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Written by Adam Peters
Broker Analyst
Updated
Plus500 logo

Plus500 Forex Review 2026

Our Ratings
3.9
out of 5
Safety & Regulation4.6
Fees & Costs3.4
Markets & Products3.9
Platforms & Execution3.5
Deposit & Withdrawal3.8
Trading Tools & Research3.5
Account Opening4.5
Customer Service4.5
Education3.9
Key Facts
Regulation
FCA, ASIC, FMA, CySEC, FSCA, EFSA, DFSA, JFSA, FSA Seychelles, MAS, SCB, CIRO, ISA, CFTC
Broker Type
Market Maker
Min. Deposit
$100
Platforms
Plus500 Mobile App, Plus500 Web Platform
Negative Balance Protection
Varies
Max Leverage
1:300
Demo Account
Yes
Spreads From
0.9 pips

80% of retail FX and CFD accounts lose money.

Plus500 - At a Glance

Company & Overview
Established
2008
Headquarters
Matam, Building 10.2, Haifa, 3115001, Israel
International Offices
United Kingdom, Japan, Australia, Cyprus, Isreal, Seychelles, Singapore, Estonia
Publicly Traded
Yes
Broker Type
Market Maker
Regulation
FCA (United Kingdom), ASIC (Australia), FMA (New Zealand), CySEC (Cyprus), FSCA (South Africa), EFSA (Estonia), DFSA (United Arab Emirates), JFSA (Japan), FSA Seychelles (Seychelles), MAS (Singapore), SCB (Bahamas), CIRO (Canada), ISA (Israel), CFTC (United States)
Segregated Client Funds
Yes
Negative Balance Protection
Varies

Offered on every licence, including Seychelles. Professional clients and the US futures arm are excluded.

Banking License
No
Languages
English, Czech, Danish, German, Estonian, Spanish, Greek, Croatian, Italian, Latvian, Lithuanian, Hungarian, Dutch, Norwegian, Polish, Portuguese, Russian, Romanian, Slovak, Slovenian, Finnish, Swedish, Turkish, Bulgarian, Hebrew, Arabic, Chinese (Simplified), Chinese (Traditional)
Customer Support
Live Chat, Email, Phone
Customer Support Hours
24/7
Account Types
Demo Account
Yes
Swap Free Account
Yes
Joint Account
No
Corporate Account
No

Not offered. Accounts are for personal use only.

Managed Account
No
PAMM / MAM Trading
No
Social / Copy Trading
No
Account Conditions
Minimum Deposit
$100
Payment Methods
Bank Transfer, Debit Cards, Credit Cards, Apple Pay, Google Pay, PayPal, Skrill, Neteller
Account Currencies
AUD, CAD, HKD, JPY, NZD, SGD, CHF, EUR, GBP, USD, ARS, BSD, BHD, BRL, CLP, CNH, CNY, COP, CRC, HRK, ISK, IDR, KWD, MYR, MXN, TRY, OMR, PAB, QAR, RUB, SAR, RSD, SCR, ZAR, KRW, TWD, THB, AED, UYU, CZK, DKK, HUF, NOK, PLN, RON, SEK, BGN, ILS
Maximum Leverage
1:300
Bonuses
Varies

Deposit and trading bonuses are prohibited for retail clients under ASIC, CySEC and FCA rules, so they are not available on those entities. Offered through the Seychelles entity where local rules permit.

Contests
No
Trading Conditions
Markets & Products
Forex, CFDs
Currency Pairs
69 FX pairs
Minimum Lot Size
0.01
Maximum Lot Size
100
Decimal Pricing
5 decimals
Order Types
Market orders and pending orders. Risk management orders are Close at Profit (take profit), Close at Loss (stop loss), Guaranteed Stop and Trailing Stop. Guaranteed Stop is available on selected instruments only, carries an additional spread charge, can only be set when opening a position, and cannot be removed once active. Close at Profit and Close at Loss are free but are not guaranteed to fill at the specified level.
Execution Type
Market maker, dealing desk
Margin Call Level
50% of initial margin
Stop Out Level
50% of initial margin
Hedging
No
Scalping
No
Fees & Costs
Spread Type
Variable
Spread From
0.9 pips
Commission
No commission
Overnight / Swap Fees
Yes
Deposit Fee
No
Withdrawal Fee
Varies

Five free a month, then USD 10 each. Anything under USD 50 by e-wallet or USD 100 by bank or card costs a further USD 10.

Currency Conversion Fee
Yes
Account Maintenance Fee
No
Inactivity Fee
Yes

Up to USD 10 a month after three months without logging in. The trigger is logging in, not trading, so simply checking your account avoids it.

Custody Fee
No
Platforms & Tools
Trading Platforms
Plus500 Mobile App, Plus500 Web Platform
Mobile App
Yes
API Access
No
VPS Hosting
No
Automated Trading
No

How Plus500's costs compare

Spread from (major pairs)0.9 pips
Catalogue median: 0.8 pips across 49 brokers · lower is cheaper
Minimum deposit$100
Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.

Pros & Cons

Pros

  • Strong global regulatory oversight
  • Listed on the stock exchange
  • Broad global market access through CFDs
  • Fast and easy account opening
  • Multiple fast and secure payment methods
  • Low minimum deposit
  • Negative balance protection
  • Demo account available for practice trading
  • Low forex trading fees
Show 6 more
  • Free deposit and withdrawal
  • Islamic (swap-free) accounts available
  • User-friendly mobile and web platforms
  • Great educational resources for all levels of traders
  • An inactivity fee is charged only if you do not log in to the platform
  • Good customer support service

Cons

  • Product offering limited to CFDs
  • High overnight financing rate
  • No support for TradingView, MT4, MT5, and cTrader
  • Restrictions on trading strategies
  • No integrated social, copy, and PAMM trading features
  • Research tools are fairly basic

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