Plus500 in a nutshell
- Minimum deposit
- $100
Plus500 is a leading multi-asset company that offers a wide range of financial instruments across its platforms, including CFDs, shares and futures, their availability depending on the regulation and trader’s residence. They first became famous with their CFD platform, offering more than 2800 instruments like forex, stocks, commodities, options, cryptocurrencies (availability subject to regulation), ETFs and indices. The platform is known for its user-friendly interface, offering trading on both desktop and mobile devices, as well as a comprehensive trading academy and educational resources for traders of all levels. With a strong regulatory presence and competitive fees, Plus500 is a popular choice for traders seeking a reliable and accessible trading experience.
- Zero fee on deposits and withdrawals
- User-Friendly Interface.
- Wide Range of Trading Instruments.
- Advanced research Tools
Plus500 stands out as a reputable and user-friendly broker in the competitive world of online trading. The platform offers a range of unique features and tools that cater to a wide range of traders. Here are some of the positive aspects of Plus500:
- User-Friendly Interface: Plus500’s platforms are designed with the trader’s experience in mind, offering user-friendly interfaces, intuitive navigation, and access to essential trading tools. This makes it easy for traders to navigate and use the platform.
- Beginner-friendly approach: Plus500 offers an unlimited demo account and a Trading academy to help novice traders settle on the platform. The Trading academy provides an extensive sources for guidance, including educational videos, an ebook, webinars and a rich FAQ section.
- Real-Time Data and Insights: Plus500’s unique features provide traders with real-time data and insights, enabling them to make timely decisions based on current market conditions. This includes technical and sentiment trends to help traders stay ahead of market trends.
- Push Notifications and Alerts: Plus500 provides push notifications and alerts to traders based on market events, price movements, and changes in its in-house trader sentiment indicator. This keeps traders informed and up-to-date on market developments.
- +Insights Tool: The +Insights tool is a trend exploration-driven feature that allows users to explore predefined measurements, such as most bought, most sold (shorted), most profit-making positions, and more. This provides valuable insights into the current market sentiment and popular trading positions.
- Instrument-Specific Insights: Plus500 offers an instrument-focused experience that allows users to dive deeper into individual instrument data. This includes information about the instrument’s popularity, views over the past 24 hours, and sentiment trends for a comprehensive understanding of how the market perceives specific trading instruments.
- Comparative Tools: Plus500’s platforms offer comparative tools that allow traders to compare the performance of different trading instruments, strategies, and behaviors. This feature provides a comprehensive view of how various trading choices are performing in the current market environment.
- Regulatory Compliance: Plus500 is regulated by reputable authorities including ASIC, CySEC, and FCA, ensuring that traders’ funds are safeguarded and that trading activities are conducted in a fair and transparent manner.
- Competitive Fees: Plus500 offers competitive fees for trading, with no hidden fees on CFDs and competitive spreads. This makes it an attractive option for traders looking for cost-effective trading solutions.
- Robust Trading Environment: Plus500’s platform provides a robust and secure trading environment, ensuring that traders’ accounts are protected and that trading activities are conducted in a reliable and responsive manner.
- Excellent Customer Support: Plus500’s customer support is highly rated, with traders praising the prompt and helpful assistance they receive. This is particularly important for traders who may need assistance with trading-related issues or have questions about the platform.
Overall, Plus500’s unique features, user-friendly interface, and robust trading environment make it an attractive option for traders seeking a reliable and user-friendly platform to trade various financial instruments.
- No support for Automated Trading
- Inactivity Fee of 10$/month on inactivity period of 3 months
- No support for Hedging And Scalping
- No support for MetaTrader and TradingView
Some of things that we disliked about Plus500 are:
- Limited Educational Resources: Plus500 lacks comprehensive educational resources for traders, particularly beginners.
- Limited Account Options: Plus500 does not offer micro or cent-type accounts, which allow trading with minimal risks and investments.
- No MetaTrader 4: Plus500 does not offer the MetaTrader 4 platform, which is a popular choice among experienced traders.
- No Automated Trading: Plus500 prohibits automated trading, scalping, hedging, and insider trading, which may limit the trading strategies available to some users.
- Limited Alerts and Notifications: While Plus500 offers alerts and notifications, they are limited to email, SMS, and push notifications, which may not be as comprehensive as some other platforms.
Plus500 is a well-established online trading company that offers a wide range of financial instruments, including CFDs, shares and futures across three platforms and specific regulations. The company was founded in 2008 by alumni of the Technion Israel Institute of Technology with an initial investment of $400,000. It has since grown to become one of the largest CFD platforms globally, with over 23 million registered traders. Plus500 is a regulated broker, overseen by multiple financial authorities across the world. These authorities include the UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), New Zealand Financial Markets Authority (FMA), Singapore Monetary Authority (MAS), South African Financial Sector Conduct Authority (FSCA), the Estonian Financial Supervisory Authority (EFSA), Dubai Financial Services Authority (DFSA), and Financial Services Authority Seychelles. This extensive regulatory coverage indicates that the platform operates with transparency, integrity, and responsibility for its clients.
The company currently offers three platforms to their clients while planning on expanding to more markets.
The Plus500CFD platform operates in more than 50 countries in the world, providing traders with access to more than 2800 instruments in seven categories forex, cryptocurrencies (availability subject to regulation), stocks, commodities, indices, options, and ETFs, all available for trading with leverage. There are two types of accounts on the platform – demo and real. The demo account offers unlimited trading as it has no time restriction and also has the same features as the real account, so the traders can get a feel of the Plus500 platform with fictitious money. The real account requires a minimum deposit of $100 to start, along with passing the mandatory requirements to verify the account and fill out a questionnaire to determine the trader’s experience.
The Plus500Invest platform on the other hand gives traders the opportunity to trade with more than 2700 real shares from 17 exchanges around the world. However, this one is available in specific European countries only so one should check if they can access the Invest platform.
In recent acquisitions, Plus500 expanded on the US market with a future contracts platform, where more than 50 futures are at the disposal of traders to negotiate. The platform also comes in demo and real trading accounts, allowing US traders to practise first before diving in.
Plus500 is known for its competitive trading environment, offering low minimum deposits, competitive spreads and no hidden fees. The platform also provides a range of trading tools, including market data, analysis charts, and educational resources. Additionally, Plus500 offers a mobile trading app, allowing traders to access the platform on-the-go.
In summary, Plus500 is a reputable and regulated online trading company that offers a diverse range of financial instruments and account options. Its extensive regulatory coverage, competitive trading conditions, and user-friendly platform make it an attractive choice for traders and investors globally.
Plus500 is a well-established online trading company that offers a wide range of financial instruments, including CFDs, shares and futures across three platforms and specific regulations. The company was founded in 2008 and is headquartered in Israel, currently it also has a working subsidiary in the UK. Plus500 is a regulated broker, overseen by multiple financial authorities across the world, indicating that the platform operates with transparency, integrity, and responsibility for its clients.
The Plus500CFD platform operates in more than 50 countries in the world, providing traders with access to more than 2800 instruments in seven categories – forex, cryptocurrencies (availability subject to regulation), stocks, commodities, indices, options, and ETFs, all available for trading with leverage. There are two types of accounts on the platform – demo and real. The demo account offers unlimited trading as it has no time restriction and also has the same features as the real account, so the traders can get a feel of the Plus500 platform with fictitious money. The real account requires a minimum deposit of $100 to start, along with passing the mandatory requirements to verify the account and fill out a questionnaire to determine the trader’s experience.
The Plus500Invest platform on the other hand gives traders the opportunity to trade with more than 2700 real shares from 17 exchanges around the world. However, this one is available in specific European countries only so one should check if they can access the Invest platform.
In recent acquisitions, Plus500 expanded on the US market with a future contracts platform, where more than 50 futures are at the disposal of traders to negotiate. The platform also comes in demo and real trading accounts, allowing US traders to practise first before diving in.
Plus500 is known for its competitive trading environment, offering low minimum deposits, competitive spreads and no hidden fees. The platform also provides a range of trading tools, including market data, analysis charts, and educational resources. Additionally, Plus500 offers a mobile trading app, allowing traders to access the platform on-the-go.
The company has a strong financial performance, with consistent revenue growth over the years, reaching $726.2 million in 2023. Plus500’s EBITDA margin has been consistently above 50%, indicating efficient operations. The platform has a significant customer base, with a commitment to innovation and customer experience, ensuring a reliable and competitive trading environment.
Plus500’s proprietary technology stack supports its customers in every step of their journey with the platform, from marketing to onboarding, product usage, and customer service. The company’s technology infrastructure is robust, with a powerful CRM platform, cyber security, and anti-fraud protection features. Plus500’s scalable and reliable system architecture and platforms capabilities cater to its customers’ trading activities.
The company offers a comprehensive CFD platform that is aimed at traders around the world. Plus500 provides access to a portfolio of over 2800 instruments, allowing trading of stocks, indices, commodities, forex, ETFs, and options.
Plus500 has a simple, easy-to-use site, with an especially well-designed mobile platform, popular for traders looking to trade multiple asset classes. The platform is fully compliant with all the necessary financial regulations and procedures, ensuring proper operations.
Deposit:
At Plus500, the minimum deposit amount varies according to the payment method and the trader’s country of residence. Generally, the minimum deposit requirement is $100 or its currency equivalent (€/£) for online bank transfers, electronic wallets, and credit/debit card payments. For wire transfers, the minimum deposit is higher at $500. Deposits made through electronic wallets or credit/debit cards are typically reflected in the trader’s account within minutes, while bank transfers may take up to five days to process.
Withdrawal:
Withdrawal requirements and processes at Plus500 are designed to ensure a smooth and secure experience for traders. The minimum withdrawal amount for bank transfers is $100 (or the currency equivalent) or the available account balance, whichever is lower. For e-wallet withdrawals, the minimum is $50 (or equivalent) or the available balance, whichever is lower. Plus500 does not charge any withdrawal fees for bank transfers, credit/debit cards, or e-wallets. However, if traders request a withdrawal amount below the minimum, they may be charged a fee of $10. Currency conversion fees may also apply for withdrawals in a different currency than the account’s base currency.
To request a withdrawal, traders can log into their Plus500 account, navigate to the “Funds Management” section, and follow the prompts to initiate the withdrawal process. The available withdrawal methods include bank wires, credit/debit cards, and electronic wallets (PayPal, Skrill). Cryptocurrency withdrawals are currently not supported. The processing time for withdrawal requests can vary, but Plus500 typically processes them within 1-2 business days, subject to regulatory compliance checks and any additional documentation or verification requirements. Also, the Receipt of any withdrawals may include longer timeframes, depending on your bank or financial institution.
Plus500 is a well-established online trading platform that operates under the regulatory oversight of multiple financial authorities across the world. The company’s subsidiaries are authorized and regulated in different jurisdictions, ensuring that the platform operates with transparency, integrity, and responsibility for its clients.
Opportunities for trading with a regulated company:
Trading with a regulated company like Plus500 means several key points are integrated, including:
- Reputability: Trading on a regulated platform indicates that the company operates with transparency and integrity, providing a trustworthy environment for clients.
- Stringent Rules and Regulations: Regulated companies are subject to strict rules and regulations designed to protect the interests of retail clients, ensuring that trading activities are fair and transparent.
Regulatory Compliance:
Plus500 is committed to regulatory compliance, ensuring that its operations align with the requirements of the financial authorities. The company’s regulatory compliance is critical to maintaining its reputation and ensuring the trust of its clients.
Tax Compliance:
Plus500 complies with tax regulations, including the US Internal Revenue Service (IRS) regulations under Section 871(m) of the US tax code. The company has an obligation to obtain documentation from customers that trade instruments that reference US equities. This includes filling out forms such as Form W-8BEN (for non-US individuals) and Form W-9 (for US citizens or residents for tax purposes).
Identity Verification:
As part of its regulatory obligations, Plus500 requires clients to verify their identity and residential address. This includes uploading photo ID and residence information, which is used to perform identity and residential address verification.
Trading Restrictions:
Plus500 has restrictions on certain trading methods, including scalping, automated data entry systems, and hedging. The company also prohibits activities such as insider trading and market abuse, (as these are illegal) and reserves the right to void all trades and/or close accounts in such circumstances.
In summary, Plus500 is a well-established and heavily regulated online trading platform that provides a competitive and secure trading environment across multiple asset classes. With a focus on innovation, customer experience, and stringent regulatory compliance, Plus500 has emerged as a trusted name in the online trading industry. Despite offering diverse trading products and tools, the platform maintains a strong commitment to transparency, fairness, and client protection through its adherence to various financial authorities’ regulations. Plus500’s robust technology infrastructure and scalable systems enable it to cater to a growing global customer base effectively.
| Select a row to sortSorted by overall scoreSorted by minimum deposit | |  |  |  |
|---|---|---|---|---|
| 4.4 | 4.8 | 4.6 | 4.5 | |
| $100 | $20 | $5 | $10 | |
| Regulators | FCA, MAS | CySEC, FCA, ASIC | CySEC | FCA, FSA |
| Demo account | Yes | Yes | Yes | Yes |
| MetaTrader 4 | No | Yes | Yes | Yes |
| MetaTrader 5 | No | Yes | Yes | Yes |
| Web platform | Yes | Yes | Yes | Yes |
| Own platform | Yes | Yes | No | Yes |
| Open an account | 82% of retail CFD accounts lose money. | 65% of retail CFD accounts lose money. | 80% of retail CFD accounts lose money. | 80% of retail CFD accounts lose money. |
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Is Plus500 safe?
How do deposits and withdrawals work at Plus500?
How easy is it to open an account at Plus500?
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Is the Plus500 app good?
Which platforms does Plus500 offer?
Mobile Trading Apps
Plus500 offers mobile trading apps for both Android and iOS devices, allowing traders to access their accounts and trade on the go. The mobile apps provide a seamless trading experience with features like real-time price quotes, advanced charting tools, and instant trade execution. The apps are designed for optimal performance on mobile devices and tablets, ensuring that traders can stay connected to the markets at all times.
Web Trading Platform
The web trading platform is accessible through any modern web browser, eliminating the need for software downloads or installations. It offers a user-friendly interface where traders can access real-time market data, place trades, manage positions, and monitor their account activity all within the browser-based platform.
Key Features
Some notable features of Plus500’s trading platforms include:
- Push Notifications and Alerts: Plus500 provides push notifications and alerts to traders based on market events, price movements, and changes in its in-house trader sentiment indicator.
- +Insights Tool: Plus500’s +Insights tool is a trend exploration-driven feature that allows users to explore predefined measurements, such as most bought, most sold (shorted), most profit-making positions, and more.
- Instrument-Specific Insights: Plus500 offers an instrument-focused experience that allows users to dive deeper into individual instrument data, including information about the instrument’s popularity, views over the past 24 hours, and sentiment analysis.
- “+Me” Comparison Tool: The “+Me” tool allows traders to compare their trading insights and behaviors with those of other Plus500 traders, encouraging self-assessment and helping them make more informed decisions based on their trading habits.
ComparativeTools: Plus500’s platforms offer comparative tools that allow traders to compare the performance of different trading instruments, strategies, and behaviors. - Real-time Data and Insights: Plus500’s unique features provide traders with real-time data and insights, enabling them to make timely decisions based on current market conditions, offering a combination of technical and sentiment trends to help them stay ahead of market trends.
Trading Platform
- Desktop windows
- No
- Desktop MAC
- No
- Web platform
- Yes
- Own platform
- Yes
- MetaTrader 4
- No
- MetaTrader 5
- No
What can you trade at Plus500?
FAQ
Is Plus500 a good broker?
Plus500 is a well established and reputable onlin trading company that offers a wide range of financial instruments, including CFDs, stocks and futures across three platforms.
Is Plus500 regulated and trustworthy?
Plus500 is a fully regulated broker, overseen by multiple financial authorities across the world. This extensive regulatory coverage indicates that the platform operates with transparency, integrity, and responsibility for its clients.
Is Plus500 a scam broker?
Plus500 is a legit broker operating under UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), New Zealand Financial Markets Authority (FMA), Singapore Monetary Authority (MAS), South African Financial Sector Conduct Authority (FSCA), the Estonian Financial Supervisory Authority (EFSA), Dubai Financial Services Authority (DFSA), and Financial Services Authority Seychelles oversight. No scam warning has been issued on the websites of regulatory authorities. oversight. No scam warning has been issued on the websites of regulatory authorities.
What is the minimum deposit at Plus500?
Minimum deposit is 100$ or equivalent in € or £ or other currencies.
Which trading platform is available at Plus500?
- WebTrader: This is the primary trading platform offered by Plus500, which is accessible through a web browser. It provides a user-friendly interface for trading CFDs on various financial instruments, including shares, forex, commodities, indices, ETFs, and cryptocurrencies
- Mobile Trading App: Plus500 also offers a mobile trading app for traders who prefer to access the platform on-the-go. This app allows for seamless trading and monitoring of positions across multiple devices
Does Plus500 offer a free demo account?
Yes. Plus500 offers an unlimited demo account for trading beginners or testing purposes.
How does Plus500 compare?
Plus500 alternatives