
Plus500 Forex Review 2026
80% of retail FX and CFD accounts lose money.
Plus500 - At a Glance
- 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
- 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
- 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
- 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
- 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
- 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
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
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- 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