop for a fee where available), and encryption to safeguard personal and financial data.

Our Verdict on Trustworthiness

Overall, Plus500 appears reliable with strong emphasis on client protection and risk controls. Nevertheless, traders should carefully assess their risk tolerance and investment goals prior to trading.

Markets & Instruments (CFDs)

• Total: ~2,800 CFDs

• Forex: 65 pairs

• Stocks: 1,623 CFDs from global markets

• Indices: 34 major benchmarks (e.g., S&P 500, Nasdaq, FTSE 100)

• Commodities: 23 (precious metals, energy, agriculture)

• Crypto: popular assets such as Bitcoin, Ethereum, Litecoin

Accounts

• Real account: minimum deposit $100; real-time pricing; access to all 2,800+ instruments; built-in risk controls; no trading commission (costs embedded in spreads).

• Demo account: free, unlimited duration, virtual funds, mirrors live market tools—ideal for learning the platform and testing strategies.

Leverage

• Retail (EU): up to 1:30 for forex; other assets typically 1:5–1:30.

• Professional: up to 1:300 (where eligible).
  Leverage magnifies gains and losses—use it prudently.

Spreads & Fees

• Variable spreads depending on market conditions.

• Example: EUR/USD spread around 0.00016.

• No commission on trades; revenue derives from the spread.

Trading Platform

Plus500’s in-house web platform (also available on mobile/desktop) is intuitive with price alerts, real-time charts, and technical tools. It’s well-designed for most users, though some advanced features found on specialist platforms may be absent.