Plus500
- Trust score
- 8/10
- Legal simplicity
- 2/10
- Min. deposit
- 100
- Payment systems
Features
- Available to US customers
- Low minimum deposit
- Islamic (swap-free) accounts
- Segregated client funds
- Affiliate program
- Wide range of trading instruments
Pros
- Regulated by the FCA
- Also licensed by CySEC and ASIC
- Huge range of CFD instruments
- Low spreads
Cons
- No MetaTrader 4 support
- Limited technical analysis tools
Updated:
Founded in 2008 in Israel, Plus500 is a CFD provider listed on the main market of the London Stock Exchange, with offices in Cyprus, the UK, Australia, and New Zealand. It serves over 200,000 active traders and holds licenses from regulators including the FCA, CySEC, ASIC, and the New Zealand FMA. Trading runs on its own WebTrader platform and mobile apps rather than MetaTrader 4, covering more than 2,800 CFD instruments with a minimum deposit starting at $100.
Plus500 is a CFD broker offering a $100 minimum deposit, Islamic accounts, and services for US customers, regulated by the FCA, CySEC, and ASIC among other authorities.
Plus500 is a CFD (contract for difference) broker founded in 2008 in Israel, with offices in Cyprus, the UK, Australia, and New Zealand. The company is listed on the main market of the London Stock Exchange and serves more than 200,000 active traders, who together opened over 35 million positions worth $1,310 billion in a single year. Plus500 has also sponsored the Spanish football club Atlético Madrid.
Regulation and licenses
Plus500 operates through several regulated entities depending on the trader's jurisdiction:
- Plus500UK Ltd — authorised and regulated by the FCA (#509909)
- Plus500CY Ltd — authorised and regulated by CySEC (#250/14)
- Plus500SG Pte Ltd — licensed by the MAS (#CMS100648-1)
- Plus500AU Pty Ltd — licensed by ASIC in Australia (AFSL #417727), the FMA in New Zealand (FSP #486026), and as an Authorised Financial Services Provider in South Africa (FSP #47546)
- Plus500SEY Ltd — authorised and regulated by the Seychelles Financial Services Authority (#SD039)
- Plus500EE AS — authorised and regulated by the Estonian Financial Supervision and Resolution Authority (licence #4.1-1/18)
- Plus500AE Ltd — authorised and regulated by the Dubai Financial Services Authority (F005651)
Leverage
Leverage depends on the regulator. Traders under CySEC or FCA are capped at 1:30. Traders under ASIC or the New Zealand FSP can access up to 1:300 on forex, 1:20 on stocks and indices, and 1:30 on cryptocurrencies.
Account types
Plus500 offers a single standard account for all clients, with additional perks available as trading volumes rise. Traders following Sharia principles can use an Islamic (swap-free) account.
Fees and minimum deposit
Plus500 runs a spread-only pricing model with no separate commissions. The spread on EURUSD starts from 0.6 pips. Withdrawals are free, with a $100 minimum, and accounts inactive for more than three months are charged a fee of up to $10. The minimum deposit starts at $100 and varies by jurisdiction.
Trading instruments
The broker offers more than 2,800 CFD instruments across indices, stocks, commodities, currency pairs, ETFs, CFD options, and cryptocurrencies.
Trading platforms
Plus500 runs on its own WebTrader platform, a browser-based interface that needs no download, plus mobile apps for Android and iOS. MetaTrader 4 is not supported.
Verdict
Plus500 is a well-regulated, publicly listed CFD provider with a wide instrument range and transparent spread-only pricing. Its proprietary platform is straightforward, but the lack of MetaTrader 4 and advanced technical-analysis tools may limit traders who rely on those features. Plus500 discloses that 82% of retail investor accounts lose money when trading CFDs with the company, so the product suits traders who understand and accept that risk.
