Plus500 Review
Key Facts
Regulation
FCA · ASIC · FMA+10 more
Broker Type
Market Maker
Min. Deposit
$100
Platforms
Plus500 Moboile App, Plus500 Web Platform
Fees
Low
Max Leverage
1:300
Demo Account
Yes
Our Ratings
4.5
out of 5
Safety & Regulation4.7
Fees & Costs4.3
Platforms & Execution4.1
Education4.4
80% of retail FX and CFD accounts lose money.
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
- +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
Plus500 - At a Glance
Trading Conditions
- Broker Type
- Market Maker
- Minimum Deposit
- $100
- Maximum Leverage
- 1:300
- Spread Type
- Variable
- Spread From
- 0.9 pips
- Commission
- No commission
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Hedging
- No
- Scalping
- No
- Assets Offered
- Forex, CFDs
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- No
- Social / Copy Trading
- No
- Bonuses
- Yes
- Contests
- No
Platforms & Tools
- Trading Platforms
- Plus500 Moboile App, Plus500 Web Platform
- One Click Trading
- No
- OCO Orders
- No
- Trailing Stop Loss
- Yes
- API Access
- No
- VPS Hosting
- No
Company
- Regulation
- FCA (United Kingdom), ASIC (Australia), FMA (New Zealand), CySEC (Cyprus), FSCA (South Africa), EFSA (Estonian), DFSA (United Arab Emirates), JSFA (Japan), FSA (Seychelles), MAS (Singapore), SCB (Bahamas), CIRO (Canada), ISA (Isreal)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- Matam, Building 10.2, Haifa, 3115001, Israel
- International Offices
- United Kingdom, Japan, Australia, Cyprus, Isreal, Seychelles, Singapore, Estonia
- 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
- 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