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Plus500

Plus500 Review

β˜… 4.2/5
Trust Score: 88/100?

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

Visit Plus500 β†’

Spreads by Pair (Pips)

EUR/USD

0.8

GBP/USD

β€”

USD/JPY

β€”

XAU/USD

β€”

US OIL

β€”

BTC/USD

β€”

Trading Conditions

Min Deposit

$100

Max Leverage

1:300 (Pro) / 1:30 (Retail)

Avg Spread

0.8 pips

Commission

$0 (Spread-only model)

Account Types Offered

AccountPlatformSpreadsComm.Min DepLeverage
StandardPlus500 WebTraderFrom 0.8 pips$0$1001:30
ProfessionalPlus500 WebTraderFrom 0.5 pips$0$1001:300
Swap FreePlus500 WebTraderFrom 0.8 pips$0$1001:30

Broker Details

Minimum Trade Size

Proprietary (No standard MT lot)

Maximum Leverage

1:300 (Pro) / 1:30 (Retail)

Minimum to Open Live

$100

Established

β€”

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

βœ… Yes

Web Trading

βœ… Yes

Mobile Trading

βœ… 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

βœ… 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.

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Quick Facts

Foundedβ€”
Headquartersβ€”
Regulation
FCA (UK)CySEC (Cyprus)ASIC (Australia)MAS (Singapore)FSA (Seychelles)
Platforms
Plus500 proprietary WebTrader & mobile app
Islamic AccountYes

Ready to start trading?

Visit Plus500

Trading involves risk. Only invest what you can afford to lose.

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