Plus500 Review

★ 4.2/5

Trust Score: 88/100?

Publicly listed (LSE) CFD broker with a simple proprietary platform, popular for its clean mobile trading experience.

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Spreads by Pair (Pips)

EUR/USD

0.8

GBP/USD

—

USD/JPY

—

XAU/USD

—

US OIL

—

BTC/USD

—

Trading Conditions

Min Deposit

$100

Max Leverage

Not stated

Avg Spread

From 0.8 pips

Commission

$0 (Spread-only model)

Account Types Offered

Account	Platform	Spreads	Comm.	Min Dep	Leverage
Standard	Plus500 WebTrader	From 0.8 pips	$0	$100	1:30
Professional	Plus500 WebTrader	From 0.5 pips	$0	$100	1:300
Swap Free	Plus500 WebTrader	From 0.8 pips	$0	$100	1:30

Broker Details

Minimum Trade Size

Proprietary (No standard MT lot)

Maximum Leverage

Not stated

Minimum to Open Live

$100

Established

—

Address

Israel HQ (TASE-listed); Plus500UK Ltd (FCA), Plus500CY Ltd (CySEC)

Contact

Contact form and live chat only

Regulators

FCA (UK), CySEC (Cyprus), ASIC (Australia), MAS (Singapore), FSA (Seychelles)

Prohibited Countries

Kenya, Nigeria, USA (except futures), FATF sanctions

Dealing Desk

✅ Yes

Web Trading

✅ Yes

Mobile Trading

✅ Yes

Trading Instruments

Currencies

Multiple pairs including majors, minors, exotics

Cryptocurrencies

Crypto CFDs available (not in Canada, UK retail pro-only)

CFD

2,800+ instruments across Forex, Shares, Indices, ETFs, Commodities, Options, Futures, Crypto

Trading Conditions & Methods

EAs/Robots: NoNews Trading: YesScalping: YesCopy Trading: No

Deposit Methods

Visa, Mastercard, PayPal, Skrill, Bank Wire, Apple Pay (some regions)

Withdrawal Methods

Same as deposit; no Plus500 withdrawal fees

Pros & Cons

✅ PROS

+ Very simple, beginner-friendly interface
+ publicly listed and well-capitalized
+ tight spreads on major indices.

❌ CONS

− No MetaTrader or cTrader support
− limited research/education tools
− wider gold/crypto spreads than ECN brokers.

About Plus500

Plus500 is a London Stock Exchange-listed broker offering a streamlined, easy-to-use proprietary trading platform for forex and CFDs. It doesn't offer MetaTrader, focusing instead on its own simplified web and mobile apps.